US Pulse Oximeters Market Forecast to 2027 - COVID-19 Impact and Country Analysis By Type (Fingertip Pulse Oximeters, Handheld Pulse Oximeters, Wrist-worn Pulse Oximeters, and Pediatric Pulse Oximeters), End User (Hospitals, Clinics, and Others), and Country
Market Introduction
Pulse oximeter is a non-invasive device used for monitoring oxygen saturation level in blood. It is a small, clip-like device that is attached to finger or earlobe. It is primarily used in intensive care, operating, and emergency care for assessment of a patient’s oxygen level. Pulse oximeters are useful for patients with cardiac problem, respiratory problems, and chronic obstructive pulmonary diseases. The US pulse oximeters market growth is mainly attributed to increasing prevalence of respiratory diseases and growing preference for remote patient monitoring. Moreover, strategic developments by manufacturers, such as product innovations, product launches, R&D investments, and mergers and acquisitions, are further expected to foster the market growth during the forecast period. However, inaccuracies in pulse oximeter readings due to several factors, such as changes in the arterial pulse, body movements, color interferences, and venous pulsations, limit the growth of the market.
COVID-19 is a respiratory disease and it primarily affects lungs, therefore, increasing demand for respiratory devices including pulse oximeters. These are major intervention for patients with severe Covid-19 infection, and the healthcare providers need to ensure the availability of pulse oximeters and other medical oxygen systems. In COVID patients, the oxygen levels drop significantly and can even drop to 40% as compared to Normal oxygen levels that is above 95%. The oximeter has become crucial in the management and monitoring of COVID-19 patients. The market for these devices is growing due to their ability in early detection and remote monitoring of patients.
Get more information on this report :
Market Overview and Dynamics
The US pulse oximeters market is projected to reach US$ 1,106.78 million by 2027 from US$ 541.01 million in 2019. The market is anticipated to grow with a CAGR of 9.2% from 2020 to 2027. Factors driving the market growth are increasing prevalence of respiratory diseases and growing preference for remote patient monitoring. However, inaccuracies in pulse oximeter readings due to several factors, such as changes in the arterial pulse, body movements, color interferences, and venous pulsations are likely to have a negative impact on the market growth.
Key Market Segments
Based on type, the handheld pulse oximeters segment accounted for a larger share of the US pulse oximeters market in 2019. In terms of end user, the hospitals segment held a larger share of the pulse oximeters market in the US.
Major Sources
A few major primary and secondary sources referred to while preparing the US pulse oximeters market report are World Health Organization, and Centre for Disease Prevention and Control.
Reasons to buy the report
- To understand the US pulse oximeters market landscape and identify market segments that are most likely to guarantee a strong return
- To stay ahead in comprehending the ever-changing competitive landscape of the US pulse oximeters market
- To efficiently plan M&A and partnership deals in the US pulse oximeters market by identifying market segments with the most promising probable sales
- To help take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments in the US pulse oximeters market
- To obtain market revenue forecast from 2020 to 2027 in various segments of the US pulse oximeters
US PULSE OXIMETERS MARKET SEGMENTATION
By Type
- Fingertip Pulse Oximeters
- Handheld Pulse Oximeters
- Wrist-worn Pulse Oximeters
- Pediatric Pulse Oximeters
By End User
- Hospitals
- Clinics
- Others
Company Profiles
- Nonin
- Koninklijke Philips N.V.
- VYAIRE MEDICAL, INC
- Smiths Medical
- Hill Rom Holding Inc.
