The global transcutaneous oximetry systems market is expected to expand at a stable CAGR of roughly 5.68% between 2022 and 2032. The increased prevalence of different ailments, including peripheral vascular disorders, is driving market growth, as is the growing use of transcutaneous oximetry for measuring and monitoring oxygen levels in a non-invasive manner.
As per comprehensive research conducted by ESOMAR-certified consulting firm FMI, the global Transcutaneous Oximetry Systems market is projected to witness robust growth during the forecast year 2022 to 2032. The report emphasizes on providing key insights into diverse features including demand, product developments, revenue generation, and sales in the Transcutaneous Oximetry Systems market.
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Advent of Telehealth and Virtual Care to Create Tailwind for the Transcutaneous Oximetry Systems Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Transcutaneous Oximetry Systems market.
Key Transcutaneous Oximetry Systems Market Takeaways and Projections
- The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2032.
- Germany Transcutaneous Oximetry Systems market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2022 to 2032.
- China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
- India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.
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Report Benefits & Key Questions Answered
- Transcutaneous Oximetry Systems Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Transcutaneous Oximetry Systems market. It also studies the impact of these dynamics on the market for the previous assessment period 2017 to 2021 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
- Transcutaneous Oximetry Systems Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Transcutaneous Oximetry Systems market. As per the survey, Transcutaneous Oximetry Systems sales will project steady growth over the forecast period.
- Transcutaneous Oximetry Systems Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Transcutaneous Oximetry Systems market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
- Transcutaneous Oximetry Systems Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.
Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Transcutaneous Oximetry Systems market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Transcutaneous Oximetry Systems market.
Some of the prominent market players are profiled by FMI are:
- Koninklijke Philips N.V.
- Radiometer America Inc.
- Perimed AG
- Medicap homecare GmbH
- SenTec AG
- Radiology Inc.
- Others
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Key Segments Profiled in the Transcutaneous Oximetry Systems Industry Survey
By Product Type:
- Vascular Diagnosis & Wound Healing Monitor
- Neonatal Monitoring Systems
- Others
By Diagnostic Application:
- Peripheral Vascular Disease Diagnosis
- Amputation Level Determination
- Revascularization Procedures Evaluation
- Hyperbaric Oxygen Therapy
By End User:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Diagnostic Centers
Region
- North America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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