Smart Pulse Oximeters Market - Analysis and Industry Forecast, 2014-2022
The global smart pulse oximeter market is poised to reach $1,268 million by 2022, registering a CAGR of 7.2% from 2016 to 2022. Fingertip pulse oximeters segment is expected to dominate the global smart pulse oximeters market in 2015. Smart pulse oximeters measure vital health parameters, such as oxygen saturation level, heart rate, and pulse rate. These devices can be used to monitor a patients status prior or during the diagnosis of a disease. These oximeters are used in a medical setting, home environment, or at the site of medical emergency.
The global smart pulse oximeter market is poised to reach $1,268 million by 2022, registering a CAGR of 7.2% from 2016 to 2022. Fingertip pulse oximeters segment is expected to dominate the global smart pulse oximeters market in 2015.
Smart pulse oximeters measure vital health parameters, such as oxygen saturation level, heart rate, and pulse rate. These devices can be used to monitor a patients status prior or during the diagnosis of a disease. These oximeters are used in a medical setting, home environment, or at the site of medical emergency.
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SMART PULSE OXIMETERS<br />
MARKET KEY FINDINGS<br />
• Based on product type, the fingertip pulse oximeters segment was the highest revenue<br />
contibutor, growing at a CAGR of 7.5% during the analysis period.<br />
• The ASCs segment for fingertip pulse oximeters market is estimated to grow at the highest<br />
CAGR of 8.6% from 2016 to <strong>2022</strong>, as fingertip pulse oximeters can be used easily by<br />
patients <strong>and</strong> do not require trained professional for operating the device.<br />
• Developing regions are projected to be the fastest growing region until <strong>2022</strong>, owing to the<br />
presence of ample growth opportunities in terms of unmet medical needs for the<br />
treatment of COPD, sleep apnea, <strong>and</strong> other respiratory disorders in this region, <strong>and</strong><br />
increase in disposable income of the population.<br />
• Russia is projected to be the fastest growing country in the European region, growing at a<br />
CAGR of 9.2% during the analysis period.
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