The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s pulse oximeters, spirometers market report forecasts the pulse oximeters, spirometers market size to grow to $5.43 Billion by 2027, with a CAGR (compound annual growth rate) of more than 2%.

Learn More On The Pulse Oximeters, Spirometers Market Report 2023 – https://www.thebusinessresearchcompany.com/report/pulse-oximeters-spirometers-global-market-report

Pulse Oximeters, Spirometers Market Size Forecast
The global pulse oximeters, spirometers market is expected to grow from $4.84 billion in 2022 to $4.95 billion in 2023 at a compound annual growth rate (CAGR) of 2.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global pulse oximeters, spirometers market size is expected to grow to $5.43 billion in 2027 at a CAGR of 2.3%.

North America held the largest pulse oximeters, spirometers market share.

Key Pulse Oximeters, Spirometers Market Driver ­– Increase In The Incidence Of Chronic Obtrusive Pulmonary Disease Globally
There will be a five-fold increased risk for COPD among the population over 65 years than the population below 40 years. Smoking and air pollution damage the lungs, which increases the risk for COPD. Indoor air pollution increases the risk of COPD by 2.65% and smoking by 90%. In 2020, globally there were 1 billion persons aged 65 years or over and it is expected to double in the forthcoming decades. Around 19% of adults smoke tobacco globally and 91% of the population reside in areas where air quality levels exceed WHO limits. Therefore, the increased prevalence of COPD among the population will increase the demand for medical equipment like pulse oximeters and spirometers for diagnosis and therapy maintenance, thus driving the market during the period.

Request for A Sample Of The Global Pulse Oximeters, Spirometers Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=3791&type=smp

Key Pulse Oximeters, Spirometers Market Trend – Developing Smart And Wireless Oximeters And Spirometers
Companies in the pulse oximeters and spirometer market are increasingly focusing on developing smart and wireless oximeters and spirometers. The use of wireless technology in monitoring devices is trending nowadays, which enhances its ease of usage and data analysis. The integration of wireless technology allows the transfer of data from the device to a smartphone or a wireless device through Bluetooth or cellular connection for data processing and then to display the results. In 2020, Masimo, an American manufacturer of noninvasive patient monitoring technologies, received the first FDA clearance for a fingertip pulse oximeter that can measure respiration rate. In addition, the device will also measure oxygen saturation, pulse rate, perfusion index, and Masimo’s Pleth Variability Index (PVi).

Pulse Oximeters, Spirometers Market Segment
1) By Product Type: Pulse Oximeters, Spirometers
2) By End Use: Hospitals, Home Care Settings, Clinical Laboratories, Industrial settings
3) By Application: Diagnostic, Treatment Monitoring

Pulse Oximeters, Spirometers Market Major Players and Strategies
Major players in the pulse oximeters, spirometers market are Smiths Medical Inc., Koninklijke Philips N.V., Vyaire Medical, Schiller AG, General Electric Company, Masimo Corporation, Medtronic PLC., Opto Circuits Limited, Fukuda Sangyo Co. Ltd., and Hill-Rom Holdings, Inc.

The Pulse Oximeters, Spirometers Global Market Report 2023 covers regional data on pulse oximeters, spirometers market size, pulse oximeters, spirometers market trends and drivers, opportunities, strategies, and pulse oximeters, spirometers market competitor analysis. The countries covered in the pulse oximeters, spirometers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Pulse oximeters, spirometers are used in the diagnosis of respiratory diseases. A pulse oximeter is a non-invasive medical device that is used to monitor the amount of oxygen carried by the body. A spirometer is an apparatus used to measure the volume of air inhaled and exhaled by the lungs and the rate of exhalation.

View More Reports Related To The Pulse Oximeters, Spirometers Market –
Blood Glucose Meters Global Market Report 2023
MHealth Apps Global Market Report 2023
Respiratory Monitoring Devices Global Market Report 2023

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: