A pulse oximeter is a small, lightweight device that is used to monitor the amount of oxygen carried in the body. This non-invasive tool attached painlessly to a fingertip, disbursing two wavelengths of light through the finger to measure pulse rate and the level of oxygen present in an individual’s system. The global Pulse Oximeters Market has been segmented on the basis of type, end-use, as well as regions and countries.
The increasing demand for vital stats monitoring, as well as the rising emphasis on patient safety when under the influence of anesthesia are major factors that are expected to influence revenue growth of the global pulse oximeters market in the years to come. Several initiatives by private and government organizations to raise awareness concerning patient monitoring, and the availability of new products are also expected to have an impact on market growth.
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Segmentation of the global pulse oximeters market is as follows:
In terms of type, the handheld devices segment accounted for the majority revenue share of the global market in 2019, as the probe of these devices, which is extremely delicate, can be replaced in handheld pulse oximeters.
On the basis of end-use, the hospitals & other healthcare facilities segment accounted for the highest number of revenue shares of the global pulse oximeters market in 2019, owing to an increase in the number of emergency room visits and surgeries being performed. However, the homecare segment is also expected to gain significant revenue returns over the next 10 years.
Regional Segmentation and Analysis:
North America accounted for the majority revenue share of the global pulse oximeters market in 2019, owing to the increasing awareness concerning the importance of monitoring respiratory vitals of patients.
Segmentation of the Global Pulse Oximeters Market:
Segmentation by Type:
Segmentation by End-Use:
- Hospitals and Other Healthcare Facilities
- Medtronic (Covidien)
- Carefusion Corp.
- GE Healthcare
- Philips Healthcare
- CAS Medical Systems Inc.
- Opto Circuits India Ltd.
- Nonin Medical Inc.
- Smiths Medical
- Welch Allyn
- Spacelabs Healthcare
- Meditech Equipment Co.
- NIHON KOHDEN CORPORATION