How is Growing Awareness Regarding Surgical Care Driving U.S. Pulse and Regional Oximeters Market?
The awareness regarding surgical care programs is increasing all over the globe. Attributed to this, the demand for pulse and regional oximeters is growing worldwide, including the U.S. The World Health Organization (WHO), has included these medical devices in a number of projects to increase awareness regarding their utilization.
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The device sends two light wavelengths through the finger for measuring pulse rate and the amount of oxygen that is in the system. Regional oximeters aid physicians in monitoring cerebral oxygenation in cases where pulse oximeters are not fully indicative of amount of oxygen that is reaching the brain. As per a report by P&S Intelligence, the U.S. pulse and regional oximeters market is expected to attain a value of $1,101.4 million by 2024, increasing from $687.3 million in 2018, and is predicted to register an 8.2% CAGR during the forecast period (2019–2024).Make
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Disposable and
reusable are the two types of sensors that are used in pulse and regional
oximeters. Between these, the demand for reusable sensors is projected to be
higher in the years to come, since unlike disposable sensors, reusable sensors
are developed for continuous, short-term and quick spot-checks of oxygen levels
in patients. These sensors, further provide stable gripping while monitoring
oxygen levels. Pulse and regional oximeters are utilized for adult, pediatric,
and neonate patients. Out of all these, these medical devices are utilized the
most for adult people, which is because of the growing geriatric population in
the U.S.
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