한글목차

산소포화도측정기 세계 시장의 미래는 병원, 재택의료 및 외래 의료 시장에서 기회가 유망합니다. 산소포화도측정기 세계 시장은 2025년부터 2031년까지 6.1%의 CAGR로 2031년까지 약 45억 달러에 달할 것으로 예상됩니다. 이 시장의 주요 촉진요인은 호흡기질환의 이환율 증가, 소아 선천성 심장병(CHD) 사례의 증가, 수술 및 입원의 급격한 증가입니다.

• Lucintel의 예측에 따르면, 기술 카테고리에서 커넥티드 디바이스는 커넥티드 의료기기의 채택 증가, 구급차 설정 및 재택의료에서 지속적인 환자 모니터링에 대한 수요 증가로 인해 가장 높은 성장세를 보일 것으로 예상됩니다.
• 최종 용도별로는 입원 환자 수의 증가로 인해 지속적인 환자 모니터링 시스템을 필요로 하는 병원이 가장 큰 부문이 될 것으로 보입니다.
• 지역별로는 아시아태평양이 호흡기질환의 유병률 증가와 이 지역의 주요 기업의 존재로 인해 예측 기간 동안 가장 높은 성장률을 보일 것으로 예상됩니다.

산소포화도측정기 시장의 전략적 성장 기회

산소포화도측정기 시장에는 특히 일반 인구의 건강 모니터링에 대한 수요가 증가함에 따라 수많은 경쟁 기회가 존재합니다. 새로운 기술과 산소포화도측정기의 응용 분야가 확대되면서 새로운 성장의 길이 열리고 있습니다. 이러한 기회는 스마트폰과의 통합, 특정 시장 부문을 겨냥한 기기 개발 등 산소포화도측정기 산업의 수직적 변화를 가져오고 있습니다. 다음 단락에서는 시장의 다양한 응용 분야에서 5가지 성장 기회를 소개하고 그 잠재적 성과를 분석합니다.

• 웨어러블 기기와의 통합 : 미래의 기회 중 하나는 산소포화도측정기와 웨어러블 기기의 통합 개발입니다. 스마트워치나 피트니스 트래커와 같은 웨어러블 기기로의 전환은 산소포화도측정기의 임상적 목적, 특히 지속적 산소 농도 모니터링에 새로운 용도를 가져와 시장 성장에 큰 기여를 할 것으로 보입니다. 소비자들은 신체 매개변수에 대한 정보를 즉각적으로 제공하는 건강 모니터링 기기에 대한 관심이 높아지고 있습니다. 웨어러블에 산소포화도측정기 기능을 탑재함으로써 사용자의 편의성을 향상시키고, 기존 의료 환경을 넘어 시장 성장을 촉진할 수 있습니다. 이러한 통합은 기술을 통한 개인 건강 관리를 위한 중요한 단계이며, 사업 성장을 촉진할 가능성이 높습니다.
• 원격의료의 확대 : 원격의료의 부상으로 산소포화도측정기의 시장 기회는 큽니다. 더 많은 의료 서비스가 온라인으로 제공됨에 따라 원격 모니터링 솔루션의 중요성이 커지고 있습니다. 가상 진료 중에 실시간으로 환자 데이터를 의사에게 전송할 수 있는 산소포화도 측정기는 원격의료 플랫폼의 필수적인 구성요소가 되고 있습니다. 이 기능은 만성질환이나 호흡기질환을 앓고 있는 환자 관리에 특히 유용하며, 장소 기반 의료에 국한되지 않는 치료 옵션을 가능하게 합니다. 이러한 예측은 원격의료가 계속 확대될 것임을 시사하며, 원격 환자 모니터링을 용이하게 하는 산소포화도측정기의 필요성을 창출하고 있습니다.
• 소아 산소포화도측정기 : 소아 전용 산소포화도측정기의 연구와 생산은 큰 시장 기회를 가져옵니다. 영유아의 손가락과 피부가 작아 표준 포화도 측정기로는 측정할 수 없기 때문에 특수한 장비가 필요합니다. 소아 의료에 대한 관심이 높아지고 소아 호흡기질환의 발생률이 증가함에 따라 더 우수하고 효율적인 소아 맥박 산소 농도계에 대한 수요가 증가하고 있습니다. 이러한 수요에 대응할 수 있는 기업은 특히 병원과 신생아 중환자실(NICU)을 중심으로 고객 기반에서 점유율을 확대할 수 있을 것으로 보입니다.
• 재택의료 시장 확대 : 산소포화도측정기 제조업체의 또 다른 기회는 재택의료 시장 확대에 있습니다. 환자들이 집에서 치료를 받는 것을 선호하는 경향이 증가함에 따라 소형의 휴대용 맥박 산소 농도계 기기에 대한 수요가 증가하고 있습니다. 이러한 기기는 환자가 정기적으로 산소 농도를 모니터링하여 만성폐쇄성폐질환(COPD) 및 수면무호흡증과 같은 질환을 관리하는 데 도움이 됩니다. 특히 잦은 병원 방문을 피하고 싶어하는 고령층이 의료기관을 방문하지 않고도 건강 상태를 쉽게 모니터링할 수 있어 이러한 산소포화도측정기에 대한 수요가 증가하고 있습니다.

