Pulse Oximeters Market Size To Hit USD 2.8 Billion By 2025 : Grand View Research Inc.
San Francisco, 7 June 2019: The Report Pulse Oximeters Market Size, Share & Trends Analysis Report By Type (Fingertip, Handheld), By End Use (Hospitals & Healthcare Facilities, Homecare), By Region, And Segment Forecasts, 2019 – 2025 The global pulse oximeters market size is expected to reach USD 2.8 billion by 2025, based on a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 6.3% during the forecast period. The growth can be attributed to high prevalence of target diseases, such as Chronic Obstructive Pulmonary Disease (COPD), sleep apnea, cardiac arrhythmia, and ischemic conditions. Pulse oximetry is mandatory for newborn screening in almost 43 states in the U.S. It is also gaining roots in other parts of the world as it helps in detection of Congenital Heart Defect (CHD). Technological advancements in pulse oximeters to make the devices more efficient and user-friendly can boost the demand. For instance, in August 2015, Nonin Medical,