Global Cerebral and Tissue Oximetry Devices Market 2016-2020
About the Cerebral and Tissue Oximetry Devices Market
Cerebral and tissue oximeters help physicians obtain non-invasive, continuous measures of cerebral oxygenation levels in the cerebral tissues. These near-infrared spectroscopy technology-based devices consist of an oximeter probe connected to a cerebral oximeter monitor via a cable. The oximeter probe is placed on the forehead, at an area with the least amount of hair. The oximeter also consists of a light detector and a fiber-optic light source. The device calculates the oxygen levels in the brain based on the difference between the amount of light sent and received by the probe. The values obtained are displayed on the screen of the monitor and calculated as percentage.
Technavio’s analysts forecast the global cerebral and tissue oximetry devices market to grow at a CAGR of 6.92% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global cerebral and tissue oximetry devices market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of cerebral and tissue oximeters, including sensors, monitors, and software. The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Cerebral and Tissue Oximetry Devices Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Cerebral and Tissue Oximetry Devices Market: CAS Medical Systems Inc., Masimo Corp., Medtronic plc, and Nonin Medical Inc.
Other Prominent Vendors in the market are: Hamamatsu Photonics, Hutchinson Technology, HyperMed, ISS, Moor Instruments, Ornim Medical, Reflectance Medical, Spectros, and ViOptix.
Commenting on the report, an analyst from Technavio’s team said: “Vendors are implementing innovative technologies to develop advanced cerebral and tissue oximeters. Dual-parameter tissue oximeters are one of these innovative devices. These oximeters help in obtaining both pulse and regional oximetry measurements. They offer a side-by-side view of regional oximetry (rSO2), pulse oximetry (SpO2), and pulse rate values in real time for rapid decision making.”
According to the report, cerebral hypoxia is becoming prevalent worldwide. The chances of the condition increase in people undergoing cardiovascular, thoracic, and neurological surgeries. These surgeries account for 25%-80% cases of cerebral hypoxia. The condition affects the quality of life and increases hospital stays. Physicians use cerebral and tissue oximeters to monitor the oxygen levels in the brain and prevent mortality due to the condition.
Further, the report states that though cerebral oximeters available in the market employ near-infrared spectroscopy technology to monitor cerebral oxygenation levels, they have certain limitations that restrict their use in medical facilities.
CAS Medical Systems Inc., Masimo Corp., Medtronic plc, Nonin Medical Inc, Hamamatsu Photonics, Hutchinson Technology, HyperMed, ISS, Moor Instruments, Ornim Medical, Reflectance Medical, Spectros, ViOptix.
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