Technology
Optical Transceiver Market is expected to generate a revenue of USD 31.83 Billion by 2031, Globally, at 14.79% CAGR: Verified Market Research®
Published
4 months agoon
By
Verified Market Research® is proud to announce the release of its latest market research report, ” Optical Transceiver Market Size and Forecast,” a comprehensive study tailored to provide industry leaders with actionable insights and strategic guidance. This report offers crucial insights into the rapidly evolving landscape of optical transceivers, a vital technology for the expansion of high-speed data transmission in telecommunication, data centers, and enterprise networks.
LEWES, Del., Sept. 24, 2024 /PRNewswire/ — The Global Optical Transceiver Market Size is projected to grow at a CAGR of 14.79% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 10.56 Billion in 2023 and is expected to reach USD 31.83 Billion by the end of the forecast period.
As the demand for faster and more reliable data transmission surges, optical transceivers have become indispensable in sectors ranging from telecommunications to data centers and cloud services. This report is designed to equip C-level executives, product managers, and decision-makers with the data and analysis needed to drive strategic initiatives, investments, and innovations in this critical market.
Key Insights of the Report Include:
Market Growth Projections: Detailed analysis of the market’s growth trajectory, projected to expand significantly due to the increasing demand for higher bandwidth, cloud computing, and 5G networks.Competitive Landscape: A thorough examination of the competitive environment, featuring key players such as II-VI Incorporated, Accelink Technologies, Lumentum Operations LLC, Sumitomo Electric Industries Ltd., Fujitsu Optical Components Limited, Broadcom Inc, with insights into their strategies, product innovations, and market positioning.Technological Advancements: Analysis of the latest technological innovations, including 400G and 800G transceivers, along with the role of optical transceivers in enabling future-ready networks.Regional Insights: Comprehensive breakdown of market opportunities across North America, Europe, Asia-Pacific, and other key regions, identifying growth hotspots for industry leaders to capitalize on.
Why This Report Matters for Industry leaders:
Actionable Data: Provides precise market forecasts, key trends, and potential challenges that will impact the global optical transceiver market in the coming years.Competitive Edge: Stay ahead of the competition with exclusive insights into R&D activities, mergers and acquisitions, and emerging market disruptors.Customizable Solutions: Our report offers tailored analysis to meet the specific needs of businesses in various sectors, ensuring strategic alignment with market opportunities.
Stay ahead of the curve in the ever-evolving Optical Transceiver Market. For more information or to request a sample copy of the report, please visit: https://www.verifiedmarketresearch.com/download-sample?rid=6698
Browse in-depth TOC on “Global Optical Transceiver Market Size“
202 – Pages
126 – Tables
37 – Figures
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2018-2031
GROWTH RATE
CAGR of ~14.79% from 2024 to 2031
BASE YEAR FOR VALUATION
2023
HISTORICAL PERIOD
2018-2023
FORECAST PERIOD
2024-2031
QUANTITATIVE UNITS
Value in USD Billion
REPORT COVERAGE
Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis
SEGMENTS COVERED
Data RateForm FactorFiber TypeDistanceWavelengthConnectorProtocolApplication
REGIONS COVERED
North AmericaEuropeAsia PacificLatin AmericaMiddle East & Africa
KEY PLAYERS
II-VI Incorporated, Accelink Technologies, Lumentum Operations LLC, Sumitomo Electric Industries Ltd., Fujitsu Optical Components Limited, Broadcom Inc.
CUSTOMIZATION
Report customization along with purchase available upon request
Global Optical Transceiver Market Overview
Rising Demand for High-Speed Internet and 5G Networks: The swift implementation of 5G networks and the rising demand for high-speed internet have stimulated expansion in the Optical Transceiver Market. These transceivers are crucial for facilitating rapid data transmission and minimizing latency in communication. With telecommunications companies enhancing their infrastructure, the need for optical transceivers is anticipated to increase significantly, presenting substantial opportunity for industry participants to gain market share and enhance profitability.
Expansion of Data Centers and Cloud Computing: The Optical Transceiver Market is experiencing substantial growth due to the rapid rise of cloud computing and the proliferation of data centers globally. Data centers necessitate high-capacity optical transceivers to efficiently handle substantial data loads. The increase in demand establishes a profitable landscape for manufacturers and suppliers, enabling them to deliver innovative goods that address the changing requirements of enterprises and service providers.
