Big Data as a Service Market Report 2022-2027, Industry Share, Size, Growth, Trends and Opportunities
Big Data as a Service Market Report 2022-2027, Industry Share, Size, Growth, Trends and Opportunities
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According to the latest report by IMARC Group, titled “PulseOximeters Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global pulse oximeters market exhibited moderate growth during 2015-2020. A pulse oximeter refers to a small, lightweight medical device that is utilized for monitoring the amount of oxygen present in the patient’s blood. It is non-invasively attached to the fingertip, toe or earlobe of individuals and efficiently detects minor changes in the oxygen levels. It also assesses the saturation of oxygen by utilizing specific wavelengths of light. Upon assessment, the pulse rate and the percentage of oxygen are reflected in the display attached to the device. It is mostly used in critical care settings during emergencies, surgical procedures and recovery in hospital wards.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Global Pulse Oximeters Market Trends:
The market is primarily driven by the rising incidences of
chronic diseases on the global level. Patients suffering from serious health
conditions, such as sleep apnea, asthma, hyperlipidemia, cardiac arrhythmia,
and chronic obstructive pulmonary disease (COPD), require constant monitoring
of pulse rates and oxygen saturation levels. The rising number of such patients
is boosting the uptake of pulse oximeters on the global level. Apart from this,
a significant increase in the geriatric population and the growing emphasis on
patient safety and monitoring are catalyzing the market growth. There has also
been an increasing preference for the adoption of non-invasive medical devices
among patients and healthcare professionals. This, along with the introduction
of portable and wearable oximeters, is expected to create a positive outlook
for the market. Furthermore, extensive research and development (R&D) and
clinical trials have led to the advent of efficient variants in the market. The
integration of these devices with artificial intelligence (AI), smartphones,
and advanced sensors and microprocessor technology, is expected to provide an
impetus to the market growth. The market is further driven by the sudden
outbreak of the coronavirus disease (COVID-19) across the globe as patients
suffering from the condition need continuous monitoring of their respiratory
parameters, among various other medical aids. Looking forward, IMARC Group
expects the market to grow at a CAGR of 8.6% during 2021-2026.
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List of Figure: https://www.imarcgroup.com/pulse-oximeter-market
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the
market with some of the key players being.
Pulse Oximeters Market Segmentation:
Our report has categorized the market based on Region, Type,
Sensor Type and End-Use.
Breakup by Type:
Breakup by Sensor Type:
Breakup by End-Use:
Breakup by Region:
Key highlights of the report:
About Us
IMARC Group is a leading market research company that offers
management strategy and market research worldwide. We partner with clients in
all sectors and regions to identify their highest-value opportunities, address
their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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