The Global Pulse Oximeters Market was valued at US$ 1.76 billion in 2019. Pulse oximeters are used for analyzing essential medical factors; like breathing, cardiac, and pulse rates. They are employed to examine the health of patients while diagnosing their illnesses or when they exhibit indications. These products are used across homes, healthcare emergencies, healthcare settings.
The implementation of wireless pulse oximeters by clinicians and domestic users is rising, which is forecasted to impel the expansion of the pulse oximeters market. Transferability of wireless pulse oximeters is raising the demand for wrist and finger-top pulse oximeters, particularly in in-home care settings.
A growing population of old people, the inclination for home surveillance, and chronic disorders are key factors that drive the pulse oximeters market. In addition to these, obesity and heart problems as well as unhealthy living conditions can also contribute to market sales in the upcoming years. High-tech improvement in design and development of pulse oximeter is anticipated to propel market growth for the period of assessment. Leading companies in the industry are presenting gadgets that are more compact, handy, ease to use, precise, and efficient.
For example, Masimo got FDA authorization for its first tether less SET pulse oximeter, Radius PPG, in May 2019. Continuous checking of respirational parameters is important in patients diagnosed with the COVID19. Therefore, healthcare authorities are extremely reliant on medical equipment, such as pulse oximeters and multi-parameter monitors, for diagnosis, treatment, and supervision of novel coronavirus symptoms. Consequently, the demand for pulse oximeters is increased in last few months boosting the growth of the market.
North America headed the pulse oximeters market and recorded an income stake of 48.7 percent in the year 2019, as a result of increasing awareness concerning the significance of monitoring breathing parameters amongst the people. These devices are used for congenital heart diseases, peripheral arterial disease, and peripheral vascular diseases in the North American region.
The APAC region embraces substantial prospective for the development of market for the period of the evaluation. Factors like growing consciousness regarding superior healthcare technologies, rising patient pool and market penetration by growing players are estimated to play an important part in the surge of the pulse oximeters market share in the APAC region. Manufacturers are spotting the potential and presenting new products suitable for emerging countries of the APAC region.
Pulse Oximeters Market Share Analysis, by Geography (2022)
The report titled “Pulse Oximeters Market - Global Market Share, Trends, Analysis and Forecasts, 2023-2032”, wherein 2021 is historic period, 2022 is the base year, and 2023 to 2032 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global Pulse Oximeters market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.
The global pulse oximeters market is segmented in on the basis of type, end use, and geography. Based on type, the market is divided into fingertip, handheld and others. The pulse oximeters market on the basis of end-use is segmented into hospitals and other healthcare facilities, and home healthcare. Based on geography, the global Pulse Oximeters market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada and Rest of North America. Europe is sub-segmented into Germany, United Kingdom, Belgium, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, Indonesia, Australia, South Korea, Taiwan, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, the UAE, and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.
The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on Pulse Oximeters. Further, market share of prominent companies in the global Pulse Oximeters market would also be estimated.
The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the kaolin companies. The global Pulse Oximeters market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution.
Product portfolio would focus on all the products under the Pulse Oximeters business segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global Pulse Oximeters market.
Major players active in the global pulse oximeters market are Medtronic (Covidien), Carefusion Corp., GE Healthcare, Philips Healthcare, Masimo, CAS Medical Systems, Inc., Opto Circuits India Ltd., Nonin Medical, Inc., Smiths Medical, Welch Allyn, Spacelabs Healthcare, Meditech Equipment Co., and NIHON KOHDEN CORPORATION.
Segmentations:
By Type:
By End User:
By Geography :
Pulse oximeter are used for analyzing essential medical factors; like breathing, cardiac, and pulse rates.
The global pulse oximeters Market market size is expected to grow from US$ 1.76 billion in 2019.
A growing population of old people, the inclination for home surveillance, and chronic disorders are key factors that drive the pulse oximeters market.
Medtronic (Covidien), Carefusion Corp., GE Healthcare, Philips Healthcare, Masimo, CAS Medical Systems Inc. among others, are the major players in this market. These companies have a strong and reliable distribution network which gives them an edge over other industry players.
The end-use segments in pulse oximeters market market are Hospitals, Home healthcare and Other healthcare facilities.
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