Advancements in Transceiver Technology: Technological advances, including 400G and 800G transceivers, are pivotal catalysts for the Optical Transceiver Market. These technologies facilitate expedited and more efficient data transmission, corresponding with the increasing need for bandwidth-intensive applications. As businesses endeavor to secure their networks for the future, firms providing sophisticated transceiver solutions are poised to achieve a competitive advantage, facilitating ongoing market growth and enhanced income streams.
To Purchase a Comprehensive Report Analysis: https://www.verifiedmarketresearch.com/select-licence?rid=6698
High Initial Investment and Maintenance Costs: The Optical Transceiver Market encounters obstacles stemming from substantial initial investments and continuous maintenance expenses associated with optical networks. This may dissuade small and medium-sized firms from embracing these technologies, thereby hindering market adoption. Companies must prioritize the provision of cost-efficient solutions or adaptable pricing strategies to mitigate this constraint and realize market potential across various industry areas.
Compatibility Issues with Legacy Systems: As enterprises shift to contemporary optical networks, compatibility challenges with existing legacy systems continue to pose a significant barrier in the Optical Transceiver Market. Companies may encounter delays or heightened expenses when upgrading or integrating new equipment. This may hinder the swift adoption of optical transceivers, necessitating providers to provide solutions that facilitate seamless interaction with legacy infrastructure to reduce interruptions and leverage emerging opportunities.
Supply Chain Disruptions and Semiconductor Shortages: Global supply chain disruptions and persistent semiconductor shortages present a considerable challenge to the Optical Transceiver Market. Manufacturers encounter production delays and heightened component costs, affecting their capacity to satisfy escalating demand. To alleviate these risks, industry stakeholders must investigate alternate supply chains, enhance inventory management, and invest in novel production methodologies, thereby ensuring resilience and sustained growth in the long run.
Geographical Dominance
North America occupies a preeminent position in the Optical Transceiver Market owing to its sophisticated telecommunications infrastructure and swift integration of 5G and cloud technologies. The region’s substantial investment in data centers and research and development operations propels innovation, fostering market expansion. Moreover, the Asia-Pacific region is emerging as a high-growth area, characterized by rising demand from telecommunications operators and organizations, hence enhancing the global proliferation of optical transceivers.
Key Players
The “Global Optical Transceiver Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are II-VI Incorporated, Accelink Technologies, Lumentum Operations LLC, Sumitomo Electric Industries Ltd., Fujitsu Optical Components Limited, Broadcom Inc.
Optical Transceiver Market Segment Analysis
Based on the research, Verified Market Research has segmented the global Optical Transceiver Market into Data Rate, Form Factor, Fiber Type, Distance, Wavelength, Connector, Protocol, Application and Geography.
Optical Transceiver Market, by Data Rate:Less than 10 Gbps10 to 40 Gbps41 to 100 GbpsMore than 100 GbpsOptical Transceiver Market, by Form Factor:SFF & SFPQSFPCFPXFPCFPOptical Transceiver Market, by Fiber Type:Single Mode FiberMultimode FiberOptical Transceiver Market, by Distance:Less than 1 km1-10 km11-100 kmMore than 100 kmOptical Transceiver Market, by Wavelength:850 nm band1310 nm band1550 nm bandOthersOptical Transceiver Market, by Connector:LC connectorSC connectorMPO connectorRJ-45Optical Transceiver Market, by Protocol:EthernetFiber ChannelCWDM/DWDMFTTxOther Protocols (SONET, SDH, CPRI)Optical Transceiver Market, by Application:Telecommunication (Ultra-long-haul Network, Long-haul Network, Metro Network)Data Center (Data Center Interconnect, Intra-Data Center Connection)Enterprise (Enterprise Routing, Enterprise Switching)Optical Transceiver Market, by GeographyNorth AmericaU.SCanadaMexicoEuropeGermanyFranceU.KRest of EuropeAsia PacificChinaJapanIndiaRest of Asia PacificROWMiddle East & AfricaLatin America
Browse Related Reports:
Global Optical Filters Market Size By Product (Coloured Optical Filter, Bandpass Optical Filter), By Application (Medical Equipment, Household Electronics), By Geography, And Forecast
Global Optical Wireless Communication Market Size By Type (Visible light Communication, Infrared Communication), By Industry (Industrial, Transportation, Healthcare, Infrastructure/Defense), By Geography, And Forecast
Global Silicon Photonics Market Size by Component (Active Components, Passive Components), By Product (Transceiver, Variable optical attenuator, Switch, Cable, Sensor), Application (Data center & high-performance computing, Telecommunications, Military, defense, and aerospace, Medical and life sciences, Sensing), By Geography, And Forecast
Global Fiber Optic Sensors Market Size By Type (Intrinsic, Extrinsic), Product Type (Transmitters, Receivers, Optical Amplifiers, Fiber Optic Cable), End-User (Defence, Energy & Power, Medical, Transportation, Industrial), By Geography, And Forecast
5 Leading Optical Transceiver Manufacturers building a connected world
Visualize Optical Transceiver Market using Verified Market Intelligence -:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
About Us
Verified Market Research® stands at the forefront as a global leader in Research and Consulting, offering unparalleled analytical research solutions that empower organizations with the insights needed for critical business decisions. Celebrating 10+ years of service, VMR has been instrumental in providing founders and companies with precise, up-to-date research data.
