Pulse Oximeters Market Size Worth $3.2 Billion By 2027

The global pulse oximeters market size is expected to reach USD 3.2 billion by 2027, expanding at a CAGR of 6.4%, based on a new report by Grand View Research, Inc. Technological advancement in design and development of pulse oximeter is expected to boost market growth during the forecast period. Market players are introducing devices that are more compact, portable, ease to use, accurate, and efficient. For instance, in May 2019, Masimo received FDA clearance for its first tetherless SET pulse oximeter, Radius PPG.

Oxygen saturation monitors are conventionally used in pre and postsurgical settings. They are used during surgeries when patients are anesthetized. Increase in number of surgeries being performed and focus on patient safety are among the key factors responsible for increased use of the medical device during most procedures. These devices are purchased once and require servicing, without the need for frequent replacement. The use of oxygen saturation monitors in newborn screening can boost the demand and procurement of these devices by hospitals for maternity and pediatric care divisions.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/pulse-oximeter-market

Further key findings from the study suggest:

The sale of fingertip pulse oximeters has witnessed a significant spike since the first week of March 2020 due to COVID-19 pandemic
Handheld pulse oximeters are expected to be in high demand during the COVID-19 pandemic, as these devices are more accurate and come with probes that can be used for individual patients to limit spread of the virus
There is an upward trend in the use of oxygen saturation monitors in homecare settings due to expansion of the homecare market. Hospices and nursing care centers are procuring the medical device to provide better care to their patients
North America held the largest share in the market in 2019. Demand for oxygen saturation monitors is increasing in U.S. and Canada due to high prevalence of Congenital Heart Diseases (CHD) in infants
In Asia Pacific, the market is anticipated to witness significant growth during the forecast period. In countries such as Australia and New Zealand, oxygen saturation monitors are part of the standard patient observation procedures in hospitals and clinics. The device plays a vital role in monitoring and treatment of respiratory diseases in newborns and adults, as it provides independent information for a more comprehensive respiratory assessment
The industry is also witnessing mergers, acquisitions, and licensing agreements. For instance in April 2019, Philips Respironics moved the rights for direct sales of pulse oximeter in homecare market to Nonin Medical, an OEM manufacturer.

Hospital Linen Supply and Management Services Market Worth $9.4 Billion by 2025

The global hospital linen supply and management services market size is anticipated to reach USD 9.4 billion by 2025, according to a new report by Grand View Research, Inc., registering a 3.0% CAGR during the forecast period. Value-added services by key players, increasing outsourcing of hospital linen supplies and services, growing patient base due to rise in various diseases, and increasing geriatric population are key factors that are likely to drive market growth over the forecast period.

Rising prevalence of various diseases such as cardiovascular diseases (CVD), cancer, arthritis, obesity, and diabetes, has expanded the global patient, thereby resulting in growing demand for linen in hospitals. According to WHO, globally, CVDs are the leading cause of death and in 2015, CVD accounted for 31.0% of global deaths. As per the British Heart Foundation, there are approximately 200,000 hospital visits every year due to heart attacks. This, in turn, results in a large patient population base, which propels the growth of the hospital linen supply and management services market. Growing geriatric population prone to various diseases is also a high impact-rendering driver for market growth.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/hospital-linen-supply-and-management-services-market

Further key findings from the report suggest:

Bedsheets and pillow covers accounted for the largest share in 2016 owing to increasing number of hospitals and implementation of strict linen hygiene policies
Non-woven material is anticipated to witness the highest growth in the market due to advancements in manufacturing technologies
The hospitals segment is anticipated to dominate the market in the forecast period due to increasing number of public and private hospitals and rise in patient volume
The contractual service provider segment is expected to witness the highest growth due to increasing awareness and demand for hygiene by healthcare professionals and patients
The Asia Pacific market is expected to expand at the highest CAGR over the forecast period owing to a massive population base and improving healthcare infrastructure
Major players in the market include Unitex Textile Rental Services, Inc.; Emes Textiles Pvt. Ltd.; Angelica Corporation; E-town Laundry Company; Healthcare Services Group, Inc.; ImageFIRST Healthcare Laundry Specialists, Inc.; Tetsudo Linen Service; Celtic Linen; Swisslog Holding AG; and AmeriPride Services Inc.

