Press release
Pulse Oximeter Market to Reach USD 5.53 Bn by 2030, Growing at 10.2% CAGR
Pulse Oximeter Market
The global pulse oximeter market is experiencing substantial expansion, with projections indicating a rise from USD 2.80 billion in 2023 to USD 5.53 billion by 2030, reflecting a compound annual growth rate (CAGR) of 10.2%.
This growth is driven by increasing awareness of respiratory health, technological advancements, and the rising prevalence of respiratory diseases.
๐๐ฎ๐ฅ๐ฌ๐ ๐๐ฑ๐ข๐ฆ๐๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
Pulse oximeters are non-invasive devices that measure blood oxygen saturation and heart rate, essential for monitoring conditions like asthma, pneumonia, and chronic obstructive pulmonary disease (COPD). The COVID-19 pandemic has further underscored their importance in both clinical and home settings, promoting widespread adoption for early detection of respiratory distress.
๐๐๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/123401/
๐๐ฎ๐ฅ๐ฌ๐ ๐๐ฑ๐ข๐ฆ๐๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
๐ท๐๐๐๐ ๐ถ๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ถ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐ฝ๐๐๐๐๐๐:
Vietnam is witnessing a growing demand for pulse oximeters due to increasing healthcare awareness and government initiatives to improve medical infrastructure. The market is expected to expand as local and international companies explore opportunities for growth and investment.
๐ท๐๐๐๐ ๐ถ๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ป๐๐๐๐ ๐ ๐๐ ๐ป๐๐๐๐๐๐๐ :
In Thailand, the adoption of pulse oximeters is on the rise, driven by a focus on enhancing patient care and monitoring. The integration of advanced technologies in healthcare devices is a notable trend, with companies introducing innovative products to meet the evolving needs of healthcare providers and patients.
๐ท๐๐๐๐ ๐ถ๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ฎ๐๐๐๐๐ ๐๐ ๐ฑ๐๐๐๐:
Japan's pulse oximeter market generated a revenue of USD 123.2 million in 2023 and is expected to reach USD 209.2 million by 2030, growing at a CAGR of 7.9%.
This growth is attributed to the country's advanced healthcare system and the increasing prevalence of respiratory conditions among its aging population.
๐ท๐๐๐๐ ๐ถ๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ฌ๐๐๐๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐ ๐ฒ๐๐๐๐:
South Korea is experiencing a surge in the adoption of pulse oximeters, supported by technological advancements and a robust healthcare infrastructure. The market is poised for growth as companies focus on developing user-friendly and accurate devices to cater to both clinical and homecare settings.
๐ท๐๐๐๐ ๐ถ๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ซ๐๐๐๐๐๐๐๐๐๐๐ ๐๐ ๐บ๐๐๐๐๐๐๐๐:
Singapore's healthcare sector is embracing the use of pulse oximeters, with a focus on integrating smart technologies for better patient monitoring. The market is expected to grow as healthcare providers adopt connected devices to enhance patient outcomes and streamline healthcare services.
๐ท๐๐๐๐ ๐ถ๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ช๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐ผ๐๐๐๐๐ ๐บ๐๐๐๐๐:
The United States remains a significant market for pulse oximeters, driven by the high prevalence of respiratory diseases and a well-established healthcare system. The market is witnessing consolidation, with key players engaging in mergers and acquisitions to strengthen their market position and expand product offerings.
๐ท๐๐๐๐ ๐ถ๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ผ๐๐ ๐๐๐๐๐ ๐๐ ๐ช๐๐๐๐:
China's pulse oximeter market is undergoing rapid transformation, fueled by increasing healthcare investments and a growing focus on remote patient monitoring. The adoption of advanced pulse oximeters is on the rise, catering to the needs of a vast and diverse population.
๐ท๐๐๐๐ ๐ถ๐๐๐๐๐๐๐ ๐ด๐๐๐๐๐ ๐ป๐๐๐๐ ๐ ๐๐ ๐ฌ๐๐๐๐๐:
Europe is experiencing a steady increase in the use of pulse oximeters, driven by initiatives to improve patient care and manage chronic diseases effectively. The market is characterized by the introduction of innovative products and the adoption of telemedicine solutions across various countries.
