Blood Oxygen Sensor Market size was valued at USD 2.3 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 6.4% from 2021 to 2028.
Blood Oxygen Sensor Market the amount of oxygen carried by haemoglobin in the blood (oxygen saturation). Oxygen enters the lungs, then the blood, where it is delivered to various organs in the body via haemoglobin. The percentage of accessible haemoglobin that carries oxygen is referred to as oxygen saturation.
The increased prevalence of disorders such as chronic obstructive pulmonary disease (COPD), sleep apnea, cardiac arrhythmia, and ischemic conditions is driving growth in the global blood oxygen sensor market. Furthermore, several technological advances to ensure better efficiency and accuracy of these devices, as well as making them more user-friendly, are projected to fuel market expansion in the future. Handheld pulse oximeters dominated the market in terms of revenue and volume in 2015, owing to an increase in the number of surgeries and a focus on patient safety while under anaesthesia. In addition, handheld devices are preferred for long-term monitoring in hospitals and emergency rooms.
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Top Key Players
Cypress Semiconductor
Tekscan
Renesas Electronics
Fairchild Semiconductor
Philips
Ge Healthcare
Siemens
On Semiconductor
By Types
Disposable
Other
By Applications
Hospital
Clinic
Household
Other
Global Blood Oxygen Sensor Market: By Countries
United States, Canada, Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden, Poland, Belgium, China, Japan, South Korea, Australia, India, Taiwan, Indonesia, Thailand, Philippines, Malaysia, Brazil, Mexico, Argentina, Columbia, Chile, Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of the World.
This Market report provides experts analysis, strategies, insights, scope and upcoming trends with different type and applications. This market report also provides tables and figures for good understanding of data. Different data like industry segment, channel segment and many more segment data covered in this report. The aim of this report is to give advice and awareness to businesses interested in this Market.
The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the oxygen sensor market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period.
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