SMART PULSE OXIMETERS Market SWOT Analysis, and Forecast 2030

Amru09 Mar, 2023News

The booming geriatric population and rise in prevalence of cardiovascular and respiratory diseases drive the growth of the smart pulse oximeters market. The growing awareness of chronic diseases and the rise in demand for smart medical devices for home care settings is further driving the market's growth. WHO estimated that the world population above 60 years would almost double from 12% to 22% by 2050. Moreover, cardiovascular diseases are the major cause of death globally, taking about 17.9 million lives each year.