산소포화도측정기 시장은 향후에도 일반적인 용도가 계속 확대될 것으로 예상됩니다. 이러한 성장은 웨어러블 기기와의 시스템 통합, 원격의료의 확대, 소아 대상 기기 개발, 재택의료 시장의 성장, 호흡 요법에 사용되는 기기와의 연결 등의 요인에 의해 활발하게 추진되고 있습니다. 이러한 성장은 보다 개인화되고, 보다 편리하고, 보다 데이터화된 의료 제공에 대한 일반적인 추세를 반영하고 있습니다.

산소포화도측정기 시장 촉진요인 및 과제

산소포화도측정기 시장은 성장과 개척에 영향을 미치는 몇 가지 주요 촉진요인 및 과제에 직면해 있습니다. 시장 수요를 촉진하는 요인으로는 기술 발전, 호흡기질환의 증가, 원격의료의 성장, 건강 모니터링에 대한 관심 증가 등을 들 수 있습니다. 반면, 도전과제로는 기기의 정확성, 규제 문제, 가격 경쟁 등을 꼽을 수 있습니다.

산소포화도측정기 시장을 이끄는 요인은 다음과 같습니다:

• 기술의 발전 : 기술의 발전 : 센서 기술, 소형화, 무선 통신 기능의 개선은 산소포화도측정기의 성능과 정확도에 큰 영향을 미치고 있습니다. 현재 장치는 실시간으로 데이터를 전송하고 모바일 애플리케이션을 사용하여 편리한 사용자 상호 작용을 제공 할 수 있습니다. 이러한 제품 혁신은 산소포화도측정기가 더 많은 사람들에게 더 매력적이고 사용하기 쉬워지고 궁극적으로 홈케어 및 전문가 용으로 시장을 확장하여 수요에 대응하고 있습니다. 소비자들이 점점 더 정교하고 신뢰할 수 있는 의료용 건강 모니터링 기기에 대한 수요가 증가함에 따라 지속적인 기술 발전은 시장의 범위를 더욱 확대할 것으로 보입니다.
• 호흡기질환의 증가 : 만성폐쇄성폐질환(COPD), 천식, COVID-19를 포함한 만성 호흡기질환의 유병률 증가로 인해 산소포화도측정기에 대한 수요가 증가하고 있습니다. 이러한 장치는 호흡기질환을 앓고 있는 환자들에게 필수적이며, 효과적인 관리를 위해 산소 수준을 평가할 수 있게 해줍니다. 노인 인구의 증가와 호흡기질환 환자 수의 증가로 인해 산소포화도측정기의 성장 추세가 예상되며, 임상 및 재택 치료 환경에서 이러한 기기의 필요성이 강조되고 있습니다.
• 원격의료 이용 증가 : 원격의료 산업의 성장은 원격 환자 치료가 의료 시스템의 필수적인 부분으로 자리 잡으면서 맥박 산소 농도계의 새로운 시장 부문을 제시합니다. 화상 회의를 통해 의료진과 실시간으로 소통할 때 사용자가 획득한 산소포화도 데이터를 무선으로 전송할 수 있는 맥박 산소포화도 측정기에 대한 수요가 증가하고 있습니다. 이 기능은 만성질환이나 상시 모니터링이 필요한 호흡기질환 환자를 관리하는 데 매우 중요합니다. 원격의료 서비스를 통해 환자를 관리하기 위한 산소포화도측정기에 대한 수요, 특히 연결 옵션을 갖춘 산소 농도계에 대한 수요가 증가할 것으로 예상됩니다.

