-- According to the pulse oximetry market report, one of the major drivers for this market is Increasing prevalence of chronic respiratory diseases and rising number of surgeries. Pulse oximetry is used for various indications such as endotracheal intubation, cardiac arrests, procedural sedation, asthma/ COPD, respiratory complaints, acute respiratory distress syndrome (ARDS), sleep disorders/sleep apnea, and shunts in cyanotic heart diseases. The prevalence of chronic respiratory disorders such as COPD, asthma, and OSA is increasing at a significant rate in both developed and developing countries.
The analysts forecast global pulse oximetry market to reach USD 2,194.72 million during the period 2018-2022. Companies are GE Healthcare, Koninklijke Philips, Masimo, Medtronic, Smiths Medical, and Schiller. Pulse oximetry is a noninvasive method for accurately estimating the oxygenation level (oxygen saturation) of the blood. Pulse oximetry tests are performed using pulse oximeters. The device used for the measurement of oxygen level in the blood is known as a pulse oximeter.
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Key players in the global pulse oximetry market: GE Healthcare, Koninklijke Philips, Masimo, Medtronic, Smiths Medical, and Schiller. The latest trend gaining momentum in the market is Initiatives to increase access to pulse oximetry. Many public and private organizations have launched initiatives to improve access to low-cost, accurate pulse oximetry. For instance, the LifeBox Project aims to equip the world's operating theaters with pulse oximeters. For this they have developed a low-cost pulse oximeter ($250) that meets the US FDA accuracy standards, provided along with an adult probe, a pediatric probe, a rechargeable battery, training materials, courier delivery to anywhere in the world, and a 2-year warranty. Kenek pulse oximeters offered by LionsGate.
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Further, the report states that one of the major factors hindering the growth of this market is High cost of respiratory measurement tests and devices. The high cost of respiratory measurement devices is limiting their adoption by the end-users. For instance, a standard commercial bedside/ desktop pulse oximeter costs approximately $1000. The relatively high initial costs of pulse oximetry technology are a major barrier for its adoption in developing countries.
Table of Contents
PART 01: Executive Summary
PART 02: Scope of The Report
PART 03: Research Methodology
PART 04: Market Landscape
Market Ecosystem
Market Characteristics
Market Segmentation Analysis
PART 05: Market Sizing
Market Definition
Market Sizing 2017
Market Size and Forecast 2017-2022
PART 06: Five Forces Analysis
Bargaining Power of Buyers
Bargaining Power of Suppliers
Threat of New Entrants
Threat of Substitutes
Threat of Rivalry
Market Condition
PART 07: Market Segmentation by Product
Overview
Comparison by Product
Bedside/Desktop Pulse Oximeters
Handheld Pulse Oximeters
Fingertip Pulse Oximeters
Wrist-Worn Pulse Oximeters
Market Opportunity by Product
PART 08: Customer Landscape
PART 09: Regional Landscape
Geographical Segmentation
Regional Comparison
Pulse Oximetry Market In Americas
Pulse Oximetry Market In Emea
Pulse Oximetry Market In Apac
Key Leading Countries
Market Opportunity
PART 10: Market Segmentation by End-User
PART 11: Decision Framework
PART 12: Drivers and Challenges
Market Drivers
Market Challenges
PART 13: Market Trends
Initiatives To Increase Access To Pulse Oximetry
Technological Advances
Increasing Online Marketing Strategies
PART 14: Vendor Landscape
Overview
Landscape Disruption
Competitive Scenario
PART 15: Vendor Analysis
Vendors Covered
Vendor Classification
Market Positioning of Vendors
Ge Healthcare
Koninklijke Philips
Masimo
Medtronic
Smiths Medical
Schiller
Other Prominent Vendors
PART 16: Appendix
List of Abbreviations
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