Things are moving fairly quickly at the moment and once again...

  1. 267 Posts.
    lightbulb Created with Sketch. 109
    Things are moving fairly quickly at the moment and once again USCOM is at the forefront. The Professor may have something to say about progress on the new products UCM are developing in their European Division.
    Covid-19 infection is a respiratory illness and therefore there is an increased demand for respiratory devices including pulse oximeters and spirometers. Oxygen therapy is a major intervention for patients with severe Covid-19 infection, and healthcare providers need to ensure the availability of pulse oximeters and other medical oxygen systems. The market for these devices is expected to surge as they contribute to the early detection and remote monitoring of patients. Rob Phillips has had a particular interest in this field for some time.

    USCOM already have a number of Euro grants in this space and it is known they have been working recently with the world’s largest technology company. There has been talk they are close to release of a new game changing product into this market.

    For those who want to read more - quite a number of articles have been published in the last few days:
    LONDON, GREATER LONDON, UK, April 24, 2020 /EINPresswire.com/ -- The global pulse oximeters and spirometers market is expected to grow from $2.6 billion in 2019 to about $6.5 billion in 2020 due to an increase in demand for such respiratory function monitoring equipment for COVID-19 patients.
    The market is expected to stabilize and reach $3.9 billion at a CAGR of 10.7% through 2023. Increased prevalence of COPD among the population will increase the demand for medical equipment like pulse oximeters and spirometers for diagnosis and therapy maintenance. However, lack of awareness among the global population about the respiratory signs and symptoms has hindered the growth of the market in the historic period.
    The pulse oximeters and spirometers market include the sales of handheld, tabletop, or fingertip pulse oximeters that are used to monitor the oxygen saturation levels of blood and pulse rate, and handheld, desktop, or tabletop spirometers that are used to measure the air capacity of lungs.

    The pulse oximeters and spirometer companies are primarily engaged in the manufacturing and development of these devices used to monitor the respiration-related parameters that aid in the detection of respiratory disorders.

    https://www.einnews.com/pr_news/515385592/global-pulse-oximeters-and-spirometers-market-trends-and-strategies-2030
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.9¢
Change
0.000(0.00%)
Mkt cap ! $4.759M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 500000 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.9¢ 46000 1
View Market Depth
Last trade - 16.21pm 27/06/2025 (20 minute delay) ?
UCM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.