With a team of 500+ Analysts and subject matter experts, VMR leverages internationally recognized research methodologies for data collection and analyses, covering over 15,000 high impact and niche markets. This robust team ensures data integrity and offers insights that are both informative and actionable, tailored to the strategic needs of businesses across various industries.
VMR’s domain expertise is recognized across 14 key industries, including Semiconductor & Electronics, Healthcare & Pharmaceuticals, Energy, Technology, Automobiles, Defense, Mining, Manufacturing, Retail, and Agriculture & Food. In-depth market analysis cover over 52 countries, with advanced data collection methods and sophisticated research techniques being utilized. This approach allows for actionable insights to be furnished by seasoned analysts, equipping clients with the essential knowledge necessary for critical revenue decisions across these varied and vital industries.
Verified Market Research® is also a member of ESOMAR, an organization renowned for setting the benchmark in ethical and professional standards in market research. This affiliation highlights VMR’s dedication to conducting research with integrity and reliability, ensuring that the insights offered are not only valuable but also ethically sourced and respected worldwide.
Contact Us
Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
US Toll Free: +1 (800)-782-1768
Email: sales@verifiedmarketresearch.com
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter
Logo: https://mma.prnewswire.com/media/2015407/VMR_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/optical-transceiver-market-is-expected-to-generate-a-revenue-of-usd-31-83-billion-by-2031–globally-at-14-79-cagr-verified-market-research-302256976.html
You may like
Technology
ChipMOS EXPECTS 6.3% FULL YEAR 2024 REVENUE GROWTH, WITH A 5.4% YoY DECEMBER 2024 REVENUE DECLINE AND A 5.7% YoY 4Q24 REVENUE DECLINE
Published
53 minutes agoon
January 10, 2025By
HSINCHU, Jan. 10, 2025 /PRNewswire-FirstCall/ — ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services (“OSAT”), today reported its unaudited consolidated revenue for the month of December 2024 and for the fourth quarter ended December 31, 2024. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$32.79 to US$1.00 as of December 31, 2024. This would represent full year 2024 revenue growth of approximately 6.3% compared to the full year 2023.
Revenue for the fourth quarter of 2024 was NT$5,399.6 million or US$164.7 million, representing a decrease of 5.7% from the fourth quarter of 2023, and a decrease of 11.0% from the third quarter of 2024. The Company noted that while the quarterly decline reflects macro industry pricing and demand headwinds, the strong full year 2024 revenue growth reflects continued leadership in its core markets.
Revenue for the month of December 2024 was NT$1,780.1 million or US$54.3 million, representing a decrease of 3.0% from November 2024, and a decrease of 5.4% from December 2023.
Consolidated Monthly Revenues (Unaudited)
December 2024
November 2024
December 2023
MoM Change
YoY Change
Revenues
(NT$ million)
1,780.1
1,834.6
1,881.5
-3.0 %
-5.4 %
Revenues
(US$ million)
54.3
55.9
57.4
-3.0 %
-5.4 %
Consolidated Quarterly Revenues (Unaudited)
Fourth Quarter
2024
Third Quarter
2024
Fourth Quarter
2023
QoQ Change
YoY Change
Revenues
(NT$ million)
5,399.6
6,068.0
5,725.4
-11.0 %
-5.7 %
Revenues
(US$ million)
164.7
185.1
174.6
-11.0 %
-5.7 %
About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS) (www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide.
Forward-Looking Statements:
This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors. Further information regarding these risks, uncertainties and other factors are included in the Company’s most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the “SEC”) and in the Company’s other filings with the SEC.