산소포화도측정기 시장의 과제는 다음과 같습니다:

• 기기의 정확성과 신뢰성 : 기기의 정확성과 신뢰성은 산소포화도측정기 시장의 성장에 큰 도전 과제입니다. 특히 혈액 관류가 낮거나 색소 침착이 심한 환자에서 측정값의 편차가 발생하여 일부 산소포화도측정기의 신뢰성에 의문을 제기하는 경우가 있습니다. 이러한 정확도 문제를 해결하는 것은 소비자의 기기 신뢰도를 유지하고 임상 및 가정 환경에서 효과적으로 사용할 수 있도록 하는 데 필수적입니다. 제조업체들은 기기의 정확도를 높이기 위해 기술 및 교정 방법의 발전에 점점 더 많은 노력을 기울이고 있습니다.
• 규제 장애물 : 산소포화도측정기 제조업체가 규제 문제를 극복하는 것은 쉽지 않습니다. 관련 규제의 복잡성과 특허 출원에 대한 요구는 시장에 새로 진입하는 기기에 병목현상이 될 수 있습니다. 또한, 제조업체는 전 세계 시장에서 각기 다른 기준을 충족시키기 위해 많은 비용을 지불해야 합니다. 이러한 도전 과제는 제조업체가 규제 프로세스에 효과적으로 참여하고 승인 일정을 앞당길 수 있는 변화에 적응해야 할 필요성을 강조합니다.
• 가격 압력 : 가격 경쟁은 산소포화도측정기 시장의 큰 장벽이며, 특히 수요가 증가하고 경쟁자가 증가함에 따라 더욱 두드러집니다. 최종 소비자와 의료 시설 모두 비용 효율적인 솔루션을 원하기 때문에 제조업체의 수익률에 영향을 미칠 수 있습니다. 합리적인 가격의 장비에 대한 요구와 기술 및 규제 준수에 필요한 투자 사이의 균형을 맞추는 것은 어려운 일입니다. 제조업체는 시장 경쟁력을 유지하기 위해 제품의 품질을 유지하면서 운영 비용을 절감할 수 있는 방법을 찾아야 합니다.

산소포화도측정기 시장은 성장 궤도를 형성하는 힘과 과제가 특징입니다. 주요 촉진요인으로는 기술 발전, 호흡기질환 유병률 증가, 원격의료 서비스 증가, 건강 인식 증가 등이 있습니다. 향후 성장을 위해서는 기기 성능, 규제, 가격 관련 문제를 해결하는 것이 필수적입니다. 산소포화도측정기 시장에서 기회를 잡으려는 사용자들은 이러한 요인을 이해하고 이를 극복하는 것이 매우 중요합니다. 시장은 제품 범위, 규제 문제, 비용 관리 전략의 진전에 초점을 맞추면서 발전하고 강화될 것으로 예상됩니다.

목차

제1장 주요 요약

제2장 세계의 산소포화도측정기 시장 : 시장 역학

• 소개, 배경, 분류
• 공급망
• 업계 성장 촉진요인과 과제

제3장 시장 동향과 예측 분석(2019-2031년)

• 거시경제 동향(2019-2024년)과 예측(2025-2031년)
• 세계의 산소포화도측정기 시장 동향(2019-2024년)과 예측(2025-2031년)
• 세계의 산소포화도측정기 시장 : 기술별
  • 기존 디바이스
  • 접속형 디바이스
• 세계의 산소포화도측정기 시장 : 종류별
  • 휴대용 산소포화도측정기
  • 베드사이드/탁상형 산소포화도측정기
• 세계의 산소포화도측정기 시장 : 최종 용도별
  • 병원
  • 재택의료
  • 외래 진료