๐๐๐ ๐๐ซ ๐ญ๐จ ๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ฐ๐ก๐๐ญ'๐ฌ ๐ฐ๐ข๐ญ๐ก๐ข๐ง? ๐๐๐๐ฎ๐ซ๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/123401/
๐๐๐ฒ ๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
The pulse oximeter industry has seen significant developments, including mergers and acquisitions aimed at enhancing product portfolios and expanding market reach. For instance, in December 2021, ๐๐ฒ๐ง๐๐ฑ, ๐๐ง๐. ๐๐๐ช๐ฎ๐ข๐ซ๐๐ ๐๐๐ฌ๐ญ๐ซ๐๐ฅ ๐๐๐๐ฌ, ๐๐ง๐., a patient monitoring technology company, to add laser-based pulse oximetry products to its offerings.
Such strategic moves are expected to drive market growth and foster innovation in the sector.
๐๐ฎ๐ฅ๐ฌ๐ ๐๐ฑ๐ข๐ฆ๐๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐๐ฎ ๐๐ง๐ค๐๐ช๐๐ฉ ๐๐ฎ๐ฅ๐
Fingertip Oximeters
Handheld Oximeters
Tabletop Oximeters
Others
๐๐ฎ ๐๐๐๐๐ฃ๐ค๐ก๐ค๐๐ฎ
Conventional
Smart
๐๐ฎ ๐ผ๐๐ ๐๐ง๐ค๐ช๐ฅ
Adults
Pediatrics
๐๐ฎ ๐๐ฃ๐-๐๐จ๐๐ง
Hospitals and Ambulatory Surgical Centers
Clinics
Home Healthcare
Others
The market is divided into four segments based on product type: tabletop oximeters, handheld oximeters, fingertip oximeters, and others. In 2023, fingertip oximeters were the most popular product type in the pulse oximeter market. Because of their many advantages, fingertip oximeters can be used in a variety of clinical settings, such as clinics, hospitals, ambulatory care facilities, and home healthcare settings. Because of their small size and low weight, these gadgets are convenient to carry about. Their compact size enables both on-the-go monitoring in ambulatory care settings and easy bedside monitoring of patients in clinics and hospitals. Because the fingertip oximeters are portable, patients can use them at home to periodically check their pulse rates and oxygen saturation levels without having to make frequent trips to medical facilities.
๐ ๐จ๐ซ ๐ ๐ฆ๐จ๐ซ๐ ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐ฉ๐ฅ๐๐๐ฌ๐ ๐ซ๐๐๐๐ซ ๐ญ๐จ ๐ญ๐ก๐ ๐๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/123401/
๐๐ฎ๐ฅ๐ฌ๐ ๐๐ฑ๐ข๐ฆ๐๐ญ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Global
1. Masimo Corporation (United States)
2. Medtronic plc (Ireland)
3. Koninklijke Philips N.V. (Netherlands)
4. Nonin Medical, Inc. (United States)
5. Smiths Medical (United Kingdom)
North American
1. Nihon Kohden Corporation (United States)
2. GE Healthcare (United States)
3. Welch Allyn, Inc. (United States)
Europe
1. Draegerwerk AG & Co. KGaA (Germany)
2. GE Healthcare (United Kingdom)
Asia Pacific
1. Mindray Medical International Limited (China)
2. Nihon Kohden Corporation (Japan)
3. Heal Forsce Bio-Meditech Holdings Limited (China)
4. Contec Medical Systems Co., Ltd. (China)
5. ChoiceMMed (China)
๐๐ข๐ฏ๐ ๐ข๐ง๐ญ๐จ ๐๐จ๐ฉ๐ฎ๐ฅ๐๐ซ ๐๐ข๐ฌ๐๐ฎ๐ฌ๐ฌ๐ข๐จ๐ง๐ฌ:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
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