Pulse Oximeter Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast 2022 to 2032
According to a recently published Future Market Insights report, the Pulse Oximeter Market is According to Future Market Insights’ recently published Pulse Oximeter Market analysis report, the market’s global sales in 2021 were stable at US$ 2.3 billion. The market is anticipated to reach a size of US$ 5.1 billion by 2032 with a 7.6% CAGR from 2022 to 2032. With a CAGR of around 8.4% from 2022 to 2032, the Handheld Pulse Oximeter Market type is anticipated to generate the most amount of revenue.
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The key product for Pulse Oximeter is handheld pulse oximeter, and the demand for Pulse Oximeter through handheld pulse oximeter was recorded at 7.4% between 2017 and 2021, with a CAGR of 7.6% expected between 2022 and 2023.
The pulse oximeters market is being driven by the Covid-19 pandemic. Bloomreach, an e-commerce software company, reports a 527% increase in US sales of fingerprint pulse oximeters during the week of January 2020 in the US. Midway through February, it began to rise again, and weekly sales have risen since then, despite a slower rate of decline.
Pulse Oximeter Market Segmentation
By Type:
- Fingertip
- Handheld
By End-use:
- Hospitals & Other Healthcare Facilities
- Homecare
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