Medical Imaging Market Size Worth $28.83 Billion By 2027

The global medical imaging market size is expected to reach USD 28.83 billion by 2027, according to a new report published by Grand View Research, Inc. It is projected to register a CAGR of 4.0% during the forecast period. Increasing demand for advanced diagnostic systems in developing countries and rising collaborations among market players are the factors driving the growth.

Developing countries have shown a surge in the volume of imaging procedures in the past few years. The low density of installed imaging systems in these regions is expected to provide significant growth potential during the forecast period. Favorable government policies and booming medical tourism in these countries are expected to attract global market players toward untapped markets.

Integration of multiple imaging modalities is expected to play an important role in market growth. These systems have accurate diagnostic capabilities and are available at affordable prices. The integration of imaging modalities with surgical suites is anticipated to open a new avenue for the medical/diagnostic imaging market at a global level in the forthcoming years.

Development of portable diagnostic tools is important to expand the applications of imaging devices in ambulatory care, clinics, and emergency care departments. Handheld ultrasound devices provide quick and safer images that are critical in emergency care. Ongoing trials and studies to explore the potential of MRI technology for early detection of neurological conditions are showing positive results. The development of new radiofrequency coils is anticipated to expand these applications during the forecast period.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/medical-imaging-systems-market

Further key findings from the report suggest:

Ultrasound captured the largest market share in 2019 and is expected to dominate throughout the forecast period
Computed tomography is expected to expand at the fastest CAGR during the forecast period
Rapid technological advancements, such as the development of hybrid imaging modalities and integration of Artificial Intelligence (AI) is anticipated to fuel growth of the CT segment
Hospital segment is currently dominating the medical imaging market for diagnostic imaging due to blooming healthcare service industry in developing countries
Ambulatory care centers segment is anticipated to report the fastest growth during the forecast period
North America captured the largest medical/diagnostic imaging market share in 2019

Water Flosser Market Size Worth $1.11 Billion By 2025

The global water flosser market size is expected to reach USD 1.11 billion by 2025, according to a new report by Grand View Research, Inc. The market is projected to expand at a CAGR of 4.7% from 2019 to 2025. Increasing awareness about oral care and hygiene along with rising cases of dental problems and oral health issues is expected to be the key factor driving the market.

Rapid urbanization and rising awareness about leading a healthy lifestyle are also projected to support market growth. Increased tobacco consumption in countries, such as China and India, has resulted in rising cases of dental problems, particularly tooth decay and gum diseases. Thus, rising demand for dental procedures is fueling the market growth. Rapidly expanding medical tourism sector across the globe will drive the market further.

Cordless water flosser is expected to be the largest as well as fastest-growing product segment over the forecast period. These products are feasibility and portable, which drives their demand in the market. Dental clinic application is the largest segment owing to rising incidence of oral diseases. Moreover, rising cases of diabetes, which increases the risk of periodontal diseases due to uncontrolled or improper glucose levels, will support the market expansion.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/water-flosser-market

Further key findings from the study suggest:

In terms of revenue, cordless product segment is projected to ascend at the fastest CAGR of 4.8% from 2019 to 2025
Dental clinic application led the global water flosser market in 2018 accounting for a revenue share of more than 55%
North America was the dominant regional market in 2018 and is projected to expand further at a steady CAGR over the forecast years
The industry is highly competitive in nature. Key companies include Hydro Floss; Water Pik, Inc.; ToiletTree Products, Inc.; Ginsey Home Solutions; and Oral Breeze