Pulse Oximeter Market to Grow at a CAGR of 7.68% During the Forecast Period
Sudden outbreak and spread of pandemic COVID-19 is expected to drive the growth of global pulse oximeter market during the forecast period. According to TechSci Research report, “ Global Pulse Oximeter Market By Product Type (Fingertip, Handheld and Others), By Sensor Type (Reusable v/s Disposable), By Patient Type (Adult, Pediatric, Neonatal), By End User (Hospitals & Clinics, Homecare, Others), By Region, Competition Forecast & Opportunities, 2026 ” , the global pulse oximeter market stood at USD2576.07 million in 2020 and is further expected to grow at a CAGR of 7.68% during the forecast period. This can be ascribed to rising geriatric population which is susceptible to various chronic diseases. Additionally, increasing air pollution, smoking, among others have led to an increase in the prevalence of respiratory diseases. Pulse oximeters are actively used during surgery process when patient is under anesthesia and post-surgery proces...