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Pulse Oximeter Market Trends

  • Report ID: GMI3843
  • Published Date: Oct 2023
  • Report Format: PDF

Pulse Oximeter Market Trends

The increasing prevalence of respiratory disorders is anticipated to drive the market in the forecast years. For instance, as per The American Lung Society’s report, COPD or Chronic Obstructive Pulmonary Disorder has high mortality rate in the U.S. and has afflicted over 16.4 million people in 2021. The respiratory disease burden is expected to reach higher with each passing year. Moreover, altered, and poor lifestyle choices such as drinking, smoking, lack of bodily activities, and other factors manifest itself in compromised respiratory health. Pulmonary emphysema, a part of COPD, is a disorder that is triggered by lifestyle habits such as smoking. For instance, The National Library of Medicine (NLM) in one of its 2021 studies, states that the rising prevalence of emphysema has reached around 14 million in the U.S.

 

  • Due to the disease's pathophysiological process, patients with respiratory difficulties have trouble transporting oxygen and have low oxygen saturation. In studies, pulse oximetry has been demonstrated to be helpful in detecting the severity of a disease and assisting with medical decisions. The saturated oxygen in red blood cells is measured by a pulse oximeter.
Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Pulse oximeter industry size was USD 2.7 billion in 2022 and is estimated to witness 6.5% CAGR, reaching over USD 4.7 billion by 2032 due to the surging prevalence of respiratory diseases worldwide.

Table-top/bedside pulse oximeters market size is likely to cross USD 1,555 million by 2032 attributed to the increasing prevalence of chronic and acute respiratory diseases.

Pulse oximeter market size from hospitals and clinics is anticipated to exceed USD 3,287 million by 2032 attributed to the increasing patient preference for quality care and speedy.

U.S. pulse oximeter industry size was USD 1,027 million in 2022 and is predicted to record notable growth up to 2032 due to the increasing prevalence of chronic respiratory conditions, supportive government initiatives and surging awareness for point-of-care testing.

Pulse Oximeter Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 13
  • Tables & Figures: 268
  • Countries covered: 18
  • Pages: 180
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