Overview:
Cerebral somatic oximeter, also known as tissue oximeter and/or regional oximeter, is used for oxygenation monitoring during various surgeries such as vascular surgeries, cardiac surgeries, and others. Cerebral oximeter can significantly reduce the incidence of postoperative stroke by optimizing cerebral oxygen supply/demand during cardiac surgery and by maintaining oxygen saturation values during cardiopulmonary bypass procedures.
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Drivers:
Frequent approvals and launches of novel products is expected to boost the growth of the global cerebral somatic oximeters market. For instance, in 2018, CAS Medical Systems announced that the Food and Drug Administration (FDA) has approved FORE-SIGHT Tissue Oximetry OEM Module, an original equipment manufacturer version of its next-gen FORE-SIGHT Elite Tissue Oximeter.
Moreover, rise in prevalence of stroke is expected to augment the growth of the global cerebral somatic oximeters market. For instance, as per the World Health Organization’s (WHO’s) 2016 report, every year, more than 15 million people around world suffer a stroke. Moreover, as per the Indian Stroke Association, in 2019, there has been an increase of nearly 17.5% in stroke cases in India over the last 15 years.
Moreover, market players are adopting various strategies, such as product launch, partnership, acquisition, etc., to enhance their market presence, which in turn is expected to aid in the growth of the global cerebral somatic oximeters market. For instance, in October 2017, Hamamatsu Photonics K.K. announced the construction of a new building no. 3 at its Miyakoda Factory to increase manufacturing capacity of compound semiconductor devices. Hamamatsu opened a new manufacturing facility to cater to increasing demand for emitters and detectors in various applications that utilize infrared light.
Restraints:
High cost of cerebral somatic oximeter(s) is expected to hinder growth of the global cerebral somatic oximeters market.
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Regional Insights:
North America is expected to witness robust growth in the global cerebral somatic oximeters market, owing to the increasing demand for cerebral somatic oximeters, frequent approvals and launches of novel products, and technological advances in oximeter. For instance, in December 2018, Mespere Lifesciences announced that the U.S. FDA and Europe (CE Mark) has approved Cerebral Oximetry System, NeurOs, for use as an adjunct monitor of regional hemoglobin oxygen saturation of blood in the brain tissue beneath the sensor in adult patients.
Moreover, Europe is expected to witness substantial growth in the market due to the increasing demand for cerebral somatic oximeters and frequent approvals and launches of novel products in the region. For instance, in December 2019, Masimo and Dräger announced the expansion of their partnership, where Dräger will integrate additional Masimo measurement technologies into Dräger’s family of multi-parameter patient monitors, to help doctors assess brain function, oxygenation, and ventilation status.
Competitive landscape:
Major players active in the global cerebral somatic oximeters market are ISS, Inc., Medtronic, Mespere LifeSciences, Masimo Corporation, Nonin, Hamamatsu Photonics K.K., and Edwards Lifesciences Corporation, among others.
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The next part also sheds light on the gap between supply and consumption. Apart from the mentioned information, growth rate of Cerebral Somatic Oximeters Market in 2028 is also explained. Additionally, type wise and application wise consumption tables and figures of Cerebral Somatic Oximeters Market are also given.
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Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Cerebral Somatic Oximeters Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Cerebral Somatic Oximeters Industry Impact
Chapter 2 Global Cerebral Somatic Oximeters Competition by Types, Applications, and Top Regions and Countries
2.1 Global Cerebral Somatic Oximeters (Volume and Value) by Type
2.3 Global Cerebral Somatic Oximeters (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Cerebral Somatic Oximeters Sales, Consumption, Export, Import by Regions
Chapter 5 North America Cerebral Somatic Oximeters Market Analysis
Chapter 6 East Asia Cerebral Somatic Oximeters Market Analysis
Chapter 7 Europe Cerebral Somatic Oximeters Market Analysis
Chapter 8 South Asia Cerebral Somatic Oximeters Market Analysis
Chapter 9 Southeast Asia Cerebral Somatic Oximeters Market Analysis
Chapter 10 Middle East Cerebral Somatic Oximeters Market Analysis
Chapter 11 Africa Cerebral Somatic Oximeters Market Analysis
Chapter 12 Oceania Cerebral Somatic Oximeters Market Analysis
Chapter 13 South America Cerebral Somatic Oximeters Market Analysis
Chapter 14 Company Profiles and Key Figures in Cerebral Somatic Oximeters Business
Chapter 15 Global Cerebral Somatic Oximeters Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology….
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