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Pulse oximeters deal in the measurement of vital health parameters, such as respiratory rate, heart rate, and pulse rate. These are used to monitor a patients status prior to or during diagnosis of health condition. Pulse oximeters are used in a medical setting, home, or at the site of medical emergency.
Factors such as increase in geriatric population, rise in inclination towards home monitoring, upsurge in incidence rate of chronic diseases, such as cardiovascular disorders, obesity, and rise in awareness among patients about advanced pulse oximeters are expected to drive the market. However, lack of awareness about these devices in low- and middle-income economies hampers the market growth.
Market Analysis and Insights: Global Pulse Oximeter Market
The global Pulse Oximeter market is valued at US$ 814.4 million in 2019. The market size will reach US$ 1134.9 million by the end of 2026, growing at a CAGR of 4.8% during 2021-2026.
Global Pulse Oximeter Scope and Market Size
Pulse Oximeter market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Pulse Oximeter market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Disposable Sensor
Reusable Sensors
Segment by Application
Hospital
Ambulatory Surgical Center
Home Care
By Company
Masimo
Medtronic
Nonin Medical
Smiths Medical
Nihon-Kohden
Philips
GE Healthcare
Konica Minolta
Mindray
Heal Force
Contec
Jerry Medical
Solaris
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
Factors such as increase in geriatric population, rise in inclination towards home monitoring, upsurge in incidence rate of chronic diseases, such as cardiovascular disorders, obesity, and rise in awareness among patients about advanced pulse oximeters are expected to drive the market. However, lack of awareness about these devices in low- and middle-income economies hampers the market growth.
Market Analysis and Insights: Global Pulse Oximeter Market
The global Pulse Oximeter market is valued at US$ 814.4 million in 2019. The market size will reach US$ 1134.9 million by the end of 2026, growing at a CAGR of 4.8% during 2021-2026.
Global Pulse Oximeter Scope and Market Size
Pulse Oximeter market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Pulse Oximeter market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Disposable Sensor
Reusable Sensors
Segment by Application
Hospital
Ambulatory Surgical Center
Home Care
By Company
Masimo
Medtronic
Nonin Medical
Smiths Medical
Nihon-Kohden
Philips
GE Healthcare
Konica Minolta
Mindray
Heal Force
Contec
Jerry Medical
Solaris
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
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