Middle East & Africa Pulse Oximeter Market Size & Outlook
Middle East & Africa pulse oximeter market, 2018-2030 (US$M)
Related Markets
MEA pulse oximeter market highlights
- The MEA pulse oximeter market generated a revenue of USD 210.6 million in 2023.
- The market is expected to grow at a CAGR of 7.4% 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, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 210.6 million |
| Market revenue in 2030 | USD 346.4 million |
| Growth rate | 7.4% (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, MEA region accounted for 6.3% 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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Middle East & Africa 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 67.33% in 2023. Horizon Databook has segmented the Middle East & Africa pulse oximeter market based on monitors, sensors covering the revenue growth of each sub-segment from 2018 to 2030.
Prevalence of COPD is Middle Eastern countries has increased, due to changing lifestyle and westernization. Insufficient healthcare infrastructure restricts healthcare professionals from using pulse oximeters, which poses a major risk to public health.
Thus, rigorous measures to incorporate use of pulse oximeters in healthcare settings are required in this region. African countries add to the healthcare burden due to high prevalence of diseases and poor healthcare systems.
NGOs across the globe are trying to tackle the problem of poor healthcare in third-world countries. The spread of the novel coronavirus in this region has been relatively low compared to other regions. With severe shortage of critical respiratory devices across the world, some of the countries in this region are relying on telehealth solutions and remote monitoring devices that are equipped with solutions to help measure respiratory vitals of patients.
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Target buyers of Middle East & Africa 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 Middle East & Africa pulse oximeter market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa pulse oximeter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA pulse oximeter market size, by country, 2018-2030 (US$M)
Middle East & Africa Pulse Oximeter Market Outlook Share, 2023 & 2030 (US$M)
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