- Edwards Lifesciences Corporation
- Medtronic
- Masimo
- Beurer GmbH
- Maxtec
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Pulse Oximeters Market – By Type
1.3.2 Pulse Oximeters Market – By End User
1.3.3 US Pulse Oximeters Market
2. Pulse Oximeters Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Pulse Oximeters Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 US – PEST Analysis
4.3 Expert Opinion
5. US Pulse Oximeters Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Prevalence of Respiratory Diseases
5.1.2 Growing Preference for Remote Patient Monitoring
5.2 Market Restraints
5.2.1 Inaccuracies in Pulse Oximeter Readings due to Several Factors
5.3 Market Opportunities
5.3.1 Strategic Developments by Manufacturers
5.4 Future Trends
5.4.1 Technological Advancements in Pulse Oximetry
5.5 Impact Analysis
6. Pulse Oximeters Market – US Analysis
6.1 US Pulse Oximeters Market Revenue Forecast And Analysis
6.2 Market Positioning of Key Players
7. Pulse Oximeters Market– By Type
7.1 Overview
7.2 Pulse Oximeters Market Revenue Share, by Type (2019 and 2027)
7.2.1 US: Pulse Oximeters Market, by Type, 2018–2027 (USD Million)
7.3 Fingertip Pulse Oximeters
7.3.1 Overview
7.3.2 Fingertip Pulse Oximeters: Pulse Oximeters Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Handheld Pulse Oximeters
7.4.1 Overview
7.4.2 Handheld Pulse Oximeters: Pulse Oximeters Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Wrist-worn Pulse Oximeters
7.5.1 Overview
7.5.2 Wrist-worn Pulse Oximeters: Pulse Oximeters Market – Revenue and Forecast to 2027 (US$ Million)
7.6 Pediatric Pulse Oximeters
7.6.1 Overview
7.6.2 Pediatric Pulse Oximeters: Pulse Oximeters Market – Revenue and Forecast to 2027 (US$ Million)
8. Pulse Oximeters Market Analysis, by End User
8.1 Overview
8.2 Pulse Oximeters Market Revenue Share, by End User (2019 and 2027)
8.2.1 US: Pulse Oximeters Market, by End User, 2018–2027 (USD Million)
8.3 Hospitals
8.3.1 Overview
8.3.2 Hospitals: Pulse Oximeters Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Clinics
8.4.1 Overview
8.4.2 Clinics: Pulse Oximeters Market– Revenue and Forecast to 2027 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Pulse Oximeters Market – Revenue and Forecast to 2027 (US$ Million)
9. Impact of COVID-19 Pandemic on US Pulse Oximeters Market
9.1 US: Impact Assessment of COVID-19 Pandemic
10. Pulse Oximeters Market – Industry Landscape
10.1 Overview
10.2 Growth Strategies Done by the Companies in the Market, (%)
10.3 Organic Developments
10.3.1 Overview
10.4 Inorganic Developments
10.4.1 Overview
11. Company Profiles
11.1 Nonin
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.2 Koninklijke Philips N.V.
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 VYAIRE MEDICAL, INC.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Smiths Medical
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 Hill Rom Holding Inc.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Edwards Lifesciences Corporation
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Products and Services
11.6.4 Financial Overview
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Medtronic
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Products and Services
11.7.4 Financial Overview
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Masimo
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Products and Services
11.8.4 Financial Overview
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 Beurer GmbH
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Products and Services
11.9.4 Financial Overview
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Maxtec
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Products and Services
11.10.4 Financial Overview
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 Glossary of Terms
LIST OF TABLES
Table 1. US Pulse Oximeters Market, by Type – Revenue and Forecast to 2027 (USD Million)
Table 2. US Pulse Oximeters Market, by End User– Revenue and Forecast to 2027 (USD Million)
Table 3. Organic Developments Done By Companies
Table 4. Inorganic Developments Done By Companies
Table 5. Glossary of Terms, Pulse Oximeters Market
LIST OF FIGURES
Figure 1. Pulse Oximeters Market Segmentation
Figure 2. Pulse Oximeters Market – By Geography
Figure 3. US Pulse Oximeters Market Overview
Figure 4. Fingertip Pulse Oximeters Segment Held Largest Share of Pulse Oximeters Market
Figure 5. US Pulse Oximeters Market, Industry Landscape
Figure 6. US PEST Analysis
Figure 7. Pulse Oximeters Market Impact Analysis of Driver and Restraints
Figure 8. US Pulse Oximeters Market – Revenue Forecast And Analysis – 2019- 2027
Figure 9. Market Positioning of Key Players
Figure 10. Pulse Oximeters Market Revenue Share, by Type (2019 and 2027)
Figure 11. Fingertip Pulse Oximeters: Pulse Oximeters Market – Revenue and Forecast to 2027 (US$ Million)
Figure 12. Handheld Pulse Oximeters: Pulse Oximeters Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. Wrist-worn Pulse Oximeters: Pulse Oximeters Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. Pediatric Pulse Oximeters: Pulse Oximeters Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. Pulse Oximeters Market Revenue Share, by End User (2019 and 2027)
Figure 16. Hospitals: Pulse Oximeters Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Clinics: Pulse Oximeters Market– Revenue and Forecast to 2027 (US$ Million)
Figure 18. Others: Pulse Oximeters Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Impact of COVID-19 Pandemic on Pulse Oximeters Market in the US
Figure 20. Growth Strategies Done by the Companies in the Market, (%)
The List of Companies - US Pulse Oximeters Market
- Nonin
- Koninklijke Philips N.V.
- VYAIRE MEDICAL, INC
- Smiths Medical
- Hill Rom Holding Inc.
- Edwards Lifesciences Corporation
- Medtronic
- Masimo
- Beurer GmbH
- Maxtec
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the US pulse oximeters market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global US pulse oximeters market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.