Market By Component, Industrial Vertical And Region | Forecast 2019-2028
The detailed analysis of the global pulse oximeter market by Triton Market Research shows that, in terms of revenue, the industry is estimated to grow at a CAGR of 5.57% during the forecasting years 2019-2028. The market, which was valued at $1606.9 million in the year 2019, is likely to reach $2616.7 million by 2028. The pulse oximeter is a non-invasive device that is used for monitoring the level of oxygen in patients and their heart rate. These non-invasive devices offer relevant information clinically vis-a-vis the health status of patients during diagnosis and post-surgery management.
Pulse oximeters are increasingly used for monitoring fitness, which is primarily driving the studied market growth. A surge in ambulatory surgical treatment centers across several nations that use monitoring devices routinely has further fueled this growth. However, lack of awareness about these devices in low and middle-income countries is hampering the growth of the pulse oximeter market. Moreover, the usage of the pulse oximeter to detect the novel Coronavirus infection in home care settings has increased the market demand tremendously in 2020.
Report scope can be customized per your requirements. Request For Customization
The surging healthcare spending and the growing aging population are driving the pulse oximeter market growth. However, small players are offering low-cost and poor quality devices, which is restraining the market growth. Lack of cognizance regarding the usage of a pulse oximeter is also another hindrance to the market growth. The market is also facing several challenges, such as the stringent government regulations. Key opportunities like the surging prevalence of respiratory diseases and the increasing demand for portable pulse oximeters can be leveraged by the industry to reach the projected growth.
Geographies covered in the pulse oximeter market by region are:
• North America: United States and Canada
• Europe: United Kingdom, Germany, Italy, Russia, Spain, France and Rest of Europe
• Asia-Pacific: India, Japan, China, South Korea, ASEAN countries, Australia & New Zealand and Rest of Asia-Pacific
• Latin America: Mexico, Brazil and Rest of Latin America
• Middle East and Africa: Turkey, Saudi Arabia, South Africa, United Arab Emirates and Rest of Middle East & Africa
The pulse oximeter market has been segmented as follows:
• By Component
o Wrist-worn Pulse Oximeter
o Pediatric Pulse Oximeter
o Table-top/Bedside Pulse Oximeter
o Fingertip Pulse Oximeter
o Handheld Pulse Oximeter
• By Industry Vertical
o Hospitals & other healthcare services
o Homecare
The key players engaged in the pulse oximeter market are Smiths Medical Group Limited, Welch Allyn, Invacare Corporation, Nonin, BD (Becton, Dickinson and Company), Medtronic, MASIMO, Zensorium, Cas Medical Systems Inc (Acquired by Edwards Lifesciences), Koninklijke Philips NV, GE Healthcare (General Electric Company), Omron Corporation, Opto Circuits Limited, Nihon Kohden Corporation and Spacelabs Healthcare.
The strategic analysis for each of these companies has been covered in detail. The pulse oximeter market by company profiles helps to dive into the information about the key market players in this industry and how much hold they have on the market.
1. GLOBAL 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 CHALLENGES
2.11.1. STRINGENT REGULATION
3. GLOBAL 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. GLOBAL PULSE OXIMETER MARKET OUTLOOK - BY INDUSTRY VERTICAL
4.1. HOSPITALS & OTHER HEALTHCARE FACILITIES
4.2. HOMECARE
5. GEOGRAPHICAL ANALYSIS
5.1. NORTH AMERICA
5.1.1. MARKET BY COMPONENT
5.1.2. MARKET BY INDUSTRY VERTICAL
5.1.3. COUNTRY OUTLOOK
5.1.3.1. THE UNITED STATES
5.1.3.2. CANADA
5.2. EUROPE
5.2.1. MARKET BY COMPONENT
5.2.2. MARKET BY INDUSTRY VERTICAL
5.2.3. COUNTRY OUTLOOK
5.2.3.1. GERMANY
5.2.3.2. FRANCE
5.2.3.3. UNITED KINGDOM
5.2.3.4. ITALY
5.2.3.5. RUSSIA
5.2.3.6. SPAIN
5.2.3.7. REST OF EUROPE
5.3. ASIA-PACIFIC
5.3.1. MARKET BY COMPONENT
5.3.2. MARKET BY INDUSTRY VERTICAL
5.3.3. COUNTRY OUTLOOK
5.3.3.1. JAPAN
5.3.3.2. CHINA
5.3.3.3. INDIA
5.3.3.4. AUSTRALIA & NEW ZEALAND
5.3.3.5. SOUTH KOREA
5.3.3.6. ASEAN COUNTRIES
5.3.3.7. REST OF ASIA-PACIFIC
5.4. LATIN AMERICA
5.4.1. MARKET BY COMPONENT
5.4.2. MARKET BY INDUSTRY VERTICAL
5.4.3. COUNTRY OUTLOOK
5.4.3.1. BRAZIL
5.4.3.2. MEXICO
5.4.3.3. REST OF LATIN AMERICA
5.5. MIDDLE EAST AND AFRICA
