Pulse Oximeters Market Size, Share & Trends Analysis Report And Forecast To 2025| Grand View Research, Inc
“The global pulse oximeters market size was valued at USD 1.8 billion in 2018 and is projected to register a CAGR of 6.3% over the forecast period .”
The global Pulse Oximeters Market size is expected to reach USD 2.8 billion by 2025, based on a new report by Grand View Research, Inc. It is anticipated to expand at a CAGR of 6.3% during the forecast period. The growth can be attributed to high prevalence of target diseases, such as Chronic Obstructive Pulmonary Disease (COPD), sleep apnea, cardiac arrhythmia, and ischemic conditions. Pulse oximetry is mandatory for newborn screening in almost 43 states in the U.S. It is also gaining roots in other parts of the world as it helps in detection of Congenital Heart Defect (CHD). Technological advancements in pulse oximeters to make the devices more efficient and user-friendly can boost the demand. For instance, in August 2015, Nonin Medical, Inc. launched NoninConnect Model 3230, a wireless fingertip oximeter that can be operated via Bluetooth. The product has low power usage and was intended for the identification of early intervention patients with respiratory conditions, such as COPD. Asia Pacific is anticipated to register the fastest growth over the forthcoming years. Increasing investments from industry players is the key driver for the regional growth. In January 2017, Masimo launched two patient monitoring products in India, namely, Rad-97 Pulse-CO Oximeter and SedLine Brain Function Monitoring. These products are expected to improve the patient monitoring capabilities of clinicians in the region. Product innovation and R&D are some of the major strategies adopted by the key companies operating in the market for pulse oximeters. For instance, in September 2018, Masimo announced the FDA approval of rainbow Acoustic Monitoring RAS-45 Sensor, a noninvasive respiration rate measurement system for infant and neonatal patients. In July 2018, the company launched the Vital Signs Check Application— a comprehensive patient data collection application for the Masimo Root patient connectivity and monitoring platform.
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Further key findings from the study suggest: Handheld segment led the market in 2018, attributed to the rising number of surgeries and emphasis on patient safety during anesthesia. These devices are preferred for long-term monitoring in hospitals and emergency rooms
Fingertip oximeters is the most lucrative segment. The ease of use and easy availability across stores, such as Wal-Mart and CVS is the key reason for the growing popularity of these devices
The hospitals and other healthcare facilities segment led the end use segment in 2018 and is expected to maintain its dominance during the forecast period, due to the presence of a large patient base and growing use of vital stats monitoring devices
North America held the largest market share in 2018 and is expected to maintain its position during the forecast period. The mandatory CCHD screening for newborns imposed by the Centers for Disease Control and Prevention (CDC) and American Academy of Pediatrics (AAP) in September 2014 is one of the major drivers
Some of the key players operating in the pulse oximeters market are Covidien; CareFusion Corp; GE Healthcare; Koninklijke Philips N.V.; Masimo; CAS Medical Systems, Inc.; Opto Circuits India Ltd.; Nonin Medical, Inc.; Smiths Medical; Welch Allyn; Spacelabs Healthcare; Zensorium; Meditech Equipment Co. Ltd.; and Nihon Kohden Corporation.
Grand View Research has segmented the global pulse oximeters market by type, end use, and region: Pulse Oximeters Type Outlook (Revenue, USD Million, 2014 - 2025) Fingertip
Handheld
Others
Pulse Oximeters End-use Outlook (Revenue, USD Million, 2014 - 2025) Hospitals and Other Healthcare Facilities
Homecare
Pulse Oximeters Regional Outlook (Revenue, USD Million, 2014 - 2025) North America
o
U.S.
o
Canada
Europe o
U.K.
o
Germany
Asia Pacific o
Japan
o
China
Latin America o
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Brazil
o 
Mexico
Middle East and Africa o
South Africa
Browse Related Category Reports @ www.grandviewresearch.com/industry/medical-devices Table of Content of Pulse Oximeters Market Chapter 1 Research Methodology 1.1 Information Procurement 1.2 Data Analysis Chapter 2 Executive Summary 2.1 Market Snapshot Chapter 3 Market Variables, Trends & Scope 3.1 Market Segmentation and Scope 3.1.1 Market driver analysis 3.1.1.1 Rising healthcare costs and readmission limbo 3.1.1.2 Increasing prevalence of target diseases 3.1.1.3 Rising importance of patient monitoring in diagnosis and treatment regime 3.1.1.4 High unmet need in developing and least developed economies 3.1.2 Market restraint analysis 3.1.2.1 Increasing price erosion 3.1.2.2 Lack of training 3.1.2.3 Presence of non-penetrated markets 3.1.2.4 Frequent recalls of the products 3.2 Penetration & Growth Prospects Mapping 3.3 Pulse Oximeters Market - PESTLE Analysis 3.4 Industry Analysis - Porter’s 3.5 Pulse Oximeters Market Competitive Landscape: Market Position Analysis 3.6 Clinical Trials: Pulse Oximeters Market Chapter 4 Pulse Oximeters Market: Type Estimates & Trend Analysis 4.1 Pulse Oximeters Market: Type Movement Analysis 4.2 Fingertip Pulse Oximeters 4.2.1 Fingertip pulse oximeters market, 2014 - 2025 (USD Million)