제4장 지역별 시장 동향과 예측 분석(2019-2031년)

• 세계의 산소포화도측정기 시장 : 지역별
• 북미의 산소포화도측정기 시장
• 유럽의 산소포화도측정기 시장
• 아시아태평양의 산소포화도측정기 시장
• 기타 지역의 산소포화도측정기 시장

제5장 경쟁 분석

• 제품 포트폴리오 분석
• 운영 통합
• Porter's Five Forces 분석

제6장 성장 기회와 전략 분석

• 성장 기회 분석
  • 세계의 산소포화도측정기 시장 성장 기회 : 기술별
  • 세계의 산소포화도측정기 시장 성장 기회 : 종류별
  • 세계의 산소포화도측정기 시장 성장 기회 : 최종 용도별
  • 세계의 산소포화도측정기 시장 성장 기회 : 지역별
• 세계의 산소포화도측정기 시장 최신 동향
• 전략적 분석
  • 신제품 개발
  • 세계의 산소포화도측정기 시장 생산능력 확대
  • 세계의 산소포화도측정기 시장 기업 인수합병(M&A), 합작투자
  • 인증과 라이선싱

제7장 주요 기업 개요

• Medtronic
• Masimo
• Koninklijke Philips N.V.
• General Electric
• Nonin
• Nihon Kohden Corporation
• ICU Medical
• OSI Systems
• CONTEC Medical Systems
• Dragerwerk

영문목차

The future of the global pulse oximeter market looks promising with opportunities in the hospital, home care, and ambulatory care markets. The global pulse oximeter market is expected to reach an estimated $4.5 billion by 2031 with a CAGR of 6.1% from 2025 to 2031. The major drivers for this market are the increasing incidence of respiratory diseases, growing cases of congenital heart disease (CHD) in children, and the surging number of surgical procedures and hospitalizations.

• Lucintel forecasts that, within the technology category, connected devices are expected to witness the highest growth due to the growing adoption of connected medical devices and rising demand for continuous patient monitoring in ambulance settings and home care.
• Within the end use industry category, hospitals will remain the largest segment due to the growing number of hospitalizations, which needs continuous patient monitoring systems.
• In terms of regions, APAC is expected to witness the highest growth over the forecast period due to the increasing prevalence of respiratory diseases and the presence of major players in this region.

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Emerging Trends in the Pulse Oximeter Market

These days, the global pulse oximeter market is expanding at an unprecedented rate, triggered by the increasing health consciousness among people, especially due to the effects of the pandemic. There is a technologically inclined development in the market toward newer and better devices that can be used effectively as part of healthcare management systems.

• Configuring with Wearable Technology: One of the most prominent trends in the market is the combination of pulse oximeters and wearable technology. This offers the possibility of tracking whether the user is within his or her normal oxygen saturation range and monitoring a plethora of other vitals throughout the day. Many pulse oximeter-embedded devices, such as fitness bands and smart wristwatches, have entered the market, enabling people to monitor their health and share information with doctors easily. This revolution has greatly helped consumers who want to stay fit and those who wish to take control of their health, stimulating the market for wearable fitness technology.
• Enhancements in Sensor Technology: There have been significant enhancements in the reliability and accuracy of pulse oximeters due to advancements in sensor technology. Modern devices are more effective as they are designed with sensors capable of taking readings even in poor conditions, such as low blood perfusion or darker skin tones. These improvements are crucial for ensuring that pulse oximeters provide accurate readings across all demographics, making them more efficient for diagnosis in both healthcare facilities and home care.
• Rising Utilization in Home Healthcare: The growing tendency of people seeking home healthcare services has increased the consumption of pulse oximeters by end users. More individuals are staying home to monitor their health, leading to an increased demand for simple, portable, and affordable pulse oximeters. This trend surged during COVID-19, emphasizing the need for respiratory health monitoring. Therefore, manufacturers are focusing more on usability and precision in the home healthcare device market.
• Integration with Telemedicine Platforms: The trend of combining pulse oximeters with telemedicine platforms is gaining traction. With the advent of telemedicine, pulse oximeters are used to send real-time health information, assisting patients during video consultations. Integration of these sensors enables improved remote monitoring, especially for patients suffering from chronic lung diseases. Advancements facilitating off-site supervision of oxygen concentration in patients and relaying this information to therapists are enhancing the quality of healthcare through telemedicine.

