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Pulse Oximeter Trends and Forecast
The future of the global pulse oximeter market looks promising with opportunities in the hospital, home care, and ambulatory care markets. The global pulse oximeter market is expected to reach an estimated $4.2 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are increasing incidence of respiratory diseases, growing cases of congenital heart disease (CHD) in children, and surging number of surgical procedures and hospitalizations.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Pulse Oximeter by Segment
The study includes a forecast for the global pulse oximeter by technology, type, end use, and region
Pulse Oximeter Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Conventional Devices
• Connected Devices
Pulse Oximeter Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Portable Pulse Oximeters
• Bedside/ Tabletop Pulse Oximeters
Pulse Oximeter Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals
• Home Care
• Ambulatory Care
Pulse Oximeter Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Pulse Oximeter Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies pulse oximeter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pulse oximeter companies profiled in this report include-
• Medtronic
• Masimo
• Koninklijke Philips N.V.
• General Electric
• Nonin
• Nihon Kohden Corporation
• ICU Medical
• OSI Systems
• CONTEC Medical Systems
• Drägerwerk
Pulse Oximeter Market Insights
Lucintel forecast that connected devices is expected to witness the highest growth due to growing adoption of connected medical device and rising demand for continuous patient monitoring in ambulance settings and homecare.
Within this market, hospitals will remain the largest segment due to growing number of hospitalizations, which needs continuous patient monitoring systems.
APAC is expected to witness highest growth over the forecast period due to the increasing prevalence of respiratory diseases and presence of major players in this region.
Features of the Global Pulse Oximeter Market
Market Size Estimates: Pulse oximeter market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Pulse oximeter market size by technology, type, end use, and region in terms of value ($B).
Regional Analysis: Pulse oximeter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different technologies, types, end uses, and regions for the pulse oximeter market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the pulse oximeter market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the pulse oximeter market size?
Answer: The global pulse oximeter market is expected to reach an estimated $4.2 billion by 2030.
Q.2 What is the growth forecast for pulse oximeter market?
Answer: The global pulse oximeter market is expected to grow with a CAGR of 6.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the pulse oximeter market?
Answer: The major drivers for this market are increasing incidence of respiratory diseases, growing cases of congenital heart disease (CHD) in children, and surging number of surgical procedures and hospitalizations.
Q4. What are the major segments for pulse oximeter market?
Answer: The future of the pulse oximeter market looks promising with opportunities in the hospital, home care, and ambulatory care markets.
Q5. Who are the key pulse oximeter market companies?
Answer: Some of the key pulse oximeter companies are as follows:
• Medtronic
• Masimo
• Koninklijke Philips N.V.
• General Electric
• Nonin
• Nihon Kohden Corporation
• ICU Medical
• OSI Systems
• CONTEC Medical Systems
• Drägerwerk
Q6. Which pulse oximeter market segment will be the largest in future?
Answer: Lucintel forecast that connected devices is expected to witness the highest growth due to growing adoption of connected medical device and rising demand for continuous patient monitoring in ambulance settings and homecare.
Q7. In pulse oximeter market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to the increasing prevalence of respiratory diseases and presence of major players in this region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the pulse oximeter market by technology (conventional devices and connected devices), type (portable pulse oximeters and bedside/ tabletop pulse oximeters), end use industry (hospitals, home care, and ambulatory care), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Pulse Oximeter Market, Pulse Oximeter Market Size, Pulse Oximeter Market Growth, Pulse Oximeter Market Analysis, Pulse Oximeter Market Report, Pulse Oximeter Market Share, Pulse Oximeter Market Trends, Pulse Oximeter Market Forecast, Pulse Oximeter Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Pulse Oximeter Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Pulse Oximeter Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Pulse Oximeter Market by Technology
3.3.1: Conventional Devices
3.3.2: Connected Devices
3.4: Global Pulse Oximeter Market by Type
3.4.1: Portable Pulse Oximeters
3.4.2: Bedside/ Tabletop Pulse Oximeters
3.5: Global Pulse Oximeter Market by End Use
3.5.1: Hospitals
3.5.2: Home Care
3.5.3: Ambulatory Care
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Pulse Oximeter Market by Region
4.2: North American Pulse Oximeter Market
4.2.2: North American Pulse Oximeter Market by End Use: Hospitals, Home Care, and Ambulatory Care
4.3: European Pulse Oximeter Market
4.3.1: European Pulse Oximeter Market by Technology: Conventional Devices and Connected Devices
4.3.2: European Pulse Oximeter Market by End Use: Hospitals, Home Care, and Ambulatory Care
4.4: APAC Pulse Oximeter Market
4.4.1: APAC Pulse Oximeter Market by Technology: Conventional Devices and Connected Devices
4.4.2: APAC Pulse Oximeter Market by End Use: Hospitals, Home Care, and Ambulatory Care
4.5: ROW Pulse Oximeter Market
4.5.1: ROW Pulse Oximeter Market by Technology: Conventional Devices and Connected Devices
4.5.2: ROW Pulse Oximeter Market by End Use: Hospitals, Home Care, and Ambulatory Care
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Pulse Oximeter Market by Technology
6.1.2: Growth Opportunities for the Global Pulse Oximeter Market by Type
6.1.3: Growth Opportunities for the Global Pulse Oximeter Market by End Use
6.1.4: Growth Opportunities for the Global Pulse Oximeter Market by Region
6.2: Emerging Trends in the Global Pulse Oximeter Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Pulse Oximeter Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Pulse Oximeter Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Medtronic
7.2: Masimo
7.3: Koninklijke Philips N.V.
7.4: General Electric
7.5: Nonin
7.6: Nihon Kohden Corporation
7.7: ICU Medical
7.8: OSI Systems
7.9: CONTEC Medical Systems
7.10: Drägerwerk
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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