The Pulse Oximeters market worldwide is projected to grow by US$886 Million, driven by a compounded growth of 6%.
Handheld, one of the segments analyzed and sized in this study, displays the potential to grow at over 6.3%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$1.2 Billion by the year 2025, Handheld will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 5.1% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$31.4 Million to the region's size and clout in the next 5 to 6 years. Over US$26.8 Million worth of projected demand in the region will come from Rest of Europe markets.
In Japan, Handheld will reach a market size of US$56.4 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 9% over the next couple of years and add approximately US$241.7 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East.
All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Key Topics Covered
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Impact of COVID-19 and a Looming Global Recession
Pulse Oximetry Market Treads at a Steady Rate
Recent Market Activity
Current and Future Analysis
Rising Disease Incidence in Developing Countries Offers Growth Opportunities
Sensors Gain Significance in Oximetry Business
Disposable Sensors Preferred the Most
Opportunities for Pulse Oximetry Monitoring in Alternate Care Market
Rising Incidence of Diseases Puts Pulse Oximeters Market in Overdrive
Rising Healthcare Expenditure Induce Momentum in the Market
Ballooning Global Population Offers Significant Growth Opportunities
Rising Healthcare Needs Drives Demand for Pulse Oximeters
Drawbacks in Pulse Oximetry Call for Further Advances in Technology