DUBLIN--(BUSINESS WIRE)--Feb 5, 2020--

From a value of $2,101.0 million in 2018, the pulse and regional oximeters market is expected to progress to $3,365.0 million in 2024, at an 8.2% CAGR during the forecast period (2019-2024).

Owing to the rising requirement for pulse oximeters, coupled with the increasing diagnoses of chronic diseases, they are expected to experience the higher CAGR, of 8.6%, during the forecast period, based on product type.

A major trend in the pulse and regional oximeters market presently is the acquisition of market players by larger ones, including Koninklijke Philips N.V. and Edwards Lifesciences Corporation. For instance, Edwards Lifesciences Corporation paid around $100 million for acquiring CAS Medical Systems Inc. (CASMED), in April 2019. The aim behind this acquisition was to integrate HemoSphere, a platform developed by Edward Lifesciences to monitor patients' hemodynamic stability, with ForeSight, a technology patented by CASMED to keep track of patients' cerebral oxygenation level in a non-invasive way.

Oxygen saturation being one of the primary health parameters, oximeters are widely used in healthcare settings, to monitor patients for evaluative, diagnostic, and therapeutic purposes. Some issues which require the use of such devices for patient status tracking are multisystem trauma, cardiac arrest, sickle cell crisis, and apneic condition. Apart form the use of such devices for these conditions, the increasing cases of chronic diseases would also drive the pulse and regional oximeters market during the forecast period.

Adult patients held the dominating share in the market, on the basis of patient type. This is attributed to the increasing geriatric population, which is more susceptible to chronic disorders, thereby requiring such equipment on a regular basis. Further, the connected category would observe the higher CAGR in the pulse and regional oximeters market during the forecast period, on the basis of connectivity. The rising number of people becoming aware of devices connected via Bluetooth would aid in the progress of this category.

Key Topics Covered:

Chapter 1. Research Background

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.3.1 Market Segmentation by Product Type

1.3.2 Market Segmentation by Sensor Type

1.3.3 Market Segmentation by Patient Type

1.3.4 Market Segmentation by End User

1.3.5 Market Segmentation by Connectivity

1.3.6 Market Segmentation by Region

1.3.7 Analysis Period

1.3.8 Market Data Reporting Unit

1.4 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.2.1 Breakdown of Primary Research Respondents By region By industry participant By company type

2.3 Market Size Estimation

2.4 Data Triangulation

2.5 Assumptions for the Study

Chapter 3. Executive Summary

3.1 Voice of KOLs

Chapter 4. Introduction

4.1 Definition of Market Segments

4.2 Market Dynamics

4.2.1 Trends

4.2.2 Drivers

4.2.3 Restraints

4.2.4 Opportunities

4.3 Porter's Five Forces Analysis

4.4 Regulatory Scenario for Pulse and Regional Oximeters

4.5 List of Distributors

4.6 List of End Users

Chapter 5. Global Market Size and Forecast

5.1 By Product Type

5.2 By Sensor Type

5.3 By Patient Type

5.4 By End User

5.5 By Connectivity

5.6 By Region

Chapter 6. North America Market Size and Forecast

6.1 By Product Type

6.1.1 Pulse Oximeter Market, by Type

6.2 By Sensor Type

6.3 By Patient Type

6.4 By End User

6.5 By Connectivity

6.6 By Country

Chapter 7. Europe Market Size and Forecast

Chapter 8. APAC Market Size and Forecast

Chapter 9. LATAM Market Size and Forecast

Chapter 10. MEA Market Size and Forecast

Chapter 11. Competitive Landscape

11.1 Competitive Analysis of the Key Players

11.2 List of Other Players

11.3 Global Strategic Developments of Key Players

Chapter 12. Company Profiles

12.1 General Electric Company

12.2 Koninklijke Philips N.V.

12.3 Masimo Corporation

12.4 Nonin Medical Inc.

12.5 Smiths Medical

12.6 Spacelabs Healthcare Inc.

12.7 Nihon Kohden Corporation

12.8 Halma Plc

12.9 Contec Medical Systems Co. Ltd.

12.10 Medtronic plc

12.11 Opto Circuits India Ltd.

12.12 Edwards Lifesciences Corporation

12.13 Drgerwerk AG & Co. KGaA

For more information about this report visit https://www.researchandmarkets.com/r/kjry8h

Laura Wood, Senior Press Manager

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SOURCE: Research and Markets

Copyright Business Wire 2020.

PUB: 02/05/2020 06:02 AM/DISC: 02/05/2020 06:02 AM

Copyright Business Wire 2020.