According
to TechSci Research report, “India Pulse Oximeter
Market By Type (Fingertip, Table-Top, Wrist-Worn,
Hand-Held, Earlobe, Forehead, Palm/Foot, Nose), By Sensor Type (Reusable v/s
Disposable), By Patient Type (Neonatal, Pediatric, Adult), By End Users
(Hospitals & Clinics, Diagnostic Centers, Ambulatory Centers, Homecare,
Others), By Region, Forecast & Opportunities, FY2026”, the Indiapulse oximeter market is expected to grow at an
impressive rate during the forecast period on account of the growing geriatric
population suffering from various respiratory diseases such as COPD, asthma and
other respiratory ailments. This has drastically increased the patient pool,
which in turn is expected to positively influence the market growth through
FY2026. Additionally, growing popularity of homecare surveillance and patient
monitoring at home is further expected to fuel the market growth over the next
few years. Furthermore, growing emphasis on patient safety during anesthesia
and different surgical procedures for monitoring the vital organs is further
expected to propel the market growth during the forecast period. Also,
increasing demand for portable patient care and monitoring devices is further
expected to spur the market growth until FY2026. However, fluctuating prices of
pulse oximeters might hamper the market growth. The sudden increase in COVID-19
cases has increased the prices of these devices significantly. Also, a
demand-supply gap has been created due to excessive demand for pulse oximeters.
This might further restrict the market growth during the forecast period.
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XX market data Tables and XX Figures spread through XXX
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"IndiaPulse Oximeter Market"
The Indiapulse oximeter market is segmented based on type, sensor type,
patient type, end users, company and region. Based on type, the market can be
categorized into fingertip, table-top, wrist-worn, hand-held, earlobe,
forehead, palm/foot and nose.Among these, the hand-held devices segment is
expected to dominate the market during the forecast period owing to the use of
pulse oximeters for long term monitoring of patients when they are stable.
Additionally, they are widely used in the hospital facilities.The table-top
segment is expected to hold significant market share owing to the growing
prevalence of respiratory diseases.Based on end users, the market can be
fragmented into hospitals & clinics, diagnostic centers, ambulatory
centers, homecare and others.The homecare segment is expected to register
highest CAGR during the forecast period. This can be ascribed to the growing
prevalence of chronicdiseases and patients opting for remote patient monitoring
and homecare. Furthermore, surge in the number of COVID-19 cases across the
country and patient going for home quarantine and isolation is further expected
to drive the segmental growth through FY2026.
India Medtronic Private Limited, Opto Circuits India Ltd., Wipro GE
Healthcare Pvt. Ltd., Philips Healthcare India, Masimo Medical Technologies
India Pvt. Ltd, Smiths Medical India Pvt Ltd., Welch Allyn India, Spacelabs
Healthcare (OSI Systems Pvt. Ltd.), Nihon Kohden India Pvt. Ltd., Contec
Medical Systems India Pvt Ltd. and othersare some of the leading players
operating in Indiapulse oximeter market.The companies are developing advanced
technologies and launching new products in order to stay competitive in the
market. Other competitive strategies include mergers & acquisitions and new
product developments.
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“Indiapulse oximeter market is expected
to grow at a formidable rate during the forecast period on account of the
emergence of the growing use of pulse oximeters for monitoring the oxygen
levels in COVID-19 patients because if the oxygen level falls below 94, it
becomes dangerous for the patients and can lead to breathing problems and
shortening of breath. Furthermore, increasing investment and expansion of major
players operating in the market in the country such as Philips, GE Healthcare,
among others is further expected to create lucrative opportunities for the
market growth until FY2026.”said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“India Pulse Oximeter Market By Type (Fingertip,
Table-Top, Wrist-Worn, Hand-Held, Earlobe, Forehead, Palm/Foot, Nose), By
Sensor Type (Reusable v/s Disposable), By Patient Type (Neonatal, Pediatric,
Adult), By End Users (Hospitals & Clinics, Diagnostic Centers, Ambulatory
Centers, Homecare, Others), By Region, Forecast & Opportunities, FY2026”,has
evaluated the future growth potential of Indiapulse oximeter marketand provides
statistics &information on market size, structure and future market growth.
The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities in Indiapulse oximeter market.
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ReplyDeleteremote patient monitoring as the name defines is the way of providing patients with medical care facilities remotely. This enables the patients to connect with the doctors and have coordinated and smooth communication from a distance. It provides various benefits to the patients such as better access to healthcare facilities, improved and enhanced productivity of the medical staff, increase in revenue of the healthcare industry, no admissions or re-admissions of the patients, increased patients' satisfaction and thrust upon the physicians which in turn increases brand reputation.
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