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Global Pulse Oximeter Market to reach USD 5.05 billion by the end of 2029.

Global Pulse Oximeter Market Size study & Forecast, by Product (Fingertip Pulse Oximeters, Hand-held Pulse Oximeters, Wrist-worn Pulse Oximeters, Table top/Bedside Pulse Oximeters) by Technology (Conventional, Connected), by Age Group (Adult, Pediatric), by End-use (Hospitals and Clinics, Homecare) and Regional Analysis, 2022-2029

Product Code: HLSMDE-99143153
Publish Date: 15-05-2023
Page: 200

Global Pulse Oximeter Market is valued approximately USD 2.57 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 8.80% over the forecast period 2022-2029. A pulse oximeter is a medical device used to measure the oxygen saturation level in the blood. It works by shining a light through a part of the body, such as a finger or earlobe, and measuring the amount of light absorbed by the oxygen-carrying hemoglobin in the blood. The device then calculates the percentage of oxygenated hemoglobin in the blood, which is known as the oxygen saturation level. The major driving factors for the Global Pulse Oximeter Market are Increasing focus towards monitoring patient at the time of diagnosis and treatment, growing awareness regarding application of pulse oximeters for COVID-19 patients, rising prevalence of respiratory diseases. Moreover, technological advancements in pulse oximeter devices and rising initiatives by the key market players are creating lucrative growth opportunity for the market over the forecast period 2022-2029.

The prevalence of respiratory diseases has also been linked to high levels of air pollution. In 2021, the World Health Organization estimated that around 7 million premature deaths each year are attributable to air pollution, with respiratory diseases being a major contributor. Along with this, smoking remains a significant cause of respiratory diseases. According to the World Health Organization, tobacco use is responsible for up to 80% of all COPD deaths. The COVID-19 pandemic has also highlighted the negative impact of smoking on respiratory health, as smokers are at higher risk of developing severe illness and dying from COVID-19. However, poor healthcare infrastructure in developing regions stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Pulse Oximeter Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the largest market for pulse oximeters due to the high prevalence of respiratory diseases, aging population, and technological advancements. The United States is the major contributor to the growth of the market in this region. Asia-Pacific is expected to be the fastest-growing market for pulse oximeters due to the increasing awareness about respiratory diseases, growing healthcare infrastructure, and rising disposable income. China, Japan, and India are the major contributors to the growth of the market in this region.

Major market player included in this report are:
Koninklijke Philips N.V.
Masimo Corporation
Medtronic plc
Nihon Kohden Corporation
Nonin Medical, Inc.
Smiths Group plc.
Nihon Kohden Corporation
GE Healthcare
Contec Medical Systems Co. Ltd.
ICU Medical Inc.

Recent Developments in the Market:
Ø DetelPro announced the Oxy10 pulse oximeter’s release in June 2021. The users of this product can determine the results with the aid of an LED display. The company’s pulse oximeter portfolio was expanded throughout numerous hospitals and homecare facilities owing to this product launch, which increased income for the company.
Ø The introduction of iPulseOx was announced by Smart Metre, a producer and supplier of patient monitoring equipment, in March 2022. It is the first pulse oximeter with cellular connectivity to offer remote patient monitoring services for long-term diseases like heart disease and chronic obstructive pulmonary disease (COPD). This product introduction improved the company’s standing by giving them a technological edge over their competitors and growing their clientele.
Global Pulse Oximeter Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Technology, Age Group, End-use, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Fingertip Pulse Oximeters
Hand-held Pulse Oximeters
Wrist-worn Pulse Oximeters
Table top/Bedside Pulse Oximeters
By Technology:
By Age Group:
By End-use:
Hospitals and Clinics

