The oxygen saturation level is measured at the periphery, usually a finger, and is one measure of the health of the cardiovascular and respiration systems. Oxygenated hemoglobin and deoxygenated hemoglobin absorb red and infrared light separately. The percentage of saturation level of hemoglobin in arterial blood can be calculated by measuring light absorption changes caused by arterial blood flow pulsations. Multiple factors can affect the accuracy of SPO2 measurement, including skin conditions, pigment, wounds, scar tissue, tattoos, nail polish, hypothermia, anemia, medication, light interference, and movement. SpO2 adapters are the additional accessories that attach the SpO2 sensor to the patient's body. Due to them, the stable attachment of the sensor is possible, which allows the proper SpO2 measurement of a patient.
MARKET DYNAMICS
The SpO2 adapter cables market has shown a significant evolution over the forecast period. The market is propelled by the increasing prevalence of COPD, sleep apnea, cardiac arrhythmia, ischemic conditions, diabetes, hypertension, hyperlipidemia, and asthma. There have been approximately 2.7 million neonatal deaths are recorded annually, and 75.0% are from South Asia and Sub?Saharan Africa. Early detection of hypoxemic neonatal conditions using SpO2 monitors can lower neonatal deaths to no small extent. Increased penetration of SpO2 monitors is anticipated to aid the situation, especially in developing economies. Moreover, the COVID-19 pandemic has generated a lucrative opportunity for the patient monitoring systems, mainly SpO2 monitors, as the constant monitoring of respiratory parameters is vital in patients affected by coronavirus. Therefore, healthcare professionals are highly dependent on medical devices, such as pulse oximeters and multi-parameter monitors and their respective adapter cables, for diagnosis, treatment, and management of COVID-19 symptoms. Furthermore, WHO guidelines for clinical management of the disease have mentioned oxygen therapy as a significant intervention for patients with severe symptoms. However, lack of availability of the adapter cables in developing regions are anticipated to hamper the SpO2 adapter cables market growth.
MARKET SCOPE
The "SpO2 Adapter Cables Market Analysis to 2028" is a specialized and in-depth study of the medical device in the healthcare industry with a particular focus on the global market trend analysis. This report provides an outline of the SpO2 adapter cables market with detailed market segmentation by product, application, and end-user. The SpO2 adapter cables market is expected to witness high growth during the forecast period. The report focusses on the vital statistics on the market status of the leading players in the SpO2 adapter cables market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The market is segmented based on product, application, and end-user. On the basis of the product, the market is categorized as reusable adapter cables and disposable adapter cables. On the basis of application, the market is segmented as an infant, paediatric, and adults. On the basis of end-user, the market is segmented as hospitals, clinics, home care, and others.
REGIONAL FRAMEWORK
The report lays out a detailed outline of the industry, including both quantitative and qualitative information. The report gives a sketch and forecast of the SpO2 adapter cables market based on various segments. It also comprises market size and forecast estimates from the year 2020 to2028 concerning five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The SpO2 adapter cables market by each region is later subdivided into respective countries and segments. The report comprises the analysis and forecast of 18 countries globally and the recent trend and opportunities prevailing in the region.
The report analyzes factors affecting the SpO2 adapter cables market from both the demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also comprises precise PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South & Central America, after evaluating political, economic, social, and technological factors affecting the SpO2 adapter cables market in these regions.
MARKET PLAYERS
The report contains critical developments in the SpO2 adapter cables market as organic and inorganic growth strategies. Various enterprises focus on organic growth strategies like product approvals, product launches, and others, such as patents and events. Inorganic growth strategies observed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the SpO2 adapter cables market are anticipated to have profitable growth opportunities in the coming years with the rising demand for SpO2 adapter cables in the global market. Given below is the list of few companies engaged in the SpO2 adapter cables market.
The report also consists of the profiles of key players in the SpO2 adapter cables market, along with their SWOT analysis and market strategies. Additionally, the report elaborates on leading industry players with information on company profiles, components, and services provided, financial information of the last three years, critical development in the past five years.
- AMC Advantage Medical Cables, INC.
- BETA Biomed Services, Inc.
- Huntleigh Technology Limited
- Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
- Masimo
- Koninklijke Philips N.V.
- Maxtec
- Medtronic (Covidien)
- Curbell Medical Products, Inc.
- General Electric Company
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