UK Pulse Oximeter Market Size & Outlook, 2023-2030
UK pulse oximeter market, 2018-2030 (US$M)
Related Markets
UK pulse oximeter market highlights
- The UK pulse oximeter market generated a revenue of USD 181.1 million in 2023 and is expected to reach USD 263.2 million by 2030.
- The UK market is expected to grow at a CAGR of 5.5% 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.
Pulse oximeter market data book summary
| Market revenue in 2023 | USD 181.1 million |
| Market revenue in 2030 | USD 263.2 million |
| Growth rate | 5.5% (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, UK accounted for 5.4% 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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UK 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 63.89% in 2023. Horizon Databook has segmented the UK pulse oximeter market based on monitors, sensors covering the revenue growth of each sub-segment from 2018 to 2030.
Around 2% to 4% of the total adult population in the UK suffers from sleep apnea. Increasing number of reported sleep apnea cases and rising awareness among patients are some of the key market drivers. The prevalence of other chronic diseases, such as COPD, CHD, and other respiratory & pulmonary conditions, is also high.
As a result, the market is expected to witness lucrative growth over the forecast period. The Lincolnshire Community Health Services issued a guidance document for the use of adult pulse oximeters to ensure a uniform approach for the management of relevant conditions.
These guidelines are in accordance with the NHS Litigation Authority’s guidelines. In the UK, pulse oximeters are recommended for remote primary care monitoring of suspected COVID19 patients. Pulse oximeters are a critical tool for measuring and continuous monitoring of lung function in critically ill patients.
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Target buyers of UK 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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Horizon Databook provides a detailed overview of country-level data and insights on the UK pulse oximeter market , including forecasts for subscribers. This country databook contains high-level insights into UK pulse oximeter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK pulse oximeter market size, by component, 2018-2030 (US$M)
UK Pulse Oximeter Market Outlook Share, 2023 & 2030 (US$M)
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