Pulse Oximeters Market 2023, Outlook, Trends, Share, and Forecast Report By 2028

IMARC Group’s latest research report, titled “Pulse Oximeters Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the pulse oximeters market share. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global pulse oximeters market size reached US$ 2.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.5 Billion by 2028, exhibiting a growth rate (CAGR) of 7% during 2023-2028.

Pulse Oximeters Market Overview:

A pulse oximeter is a medical device utilized for measuring the oxygen saturation level in the blood. It is a small, portable device that is attached to finger or earlobe, although other body parts can also be used. It works by emitting two different wavelengths of light, usually red and infrared, into the blood vessels and tissues. Deoxygenated blood absorbs more infrared light while letting through more red light, whereas oxygenated blood absorbs more infrared light while letting through more red light. It can measure the variations in light absorption and calculate the blood's oxygen saturation level. It is widely used in various healthcare settings, including hospitals, clinics, and even homes. Additionally, it provides a quick and non-invasive way to monitor oxygen levels, allowing for early detection of potential respiratory problems or oxygen deprivation.

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Global Pulse Oximeters Market Trends:

The escalating healthcare expenditure majorly drives the global market. This can be supported by the growing prevalence of chronic medical conditions, such as asthma, chronic obstructive pulmonary disease (COPD), occupational lung diseases, and pulmonary hypertension among the masses. Along with this, the rising inclination toward non-invasive medical devices and procedures among both patients and healthcare providers is significantly supporting the market. In addition, the increasing demand for portable and wearable oximeter variants across the globe is positively influencing the market. Apart from this, continuous advancements in technology, such as improvements in microprocessor technology, light-emitting diodes, and photoelectric sensors, are contributing to the market. Furthermore, the integration of oximeters with artificial intelligence (AI) and the availability of oximeter variants for maintaining electronic medical records (EMR) is creating a positive market outlook.

Pulse Oximeters Top Companies Worldwide:

  • CAS Medical Systems Inc.
  • Contec Medical Systems Co. Ltd.
  • Koninklijke Philips NV
  • Masimo
  • Medtronic Plc
  • Nonin Medical Inc.
  • Opto Circuits
  • Smiths Medical, Inc.
  • Spacelabs Healthcare (OSI Systems),
  • Welch Allyn (Hill-Rom)

Do you know more information, Contact to our analyst at– https://www.imarcgroup.com/pulse-oximeter-market

Key Market Segmentation:

Breakup by Type:

  • Fingertip Pulse Oximeters
  • Handheld Pulse Oximeters
  • Wrist-worn Pulse Oximeters
  • Others

Breakup by Sensor Type:

  • Reusable
  • Disposable

Breakup by End-Use:

  • Hospitals and Clinics
  • Ambulatory Surgery Centers
  • Home Healthcare
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact us:
IMARC Group
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Tel No:(D) +91 120 433 0800
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