Pulse Oximeter Market Size Development Trends, Competitive Landscape and Key Regions 2030
According to Global Market Insights, Pulse Oximeter Market provides a comprehensive analysis of the Pulse Oximeter market segments, including their dynamics, size, growth, regulatory requirements, technological trends, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Pulse Oximeter industry.
During the coronavirus pandemic, the industry witnessed exponential growth due to an unprecedented surge in the number of COVID-19 infected people who required frequent and accurate oxygen monitoring. Moreover, major players in the industry have been engaging in product innovation, along with partnerships & collaborations, to enhance their business presence, thereby supplementing market growth.
Browse key industry insights spread across 170 pages with 229 market data tables & 19 figures & charts from the report, “Pulse Oximeter Market Analysis By Product Type (Fingertip Pulse Oximeters, Hand-held Pulse Oximeters, Wrist-worn Pulse Oximeters, Table-top/Bedside Pulse Oximeters), Technology (Conventional, Connected), Age Group (Adult, Pediatric), End-use (Hospitals and Clinics, Homecare), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2022 – 2030” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/pulse-oximeters-market
For instance, in May 2022, Masimo Corporation, a leading medical technology company, announced the findings of a study published in the American Journal of Emergency Medicine. The study found that Masimo PVi could be employed as a rapid, non-inclusive, and objective tool to guide emergency room triage decisions for pediatric patients with ORD (obstructive respiratory disease), such as asthma attacks.
The pulse oximeter market has been bifurcated in terms of age group, product type, end-use, technology, and region. With regards to product type, the market has been divided into wrist-worn pulse oximeters, hand-held pulse oximeters, table top/bedside pulse oximeters, and fingertip pulse oximeters. In 2021, the hand-held pulse oximeters segment garnered around $493 million in revenue and is anticipated to grow at a CAGR of about 4.5% through the analysis period owing to rising instances of chronic obstructive pulmonary diseases (COPD) across the world.
Based on technology, the pulse oximeter market has been categorized into connected and conventional. The conventional segment is anticipated to expand at around 3.8% CAGR over the assessment timeline as a result of increased adoption of conventional pulse oximeters as they aid in the diagnosis of hypoxia, a commonly observed condition in acute respiratory diseases and in the COVID-19 infection.
In terms of age group, the pulse oximeter market has been classified into adult and pediatric. The pediatric segment accounted for a substantial market share in 2021 and is projected to reach a valuation of nearly $964 million by 2030. This growth is attributed to mounting incidences of congenital heart diseases in children.
With reference to end-use, the market has been segmented into homecare, hospitals and clinics, and others. The hospital and clinics segment held a lion's share in the market in 2021 and is contemplated to witness prominent growth to reach over $1,747 million in revenue by the end of the review period. Factors like the availability of highly skilled surgeons & nurses that emphasize the delivery of quality patient management in chronic respiratory disorders are slated to augment segmental growth.
Partial Table of Contents (ToC) of the report:
Chapter 1 Methodology
1.1 Market definitions
1.2 Base estimates & working
1.3 Forecast parameters
1.4 Data validation
1.5 Data sources
1.5.1 Secondary
1.5.1.1 Paid sources
1.5.1.2 Unpaid sources
1.5.2 Primary
Chapter 2 Executive Summary
2.1 Pulse oximeter industry 3600 synopsis, 2017 - 2030
2.1.1 Business trends
2.1.2 Product type trends
2.1.3 Technology trends
2.1.4 Age group trends
2.1.5 End-use trends
2.1.6 Regional trends
Browse complete table of content of this report @ https://www.gminsights.com/toc/detail/pulse-oximeters-market
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