Pulse Oximetry Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
20902 | Date :
Jan, 2023 | Pages :
182 | Region : Global |
Publisher : RI
Pulse oximetry is a non-invasive method for monitoring a person's O2 saturation.In its most common (transmissive) application mode, a sensor device is placed on a thin part of the patient's body, usually a fingertip or earlobe, or in the case of an infant, across a foot. The device passes two wavelengths of light through the body part to a photodetector. It measures the changing absorbance at each of the wavelengths, allowing it to determine the absorbances due to the pulsing arterial blood alone, excluding venous blood, skin, bone, muscle, fat, and (in most cases) nail polish.
Reflectance pulse oximetry may be used as an alternative to transmissive pulse oximetery described above. This method does not require a thin section of the person's body and is therefore well suited to more universal application such as the feet, forehead and chest, but it also has some limitations. Vasodilation and pooling of venous blood in the head due to compromised venous return to the heart, as occurs with congenital cyanotic heart disease patients, or in patients in the Trendelenburg position, can cause a combination of arterial and venous pulsations in the forehead region and lead to spurious SpO2 (Saturation of peripheral oxygen) results.
Currently, Pulse Oximetry industry is experiencing a complicated environment. As Chinese overall economic upward trend in the past few years, and complicated international economic situation, there will be many uncertainties for Pulse Oximetry industry in the next few years. Attracted by the promising market, more and more companies have entered into Pulse Oximetry industry. The market competition is intensifying at this moment.
Pulse Oximetry demand has a promising space. Leading companies, such as Contec, Yuwell, GE Healthcare and ChoiceMMed, have gained reputation from customers and accounted for a certain market share. It is necessary for manufacturers to improve their Pulse Oximetry capacity and quality synchronously. Therefore, the obstacles will be very high for large number of middle and small scale manufacturers, as well as most new suppliers.
The Global Pulse Oximetry Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
As the report focuses on global Pulse Oximetry Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
GE Healthcare
Philips
Smiths Medical
Nonin Medical
Covidien
Masimo
Delta Electronics
Acare Technology
Konica Minolta
Spencer
Solaris
Contec
Yuwell
ChoiceMMed
Heal Force
Biolight
Edan
Mindray
Jiangsu Avic
Creative Medical
Uray Medical
Wuhan Strong
Utech
Jerry Medical Instrument
General Meditech
Medzone
In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Fingertip Pulse Oximetry
Handheld Pulse Oximetry
Wrist-Worn Pulse Oximetry In Market segmentation by applications :
Hospital
Ambulatory Surgical Center
Home Care
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Pulse Oximetry Market for the forecast period 2023 - 2030?
• What are the driving forces in the Pulse Oximetry Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Pulse Oximetry industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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