Report ID: SQMIG35A2211
Pulse Oximeters Market Size, Share, Growth Analysis, By Product Type(Fingerprint pulse oximeters, hand-held pulse oximeters, table top/ bedside pulse oximeters), By Technology(Conventional and connected), By Age group(Adult and pediatric), By End user(Hospitals, homecare, and ambulatory care centres), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35A2211 |
Region:
Global |
Published Date: February, 2024
Pages:
231
|
Tables:
113 |
Figures:
77
Pulse Oximeters Market Regional Insights
North America is expected to dominate the global market during the forecast period. The growth of this region is attributed to increasing adoption of wireless pulse oximeters, rising uses of oximeters in home healthcare, well-established infrastructure, growing prevalence of chronic diseases and heart patients, increasing healthcare expenditure. In addition, the surge in hospital admissions & ASCs and the presence of strong players in this region is also contributes significantly to the market growth.
Europe is expected to hold the second highest market share during the forecast period. The growth in this region is attributed to rising prevalence of CCHD in newborns and mandate to screen CCHD in newborns with oximetry in hospitals. In addition, the improvement in healthcare infrastructure resulting in increased number of hospitals in Europe is also boost the market
Asia Pacific is expected to grow at the highest CAGR during the forecast period. The growth of this region is attributed to increasing awareness regarding the diagnosis of chronic respiratory diseases, rising COVID-19 cases, and strong focus on increasing hospital infrastructure.
Pulse Oximeters Market Report Snapshots
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