封面
市場調查報告書
商品編碼
1372872

脈搏血氧儀市場 - 2018-2028 年全球產業規模、佔有率、趨勢、機會和預測,按產品類型、感測器類型、患者類型、最終用戶、地區和競爭細分

Pulse Oximeter Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Product Type, By Sensor Type, By Patient Type, By End User, By Region and Competition

出版日期: | 出版商: TechSci Research | 英文 185 Pages | 商品交期: 2-3個工作天內

價格

We offer 8 hour analyst time for an additional research. Please contact us for the details.

簡介目錄

2022 年,全球脈搏血氧儀市場估值達到 345,223 萬美元,預計在預測期內將顯著成長,到 2028 年保持 5.24% 的年複合成長率 (CAGR)。以及旨在監測血液氧飽和度變化的非侵入性電子設備。這些設備有多種款式,包括指尖式、腕戴式、桌上型/輔助、可攜式和兒科型號。在醫院和醫療機構等醫療環境中,攜帶式血氧計因其先進的功能而受到普遍歡迎。與傳統的類比型號不同,這些設備具有透過電纜連接到螢幕的夾子,而不是直接連接到氧氣監測儀或螢幕本身。螢幕不僅顯示血氧飽和度水平,還提供額外的診斷資訊。本儀器採用紅外光來準確測量讀數。

主要市場促進因素

市場概況
預測期 2024-2028
2022 年市場規模 345223萬美元
2028 年市場規模 481843萬美元
2023-2028 年年複合成長率 5.24%
成長最快的細分市場 居家護理
最大的市場 北美洲

呼吸道疾病的盛行率不斷增加

脈搏血氧儀的廣泛應用包括各種適應症,例如氣管插管、心臟驟停、程序鎮靜、氣喘/慢性阻塞性肺病(COPD)、呼吸系統疾病、急性呼吸窘迫症候群(ARDS)、睡眠障礙/睡眠呼吸中止症和紫紺型心臟病的分流。

無論是在已開發國家還是發展中國家,脈搏血氧儀需求不斷成長的關鍵促進因素之一是慢性呼吸系統疾病(如慢性阻塞性肺病、氣喘和阻塞性睡眠呼吸中止症 (OSA))的流行。氣喘在低收入和中等收入國家,尤其是亞洲的成長引人注目。例如,據估計,2022年印度約有3,400萬人患有氣喘,佔全球負擔的13.09%。慢性阻塞性肺病是全球第三大死因,到 2022 年,全球將導致超過 320 萬人死亡。預計這些因素將在預測期內推動脈搏血氧儀市場的成長。

慢性阻塞性肺病、氣喘、睡眠呼吸中止症、囊性纖維化和其他呼吸道感染等慢性呼吸道疾病的盛行率不斷上升,預計將在一定程度上推動市場發展。氧飽和度是治療慢性阻塞性肺病和氣喘的重要參數,脈搏血氧儀可以準確測量這些疾病的患者的血氧水平。根據美國肺臟協會的數據,慢性阻塞性肺病是美國的首要死因,有超過 1,250 萬確診病例和一些未確診病例。

脈搏血氧儀市場的成長有多種因素,包括全球慢性阻塞性肺病、氣喘和肺炎等呼吸系統疾病的盛行率不斷上升。人們越來越認知到監測氧飽和度水平對於保持健康的重要性。此外,無線連接和行動應用等技術進步正在增強脈搏血氧儀設備的方便用戶使用性和可訪問性。

技術進步與便利性

技術進步徹底改變了脈搏血氧儀市場,使這些設備更易於使用和方便用戶使用。此外,感測器的小型化催生了可在家中或旅途中使用的緊湊型攜帶式脈搏血氧計。這些進步提高了準確性和可靠性,為使用者提供了精確的讀數和可靠的結果。無線連接和智慧型手機應用程式的整合進一步增強了脈搏血氧計的功能和便利性,使資料追蹤、分析以及在必要時與醫療保健專業人員共享成為可能。脈搏血氧儀的可及性、可負擔性和方便用戶使用性的提高使其適用於更廣泛的消費者群體,推動了市場成長和這些設備的採用。

新興技術,例如應用人工智慧(AI)演算法來結合脈搏血氧飽和度資料以改善患者治療結果和遠端患者監測,有可能對該行業產生積極影響。準確性、安全性和自動化的技術進步預計將在整個預測期內推動市場成長。製造商正在專注於開發用於自我監測的自動化、無線和遠端血氧計,從而減少住院和就診次數。例如,2021 年 12 月,Teli Health 宣布推出首款經美國 FDA 批准的 4G 連接血氧計。這款新推出的血氧計適用於遠端患者監測。

家庭醫療保健中越來越多的攜帶式和手持式脈搏血氧計

家庭醫療保健對攜帶式和可移動脈搏血氧儀的需求正在顯著成長。脈搏血氧計擴大應用於運動醫學和航空領域。全球老年人口的不斷增加以及他們對呼吸系統疾病的易感性也促進了市場的成長。此外,醫院和診所對脈搏血氧儀的需求不斷增加,特別是重症監護患者。此外,脈搏血氧計在遠距患者監護系統中的使用不斷增加,也推動了市場的發展。

