Global Tissue Oximetry Devices Market Size Study & Forecast, By Type (Handheld Devices, Modular Devices) By Application (Cardiology, Neurology, Nephrology, Others), By End-User (Hospitals & ASCs, Clinics, Others) and Regional Analysis, 2023-2030

Global Tissue Oximetry Devices Market Size Study & Forecast, By Type (Handheld Devices, Modular Devices) By Application (Cardiology, Neurology, Nephrology, Others), By End-User (Hospitals & ASCs, Clinics, Others) and Regional Analysis, 2023-2030


Global Tissue Oximetry Devices Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Tissue oximetry devices are sophisticated medical instruments designed to measure the oxygen saturation levels in tissue beneath the skin's surface. These non-invasive devices utilize near-infrared spectroscopy (NIRS) technology to assess tissue oxygenation in real time, offering valuable insights into tissue perfusion and oxygen delivery. These devices find applications across a wide range of medical specialties, including critical care, surgery, neonatology, and vascular medicine, where maintaining adequate tissue oxygenation is critical for patient outcomes. Tissue oximetry devices play a vital role in guiding clinical decision-making, optimizing patient care, and improving outcomes in diverse healthcare settings. The Tissue Oximetry Devices market is expanding because of factors such as the increasing prevalence of chronic diseases, increasing volume of surgical procedures, and growing adoption in neonatal care.

According to a July 2022 article from the National Center for Biotechnology Information, a comparative study was conducted to evaluate the efficacy of tissue oximetry compared to pulse oximetry. The study found that tissue oximetry detected hypoxia effects earlier than pulse oximetry. Additionally, tissue oximetry's near-infrared spectroscopy allows for real-time monitoring of respiratory cycles. Tissue oximetry devices offer non-invasive monitoring of tissue oxygenation for various clinical scenarios, including hypotension, hypovolemia, hemorrhage, shock, or ischemia. These devices are commonly utilized for measuring cerebral oxygenation during cardiac surgeries. Market growth is driven by factors such as an increase in the incidence of heart diseases and the growing demand for cardiac surgery. The Centers for Disease Control and Prevention (CDC) 2022 report states that in 2020, 20.1 million persons aged 20 and older had coronary artery disease. Furthermore, the same report stated that every year about 805,000 Americans have a heart attack. Moreover, the National Library of Medicine announced in September 2022 that more than 200,000 heart valve replacement procedures are carried out annually worldwide, with an increase to 8,50,000 per year expected by 2050. These rising heart valve replacement procedures indicate the rising prevalence of cardiac vascular diseases which is further driving the market growth. In addition, ongoing advancements in tissue oximetry technology and increasing reimbursement coverage for tissue oximetry procedures are creating new opportunities for market growth. However, the availability of alternative technologies and the high cost of Tissue Oximetry Devices stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Tissue Oximetry Devices Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the escalating prevalence of cardiovascular ailments, the expanding volume of cardiac surgical interventions, and the rise in approvals from the U.S. FDA for accessories facilitating integration with tissue oximetry systems. Asia Pacific is expected to grow at the fastest rate during the forecast period, owing to factors such as rising geriatric and target populations, rising prevalence of cardiac diseases, an increase in the number of collaborations for product development, and active participation of government in healthcare infrastructure and technological development in market space.

Major market players included in this report are:
Medtronic plc (Ireland)
Masimo Corporation (United States)
Nonin Medical, Inc. (United States)
Koninklijke Philips N.V. (Netherlands)
Vaso Corporation (United States)
GE Healthcare (United States)
Hamamatsu Photonics K.K. (Japan)
Perimed AB (Sweden)
Noninvasive Medical Technologies LLC (United States)
Moor Instruments Limited (United Kingdom)

Recent Developments in the Market:
 In May 2023, Spectros Medical Devices, Inc. launched tissue monitoring technology, which has proven to be indispensable in the post-reconstructive microsurgery phase. Through its sensors, this technology enables early detection of vascular compromise, revolutionizing global healthcare delivery standards.
 In December 2021, Medtronic obtained 510(k) clearance from the U.S. Food and Drug Administration (FDA) for its INVOS 7100 somatic/cerebral oximetry system tailored for pediatric use. This regulatory milestone extended the application of the INVOS 7100 system to monitor organ-specific oxygen levels, enhancing early warning capabilities for neonates and children.

