The Global Pulse Oximeters Market is likely to grow in the coming years due to recent advances in molecular data that has contributed to genome sequencing. According to a report published by Fortune Business Insights, titled “Pulse Oximeters Market: Global Market Analysis, Insights and Forecast, 2017 to 2025,” the market will be valued at 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 is likely to exhibit a CAGR of 6.7% in the forecast period.
Some of the Main Key Players Covered in the Report
- Omron Healthcare, Inc.
- Philips Benelux
- General Electric Manufacturing Company (GEMAC)
- Messe Düsseldorf GmbH
- Vyaire Medical
- Opto Circuits India Ltd.
- Nonin Medical, Inc.
Browse Complete Report Details: https://www.globenewswire.com/news-release/2019/07/03/1877713/0/en/Pulse-Oximeters-Market-to-Reach-US-2-657-6-Mn-by-2025-Masimo-Radius-Clearance-for-Wireless-Oximeters-Will-Boost-the-Market-says-Fortune-Business-Insights.html
Recent discoveries in pharmaceuticals and drug delivery methods have boosted the global Pulse Oximeters Market. Increasing FDA approvals for drug used for manufacturing pharmaceuticals are likely to favor the growth of the global Pulse Oximeters Market. Besides this, advancements in drug delivery system have led to an increase in demand for related pharmaceuticals.
Furthermore, increasing focus on research and development of newer pharmaceuticals by leading healthcare companies is likely to boost the market in the forthcoming years. Fortune Business Insights has stated that the Pulse Oximeters Market in North America will emerge in the forecast period.
By Product Type
- Fingertip Oximeters
- Handheld Oximeters
- Tabletop Oximeters
By End User
- Ambulatory Surgery Centers and Clinics
- Home Healthcare
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Masimo’s wireless oximeter has gained huge popularity owing to its wireless functions and it is likely that the global pulse oximeters market will benefit from the subsequently rising demand for the Radius PPG. Radius’ ability to display blood oxygen values on external third party display devices, in addition to Masimo’s inbred host display devices are likely to boost the growth of the global 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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