Market Overview:
The global home pulse oximeter market is expected to grow at a CAGR of 5.5% 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 pulse oximeters. Based on type, the global home pulse oximeter market is segmented into fingertip, handheld, and other types. The handheld type segment is expected to grow at a higher CAGR than other types during the forecast period from 2018 to 2030. This growth can be attributed to the increasing demand for portable devices and rising awareness about their benefits among consumers. Based on application, the global home pulse oximeter market is segmented into online and offline applications.
Product Definition:
A home pulse oximeter is a device that measures the oxygen saturation in the blood and heart rate. It is used to monitor the health of patients with respiratory conditions, such as COPD, or those who are recovering from surgery. Home pulse oximeters are also used to monitor newborns and infants.
Fingertip:
Fingertip is a wearable device that measures oxygen level in the blood with the help of infrared light. It's main function is to provide real-time SpO2 (Spontaneous O2 Descent) readings on the user’s finger. The product has been available in Europe and Japan for quite some time now, but has just started gaining popularity over here in North America owing to its high accuracy and reliability as compared to other products available at a similar price point.
Handheld:
Handheld or portable pulse oximeter is a device used to measure the oxygen saturation level in blood using non-invasive techniques. The hand held devices are gaining popularity owing to its ease of use and compact size. It can be used by patients suffering from any disease, age group, and gender.
The global market for handheld pulse oximeters was valued at USD 648 million in 2015.
Application Insights:
Offline home pulse oximeter is used for measuring the blood oxygen saturation of a patient in the absence of any external source of light. The device uses an LED as a source and measures the amount of light that is reflected back from the fingertip or hand. Offline devices are preferred for patients who cannot tolerate wearing sensors on their bodies, such as children and people with diabetes mellitus or other diseases affecting eyesight.
Online home pulse oximeter is used to measure oxygen levels in blood samples obtained from a person¢â‚¬â„¢s finger or toe nails.
Regional Analysis:
North America dominated the global home pulse oximeter market in 2017. The presence of well-established healthcare infrastructure and high awareness levels among individuals are some factors responsible for its large share. In addition, the availability of advanced medical products is also expected to drive growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing demand for technologically advanced medical devices coupled with rising prevalence of chronic diseases such as cardiac arrest and respiratory failure in this region. Moreover, improving healthcare facilities and growing patient awareness levels will also support regional market development during the same period.
Growth Factors:
- Increasing prevalence of respiratory diseases and other chronic disorders: The increasing prevalence of respiratory diseases, such as asthma, COPD, and pneumonia is a major growth driver for the home pulse oximeter market. According to the World Health Organization (WHO), over 300 million people suffer from asthma worldwide, and this number is expected to increase to 400 million by 2025. In addition, the incidence of other chronic disorders such as heart failure and diabetes is also on the rise globally. This is likely to drive demand for home pulse oximeters in the coming years.
- Growing awareness about early diagnosis and treatment: There is a growing awareness among patients about the importance of early diagnosis and treatment for various chronic conditions. Home pulse oximeters can help in early detection of health problems by providing accurate oxygen saturation readings. This helps in timely intervention and better management of these conditions. Thus, growing awareness about home pulse oximeters will boost their demand in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Home Pulse Oximeter Market Research Report
By Type
Fingertip, Handheld, Other
By Application
Online, Offline
By Companies
Philips, Nonin Medical, GE Healthcare, Smiths Medical, Contec, HealForec, Choice, Yuwell, Mindray, Konsung
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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Home Pulse Oximeter Market Report Segments:
The global Home Pulse Oximeter market is segmented on the basis of:
Types
Fingertip, Handheld, Other
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
Online, Offline
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:
- Philips
- Nonin Medical
- GE Healthcare
- Smiths Medical
- Contec
- HealForec
- Choice
- Yuwell
- Mindray
- Konsung
Highlights of The Home Pulse Oximeter 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:
- Fingertip
- Handheld
- Other
- By Application:
- Online
- Offline
- 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 Home Pulse Oximeter 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?
A home pulse oximeter is a small, handheld device that measures oxygen levels in the blood. This information can be used to monitor health and provide early warning signs of illness.
Some of the major companies in the home pulse oximeter market are Philips, Nonin Medical, GE Healthcare, Smiths Medical, Contec, HealForec, Choice, Yuwell, Mindray, Konsung.
The home pulse oximeter market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Home Pulse Oximeter 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 Home Pulse Oximeter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Home Pulse Oximeter 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 Home Pulse Oximeter 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 Home Pulse Oximeter Market Size & Forecast, 2020-2028
4.5.1 Home Pulse Oximeter Market Size and Y-o-Y Growth
4.5.2 Home Pulse Oximeter 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 Fingertip
5.2.2 Handheld
5.2.3 Other
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 Online
6.2.2 Offline
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Home Pulse Oximeter 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 Home Pulse Oximeter 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 Fingertip
9.6.2 Handheld
9.6.3 Other
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 Online
9.10.2 Offline
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 Fingertip
10.6.2 Handheld
10.6.3 Other
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 Online
10.10.2 Offline
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 Fingertip
11.6.2 Handheld
11.6.3 Other
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 Online
11.10.2 Offline
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 Fingertip
12.6.2 Handheld
12.6.3 Other
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 Online
12.10.2 Offline
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 Fingertip
13.6.2 Handheld
13.6.3 Other
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 Online
13.10.2 Offline
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 Home Pulse Oximeter Market: Competitive Dashboard
14.2 Global Home Pulse Oximeter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Philips
14.3.2 Nonin Medical
14.3.3 GE Healthcare
14.3.4 Smiths Medical
14.3.5 Contec
14.3.6 HealForec
14.3.7 Choice
14.3.8 Yuwell
14.3.9 Mindray
14.3.10 Konsung
