A pulse oximeter is a device that measures blood oxygen saturation. With the increase in health consciousness, the demand for personal health monitoring devices is gradually increasing. According to market research agencies, the global pulse oximeter market size is expected to reach 5 billion US dollars by 2023, and the future market demand is enormous.
TeleRPM Pulse Oximeter(BLE) 2022 is an important and common device to check oxygen saturation level (SpO2) and pulse rate. It's a small, compact, simple, reliable and durable physiological monitoring device. Include the mainboard, display and dry batteries.
Aging Population Trend Promotes Market Demand Growth
With the aging population trend intensifying, the incidence of chronic diseases such as hypertension, diabetes, and lung diseases is continuously increasing, and the demand for pulse oximeters will also increase accordingly. Pulse oximeters can quickly detect blood oxygen saturation, which can help people with respiratory system diseases monitor their health status in a timely manner and take measures to reduce the risk of diseases. At the same time, for the elderly, pulse oximeters can also help them better understand their physical condition, timely detect abnormal conditions, and prevent accidents.
Development of Sports and Fitness Industry Promotes Market Demand Increase
In recent years, with the continuous development of the fitness industry, more and more people have begun to pay attention to health and exercise. Oxygen supply to the human body is very important during exercise, and pulse oximeters can detect blood oxygen saturation in real time to adjust the intensity and duration of exercise and improve exercise effectiveness. Therefore, with the continuous development of the sports and fitness industry, the market demand for pulse oximeters will gradually increase.
Continuous Application of New Technologies Promotes Market Demand Growth
With the continuous progress of technology, bluetooth pulse oximeter is also constantly updating. The new generation of pulse oximeters can achieve more accurate blood oxygen detection and have more functions, such as recording exercise trajectories and sleep quality. With the continuous application of new technologies, the market demand for pulse oximeters will also gradually increase. People's demand for more intelligent, convenient, and accurate pulse oximeter products will continue to increase.
Impact of the Epidemic on the Pulse Oximeter Market
Since the outbreak of the new coronavirus in 2020, the epidemic has spread globally, which has had a profound impact on people's health and lifestyles. With the spread of the virus, more and more people have begun to pay attention to their physical condition, including monitoring their blood oxygen levels. Therefore, the epidemic has had a significant impact on the pulse oximeter market.
A pulse oximeter is a device used to measure the oxygen content in blood, usually clipped to the finger, and detects oxygen saturation in the blood through an infrared probe. During the epidemic, pulse oximeters have become an important tool because some patients with coronavirus symptoms include difficulty breathing and hypoxemia, which requires monitoring of their blood oxygen levels at all times.
With the continuous intensification of the epidemic, people have become more and more concerned about their health status, and the pulse oximeter market has also been greatly affected. According to data from market research companies, the global pulse oximeter market size reached 3 billion US dollars in 2020, a year-on-year increase of 20%.
This market growth is mainly attributed to people's increased attention to health and diseases during the epidemic, especially the awareness of monitoring blood oxygen levels. As a result, the demand for pulse oximeters has surged, leading to a significant increase in the market size.
Founded in 2002, Transtek is committed to multiple health fields such as remote health and chronic disease management, providing customers with medical-grade "RPM devices" and "cloud services". Transtek has established a co-branded solution named TeleRPM since 2022, it stands for Quality & Value which is the best of Transtek. TeleRPM is an integrated solution which includes cellular blood pressure monitor, cellular weight scale, cellular blood glucose meter and all-round BLE package with AnyHub solution.