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4.3 Handheld Pulse Oximeter 4.3.1 Handheld pulse oximeters market, 2014 - 2025 (USD Million) 4.4 Others 4.4.1 Others market, 2014 - 2025 (USD Million) Chapter 5 Pulse Oximeters Market: End Use Estimates & Trend Analysis 5.1 Pulse Oximeter Market: End Use Movement Analysis 5.2 Hospitals and Other Healthcare Facilities 5.2.1 Hospitals and other healthcare facilities market, 2014 - 2025 (USD Million) 5.3 Homecare 5.3.1 Homecare market, 2014 - 2025 (USD Million) Chapter 6 Pulse Oximeters Market: Regional Estimates & Trend Analysis, by Type and End Use 6.1 Pulse Oximeter Market Share by Region, 2018 & 2025 6.2 North America 6.2.1 U.S. 6.2.1.1 U.S. pulse oximeters market, 2014 - 2025 (USD Million) 6.2.2 Canada 6.2.2.1 Canada pulse oximeters market, 2014 - 2025 (USD Million) 6.3 Europe 6.3.1 U.K. 6.3.1.1 U.K. pulse oximeters market, 2014 - 2025 (USD Million) 6.3.2 Germany 6.3.2.1 Germany pulse oximeters market, 2014 - 2025 (USD Million) 6.4 Asia Pacific 6.4.1 Asia Pacific pulse oximeters market, 2014 - 2025 (USD Million) 6.4.2 Japan 6.4.2.1 Japan pulse oximeters market, 2014 - 2025 (USD Million) 6.4.3 China 6.4.3.1 China pulse oximeters market, 2014 - 2025 (USD Million) 6.5 Latin America 6.5.1 Latin America pulse oximeters market, 2014 - 2025 (USD Million) 6.5.2 Brazil 6.5.2.1 Brazil pulse oximeters market, 2014 - 2025 (USD Million)
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6.5.3 Mexico 6.5.3.1 Mexico Pulse Oximeter market, 2014 - 2025 (USD Million) 6.6 MEA 6.6.1 MEA pulse oximeters market, 2014 - 2025 (USD Million) 6.6.2 South Africa 6.6.2.1 South Africa pulse oximeters market, 2014 - 2025 (USD Million) Chapter 7 Competitive Landscape 7.1 Strategy Framework 7.1.1 Covidien 7.1.1.1 Company overview 7.1.1.2 Financial performance 7.1.1.3 Product benchmarking 7.1.1.4 Strategic initiatives 7.1.2 CareFusion Corp (Vyaire) 7.1.2.1 Company overview 7.1.2.2 Financial performance 7.1.2.3 Product benchmarking 7.1.2.4 Strategic initiatives 7.1.3 GE Healthcare 7.1.3.1 Company overview 7.1.3.2 Financial performance 7.1.3.3 Product benchmarking 7.1.3.4 Strategic initiatives 7.1.4 Koninklijke Philips NV 7.1.4.1 Company overview 7.1.4.2 Financial performance 7.1.4.3 Product benchmarking 7.1.4.4 Strategic initiatives 7.1.5 Masimo 7.1.5.1 Company overview 7.1.5.2 Financial performance 7.1.5.3 Product benchmarking
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7.1.5.4 Strategic initiatives 7.1.6 CASMED 7.1.6.1 Company overview 7.1.6.2 Financial performance 7.1.6.3 Product benchmarking 7.1.6.4 Strategic initiatives 7.1.7 Opto Circuits (India) Limited 7.1.7.1 Company overview 7.1.7.2 Financial performance 7.1.7.3 Product benchmarking 7.1.7.4 Strategic initiatives 7.1.8 Nonin Medical, Inc. 7.1.8.1 Company overview 7.1.8.2 Product benchmarking 7.1.8.3 Strategic initiatives 7.1.9 Smiths Medical 7.1.9.1 Company overview 7.1.9.2 Financial performance 7.1.9.3 Product benchmarking 7.1.9.4 Strategic initiatives 7.1.10 Welch Allyn 7.1.10.1 Company overview 7.1.10.2 Financial performance 7.1.10.3 Product benchmarking 7.1.10.4 Strategic initiatives 7.1.11 Spacelabs Healthcare 7.1.11.1 Company overview 7.1.11.2 Financial performance 7.1.11.3 Product benchmarking 7.1.11.4 Strategic initiatives 7.1.12 Zensorium 7.1.12.1 Company overview
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7.1.12.2 Product benchmarking 7.1.12.3 Strategic initiatives 7.1.13 Meditech Equipment Co., Ltd. 7.1.13.1 Company overview 7.1.13.2 Product benchmarking 7.1.13.3 Strategic initiatives 7.1.14 NIHON KOHDEN CORPORATION 7.1.14.1 Company overview 7.1.14.2 Financial performance 7.1.14.3 Product benchmarking 7.1.14.4 Strategic initiatives Chapter 8 Qualitative Analysis: Developing and Least Developed Economies 8.1 Developing Economies 8.1.1 Egypt 8.1.1.1 Regulations 8.1.2 Argentina 8.1.2.1 Regulations 8.1.3 India 8.1.3.1 Regulations 8.1.4 Russian Federation 8.1.4.1 Regulations 8.1.5 United Arab Emirates 8.1.5.1 Regulations 8.1.6 Saudi Arabia 8.1.6.1 Regulations 8.2 Least Developed Economies 8.2.1 Afghanistan 8.2.1.1 Regulations 8.2.2 Angola 8.2.2.1 Regulations 8.2.3 Bhutan 8.2.3.1 Regulations
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8.2.4 Burkina Faso 8.2.4.1 Regulations 8.2.5 Burundi 8.2.5.1 Regulations 8.2.6 Cambodia 8.2.6.1 Regulations 8.2.7 Ethiopia 8.2.7.1 Regulations 8.2.8 Liberia 8.2.8.1 Regulations 8.2.9 Madagascar 8.2.9.1 Regulations 8.2.10 Nepal 8.2.10.1 Regulations 8.2.11 United Republic of Tanzania 8.2.11.1 Regulations 8.2.12 Nigeria 8.2.12.1 Regulations
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About Us: Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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