Pulse Oximeter

Covid has been a challenging problem for the entire Medical fraternity and Healthcare system. Many individuals suffered catastrophic personal losses of loved ones, careers, and possibilities due to covid throughout 2020. But few instruments such as Ventilators, Oximeter, generic medicines, and Vitamin tablets have been effective resources in regulating covid to a great extent. Out of all oximeter and ventilator have played a major role in keeping the count low and doctors have used oximeter in the early detection of Covid, Oximeter has really been a game-changer during the tough time. Before covid, hardly many people knew about oximeter but during the pandemic time, it became a household thing. Many times in many medical stores there was a shortage of oximeters, it was there in all hospitals, railway stations, airports, healthcare centres, and even people bought it to keep it in the house. During COVID, the purchase of at-home pulse oximeters has spiked over 500 percent. It is primarily used to monitor the saturation level of oxygen in the blood. It is very easy to use and gives a real-time oxygen level. One of the best things about this medical device is that the use of this device is painless and does not provide any discomfort or harm.

What is Pulse oximeter and how to use

A pulse oximeter is a medical device that provides the pulse rate and blood oxygen levels on the screen of the device within few seconds of inserting a finger in the cavity wing of the Medical Device. It works very fast and provides the immediate result of the patient. Simple to use, lightweight, and a painless machine are the best things about this device. You can carry this device anywhere so if you are traveling and you have patient with you then no need to worry this device is going to support you all through the journey.

As there is a cavity on one side of the oximeter, it is very easy to use. You just need to insert your finger into the device, and after a few seconds, the screen will display the heart rate and blood oxygen level automatically, which is the beauty of this medical device. Nowadays, when you insert your finger it gets on, much of the oximeter is in the automatic type.

Top Manufacturers of Oximeter and Market size

The global pulse oximeter market size is USD 2 billion in 2020 and is projected to grow at an annual growth rate (CAGR) of 7.8 % from 2020 to 2026, as patients can easily use fingertip pulse oximeters and do not need a qualified professional to operate the unit. In 2015, the bedside pulse oximeter segment accounted for over three-fifths of the worldwide market share.

In the coming years, the demand for consistent monitoring of vital stats is expected to rise at a rapid rate. The table-top/bedside pulse oximeter segment is expected to dominate the global pulse oximeter market until 2022, Due to the rise in the global incidence of respiratory disorders, such as COPD. The benefits such as ease of use and rise in home healthcare facilities, the fingertip pulse oximeters segment is expected to be the fastest growing segment worldwide. Growing awareness in patients and an increase in target disease will increase the sales over the forecast period. Earlier it was famous in developed countries only but now it is gaining popularity in developing countries also as it can detect heart defects and respiratory issues.

Key Companies

The industry consists of multinational manufacturers as well as regional suppliers. Manufacturers of China and Japan provide the same kind of device at much cheaper rates. Most of the developing countries buy oximeter from China and Japan. These devices are not strictly regulated so easily available in Supermarkets, e-commerce sites, and drug stores. Some of the famous players include:

• Medtronic (Covidien)
• Carefusion Corp.
• GE Healthcare
• Philips Healthcare
• Masimo
• CAS Medical Systems, Inc.
• Smiths Medical

Conclusions

To monitor the respiratory status of patients in the ICU, pulse oximetry is universally used. Recent developments in signal analysis and reflectance technology have enhanced pulse oximeter efficiency under low perfusion and motion artifact conditions. In detecting dyshemoglobinemia, multiwavelength oximeters can prove to be useful. Monitoring with pulse oximetry continues to be a critical component of standard of care of critically ill patients despite the paucity of data that such devices improve outcome.

During the pandemic situation, people have seen the results of Oximeter and now everyone keeps it as part of the safety medical device and it is especially recommended for the joint family where senior citizens often stay with the whole family. It helps to identify respiratory symptoms early on and gives time to respond accordingly. Every company is working in the field of Risk Management at present why not to practice Risk management at home and secure your family through it.

Bibliography:

• Pulse Oximeter Market size, share report, 2020-2. Retrieved from: https://www.grandviewresearch.com/industry-analysis/pulse-oximeter-market
• Pulse oximetry. Retrieved from: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4504215/
• Pulse Oximeter Market is Expected to Reach to $1,901 million, Globally, by 2022. Retrieved from: https://www.alliedmarketresearch.com/press-release/pulse-oximeter-market.html