Global Pulse Oximeter Market Size, Industry Trends, Growth Prospects Till, 2018 to 2025 : Data Bridge Market Research
Market Definition:Pulse oximeter is a non-invasive
device utilized for checking a person’s oxygen immersion (SO2). In its most
basic application mode, a sensor device is put on thin piece of the patient
body, which is normally a fingertip or ear cartilage in grown-ups and if there
should arise an occurrence of newborn children it is set over a foot. The beat
oximeter shows the level of blood that is stacked with oxygen. They
particularly measure the level of hemoglobin, the protein in blood that conveys
oxygen.
Market Analysis: The Global Pulse Oximeter Market is expected
to reach USD 2.83 billion by 2025, from USD 1.72 million in 2017 growing at a
CAGR of 6.5% during the forecast period of 2018 to 2025. The upcoming market
report contains data for historic year 2016, the base year of calculation is 2017
and the forecast period is 2018 to 2025.
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Major
countries covered in this report are :U.S., Canada, Germany,
France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South
Korea, Japan, Australia, Singapore, South Africa and, Brazil among others.
Major Market
Competitors/Players:
·
Medtronic,
·
Philips Healthcare,
·
Masimo,
·
CAS Medical Systems,
·
Criticare Systems,
·
Drägerwerk,
·
Edan Instruments,
·
FaceLake,
·
GE Healthcare,
·
iHealth,
·
Korrida Medical Systems,
·
Med Shop and Beyond,
·
Meditech,
·
Mindray Medical International,
·
Nihon Kohden,
·
Nonin Medical,
·
Omron Healthcare,
·
Opto Circuits,
·
Spacelabs Healthcare,
·
Suaoki,
·
Technocare Medisystems among others.
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· Increasing healthcare costs and preference of home care
· Occurrence of target diseases
· Rising patient monitoring in diagnosis and treatment regime
· Price erosion
· Lack of awareness in developing countries
Market Segmentation:
By type
· Fingertip pulse oximeters,
· Handheld pulse oximeters and others.
On the basis of end-user
· Hospitals and other healthcare facilities,
· Homecare and others.
Based on geography
· North America & South America,
· Europe,
· Asia-Pacific
· Middle East & Africa
Key Developments in the Market:
·
In January 2017, Masimo launched patient monitoring products in
India, Rad-97 Pulse-CO Oximeter and SedLine Brain Function Monitoring. These
products are to improve the patient monitoring capabilities of clinicians in
the India.
·
In 2016, Masimo got the FDA clearance of forehead sensor and also
the CE mark for RAS-45.
·
In November 2013, CareFusion Corp. acquired Vital Signs division
of GE Healthcare from U.S., China and various other locations. This transaction
was worth USD 500.0 million and is expected to expand the size of specialty
disposable business.
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Competitive Analysis:
The global pulse oximeter market is highly fragmented and the
major players have used various strategies such as new product launches,
expansions, agreements, joint ventures, partnerships, acquisitions, and others
to increase their footprints in this market. The report includes market shares
of pulse oximeter market for global, Europe, North America, Asia Pacific and
South America.
Market Insights in
the Report
1. To
describe and forecast the pulse oximeter market,
in terms of value, by process, product type, and industry.
2. Save and
reduce time carrying out entry-level research by identifying the growth, size,
leading players and segments in the pulse oximeter
Market
3. Comprehensive
quantitative analysis of the industry is provided for the period of 2018-2025
to assist stakeholders to capitalize on the prevailing market opportunities.
4. Market
Development: Comprehensive information about emerging markets. This report
analyzes the market for various segments across geographies.
5. All the
Challenges and growth opportunities in the pulse oximeter
market along with the market drivers and restrains.
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Data Bridge Market Research
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