Scope of the Study
Pulse oximetry is a test to measure the oxygen content (oxygen saturation) of the blood. It's a simple, painless measure of how well oxygen is being sent to parts of your body furthest from your heart, such as your heart, arms, and legs. A pulse oximeter is a small, lightweight device used to monitor the amount of oxygen in the body. This non-invasive tool attaches painlessly to your fingertip and sends two wavelengths of light through your finger to measure your pulse rate and the oxygen levels in your system. Once the oximeter finishes its assessment, the screen will show the percentage of oxygen in your blood that is coming from your heart - as well as your current pulse rate. The finger pulse oximeter has expanded the availability of pulse oximetry to include monitoring of patients at home. People with heart or breathing problems can rely on personal finger pulse oximeters to help manage these conditions under medical guidance.
The market study is being classified by Type (Stand-alone Devices and Multi-parameter Units), by Application (Hospitals, Clinics and Others) and major geographies with country level break-up.
GE Healthcare (United States), Philips (Netherlands), Smiths Medical Inc. (United States), Nonin Medical (United States), Covidien (Ireland), Masimo (United States), Delta Electronics (Taiwan), Acare Technology (Taiwan), Konica Minolta (Japan), Spencer (India), Contec (Japan), Yuwell (China), ChoiceMMed (China) and Heal Force (China) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Guangdong Biolight (China), Edan Instruments Inc. (China) and Mindray (China).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that Asian Players will contribute to the maximum growth of Global Fingertip Pulse Oximetry market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Fingertip Pulse Oximetry market by Type, Application and Region.
On the basis of geography, the market of Fingertip Pulse Oximetry has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rise in the Incidence of Chronic Diseases and Surge in Geriatric Population
- The Rising Efficient Diagnosis of Critical Health Conditions
- Increasing Ability to Track the Health Status of Patients in Home Settings
- Increased the Adoption of Pulse Oximeters for Monitoring a Wide Variety of Chronic Illness
- High Demand for Proactive Monitoring
- Increase in Healthcare Expenditure in the Emerging Economies
- Lack of Awareness in Developing Regions
Market Leaders and their expansionary development strategies
In August 2018, Philips had acquired Xhale Assurance Inc. It was very critical because with the acquisition as Philips had its hands on the next-generation sensors that were being developed by the Xhale Assurance. It is also very important to note here that the pulse oximeters that were developed could also be used during the time when the perfusion pressure is low, something that the traditional variant lacks in. Thus, with the acquisition that took place Philips got at a much better place in the market which is both in terms of market standing, as well as product diversification.
Key Target AudienceManufacturers of Fingertip Pulse Oximetry, Distributors and Suppliers if Fingertip Pulse Oximetry, Potential Investors, Market Research Firms, End-users and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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