Global Pulse Oximeters Market to Reach $2.6 Billion by 2027 – Sensors Gain Significance in Oximetry Business – ResearchAndMarkets.com

Global Pulse Oximeters Market to Reach $2.6 Billion by 2027 – Sensors Gain Significance in Oximetry Business – ResearchAndMarkets.com




Global Pulse Oximeters Market to Reach $2.6 Billion by 2027 – Sensors Gain Significance in Oximetry Business – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Pulse Oximeters – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

Amid the COVID-19 crisis, the global market for Pulse Oximeters estimated at US$1.9 Billion in the year 2020, is projected to reach a revised size of US$2.6 Billion by 2027, growing at a CAGR of 5.2% over the analysis period 2020-2027. Handheld, one of the segments analyzed in the report, is projected to record a 5.5% CAGR and reach US$1.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Fingertip segment is readjusted to a revised 5.7% CAGR for the next 7-year period.

The Pulse Oximeters market in the U.S. is estimated at US$503.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$547.3 Million by the year 2027 trailing a CAGR of 7.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.

In the global Other Types segment, USA, Canada, Japan, China and Europe will drive the 3.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$344.8 Million in the year 2020 will reach a projected size of US$437.6 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$352.7 Million by the year 2027, while Latin America will expand at a 4.8% CAGR through the analysis period.

Select Competitors (Total 68 Featured):

  • CAS Medical Systems, Inc.
  • Criticare Systems Inc.
  • Masimo Corporation
  • Mediaid Inc.
  • Medtronic plc
  • Nihon-Kohden Corp.
  • Nonin Medical Inc.
  • Opto Circuits (India) Ltd.
  • Philips Healthcare
  • Spacelabs Healthcare Inc.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Pulse Oximetry Market Treads at a Steady Rate
  • Recent Market Activity
  • Current and Future Analysis
  • Rising Disease Incidence in Developing Countries Offers Growth Opportunities
  • Sensors Gain Significance in Oximetry Business
  • Disposable Sensors Preferred the Most
  • Opportunities for Pulse Oximetry Monitoring in Alternate Care Market
  • Rising Incidence of Diseases Puts Pulse Oximeters Market in Overdrive
  • Rising Healthcare Expenditure Induce Momentum in the Market
  • Ballooning Global Population Offers Significant Growth Opportunities
  • Rising Healthcare Needs Drives Demand for Pulse Oximeters
  • Drawbacks in Pulse Oximetry Call for Further Advances in Technology
  • Select Key Limitations of Pulse Oximetry
  • Challenges in Pulse Oximeters Market

2. FOCUS ON SELECT PLAYERS

  • CAS Medical Systems, Inc. (USA)
  • Masimo Corporation (USA)
  • Medtronic plc (Republic of Ireland)
  • Medtronic plc (Republic of Ireland)
  • Nonin Medical, Inc. (USA)
  • Opto Circuits (India) Ltd. (India)
  • Criticare Systems, Inc. (USA)
  • Mediaid Inc. (USA)
  • Spacelabs Healthcare, Inc. (USA)
  • Philips Healthcare (USA)

3. MARKET TRENDS & DRIVERS

  • Technological Innovations – A Cornerstone for Evolution of Pulse Oximeters
  • Product innovations to Boost Prospects
  • Growing Range of Oximetry Devices
  • Wrist-worn Devices to Gain Traction
  • Alarm Management Improves Conferring Better Services
  • Growing Preference for Wireless Pulse Oximeters
  • Mobile Phone Penetration: An Opportunity Indicator for Mobile-Based Pulse Oximeters
  • Oximetry Turns Green
  • Exploration for New Markets Continues
  • General Care Floor Area – A High Market Opportunity
  • Athletes – A New Market Prospect for Pulse Oximeters
  • Pulse Oximeters for Detection of Congenital Heart Diseases
  • Esophagus – Possible Alternative Site for Measuring SpO2 Levels
  • Forehead Sensor Effective in Pulse Oximeter Monitoring
  • Nasal Ala – An Alternative Site for Pulse Oximetry Measurements
  • New Pulse Oximetry Technology Revolutionizes Pre-eclampsia Monitoring
  • Systems Integration: Novel Prospect for Pulse Oximetry Industry
  • Integrated Telemetry, Central Monitoring Enables, Patient Care in Non-Critical and Non-Hospital Environment
  • Pulse Oximetry in Wearables – The Future in Store
  • Low-Income Countries Largely Elusive of Pulse Oximetry
  • Pulse Oximeters Enter Online Market
  • Low-Cost Producers Threaten Device Prices

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/reports/338868/pulse_oximeters_global_market_trajectory_and?utm_source=BW&utm_medium=PressRelease&utm_code=r2n2fv&utm_campaign=1548586+-+Global+Pulse+Oximeters+Market+to+Reach+%242.6+Billion+by+2027+-+Sensors+Gain+Significance+in+Oximetry+Business&utm_exec=cari18prd

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900