Global Tissue Oximetry Devices Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered – Type, Application, End-User, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters to detailed information about the crucial aspects such as driving factors & challenges that will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:
Handheld Devices
Modular Devices
By Application:
Cardiology
Neurology
Nephrology
Others
By End-User:
Hospitals & ASCs
Clinics
Others
By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Tissue Oximetry Devices Market, by Region, 2020-2030 (USD Billion)
1.2.2. Tissue Oximetry Devices Market, by Type, 2020-2030 (USD Billion)
1.2.3. Tissue Oximetry Devices Market, by Application, 2020-2030 (USD Billion)
1.2.4. Tissue Oximetry Devices Market, by End-User, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Tissue Oximetry Devices Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Tissue Oximetry Devices Market Dynamics
3.1. Tissue Oximetry Devices Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing Prevalence of Chronic Diseases
3.1.1.2. Increasing Volume of Surgical Procedures
3.1.1.3. Growing Adoption in Neonatal Care
3.1.2. Market Challenges
3.1.2.1. Availability of Alternative Technologies
3.1.2.2. High Cost of Tissue Oximetry Devices
3.1.3. Market Opportunities
3.1.3.1. Ongoing Advancements in Tissue Oximetry Technology
3.1.3.2. Increasing Reimbursement Coverage for Tissue Oximetry Procedures
Chapter 4. Global Tissue Oximetry Devices Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Tissue Oximetry Devices Market, by Type
5.1. Market Snapshot
5.2. Global Tissue Oximetry Devices Market by Type, Performance - Potential Analysis
5.3. Global Tissue Oximetry Devices Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. Tissue Oximetry Devices Market, Sub Segment Analysis
5.4.1. Handheld Devices
5.4.2. Modular Devices
Chapter 6. Global Tissue Oximetry Devices Market, by Application
6.1. Market Snapshot
6.2. Global Tissue Oximetry Devices Market by Application, Performance - Potential Analysis
6.3. Global Tissue Oximetry Devices Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Tissue Oximetry Devices Market, Sub Segment Analysis
6.4.1. Cardiology
6.4.2. Neurology
6.4.3. Nephrology
6.4.4. Others
Chapter 7. Global Tissue Oximetry Devices Market, by End-User
7.1. Market Snapshot
7.2. Global Tissue Oximetry Devices Market by End-User, Performance - Potential Analysis
7.3. Global Tissue Oximetry Devices Market Estimates & Forecasts by End-User 2020-2030 (USD Billion)
7.4. Tissue Oximetry Devices Market, Sub Segment Analysis
7.4.1. Hospitals & ASCs
7.4.2. Clinics
7.4.3. Others
Chapter 8. Global Tissue Oximetry Devices Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Tissue Oximetry Devices Market, Regional Market Snapshot
8.4. North America Tissue Oximetry Devices Market
8.4.1. U.S. Tissue Oximetry Devices Market
8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
8.4.1.3. End-User breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Tissue Oximetry Devices Market
8.5. Europe Tissue Oximetry Devices Market Snapshot
8.5.1. U.K. Tissue Oximetry Devices Market
8.5.2. Germany Tissue Oximetry Devices Market
8.5.3. France Tissue Oximetry Devices Market
8.5.4. Spain Tissue Oximetry Devices Market
8.5.5. Italy Tissue Oximetry Devices Market
8.5.6. Rest of Europe Tissue Oximetry Devices Market
8.6. Asia-Pacific Tissue Oximetry Devices Market Snapshot
8.6.1. China Tissue Oximetry Devices Market
8.6.2. India Tissue Oximetry Devices Market
8.6.3. Japan Tissue Oximetry Devices Market
8.6.4. Australia Tissue Oximetry Devices Market
8.6.5. South Korea Tissue Oximetry Devices Market
8.6.6. Rest of Asia Pacific Tissue Oximetry Devices Market
8.7. Latin America Tissue Oximetry Devices Market Snapshot
8.7.1. Brazil Tissue Oximetry Devices Market
8.7.2. Mexico Tissue Oximetry Devices Market
8.8. Middle East & Africa Tissue Oximetry Devices Market
8.8.1. Saudi Arabia Tissue Oximetry Devices Market
8.8.2. South Africa Tissue Oximetry Devices Market
8.8.3. Rest of Middle East & Africa Tissue Oximetry Devices Market
Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Medtronic plc (Ireland)
9.3.1.1. Key Information
9.3.1.2. Overview
9.3.1.3. Financial (Subject to Data Availability)
9.3.1.4. Product Summary
9.3.1.5. Recent Developments
9.3.2. Masimo Corporation (United States)
9.3.3. Nonin Medical, Inc. (United States)
9.3.4. Koninklijke Philips N.V. (Netherlands)
