Pulse Oximeter Market Size Worth USD 3,534.4 Million by 2027 | CAGR of 7.1%: Emergen Research

Pulse Oximeter Market Size Worth USD 3,534.4 Million by 2027 | CAGR of 7.1%: Emergen Research

PR Newswire

VANCOUVER, B.C., Sept. 15, 2020

- Pulse Oximeter Market Size – USD 2,180.9 million in 2019, Pulse Oximeter Market Growth - CAGR of 7.1%, Pulse Oximeter Industry Trends – Prevalence of Congenital Heart Disease (CHD) and Chronic Obstructive Pulmonary Disease (COPD), potential investment opportunities and technological advancements.

- Technological progress in pulse oximeter devices, prevalence of neonatal conditions with favorable reimbursement scenarios are expected to fuel the market growth

VANCOUVER, B.C., Sept. 15, 2020 /PRNewswire/ -- The global pulse oximeter market is expected to reach USD 3,534.4 Billion by 2027, according to a new report by Emergen Research. Rising consciousness regarding severity and growing incidence of neonatal conditions along with awareness about patient monitoring is anticipated to boost the pulse oximeter sales in the forecast period. The increasing frequency of hypertension, asthma, chronic obstructive pulmonary disease (COPD), diabetes, sleep apnea, and cardiac arrhythmia, among other diseases, contribute to the growth prospects of pulse oximeter market.

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Tests related to pulse oximetry are painless, non-invasive, and enable rapid detection of oxygen saturation levels in the body. These gainful features are anticipated to drive the industry demand for pulse oximeters over the forecast period. Besides, the outbreak of novel coronavirus has led to frequent monitoring of respiratory conditions in infected patients. The integration of artificial intelligence in pulse oximeters is set to raise the demand for target medical devices.

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Key Highlights From The Report

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https://www.emergenresearch.com/industry-report/pulse-oximeter-market

Emergen Research have segmented the global Pulse Oximeter Market on the basis of product, sensor type, end-uses, and region:

Product Outlook (Revenue in Million USD; 2017–2027)

Sensor Type Outlook (Revenue in Million USD; 2017–2027)

End User Outlook (Revenue in Million USD; 2017–2027)

Regional Outlook (Revenue, USD Billion; 2017-2027)

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