Market By Component, Industrial Vertical And Region | Forecast 2019-2028
According to an analysis by Triton Market Research, the pulse oximeter market in North America is likely to augment at a CAGR of 5.21% over the forthcoming period between 2019 and 2028.
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The countries evaluated in the North American pulse oximeter market are:
• Canada
• United States
Disorders like peripheral vascular diseases, peripheral arterial disease, and congenital heart disease in infants affect the pulse negatively. North America has a high occurrence of PAD (peripheral arterial disease). It is reported that the estimated birth prevalence of CHD (congenital heart disease) in the US is nearly 8 to 10 per 1000 live births. The survival rate of patients affected by these diseases majorly depends on their severity, diagnosis time and efficient treatment method. Early diagnosis is a very important factor in reducing the risk of mortality in such cases. These factors are likely to increase the use of pulse oximeters in newborn screening in North America.
Congenital heart disease is one of the most common birth defects observed in the US. This disease accounts for nearly 30% of infant deaths every year in the country. Pulse oximeter screening can be used to detect the abnormality in the first few weeks of life of the infants, thereby avoiding the risk of serious complications. This factor has resulted in making pulse oximetry screening mandatory in newborns before discharge. The recent widespread COVID-19, which is a respiratory illness, is also fueling the demand for pulse oximeters. This is likely to influence the regional market growth over the coming years.
Incorporated in 1989, Masimo is a medical technology company involved in developing, manufacturing and marketing non-invasive patient monitoring technologies. SET (Signal Extraction Technology) is a leading technology provided by the company that helps in detecting life-threatening events. The company has a wide product portfolio, including patient monitors, patient cables, pulse oximeters, central monitoring systems, circuit boards, specialty sensors, remote-alarm and monitoring solutions. It is headquartered in Irvine, California, the US.
1. NORTH AMERICA PULSE OXIMETER MARKET – SUMMARY
2. INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. PORTER’S FIVE FORCES MODEL
2.2.1. THREAT OF NEW ENTRANTS
2.2.2. THREAT OF SUBSTITUTE PRODUCTS
2.2.3. BARGAINING POWER OF BUYERS
2.2.4. BARGAINING POWER OF SUPPLIERS
2.2.5. COMPETITIVE RIVALRY
2.3. KEY INSIGHT
2.4. MARKET ATTRACTIVENESS INDEX
2.5. POLITICAL & LEGAL, ECONOMIC AND TECHNOLOGICAL OUTLOOK
2.6. UTILIZATION OF PULSE OXIMETER IN COVID-19 MONITORING
2.7. VENDOR SCORECARD
2.8. MARKET DRIVERS
2.8.1. SURGING HEALTHCARE SPENDING
2.8.2. GROWING AGING POPULATION
2.9. MARKET RESTRAINTS
2.9.1. SMALL PLAYERS OFFERING LOW-COST, POOR QUALITY DEVICES
2.9.2. LACK OF COGNIZANCE CONCERNING THE USAGE OF PULSE OXIMETER
2.10. MARKET OPPORTUNITIES
