Market Overview:
The global pulse oximetry market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of respiratory diseases, growing geriatric population, and technological advancements in pulse oximetry devices. Based on type, the global pulse oximetry market is segmented into fingertip pulse oximetry, handheld pulse oximetry, and wrist-worn pulse oximetry. The handheld Pulse Oximeter segment is expected to grow at a higher CAGR during the forecast period owing to its features such as portability and low power consumption. Based on application, the global Pulse Oximeter market is segmented into hospital care settings, ambulatory surgical center care settings, and home care settings.
Product Definition:
A pulse oximetry is a noninvasive method to estimate the arterial oxygen saturation of hemoglobin in an individual's blood. This information can be used to monitor an individual's oxygenation status, particularly during anesthesia and surgery.
Fingertip Pulse Oximetry:
Fingertip pulse oximetry is a non-invasive technique that measures the oxygen level in blood by using a finger to apply pressure on the skin. The technology uses an optical fiber, which is laid across the finger to be measured and then transmitted back to an electronic device for processing.
The market estimates & forecasts have been provided by IGI, Inc.
Handheld Pulse Oximetry:
Handheld pulse oximeters are medical devices used to measure the oxygen saturation level in patients. The device is a two-in-one device that consists of an oximeter and a light source, which can be held in the palm of your hand. It provides fast and accurate results as compared to other conventional methods such as manual measurement or non-contact hemoglobinometry techniques.
Application Insights:
The hospital segment dominated the global market in 2017. The growing prevalence of cardiovascular diseases, respiratory disorders, and trauma cases has led to an increased number of patients visiting hospitals. In addition, a rise in military deployment and road accidents have resulted in an increased number of patients with pulse oximetry monitoring requirements at hospitals across the world. This is expected to drive demand for devices over the forecast period.
The ambulatory surgical center (ASC) segment is anticipated to exhibit a CAGR exceeding 7% from 2018 to 2030 owing to increasing awareness about pulse oximeter among ASC providers and consumers worldwide.
Regional Analysis:
North America dominated the global market in 2017 owing to a rise in the prevalence of chronic diseases, such as cardiovascular disorders and diabetes. According to data published by CDC, around 60 million people suffer from heart-related disorders in the U.S., which require them to be constantly monitored with pulse oximeters. Moreover, technological advancements and high healthcare expenditure are also contributing toward market growth in this region.
Asia Pacific is expected to grow at a lucrative rate over the forecast period due to factors such as improving healthcare infrastructure.
Growth Factors:
- Increasing prevalence of respiratory diseases and other chronic disorders
- Rising geriatric population
- Growing demand for point-of-care diagnostics
- Technological advancements in pulse oximetry devices
- Increasing awareness about the benefits of pulse oximetry
Scope Of The Report
Report Attributes
Report Details
Report Title
Pulse Oximetry Market Research Report
By Type
Fingertip Pulse Oximetry, Handheld Pulse Oximetry, Wrist-Worn Pulse Oximetry
By Application
Hospital, Ambulatory Surgical Center, Home Care
By Companies
GE Healthcare, Philips, Smiths Medical, Nonin Medical, Covidien, Masimo, Delta Electronics, Acare Technology, Konica Minolta, Spencer, Solaris, Contec, Yuwell, ChoiceMMed, Heal Force, Biolight, Edan, Mindray, Jiangsu Avic, Creative Medical, Uray Medical, Wuhan Strong, Utech, Jerry Medical Instrument, General Meditech, Medzone
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Pulse Oximetry Market Report Segments:
The global Pulse Oximetry market is segmented on the basis of:
Types
Fingertip Pulse Oximetry, Handheld Pulse Oximetry, Wrist-Worn Pulse Oximetry
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:
- GE Healthcare
- Philips
- Smiths Medical
- Nonin Medical
- Covidien
- Masimo
- Delta Electronics
- Acare Technology
- Konica Minolta
- Spencer
- Solaris
- Contec
- Yuwell
- ChoiceMMed
- Heal Force
- Biolight
- Edan
- Mindray
- Jiangsu Avic
- Creative Medical
- Uray Medical
- Wuhan Strong
- Utech
- Jerry Medical Instrument
- General Meditech
- Medzone
Highlights of The Pulse Oximetry 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 Pulse Oximetry
- Handheld Pulse Oximetry
- Wrist-Worn Pulse Oximetry
- 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 Pulse Oximetry 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?
