Press release
Pulse Oximeter Market Global Development Trends, Challenges, With Future Upcoming Trends To 2025: Philips, Medtronic, Masimo, CAS Medical Systems, Dräger, Edan Instruments, Inc., GE Healthcare, iHealth Labs, MEDITECH
The forecast period 2018-2025 is going to be great for the pulse oximeter market which will be the face changer for Medical Devices industry. The users are increasing day by day hence increasing the sales, import, export, revenue and CAGR values. The SWOT analysis shows what the market drivers and restrains are for the pulse oximeter market.The key players and brands are the driving factors for the market that are using moves such as product launches, joint ventures, merges and accusations. This report provides a thorough synopsis on the market’s definition, classifications, applications, and engagements.
In November 2013, CareFusion Corp. acquired Vital Signs division of GE Healthcare from U.S., China and various other locations. This transaction was worth USD 500.0 million and is expected to expand the size of specialty disposable business.
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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.
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.
Major Market Competitors/Players:
• Medtronic,
• Philips Healthcare,
• Masimo,
• CAS Medical Systems,
• Criticare Systems,
• Drägerwerk,
• Edan Instruments,
• FaceLake,
• GE Healthcare,
• iHealth,
• Korrida Medical Systems,
• Med Shop and Beyond,
• Meditech,
• Mindray Medical International,
• Nihon Kohden,
• Nonin Medical,
• Omron Healthcare,
• Opto Circuits,
• Spacelabs Healthcare,
• Suaoki,
• 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.
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.
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