Global Wearable Pulse Oximeters Market 2018-2022 | Increasing Prevalence of Chronic Respiratory Conditions to Boost Demand | Technavio

analysts forecast the global wearable pulse oximeters market to grow at
a CAGR of close to 6% during the forecast period, according to
their latest market research report.

The rise in technological advances is one of the major trends being
witnessed in the global
wearable pulse oximeters market 2018-2022
. Technological
advances such as store and forward memory and smart point technology
allow the development of affordable next-generation fingertip and
wrist-worn pulse oximeters.

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market snapshot before purchasing

According to Technavio analysts, one of the key factors contributing to
the growth of the global wearable pulse oximeters market is the
increasing prevalence of chronic respiratory conditions:

Global wearable pulse oximeters market:
Increasing prevalence of chronic respiratory conditions

Wearable pulse oximeters are helpful in monitoring oxygen saturation of
a patient’s blood. Chronic diseases such as severe asthma need
continuous monitoring in critically ill patients, which can be performed
by using wearable pulse oximeters. Hence, an increase in the number of
chronic respiratory conditions such as COPD and asthma aids in the
growth of the global wearable pulse oximeters market.

According to a senior analyst at Technavio for research on orthopedics
and medical devices, “The prevalence of chronic respiratory
conditions such as COPD and asthma is increasing in both developed and
developing countries, which is majorly due to the increased exposure to
indoor and outdoor air pollution. Wearable pulse oximeters help in
evaluating and assessing the severity of asthma by complementing peak
flow meter data and further save time and doctor visits.”

Global wearable pulse oximeters market:
Segmentation analysis

The global wearable pulse oximeters market research report provides
market segmentation by product (fingertip and ring pulse oximeters and
wrist-worn pulse oximeters), by end-user (hospitals and clinics, ASCs,
dialysis centers, and others), and by region (the Americas, EMEA, and
APAC). It provides an in-depth analysis of the prominent factors
influencing the market, including drivers, opportunities, trends, and
industry-specific challenges.

Of the two major products – fingertip and ring pulse oximeters and
wrist-worn pulse oximeters – the fingertip and ring pulse oximeters
segment held the largest market share in 2017, contributing to 80% of
the market. This application segment will dominate the global market
throughout the forecast period.

The Americas held the largest share of the market in 2017, accounting
for close to 45% share, followed by EMEA and APAC respectively. Although
APAC held the smallest share of the market, it is expected to witness
the maximum increase in its market share over the forecast period.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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Jesse Maida
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