此外,大眾對健身和健康的日益關注刺激了對脈搏血氧計的需求。運動員、健身愛好者和參與體育活動的個人越來越依賴脈搏血氧儀來監測運動期間的氧氣水平。透過即時監測氧飽和度,他們可以最佳化自己的表現,防止過度勞累,並確保運動過程中的安全。脈搏血氧計可提供即時回饋,使個人能夠就其訓練強度做出明智的決定並做出必要的調整。人們越來越重視保持最佳健身水平和優先考慮整體健康,導致脈搏血氧計作為健身和健康行業的重要工具的採用激增,從而推動了市場成長。

人口老化的增加和醫院對血氧計的採用

脈搏血氧計的需求不僅在已開發經濟體中不斷成長,而且在發展中經濟體中也不斷成長。隨著這些經濟體優先考慮預防性醫療保健和健康計劃,脈搏血氧儀市場正在經歷顯著成長。這可以歸因於人們對監測氧氣水平和整體健康的重要性的認知不斷增強。

此外,技術的進步使脈搏血氧計變得更加容易使用和方便用戶使用,使個人能夠在家中輕鬆追蹤他們的生命徵象。隨著人們尋求掌控自己的健康和福祉,這種便利性進一步推動了對脈搏血氧儀的需求不斷成長。

此外,持續的 COVID-19 大流行凸顯了監測氧飽和度水平的重要性,因為低氧水平可能是呼吸窘迫的早期指標。這導致脈搏血氧計的需求激增,不僅用於個人使用,而且還用於醫療保健環境。隨著全球對醫療保健和福祉的關注,脈搏血氧計的需求預計將繼續呈上升趨勢。隨著人們更加主動地管理自己的健康,脈搏血氧計在為他們提供有關氧氣水平的即時資訊方面發揮著至關重要的作用,使他們能夠就自己的健康做出明智的決定。

主要市場挑戰

創新型脈搏血氧儀設備價格高昂

先進的脈搏血氧儀設備相對昂貴,這可能會阻礙醫療保健提供者購買它們。這些設備由於其先進的功能(例如連續監控和可自訂的警報)而具有較高的價格標籤。慢性病患者可能需要在家中使用這些設備,從而給患者和照護者帶來額外的財務負擔。複雜的脈搏血氧儀設備的高成本對低收入和服務不足的社區中脈搏血氧儀的可及性產生了影響。這些社區缺乏負擔得起的設備可能會導致更嚴重的健康後果。

低成本脈搏血氧計模型的準確性和可靠性有限

低成本脈搏血氧計模型很容易出現不準確和不可靠的情況。雖然這些設備更便宜且更容易獲得,但其有限的精度和可靠性可能會損害患者的安全和護理。在某些情況下,讀數不準確可能會導致誤診或治療延誤。這項挑戰在發展中國家尤其普遍,因為這些國家獲得先進的脈搏血氧計的機會有限。因此,這些地區的醫療保健提供者在準確測量患者氧飽和度水平方面面臨困難,這可能導致患者護理效果不佳。

主要市場趨勢

市場供應商增加線上行銷策略

影響全球脈搏血氧儀市場成長的一個重要因素是市場供應商實施有效的線上行銷策略。由於人們對家庭護理環境的日益偏好,脈搏血氧計供應商採用的行銷策略已經發生了轉變。因此,供應商正在創新新方法,透過線上行銷活動增強其市場影響力,從而增加產品銷售。

像 Masimo 這樣的知名供應商正在策略性地利用其線上影響力,在 Twitter 和 Facebook 等流行社交媒體平台上建立官方頁面,以有效行銷其脈搏血氧儀產品。此外,越來越多的供應商正在擁抱線上零售,使他們能夠將業務範圍擴展到診所和醫院等傳統最終用戶之外,並滿足家庭醫療保健用戶的需求。預計這些新興趨勢將在整個預測期內推動脈搏血氧儀市場的成長。

發展中國家醫療業務的擴張

醫療設備脈搏血氧儀市場的參與者可以預見新興經濟體的巨大成長機會。隨著中國和印度政府繼續優先考慮基於價值的醫療體系和醫療保健現代化,醫療領域的投資正在穩步增加。此外,這些新興國家醫療設備和學名藥製造中心的崛起進一步推動了成長潛力。隨著醫療器材的生產已經大幅成長,當前的趨勢顯示更大的機會即將到來。這一充滿希望的前景使脈搏血氧儀市場在未來幾年蓬勃發展。

細分市場洞察

產品類型見解

手持式脈搏血氧儀細分市場在 2022 年佔據最大的市場佔有率,預計在預測期內將顯著成長。這可以歸因於呼吸系統疾病的高盛行率、住院人數的增加以及在緊急情況下使用手持設備的便利性。此外,準確性、安全性和資料傳輸能力方面的技術進步正在推動這一領域的採用。為了保持競爭力,領先的市場參與者正在推出具有增強功能的新產品。例如,2020 年 9 月,Masimo 宣布美國 FDA 批准 Rad-G 手持式脈搏血氧儀。

