According to Stratistics MRC, the Global Smart Pulse Oximeter market is accounted for $XX million in 2015 and is expected to reach $XX million by 2022 growing at a CAGR of XX%. Rising elderly population, increasing demand for pulse oximeter, high incidence rates of trauma conditions and increasing occurance of heart related diseases are the major factors fueling the market. Moreover, technological advancements in equipment & services and rising awareness of the convenience and cost effectiveness are other factors favoring the market growth. However, Availability of high end devices to measure the heart rate is hampering the global market.
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Hand held oximeter system accounted for the largest share during the forecast period owing to increased demand for accuracy due to complication involved in the surgical treatment. North America accounted for the largest share in the market owing to advanced healthcare facilities and also in terms of its revenue. While, Asia Pacific is estimated to register the highest CAGR during the forecast period owing to growing healthcare awareness of the public, supporting government initiatives and improving healthcare facilities.
Some of the key players are iHealth Labs Inc., Technocare Medisystems, Nonin Medical Inc, Contec Medical Systems Co., Ltd., Indiegogo, Inc., Shenzhen Creative Industry Co.,Ltd and Masimo.
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Rest of Europe
Rest of Asia Pacific
Rest of the World
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