Market Overview:
The global regional oximeter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The disposable sensor segment is expected to dominate the market in terms of revenue share, followed by reusable sensor segments, during the forecast period. The hospital application segment is expected to dominate the market in terms of revenue share, followed by clinic and others application segments during the forecast period. North America dominates the global regional oximeter market with highest revenue share in 2018 and it is projected to maintain its dominance throughout 2030.
Product Definition:
A regional oximeter is a medical device that is used to measure the oxygen levels in a specific area of the body. This device can be used to help diagnose and treat various health conditions.
Reusable Sensor:
Reusable sensor is a device that is used for measuring the oxygen saturation level of blood in human body. The most commonly used sensors are pulse oximeters which are also known as hemoglobin sensors. These sensors work on the principle of oxidation and reduction of ferrous (Fe2+) and non-ferrous (non-metal) ions in blood by interfacing with oxygenated and deoxygenated hemoglobin respectively.
Disposable Sensor:
Disposable sensors are used in oximeters to measure the oxygen saturation level of blood. They are available as a single-use or pre-filled disposable sensor, which is mounted on an adhesive substrate and fixed over the probe of an oximeter. The light from a normal LED or LCD display is shined on this sensor to obtain its response.
These sensors can be programmed using two methods; one is through software and other is through hardware (microcontroller).
Application Insights:
The others segment includes home healthcare, critical care settings and transportation facilities. The use of oximeters in clinics, hospitals and other medical facilities is expected to witness significant growth over the forecast period owing to its benefits such as ease of use, non-invasive measurement and patient education.
The global hospital segment dominated the market in 2017 due to a large number of end-users including clinics or primary healthcare centers that provide sub-standard care for patients with cardiac disorders. These devices help monitor a patient¢â‚¬â„¢s pulse rate which helps determine if they are having any symptoms related to low blood oxygen levels such as shortness of breath or fainting. In addition, these devices also aid in educating patients about their condition by providing them with information regarding their body temperature which is displayed on an LCD screen along with the pulse rate reading.
Regional Analysis:
North America dominated the global market in 2017 owing to favorable reimbursement policies, increasing healthcare expenditure, and rising awareness about COVID-19. The U.S., which is at the forefront of OxiMed’s revenue generation in North America, has witnessed a significant increase in demand for O2 sensors since 2016 due to an outbreak of COVID-19 pandemic across country.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure and growing patient awareness regarding treatment options available for respiratory diseases such as COPD or asthma attacks. Moreover, countries like India are focusing on developing novel therapeutics by using cell cultures derived from human pluripotent stem cells that will help them produce drugs faster than other countries do now (Ref: Stem Cell Therapy). These factors are anticipated to boost regional market growth during the forecast period from 2018 To 2030 (2020 - 2031).
Growth Factors:
- Increasing demand for minimally invasive surgeries: Regional oximeters are increasingly being used in minimally invasive surgeries to provide accurate real-time information about the oxygen saturation of blood in different parts of the body. This is driving the growth of the regional oximeter market.
- Growing popularity of portable devices: Regional oximeters are becoming increasingly popular due to their portability and easy-to-use features. This is helping to drive the growth of the regional oximeter market.
- Rising incidence of chronic diseases: The incidence of chronic diseases such as cancer, heart disease, and respiratory disorders is rising globally, which is leading to an increase in demand for regional oximeters as these devices can help monitor oxygen levels accurately in patients with chronic illnesses.
- Technological advancements: The development and commercialization of new technologies such as wireless connectivity and cloud computing are aiding the growth prospects for regional oximeters by making them more user-friendly and efficient respectively .This is helping to fuel demand for these devices globally . 5)Growing awareness about benefits offered by regional oximeters: There has been a growing awareness among healthcare professionals about benefits offered by using regionaloximetry during surgery or other medical procedures
Scope Of The Report
Report Attributes
Report Details
Report Title
Regional Oximeter Market Research Report
By Type
Reusable Sensor, Disposable Sensor
By Application
Hospital, Clinic, Others
By Companies
GE, Koninklijke Philips N.V., Drägerwerk AG & Co. KGaA, Nonin Medical Inc., Smiths Medical, Spacelabs Healthcare Inc., Nihon Kohden Corporation, Halma Plc, Contec Medical Systems Co. Ltd., Medtronic plc, Opto Circuits India Ltd., Edwards Lifesciences Corporation
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Regional Oximeter Market Report Segments:
The global Regional Oximeter market is segmented on the basis of:
Types
Reusable Sensor, Disposable Sensor
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, Clinic, Others
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:
- GE
- Koninklijke Philips N.V.
- Drägerwerk AG & Co. KGaA
- Nonin Medical Inc.
- Smiths Medical
- Spacelabs Healthcare Inc.
- Nihon Kohden Corporation
- Halma Plc
- Contec Medical Systems Co. Ltd.
- Medtronic plc
- Opto Circuits India Ltd.
- Edwards Lifesciences Corporation
Highlights of The Regional 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:
- Reusable Sensor
- Disposable Sensor
- By Application:
- Hospital
- Clinic
- Others
- 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 Regional 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 regional oximeter is a medical device that measures oxygen levels in the blood. It is used to diagnose and monitor conditions such as heart disease, stroke, and lung cancer.
Some of the key players operating in the regional oximeter market are GE, Koninklijke Philips N.V., Dr¤gerwerk AG & Co. KGaA, Nonin Medical Inc., Smiths Medical, Spacelabs Healthcare Inc., Nihon Kohden Corporation, Halma Plc, Contec Medical Systems Co. Ltd., Medtronic plc, Opto Circuits India Ltd., Edwards Lifesciences Corporation.
The regional 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 Regional 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 Regional Oximeter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Regional 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 Regional 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 Regional Oximeter Market Size & Forecast, 2020-2028
4.5.1 Regional Oximeter Market Size and Y-o-Y Growth
4.5.2 Regional 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 Reusable Sensor
5.2.2 Disposable Sensor
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 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Regional 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 Regional 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 Reusable Sensor
9.6.2 Disposable Sensor
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 Clinic
9.10.3 Others
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 Reusable Sensor
10.6.2 Disposable Sensor
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 Clinic
10.10.3 Others
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 Reusable Sensor
11.6.2 Disposable Sensor
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 Clinic
11.10.3 Others
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 Reusable Sensor
12.6.2 Disposable Sensor
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 Clinic
12.10.3 Others
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 Reusable Sensor
13.6.2 Disposable Sensor
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 Clinic
13.10.3 Others
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 Regional Oximeter Market: Competitive Dashboard
14.2 Global Regional Oximeter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE
14.3.2 Koninklijke Philips N.V.
14.3.3 Drägerwerk AG & Co. KGaA
14.3.4 Nonin Medical Inc.
14.3.5 Smiths Medical
14.3.6 Spacelabs Healthcare Inc.
14.3.7 Nihon Kohden Corporation
14.3.8 Halma Plc
14.3.9 Contec Medical Systems Co. Ltd.
14.3.10 Medtronic plc
14.3.11 Opto Circuits India Ltd.
14.3.12 Edwards Lifesciences Corporation