另一方面,指尖脈搏血氧儀細分市場預計將在整個預測期內呈現最高成長率。這一成長是由家庭環境中持續患者監測需求的不斷成長、患者意識的提高以及預防性醫療保健的上升趨勢所推動的。

感測器類型見解

到 2022 年,拋棄式感測器領域因其非侵入性監測功能和輕量化特性而成為主要收入促進因素,提高了患者滿意度。此外,拋棄式感測器表現出卓越的靈活性以及與軟材料的生物相容性,使其成為長期監測的理想選擇。此外,拋棄式感測器血氧計具有卓越的防止交叉污染和醫療相關感染 (HAI) 的能力,進一步加速了其使用。提供拋棄式感測器的著名行業領導者包括 Honeywell International Inc. 和 NIHON KOHDEN CORPORATION 等。

此外,可重複使用探頭成為2022 年第二大收入貢獻者。重症監護病房對可重複使用探頭的強勁需求、其與常用監測設備的兼容性、獨特的產品設計和精確的測量結果預計將推動該細分市場的成長。此外,可重複使用的探頭承受機械應力和易於清潔的固有能力極大地促進了它們的廣泛採用。

區域洞察

預計在預測期內,北美將對全球市場的成長做出最大貢獻。 Technavio 的分析師對這段時期影響市場的區域趨勢和促進因素提供了詳細的見解。呼吸系統疾病和慢性病的高盛行率、外科手術的增加、熟練醫生的存在以及醫療基礎設施的進步等因素顯著推動了該地區脈搏血氧計市場的成長。此外,北美市場受到通用電氣公司、美敦力、Masimo 和 Smiths Medical 等知名供應商的推動。呼吸系統疾病和心血管疾病 (CVD) 導致的死亡率不斷上升,需要早期診斷和預防。因此,預計這些因素將在整個預測期內推動全球脈搏血氧儀市場的成長。

目錄

第 1 章:產品概述

  • 市場定義
  • 市場範圍
    • 涵蓋的市場
    • 研究年份
    • 主要市場區隔

第 2 章:研究方法

  • 研究目的
  • 基線方法
  • 主要產業夥伴
  • 主要協會和二手資料來源
  • 預測方法
  • 數據三角測量與驗證
  • 假設和限制

第 3 章:執行摘要

  • 市場概況
  • 主要市場細分概述
  • 主要市場參與者概述
  • 重點地區/國家概況
  • 市場促進因素、挑戰、趨勢概述

第 4 章:客戶之聲

第 5 章:全球脈搏血氧計市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依產品類型(指尖式、手持式及其他)
    • 依感測器類型(可重複使用與拋棄式)
    • 依患者類型(成人、兒童、新生兒)
    • 按最終使用者(醫院和診所、家庭護理、其他)
    • 按地區
    • 按公司分類 (2022)
  • 市場地圖

第 6 章:北美脈搏血氧計市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依產品類型
    • 依感測器類型
    • 依患者類型
    • 按最終用戶
    • 按國家/地區
  • 北美:國家分析
    • 美國
    • 加拿大
    • 墨西哥

第 7 章:歐洲脈搏血氧計市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依產品類型
    • 依感測器類型
    • 依患者類型
    • 按最終用戶
    • 按國家/地區
  • 歐洲:國家分析
    • 德國
    • 英國
    • 義大利
    • 法國
    • 西班牙

第 8 章:亞太地區脈搏血氧計市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依產品類型
    • 依感測器類型
    • 依患者類型
    • 按最終用戶
    • 按國家/地區
  • 亞太地區:國家分析
    • 中國
    • 印度
    • 日本
    • 韓國
    • 澳洲

第 9 章:南美洲脈搏血氧計市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依產品類型
    • 依感測器類型
    • 依患者類型
    • 按最終用戶
    • 按國家/地區
  • 南美洲:國家分析
    • 巴西
    • 阿根廷
    • 哥倫比亞

第 10 章:中東和非洲脈搏血氧儀市場展望

  • 市場規模及預測
    • 按價值
  • 市佔率及預測
    • 依產品類型
    • 依感測器類型
    • 依患者類型
    • 按最終用戶
    • 按國家/地區
  • MEA:國家分析
    • 南非脈搏血氧計
    • 沙烏地阿拉伯 脈搏血氧儀
    • 阿拉伯聯合大公國脈搏血氧儀

第 11 章:市場動態

  • 促進要素
  • 挑戰

第 12 章:市場趨勢與發展

  • 近期發展
  • 併購
  • 產品發布

第 13 章:全球脈搏血氧計市場:SWOT 分析

第 14 章:波特的五力分析

  • 產業競爭
  • 新進入者的潛力
  • 供應商的力量
  • 客戶的力量
  • 替代產品的威脅

第15章:競爭格局

  • 商業概覽
  • 服務內容
  • 最近的發展
  • 主要人員
  • SWOT分析
    • Medtronic, Plc.
    • GE Healthcare
    • Koninklijke Philips NV
    • Masimo Corporation
    • Nihon Kohden Corporation
    • Nonin Medical, Inc.
    • Omron Corporation
    • Opto Circuits India Ltd.
    • Welch Allyn, Inc.
    • OSI Systems,Inc.

