Global Pulse Oximetry Market Growth 2023-2029

Global Pulse Oximetry Market Growth 2023-2029

Pulse oximetry is a non-invasive method for monitoring a person's O2 saturation.In its most common (transmissive) application mode, a sensor device is placed on a thin part of the patient's body, usually a fingertip or earlobe, or in the case of an infant, across a foot. The device passes two wavelengths of light through the body part to a photodetector. It measures the changing absorbance at each of the wavelengths, allowing it to determine the absorbances due to the pulsing arterial blood alone, excluding venous blood, skin, bone, muscle, fat, and (in most cases) nail polish.

LPI (LP Information)' newest research report, the “Pulse Oximetry Industry Forecast” looks at past sales and reviews total world Pulse Oximetry sales in 2022, providing a comprehensive analysis by region and market sector of projected Pulse Oximetry sales for 2023 through 2029. With Pulse Oximetry sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pulse Oximetry industry.

This Insight Report provides a comprehensive analysis of the global Pulse Oximetry landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pulse Oximetry portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pulse Oximetry market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pulse Oximetry and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pulse Oximetry.

The global Pulse Oximetry market size is projected to grow from US$ 2086.3 million in 2022 to US$ 3525 million in 2029; it is expected to grow at a CAGR of 3525 from 2023 to 2029.

China is the largest Pulse Oximetry market with about 28% market share. USA is follower, accounting for about 11% market share.

The key players are GE Healthcare, Philips, Smiths Medical, Nonin Medical, Medtronic, Masimo, Delta Electronics, Acare Technology, Konica Minolta, Spencer, Solaris, Contec, Yuwell, ChoiceMMed, Heal Force, Biolight, Edan, Mindray, Jiangsu Avic, Creative Medical, Uray Medical, Wuhan Strong, Utech, Jerry Medical Instrument, General Meditech, Medzone etc. Top 3 companies occupied about 60% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Pulse Oximetry market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Fingertip Pulse Oximetry

Handheld Pulse Oximetry

Wrist-Worn Pulse Oximetry

Segmentation by application

Hospital

Ambulatory Surgical Center

Home Care

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

GE Healthcare

Philips

Smiths Medical

Nonin Medical

Medtronic

Masimo

Delta Electronics

Acare Technology

Konica Minolta

Spencer

Solaris

Contec

Yuwell

ChoiceMMed

Heal Force

Biolight

Edan

Mindray

Jiangsu Avic

Creative Medical

Uray Medical

Wuhan Strong

Utech

Jerry Medical Instrument

General Meditech

Medzone

Key Questions Addressed in this Report

What is the 10-year outlook for the global Pulse Oximetry market?

What factors are driving Pulse Oximetry market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Pulse Oximetry market opportunities vary by end market size?

How does Pulse Oximetry break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.