ENGLEWOOD, Colo., May 12, 2025 - Zynex, Inc. $(ZYXI)$, a leader in medical technology, has submitted a 510(k) application to the U.S. Food and Drug Administration (FDA) for its NiCO™ Noninvasive CO-Oximeter device. This submission is a significant step in the company's efforts to innovate within the field of patient monitoring. The NiCO Laser Pulse Oximeter is designed to provide more reliable and accurate oxygen status information, potentially revolutionizing the pulse oximetry market, which is projected to grow from $2.8 billion today to $4.3 billion by 2027. The device aims to enhance patient care by offering real-time data on various hemoglobin species, enabling earlier detection of conditions such as hypoxia and hyperoxia.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zynex Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001558370-25-007779), on May 14, 2025, and is solely responsible for the information contained therein.
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