第 16 章:策略建議

第 17 章:關於我們與免責聲明

簡介目錄
Product Code: 7345

In 2022, the Global Pulse Oximeter Market achieved a valuation of USD 3452.23 Million, and it is poised for significant growth in the forecast period, maintaining an impressive Compound Annual Growth Rate (CAGR) of 5.24% through 2028. A pulse oximeter represents a discreet and non-invasive electronic device designed to monitor changes in the blood's oxygen saturation level. These devices come in various styles, including fingertip, wrist-worn, tabletop/besides, portable, and pediatric models. In medical settings such as hospitals and healthcare facilities, portable oximeters are prevalent due to their advanced features. Unlike traditional analog models, these devices feature a clip connected to the screen via a cable, rather than being directly attached to the oxygen monitor or screen itself. The screen not only displays blood oxygen saturation levels but also provides additional diagnostic information. This instrument employs infrared light to measure readings accurately.

The landscape of pulse oximeter technology has been significantly shaped by technological advancements, introducing a plethora of potential options to the industry. These advancements have enhanced the accuracy and reliability of measuring hemoglobin levels, oxygen saturation, and pulse rate (PR). Additionally, they have made it possible to conduct morphological investigations of the waveform using pulse oximeter technology. The market has witnessed the introduction of digital pulse oximeters, which are expected to drive substantial sales. Furthermore, smartphone applications are now available to operate these digital pulse oximeters, adding to their convenience and accessibility.

Key Market Drivers

Market Overview
Forecast Period2024-2028
Market Size 2022USD 3452.23 Million
Market Size 2028USD 4818.43 Million
CAGR 2023-20285.24%
Fastest Growing SegmentHomecare
Largest MarketNorth America

Increasing Prevalence of Respiratory Diseases

The wide range of applications for pulse oximeters includes various indications such as endotracheal intubation, cardiac arrest, procedural sedation, asthma/chronic obstructive pulmonary disease (COPD), respiratory complaints, acute respiratory distress syndrome (ARDS), sleep disorders/sleep apnea, and shunts in cyanotic heart disease.

One of the key drivers for the increasing demand of pulse oximeters, both in developed and developing countries, is the prevalence of chronic respiratory disorders such as COPD, asthma, and obstructive sleep apnea (OSA). The growth of asthma in low and middle-income countries, particularly in Asia, is notable. For example, it is estimated that around 34 million people in India had asthma in 2022, accounting for 13.09% of the global burden. COPD is the third-leading cause of death worldwide and resulted in over 3.2 million deaths globally in 2022. These factors are anticipated to fuel the growth of the pulse oximetry market during the forecast period.

The increasing prevalence of chronic respiratory diseases such as COPD, asthma, sleep apnea, cystic fibrosis, and other respiratory infections is expected to drive the market to a certain extent. Oxygen saturation is a vital parameter in the management of COPD and asthma, and pulse oximeters accurately measure blood oxygen levels in patients with these conditions. According to the American Lung Association, COPD is the leading cause of death in the U.S., with over 12.5 million diagnosed cases and several undiagnosed cases.

Several factors contribute to the growth of the Pulse Oximeter market, including the rising prevalence of respiratory diseases like COPD, asthma, and pneumonia worldwide. Individuals are increasingly recognizing the importance of monitoring oxygen saturation levels for maintaining good health. Furthermore, technological advancements such as wireless connectivity and mobile applications are enhancing the user-friendliness and accessibility of pulse oximeter devices.

Technological Advancements and Easy Accessibility

Technological advancements have revolutionized the market for pulse oximeters, making these devices more accessible and user-friendly. Furthermore, the miniaturization of sensors has led to the introduction of compact and portable pulse oximeters that can be used at home or on the go. These advancements have resulted in improved accuracy and reliability, providing users with precise readings and dependable results. The integration of wireless connectivity and smartphone applications has further enhanced the functionality and convenience of pulse oximeters, enabling data tracking, analysis, and sharing with healthcare professionals, if necessary. The increased accessibility, affordability, and user-friendly nature of pulse oximeters have expanded their availability to a wider consumer base, driving market growth and adoption of these devices.

Emerging technologies, such as the application of artificial intelligence (AI) algorithms to combine pulse oximetry data for improved patient outcomes and remote patient monitoring, have the potential to positively impact the industry. Technological advancements in terms of accuracy, safety, and automation are expected to drive market growth throughout the forecast period. Manufacturers are focusing on developing automated, wireless, and remote oximeters for self-monitoring, thereby reducing hospitalization and physician visits. For example, in December 2021, Teli Health announced the launch of its first U.S. FDA-approved 4G connected oximeter. This newly introduced oximeter is suitable for remote patient monitoring.

Increasing Portable and Handheld Pulse Oximeters in the Home Healthcare

The demand for portable and transportable pulse oximeters for home healthcare is witnessing significant growth. Pulse oximeters are increasingly being utilized in the fields of sports medicine and aviation. The expanding geriatric population worldwide, along with their susceptibility to respiratory disorders, also contributes to the market's growth. Moreover, there is a rising demand for pulse oximeters in hospitals and clinics, particularly for critical care patients. Additionally, the market is being driven by the growing use of pulse oximeters in remote patient monitoring systems.

