The global cerebral somatic oximeters market is estimated to be valued at US$ 195.2 million in 2023 and is expected to exhibit a CAGR of 7.9% during the forecast period (2023-2030).
Figure 1. Global Cerebral Somatic Oximeters Market Share (%), By Application, 2023
Figure 2. Global Cerebral Somatic Oximeters Market Value (US$ Million), By Region, 2023
Global Cerebral Somatic Oximeters Market- Regional Analysis
Among regions, North America is estimated to hold a dominant position in the global cerebral somatic oximeters market over the forecast period. North America holds 39.7% of the market share due to the increasing prevalence of cardiac diseases in the region. For instance, in January 2022, according to American Heart Association, Inc., a nonprofit organization in the U.S., stated that cardiovascular disease (CVD), listed as the underlying cause of death, accounted for 874,613 deaths in the U.S. in 2020.
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