Pulse Oximeter Market Size by Type (Fingertip Pulse Oximeters, Handheld Pulse Oximeters, Wrist-worn Pulse Oximeters and Others), By Sensor Type (Reusable and Disposable), By End-Use (Hospitals and Clinics, Ambulatory Surgery Centers, Home Healthcare and Others), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2023-2028
The Pulse Oximeter Market is expected to be around US$ 2.30 Billion by 2028 at a CAGR of 10% in the given forecast period.
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Major Players
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
10
REPORT DESCRIPTION
The Pulse Oximeter Market is expected to be around US$ 2.30 Billion by 2028 at a CAGR of 10% in the given forecast period.
The rising prevalence of chronic medical ailments, coupled with the increasing geriatric population, is one of the major factors accelerating the growth of the market. Moreover, rising preference for non-invasive medical devices and procedures by both patients and healthcare providers is also propelling the market growth. In addition to this, several technological advancements, including the improvements in microprocessor technology, light-emitting diodes and photoelectric sensors for enhanced precision and reliability of pulse oximeters, are acting as other growth-inducing factors. Few other factors are growing healthcare expenditures, the integration of oximeters with artificial intelligence (AI) and the advent of variants which are compatible with Android and Apple operating systems for maintaining electronic medical records (EMR), are anticipated to propel the market further.
The global Pulse Oximeter market is segregated on the basis of Type as Fingertip Pulse Oximeters, Handheld Pulse Oximeters, Wrist-worn Pulse Oximeters and Others. Based on Sensor Type the global Pulse Oximeter market is segmented in Reusable and Disposable. Based on End-Use the global Pulse Oximeter market is segmented in Hospitals and Clinics, Ambulatory Surgery Centers, Home Healthcare and Others.
The global Pulse Oximeter market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Pulse Oximeter market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Medtronic (Covidien), Carefusion Corp., GE Healthcare, Philips Healthcare, Johns Hopkins Medicines, Masimo, CAS Medical Systems, Inc., Opto Circuits India Ltd., Nonin Medical, Inc., Smiths Medical, Welch Allyn, Spacelabs Healthcare, Meditech Equipment Co., Nihon Kohden Corporation, Novartise, and others are among the major players in the global Pulse Oximeter market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Pulse Oximeter Market has been segmented as below:
Pulse Oximeter Market, By Type
Pulse Oximeter Market, By Sensor Type
Pulse Oximeter Market, By End-Use
Pulse Oximeter Market, By Region
Pulse Oximeter Market, By Company
The report covers:
Report Scope:
The global Pulse Oximeter market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Pulse Oximeter market share. Major industry players with significant revenue share include Medtronic (Covidien), Carefusion Corp., GE Healthcare, Philips Healthcare, Johns Hopkins Medicines, Masimo, CAS Medical Systems, Inc., Opto Circuits India Ltd., Nonin Medical, Inc., Smiths Medical, Welch Allyn, Spacelabs Healthcare, Meditech Equipment Co., Nihon Kohden Corporation, Novartise, and others.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Market Research Process
2.3. Research Data Analysis
2.3.1.1. Secondary Research
2.3.1.2. Primary Research
2.3.1.3. Models for Estimation
2.4. Market Size Estimation
2.4.1. Bottom-Up Approach- Segmental Market Analysis
2.4.2. Top-Down Approach- Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1. Introduction
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. Porter's Five Force Analysis
5. Pulse Oximeter Market, By Type
5.1. Introduction
5.2. Fingertip Pulse Oximeters
5.2.1. Market Overview
5.2.2. Market Size and Forecast
5.3. Handheld Pulse Oximeters
5.3.1. Market Overview
5.3.2. Market Size and Forecast
5.4. Wrist-worn Pulse Oximeters
5.4.1. Market Overview