Furthermore, the increasing focus on fitness and wellness among the masses has spurred the demand for pulse oximeters. Athletes, fitness enthusiasts, and individuals involved in physical activities are increasingly relying on pulse oximeters to monitor their oxygen levels during workouts. By monitoring their oxygen saturation in real-time, they can optimize their performance, prevent overexertion, and ensure their safety during exercise. Pulse oximeters offer immediate feedback, empowering individuals to make informed decisions about their training intensity and make necessary adjustments. This growing emphasis on maintaining peak fitness levels and prioritizing overall well-being has resulted in a surge in the adoption of pulse oximeters as essential tools in the fitness and wellness industry, thereby fueling market growth.

Increasing Aging Population and Hospital Adoption of Oximeter

The demand for pulse oximeters is not only rising in developed economies but also in developing economies. As these economies prioritize preventative healthcare and wellness programs, the market for pulse oximeters is experiencing significant growth. This can be attributed to the increasing awareness among individuals about the importance of monitoring oxygen levels and overall health.

Furthermore, the advancements in technology have made pulse oximeters more accessible and user-friendly, allowing individuals to easily track their vital signs at home. This convenience has further contributed to the growing demand for pulse oximeters, as people seek to take control of their health and well-being.

Moreover, the ongoing COVID-19 pandemic has highlighted the importance of monitoring oxygen saturation levels, as low oxygen levels can be an early indicator of respiratory distress. This has led to a surge in demand for pulse oximeters, not only for personal use but also in healthcare settings. With the global focus on healthcare and well-being, the demand for pulse oximeters is expected to continue its upward trajectory. As individuals become more proactive in managing their health, pulse oximeters play a crucial role in providing them with real-time information about their oxygen levels, empowering them to make informed decisions about their well-being.

Key Market Challenges

High Price for Innovative Pulse Oximeter Devices

Advanced pulse oximeter devices are relatively expensive, which can discourage healthcare providers from acquiring them. These devices come with a higher price tag due to their advanced features, such as continuous monitoring and customizable alarms. Chronically ill patients may need to use these devices at home, leading to additional financial burdens for both patients and caregivers. The high cost of sophisticated pulse oximeter devices has implications for the accessibility of pulse oximetry in low-income and underserved communities. The lack of affordable devices in these communities may contribute to more severe health outcomes.

Low-Cost Pulse Oximeter Models Have Limited Accuracy and Reliability

Low-cost pulse oximeter models can be prone to inaccuracy and unreliability. While these devices are more affordable and accessible, their limited precision and dependability can compromise patient safety and care. In certain cases, inaccurate readings may lead to misdiagnosis or treatment delays. This challenge is particularly prevalent in developing nations where access to sophisticated pulse oximeters is limited. Consequently, healthcare providers in these regions face difficulties in accurately measuring patient oxygen saturation levels, which can result in suboptimal patient care.

Key Market Trends

Increasing Online Marketing Strategies by Market Vendors

A significant factor influencing the growth of the global pulse oximetry market is the implementation of effective online marketing strategies by market vendors. The marketing tactics employed by vendors for pulse oximeters have undergone a transformation due to the growing preference for home care settings. As a result, vendors are innovating new approaches to enhance their market presence through online marketing activities, thereby increasing product sales.

Prominent vendors like Masimo are strategically leveraging their online presence by establishing official pages on popular social media platforms such as Twitter and Facebook to effectively market their pulse oximetry products. Furthermore, an increasing number of vendors are embracing online retailing, enabling them to extend their reach beyond traditional end-users such as clinics and hospitals, and cater to the needs of home-based healthcare users. These emerging trends are anticipated to drive the growth of the pulse oximetry market throughout the forecast period.

Expansion of Medical Businesses in Developing Nations

Players in the pulse oximeter market for medical devices can anticipate significant growth opportunities from emerging economies. As the governments of China and India continue to prioritize value-based care systems and healthcare modernization, investments in the medical sector are steadily increasing. Moreover, the rise of medical equipment and generic pharmaceuticals manufacturing hubs in these emerging nations further contributes to the growth potential. With the production of medical devices already experiencing substantial growth, current trends suggest even greater opportunities on the horizon. This promising outlook positions the pulse oximeter market to thrive in the coming years.

Segmental Insights

Product Type Insights

The segment of handheld pulse oximeters held the largest market share in 2022 and is projected to experience significant growth during the forecast period. This can be attributed to the high prevalence of respiratory diseases, increasing hospitalizations, and the convenience of using handheld devices in emergency situations. Furthermore, technological advancements in terms of accuracy, safety, and data transfer capabilities are driving the adoption of this segment. To stay competitive, leading market players are introducing new products with enhanced features. For instance, in September 2020, Masimo announced the U.S. FDA clearance of the Rad-G handheld pulse oximeter.

On the other hand, the fingertip pulse oximeters segment is expected to exhibit the highest growth rate throughout the forecast period. This growth is driven by the increasing demand for continuous patient monitoring at home settings, growing patient awareness, and the rising trend of preventive healthcare.