The conclusions derived from this study indicate that, like other markets, the pulse oximeter market is expanding vigorously with new trends that improve the features, reach, and inclusion of devices in routine health checkups. The growing prevalence of wearable technology and advanced sensor development, coupled with a trend toward home healthcare and telemedicine, will serve as catalysts for growth in the pulse oximeter market. These trends are transforming the industry and creating demand for pulse oximeters in both clinical and consumer health markets.

Recent Developments in the Pulse Oximeter Market

The pulse oximeter market has demonstrated significant progress due to increased population engagement in respiratory health along with technological advancements. It is essential to note that advancements in this domain were accelerated during the COVID-19 pandemic, owing to the growing need for precise and easy-to-use devices. Organizations are working on systems with better accuracy, portability, and broader expansion of devices integrated with mHealth services.

• Integration of New Technologies: The integration of new sensor technologies in pulse oximeters has enhanced oximetry even for low perfusion patients and patients with high skin pigmentation. Micropulse oximeters often fail under such conditions; however, new sensor technologies have been developed to overcome this challenge. By changing light wavelengths and enhancing detection algorithms, the reliability of pulse oximeters has improved for consumers of all races. This development ensures a greater commitment to designing pulse oximeters that deliver reliable and accurate results across various clinical environments, making them more useful for diagnosis.
• Advent of Wearable Technology: Pulse oximeters have become more useful thanks to the possibility of combining them with devices such as smartwatches and intelligent pulse oximeters. These devices enable users to continuously monitor their oxygen levels, along with other vital signs and statistics. This capability allows individuals to record and transmit health information in real time, which is particularly important for those undergoing long-term treatment or seeking to maintain health consciousness. The increasing use of wearables equipped with oxygen sensors is expanding the market for these devices beyond clinical settings.
• Shift Toward Home Use: Due to the COVID-19 situation, many people have shifted toward using pulse oximeters at home, prompting manufacturers to develop easy and convenient home-use models. These devices are designed for simplicity, allowing users to take measurements and obtain accurate results without professional training. The trend of increasing accessibility to pulse oximeters has encouraged ordinary individuals to adopt preventive health measures, resulting in impressive growth in sales of compact, affordable, portable devices. Thus, pulse oximeters are now integral to daily healthcare management.
• Growing Telemedicine Market: The telemedicine market has seen a growing demand for pulse oximeters, enabling mobile patients to send their oxygen saturation levels to health experts during online consultations. Broadband technology facilitates the remote supervision of patients, including those with chronic obstructive pulmonary diseases. Telemedicine has rapidly gained acceptance, especially due to the need for social distancing during the COVID-19 outbreak, creating opportunities for incorporating pulse oximeters into these systems.

The latest trends in the pulse oximeter market have expanded its scope and applications. Enhancements in sensor technology, incorporation with wearables, and the emergence of home-use models have broadened the market for pulse oximeters in clinical and personal health monitoring. The shift toward telemedicine and the focus on pediatric patient populations illustrate the evolving applications of pulse oximeters in practice.

Strategic Growth Opportunities for Pulse Oximeter Market

Numerous competitive opportunities exist in the pulse oximeter market, especially with the rising demand for health monitoring among the general population. New technologies and increased uses of pulse oximeters are opening new avenues for growth. These opportunities have led to vertical changes in the pulse oximeter industry, including integration with smartphones and the creation of devices targeting specific market segments. The following paragraphs present five growth opportunities from various applications in the market and analyze their potential performance.