5.5.1. MARKET BY COMPONENT
5.5.2. MARKET BY INDUSTRY VERTICAL
5.5.3. COUNTRY OUTLOOK
5.5.3.1. SAUDI ARABIA
5.5.3.2. TURKEY
5.5.3.3. UNITED ARAB EMIRATES
5.5.3.4. SOUTH AFRICA
5.5.3.5. REST OF MIDDLE EAST & AFRICA
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 GLOBAL PULSE OXIMETER MARKET, BY REGION, 2019-2028 ($ MILLION)
TABLE 2 HEALTHCARE EXPENDITURE, BY REGION, 2017
TABLE 3 NUMBER OF PERSONS AGED 65 YEARS OR OVER BY GEOGRAPHIC REGION, 2019 AND 2050
TABLE 4 GLOBAL PULSE OXIMETER MARKET, BY COMPONENT, 2019-2028 ($ MILLION)
TABLE 5 GLOBAL PULSE OXIMETER MARKET, BY INDUSTRY VERTICAL, 2019-2028 ($ MILLION)
TABLE 6 GLOBAL PULSE OXIMETER MARKET, BY REGION, 2019-2028 ($ MILLION)
TABLE 7 NORTH AMERICA PULSE OXIMETER MARKET, BY COMPONENT, 2019-2028 ($ MILLION)
TABLE 8 NORTH AMERICA PULSE OXIMETER MARKET, BY INDUSTRY VERTICAL, 2019-2028 ($ MILLION)
TABLE 9 NORTH AMERICA PULSE OXIMETER MARKET, BY COUNTRY, 2019-2028 ($ MILLION)
TABLE 10 EUROPE PULSE OXIMETER MARKET, BY COMPONENT, 2019-2028 ($ MILLION)
TABLE 11 EUROPE PULSE OXIMETER MARKET, BY INDUSTRY VERTICAL, 2019-2028 ($ MILLION)
TABLE 12 EUROPE PULSE OXIMETER MARKET, BY COUNTRY, 2019-2028 ($ MILLION)
TABLE 13 ASIA-PACIFIC PULSE OXIMETER MARKET, BY COMPONENT, 2019-2028 ($ MILLION)
TABLE 14 ASIA-PACIFIC PULSE OXIMETER MARKET, BY INDUSTRY VERTICAL, 2019-2028 ($ MILLION)
TABLE 15 ASIA-PACIFIC PULSE OXIMETER MARKET, BY COUNTRY, 2019-2028 ($ MILLION)
TABLE 16 LATIN AMERICA PULSE OXIMETER MARKET, BY COMPONENT, 2019-2028 ($ MILLION)
TABLE 17 LATIN AMERICA PULSE OXIMETER MARKET, BY INDUSTRY VERTICAL, 2019-2028 ($ MILLION)
TABLE 18 LATIN AMERICA PULSE OXIMETER MARKET, BY COUNTRY, 2019-2028 ($ MILLION)
TABLE 19 MIDDLE EAST AND AFRICA PULSE OXIMETER MARKET, BY COMPONENT, 2019-2028 ($ MILLION)
TABLE 20 MIDDLE EAST AND AFRICA PULSE OXIMETER MARKET, BY INDUSTRY VERTICAL, 2019-2028 ($ MILLION)
TABLE 21 MIDDLE EAST AND AFRICA PULSE OXIMETER MARKET, BY COUNTRY, 2019-2028 ($ MILLION)
FIGURE 1 GLOBAL PULSE OXIMETER MARKET, BY REGION, 2019-2028 ($ MILLION)
FIGURE 2 PORTER’S FIVE FORCE ANALYSIS
FIGURE 3 COMPLICATIONS ASSOCIATED WITH COPD
FIGURE 4 GLOBAL PULSE OXIMETER MARKET, BY COMPONENT, 2019-2028 ($ MILLION)
FIGURE 5 GLOBAL PULSE OXIMETER MARKET, BY TABLE-TOP/BEDSIDE PULSE OXIMETER, 2019-2028 ($ MILLION)
FIGURE 6 GLOBAL PULSE OXIMETER MARKET, BY FINGERTIP PULSE OXIMETER, 2019-2028 ($ MILLION)
FIGURE 7 GLOBAL PULSE OXIMETER MARKET, BY HANDHELD PULSE OXIMETER, 2019-2028 ($ MILLION)
FIGURE 8 GLOBAL PULSE OXIMETER MARKET, BY PEDIATRIC PULSE OXIMETER, 2019-2028 ($ MILLION)
FIGURE 9 GLOBAL PULSE OXIMETER MARKET, BY WRIST-WORN PULSE OXIMETER, 2019-2028 ($ MILLION)
FIGURE 10 GLOBAL PULSE OXIMETER MARKET, BY INDUSTRY VERTICAL, 2019-2028 ($ MILLION)
FIGURE 11 GLOBAL PULSE OXIMETER MARKET, BY HOSPITALS & OTHER HEALTHCARE FACILITIES, 2019-2028 ($ MILLION)
FIGURE 12 GLOBAL 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 (%)
FIGURE 17 GERMANY PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 18 FRANCE PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 19 UNITED KINGDOM PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 20 ITALY PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 21 RUSSIA PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 22 SPAIN PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 23 REST OF EUROPE PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 24 JAPAN PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 25 CHINA PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 26 INDIA PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 27 AUSTRALIA & NEW ZEALAND PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 28 SOUTH KOREA PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 29 ASEAN COUNTRIES PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 30 REST OF ASIA-PACIFIC PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 31 BRAZIL PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 32 MEXICO PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 33 REST OF LATIN AMERICA PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 34 SAUDI ARABIA PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 35 TURKEY PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 36 UNITED ARAB EMIRATES PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 37 SOUTH AFRICA PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)
FIGURE 38 REST OF MIDDLE EAST & AFRICA PULSE OXIMETER MARKET, 2019-2028 ($ MILLION)