Sensor Type Insights

In 2022, the disposable sensor segment emerged as the primary revenue driver due to its non-invasive monitoring capabilities and lightweight nature, enhancing patient satisfaction. Additionally, disposable sensors exhibit remarkable flexibility and biocompatibility with soft materials, making them ideal for long-term monitoring. Furthermore, the utilization of disposable sensor oximeters has been further accelerated by their superior ability to prevent cross-contamination and healthcare-associated infections (HAIs). Noteworthy industry leaders offering disposable sensors include Honeywell International Inc. and NIHON KOHDEN CORPORATION, among others.

Moreover, reusable probes ranked as the second-highest revenue contributor in 2022. The robust demand for reusable probes in intensive care units, their compatibility with commonly used monitoring devices, distinctive product designs, and precise measurement results are expected to drive segment growth. Furthermore, the inherent ability of reusable probes to withstand mechanical stress and facilitate ease of cleaning has significantly contributed to their widespread adoption.

Regional Insights

North America is projected to make the largest contribution to the growth of the global market during the forecast period. Technavio's analysts have provided detailed insights into the regional trends and drivers that shape the market during this period. Factors such as the high prevalence of respiratory disorders and chronic diseases, increasing surgical procedures, the presence of skilled physicians, and advancements in healthcare infrastructure are significantly driving the growth of the pulse oximeter market in the region. Furthermore, the market in North America is propelled by the presence of renowned vendors like General Electric Co., Medtronic, Masimo, and Smiths Medical. The rising mortality rate due to respiratory disorders and cardiovascular diseases (CVDs) necessitates early diagnosis and prevention. Therefore, these factors are anticipated to drive the growth of the global pulse oximetry market throughout the forecast period.

Key Market Players

  • Medtronic, Plc.
  • GE Healthcare
  • Koninklijke Philips N.V.
  • Masimo Corporation
  • Nihon Kohden Corporation
  • Nonin Medical, Inc.
  • Omron Corporation
  • Opto Circuits India Ltd.
  • Welch Allyn, Inc.
  • OSI Systems,Inc.

Report Scope:

In this report, the Global Pulse Oximeter Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Pulse Oximeter Market, By Product Type:

  • Fingertip
  • Handheld
  • Others

Pulse Oximeter Market, By Sensor Type:

  • Reusable
  • Disposable

Pulse Oximeter Market, By Patient Type:

  • Adult
  • Paediatric
  • Neonatal

Pulse Oximeter Market, By End User:

  • Hospitals & Clinics
  • Homecare
  • Others

Pulse Oximeter Market, By Region:

  • North America
  • United States
  • Canada
  • Mexico
  • Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Kuwait
  • Turkey
  • Egypt

Competitive Landscape

  • Company Profiles: Detailed analysis of the major companies present in the Global Pulse Oximeter Market.

Available Customizations:

  • Global Pulse Oximeter market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

  • 1.1. Market Definition
  • 1.2. Scope of the Market
    • 1.2.1. Markets Covered
    • 1.2.2. Years Considered for Study
    • 1.2.3. Key Market Segmentations

2. Research Methodology

  • 2.1. Objective of the Study
  • 2.2. Baseline Methodology
  • 2.3. Key Industry Partners
  • 2.4. Major Association and Secondary Sources
  • 2.5. Forecasting Methodology
  • 2.6. Data Triangulation & Validations
  • 2.7. Assumptions and Limitations

3. Executive Summary

  • 3.1. Overview of the Market
  • 3.2. Overview of Key Market Segmentations
  • 3.3. Overview of Key Market Players
  • 3.4. Overview of Key Regions/Countries
  • 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Pulse Oximeter Market Outlook

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
  • 5.2. Market Share & Forecast
    • 5.2.1. By Product Type (Fingertip, Handheld and Others)
    • 5.2.2. By Sensor Type (Reusable v/s Disposable)
    • 5.2.3. By Patient Type (Adult, Pediatric, Neonatal)
    • 5.2.4. By End User (Hospitals & Clinics, Homecare, Others)
    • 5.2.5. By Region
    • 5.2.6. By Company (2022)
  • 5.3. Market Map

6. North America Pulse Oximeter Market Outlook

  • 6.1. Market Size & Forecast
    • 6.1.1. By Value
  • 6.2. Market Share & Forecast
    • 6.2.1. By Product Type
    • 6.2.2. By Sensor Type
    • 6.2.3. By Patient Type
    • 6.2.4. By End User
    • 6.2.5. By Country
  • 6.3. North America: Country Analysis
    • 6.3.1. United States Pulse Oximeter Market Outlook
      • 6.3.1.1. Market Size & Forecast
        • 6.3.1.1.1. By Value
      • 6.3.1.2. Market Share & Forecast
        • 6.3.1.2.1. By Product Type
        • 6.3.1.2.2. By Sensor Type
        • 6.3.1.2.3. By Patient Type
        • 6.3.1.2.4. By End User
    • 6.3.2. Canada Pulse Oximeter Market Outlook
      • 6.3.2.1. Market Size & Forecast
        • 6.3.2.1.1. By Value
      • 6.3.2.2. Market Share & Forecast
        • 6.3.2.2.1. By Product Type
        • 6.3.2.2.2. By Sensor Type
        • 6.3.2.2.3. By Patient Type
        • 6.3.2.2.4. By End User
    • 6.3.3. Mexico Pulse Oximeter Market Outlook
      • 6.3.3.1. Market Size & Forecast
        • 6.3.3.1.1. By Value
      • 6.3.3.2. Market Share & Forecast
        • 6.3.3.2.1. By Product Type
        • 6.3.3.2.2. By Sensor Type
        • 6.3.3.2.3. By Patient Type
        • 6.3.3.2.4. By End User

