Ryder Dean22 Nov, 2022Business
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 settingsis further driving the market's growth. WHO estimated that the world population above 60 years wouldalmost double from 12% to 22% by 2050. Moreover, cardiovascular diseases are the majo cause of death globally, taking about 17.9 million lives each year. This increase in the geriatric population and cardiovascular diseases will ultimately drive the demand for smart oximeters.
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