Pulse oximeter market report is a comprehensive study on how the medical devices industry is changing because of pulse oximeter market.
There are several systematic information in the report, like what the CAGR values are going to be in the forecast years of 2018-2025, and what the market definition, classifications, applications and market trends mean and how to use them to achieve a greater edge on the key players and brands whose company profiles are included in the report.
Market Analysis: Global Pulse Oximeter Market
The Global Pulse Oximeter Market is expected to reach USD 2.83 billion by 2025, from USD 1.72 million in 2017 growing at a CAGR of 6.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, South Africa and, Brazil among others.
Competitive Analysis: Global Pulse Oximeter Market
The global pulse oximeter market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of pulse oximeter market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players:
- Philips Healthcare,
- CAS Medical Systems,
- Criticare Systems,
- Edan Instruments,
- GE Healthcare,
- Korrida Medical Systems,
- Med Shop and Beyond,
- Mindray Medical International,
- Nihon Kohden,
- Nonin Medical,
- Omron Healthcare,
- Opto Circuits,
- Spacelabs Healthcare,
- Technocare Medisystems among others.
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Major Market Drivers and Restraints:
- Increasing healthcare costs and preference of home care
- Occurrence of target diseases
- Rising patient monitoring in diagnosis and treatment regime
- Price erosion
- Lack of awareness in developing countries
Market Segmentation: Global Pulse Oximeter Market
- The Global Pulse Oximeter Market is segmented based on Type, End-users, and Geography
- By type the global pulse oximeter market is segmented into fingertip pulse oximeters, handheld pulse oximeters and others.
- On the basis of end-user the global pulse oximeter market is segmented into hospitals and other healthcare facilities, homecare and others.
- Based on geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa.
Key Developments in the Market:
- In January 2017, Masimo launched patient monitoring products in India, Rad-97 Pulse-CO Oximeter and SedLine Brain Function Monitoring. These products are to improve the patient monitoring capabilities of clinicians in the India.
In 2016, Masimo got the FDA clearance of forehead sensor and also the CE mark for RAS-45