Worldwide Pulse Oximeter Industry to 2026 – by Product Type, End-User and Region – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Pulse Oximeter Market Outlook, 2026” report has been added to ResearchAndMarkets.com’s offering.

This report categorizes the market to forecast the revenues and analyze the trends in each of the following segments: based on product type (Fingertip, Handheld & Others), based on end-users (Hospital and Health Care Facilities & Home Care), based on region, countries & major companies. The Pulse Oximeter market has been revamped considering the COVID-19 impact.

The growing prevalence of breathing disorders and diseases like asthma, hyperlipidemia, hypertension, diabetes, ischemic conditions, cardiac arrhythmia, sleep apnea, COPD, etc. have been a major market driver for the Pulse Oximeter industry, allowing it to value to USD 1.65 Billion in 2015.

A high-quality Pulse Oximeter is critical for the early diagnosis and treatment of patients with COVID-19. Even though the manufacturing & supply chain of the industry suffered challenges due to the pandemic restrictions, the manufactures ensured an adequate supply to the countries in dire need. The market is expected to witness a growth of over 7% CAGR in the forecasted period.

Majorly divided into two types, the handheld segment dominates the market with over half of the share, yet declining in the coming years. The market is driven by a fact that these products are user-friendly and are easy to use in emergency cases. A rise in the number of stroke cases and surgeries is anticipated to boost market growth over the forecast period. The market shift is a result of technological advancements such as easy transfer of data, extensive memory, alarm system, and Bluetooth feature. Through the forecasted period, the fingertip segment is to grow with a CAGR of over 10%, recording the highest growth.

The hospitals & health care centers hold a clear dominance in the Pulse Oximeter market accounting closely to 90% in the year 2020. It is due to an increase in the number of surgeries and emergency room visits across the world. The COVID-19 pandemic has restricted the visits to medical facilities hindering medical care services, giving a hike in the homecare segment. With the increasing awareness of self-monitoring, people are now actively participating in health management from their homes themselves, augmenting the demand for such monitoring devices. The home care segment is expected to demonstrate growth of 15.42% in the coming years.

North America dominated the market, holding to a share of less than 35% in 2020, owing to increasing awareness of respiratory vitals monitoring among the common population. Recent changes in regulatory norms in Europe, which is the second-largest market, are expected to affect all medical device manufacturers. Although the Asia Pacific has a slightly declining birth rate, the number of infants born every day is considerably large. This results in a large target population for CHD. Latin America, along with the Middle East & Africa could hardly contribute to a market share of 15% by the end of the forecasted period.

According to the WHO, around 64 million patients are currently living with COPD worldwide with approximately 90% of deaths due to COPD occurring in low- and middle-income countries. The global market is led by the US, where around 43 states have made pulse oximetry mandatory for newborn screening. Following this, China & Germany contributes to over 12.86% in the year 2020. Other major countries are becoming a popular market for the product due to applications in the detection of Congenital Heart Defects and other heart and respiratory conditions.

Key Topics Covered:

1. Executive Summary

2. Report Methodology

3. Global Pulse Oximeter Market Outlook

3.1. Market Size by Value

3.2. Market Share

3.2.1. By Product Type

3.2.2. By End User

3.2.3. By Region

3.2.4. By Country

3.2.5. By Company

4. North America Pulse Oximeter Market Outlook

5. Europe Pulse Oximeter Market Outlook

6. Asia-Pacific Pulse Oximeter Market Outlook

7. Latin America Pulse Oximeter Market Outlook

8. Middle East & Africa Pulse Oximeter Market Outlook

9. Market Dynamics

9.1. Key Drivers

9.2. Key Challenges

10. Market Trends and Developments

10.1. Reusable Oximeters

10.2. Offering cost-saving choices

10.3. Caution alarm modifications

10.4. Changes in algorithms and software

11. Company Profiles

11.1. Beckton Dickinson

11.2. CASMED (Edwards Lifesciences Corporation)

11.3. Drager Medical Systems Inc.

11.4. GE Healthcare

11.5. Covidien (Medtroni PLCc)

11.6. Masimo

11.7. Koninklijke Philips NV

11.8. Meditech

11.9. Nihon Kohden Corporation

11.10. Nonin Medical Inc

11.11. Smiths Medical Internation

11.12. Welch Alyn Inc

11.13. Company Overviews

11.13.1. CareFusion Corp

11.13.2. Contec Medical Systems Co., Ltd

11.13.3. Edan Instruments Inc.

11.13.4. Korrida Medical System

11.13.5. Microtek International Private Limited

11.13.6. Mindray

11.13.7. Rossmax International Ltd

11.13.8. Spacelabs Healthcare

12. Strategic Recommendations

13. Disclaimer

For more information about this report visit https://www.researchandmarkets.com/r/tsa4x0

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