• Integration with Wearable Devices: Future opportunities include the development of coupled pulse oximeters and wearable device integration. The shift toward wearables, such as smartwatches and fitness trackers, brings additional clinical purposes for pulse oximetry, particularly for continuous oxygen level monitoring, which significantly contributes to market growth. Consumers are increasingly interested in health monitoring devices that provide instant information about body parameters. Including pulse oximeter functions in wearables enhances user convenience and drives market growth beyond traditional healthcare settings. This integration represents a significant step toward managing individual health through technology, likely fueling business growth.
• Expansion in Telemedicine: With the rise of telemedicine, market opportunities for pulse oximeters are substantial. As more healthcare is delivered online, the importance of remote monitoring solutions has increased. Oximeters capable of transmitting real-time patient data to physicians during virtual consultations are becoming integral components of telehealth platforms. This feature is particularly useful for managing chronic diseases and patients with respiratory issues, allowing treatment options to extend beyond location-based healthcare. The forecast suggests that telemedicine will continue to expand, creating a need for pulse oximeters that facilitate remote patient monitoring.
• Pediatric Pulse Oximeters: Research and production of pulse oximeters specifically designed for children present significant market opportunities. Infants and young children require specialized devices as their small fingers and skin do not accommodate standard saturation devices. The increasing focus on pediatric healthcare and the rising incidence of respiratory illnesses among children create a demand for better and more efficient pediatric pulse oximeters. Companies that can meet this demand will capture a growing share of the targeted customer base, particularly in hospitals and neonatal intensive care units (NICUs).
• Home Healthcare Market Expansion: Another opportunity for pulse oximeter manufacturers lies in the expansion of the home healthcare market. An increasing trend of patients preferring to stay at home for therapy is raising the demand for small and portable pulse oximeter devices. These devices enable patients to regularly monitor their oxygen levels, aiding in managing diseases such as Chronic Obstructive Pulmonary Disease (COPD) and sleep apnea. The need for these pulse oximeters is growing as they facilitate health monitoring without requiring travel to medical facilities, especially for elderly patients who wish to avoid frequent hospital visits.

The pulse oximeter market is expected to continue expanding its common applications in the future. This growth is actively driven by factors such as the integration of systems with wearable devices, the expansion of telemedicine, the development of pediatric-targeted devices, the growth of the home healthcare market, and connections with devices used for respiratory therapy. This growth reflects the general trend toward more personalized, convenient, and data-enabled healthcare delivery.

Pulse Oximeter Market Driver and Challenges

The pulse oximeter market faces several key drivers and challenges that influence its growth and development. Factors driving market demand include technological advancements, rising respiratory diseases, the growth of telemedicine, and increasing concerns about health monitoring. Conversely, challenges include device accuracy, regulatory issues, and price competition.

The factors driving the pulse oximeter market include:

• Advancements in Technology: Improvements in sensor technology, miniaturization, and wireless communication capabilities have significantly impacted the performance and precision of pulse oximeters. Nowadays, devices can transmit data in real time, utilize mobile applications, and provide convenient user interaction. These product innovations address the demand as pulse oximeters become more appealing and easier to use for a broader audience, ultimately expanding the market to include home care and professional use. Ongoing technological advancements are likely to further broaden the market's scope as consumers increasingly seek sophisticated and reliable medical health monitoring devices.
• Rising Cases of Respiratory Disorders: The rising prevalence of chronic respiratory disorders, including chronic obstructive pulmonary disease (COPD), asthma, and even COVID-19, has increased the demand for pulse oximeters. These devices are essential for patients with respiratory illnesses, enabling the assessment of oxygen levels for effective management. A trend in pulse oximeter growth is expected due to the increasing elderly population and the growing number of patients with respiratory conditions, highlighting the need for these devices in clinical and home care settings.
• Increased Usage of Telemedicine: The growth of the telemedicine industry presents a new market segment for pulse oximeters, as remote patient care becomes an integral part of the healthcare system. There is a growing demand for pulse oximeters that can wirelessly transmit oxygen saturation data obtained by users during real-time interactions with healthcare providers via video conferencing. This capability is crucial for managing chronic conditions and patients with respiratory illnesses requiring constant monitoring. Demand for pulse oximeters for managing patients using telemedicine services is expected to grow, particularly for oximeters with connectivity options.

