The Global pulse oximeter market is expected to reach USD 3,534.4 Billion by 2027, according to a new report by Emergen Research. Rising consciousness regarding severity and growing incidences of neonatal conditions along with awareness about patient monitoring among people is anticipated to boost the pulse oximeter sales in the forecast period. The increasing frequency of hypertension, asthma, chronic obstructive pulmonary disease (COPD), diabetes, sleep apnea, and cardiac arrhythmia, among other diseases, contribute to the growth prospects of pulse oximeter market.
Tests related to pulse oximetry are painless, non-invasive, and enables rapid detection of oxygen saturation levels in the body. These gainful features are anticipated to drive the industry demand for pulse oximeters over the forecast period. Besides, the outbreak of novel coronavirus has led to frequent monitoring of respiratory conditions in infected patients. The integration of artificial intelligence in pulse oximeters is set to raise the demand for target medical devices.
The global Pulse Oximeter market has been categorized based on the product type, application, and region. Our expert analysts undertake a thorough assessment of all of the segments included in the report and analyze them based on their market share, revenue, market growth rate, and other vital factors. The segmentation allows the interested parties to determine sectors in the global Pulse Oximeter market with high growth prospects and understand the growth strategies adopted by leading segments during the forecast period.
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The report also discusses the key players involved in the market such as GE Healthcare, Philips Healthcare, Medtronic, CAS Medical Systems, Masimo, Nonin Medical, Smiths Medical, Welch Allyn, Spacelabs Healthcare and Meditech Equipment among other companies.
Based on the types, the Pulse Oximeter market has been further classified based on geography, application and consumption capability. On the basis of the product application, the industry is bifurcated taking into consideration those in demand and are an outcome of technology advancement. Region-wise, the performance of the industry along with the prominent vendors operating in the geography also illuminates stakeholders, business owners, and field marketing, executives. The different facets of the business based on parameters including new launches, acquisition and mergers and new entrants are discussed extensively during the study.
Key insights presented in the report:
Market revenue shares by major business players, by type, by application, and market scope of global Pulse Oximeter market
Sales revenue by key players and new entrants
Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
Recent mergers, acquisitions, product launches, recent investments, and joint ventures
Regional analysis to provide insight to recent trends and opportunities
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
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Pulse Oximeter Market segmentation
Product Outlook (Revenue in Million USD; 2017–2027)
Hand-held
Fingertip
Tabletop
Wrist-worn
Other
Sensor Type Outlook (Revenue in Million USD; 2017–2027)
Reusable
Disposable
End User Outlook (Revenue in Million USD; 2017–2027)
Hospitals
Healthcare Diagnostic Centers
Home Care
Regional Outlook (Revenue, USD Billion; 2017-2027)
North America (U.S.) (Canada) (Mexico)
Europe (Germany) (UK) (France) (BENELUX) (Rest of Europe)
Asia Pacific (China) (Japan) (South Korea) (Rest of APAC)
Latin America (Brazil) (Rest of LATAM)
Besides exploring the company profiles of prominent market leaders, the research gather and analyses raw data on the regulatory framework, cost structure, import and export status, supply chain management and supply chain management expected to shape the trajectory of the business landscape. The researchers behind the study have further leveraged the industry-leading assessment tools to gauge the growing level of competition, recent acquisition and mergers, product launches and new entrants.
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