Malaysia Pulse Oximeters Market to grow at a Significant Rate through 2026
Easy availability of pulse
oximeters and surge in patient population is expected to drive the demand for Malaysia
pulse oximeters market in forecast period.
According to TechSci Research report, “Malaysia
Pulse Oximeters Market By Type (Fingertip v/s Handheld) By Sensor Type
(Reusable v/s Disposable) By Patient Type (Neonatal, Pediatric, Adult) By End
User (Hospitals & Clinics, Homecare, Ambulatory Care Centers, Others) By
Company, By Region, Forecast & Opportunities, 2026”, The Malaysia pulse
oximeters market is expected to witness steady growth for the next five years. Occurrence
of target diseases such as sleep apnea, diabetes, asthma, hypertension, cardiac
arrhythmia, and COPD are expected to be the major driver for the predicted
period. Pulse oximeter aids in remote monitoring of the patient and early
detection of low oxygen level in the human body to ensure the treatment given
at the right time to the patients. Surge in prevalence of chronic obstructive
pulmonary disease due to presence of old age population is expected to bolster
the growth of the pulse oximeter market. Rising air pollution levels due to
increase in presence of vehicle on-road and emission of greenhouse gases from
industries and commercial spaces is affecting the respiratory system adversely.
Change in lifestyle and increasing prevalence of smokers present in Malaysia is
fueling the pulse oximeter market growth for the next five years.
The COVID-19 outbreak across the world which has been
declared as pandemic by World Health Organization have affected the countries
adversely. Leading authorities in Malaysia imposed lockdown restrictions and
released a set of precautionary measures to contain the spread of novel
coronavirus. Coronavirus affected patients started suffering from shortness of
breath along with coughing and sneezing which created lucrative opportunities
for the growth of the respiratory care devices market. Malaysia authorities
increased the capacity of hospitals as a greater number of patients were
getting affected daily and getting admitted into the hospital facilities. Rise
in demand for pulse oximeters and spirometers to ensure the proper treatment of
covid affected patients is accelerating the demand for pulse oximeters market.
However, lack of awareness regarding the symptoms of
respiratory disorders may hamper the growth of the pulse oximeter market for
the forecast period.
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Malaysia
pulse oximeters market is segmented into type, patient type, sensor type, end
user, regional distribution, and company. Based on type, market is further
bifurcated into fingertip and handheld. The fingertip segment is expected to
witness fastest incremental growth for the forecast period, 2022-2026.
Fingertip pulse oximeter is basically an oximeter device which is clipped to
the ned of fingers and is measures the oxygen level in the human body by
measuring the wavelength. Cost-effectives and high accuracy are the driving
factors for the fingertip pulse oximeters market growth. Technological
advancements in the fingertip pulse oximeter are enabling oximeters to measure
the oxygen saturation percentage, perfusion rate and respiration rate which is
expected to accelerate the demand for pulse oximeters in Malaysia. Based on patient
type, market is fragmented into neonatal, paediatric, and adult. The adult
segment is expected to hold significant share for the forecast period due to
rising awareness about the benefits of early diagnosis and good health
condition of the body. Presence of disposable income and adoption of unhealth
lifestyle which includes consumption of tobacco and smoke along with rise in
air pollutions levels is expected to bolster the growth of the pulse oximeter
market for the next five years.
Kinsmedic
Sdn. Bhd. (Beurer), Medisana Malaysia Sdn. Bhd., GE Healthcare Sdn Bhd, Omron
Healthcare Malaysia, Masimo Malaysia, Yuwell Malaysia, Shanghai Berry
Electronic Tech Co.,Ltd (Malaysia), Creative Medical Malaysia, Rossmax Malaysia
are the leading players operating in Malaysia pulse oximeters market. Manufacturers
are increasingly focusing on research and development process to fuel higher
growth in the market. To meet evolving customer demand with respect to better
efficiency and durability, several pulse oximeters manufacturers are coming up
with their technologically advanced offerings.
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“High-end
investments by the major market players for research and development activities
to enhance the existing pulse oximeter technology by focusing on developing
wireless and smart pulse oximeters. Use of wireless technology is expected to
increase the ease and performance of the pulse oximeter device and enhance the
data analysis procedure. Bluetooth technology is used to transfer the data from
the smart device to wireless device for data processing and making the analysis
procedure easier is contributing significantly to the growth of the pulse
oximeter market until 2026” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based global management consulting firm.
“Malaysia Pulse Oximeters
Market By Type (Fingertip v/s Handheld) By Sensor Type (Reusable v/s
Disposable) By Patient Type (Neonatal, Pediatric, Adult) By End User (Hospitals
& Clinics, Homecare, Ambulatory Care Centers, Others) By Company, By
Region, Forecast & Opportunities, 2026” has
evaluated the future growth potential of Malaysia pulse oximeters market and
provided statistics & information on market size, shares, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the of Malaysia pulse
oximeters market.
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