MCP-3347: PULSE OXIMETERS – A GLOBAL STRATEGIC BUSINESS REPORT

Pulse Oximeters Market to Exceed $438 Million by 2010, According to New Report by Global Industry Analysts, Inc.

Pulse oximetry exhibits healthy growth potential, as manufacturers turn to new sensor designs to minimize costs and expand customer base. Global market for Pulse Oximeters is projected to reach $438 million by 2010.

San Jose, California (PRWEB), April 22, 2008 -- With healthcare facility consolidation and increasing standardization, the market for pulse oximeters seems to be favorably poised. Product innovations, path-breaking technologies, advanced sensors are the principal driving factors for the pulse oximeters market. The technology has emerged as a widely accepted method of measuring arterial oxygen saturation in hospitals, subacute care centers, EMS and home settings. Introduction of motion-tolerant and low-perfusion technologies has intensified competition amongst providers of pulse oximetry sensors. The use of pulse oximeters in different market segments is currently being explored. An increased awareness about effects of intermittent apnea on the heart may widen the scope of pulse oximeters in the home and alternate care site segments.

The US and Europe dominate the pulse oximeters market accounting for over 80% of the global revenues, as stated in a recent report published by Global Industry Analysts, Inc. Asia-Pacific is projected to be the fastest growing regional market for pulse oximeters over 2000-2010. Hospital care forms the largest end use segment for pulse oximeters. Alternate care pulse oximeters are popular in developed regions including the US and Western Europe. Multiparameter units form the largest product category.

In Europe, the Multiparameter units market is estimated at $74 million for 2008. France, Germany, UK, Italy together account for an estimated 65% of the Pulse Oximeters market in Europe. Stand-Alone Devices market in the emerging Asia-Pacific market is projected to reach $6.9 million by 2010.

Dominant players in the pulse oximeters market include Nellcor Puritan Bennett Inc., GE Healthcare UK Ltd., ALARIS Medical Systems Inc., Criticare Systems, Inc., CAS Medical Systems Inc., Masimo Corporation, Nihon-Kohden Corp, Nonin Medical, Inc., Philips Medical Systems, Respironics, Inc., Spacelabs Healthcare, Inc., Welch Allyn, Inc.

The report titled “Pulse Oximeters: A Global Strategic Business Report” published by Global Industry Analysts, Inc., analyzes the market across two major product segments, namely Stand-Alone Devices (Bedside Devices and Handheld Devices), and Multiparameter Units. The study also analyzes pulse oximeters market by end-use segment for Hospital Care (Stand-Alone Device and Multiparameter Units), and Alternate Care (Stand-Alone Device and Multiparameter Units). The report covers major market dynamics, trends, and competition pertaining to the Pulse Oximeters market. The report enumerates recent developments, mergers, acquisitions and other strategic industry activities. Analysis is presented for established and emerging markets including United States, Japan, France, Germany, United Kingdom, Italy, Asia-Pacific, and Latin America.

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