7. Europe Pulse Oximeter Market Outlook

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value
  • 7.2. Market Share & Forecast
    • 7.2.1. By Product Type
    • 7.2.2. By Sensor Type
    • 7.2.3. By Patient Type
    • 7.2.4. By End User
    • 7.2.5. By Country
  • 7.3. Europe: Country Analysis
    • 7.3.1. Germany Pulse Oximeter Market Outlook
      • 7.3.1.1. Market Size & Forecast
        • 7.3.1.1.1. By Value
      • 7.3.1.2. Market Share & Forecast
        • 7.3.1.2.1. By Product Type
        • 7.3.1.2.2. By Sensor Type
        • 7.3.1.2.3. By Patient Type
        • 7.3.1.2.4. By End User
    • 7.3.2. United Kingdom Pulse Oximeter Market Outlook
      • 7.3.2.1. Market Size & Forecast
        • 7.3.2.1.1. By Value
      • 7.3.2.2. Market Share & Forecast
        • 7.3.2.2.1. By Product Type
        • 7.3.2.2.2. By Sensor Type
        • 7.3.2.2.3. By Patient Type
        • 7.3.2.2.4. By End User
    • 7.3.3. Italy Pulse Oximeter Market Outlook
      • 7.3.3.1. Market Size & Forecast
        • 7.3.3.1.1. By Value
      • 7.3.3.2. Market Share & Forecasty
        • 7.3.3.2.1. By Product Type
        • 7.3.3.2.2. By Sensor Type
        • 7.3.3.2.3. By Patient Type
        • 7.3.3.2.4. By End User
    • 7.3.4. France Pulse Oximeter Market Outlook
      • 7.3.4.1. Market Size & Forecast
        • 7.3.4.1.1. By Value
      • 7.3.4.2. Market Share & Forecast
        • 7.3.4.2.1. By Product Type
        • 7.3.4.2.2. By Sensor Type
        • 7.3.4.2.3. By Patient Type
        • 7.3.4.2.4. By End User
    • 7.3.5. Spain Pulse Oximeter Market Outlook
      • 7.3.5.1. Market Size & Forecast
        • 7.3.5.1.1. By Value
      • 7.3.5.2. Market Share & Forecast
        • 7.3.5.2.1. By Product Type
        • 7.3.5.2.2. By Sensor Type
        • 7.3.5.2.3. By Patient Type
        • 7.3.5.2.4. By End User

8. Asia-Pacific Pulse Oximeter Market Outlook

  • 8.1. Market Size & Forecast
    • 8.1.1. By Value
  • 8.2. Market Share & Forecast
    • 8.2.1. By Product Type
    • 8.2.2. By Sensor Type
    • 8.2.3. By Patient Type
    • 8.2.4. By End User
    • 8.2.5. By Country
  • 8.3. Asia-Pacific: Country Analysis
    • 8.3.1. China Pulse Oximeter Market Outlook
      • 8.3.1.1. Market Size & Forecast
        • 8.3.1.1.1. By Value
      • 8.3.1.2. Market Share & Forecast
        • 8.3.1.2.1. By Product Type
        • 8.3.1.2.2. By Sensor Type
        • 8.3.1.2.3. By Patient Type
        • 8.3.1.2.4. By End User
    • 8.3.2. India Pulse Oximeter Market Outlook
      • 8.3.2.1. Market Size & Forecast
        • 8.3.2.1.1. By Value
      • 8.3.2.2. Market Share & Forecast
        • 8.3.2.2.1. By Product Type
        • 8.3.2.2.2. By Sensor Type
        • 8.3.2.2.3. By Patient Type
        • 8.3.2.2.4. By End User
    • 8.3.3. Japan Pulse Oximeter Market Outlook
      • 8.3.3.1. Market Size & Forecast
        • 8.3.3.1.1. By Value
      • 8.3.3.2. Market Share & Forecast
        • 8.3.3.2.1. By Product Type
        • 8.3.3.2.2. By Sensor Type
        • 8.3.3.2.3. By Patient Type
        • 8.3.3.2.4. By End User
    • 8.3.4. South Korea Pulse Oximeter Market Outlook
      • 8.3.4.1. Market Size & Forecast
        • 8.3.4.1.1. By Value
      • 8.3.4.2. Market Share & Forecast
        • 8.3.4.2.1. By Product Type
        • 8.3.4.2.2. By Sensor Type
        • 8.3.4.2.3. By Patient Type
        • 8.3.4.2.4. By End User
    • 8.3.5. Australia Pulse Oximeter Market Outlook
      • 8.3.5.1. Market Size & Forecast
        • 8.3.5.1.1. By Value
      • 8.3.5.2. Market Share & Forecast
        • 8.3.5.2.1. By Product Type
        • 8.3.5.2.2. By Sensor Type
        • 8.3.5.2.3. By Patient Type
        • 8.3.5.2.4. By End User

