Pulse Oximeter Industry Overview The global pulse oximeter market size is expected to reach USD 3.4 billion by 2028, based on a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.4% from 2021 to 2028. Technological advancements in products, growing healthcare costs, and readmission, and increasing adoption of pulse oximetry devices are expected to boost market growth during the forecast period. Market players are introducing devices that are more efficient and support telehealth approaches. For instance, in February 2017, the company received a CE mark for Rad-97 Pulse CO-Oximeter used to monitor blood pressure at set intervals. It is also capable of transferring the data to a remotely connected device. Pulse Oximeter Market Segmentation Grand View Research has segmented the global pulse oximeter market on the basis of type, end-use, and region: Based on the Type Insights, the market is segmented into Fingertip, Handheld, Others.
Based on the End-use Insights, the market is segmented into Hospitals & Other Healthcare Facilities, Homecare.
Pulse Oximeter Regional Outlook
Key Companies Profile & Market Share Insights The market is fragmented with the presence of various global and regional manufacturers. The market is expected to adopt various strategies such as product launches and acquisitions by key players to expand their market share. Some prominent players in the global pulse oximeter market include
Order a free sample PDF of the Pulse Oximeter Market Intelligence Study, published by Grand View Research. About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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