Japan Pulse Oximeter Market Size & Outlook, 2023-2030
Japan pulse oximeter market, 2018-2030 (US$M)
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Japan pulse oximeter market highlights
- The Japan pulse oximeter market generated a revenue of USD 123.2 million in 2023 and is expected to reach USD 209.2 million by 2030.
- The Japan market is expected to grow at a CAGR of 7.9% 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 123.2 million |
| Market revenue in 2030 | USD 209.2 million |
| Growth rate | 7.9% (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, Japan accounted for 3.7% 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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Japan 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 65.18% in 2023. Horizon Databook has segmented the Japan pulse oximeter market based on monitors, sensors covering the revenue growth of each sub-segment from 2018 to 2030.
Growing geriatric population and increasing risk of various respiratory & cardiovascular diseases—due to various lifestyle factors & declining air quality—are expected to boost market growth over the forecast period. Prevalence of airflow limitation disorders is increasing in Japan. This rise is believed to be a result of low diagnosis of COPD, wherein more than half of the undiagnosed COPD patients seek medical care, but for other ailments related to COPD. Rapidly aging population, coupled with high rate of smoking, indicates high prevalence of COPD in the population. It also exposes them to the risk of CHD and other pulmonary conditions. This scenario highlights the need for improving screening techniques and treatment methods.
With rising awareness of respiratory disorders, the demand for home respiratory care devices has significantly increased in the country. Ambulatory equipment, such as pulse oximeters, oxygen concentrators, and remote patient monitors, are available at low costs while ensured for high quality by manufacturers. Furthermore, pulse oximeters are considered an essential device for self-management of respiratory disorders and are in high demand. Rental pulse oximeters are also used for long-term oxygen therapy.
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Target buyers of Japan 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 Japan pulse oximeter market , including forecasts for subscribers. This country databook contains high-level insights into Japan pulse oximeter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan pulse oximeter market size, by component, 2018-2030 (US$M)
Japan Pulse Oximeter Market Outlook Share, 2023 & 2030 (US$M)
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