What will be the Growth Rate of the Pulse Oximeter Market?
The World Health Organization (WHO) estimates that approximately 17.9 million human lives were lost due to cardiovascular diseases (CVDs) in 2019. Of these deaths, nearly 85% were caused due to heart attacks and strokes. The WHO also reports that nearly 236,000 fatalities occurred due to drowning in 2019. Furthermore, the Centers for Disease Control and Prevention (CDC) states that sickle cell disease (SCD) affects around 100,000 Americans each year. The CDC also estimates that around 1 in 13 African-American babies is born with the sickle cell trait (SCT). Get More details Pulse Oximeter Market Trends and Opportunities The surging incidence of heart attacks, SCD, and drownings will help the pulse oximeter market advance at a CAGR of 8.3% during 2019–2024. According to P&S Intelligence, the market revenue is projected to rise from $1,979.0 million in 2018 to $3,177.7 million by 2024. Additionally, the rising prevalence of multisystem trauma and apneic conditions will create a huge ...