Market Overview:
The global noninvasive pulse oximeter market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and technological advancements in pulse oximeters. Based on type, the global noninvasive pulse oximeter market is segmented into finger type pulse oximeter, handheld type pulse oximeter, wrist Pulse Oximeter and palm Pulse Oximeter. The handheld type segment is expected to grow at a higher CAGR during the forecast period as compared to other segments owing to its features such as portability and low price point. Based on application, the global noninvasive pulseoxmetermarket is segmented into hospital settings, clinics/medical health centres, home care settings and other applications including research institutes & universities etc. Among these applications segments, hospitals are expectedto hold a dominant share in terms of revenue contribution duringthe forecast period followed by clinics/medical health centres due To increase in numberof outpatient visits for diagnosisand treatment purposes acrossthe globe .
Product Definition:
A noninvasive pulse oximeter is a medical device that uses light to measure the amount of oxygen in a patient's blood. It is typically used to monitor patients who are receiving oxygen therapy or those with heart or lung diseases. The importance of a noninvasive pulse oximeter is that it provides accurate information about a patient's oxygen levels without having to insert any needles or probes into their body.
Finger Type Pulse Oximeter:
The global finger type pulse oximeter market is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes increasing incidences of respiratory diseases such as sleep apnea, asthma, and other pulmonary disorders.
According to statistics published in the WHO estimates around 65 million people suffer from moderate-to-severe COPD.
Handheld Type Pulse Oximeter:
Handheld type pulse oximeter is a device used to measure the oxygen saturation level in blood using non-invasive techniques. The hand-held devices are compact and easy to use, hence they are gaining popularity among patients suffering from respiratory disorders such as asthma or COPD.
The global market for handheld type pulse oximeters was valued at USD 182 million in 2012.
Application Insights:
The hospital segment dominated the market in 2017 and is expected to continue its dominance over the forecast period. The growing number of hospitals, rising prevalence of critical illnesses, and increasing government initiatives are some of the key factors driving this segment. For instance, in 2015, Health Research Funding Corporation (HRFC) distributed funds for purchasing pulse oximeters for home care settings.
In addition, a rise in travelers¢â‚¬â„¢ health concerns has led to an increase in demand for noninvasive pulse oximeter devices across medical tourism destinations worldwide. According to a study published by Loma Linda University ¢â‚¬Å“Health Outcomes Institute Report Series Number 26: Trends & Issues In International Medical Travel 2013-2017¢â‚¬ found that more than 5 million international patients traveled abroad seeking medical treatment during the years 2013 through 2017.
Regional Analysis:
North America dominated the global market in 2017. The growing prevalence of chronic diseases, such as cardiac arrest, respiratory failure, and stroke is expected to drive the demand for noninvasive pulse oximeters in this region. According to a study published by American Heart Association (AHA), every year around 300,000 people suffer from sudden cardiac arrests and over 100,000 people die due to heart attacks in U.S., thus boosting the demand for these devices among healthcare professionals and consumers alike.
Growth Factors:
- Increasing prevalence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate. This is primarily because of the changing lifestyles and dietary habits of people across the world. Noninvasive pulse oximeters are increasingly being used to monitor the oxygen saturation levels in patients with chronic diseases such as heart failure, COPD, and diabetes mellitus.
- Growing demand for home healthcare services: There is a growing demand for home healthcare services across the world due to the rising costs of hospitalization and lack of availability of quality healthcare facilities in rural areas. Noninvasive pulse oximeters are increasingly being used in homecare settings to monitor the oxygen saturation levels and other vital signs of patients with chronic illnesses.
- Technological advancements: The technological advancements in noninvasive pulse oximetry are helping to improve their accuracy, reliability, and usability. This is resulting in an increase in their adoption by hospitals, clinics, and other healthcare institutions worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Noninvasive Pulse Oximeter Market Research Report
By Type
Finger Type Pulse Oximeter, Handheld Type Pulse Oximeter, Wrist Pulse Oximeter, Palm Pulse Oximeter
By Application
Hospital, Clinics, Medical Health Centre, Home Care, Other
By Companies
Nonin Medical, Medtronic, Philips, GE Healthcare, Delta Electronics, Smiths Medical, Acare Technology, Sensoronics, Yuwell, Masimo, Vyaire Medical, Omron, Welch Allyn, Opto Circuits, Tianjin Chase Sun Pharmaceutical, Medke, Heal Force Bio-Meditech Holdings, Devon Medical
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
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Noninvasive Pulse Oximeter Market Report Segments:
The global Noninvasive Pulse Oximeter market is segmented on the basis of:
Types
Finger Type Pulse Oximeter, Handheld Type Pulse Oximeter, Wrist Pulse Oximeter, Palm 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
Hospital, Clinics, Medical Health Centre, Home Care, Other
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:
- Nonin Medical
- Medtronic
- Philips
- GE Healthcare
- Delta Electronics
- Smiths Medical
- Acare Technology
- Sensoronics
- Yuwell
- Masimo
- Vyaire Medical
- Omron
- Welch Allyn
- Opto Circuits
- Tianjin Chase Sun Pharmaceutical
- Medke
- Heal Force Bio-Meditech Holdings
- Devon Medical
Highlights of The Noninvasive 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:
- Finger Type Pulse Oximeter
- Handheld Type Pulse Oximeter
- Wrist Pulse Oximeter
- Palm Pulse Oximeter
- By Application:
- Hospital
- Clinics
- Medical Health Centre
- Home Care
- Other
- 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 Noninvasive 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 noninvasive pulse oximeter is a device that measures the oxygen level in your blood. This information can be used to help monitor your health and provide valuable insights about your overall health.
