Asia Pacific Pulse Oximeter Market Size & Outlook
Asia Pacific pulse oximeter market, 2018-2030 (US$M)
Related Markets
Asia Pacific pulse oximeter market highlights
- The Asia Pacific pulse oximeter market generated a revenue of USD 576.6 million in 2023.
- The market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
- In terms of segment, monitors was the largest revenue generating component in 2023.
- Sensors is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 576.6 million |
| Market revenue in 2030 | USD 1,023.1 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Monitors |
| Fastest growing segment | Sensors |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Monitors, Sensors |
| Key market players worldwide | Medtronic PLC, Masimo Corp, Koninklijke Philips NV, GE Aerospace, Nonin Medical, Nihon Kohden Corp, ICU Medical Inc, OSI Systems Inc, CONTEC, Draegerwerk AG & Co KGaA |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 17.3% of the global pulse oximeter market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,023.1 million by 2030.
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Pulse Oximeter Market Scope
Pulse Oximeter Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific pulse oximeter 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 pulse oximeter market will help companies and investors design strategic landscapes.
Monitors was the largest segment with a revenue share of 65.89% in 2023. Horizon Databook has segmented the Asia Pacific pulse oximeter market based on monitors, sensors covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing awareness about patient safety during surgery and anesthesia has encouraged governments & hospitals to include pulse oximetry in treatments. Pulse oximetry has been reported to reduce postoperative admission rates and decrease the risk of cardiac arrest during procedures.
Institutes such as the Indian Society of Anesthesiologists advocate the use of pulse oximeters during any procedure wherein the patient is anesthetized. Market players are recognizing the potential and introducing new products suited for developing economies of the region.
In January 2017, Masimo launched Rad-97 Pulse-CO Oximeter in India. The product was intended to improve CHD screening in neonates. Although Asia Pacific has a slightly declining birth rate, the number of infants born every day is considerably large.
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Target buyers of Asia Pacific pulse oximeter market databook
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Our clientele includes a mix of pulse oximeter market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 continent-level data and insights on the Asia Pacific pulse oximeter market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific pulse oximeter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific pulse oximeter market size, by country, 2018-2030 (US$M)
Asia Pacific Pulse Oximeter Market Outlook Share, 2023 & 2030 (US$M)
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