The global pulse oximeters market was valued at USD 2,065.1 million in 2019 and is expected to grow at a CAGR of 6.5% over the forecast period. Rising target disease burden and growing government focus on betterment of healthcare facilities are key factors driving the growth of the global pulse oximeters market.
Adroit Market Research report on global pulse oximeters market gives a holistic view of the market from 2018 to 2028, which includes factors such as market drivers, restraints, opportunities, and challenges. The market has been studied for the period 2018 to 2028, with the base year of estimation as 2019 and forecast from 2020 to 2028. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the market competition with Porter's five forces analysis and company positioning based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global pulse oximeters market have been studied in detail.
North America currently holds the largest share in pulse oximeters market owing to the presence of significant number of major players across the region along with growing investments by the established firms. However, Asia Pacific is going to record growth at a faster pace on account of growing geriatric population especially across emerging economies such as India, China, and Japan in particular. Furthermore, the market growth across the Asia Pacific region is attributed to rising government focus on development of advanced healthcare facilities for the growing population.
The prominent players operating in global pulse oximeters market includes Medtronic (Covidien), CareFusion Corp., GE Healthcare, Philips Healthcare, Masimo, CAS Medical Systems, Inc., Nonin Medical, Inc., Smiths Medical, Welch Allyn, Spacelabs Healthcare among other prominent players.
Key segments of the global pulse oximeters market
Type Overview, 2018-2028 (USD Million)
End-Use Overview, 2018-2028 (USD Million)
Regional Overview, 2018-2028 (USD Million)
- North America
- United Kingdom
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- South Africa
- Rest of Middle East and Africa