The Pulse Oximeter Global Market Report 2023, provides comprehensive information on the pulse oximeter market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global pulse oximeter market size is expected to grow from $2.45 billion in 2022 to $2.58 billion in 2023 at a compound annual growth rate (CAGR) of 5.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global pulse oximeter market size is expected to reach $3.13 billion in 2027 at a CAGR of 4.9%.
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Product innovation has emerged as a key trend gaining popularity in the pulse oximeter market. Major market players are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, in March 2021, Nonin Medical Inc. a US-based provider of OEM solutions, launched single-use accessories for WristOx2® 3150 Pulse Oximeters. This product is unique as it provides a more convenient and safer alternative to traditional reusable pulse oximeter accessories and it offers enhanced patient comfort. WristOx2® 3150 Pulse Oximeters is a compact, lightweight, and wearable device used to measure oxygen saturation levels in the blood.
The pulse oximeter market is segmented:
1) By Product Type: Fingertip, Handheld, Wrist-worn, Table-Top, And Bedside
2) By Technology: Conventional, Connected
3) By Age Group: Adult, Pediatric
4) By End-User: Hospitals And Clinics, Ambulatory Surgical Centers, Home Healthcare
North America was the largest region in the pulse oximeter market in 2022.
The table of contents in TBRC’s pulse oximeter market report includes:
1. Executive Summary
2. Pulse Oximeter Market Characteristics
3. Pulse Oximeter Market Trends And Strategies
4. Pulse Oximeter Market – Macro Economic Scenario
5. Pulse Oximeter Market Size And Growth
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26. Africa Pulse Oximeter Market
27. Pulse Oximeter Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Pulse Oximeter Market
29. Pulse Oximeter Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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