South America Pulse Oximeters Market 2023 - 2028: Market Trends

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The South America Pulse Oximeters Market is projected to grow at a CAGR of around 6% during the forecast period, i.e., 2023-28.                                   

South America Pulse Oximeters Market Dynamics:

Key Driver

·       Rising Prevalence of Respiratory Diseases among Children

The need for such medical devices has been continuously increasing in South America over the past few years, mainly due to the rising prevalence of respiratory diseases among children. The most observable respiratory disease identified among children is the RSV (Respiratory Syncytial Virus) in Sao Paulo, Brazil, which leads to respiratory stress and instigates the need for pulse oximeters in hospitals to track the patients’ conditions.

The adults, who have encountered respiratory syncytial viruses, only experience mild illness, while most of the children require medical attention in this case. Therefore, with the rising number of children suffering from the disease who require hospitalization, the requirement to continuously monitor their oxygen level also arises, which accelerates market in the region. Moreover, the rising Acute Respiratory infections (ARI), which occur due to lifestyle conditions among children, have been enhancing the demand for pulse oximeters for early diagnosis and to detect the need for medical assistance among children.

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Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

 

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South America Pulse Oximeters Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2022

-Historical Period: 2018 to 2021

-Forecast Period: 2023-28

  •  By Type
    • Portable Pulse Oximeter
      • Fingertip
      • Handheld
      • Wearable
    • Tabletop Pulse Oximeter
  • By End Users
    • Hospitals
    • Homecare
    • Ambulatory Surgical Centres
  • By Country
    • Brazil
    • Argentina
    • Chile
    • Colombia
    • Rest of South America

 

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   Invacare Corporation, CONTEC Medical Systems Co. Ltd., Nihon Kohden Corporation, Dragerwerk AG & Co. KGaA, Halma PLC, Smiths Medical Group Limited, Masimo, Koninklijke Philips Nv, Medtronic, Beurer GmbH, Others

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