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Smart Pulse Oximeters Market Trends and Analysis 2024-2031

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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. 

 

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 

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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