Market Overview:
The Global Electronic Grade Propylene Glycol Methyl Ether Acetate Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electronic grade propylene glycol methyl ether acetate in various applications such as hospitals, home care settings, and ambulatory care settings. In addition, the growing demand for wearable pulse oximeters is also contributing to the growth of this market. North America dominates the global electronic grade propylene glycol methyl ether acetate market and is expected to maintain its dominance during the forecast period.
Product Definition:
Electronic grade propylene glycol methyl ether acetate is a high purity solvent that is used in the electronic industry for the manufacture of semiconductors, flat panel displays and other electronic components. It has a high boiling point and low toxicity, making it an ideal choice for these applications.
Handhelp Pulse Oximeter:
Handhelp pulse oximeter is a non-invasive medical device used to measure the arterial oxygen saturation level of patients suffering from respiratory diseases such as asthma, COPD and other pulmonary disorders. The product is also used in measuring the pulse rate of conscious patients to detect any abnormality in it.
Fingertip Pulse Oximeter:
Fingertip pulse oximeter is a non-invasive medical device used to measure the arterial oxygen saturation level of patients in real time. It's usage is increasing owing to its several advantages such as it's easy and quick way to check the saturation level, no need for trained professionals, ability to monitor patient’s condition continuously throughout the treatment and also helps in early diagnosis of any disease or disorder.
Application Insights:
Based on the application, the global market is segmented into hospitals, home care settings, and ambulatory care settings. The hospitals segment dominated the overall market in terms of revenue in 2017. This can be attributed to factors such as a high prevalence of cardiovascular diseases and respiratory illnesses coupled with rising investments by governments for improving healthcare infrastructure across countries worldwide. For instance, according to WHO data published in 2018, an estimated 17 million deaths occur every year globally due to Cardiovascular Diseases (CVDs). Furthermore, according to estimates published by NIDDK in 2016-2017 regarding diabetes type 2 diagnosis rates across various regions; it was observed that diagnosis rate for type 2 diabetes was highest among African Americans aged 65 years or above living in Southern U.S., which is expected to fuel demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through the forecast period on account of increasing healthcare expenditure coupled with rising awareness regarding advanced medical devices among patients, physicians, and other stakeholders. Moreover, high adoption rate of electronic grade propylene glycol methyl ether acetate-based products for their low vapor pressure and excellent electrical properties is anticipated to drive demand over the forecast period.
Asia Pacific is expected to witness lucrative growth over the coming years owing to rapid economic development coupled with increased government spending on healthcare infrastructure in countries such as India and China. In addition, favorable regulatory policies aimed at promoting investments by various pharmaceutical companies are likely to boost product penetration rates across this region during the projected time frame.
Growth Factors:
- Increasing demand for electronic grade propylene glycol methyl ether acetate in various end-use industries such as electronics, automotive, and pharmaceuticals
- Growing demand from Asia Pacific region due to the increasing population and rapid industrialization
- Rising investment by key players in research and development to develop new products and applications
- Increasing use of propylene glycol methyl ether acetate as a solvent in various chemical processes
- Growing popularity of green solvents owing to their environmental friendly nature
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Grade Propylene Glycol Methyl Ether Acetate Market Research Report
By Type
Handhelp Pulse Oximeter, Fingertip Pulse Oximeter, Wearable Pulse Oximeter
By Application
Hospitals, Home Care Settings, Ambulatory Care Settings
By Companies
Medtronic, Masimo, Koninklijke Philips, Nonin Medical, Meditech Equipment, Contec Medical Systems, General Electric, ChoiceMMed, Promed, Shenzhen Aeon Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Grade Propylene Glycol Methyl Ether Acetate Market Report Segments:
The global Electronic Grade Propylene Glycol Methyl Ether Acetate market is segmented on the basis of:
Types
Handhelp Pulse Oximeter, Fingertip Pulse Oximeter, Wearable Pulse Oximeter
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Home Care Settings, Ambulatory Care Settings
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Medtronic
- Masimo
- Koninklijke Philips
- Nonin Medical
- Meditech Equipment
- Contec Medical Systems
- General Electric
- ChoiceMMed
- Promed
- Shenzhen Aeon Technology
Highlights of The Electronic Grade Propylene Glycol Methyl Ether Acetate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Handhelp Pulse Oximeter
- Fingertip Pulse Oximeter
- Wearable Pulse Oximeter
- By Application:
- Hospitals
- Home Care Settings
- Ambulatory Care Settings
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Grade Propylene Glycol Methyl Ether Acetate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electronic Grade Propylene Glycol Methyl Ether Acetate is a propylene glycol and methyl ether mixture that is used in electronic cigarettes. It has a sweet, fruity flavor and can be used in both nicotine and non-nicotine e-liquid products.
Some of the key players operating in the electronic grade propylene glycol methyl ether acetate market are Medtronic, Masimo, Koninklijke Philips, Nonin Medical, Meditech Equipment, Contec Medical Systems, General Electric, ChoiceMMed, Promed, Shenzhen Aeon Technology.
The electronic grade propylene glycol methyl ether acetate market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Grade Propylene Glycol Methyl Ether Acetate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electronic Grade Propylene Glycol Methyl Ether Acetate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Grade Propylene Glycol Methyl Ether Acetate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electronic Grade Propylene Glycol Methyl Ether Acetate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electronic Grade Propylene Glycol Methyl Ether Acetate Market Size & Forecast, 2020-2028
4.5.1 Electronic Grade Propylene Glycol Methyl Ether Acetate Market Size and Y-o-Y Growth
4.5.2 Electronic Grade Propylene Glycol Methyl Ether Acetate Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Handhelp Pulse Oximeter
5.2.2 Fingertip Pulse Oximeter
5.2.3 Wearable Pulse Oximeter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Home Care Settings
6.2.3 Ambulatory Care Settings
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Grade Propylene Glycol Methyl Ether Acetate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Grade Propylene Glycol Methyl Ether Acetate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Handhelp Pulse Oximeter
9.6.2 Fingertip Pulse Oximeter
9.6.3 Wearable Pulse Oximeter
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Home Care Settings
9.10.3 Ambulatory Care Settings
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Handhelp Pulse Oximeter
10.6.2 Fingertip Pulse Oximeter
10.6.3 Wearable Pulse Oximeter
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Home Care Settings
10.10.3 Ambulatory Care Settings
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Handhelp Pulse Oximeter
11.6.2 Fingertip Pulse Oximeter
11.6.3 Wearable Pulse Oximeter
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Home Care Settings
11.10.3 Ambulatory Care Settings
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Handhelp Pulse Oximeter
12.6.2 Fingertip Pulse Oximeter
12.6.3 Wearable Pulse Oximeter
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Home Care Settings
12.10.3 Ambulatory Care Settings
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Handhelp Pulse Oximeter
13.6.2 Fingertip Pulse Oximeter
13.6.3 Wearable Pulse Oximeter
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Home Care Settings
13.10.3 Ambulatory Care Settings
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronic Grade Propylene Glycol Methyl Ether Acetate Market: Competitive Dashboard
14.2 Global Electronic Grade Propylene Glycol Methyl Ether Acetate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Masimo
14.3.3 Koninklijke Philips
14.3.4 Nonin Medical
14.3.5 Meditech Equipment
14.3.6 Contec Medical Systems
14.3.7 General Electric
14.3.8 ChoiceMMed
14.3.9 Promed
14.3.10 Shenzhen Aeon Technology