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Pulse Oximeter Market, by Region, 2019-2029 (USD Billion)
1.2.2. Pulse Oximeter Market, by Product, 2019-2029 (USD Billion)
1.2.3. Pulse Oximeter Market, by Technology, 2019-2029 (USD Billion)
1.2.4. Pulse Oximeter Market, by Age Group, 2019-2029 (USD Billion)
1.2.5. Pulse Oximeter Market, by End-use, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Pulse Oximeter Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Pulse Oximeter Market Dynamics
3.1. Pulse Oximeter Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Increasing focus towards monitoring patient at the time of diagnosis and treatment Growing awareness regarding application of pulse oximeters for COVID-19 patients Rising prevalence of respiratory diseases
3.1.2. Market Challenges Poor healthcare infrastructure in developing regions
3.1.3. Market Opportunities Technological advancements in pulse oximeter devices Rising initiatives by the key market players
Chapter 4. Global Pulse Oximeter Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Pulse Oximeter Market, by Product
6.1. Market Snapshot
6.2. Global Pulse Oximeter Market by Product, Performance – Potential Analysis
6.3. Global Pulse Oximeter Market Estimates & Forecasts by Product 2019-2029 (USD Billion)
6.4. Pulse Oximeter Market, Sub Segment Analysis
6.4.1. Fingertip Pulse Oximeters
6.4.2. Hand-held Pulse Oximeters
6.4.3. Wrist-worn Pulse Oximeters
6.4.4. Table top/Bedside Pulse Oximeters
Chapter 7. Global Pulse Oximeter Market, by Technology
7.1. Market Snapshot
7.2. Global Pulse Oximeter Market by Technology, Performance – Potential Analysis
7.3. Global Pulse Oximeter Market Estimates & Forecasts by Technology 2019-2029 (USD Billion)
7.4. Pulse Oximeter Market, Sub Segment Analysis
7.4.1. Conventional
7.4.2. Connected
Chapter 8. Global Pulse Oximeter Market, by Age Group
8.1. Market Snapshot
8.2. Global Pulse Oximeter Market by Age Group, Performance – Potential Analysis
8.3. Global Pulse Oximeter Market Estimates & Forecasts by Age Group 2019-2029 (USD Billion)
8.4. Pulse Oximeter Market, Sub Segment Analysis
8.4.1. Adult
8.4.2. Pediatric
Chapter 9. Global Pulse Oximeter Market, by End-use
9.1. Market Snapshot
9.2. Global Pulse Oximeter Market by End-use, Performance – Potential Analysis
9.3. Global Pulse Oximeter Market Estimates & Forecasts by End-use 2019-2029 (USD Billion)
9.4. Pulse Oximeter Market, Sub Segment Analysis
9.4.1. Hospitals and Clinics
9.4.2. Homecare
Chapter 10. Global Pulse Oximeter Market, Regional Analysis
10.1. Pulse Oximeter Market, Regional Market Snapshot
10.2. North America Pulse Oximeter Market
10.2.1. U.S. Pulse Oximeter Market Product breakdown estimates & forecasts, 2019-2029 Technology breakdown estimates & forecasts, 2019-2029 Age Group breakdown estimates & forecasts, 2019-2029 End-use breakdown estimates & forecasts, 2019-2029
10.2.2. Canada Pulse Oximeter Market
10.3. Europe Pulse Oximeter Market Snapshot
10.3.1. U.K. Pulse Oximeter Market
10.3.2. Germany Pulse Oximeter Market
10.3.3. France Pulse Oximeter Market
10.3.4. Spain Pulse Oximeter Market
10.3.5. Italy Pulse Oximeter Market
10.3.6. Rest of Europe Pulse Oximeter Market
10.4. Asia-Pacific Pulse Oximeter Market Snapshot
10.4.1. China Pulse Oximeter Market
10.4.2. India Pulse Oximeter Market
10.4.3. Japan Pulse Oximeter Market
10.4.4. Australia Pulse Oximeter Market
10.4.5. South Korea Pulse Oximeter Market
10.4.6. Rest of Asia Pacific Pulse Oximeter Market
10.5. Latin America Pulse Oximeter Market Snapshot
10.5.1. Brazil Pulse Oximeter Market
10.5.2. Mexico Pulse Oximeter Market
10.6. Rest of The World Pulse Oximeter Market

Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Koninklijke Philips N.V. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
11.2.2. Masimo Corporation
11.2.3. Medtronic plc
11.2.4. Nihon Kohden Corporation
11.2.5. Nonin Medical, Inc.
11.2.6. Smiths Group plc.
11.2.7. Nihon Kohden Corporation
11.2.8. GE Healthcare
11.2.9. Contec Medical Systems Co. Ltd.
11.2.10. ICU Medical Inc.
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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