2.10.1. SURGING PREVALENCE OF RESPIRATORY DISEASES
2.10.2. INCREASING DEMAND FOR PORTABLE PULSE OXIMETER
2.11. MARKET CHALLENGE
2.11.1. STRINGENT REGULATION
3. NORTH AMERICA PULSE OXIMETER MARKET OUTLOOK - BY COMPONENT
3.1. TABLE-TOP/BEDSIDE PULSE OXIMETER
3.2. FINGERTIP PULSE OXIMETER
3.3. HANDHELD PULSE OXIMETER
3.4. PEDIATRIC PULSE OXIMETER
3.5. WRIST-WORN PULSE OXIMETER
4. NORTH AMERICA PULSE OXIMETER MARKET OUTLOOK - BY INDUSTRY VERTICAL
4.1. HOSPITALS & OTHER HEALTHCARE FACILITIES
4.2. HOMECARE
5. GEOGRAPHICAL ANALYSIS - NORTH AMERICA
5.1. THE UNITED STATES
5.2. CANADA
6. COMPANY PROFILES
6.1. GE HEALTHCARE (GENERAL ELECTRIC COMPANY)
6.2. INVACARE CORPORATION
6.3. OMRON CORPORATION
6.4. NIHON KOHDEN CORPORATION
6.5. SMITHS MEDICAL GROUP LIMITED
6.6. ZENSORIUM
6.7. BD (BECTON, DICKINSON AND COMPANY)
6.8. WELCH ALLYN
6.9. NONIN
6.10. OPTO CIRCUITS LIMITED
6.11. MASIMO
6.12. KONINKLIJKE PHILIPS NV
6.13. SPACELABS HEALTHCARE
6.14. CAS MEDICAL SYSTEMS INC (ACQUIRED BY EDWARDS LIFESCIENCES)
6.15. MEDTRONIC
7. RESEARCH METHODOLOGY & SCOPE
7.1. RESEARCH SCOPE & DELIVERABLES
7.1.1. OBJECTIVES OF STUDY
7.1.2. SCOPE OF STUDY
7.2. SOURCES OF DATA
7.2.1. PRIMARY DATA SOURCES
7.2.2. SECONDARY DATA SOURCES
7.3. RESEARCH METHODOLOGY
7.3.1. EVALUATION OF PROPOSED MARKET
7.3.2. IDENTIFICATION OF DATA SOURCES
7.3.3. ASSESSMENT OF MARKET DETERMINANTS
7.3.4. DATA COLLECTION
7.3.5. DATA VALIDATION & ANALYSIS
TABLE 1 NORTH AMERICA PULSE OXIMETER MARKET, BY COUNTRY, 2019-2028 ($ MILLION)
TABLE 2 NORTH AMERICA PULSE OXIMETER MARKET, BY COMPONENT, 2019-2028 ($ MILLION)
TABLE 3 NORTH AMERICA PULSE OXIMETER MARKET, BY INDUSTRY VERTICAL, 2019-2028 ($ MILLION)
TABLE 4 NORTH AMERICA PULSE OXIMETER MARKET, BY COUNTRY, 2019-2028 ($ MILLION)
FIGURE 1 NORTH AMERICA PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 2 PORTER’S FIVE FORCE ANALYSIS
FIGURE 3 COMPLICATIONS ASSOCIATED WITH COPD
FIGURE 4 NORTH AMERICA PULSE OXIMETER MARKET, BY COMPONENT, 2019-2028 ($ MILLION)
FIGURE 5 NORTH AMERICA PULSE OXIMETER MARKET, BY TABLE-TOP/BEDSIDE PULSE OXIMETER, 2019-2028 ($ MILLION)
FIGURE 6 NORTH AMERICA PULSE OXIMETER MARKET, BY FINGERTIP PULSE OXIMETER, 2019-2028 ($ MILLION)
FIGURE 7 NORTH AMERICA PULSE OXIMETER MARKET, BY HANDHELD PULSE OXIMETER, 2019-2028 ($ MILLION)
FIGURE 8 NORTH AMERICA PULSE OXIMETER MARKET, BY PEDIATRIC PULSE OXIMETER, 2019-2028 ($ MILLION)
FIGURE 9 NORTH AMERICA PULSE OXIMETER MARKET, BY WRIST-WORN PULSE OXIMETER, 2019-2028 ($ MILLION)
FIGURE 10 NORTH AMERICA PULSE OXIMETER MARKET, BY INDUSTRY VERTICAL, 2019-2028 ($ MILLION)
FIGURE 11 NORTH AMERICA PULSE OXIMETER MARKET, BY HOSPITALS & OTHER HEALTHCARE FACILITIES, 2019-2028 ($ MILLION)
FIGURE 12 NORTH AMERICA PULSE OXIMETER MARKET, BY HOMECARE, 2019-2028 ($ MILLION)
FIGURE 13 THE UNITED STATES PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 14 RESPIRATORY ILLNESSES AND DISEASES IN THE UNITED STATES
FIGURE 15 CANADA PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 16 PREVALENCE OF ASTHMA IN CANADA, BY AGE GROUP, 2017 & 2018 (%)