Pulse oximetry is a technique that measures the oxygen levels in a person's blood. It is used to determine if someone has low oxygen levels and needs medical attention.
Some of the key players operating in the pulse oximetry market are GE Healthcare, Philips, Smiths Medical, Nonin Medical, Covidien, Masimo, Delta Electronics, Acare Technology, Konica Minolta, Spencer, Solaris, Contec, Yuwell, ChoiceMMed, Heal Force, Biolight, Edan, Mindray, Jiangsu Avic, Creative Medical, Uray Medical, Wuhan Strong, Utech, Jerry Medical Instrument, General Meditech, Medzone.
The pulse oximetry market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pulse Oximetry 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. Pulse Oximetry Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pulse Oximetry Market - Supply Chain
4.5. Global Pulse Oximetry Market Forecast
4.5.1. Pulse Oximetry Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pulse Oximetry Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pulse Oximetry Market Absolute $ Opportunity
5. Global Pulse Oximetry 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. Pulse Oximetry Market Size and Volume Forecast by Type
5.3.1. Fingertip Pulse Oximetry
5.3.2. Handheld Pulse Oximetry
5.3.3. Wrist-Worn Pulse Oximetry
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pulse Oximetry 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. Pulse Oximetry 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 Pulse Oximetry 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. Pulse Oximetry 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 Pulse Oximetry 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. Pulse Oximetry 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 Pulse Oximetry Demand Share Forecast, 2019-2026
9. North America Pulse Oximetry 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 Pulse Oximetry 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 Pulse Oximetry 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 Pulse Oximetry Market Size and Volume Forecast by Type
9.7.1. Fingertip Pulse Oximetry
9.7.2. Handheld Pulse Oximetry
9.7.3. Wrist-Worn Pulse Oximetry
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 Pulse Oximetry Demand Share Forecast, 2019-2026
10. Latin America Pulse Oximetry 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 Pulse Oximetry 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 Pulse Oximetry 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 Pulse Oximetry Market Size and Volume Forecast by Type
10.7.1. Fingertip Pulse Oximetry
10.7.2. Handheld Pulse Oximetry
10.7.3. Wrist-Worn Pulse Oximetry
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 Pulse Oximetry Demand Share Forecast, 2019-2026
11. Europe Pulse Oximetry 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 Pulse Oximetry 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 Pulse Oximetry 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 Pulse Oximetry Market Size and Volume Forecast by Type
11.7.1. Fingertip Pulse Oximetry
11.7.2. Handheld Pulse Oximetry
11.7.3. Wrist-Worn Pulse Oximetry
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Proections 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 Pulse Oximetry Demand Share, 2019-2026
12. Asia Pacific Pulse Oximetry 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 Pulse Oximetry 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 Pulse Oximetry 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 Pulse Oximetry Market Size and Volume Forecast by Type
12.7.1. Fingertip Pulse Oximetry
12.7.2. Handheld Pulse Oximetry
12.7.3. Wrist-Worn Pulse Oximetry
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 Pulse Oximetry Demand Share, 2019-2026
13. Middle East & Africa Pulse Oximetry 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 Pulse Oximetry 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 Pulse Oximetry 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 Pulse Oximetry Market Size and Volume Forecast by Type
13.7.1. Fingertip Pulse Oximetry
13.7.2. Handheld Pulse Oximetry
13.7.3. Wrist-Worn Pulse Oximetry
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 Pulse Oximetry Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pulse Oximetry Market: Market Share Analysis
14.2. Pulse Oximetry Distributors and Customers
14.3. Pulse Oximetry Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE Healthcare
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Philips
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Smiths 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. Nonin 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. Covidien
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Masimo
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Delta Electronics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Acare Technology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Konica Minolta
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Spencer
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Solaris
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Contec
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Yuwell
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ChoiceMMed
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Heal Force
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Biolight
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Edan
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Mindray
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Jiangsu Avic
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Creative Medical
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
