Held Pulse Oximeter is a medical device used for measurement of various health constraints such as pulse rate, oxygen saturation level and heart rate thus helping in diagnostic of disease such as cardiac, respiratory and others. WHO reported that over 251 million died in COPD related disease in 2016 worldwide with more than 90% of cases reported from emerging countries. The growing cases of respiratory diseases provide huge opportunities for service providers to expand their market presence by consistently focusing on research and developments.This growth is primarily driven by Technological Advancement such as Advent of User Friendly and Light Weight Pulse Oximeters and Increasing Incidents of Sleep Apnea and COPD (Chronic obstructive pulmonary disease) Diseases.
Globally, a noticeable market trend is evident Growing Adoption of Oxygen Saturation Level Monitoring Devices
. Major Players, such as Masimo [United States], Medtronic [Ireland], Nonin Medical [United States], Smiths Medical [United States], Nihon-Kohden [Japan], Philips [Netherlands], GE Healthcare [United States], Konica Minolta [Japan] and Mindray [China] etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
- Technological Advancement such as Advent of User Friendly and Light Weight Pulse Oximeters
- Increasing Incidents of Sleep Apnea and COPD (Chronic obstructive pulmonary disease) Diseases
- Growing Adoption of Oxygen Saturation Level Monitoring Devices
- Increasing Use of held Pulse Oximeter in Medical Centers for Regular Check Ups
- Lack of awareness about these Devices in Emerging Countries
- Availability of Alternative Pulse Oximeters Such as Digital One
Rise in Number of Geriatrics Population and Redesigning of Held Pulse Oximetry with Focus on Long Lasting Battery Facilities and Durability of Device
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