TechNavio today launched its report, Global Pulse Oximetry Market 2011-2015, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said: ”The Healthcare industry recently witnessed a paradigm shift from hospital care to home healthcare. A wide range of portable, battery-operated and handheld pulse oximeters are currently available in the market. Patients have started buying them for home healthcare monitoring. Telemetry monitoring is another major trend in the market. Telemetry allows remote measurement and transparent conveyance of patient information. The information is sent through radio signals, wires or other means. A number of patients are adopting home healthcare devices because of the convenience offered by telemetry. Patients can measure various parameters using home healthcare devices and share the results with doctors using telemetry. This trend is expected to have a strong impact on the Global Pulse Oximetry market.”
According to the report, globally, the incidence of various diseases and disorders has been increasing continuously. Chronic obstructive pulmonary disease (COPD) is currently the fourth leading cause of death worldwide, and the World Health Organization predicts that it will rise to the third leading cause by 2030. This will lead to an increase in the use of pulse oximeter devices. Moreover, pulse oximetry is used to detect congenital heart disease in newborns. Thus, the increase in the patient population, coupled with the expanding global population and aging population, is leading to an increase in the use of pulse oximeters.
Further, the report reveals that frequent product recalls by leading vendors in the market is posing a challenge to the growth of the Global Pulse Oximetry market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-pulse-oximetry-market-2011-2015
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our Healthcare market research, please visit https://www.technavio.com/healthcare
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TechNavio Announces the Publication of its Research Report – Global Pulse Oximetry Market 2011-2015
