Tissue Oximetry Devices Market Scope
Oximetry systems measure and provide accurate, constant measurements of tissue oxygen saturation for real-time management of patients at risk for compromised oxygen diffusion to the brain and other tissues. Tissue oximetry instruments use the technology of continuous, non-invasive near-infrared spectroscopy (NIRS) or near-infrared spectroscopy to check oxygenation values. When sensors are positioned at particular distances from a light source, computer algorithms can measure an index of tissue oxygenation by subtracting superficial light absorption from deep absorption. Despite the fact that this monitoring technique is becoming more common, data on its outcome benefits is still scarce and contradictory. The global tissue oximeters market is expected to expand due to factors such as an ageing population, an increase in the prevalence and incidence of neurological disorders, and a gradual increase in understanding of neurodegenerative diseases. Furthermore, the demand is growing due to a rise in the incidence of traumatic brain injuries and manufacturers' continued efforts to introduce technical advances to the equipment. Since there is a large untreated population of people with neurological disorders, as well as a rise in demand for minimally invasive and non-invasive devices, demand for these devices will increase.
The Tissue Oximetry Devices market study is segmented by Type (Modular Devices and Handheld Devices), by Application (Deep Hypothermic Circulatory Arrest, Coronary Artery Bypass Surgery, Carotid Endarterectomy and Cardiac Surgery) and major geographies with country level break-up.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Tissue Oximetry Devices market throughout the predicted period.
Medtronic plc (Ireland), Headway Technologies (United States), Nonin Medical, Inc. (United States), Masimo (United States), HyperMed Imaging (United States), Edward Lifesciences (United States), Sotera Wireless, Inc. (United States), Boston Scientific Corporation (United States), ISS AG (Switzerland) and Natus Medical Incorporated (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Moor Instruments Ltd (United Kingdom).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Tissue Oximetry Devices market by Type, Application and Region.
On the basis of geography, the market of Tissue Oximetry Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Technological Advancements In Tissue Oximetry Devices
Market Drivers
- Increasing Prevalence and Incidence of Neurological Disorders
- Rising Awareness about Neurodegenerative Diseases
- Rising Use of Tissue Oximetry Devices In Cardiac Surgery
Opportunities
- Increased Spending on R&D on Healthcare Devices
Restraints
- High Cost of Equipment
- Concerns about the Accuracy of the Diagnostic Devices
Key Target Audience
Manufacturers of Tissue Oximetry Devices, Suppliers of Tissue Oximetry Devices, Wholesalers, Distributors and Retailers Tissue Oximetry Devices, Healthcare Industry, Regulatory Bodies and Others