9.3.5. Vaso Corporation (United States)
9.3.6. GE Healthcare (United States)
9.3.7. Hamamatsu Photonics K.K. (Japan)
9.3.8. Perimed AB (Sweden)
9.3.9. Noninvasive Medical Technologies LLC (United States)
9.3.10. Moor Instruments Limited (United Kingdom)
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
List of Tables
TABLE 1. Global Tissue Oximetry Devices Market, report scope
TABLE 2. Global Tissue Oximetry Devices Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Tissue Oximetry Devices Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global Tissue Oximetry Devices Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Tissue Oximetry Devices Market estimates & forecasts by End-User 2020-2030 (USD Billion)
TABLE 6. Global Tissue Oximetry Devices Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Tissue Oximetry Devices Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Tissue Oximetry Devices Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Tissue Oximetry Devices Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Tissue Oximetry Devices Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Tissue Oximetry Devices Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Tissue Oximetry Devices Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Tissue Oximetry Devices Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Tissue Oximetry Devices Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Tissue Oximetry Devices Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Tissue Oximetry Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Tissue Oximetry Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Tissue Oximetry Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Tissue Oximetry Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Tissue Oximetry Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Tissue Oximetry Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Tissue Oximetry Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Tissue Oximetry Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Tissue Oximetry Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Tissue Oximetry Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Tissue Oximetry Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Tissue Oximetry Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Tissue Oximetry Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Tissue Oximetry Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Tissue Oximetry Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Tissue Oximetry Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Tissue Oximetry Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Tissue Oximetry Devices Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Tissue Oximetry Devices Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Tissue Oximetry Devices Market
TABLE 71. List of primary sources, used in the study of global Tissue Oximetry Devices Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
FIGURE 1. Global Tissue Oximetry Devices Market, research methodology
FIGURE 2. Global Tissue Oximetry Devices Market, Market estimation techniques
FIGURE 3. Global Market size estimates & forecast methods
FIGURE 4. Global Tissue Oximetry Devices Market, key trends 2022
FIGURE 5. Global Tissue Oximetry Devices Market, growth prospects 2023-2030
FIGURE 6. Global Tissue Oximetry Devices Market, porters 5 force model
FIGURE 7. Global Tissue Oximetry Devices Market, pest analysis
FIGURE 8. Global Tissue Oximetry Devices Market, value chain analysis
FIGURE 9. Global Tissue Oximetry Devices Market by segment, 2020 & 2030 (USD Billion)
FIGURE 10. Global Tissue Oximetry Devices Market by segment, 2020 & 2030 (USD Billion)
FIGURE 11. Global Tissue Oximetry Devices Market by segment, 2020 & 2030 (USD Billion)
FIGURE 12. Global Tissue Oximetry Devices Market by segment, 2020 & 2030 (USD Billion)
FIGURE 13. Global Tissue Oximetry Devices Market by segment, 2020 & 2030 (USD Billion)
FIGURE 14. Global Tissue Oximetry Devices Market, regional snapshot 2020 & 2030
FIGURE 15. North America Tissue Oximetry Devices Market 2020 & 2030 (USD Billion)
FIGURE 16. Europe Tissue Oximetry Devices Market 2020 & 2030 (USD Billion)
FIGURE 17. Asia Pacific Tissue Oximetry Devices Market 2020 & 2030 (USD Billion)
FIGURE 18. Latin America Tissue Oximetry Devices Market 2020 & 2030 (USD Billion)
FIGURE 19. Middle East & Africa Tissue Oximetry Devices Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings