Pulse Oximeters Market to Expand at 6.7% and to Reach US$ 2,657.6 Million by 2025; SMEs may Benefit from Increasing Device Approvals, says Fortune Business Insights

Key Prominent Players Covered in the Pulse Oximeters Market Research Report Are GENERAL ELECTRIC COMPANY, Koninklijke Philips N.V, Masimo, Messe Düsseldorf GmbH, VYAIRE, Opto Circuits (India) Limited, Medtronic, Omron Healthcare, Inc., Nonin, B Smiths Group plc. and other key market players.


Pune, India, Nov. 25, 2020 (GLOBE NEWSWIRE) -- The global pulse oximeters market is likely to grow in the coming years due to increasing usage clearances from the Food and Drug Administration (FDA). The market is likely to reach US$ 2,657.6 Mn by the end of 2025. Fortune Business Insights states that the market was valued at US$ 1,587.3 Mn in 2017 and will exhibit a CAGR of 6.7% in the forecast period. North America generated revenue of US$ 604.5 Mn in 2017 and is expected to dominate the market throughout the forecast period. Higher adoption of pulse oximeters and higher awareness amongst patients and caretakers are responsible for the higher share of North America in the global pulse oximeters market.

Key Industry Developments:

  • In April 2019, the sleep and respiratory division of Koninklijke Philips N.V., Philips Respironics, transferred sales of Pulse Oximeter to Nonin. The strategic move was taken by Koninklijke Philips N.V to streamline the sales process.
  • In May 2017, Oxitone Medical Ltd. got FDA approval for its newly developed device, wearable pulse Oximeter, Oxitone 1000.
  • In May 2017, one of the leading players in pulse oximeters market, Masimo, launched Red G-Plus oximeter in the global market. The development of newly introduced was funded by Bill & Melinda Gates Foundation.


Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/pulse-oximeters-market-100528


Masimo’s Approval for Radius PPG to Trigger Growth

In 2019, Masimo received clearance for its latest pulse oximeter. The ‘Radius PPG’ was approved by the FDA after establishing efficient results through clinical trials. The Radius PPG represents a significant breakthrough in the healthcare industry, particularly for the diagnosis and study of oxygen levels in the blood.

The wireless ability allows users to move freely even when they are being examined with the device. Masimo’s wireless oximeter has gained huge popularity owing to its wireless functions and it is likely that the global pulse oximeters market will benefit from the subsequently rising demand for the Radius PPG.

Radius’ ability to display blood oxygen values on external third party display devices, in addition to Masimo’s inbred host display devices are likely to boost the growth of the global market.


Click here to get the short-term and long-term impact of COVID-19 on this market.

Please visit: https://www.fortunebusinessinsights.com/industry-reports/pulse-oximeters-market-100528


iHealth’s Wristworn Pulse Oximeter to Witness Massive Demand

iHealth’s wrist-worn pulse oximeter’s wide end user coverage can be attributed to its clinical efficacy and most importantly, its ease of use. The device is available on e-commerce websites such as Amazon and the ease of availability for iHealth’s latest device is a leading factor that has contributed to the growth of the global market.

The device can continuously monitor blood oxygen saturation levels along with the pulse rate, both within a short span of time. The device is integrated with a LED display that shows the oxygen saturation readings. The device operated through the emission of infrared light onto the blood vessels of the fingertip.

The device has won over many users and the increasing demand has led to the distribution on online retail chains as well as offline stores. iHealth’s latest device is likely to boost the global pulse oximeter market in the forthcoming years.


Quick Buy -  Pulse Oximeters Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/100528


Masimo and Mindray Announce Partnership to Extend Sales Outside the US

In May 2019, Masimo and Shenzhen Mindray Biomedical Electronics announced that they have reached an agreement to extend the distribution of Masimo’s devices. Through this agreement, Mindray will offer sales and distribution options in countries other than the United States. The increasing demand for Masimo’s wrist-worn pulse oximeters has triggered this agreement, which in turn is likely to favor growth of the global market in the forthcoming years.


List of the leading Companies in Pulse Oximeters Market:

  • GENERAL ELECTRIC COMPANY
  • Koninklijke Philips N.V
  • Masimo
  • Messe Düsseldorf GmbH
  • VYAIRE
  • Opto Circuits (India) Limited
  • Medtronic
  • Omron Healthcare, Inc.
  • Nonin
  • B Smiths Group plc.


Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/pulse-oximeters-market-100528


Global Pulse Oximeters Market Segmentation:

By Product Type 

•              Fingertip Oximeters

•              Handheld Oximeters

•              Tabletop Oximeters

•              Others

By End User         

•              Hospitals

•              Ambulatory Surgery Centers and Clinics

•              Home Healthcare

•              Others

By Geography      

•              North America (USA and Canada)

•              Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)

•              Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

•              Latin America (Brazil, Mexico, and Rest of Latin America)

•              Middle East & Africa (GCC, South Africa, and Rest of Middle East & Africa)


Get your Customized Research Report: https://www.fortunebusinessinsights.com/enquiry/customization/pulse-oximeters-market-100528


Have a Look at Related Reports:

Dental Implants Market Share and Global Trend By Material(Titanium Implants, Zirconium Implants), By Type(Endosteal Implants, Subperiosteal Implants, Transosteal Implants), By Design(Tapered Implants, Parallel Implants), By End-user(Hospitals, Dental Clinics, Academic & Research Institutes) and Geography Forecast till 2026

Ultrasound Equipment Market Share and Global Trend By Type (Cart-based, Compact / Point-of-Care, Hand-held), By Application(Radiology, Cardiology, Gynecology), By End User(Hospitals, Clinics, Diagnostic Centers) and Geography Forecast till 2026

Diabetes Monitoring Devices Market Share and Global Trend by Product (Blood Glucose Meters, Test Strips, Lancets), Distribution Channel (Institutional Sales, Retail Sales) & Geography Forecast till 2026

Pulse Oximeters Market Share and Global Trend By Product Type(Fingertip Oximeters, Handheld Oximeters, Tabletop Oximeters) By End User (Hospitals, ASC’s and Clinics, Home Healthcare) and Geography Forecast till 2025

Diabetes Drugs Market Share and Global Trend By Drug Class (Insulin, DPP-4 Inhibitors, GLP-1 Receptor Agonists, SGLT2 Inhibitors), Diabetes Type (Type 1, Type 2), Route of Administration (Oral, Subcutaneous, Intravenous), Distribution Channel (Online pharmacies, Hospital Pharmacies, Retail Pharmacies) & Geography Forecast till 2026


About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.


Contact Us:

Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights™
LinkedIn | Twitter | Blogs


Press Release: https://www.fortunebusinessinsights.com/press-release/pulse-oximeters-market-9132