Wednesday, 24 April 2024
The growth of the market is attributed to Increasing prevalence of respiratory diseases and growing preference for remote patient monitoring. However, the inaccuracies in pulse oximeter readings due to several factors, such as changes in the arterial pulse, body movements, color interferences, and venous pulsations hinder the growth of the market.
A Latest intelligence report published by The Insight Partners with title “US Pulse Oximeters Market Outlook to 2027. A detailed study accumulated to offer Latest insights about acute features of the US Pulse Oximeters Market. This report provides a detailed overview of key factors in the US Pulse Oximeters Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. A thorough analysis of these factors including economic slowdown, local & US reforms and COVID-19 Impact has been conducted to determine future growth prospects in the US market.
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Our expert team is consistently working on updated data and information on the key player’s related business processes that value the market. For future strategies and predictions, we provide a special section regarding the COVID-19 situation.
Major Players in US Pulse Oximeters Market Report Include:
US PULSE OXIMETERS MARKET SEGMENTATION
By Type
Fingertip Pulse Oximeters
Handheld Pulse Oximeters
Wrist-worn Pulse Oximeters
Pediatric Pulse Oximeters
Transdermal Semisolids
By End User
Hospitals
Clinics
Others
The US pulse oximeters market is expected to witness significant growth during the forecast period. The growth of the market is expected to be fastest due to increasing incidence of respiratory disease, growing geriatric population, technological advancement, and growing demand for non-invasive medical devices. For instance, as per the American Lung Association, COPD is the third leading cause of death in the US, wherein more than 16.4 million people are diagnosed with the condition. In addition, as per the US Department of Health and Human Services, ~25 million people in the US had asthma in 2019, which is one of the world’s most common respiratory diseases. Additionally, the COVID-19 is a respiratory disease and primarily affects lungs, therefore, increasing demand for respiratory devices including pulse oximeters. These are major intervention for patients with severe Covid-19 infection, and the healthcare providers need to ensure the availability of pulse oximeters and other medical oxygen systems. In COVID patients, the oxygen levels drop significantly and can even drop to 40% as compared to Normal oxygen levels that is above 95%. The oximeter has become crucial in the management and monitoring of COVID-19 patients. The market for these devices is growing due to their ability in early detection and remote monitoring of patients.
In the last section of the report, the companies responsible for increasing the sales in the US Pulse Oximeters Market have been presented. These companies have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the application and product type introduced by each of these companies also form a key part of this section of the report. The recent enhancements that took place in the US market and their influence on the future growth of the market have also been presented through this study.
Report Highlights:
Comprehensive overview of parent market & substitute market
Changing market dynamics in the industry (COVID & Economic Impact Analysis)
In-depth market segmentation (Trends, Growth with Historical & Forecast Analysis)
Recent industry trends and development activity
Competitive landscape (Heat Map Analysis for Emerging Players & Market Share Analysis for Major Players along with detailed Profiles)
Points Covered in Table of Content of US Pulse Oximeters Market:
Key questions answered:
Who are the Leading key players and what are their Key Business plans in the US Pulse Oximeters Market?
What are the key concerns of the five forces analysis of the US Pulse Oximeters Market?
What are different prospects and threats faced by the dealers in the US Pulse Oximeters market?
What possible measures players are taking to overcome and stabilize the situation?
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