Global Pulse Oximeters Market Research Report: By Product (Fingertip, Consists of Handheld and other), By End-Use (Medical Amenities, Hospitals, Respiratory & Cardiac Centers, Homecare) and By Region (Asia Pacific, Europe, Americas, Middle East and Africa) – Forecast to 2023
The worldwide Pulse Oximeters Market is predicted to grow at around 6.5 percent
during the forecast period of 2020 to 2027:
Pulse oximeters are used to assess key medical parameters; like cardiac, pulse, and
breathing rates. They are employed to analyze the health of patients during the detection of
their illnesses or when they display symptoms.
These products are adopted across homes, healthcare settings, healthcare emergencies.
Rising elderly populace, preference for home surveillance, and chronic illnesses are some of
the factors that drive this industry. Apart from these, heart problems and obesity coupled
with unhealthy living conditions can also contribute market sales in the near future.
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Bad eating choices and consumption of junk food are the probable factors, reported to cause
heart ailments, hypertension, and diabetes. Both these factors augur well for the industry and
propel its revenues. In addition to the above factors, consumer awareness regarding ‘state-
of-the-art’ pulse oximeters is said to boost market growth.
On the other hand, the key factor which hinders the industry is the shortage of awareness
about these devices across middle & low income families. Considering the overall scenario,
the pulse oximeters market is set to attain remarkable growth from 2017 to 2023. This fact
is credited to the wider presence of cardiac arrhythmias, ischemic ailments, sleep apnea, and
The worldwide pulse oximeters market is fairly competitive, with various companies
developing new products & services to remain ahead of one another. Product sanctions and
mergers & acquisitions are some of the common strategies used by these players. Recently,
a new oximeter, ‘Elera Starhealth’ was launched to make reading simple for the patients. It
can operate non-stop for fifty hours & provide rapid & precise spot checks, as and when
The pulse oximeters