Market Overview:
The global oxymeter market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of respiratory diseases, rising geriatric population, and technological advancements in oximeters. Based on type, the disposable sensor segment is expected to account for the largest share of the global oxymeter market in 2018. This segment is also projected to grow at a higher CAGR than other segments during the forecast period. The large share and high growth rate of this segment are attributed to factors such as growing awareness about hygiene and increasing demand for portable devices. Based on application, hospitals are estimated to account for the largest share of the global oxymeter market in 2018.
Product Definition:
An oxymeter is a medical device that measures the amount of oxygen in a patient's blood. The device is often used to monitor patients with respiratory problems, such as pneumonia or asthma, to ensure that they are getting enough oxygen.
Disposable Sensor:
Disposable sensors are used in clinical and laboratory applications to measure blood pressure, pulse rate, body temperature, and other physical parameters. Technological advancements have led to the development of disposable sensors that can be used for a longer duration with no maintenance or replacement needs. These advanced products are cost-effective as compared to conventional ones owing to their low material usage & manufacturing costs along with easy disposal & handling features.
Reusable Sensors:
Reusable sensors are used in oximeters for measuring the blood oxygen level. The most commonly used sensor is a platinum-cobalt alloy, which has two advantages over conventional ones: it is less affected by temperature changes and can be reused.
The major factor that propels the growth of reusable sensor market includes increasing demand for point of care devices coupled with growing emphasis on reducing hospital stays to curb healthcare expenditure.
Application Insights:
The hospital segment dominated the global oxymeter market in 2017 and is expected to witness significant growth over the forecast period. The increasing prevalence of cardiovascular diseases, respiratory disorders, and infectious diseases has led to an increase in hospital admissions across the globe. As a result, manufacturers are focusing on developing products that can measure these parameters at hospitals so that they can be managed effectively.
In addition, an increase in healthcare spending as a proportion of GDP has resulted in countries such as China and India where oximeters are used for measuring blood oxygen saturation levels during cardiopulmonary resuscitation (CPR) training by healthcare professionals. This is expected to drive demand for oximeters at ambulatory surgical centers over the forecast period due to their ability to provide real-time data during medical procedures thereby reducing human errors associated with traditional methods of monitoring vital signs while performing CPR or other emergency procedures.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare expenditure levels. The region is expected to continue its dominance over the forecast period due to continuous technological advancements and increasing demand for minimally invasive surgeries.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising geriatric population, improving economic conditions and growing medical tourism in emerging countries such as China, India and Thailand. In addition, rapidly developing healthcare infrastructure along with increasing disposable income will boost market growth during this period.
Growth Factors:
- Increasing prevalence of respiratory diseases: The global prevalence of respiratory diseases is increasing rapidly. This is mainly due to the changing lifestyle and environmental conditions. Respiratory diseases are one of the leading causes of death worldwide. In order to diagnose and treat these diseases, physicians need accurate information about the patient's oxygen levels. Hence, there is a growing demand for oximeters in the market.
- Technological advancements: The oximeter market is witnessing rapid technological advancements with new products being launched regularly in the marketplaces These products are becoming more user-friendly and offer better accuracy than their predecessors They are also becoming more affordable, making them accessible to a wider population base
Scope Of The Report
Report Attributes
Report Details
Report Title
Oxymeter 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, Contec, 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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Oxymeter Market Report Segments:
The global Oxymeter 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 MedicalÂ
- Smiths Medical
- Nihon-Kohden
- PhilipsÂ
- GE Healthcare
- Konica Minolta
- Mindray
- Heal Force
- Contec
- Jerry Medical
- Solaris
Highlights of The Oxymeter 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 Oxymeter 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:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Oxymeter is a device that measures the oxygen saturation of blood.
Some of the key players operating in the oxymeter market are Masimo, Medtronic, Nonin Medical‚Â , Smiths Medical, Nihon-Kohden, Philips‚Â , GE Healthcare, Konica Minolta, Mindray, Heal Force, Contec, Jerry Medical, Solaris.
The oxymeter market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oxymeter Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Oxymeter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Oxymeter Market - Supply Chain
4.5. Global Oxymeter Market Forecast
4.5.1. Oxymeter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Oxymeter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Oxymeter Market Absolute $ Opportunity
5. Global Oxymeter Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Oxymeter Market Size and Volume Forecast by Type
5.3.1. Disposable Sensor
5.3.2. Reusable Sensors
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Oxymeter Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Oxymeter Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Ambulatory Surgical Center
6.3.3. Home Care
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Oxymeter Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Oxymeter Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Oxymeter Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Oxymeter Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Oxymeter Demand Share Forecast, 2019-2026
9. North America Oxymeter Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Oxymeter Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Oxymeter Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Ambulatory Surgical Center
9.4.3. Home Care
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Oxymeter Market Size and Volume Forecast by Type
9.7.1. Disposable Sensor
9.7.2. Reusable Sensors
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Oxymeter Demand Share Forecast, 2019-2026
10. Latin America Oxymeter Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Oxymeter Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Oxymeter Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Ambulatory Surgical Center
10.4.3. Home Care
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Oxymeter Market Size and Volume Forecast by Type
10.7.1. Disposable Sensor
10.7.2. Reusable Sensors
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Oxymeter Demand Share Forecast, 2019-2026
11. Europe Oxymeter Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Oxymeter Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Oxymeter Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Ambulatory Surgical Center
11.4.3. Home Care
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Oxymeter Market Size and Volume Forecast by Type
11.7.1. Disposable Sensor
11.7.2. Reusable Sensors
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Oxymeter Demand Share, 2019-2026
12. Asia Pacific Oxymeter Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Oxymeter Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Oxymeter Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Ambulatory Surgical Center
12.4.3. Home Care
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Oxymeter Market Size and Volume Forecast by Type
12.7.1. Disposable Sensor
12.7.2. Reusable Sensors
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Oxymeter Demand Share, 2019-2026
13. Middle East & Africa Oxymeter Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Oxymeter Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Oxymeter Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Ambulatory Surgical Center
13.4.3. Home Care
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Oxymeter Market Size and Volume Forecast by Type
13.7.1. Disposable Sensor
13.7.2. Reusable Sensors
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Oxymeter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Oxymeter Market: Market Share Analysis
14.2. Oxymeter Distributors and Customers
14.3. Oxymeter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Masimo
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Medtronic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nonin Medical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Smiths Medical
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nihon-Kohden
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Philips
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GE Healthcare
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Konica Minolta
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mindray
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Heal Force
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Contec
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jerry Medical
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Solaris
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
