Global Oxymeter Market Is Expected to Reach USD 3.68 Billion by 2028 : Fior Markets Oxymeter Market by Type (Handheld, Fingertip, Others), End-Use (Homecare, Hospitals & Other Healthcare Facilities), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2021 to 2028 May 06, 2021 03:52 ET | Source: Fior Markets Fior Markets Pune, INDIA Newark, NJ, May 06, 2021 (GLOBE NEWSWIRE) -- As per the report published by Fior Markets, the global oxymeter market is expected to grow from USD 2.16 billion in 2020 to USD 3.68 billion by 2028, at a CAGR of 6.9% during the forecast period 2021-2028. Over the projected era, new product development and high unmet needs in emerging and least-developed nations are anticipated to drive demand growth. Pulse oximetry is now used for newborn screening in almost all states of the USA, and it is attracting recognition in other countries because of its uses in the diagnosis of Congenital Heart Defects (CHD) and other respiratory & heart disorders. The increasing prevalence of target diseases such as hyperlipidemia, asthma, hypertension, ischemic conditions, diabetes, cardiac arrhythmia, COPD, and sleep apnea are anticipated to be key market drivers during the forecast period. As per the World Health Organization, approximately 64 million people worldwide suffer from COPD, with about 90% of COPD-related deaths occurring in low- and middle-income nations. Some other types of oxymeters other than the conventional handheld and fingertip ones include desktop oxymeters, wrist-worn oxymeters, mobile phone pulse oxymeters, and bedside oxymeters. Mobile phone pulse oxymeters have a sensor that is integrated with the smartphone app which analyzes data and shows relevant statistics.