Press Release

Pulse Oximeters Market Global Industry Share, Size, Industry Analysis, Key Growth Drivers Trends Forecast till 2026

Pulse Oximeters Market set for rapid growth forecast 2019-2026| Key Players: Philips Benelux, Omron Healthcare, Inc., General Electric Manufacturing Company (GEMAC), Masimo, Messe Düsseldorf GmbH, Vyaire Medical, Opto Circuits India Ltd., Medtronic, Nonin Medical, Inc.

The Global Pulse Oximeters Market is likely to grow in the coming years due to increasing usage clearances from the Food and Drug Administration (FDA). According to a report published by Fortune Business Insights, titled “Pulse Oximeters: Global Market Analysis, Insights and Forecast, 2018-2025,” the market is likely to reach US$ 2,657.6 Mn by the end of 2025. Fortune Business Insights states that the market was valued at US$ 1,587.3 Mn in 2017 and will exhibit a CAGR of 6.7% in the forecast period.

Browse Complete Report Details: https://www.fortunebusinessinsights.com/industry reports/pulse-oximeters-market-100528

Some of the Main Key Players Covered in the Report

  • Omron Healthcare, Inc.
  • Philips Benelux
  • General Electric Manufacturing Company (GEMAC)
  • Masimo
  • Messe Düsseldorf GmbH
  • Vyaire Medical
  • Opto Circuits India Ltd.
  • Medtronic
  • Nonin Medical, Inc

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https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/pulse-oximeters-market-100528

Masimo’s Approval for Radius PPG to Trigger Growth

In 2019, Masimo received clearance for its latest pulse oximeter. The ‘Radius PPG’ was approved by the FDA after establishing efficient results through clinical trials. The Radius PPG represents a significant breakthrough in the healthcare industry, particularly for the diagnosis and study of oxygen levels in the blood. The wireless ability allows users to move freely even when they are being examined with the device.

Masimo and Mindray Announce Partnership to Extend Sales Outside the US

In May 2019, Masimo and Shenzhen Mindray Biomedical Electronics announced that they have reached an agreement to extend the distribution of Masimo’s devices. Through this agreement, Mindray will offer sales and distribution options in countries other than the United States. The increasing demand for Masimo’s wrist-worn pulse oximeters has triggered this agreement, which in turn is likely to favor growth of the global market in the forthcoming years.

The report profiles several companies operating in the market and studies their growth strategies with regards to product launches and strategic collaborations. This is intended at evaluating the impact of these strategies on the overall market.

iHealth’s Wristworn Pulse Oximeter to Witness Massive Demand

iHealth’s wrist-worn pulse oximeter’s wide end user coverage can be attributed to its clinical efficacy and most importantly, its ease of use. The device is available on e-commerce websites such as Amazon and the ease of availability for iHealth’s latest device is a leading factor that has contributed to the growth of the global market.

The device can continuously monitor blood oxygen saturation levels along with the pulse rate, both within a short span of time. The device is integrated with a LED display that shows the oxygen saturation readings. The device operated through the emission of infrared light onto the blood vessels of the fingertip. The device has won over many users and the increasing demand has led to the distribution on online retail chains as well as offline stores. iHealth’s latest device is likely to boost the global pulse oximeter market in the forthcoming years.

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Dale Martinez

Dale possesses an engineering degree in Electronics from the Georgia Institute of Technology. She is the sole contributor at the Healthcare IT column. Before opting to write, Dale worked at major firms such as Microsoft, Amazon, GE, Raytheon, and so on. She possesses vast knowledge about a variety of fields like IT, IoT, Telecommunications, Health Dialysis, photovoltaic, and many others. Dale is also a ballet dancer.

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