Global Magnetic Resonance Imaging (MRI) Pulse Oximeters Market to Observe Prominent Growth of 706.60 Million By 2029

PRESS RELEASE
Published November 8, 2023

Data Bridge Market Research recently conducted a comprehensive market intelligence study, conducting a thorough analysis of the Magnetic Resonance Imaging (MRI) Pulse Oximeters Market. The newly released report features an engaging layout that effectively presents crucial data using visually compelling tables, graphs, charts, and figures.

For attaining superior market insights and identifying the best market opportunities within specific markets, this Magnetic Resonance Imaging (MRI) Pulse Oximeters market research report serves as an indispensable tool. It encompasses reviews of key market players, major collaborations, mergers, acquisitions, trending innovations, and business policies. The report contains market data providing a detailed analysis of the Magnetic Resonance Imaging (MRI) Pulse Oximeters industry and its impact across various applications and geographical regions, offering a systematic analysis of growth trends and future prospects. The comprehensive Magnetic Resonance Imaging (MRI) Pulse Oximeters report is structured into four major areas, covering market definition, segmentation, competitive analysis, and research methodology.

A top-notch market research report serves as an innovative solution for businesses in today’s evolving marketplace. This Magnetic Resonance Imaging (MRI) Pulse Oximeters report delivers pertinent information about your niche, saving significant time in the decision-making process. It provides a thorough overview of the study, analysis, and market estimations and their impact on the industry. The report is meticulously crafted, catering to businesses of all sizes, with a deep understanding of the business environment that best suits the client’s requirements.

Data Bridge Market Research analyses that the magnetic resonance imaging (MRI) pulse oximeters market which was USD 557.8 million in 2021, would rocket up to USD 706.60 million by 2029, and is expected to undergo a CAGR of 3.0% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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In the Neonatal Intensive Care Unit (NICU) units, MRI pulse oximeters are also utilised to monitor the infants and give them a safe and secure environment. New sensor developments like fibre optic Spo2 sensors give the MRI pulse oximeter market built-in safety features. Due to their non-invasive nature and suitability for newborn infants, these gadgets are becoming more popular.

Key Growth Drivers:

  • Increase in chronic disease cases

The development of MRI equipment is anticipated to accelerate market expansion. Other factors that are expected to contribute to the market growth during the forecast period of 2022 to 2029 include increasing healthcare investment, an increase in chronic disease cases, a rise in the demand for sophisticated SpO2 measuring techniques, an increase in R&D spending by various manufacturers, and an increase in mergers and acquisitions.

  • Technological developments

Technological developments are matching the growing demand for MRI pulse oximeters in medical equipment. To apply MRI pulse oximeters in diverse settings, the researchers have carried out extensive study. Additionally, in 2017 Rad-97 Pulse-CO Oximeter and SedLine Brain Function Monitoring were introduced in India. The market for MRI pulse oximeters is expected to benefit from these devices’ expected growth.

The report outlines the involvement of key players, including:

Koninklijke Philips N.V. (Netherlands), EMCO Meditek Pvt. Ltd. (India), IRadimed Corporation (U.S.), MIPM – Mammendorfer Institut für Physik und Medizin GmbH (Germany), Hamilton Medical (Switzerland), General Electric (U.S.), Turner Medical. (U.S.), Welch Allyn (U.S.), Bio – X (Israel), Nihon Kohden Corporation (Japan), Spacelabs Healthcare (U.S.), CareFusion Corp (U.S.), Medtronic (Ireland), Masimo (U.S.), Nonin Medical (U.S.)

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Key Market Segmentation

Type (Wired MRI Pulse oximeters, Wireless MRI Pulse oximeters), Modality (Sensor with monitor, Sensor without monitor), End- User (Hospitals, Diagnostic Laboratories, Ambulatory Surgical Centers), Product (Fingertip Pulse Oximeters, Hand- Held Pulse Oximeters, Others)

The Magnetic Resonance Imaging (MRI) Pulse Oximeters market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

  1. North America: United States, Canada, and Mexico.
  2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
  3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
  4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
  5. South America: Brazil, Argentina, and other countries in South America.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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