Smart Pulse Oximeters Market Trends and Analysis 2024-2031 |...

Smart Pulse Oximeters Market Trends and Analysis 2024-2031

Posted 2024-02-26 11:03:39

Report Overview

Global Smart Pulse Oximeters Market is estimated to grow at a CAGR of 3.4% during the forecast period 2024-2031.

A smart pulse oximeter, also referred to as a probe, is a non-invasive medical device that resembles a clip. It’s designed to monitor the oxygen saturation level and heart rate in humans, utilizing infrared light for these measurements. The importance of monitoring oxygen levels and heart rate becomes critical during surgical procedures and anesthesia administration, as any fluctuations in oxygen levels could potentially lead to life-threatening consequences.

This device plays a crucial role in diagnosing and managing chronic respiratory diseases like chronic obstructive pulmonary disease (COPD), cardiopulmonary disorders, sleep disturbances, heart conditions, and acute severe chest pain.

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Market Segmentation

By Product Type

Wrist Worn Pulse Oximeters
Fingertip Pulse Oximeters
Handheld Pulse Oximeters
Paediatric Pulse Oximeter

By End user

Hospitals and Clinics
Ambulatory Surgical Centers
Homecare

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Market Key Players

Major players are Koninklijke Philips N.V., Halma Plc., Medtronic plc, iHealth Labs Inc., Masimo Corporation, Contec Medical Systems Co. Ltd., General Electric Company, Smiths Group plc, Nonin Medical, Inc., Omron Corporation, Shenzhen Creative Industry Co.,Ltd, Indiegogo, Inc. and Technocare Medisystems.

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