Contacts:
In Taiwan
Jesse Huang
ChipMOS TECHNOLOGIES INC.
+886-6-5052388 ext. 7715
In the U.S.
David Pasquale
Global IR Partners
+1-914-337-8801
View original content:https://www.prnewswire.com/news-releases/chipmos-expects-6-3-full-year-2024-revenue-growth-with-a-5-4-yoy-december-2024-revenue-decline-and-a-5-7-yoy-4q24-revenue-decline-302347705.html
SOURCE ChipMOS TECHNOLOGIES INC.
Technology
16 Press Releases You Need to See This Week
Published
53 minutes agoon
January 10, 2025By
Plus, press release highlights from CES 2025.
NEW YORK, Jan. 10, 2025 /PRNewswire/ — With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
McDonald’s New McValue Platform Is Finally Here
Fans can mix and match with the new Buy One, Add One for $1 offer and fuel up for less with the popular $5 Meal Deal. The brand marks the moment by partnering with John Cena and gifting fans millions of dollars in entertainment, lifestyle promos.ADP National Employment Report: Private Sector Employment Increased by 122,000 Jobs in December; Annual Pay was Up 4.6%
“The labor market downshifted to a more modest pace of growth in the final month of 2024, with a slowdown in both hiring and pay gains,” said Nela Richardson, chief economist, ADP. “Health care stood out in the second half of the year, creating more jobs than any other sector.”Big Lots Closes Sale to Gordon Brothers Retail Partners
Bruce Thorn, Big Lots’ President and Chief Executive Officer, said, “We are pleased to close this strategic transaction, which provides a framework to preserve thousands of jobs, maximize value, and maintain the Big Lots brand.”Globally Renowned Investor and Entrepreneur Kevin O’Leary Joining The People’s Bid for TikTok
The bid aims to purchase TikTok’s U.S. assets and rebuild the platform in a way that prioritizes the privacy of its 170 million American users.NASA to Explore Two Landing Options for Returning Samples from Mars
“Pursuing two potential paths forward will ensure that NASA is able bring these samples back from Mars with significant cost and schedule saving compared to the previous plan,” said NASA Administrator Bill Nelson. “These samples have the potential to change the way we understand Mars, our universe, and – ultimately – ourselves.”Tripadvisor Reveals 2025’s Must-Visit Destinations: Top Picks From Travelers Around the World This year Tripadvisor introduces two new subcategories; Solo Travel Destinations and a special sub-category in celebration of Tripadvisor’s 25th anniversary honoring the Top Destinations of the Last 25 Years based on all time reviews.Ulta Beauty Teams Up with Instacart to Deliver Beauty in a Flash Nationwide
Beauty meets convenience with the largest specialty U.S. beauty retailer now available on Instacart for delivery in as fast as an hour from more than 1,400 stores.Nation’s Top 300 Teen Scientists Selected for Achievements in STEM Innovation and Leadership in Nation’s Oldest and Most Prestigious High School Competition
The 300 scholars will be awarded $2,000 each and their schools will be awarded $2,000 for each enrolled scholar. Scholars were chosen based on their outstanding research, leadership skills, community involvement, commitment to academics, creativity in asking scientific questions and exceptional promise as STEM leaders.$5 Bowls with Five Choices: KFC® Debuts Hot New Lineup of Flavorful Bowls, Including Anticipated Return of Nashville Hot Sauce
Indulge your cravings with a hearty, warm, comforting bowl this winter for just $5 each, making your post-holiday wallet happy. Paramount and Comcast Announce Multi-Year Distribution Agreements
The multi-year deals feature ongoing carriage of Paramount’s networks, including CBS, BET, Comedy Central, MTV, Nickelodeon, Paramount Network and more. Comcast subscribers will also retain access to Paramount’s popular streaming services across Paramount+, Pluto TV and BET+.Michael J. Fox Honored with Presidential Medal of Freedom
President Biden presented Fox with the medal, which honors individuals who have made exemplary contributions to the prosperity, values, or security of the United States, world peace, or other significant societal, public or private endeavors.Hyundai Vehicles Available to “Add to Cart” on Amazon Autos
Car buyers around the U.S. can browse, order and finance any new Hyundai vehicle through a participating Hyundai dealer directly on Amazon Autos, and schedule a pickup from the dealer.The Latest Innovation from CHIPS AHOY! Is…Not A Cookie?! Introducing New CHIPS AHOY! Baked Bites – Bite-Sized Blondies to Satisfy Your Sweet Tooth
Baked into a square shape with a soft and chewy texture inspired by a brownie, CHIPS AHOY! Baked Bites, Blondie variety, are made with delicious, real chocolate chips and no high fructose corn syrup, offering an entirely reimagined CHIPS AHOY! experience. Buffalo thunders back as Zillow’s hottest market for 2025
“Shoppers nationwide should see more options for sale than in recent years, along with slow and steady price growth. That’s the good news. But both buyers and sellers should expect unpredictable mortgage rates,” said Skylar Olsen, Zillow chief economist.Girl Scouts’ 2025 Cookie Season Kicks Off Nationally, Helping Girls Across the Country Unbox Brighter Futures for Themselves
At the close of the 2025 cookie season, two beloved cookie flavors, Girl Scout S’mores® and Toast-Yay!®, will be retired.United Announces Accelerated Timeline for Starlink’s Industry-Leading Connectivity in the Sky
The airline now expects to begin testing Starlink next month with the first commercial flight anticipated to take off this spring on a United Embraer E-175 aircraft. Ultimately, United will add Starlink to its entire fleet.
