Home / Medical Devices / Wrist-worn Pulse Oximetry Devices Market: Growth, Future Prospects & Competitive Analysis, 2018-2026

Wrist-worn Pulse Oximetry Devices Market: Growth, Future Prospects & Competitive Analysis, 2018-2026

Overview:

Wrist-worn pulse oximetry is a user-friendly non-invasive medical device used to deliver highly accurate reading associated with the studies such as oxygen saturation level, pulse rate, and heart rate. Conditions such as respiratory diseases, sleep problems, and cardiac diseases can be detected early with the help of this device. Due to the growing prevalence of chronic obstructive pulmonary disease (COPD), there is a surge in the utilization of wrist-worn pulse oximetry devices, according to the World Health Organization (WHO), around 3.17 million individual died of COPD in 2015. As per the Global Burden of Disease report, there is a global prevalence of 251 million cases of COPD in 2016. Another factor responsible for the growth of wrist-worn pulse oximetry device is the rising prevalence of Cardiovascular Disease (CVD), according to the WHO, around 17.7 million individuals died of CVD in 2015. Moreover, the rising prevalence of COPD and CVD will drive the growth of wrist-worn pulse oximetry device market during the forecast period from 2018 to 2026.

Factors driving the growth of wrist-worn pulse oximetry devices market comprise rising prevalence of heart-related diseases, respiratory disease, increasing smoking rate, and improved diagnosis of COPD and CVD. Wrist-worn pulse oximetry device plays a very important role in the early diagnosis and treatment of chronic diseases associated with CVD and COPD. This device can be easily procured with prescription or from over-the-counter (OTC) mode. Increasing occurrence of complications related to CVD and COPD are the main considerations driving the worldwide wrist-worn pulse oximetry devices market.

The global Wrist-worn Pulse Oximetry Devices Market is characterized on the subsequent bases:

  • Global Wrist-worn Pulse Oximetry Devices Market, by Product Type, 2016-2026 (US$ Mn)
    • Stand-alone Devices
    • Multi-parameter Units
  • Global Wrist-worn Pulse Oximetry Devices Market, by End User, 2016-2026 (US$ Mn)
    • Hospitals
    • Clinics
    • Home Diagnostics
    • Others
  • Global Wrist-worn Pulse Oximetry Devices Market, by Geography, 2016-2026 (US$ Mn)
    • North America
      • U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • Rest of Europe
    • Asia Pacific
      • Japan
      • China
      • Rest of APAC
    • Latin America
      • Mexico
      • Brazil
      • Rest of LATAM
    • Middle East & Africa
      • GCC
      • Rest of Middle East & Africa

Key Players Recognized for Wrist-worn Pulse Oximetry Devices Market include:

GE Healthcare, Nonin Medical, Delta Electronics and Edan, Philips, Covidien, Smiths Medical, ChoiceMMed, Acare Technology, Yuwell-Jiangsu Yuyue Medical Equipment & Supply Co., Ltd., and others

This report offers:

  • A collective overview of the industry structure and respective market trends
  • Company profiles emphasizing key information about the main players functioning in the wrist-worn pulse oximetry devices market
  • Qualitative evaluation on the basis of parameters such as challenges, market drivers, and future scenarios
  • Highlighting on every level of market category based on product approvals, and existing and predicted market dynamics
  • Market competition investigation tools such as competitive landscape, market share analysis
  • A summary on the global market for wrist-worn pulse oximetry devices
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