According to the new report titled "Disposable SpO2 Sensor Market by Product Type (Table-Top/Bedside, Fingertip, Hand-Held, Wrist-Worn, Pediatric) and End User (Hospitals, Clinics & Ambulatory Surgery Centers, Home Healthcare) - Global Analysis to 2023", the valuation of the disposable SpO2 sensor market is projected to grow at a healthy CAGR in the forecast period from 2018 to 2023.
Increase in geriatric population, increasing demand for portable monitoring devices, and technological advancement have driven growth in the disposable SpO2 sensor market. Further, increasing usage in home stetting is supplementing the market growth.
Hand-held dominated the disposable SpO2 sensor market
Hand-held accounted for the highest share in the disposable SpO2 sensor market in 2017. The ease of use and light for carrying advantages have raised the demand for hand-held in disposable SpO2 sensor market
North America led the disposable SpO2 sensor market in 2017
North American dominated the disposable SpO2 sensor market in 2017. The rising health concerns, high awareness among patients, and adoption of disposable SpO2 sensor in the region have driven growth of the market in North America region.
Key market players operating in the market that are profiled in the report are Contec Medical Systems Co., Ltd (China), General Electric Company (U.S.), Halma plc (UK), Koninklijke Philips N.V. (Netherlands), Masimo Corporation (U.S.), Medtronic plc (Ireland), Nihon Kohden Corporation (Japan), Nonin Medical, Inc.(U.S.), Omron Corporation (Japan), and Smiths Group plc.(UK).
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