Read more of the latest releases from PR Newswire.
Do you have a press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.
CES 2025
CES took over Las Vegas — and the wire — this week as companies from a range of industries shared news of their latest consumer technology innovations. From advances in mobility and AI to medtech, smart homes and much more, PR Newswire is here to help journalists and consumers keep track of the announcements tied to the consumer electronics tradeshow.
Here are just a few of the big CES press releases sent this week:
What Not to Miss at CES 2025XREAL Announces Groundbreaking Collaborations at CES 2025EcoFlow Debuts AI-Powered OASIS at CES 2025, Maximizing Energy Savings and Extreme Weather PrepSony Exhibits at CES® 2025Exclusive to CES 2025: Bird Buddy Goes Beyond Birds with New Wonder Nature Tech Product Announcement
Catch up on the latest CES 2025 announcements.
Helping Journalists Stay Up to Date on Industry News
These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.
Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:
Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.
About PR Newswire
PR Newswire is the industry’s leading press release distribution partner with an unparalleled global reach of more than 440,000 newsrooms, websites, direct feeds, journalists and influencers and is available in more than 170 countries and 40 languages. From our award-winning Content Services offerings, integrated media newsroom and microsite products, Investor Relations suite of services, paid placement and social sharing tools, PR Newswire has a comprehensive catalog of solutions to solve the modern-day challenges PR and communications teams face. For 70 years, PR Newswire has been the preferred destination for brands to share their most important news stories across the world.
For questions, contact the team at media.relations@cision.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/16-press-releases-you-need-to-see-this-week-302347612.html
SOURCE PR Newswire
Technology
Inspira™ Preparing Production in Response to Spread of Respiratory Virus in China
Published
53 minutes agoon
January 10, 2025By
RA’ANANA, Israel, Jan. 10, 2025 /PRNewswire/ — Inspira Technologies OXY B.H.N. Ltd. (Nasdaq: IINN) (Nasdaq: IINNW) (“Inspira” or the “Company”), a leader in life-support technology innovation, announced today that it is preparing for a potential production ramp-up of its INSPIRA™ ART100 device. This strategic readiness comes in light of the recent outbreak of human metapneumovirus (hMPV) in China, which has highlighted the growing need for advanced respiratory care technologies globally.
Inspira is already in discussions with leading providers in affected regions to evaluate demand for advance respiratory solutions and deployment of the INSPIRA™ ART100 device, ensuring rapid response capabilities in case of increased demand.
As global health authorities monitor the hMPV outbreak, Inspira™ believes that it is well-positioned to meet potential increased demand for advanced respiratory support systems. Inspira is working closely with suppliers to secure necessary raw materials and components to meet potential demand spikes. The Company is following the hMPV situation globally and working to adjust production plans as needed.
“While hMPV is not a new virus, and experts indicate the current outbreak is part of normal seasonal patterns, Inspira believes in being prepared,” said Dagi Ben-Noon, CEO of Inspira. “Our increased production capacity will help ensure healthcare providers have access to vital respiratory care equipment should the need arise.”
Inspira emphasizes that its preparedness measures are precautionary and align with the Company’s commitment to global health readiness. The Company will work closely with health authorities in affected regions and adjust its plans based on the evolving situation.
Inspira™ Technologies OXY B.H.N. Ltd.