Challenges in the pulse oximeter market include:

• Device Accuracy and Reliability: Device accuracy and reliability present significant challenges to the growth of the pulse oximeter market. Variability in readings can occur, particularly in cases of low blood perfusion or in patients with darker pigmentation, raising questions about the reliability of some pulse oximeters. Addressing these accuracy concerns is essential to maintain consumer confidence in the devices, ensuring their effective use in both clinical and home environments. Manufacturers are increasingly focusing on advancing their technologies and calibration methods to enhance device accuracy.
• Regulatory Roadblocks: Navigating regulatory requirements can pose challenges for pulse oximeter manufacturers. The complexity of relevant regulations and the demands for patent application submissions can create bottlenecks for new devices entering the market. Additionally, manufacturers incur costs associated with meeting varying standards in different markets worldwide. This challenge underscores the need for manufacturers to engage effectively with regulatory processes and adapt to changes that can expedite approval timelines.
• Price Pressure: Price competition is a significant barrier in the pulse oximeter market, especially as demand increases and the number of competitors grows. Both end consumers and healthcare facilities are seeking cost-effective solutions, which can affect manufacturers' profit margins. Striking a balance between the need for affordable devices and the investment required in technology and regulatory compliance can be challenging. Manufacturers must explore ways to reduce operational costs while maintaining product quality to remain competitive in the market.

The pulse oximeter market is characterized by forces and challenges that shape its growth trajectory. Key drivers include technological advancements, a rising incidence of respiratory diseases, an increase in telemedicine services, and growing health awareness. Addressing challenges related to device performance, regulation, and pricing will be essential for future growth. Understanding and navigating these factors will be critical for users aiming to capitalize on opportunities in the pulse oximeter market. The market is expected to develop and strengthen, with a focus on advancing product scope, regulatory issues, and cost management strategies.

List of Pulse Oximeter Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies pulse oximeter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pulse oximeter companies profiled in this report include-

• Medtronic
• Masimo
• Koninklijke Philips N.V.
• General Electric
• Nonin
• Nihon Kohden Corporation
• ICU Medical
• OSI Systems
• CONTEC Medical Systems
• Dragerwerk

Pulse Oximeter by Segment

The study includes a forecast for the global pulse oximeter market by technology, type, end use, and region

Pulse Oximeter Market by Technology [Analysis by Value from 2019 to 2031]:

• Conventional Devices
• Connected Devices

Pulse Oximeter Market by Type [Analysis by Value from 2019 to 2031]:

• Portable Pulse Oximeters
• Bedside/ Tabletop Pulse Oximeters

Pulse Oximeter Market by End Use [Analysis by Value from 2019 to 2031]:

• Hospitals
• Home Care
• Ambulatory Care

Pulse Oximeter Market by Region [Analysis by Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Pulse Oximeter Market

The pulse oximeter market has undergone dramatic growth and transformation, particularly due to the outbreak of COVID-19, which heightened the need for these devices. Monitoring patients' oxygen saturation levels has become crucial in managing respiratory diseases, leading to increased utilization of pulse oximeters in medical centers and home care. Technological advancements have also enhanced the portability and ease of use of these devices, improving both accuracy and functionality.