9. South America Pulse Oximeter Market Outlook

  • 9.1. Market Size & Forecast
    • 9.1.1. By Value
  • 9.2. Market Share & Forecast
    • 9.2.1. By Product Type
    • 9.2.2. By Sensor Type
    • 9.2.3. By Patient Type
    • 9.2.4. By End User
    • 9.2.5. By Country
  • 9.3. South America: Country Analysis
    • 9.3.1. Brazil Pulse Oximeter Market Outlook
      • 9.3.1.1. Market Size & Forecast
        • 9.3.1.1.1. By Value
      • 9.3.1.2. Market Share & Forecast
        • 9.3.1.2.1. By Product Type
        • 9.3.1.2.2. By Sensor Type
        • 9.3.1.2.3. By Patient Type
        • 9.3.1.2.4. By End User
    • 9.3.2. Argentina Pulse Oximeter Market Outlook
      • 9.3.2.1. Market Size & Forecast
        • 9.3.2.1.1. By Value
      • 9.3.2.2. Market Share & Forecast
        • 9.3.2.2.1. By Product Type
        • 9.3.2.2.2. By Sensor Type
        • 9.3.2.2.3. By Patient Type
        • 9.3.2.2.4. By End User
    • 9.3.3. Colombia Pulse Oximeter Market Outlook
      • 9.3.3.1. Market Size & Forecast
        • 9.3.3.1.1. By Value
      • 9.3.3.2. Market Share & Forecast
        • 9.3.3.2.1. By Product Type
        • 9.3.3.2.2. By Sensor Type
        • 9.3.3.2.3. By Patient Type
        • 9.3.3.2.4. By End User

10. Middle East and Africa Pulse Oximeter Market Outlook

  • 10.1. Market Size & Forecast
    • 10.1.1. By Value
  • 10.2. Market Share & Forecast
    • 10.2.1. By Product Type
    • 10.2.2. By Sensor Type
    • 10.2.3. By Patient Type
    • 10.2.4. By End User
    • 10.2.5. By Country
  • 10.3. MEA: Country Analysis
    • 10.3.1. South Africa Pulse Oximeter Market Outlook
      • 10.3.1.1. Market Size & Forecast
        • 10.3.1.1.1. By Value
      • 10.3.1.2. Market Share & Forecast
        • 10.3.1.2.1. By Product Type
        • 10.3.1.2.2. By Sensor Type
        • 10.3.1.2.3. By Patient Type
        • 10.3.1.2.4. By End User
    • 10.3.2. Saudi Arabia Pulse Oximeter Market Outlook
      • 10.3.2.1. Market Size & Forecast
        • 10.3.2.1.1. By Value
      • 10.3.2.2. Market Share & Forecast
        • 10.3.2.2.1. By Product Type
        • 10.3.2.2.2. By Sensor Type
        • 10.3.2.2.3. By Patient Type
        • 10.3.2.2.4. By End User
    • 10.3.3. UAE Pulse Oximeter Market Outlook
      • 10.3.3.1. Market Size & Forecast
        • 10.3.3.1.1. By Value
      • 10.3.3.2. Market Share & Forecast
        • 10.3.3.2.1. By Product Type
        • 10.3.3.2.2. By Sensor Type
        • 10.3.3.2.3. By Patient Type
        • 10.3.3.2.4. By End User

11. Market Dynamics

  • 11.1. Drivers
  • 11.2. Challenges

12. Market Trends & Developments

  • 12.1. Recent Development
  • 12.2. Mergers & Acquisitions
  • 12.3. Product Launches

13. Global Pulse Oximeter Market: SWOT Analysis

14. Porter's Five Forces Analysis

  • 14.1. Competition in the Industry
  • 14.2. Potential of New Entrants
  • 14.3. Power of Suppliers
  • 14.4. Power of Customers
  • 14.5. Threat of Substitute Products

15. Competitive Landscape

  • 15.1. Business Overview
  • 15.2. Service Offerings
  • 15.3. Recent Developments
  • 15.4. Key Personnel
  • 15.5. SWOT Analysis
    • 15.5.1. Medtronic, Plc.
    • 15.5.2. GE Healthcare
    • 15.5.3. Koninklijke Philips N.V.
    • 15.5.4. Masimo Corporation
    • 15.5.5. Nihon Kohden Corporation
    • 15.5.6. Nonin Medical, Inc.
    • 15.5.7. Omron Corporation
    • 15.5.8. Opto Circuits India Ltd.
    • 15.5.9. Welch Allyn, Inc.
    • 15.5.10. OSI Systems,Inc.

16. Strategic Recommendations

17. About Us & Disclaimer