The report on Wearable Pulse Oximeter Market by Infinium Global Research analyzes the wearable pulse oximeter market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in Global Wearable Pulse Oximeter market. It will help a lot of decision makers to develop strategies and find new opportunities in the global wearable pulse oximeter market. According to the report the global wearable pulse oximeter market is projected to grow at a CAGR of 7.5% over the forecast period of 2018-2024.
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North America to influence the wearable pulse global oximeter Devices Market through 2018-2024
The global wearable pulse oximeter market was dominated by the North America region over the historic period of 2015-16, followed by Europe. Increasing number of patients suffering from Heart attack, Heart failure, Chronic obstructive pulmonary disease (COPD), Anemia, Lung cancer, Asthma, Pneumonia and many other diseases, which need to continuously measure the oxygen level (oxygen saturation) of the blood of the patients, are the key factors responsible for driving the growth of oximeter devices market in globally.
Asia Pacific region is expected to be the fastest growing region on account of growing health care facilities as nursing homes, private hospitals, changing food consumption habit/working culture, increased spending on healthcare among middle and working population in developing countries like India, and China and other Asian countries could accelerate the growth of the wearable pulse global oximeter devices in medium and long term. Rising need for continuous monitoring of patients in critical conditions and cost-effectiveness of wearable devices are major factors expected to drive the market for wearable pulse oximeters.
Integration of the wearable health care device with smartphone and modern devices for easy monitoring
Rising adoption of smartphones among people, and their integration with wearable health care devices for easy monitoring of patient from another places, is the major driving force for the market. Introduction of technologically efficient and precise wireless pulse oximeters can drive future growth of markets globally during the forecasted period of 2018-2024. In addition, continuously growing cases of different respiratory disorders which include COPD, bronchitis, emphysema, interstitial lung diseases, tumors of the lung, pulmonary embolism, asthma and related disorders, Pulmonary asthma and cystic fibrosis could drive the growth of wearable pulse oximeter market for the medium and long term .
WTA to Use Masimo MightySat Fingertip Pulse Oximeters to Improve Player Performance
May 2018; The Sport Sciences and Medicine (SS&M) of the Women’s Tennis Association (WTA) started using Masimo MightySat fingertip pulse oximeters to provide comprehensive care to professional women tennis players.
Major Key Players mentioned in this Premium Report
The Leading companies in the market are Nonin Medical Inc., CONTEC MEDICAL SYSTEMS CO., LTD., Oxitone Medical Ltd, Masimo Corporation, Ambisea Technology Corp, Medtronic, True Wearables, Koninklijke Philips N.V., American Diagnostic Corporation and MTECGlobal co., Ltd.
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