Market Overview:
The global hand held pulse oximeters market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of respiratory diseases, growing geriatric population, and technological advancements in hand held pulse oximeters. Based on type, the global hand held pulse oximeters market is segmented into disposable sensors and reusable sensors. The disposable sensor segment is expected to grow at a higher CAGR than the reusable sensor segment during the forecast period from 2018 to 2030. This can be attributed to factors such as rising awareness about hygiene and increasing demand for portable devices. Based on application, the global hand held pulse oximeters market is divided into hospital use, ambulatory surgical center use, and home care use. The hospital use segment dominates this market owing to rising incidence of respiratory diseases among hospitalized patients across different geographies worldwide.
Product Definition:
A hand held pulse oximeter is a medical device that measures the oxygen saturation of arterial blood and pulse rate. The device consists of a small probe that is placed on the fingertip, earlobe, or other site, and a digital display. The probe emits light waves in both the red and infrared spectrums. These waves are absorbed by hemoglobin in red blood cells as they pass through tiny capillaries. The amount of light absorption is directly related to the amount of oxygen present in the blood.
The hand held pulse oximeter measures these changes in wavelength and calculates the percentage of oxygen saturation (SpO2) from them. It also calculates heart rate by measuring how often each waveform repeats itself over time (pulse rate).
Disposable Sensor:
Disposable sensor is a small device that measures oxygen level in the air. It works on the principle of photo-oxidation, which involves reaction between light and oxygen. The disposable sensors are used for measuring SpO2 (Spontaneous Oxygen Concentration) in patients suffering from sleep apnea or any other condition where regular monitoring of pulse rate is not possible.
Reusable Sensors:
Reusable sensors are used in handheld pulse oximeters to measure the arterial saturation of patients. The sensor is a thin, flexible semiconductor that is exposed to the patient's body and absorbs light energy from the source which then gets converted into an electrical signal. These sensors can be re-used multiple times as long as they are cleaned properly after each use. They have applications in various end-use industries such as healthcare, automotive & transportation, consumer electronics and military & defense among others.
Application Insights:
The market is segmented on the basis of application into hospital, ambulatory surgical center, and home care. The hospital segment dominated the global hand held pulse oximeters market in 2017 due to factors such as increasing prevalence of chronic diseases such as heart disease, high blood pressure and diabetes which require regular medical checkups. Furthermore, growing awareness about pulse oximeters among hospitals will boost product demand in this region.
The home care segment is expected to grow at a lucrative rate over the forecast period owing to rising awareness about early detection of life-threatening conditions coupled with increasing government initiatives for promoting healthy living habits among consumers. For instance, The American Heart Association has launched an initiative named Be Smart About Blood Pressure which aims at lowering blood pressure levels among adults by 5/5 mmHg through lifestyle modifications like eating right and physical activity along with easy access to healthcare services will further propel product demand in this region over the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to well-established healthcare infrastructure, high awareness among individuals about the importance of pulse oximeters, and availability of reimbursement facilities. Moreover, increasing prevalence of chronic diseases such as respiratory failure and cardiac arrests are expected to drive the demand for home care devices.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due to rising disposable income coupled with growing health awareness amongst people. Furthermore, an increase in government initiatives for improving public health system is likely to boost product demand over the next eight years. For instance, Pulse Oximeter India Pvt Ltd., a company based in Bangalore manufactures hand held pulse oximeters under brand name ‘Biox' that can be used by doctors across India free of cost till a prescription is obtained from a doctor (in case it's needed) or till stocks last). Such initiatives are expected fuel regional growth during 2018 - 2030 time frame.
Growth Factors:
- Increasing prevalence of respiratory diseases and other health conditions that can be monitored using pulse oximeters
- Growing demand for portable and easy-to-use devices
- Advances in technology that have led to the development of more sophisticated and accurate pulse oximeters
- Rising number of ambulatory care settings where pulse oximeters are being used
- Increasing awareness about the benefits of using pulse oximeters
Scope Of The Report
Report Attributes
Report Details
Report Title
Hand Held Pulse Oximeters Market Research Report
By Type
Disposable Sensor, Reusable Sensors
By Application
Hospital, Ambulatory Surgical Center, Home Care
By Companies
Masimo, Medtronic, Nonin Medical, Smiths Medical, Nihon-Kohden, Philips, GE Healthcare, Konica Minolta, Mindray, Heal Force, Masimo, Jerry Medical, Solaris
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Hand Held Pulse Oximeters Market Report Segments:
The global Hand Held Pulse Oximeters market is segmented on the basis of:
Types
Disposable Sensor, Reusable Sensors
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
Hospital, Ambulatory Surgical Center, Home Care
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:
- Masimo
- Medtronic
- Nonin Medical
- Smiths Medical
- Nihon-Kohden
- Philips
- GE Healthcare
- Konica Minolta
- Mindray
- Heal Force
- Masimo
- Jerry Medical
- Solaris
Highlights of The Hand Held Pulse Oximeters 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:
- Disposable Sensor
- Reusable Sensors
- By Application:
- Hospital
- Ambulatory Surgical Center
- Home Care
- 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 Hand Held Pulse Oximeters 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.
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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?
Hand held pulse oximeters are medical devices that measure the oxygen levels in a person's blood. They are used to diagnose and monitor conditions such as heart disease, stroke, and hypoxia (low oxygen levels).
Some of the key players operating in the hand held pulse oximeters market are Masimo, Medtronic, Nonin Medical, Smiths Medical, Nihon-Kohden, Philips, GE Healthcare, Konica Minolta, Mindray, Heal Force, Masimo, Jerry Medical, Solaris.
The hand held pulse oximeters market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hand Held Pulse Oximeters 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 Hand Held Pulse Oximeters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hand Held Pulse Oximeters 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 Hand Held Pulse Oximeters 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 Hand Held Pulse Oximeters Market Size & Forecast, 2020-2028
4.5.1 Hand Held Pulse Oximeters Market Size and Y-o-Y Growth
4.5.2 Hand Held Pulse Oximeters 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 Disposable Sensor
5.2.2 Reusable Sensors
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 Hospital
6.2.2 Ambulatory Surgical Center
6.2.3 Home Care
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hand Held Pulse Oximeters 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 Hand Held Pulse Oximeters 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 Disposable Sensor
9.6.2 Reusable Sensors
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 Hospital
9.10.2 Ambulatory Surgical Center
9.10.3 Home Care
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 Disposable Sensor
10.6.2 Reusable Sensors
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 Hospital
10.10.2 Ambulatory Surgical Center
10.10.3 Home Care
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 Disposable Sensor
11.6.2 Reusable Sensors
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 Hospital
11.10.2 Ambulatory Surgical Center
11.10.3 Home Care
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 Disposable Sensor
12.6.2 Reusable Sensors
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 Hospital
12.10.2 Ambulatory Surgical Center
12.10.3 Home Care
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 Disposable Sensor
13.6.2 Reusable Sensors
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 Hospital
13.10.2 Ambulatory Surgical Center
13.10.3 Home Care
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 Hand Held Pulse Oximeters Market: Competitive Dashboard
14.2 Global Hand Held Pulse Oximeters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Masimo
14.3.2 Medtronic
14.3.3 Nonin Medical
14.3.4 Smiths Medical
14.3.5 Nihon-Kohden
14.3.6 Philips
14.3.7 GE Healthcare
14.3.8 Konica Minolta
14.3.9 Mindray
14.3.10 Heal Force
14.3.11 Masimo
14.3.12 Jerry Medical
14.3.13 Solaris
