A smart pulse oximeter is a non-invasive clip-like medical device, also known as probe used to measure the oxygen saturation level and heart rate in humans. It uses infrared light to measure the oxygen level and heart rate. The measurement of oxygen level and heart rate while performing surgeries and injecting the anesthesia are very important because the changes in the oxygen level in such a condition might cause life-threatening effects.
The market is driven by rise in incidences of chronic diseases, increase in geriatric population, rapid technological advancements, and efforts by many government and non-government organizations. Lack of awareness in the developing regions and the availability of high-end devices to measure the heart rate is anticipated to hamper the market growth during the period of forecast.
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