Spain Pulse Oximeter Market Size & Outlook, 2023-2030
Spain pulse oximeter market, 2018-2030 (US$M)
Related Markets
Spain pulse oximeter market highlights
- The Spain pulse oximeter market generated a revenue of USD 70.9 million in 2023 and is expected to reach USD 118.5 million by 2030.
- The Spain market is expected to grow at a CAGR of 7.6% 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 70.9 million |
| Market revenue in 2030 | USD 118.5 million |
| Growth rate | 7.6% (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, Spain accounted for 2.1% 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 Europe, Germany pulse oximeter market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 230.3 million by 2030.
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Pulse Oximeter Market Scope
Pulse Oximeter Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain 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 66.43% in 2023. Horizon Databook has segmented the Spain pulse oximeter market based on monitors, sensors covering the revenue growth of each sub-segment from 2018 to 2030.
COPD is an important cause of morbidity and mortality in the country. In January 2020, a study published by Revista Española de Quimioterapia, the official journal of the Spanish Society of Chemotherapy, revealed that COPD affects more than 10% of the country’s population, mainly due to tobacco smoking.
There is significant demand for respiratory health monitoring equipment due to the high prevalence of respiratory diseases, and the demand is expected to further increase considerably due to the pandemic. Patients recovering at home require monitoring of health parameters.
In April 2020, Boehringer Ingelheim Spain donated 200 intelligent pulse oximeters for real-time and remote monitoring of parameters such as oxygen saturation, heart rate, and respiratory rate. Healthcare providers at Vall d'Hebron University Hospital, Barcelona, will receive real-time data transmitted by the devices, enabling them to provide prompt medical intervention.
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Target buyers of Spain 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 Spain pulse oximeter market , including forecasts for subscribers. This country databook contains high-level insights into Spain pulse oximeter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain pulse oximeter market size, by component, 2018-2030 (US$M)
Spain Pulse Oximeter Market Outlook Share, 2023 & 2030 (US$M)
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