• United States: The United States has seen improvements in pulse oximeter devices driven by high demand for home care monitoring systems, particularly during the COVID-19 pandemic. Consequently, the expanded market includes more precise and compact devices, some of which offer continuous communication via smartphone applications. There is a focus on improving accessibility for various user segments, including children and those with darker skin tones, where conventional pulse oximeters face accuracy challenges. This pursuit of modern technology and inclusivity positions the US market for future growth.
• China: The pulse oximeter market in China has registered strong growth due to the increasing demand for personal health monitoring systems. The domestic production sector is experiencing rapid growth, with many players entering the market to offer affordable, portable pulse oximeters suitable for a wide target audience. Recent developments have focused on integrating pulse oximeters with wearables and smartphone applications, allowing users to track health parameters and share results. Additionally, local manufacturers are exporting devices, further expanding the market.
• Germany: The pulse oximeter market in Germany has seen increased usage, particularly in healthcare facilities. Significant efforts have been made to enhance device performance by introducing new sensor technologies that are more effective for low perfusion patients and other challenging cases. The trend of integrating pulse oximeters with electronic health records (EHR) systems is on the rise, facilitating better access to relevant patient information and improving treatment outcomes. The use of portable and wearable pulse oximeters in home care is also growing within the German market.
• India: India's pulse oximeter market has rapidly expanded due to the COVID-19 outbreak, which underscored the need for affordable health monitoring solutions. There has been heightened demand for inexpensive, handheld devices designed for personal use. Indian companies have increased production volumes while providing better price value. Additionally, efforts are underway to raise public awareness about the importance of monitoring arterial oxygen saturation levels. The Indian market is also exploring advanced telemedicine options, with pulse oximeters being integrated into teleradiology services.
• Japan: The Japanese pulse oximeter market focuses on product value through technological advancements and precision that meet national nursing and medical device standards. Advanced features, including built-in sensors and enhanced connectivity with health management smartphone applications via Bluetooth, have been incorporated into pulse oximeters. There is also a growing demand for designs targeting the elderly population, facilitating ease of use for this demographic. The Japanese market is increasingly looking at using pulse oximeters for preventive health measures in line with efforts to minimize healthcare costs through early detection and intervention.

Features of the Global Pulse Oximeter Market

Market Size Estimates: Pulse oximeter market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: Pulse oximeter market size by technology, type, end use, and region in terms of value ($B).

Regional Analysis: Pulse oximeter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different technologies, types, end uses, and regions for the pulse oximeter market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the pulse oximeter market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the pulse oximeter market by technology (conventional devices and connected devices), type (portable pulse oximeters and bedside/ tabletop pulse oximeters), end use industry (hospitals, home care, and ambulatory care), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global Pulse Oximeter Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

• 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
• 3.2. Global Pulse Oximeter Market Trends (2019-2024) and Forecast (2025-2031)
• 3.3: Global Pulse Oximeter Market by Technology
  • 3.3.1: Conventional Devices
  • 3.3.2: Connected Devices
• 3.4: Global Pulse Oximeter Market by Type
  • 3.4.1: Portable Pulse Oximeters
  • 3.4.2: Bedside/ Tabletop Pulse Oximeters
• 3.5: Global Pulse Oximeter Market by End Use
  • 3.5.1: Hospitals
  • 3.5.2: Home Care
  • 3.5.3: Ambulatory Care

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

• 4.1: Global Pulse Oximeter Market by Region
• 4.2: North American Pulse Oximeter Market
  • 4.2.1: North American Market by Technology: Conventional Devices and Connected Devices
  • 4.2.2: North American Market by End Use: Hospitals, Home Care, and Ambulatory Care
• 4.3: European Pulse Oximeter Market
  • 4.3.1: European Market by Technology: Conventional Devices and Connected Devices
  • 4.3.2: European Market by End Use: Hospitals, Home Care, and Ambulatory Care
• 4.4: APAC Pulse Oximeter Market
  • 4.4.1: APAC Market by Technology: Conventional Devices and Connected Devices
  • 4.4.2: APAC Market by End Use: Hospitals, Home Care, and Ambulatory Care
• 4.5: ROW Pulse Oximeter Market
  • 4.5.1: ROW Market by Technology: Conventional Devices and Connected Devices
  • 4.5.2: ROW Market by End Use: Hospitals, Home Care, and Ambulatory Care

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Pulse Oximeter Market by Technology
  • 6.1.2: Growth Opportunities for the Global Pulse Oximeter Market by Type
  • 6.1.3: Growth Opportunities for the Global Pulse Oximeter Market by End Use
  • 6.1.4: Growth Opportunities for the Global Pulse Oximeter Market by Region
• 6.2: Emerging Trends in the Global Pulse Oximeter Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Pulse Oximeter Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Pulse Oximeter Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: Medtronic
• 7.2: Masimo
• 7.3: Koninklijke Philips N.V.
• 7.4: General Electric
• 7.5: Nonin
• 7.6: Nihon Kohden Corporation
• 7.7: ICU Medical
• 7.8: OSI Systems
• 7.9: CONTEC Medical Systems
• 7.10: Dragerwerk