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Showing posts with the label Pulse Oximeter Market

Pulse Oximeter Market size is expected to reach USD 5.3 billion by 2030

  Pulse Oximeter Industry Overview The global pulse oximeter market size was estimated at USD 3.3 billion in 2023 and is expected to grow at a CAGR of 6.6% from 2024 to 2030. The rising incidence of respiratory and cardiovascular diseases worldwide is expected to drive the demand for continuous monitoring devices, including pulse oximeters. According to World Health Federation 2023 insights, cardiovascular diseases impact over 500 million individuals globally, leading to 20.5 million fatalities in a year, which represents nearly one-third of all deaths worldwide. Moreover, factors such as technological advancements, strategic partnerships among key players, and the rising adoption of home healthcare & remote patient monitoring are driving the pulse oximeters market growth. Gather more insights about the market drivers, restrains and growth of the  Pulse Oximeter Market Technological advancements in pulse oximeters have made them more accurate and cost-effective, driving ma...

Pulse Oximeter Market Size is Surging in upcoming Years till 2028

  Pulse Oximeter Industry Overview The global pulse oximeter market size was valued at USD 2.3 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.4% from 2021 to 2028. Rising awareness regarding applications of pulse oximeters in COVID-19 management and the increasing prevalence of target diseases is expected to drive the growth of the market. Availability of new products and high unmet needs in developing and least-developed economies are expected to boost market growth over the forecast period. Around 43 states in the U.S. have made pulse oximetry mandatory for newborn screening and is gaining popularity in other countries due to applications in the detection of Congenital Heart Defects (CHD) and other heart and respiratory conditions. Gather more insights about the market drivers, restrains and growth of the Global Pulse Oximeter Market The growing prevalence of target diseases such as asthma, hyperlipidemia, hypertension, diabet...