PR Newswire-PR Newswire / San Francisco, March 16, 2021-According to the latest report from Grand View Research, Inc., by 2028, the global pulse oximeter market is expected to reach $3.4 billion. It will reach 6.4% from 2021 to 2028. The advancement of product technology, the increase in healthcare costs and readmissions, and the increasing adoption of pulse oximeters are expected to drive market growth during the forecast period. Market participants are introducing devices that are more efficient and support telemedicine methods. For example, in February 2017, the company obtained the CE mark of Rad-97 Pulse CO-Oximeter, which is used to monitor blood pressure at set time intervals. It can also transmit data to remotely connected devices.
Read the 80-page research report with ToC, which covers “Pulse Oximeter Market Size, by Type (Fingertips, Handheld), by End Use (Hospitals and Other Medical Facilities, Home Care), Shares by Region Trend analysis report and market segment forecast, 2021-2028″, URL: https://www.grandviewresearch.com/industry-analysis/pulse-oximeter-market
There are various other types of oximeters, such as wrist oximeters, bedside or desktop oximeters, and cell phone pulse oximeters (the latest product). These oximeters are equipped with sensors compatible with the software installed in the user’s mobile phone, which can analyze data to display information. For example, iHealth Labs, a subsidiary of Chinese company Andon Health, offers such products. In October 2013, the company’s wireless pulse oximeter was approved by the FDA.
Grand View Research has divided the global pulse oximeter market by type, end use and region:
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Grand View Research, a US market research and consulting company, provides syndicated and customized research reports and consulting services. The company is registered in California and headquartered in San Francisco. It consists of more than 425 analysts and consultants, and adds more than 1,200 market research reports to its huge database every year. These reports provide in-depth analysis of 46 industries in 25 major countries/regions around the world. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and well-known academic institutions understand the global and regional business environment and seize future opportunities.
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Post time: Mar-17-2021