Some of the major players in the noninvasive pulse oximeter market are Nonin Medical, Medtronic, Philips, GE Healthcare, Delta Electronics, Smiths Medical, Acare Technology, Sensoronics, Yuwell, Masimo, Vyaire Medical, Omron, Welch Allyn, Opto Circuits, Tianjin Chase Sun Pharmaceutical, Medke, Heal Force Bio-Meditech Holdings, Devon Medical.
The noninvasive pulse oximeter market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Noninvasive 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 Noninvasive Pulse Oximeter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Noninvasive 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 Noninvasive 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 Noninvasive Pulse Oximeter Market Size & Forecast, 2018-2028
4.5.1 Noninvasive Pulse Oximeter Market Size and Y-o-Y Growth
4.5.2 Noninvasive Pulse Oximeter Market Absolute $ Opportunity
Chapter 5 Global Noninvasive Pulse Oximeter 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 Noninvasive Pulse Oximeter Market Size Forecast by Type
5.2.1 Finger Type Pulse Oximeter
5.2.2 Handheld Type Pulse Oximeter
5.2.3 Wrist Pulse Oximeter
5.2.4 Palm Pulse Oximeter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Noninvasive Pulse Oximeter 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 Noninvasive Pulse Oximeter Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinics
6.2.3 Medical Health Centre
6.2.4 Home Care
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Noninvasive 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 Noninvasive 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 Noninvasive Pulse Oximeter Analysis and Forecast
9.1 Introduction
9.2 North America Noninvasive Pulse Oximeter 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 Noninvasive Pulse Oximeter Market Size Forecast by Type
9.6.1 Finger Type Pulse Oximeter
9.6.2 Handheld Type Pulse Oximeter
9.6.3 Wrist Pulse Oximeter
9.6.4 Palm 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 Noninvasive Pulse Oximeter Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinics
9.10.3 Medical Health Centre
9.10.4 Home Care
9.10.5 Other
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 Noninvasive Pulse Oximeter Analysis and Forecast
10.1 Introduction
10.2 Europe Noninvasive Pulse Oximeter 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 Noninvasive Pulse Oximeter Market Size Forecast by Type
10.6.1 Finger Type Pulse Oximeter
10.6.2 Handheld Type Pulse Oximeter
10.6.3 Wrist Pulse Oximeter
10.6.4 Palm 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 Noninvasive Pulse Oximeter Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinics
10.10.3 Medical Health Centre
10.10.4 Home Care
10.10.5 Other
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 Noninvasive Pulse Oximeter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Noninvasive Pulse Oximeter 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 Noninvasive Pulse Oximeter Market Size Forecast by Type
11.6.1 Finger Type Pulse Oximeter
11.6.2 Handheld Type Pulse Oximeter
11.6.3 Wrist Pulse Oximeter
11.6.4 Palm 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 Noninvasive Pulse Oximeter Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinics
11.10.3 Medical Health Centre
11.10.4 Home Care
11.10.5 Other
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 Noninvasive Pulse Oximeter Analysis and Forecast
12.1 Introduction
12.2 Latin America Noninvasive Pulse Oximeter 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 Noninvasive Pulse Oximeter Market Size Forecast by Type
12.6.1 Finger Type Pulse Oximeter
12.6.2 Handheld Type Pulse Oximeter
12.6.3 Wrist Pulse Oximeter
12.6.4 Palm 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 Noninvasive Pulse Oximeter Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinics
12.10.3 Medical Health Centre
12.10.4 Home Care
12.10.5 Other
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) Noninvasive Pulse Oximeter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Noninvasive Pulse Oximeter 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) Noninvasive Pulse Oximeter Market Size Forecast by Type
13.6.1 Finger Type Pulse Oximeter
13.6.2 Handheld Type Pulse Oximeter
13.6.3 Wrist Pulse Oximeter
13.6.4 Palm 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) Noninvasive Pulse Oximeter Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinics
13.10.3 Medical Health Centre
13.10.4 Home Care
13.10.5 Other
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 Noninvasive Pulse Oximeter Market: Competitive Dashboard
14.2 Global Noninvasive Pulse Oximeter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nonin Medical
14.3.2 Medtronic
14.3.3 Philips
14.3.4 GE Healthcare
14.3.5 Delta Electronics
14.3.6 Smiths Medical
14.3.7 Acare Technology
14.3.8 Sensoronics
14.3.9 Yuwell
14.3.10 Masimo
14.3.11 Vyaire Medical
14.3.12 Omron
14.3.13 Welch Allyn
14.3.14 Opto Circuits
14.3.15 Tianjin Chase Sun Pharmaceutical
14.3.16 Medke
14.3.17 Heal Force Bio-Meditech Holdings
14.3.18 Devon Medical
