U.S. Ppg Biosensors Market Size & Outlook, 2023-2030
U.S. ppg biosensors market, 2018-2030 (US$M)
Related Markets
U.S. ppg biosensors market highlights
- The U.S. ppg biosensors market generated a revenue of USD 152.1 million in 2023 and is expected to reach USD 340.2 million by 2030.
- The U.S. market is expected to grow at a CAGR of 12.2% from 2024 to 2030.
- In terms of segment, smart watches was the largest revenue generating product in 2023.
- Smart Watches is the most lucrative product segment registering the fastest growth during the forecast period.
Ppg biosensors market data book summary
| Market revenue in 2023 | USD 152.1 million |
| Market revenue in 2030 | USD 340.2 million |
| Growth rate | 12.2% (CAGR from 2023 to 2030) |
| Largest segment | Smart watches |
| Fastest growing segment | Smart Watches |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pulse Oximeters, Smart Watches, Wrist Bands |
| Key market players worldwide | Analog Devices Inc, Murata Manufacturing Co Ltd, Silicon Laboratories Inc, MediaTek Inc, Ams-OSRAM AG |
Other key industry trends
- In terms of revenue, U.S. accounted for 33.9% of the global ppg biosensors market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. ppg biosensors market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 340.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
PPG Biosensors Market Scope
PPG Biosensors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. ppg biosensors market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ppg biosensors market will help companies and investors design strategic landscapes.
Smart watches was the largest segment with a revenue share of 42.87% in 2023. Horizon Databook has segmented the U.S. ppg biosensors market based on pulse oximeters, smart watches, wrist bands covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. accounted for the largest market share of 84.6% in 2023 in North America. Healthcare is one of the largest sectors in the U.S. economy, accounting for 18% of the GDP. According to CMS, the U.S. healthcare per capita spending in 2019 was USD 11,528.
The increasing geriatric population is likely to drive the demand for patient monitoring devices, such as pulse oximeters, in the country over the forecast period. The COVID-19 pandemic has increased the need for patient monitoring devices, as patients opt for homecare treatment to avoid the risk of infection.
During the COVID-19 pandemic the FDA issued Emergency Use Authorizations (EUAs) for certain wearable and patient monitoring devices to increase availability of treatments & monitoring of patients and help reduce exposure of SARS-CoV-2.
Reasons to subscribe to U.S. ppg biosensors market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of U.S. ppg biosensors market databook
-
Our clientele includes a mix of ppg biosensors market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. ppg biosensors market , including forecasts for subscribers. This country databook contains high-level insights into U.S. ppg biosensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
U.S. ppg biosensors market size, by product, 2018-2030 (US$M)
U.S. PPG Biosensors Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
