Market Introduction
The pulse oximeter is a non-invasive device used for monitoring the oxygen saturation level in blood. It is mostly used in intensive care, operating, emergency care, and patient at high altitudes to assess a patient’s oxygenation to determine if there is a need for supplemental oxygen.
Market Overview and Dynamics
The Europe pulse oximeters market is expected to reach US$ 991.82 million in 2027 from US$ 519.46 million in 2019. The market is estimated to grow with a CAGR of 8.3% from 2020 to 2027. The growth of the Europe pulse oximeters market is attributed to key driving factors such as rising prevalence of respiratory diseases, outbreak of COVID 19 pandemic and increasing incidence of congenital heart disease. However, inaccuracies in pulse oximeter readings are expected to obstruct the market's growth to a certain extent during the forecast years.
Key Market Segments
The Europe pulse oximeters market, by type, is segmented into fingertip pulse oximeters, handheld pulse oximeters, wrist-worn pulse oximeters, and pediatric pulse oximeters. The handheld pulse oximeters segment held the largest share of the market in 2019; however, the fingertip pulse oximeters segment is expected to register highest CAGR in the market during the forecast period.
Based on end user, the Europe pulse oximeters market is segmented into hospitals, clinics, and others. The hospitals segment held the largest market share in 2019; however, the market for others is estimated to grow at the highest CAGR during the forecast period.
Major Sources and Companies Listed
Some of the primary and secondary sources associated with this report on the Europepulse oximeters market are European Respiratory Society (ERS); National Health Service (NHS); andCenters for Disease Control and Prevention (CDC).
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EUROPEPULSE OXIMETERS SEGMENTATION
By Type
- Fingertip Pulse Oximeters
- Handheld Pulse Oximeters
- Wrist-worn Pulse Oximeters
- Pediatric Pulse Oximeters
By End User
- Hospitals
- Clinics
- Other
By Country
- UK
- France
- Spain
- Italy
- Germany
- Rest of Europe
Company Profiles
- Nonin
- Koninklijke Philips N.V.
- Smith’s Medical
- Hill Rom Holding Inc
- Edwards Lifesciences Corporation
- Medtronic
- Masimo
- Beurer GmbH
- Maxtec
- VYAIRE MEDICAL, INC.
Europe Pulse Oximeters Market Strategic Insights
Europe Pulse OximetersMarket Report Highlights
| Report Attribute | Details |
| Market size in 2019 | US$ 519.46 Million |
| Market Size by 2027 | US$ 991.82 Million |
| CAGR (2020 - 2027) | 8.3% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
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Regions and Countries Covered
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| Europe | UK, Germany, France, Russia, Italy, Rest of Europe |
| Market leaders and key company profiles |
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Europe Pulse Oximeters Market Country and Regional Insights