5.4.2. Market Size and Forecast
5.5. Others
5.5.1. Market Overview
5.5.2. Market Size and Forecast
6. Pulse Oximeter Market, By Sensor Type
6.1. Introduction
6.2. Reusable
6.2.1. Market Overview
6.2.2. Market Size and Forecast
6.3. Disposable
6.3.1. Market Overview
6.3.2. Market Size and Forecast
7. Pulse Oximeter Market, By End-Use
7.1. Introduction
7.2. Hospitals and Clinics
7.2.1. Market Overview
7.2.2. Market Size and Forecast
7.3. Ambulatory Surgery Centers
7.3.1. Market Overview
7.3.2. Market Size and Forecast
7.4. Home Healthcare
7.4.1. Market Overview
7.4.2. Market Size and Forecast
7.5. Others
7.5.1. Market Overview
7.5.2. Market Size and Forecast
8. Pulse Oximeter Market, By Geography
8.1. Introduction
8.2. North America
8.2.1. North America Pulse Oximeter, By Type
8.2.2. North America Pulse Oximeter, By Sensor Type
8.2.3. North America Pulse Oximeter, By End-Use
8.3. Europe
8.3.1. Europe Pulse Oximeter, By Type
8.3.2. Europe Pulse Oximeter, By Sensor Type
8.3.3. Europe Pulse Oximeter, By End-Use
8.4. Asia-Pacific
8.4.1. Asia-Pacific Pulse Oximeter, By Type
8.4.2. Asia-Pacific Pulse Oximeter, By Sensor Type
8.4.3. Asia-Pacific Pulse Oximeter, By End-Use
8.5. Rest of the World
8.5.1. Rest of the World Pulse Oximeter, By Type
8.5.2. Rest of the World Pulse Oximeter, By Sensor Type
8.5.3. Rest of the World Pulse Oximeter, By End-Use
9. Competitive Insights
9.1. Key Insights
9.2. Company Market Share Analysis
9.3. Strategic Outlook
9.3.1. Mergers & Acquisitions
9.3.2. New Product Developments
9.3.3. Portfolio/Production Capacity Expansions
9.3.4. Joint Ventures, Collaborations, Partnerships & Agreements
9.3.5. Others
10. Company Profiles
10.1. Medtronic (Covidien)
10.1.1. Company Overview
10.1.2. Product/Service Landscape
10.1.3. Financial Overview
10.1.4. Recent Developments
10.2. Carefusion Corp.
10.2.1. Company Overview
10.2.2. Product/Service Landscape
10.2.3. Financial Overview
10.2.4. Recent Developments
10.3. GE Healthcare
10.3.1. Company Overview
10.3.2. Product/Service Landscape
10.3.3. Financial Overview
10.3.4. Recent Developments
10.4. Philips Healthcare
10.4.1. Company Overview
10.4.2. Product/Service Landscape
10.4.3. Financial Overview
10.4.4. Recent Developments
10.5. Johns Hopkins Medicines
10.5.1. Company Overview
10.5.2. Product/Service Landscape
10.5.3. Financial Overview
10.5.4. Recent Developments
10.6. Masimo
10.6.1. Company Overview
10.6.2. Product/Service Landscape
10.6.3. Financial Overview
10.6.4. Recent Developments
10.7. CAS Medical Systems, Inc.
10.7.1. Company Overview
10.7.2. Product/Service Landscape
10.7.3. Financial Overview
10.7.4. Recent Developments
10.8. Opto Circuits India Ltd.
10.8.1. Company Overview
10.8.2. Product/Service Landscape
10.8.3. Financial Overview
10.8.4. Recent Developments
10.9. Nonin Medical, Inc.
10.9.1. Company Overview
10.9.2. Product/Service Landscape
10.9.3. Financial Overview
10.9.4. Recent Developments
10.10. Smiths Medical
10.10.1. Company Overview
10.10.2. Product/Service Landscape
10.10.3. Financial Overview
10.10.4. Recent Developments
10.11. Welch Allyn
10.11.1. Company Overview
10.11.2. Product/Service Landscape
10.11.3. Financial Overview
10.11.4. Recent Developments
10.12. Spacelabs Healthcare
10.12.1. Company Overview
10.12.2. Product/Service Landscape
10.12.3. Financial Overview
10.12.4. Recent Developments
10.13. Meditech Equipment Co.
10.13.1. Company Overview
10.13.2. Product/Service Landscape
10.13.3. Financial Overview
10.13.4. Recent Developments
10.14. Nihon Kohden Corporation
10.14.1. Company Overview
10.14.2. Product/Service Landscape
10.14.3. Financial Overview
10.14.4. Recent Developments
10.15. Novartise
10.15.1. Company Overview
10.15.2. Product/Service Landscape
10.15.3. Financial Overview
10.15.4. Recent Developments
The Pulse Oximeter Market has been segmented as below:
Pulse Oximeter Market, By Type
Pulse Oximeter Market, By Sensor Type
Pulse Oximeter Market, By End-Use
Pulse Oximeter Market, By Region
Pulse Oximeter Market, By Company
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