Inspira Technologies is an innovative medical technology company in the life support and respiratory treatment arena. The Company has developed a breakthrough Augmented Respiration Technology (INSPIRA™ ART), a groundbreaking device poised to revolutionize the $19 billion mechanical ventilation market. With 20 million intensive care unit patients with acute respiratory failure each year, many of whom rely on mechanical ventilators, the INSPIRA ART offers a potential alternative by elevating and stabilizing decreasing oxygen saturation levels in minutes without a ventilator, with patients being awake during treatment. The INSPIRA ART is being equipped with a clip-on HYLA™ blood sensor, a real-time continuous blood monitoring technology, aiming to alert physicians of changes in a patient’s condition without the need for intermittent actual blood samples, aiming to support physicians in making informed decisions.
In June and July 2024, respectively, the Company’s INSPIRA™ ART100 system has obtained FDA 510(k) clearance for use in CBP procedures, along with the Israeli AMAR certification for both Extra-Corporeal Membrane Oxygenation and Cardiopulmonary Bypass procedures.
The Company’s other products and technologies, including the INSPIRA ART also known as the INSPIRA™ ART500 or Gen 2, the INSPIRA™ Cardi-ART portable modular device, VORTX™ Oxygen Delivery System, and HYLA™ blood sensor, are currently being designed and developed, and have not yet been tested or used in humans nor approved by any regulatory entity.
For more information, please visit our corporate website at https://inspira-technologies.com
Forward-Looking Statement Disclaimer This press release contains express or implied forward-looking statements pursuant to U.S. Federal securities laws. These forward-looking statements are based on the current expectations of the management of the Company only and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For example, the Company is using forward-looking statements when it discusses the growing need for advanced respiratory care technologies and its ability to adjust its plans to rapidly respond in case of increased demand. These forward-looking statements and their implications are based solely on the current expectations of the Company’s management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Except as otherwise required by law, the Company undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s annual report on Form 20-F for the fiscal year ended December 31, 2023, filed with the U.S. Securities and Exchange Commission (the “SEC”), which is available on the SEC’s website at www.sec.gov.
Contact: Inspira Technologies – Media Relations
Email: info@inspirao2.com
Phone: +972-9-9664485
MRK-ARS-113
Copyright © 2018-2025 Inspira Technologies OXY B.H.N. LTD., All rights reserved.
Logo: https://mma.prnewswire.com/media/1668495/Inspira_Technologies_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/inspira-preparing-production-in-response-to-spread-of-respiratory-virus-in-china-302347881.html
SOURCE Inspira Technologies
ChipMOS EXPECTS 6.3% FULL YEAR 2024 REVENUE GROWTH, WITH A 5.4% YoY DECEMBER 2024 REVENUE DECLINE AND A 5.7% YoY 4Q24 REVENUE DECLINE
16 Press Releases You Need to See This Week
Inspira™ Preparing Production in Response to Spread of Respiratory Virus in China
Whiteboard Series with NEAR | Ep: 45 Joel Thorstensson from ceramic.network
Peloton Unveils Holiday 2022 Creative Campaign Highlighting How Motivation Transcends Beyond the Workout
These ’90s fashion trends are making a comeback in 2017
Why You Should Build on #NEAR – Co-founder Illia Polosukhin at CV Labs
Whiteboard Series with NEAR | Ep: 45 Joel Thorstensson from ceramic.network
NEAR End of Year Town Hall 2021: The Open Web World, MetaBUILD 2 Hackathon and 2021 recap
Trending
-
Technology5 days ago
Sansui’s Award-Winning AI Gaming Monitor Blends Health and Performance Innovation at CES 2025
-
Technology5 days ago
“Rock a New Era”: Roborock Revolutionises Smart Home Cleaning at CES 2025 with robotic arm equipped Saros Z70
-
Coin Market3 days ago
Toyota’s AI and Robotics-powered ‘Woven City’ set to open this year
-
Technology5 days ago
EcoFlow Debuts AI-Powered OASIS at CES 2025, Maximizing Energy Savings and Extreme Weather Prep
-
Coin Market5 days ago
Mining company MARA lent out 7,377 BTC to third parties in 2024
-
Technology4 days ago
Amorepacific Named CES 2025 Innovation Award Honoree
-
Technology4 days ago
NIKON EXHIBITS AT CES 2025
-
Technology4 days ago
Tencent Cloud Recognized Again in the Gartner® “Competitive Landscape: Video Platform Services” Report, solidifying its Pioneering Position in the Asia-Pacific Market