China Pulse Oximeter Market Size & Outlook, 2023-2030
China pulse oximeter market, 2018-2030 (US$M)
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China pulse oximeter market highlights
- The China pulse oximeter market generated a revenue of USD 184.9 million in 2023 and is expected to reach USD 301.3 million by 2030.
- The China market is expected to grow at a CAGR of 7.2% 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.
Pulse oximeter market data book summary
| Market revenue in 2023 | USD 184.9 million |
| Market revenue in 2030 | USD 301.3 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Monitors |
| Fastest growing segment | Sensors |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 5.5% of the global pulse oximeter market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China pulse oximeter market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 138.1 million by 2030.
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Pulse Oximeter Market Scope
Pulse Oximeter Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 64.58% in 2023. Horizon Databook has segmented the China pulse oximeter market based on monitors, sensors covering the revenue growth of each sub-segment from 2018 to 2030.
China has a large geriatric population and as per WHO estimates, more than 75% of deaths are caused by chronic diseases such as cardiovascular diseases, COPD, & cancer. Critical cases of CHDs in newborns go undetected in ultrasonography.
Based on research published in April 2016, pulse oximetry has proven to be a reliable and feasible monitoring method for the early detection of CHDs in newborns. Pulse oximetry has also proven to be adequate in the diagnosis of obstructive sleep apnea.
A study published in March 2015, conducted by the Sleep Center of China Medical University Hospital, showed that overnight pulse oximetry on a regulatory basis can help replace traditional monitoring methods, such as polysomnography, that are more expensive and time-consuming.
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Target buyers of China 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 country-level data and insights on the China pulse oximeter market , including forecasts for subscribers. This country databook contains high-level insights into China pulse oximeter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China pulse oximeter market size, by component, 2018-2030 (US$M)
China Pulse Oximeter Market Outlook Share, 2023 & 2030 (US$M)
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