A recent report on Pulse Oximeter Market provides a detailed analysis of the industry size, revenue forecasts and geographical landscape pertaining to this business space. Additionally, the report highlights primary obstacles and the latest growth trends accepted by key players that form a part of the competitive spectrum of this business.
Pulse Oximeter Market Size
Global Pulse Oximeter Market is valued around USD 1838.18 Million in 2018 and expected to reach USD 2884.78 Million by 2025 with the CAGR of 6.65% over the forecast period.
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Pulse oximetry is a noninvasive and painless test that measures human oxygen saturation level, or the oxygen levels in human blood. It can rapidly detect even small changes in how efficiently oxygen is being carried to the extremities furthest from the guts, including the legs and therefore the arms. The pulse oximeter may be a small, clip-like device that attaches to a part, like toes or an earlobe. Its most commonly put on a finger, and it’s often used in a critical care setting like emergency rooms or hospitals. Some doctors, like pulmonologists, may use it in office. The purpose of pulse oximetry is to check how well user’s heart is pumping oxygen through user’s body.
It may be wont to monitor the health of people with any sort of condition which will affect blood oxygen levels, especially while they’re within the hospital. These conditions include: chronic obstructive pulmonary disease (COPD), asthma, pneumonia, carcinoma, anemia, attack or coronary failure, congenital heart defects
Most commonly, a clip-like device will be placed on user’s finger, earlobe, or toe. User may feel a small amount of pressure, but there is no pain or pinching. In some cases, a small probe may be placed on user’s finger or forehead with a sticky adhesive. User may be asked to remove user’s fingernail polish if it’s being attached to a finger. User will keep the probe on for as long as needed to monitor user’s pulse and oxygen saturation. When monitoring physical activity capabilities, this may be during the extent of the exercise and through the recovery period. During surgery, the probe are going to be attached beforehand and removed once users awake and not under supervision. Sometimes, it’ll only be wont to take one reading very quickly. Once the test is over, the clip or probes are going to be removed.
Global pulse oximeter market is segmented on the basis of type, Sensor Type and region. On the basis of type, the market is segmented into Fingertip, Table-Top, Wrist-Worn, Hand-Held, Earlobe, Forehead, Palm/Foot and Nose. On the basis of Sensor Type, the market is segmented into Reusable and Disposable. On the basis of patient type, the market is segmented into Neonatal, Pediatric and adult. On the basis of end-user, the market is segmented into Hospitals, Clinics & Healthcare, acilities, Home Care and Diagnostic Centers The regions covered in this pulse oximeter market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of pulse oximeter is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Pulse Oximeter Companies
- Masimo Corporation
- Edwards Lifesciences Corporation
- Nihon Kohden Corporation
- General Electric Company. Medtronic PLC
- Koniklijke Philips N.V.
- Drägerwerk AG & Co. KGaA
- Smiths Medical Inc.
- Opto Circuits Limited
- Halma PLC
- Spacelabs Healthcare Inc.
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Pulse Oximeter Market News Analysis:
Masimo Introduces Rad-G™ Pulse Oximeter.
News: May 9, 2017. Masimo (NASDAQ:MASI) announced the introduction of Rad-G, a combined pulse oximeter designed primarily to be used in pneumonia screening and spot-checking of oxygen saturation (SpO2) in low-resource settings. the event of the device is supported partially by a grant of $4.95 million from the Bill & Melinda Gates Foundation (BMGF), announced in November 2016, as a part of a partnership with Masimo to facilitate screening for pneumonia by doctors in low-resource areas.
Global Pulse Oximeter Market Dynamics-
Pulse oximetry is one of the standard American Society of Anesthesiologists monitor parameters for all anesthesia cases. Anesthesiologist is involved significantly in the delivery of anesthesia services to elderly Medicare patients. The answer to this question could have a significant impact on overall healthcare delivery because each year approximately 1.3 million Medicare beneficiaries are admitted to United States hospitals for orthopedic and general surgical procedures that necessitate anesthesia.
Higher cost and instant availability of devices can be the restrain for the market. No on the spot treatment can be also the restrain for the market.
These devices are unknown in many areas of the world. Low and middle income countries which is untapped market and growing countries can be the opportunities for the market.
North America dominate the Pulse Oximeter Market
North America dominates the market of around 647,000 Americans die from heart disease each year. Heart disease treatments cost the United States about USD 219 billion and higher rate of currency with higher rate of medical expenses North America is dominating the market. After North America, Europe is the market in which CVD accounts for 45% of all deaths in Europe and 37% of all deaths in the Europe. Asia Pacific is a fastest growing region. Only Asia comprises more than 4.5 billion people which is 60% of the world population living in 49 different nations have the economic power, Asia pacific is the growing largest market for Pulse Oximeter followed by Europe.
Key Benefits for Global Pulse Oximeter Market Reports –
Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
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Global Pulse Oximeter Market Segmentation –
- Beating Heart Surgery Systems
- Cardiopulmonary Bypass Equipment
- Cardiac Ablation Devices
- Perfusion Disposables
By Sensor Type Analysis:
- Sensor Types
- Congenital Heart Defects
- Cardiac Arrhythmia
- Coronary Heart Disease
- Congestive Heart Failure
- Other Sensor Types
By Age Group
- New-born (0-30 days)
- Infant (31 days-1 year)
- Children (1-18 years)
By Regional & Country Analysis: (North America, U.S., Canada, Europe, U.K., France, Germany, Italy,Asia Pacific, China, Japan, India, Southeast Asia, Latin America, Brazil, Mexico, Middle East and Africa, GCC, Africa, Rest of Middle East and Africa)
This comprehensive report will provide:
- Enhance your strategic decision making
- Assist with your research, presentations and business plans
- Show which emerging market opportunities to focus on
- Increase your industry knowledge
- Keep you up-to-date with crucial market developments
- Allow you to develop informed growth strategies
- Build your technical insight
- Illustrate trends to exploit
- Strengthen your analysis of competitors
- Provide risk analysis, helping you avoid the pitfalls other companies could make
- Ultimately, help you to maximize profitability for your company.
Our Market Research Solution Provides You Answer to Below Mentioned Question:
- Which are the driving factors responsible for the growth of market?
- Which are the roadblock factors of this market?
- What are the new opportunities, by which market will grow in coming years?
- What are the trends of this market?
- Which are main factors responsible for new product launch?
- How big is the global & regional market in terms of revenue, sales and production?
- How far will the market grow in forecast period in terms of revenue, sales and production?
- Which region is dominating the global market and what are the market shares of each region in the overall market in 2017?
- How will each segment grow over the forecast period and how much revenue will these segment account for in 2025?
- Which region has more opportunities?
Table of Content
1. Chapter – Report Methodology
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2. Chapter – Global Pulse Oximeter Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Pulse Oximeter Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Pulse Oximeter Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis
3. Chapter – Global Pulse Oximeter Market Overview: Quantitative Analysis
4. Chapter – Global Pulse Oximeter Market Analysis: Segmentation By Type
5. Chapter – Global Pulse Oximeter Market Analysis: Segmentation By Application
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