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Pulse Oximeter Market Size, Share, Analysis Report by 2024
4 months ago
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Pulse Oximeter Market Size, Share, Analysis Report by 2024

The rising prevalence of chronic medical ailments, coupled with the increasing geriatric population, is one of the major factors accelerating the growth of the market. Moreover, rising preference for non-invasive medical devices and procedures by both patients and healthcare providers is also propelling the market growth. In addition to this, several technological advancements, including the improvements in microprocessor technology, light-emitting diodes and photoelectric sensors for enhanced precision and reliability of pulse oximeters, are acting as other growth-inducing factors. Few other factors are growing healthcare expenditures, the integration of oximeters with artificial intelligence (AI) and the advent of variants which are compatible with Android and Apple operating systems for maintaining electronic medical records (EMR), are anticipated to propel the market further.

The global Pulse Oximeter market is segregated on the basis of Type as Fingertip Pulse Oximeters, Handheld Pulse Oximeters, Wrist-worn Pulse Oximeters and Others. Based on Sensor Type the global Pulse Oximeter market is segmented in Reusable and Disposable. Based on End-Use the global Pulse Oximeter market is segmented in Hospitals and Clinics, Ambulatory Surgery Centers, Home Healthcare and Others.

The global Pulse Oximeter market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Pulse Oximeter market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

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Competitive Rivalry

Medtronic (Covidien), Carefusion Corp., GE Healthcare, Philips Healthcare, Johns Hopkins Medicines, Masimo, CAS Medical Systems, Inc., Opto Circuits India Ltd., Nonin Medical, Inc., Smiths Medical, Welch Allyn, Spacelabs Healthcare, Meditech Equipment Co., Nihon Kohden Corporation, Novartise, and others are among the major players in the global Pulse Oximeter market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Pulse Oximeter Market has been segmented as below:

Pulse Oximeter Market, By Type

  • Fingertip Pulse Oximeters

  • Handheld Pulse Oximeters

  • Wrist-worn Pulse Oximeters

  • Others

Pulse Oximeter Market, By Sensor Type

  • Reusable

  • Disposable

Pulse Oximeter Market, By End-Use

  • Hospitals and Clinics

  • Ambulatory Surgery Centers

  • Home Healthcare

  • Others

Pulse Oximeter Market, By Region

  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World

Pulse Oximeter Market, By Company

  • Medtronic (Covidien)

  • Carefusion Corp.

  • GE Healthcare

  • Philips Healthcare

  • Johns Hopkins Medicines

  • Masimo

  • CAS Medical Systems, Inc.

  • Opto Circuits India Ltd.

  • Nonin Medical, Inc.

  • Smiths Medical

  • Welch Allyn

  • Spacelabs Healthcare

  • Meditech Equipment Co.

  • Nihon Kohden Corporation

  • Novartise

The report covers:

  • Global Pulse Oximeter market sizes from 2021 to 2028, along with CAGR for 2021-2026

  • Market size comparison for 2022 vs 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028

  • Global Pulse Oximeter market trends, covering comprehensive range of consumer trends & manufacturer trends

  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Pulse Oximeter market

  • Major market opportunities and challenges in forecast timeframe to be focused

  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management

  • Comprehensive company profiles of the key industry players

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Report Scope:

The global Pulse Oximeter market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Pulse Oximeter market share. Major industry players with significant revenue share include Medtronic (Covidien), Carefusion Corp., GE Healthcare, Philips Healthcare, Johns Hopkins Medicines, Masimo, CAS Medical Systems, Inc., Opto Circuits India Ltd., Nonin Medical, Inc., Smiths Medical, Welch Allyn, Spacelabs Healthcare, Meditech Equipment Co., Nihon Kohden Corporation, Novartise, and others.

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