Dublin, Sept. 20, 2023 (GLOBE NEWSWIRE) -- The "Global Wearable Pulse Oximeter Market by Product, End User, Distribution - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The Global Wearable Pulse Oximeter Market size was estimated at USD 577.10 million in 2022, USD 632.15 million in 2023, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 9.79% to reach USD 1,218.84 million by 2030.
Market Segmentation & Coverage:
This research report categorizes the Global Wearable Pulse Oximeter Market in order to forecast the revenues and analyze trends in each of following sub-markets:
- Based on Product, the market is studied across Fingertip Oximeter, Ring-type Oximeter, and Wrist Oximeter. The Fingertip Oximeter commanded largest market share of 41.71% in 2022, followed by Wrist Oximeter.
- Based on End User, the market is studied across Ambulatory Surgical Center, Clinic, Home Care Setting, Hospital, and Personnel. The Hospital commanded largest market share of 39.31% in 2022, followed by Clinic.
- Based on Distribution, the market is studied across Offline and Online. The Offline commanded largest market share of 85.73% in 2022, followed by Online.
- The Americas commanded largest market share of 36.49% in 2022, followed by Europe, Middle East & Africa.
The report provides insights on the following pointers:
- Market Penetration: Provides comprehensive information on the market offered by the key players
- Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
- Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
- Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation
- Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
- Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
Market Dynamics Drivers
- Prevalence of Pulmonary and Cardiovascular Diseases in Geriatric Population
- Rising Adoption of Telemedicine and Telehealth
- Growing Adoption of Wearable Pulse Oximeters in Home Healthcare
Restraints
- Limited Reimbursement Policies and Awareness Associated with the Wearable Pulse Oximeters
Opportunities
- Introduction of Integrated and Connected Pulse Oximeters
- Rising Awareness of Preventive Healthcare and Online Availability
Challenges
- Interpretation and Limitations of Wearable Pulse Oximeters
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 192 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $632.15 Million |
| Forecasted Market Value (USD) by 2030 | $1218.84 Million |
| Compound Annual Growth Rate | 9.7% |
| Regions Covered | Global |
Competitive Portfolio
- Apple Inc.
- Braebon Medical Corporation
- Contec Medical Systems Co., Ltd.
- Fitbit, Inc.
- Garmin Ltd.
- GOQii
- Isansys Ltd.
- Koninklijke Philips N.V.
- Masimo Corporation
- MedIoTek Health Systems Pvt. Ltd.
- Medtronic PLC
- Microchip Technology Incorporated
- MTEC Global Co., Ltd.
- Nonin Medical, Inc.
- Nordic Semiconductor ASA
- Omron Corporation
- Oxitone Medical Ltd.
- OxiWear Inc.
- Samsung Electronics Co., Ltd.
- Shenzhen Viatom Innovation Technology Co., Ltd.
- True Wearables, Inc.
- Vyaire Medical, Inc.
- Xiaomi Corporation
- ZOLL Medical Corporation
For more information about this report visit https://www.researchandmarkets.com/r/qt5nn
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
