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Pulse Oximeters and Spirometers Global Market Report 2020-30: Covid 19 Implications and Growth

Starting Price : $ 4000.00 | Pages : 150 | Published : April 2020 | SKU CODE : 7632 | Format :


The pulse oximeters and spirometers market consist of sales of pulse oximeters, spirometers that are used as respiratory care devices in healthcare industry. The market includes the sales of handheld, tabletop or fingertip pulse oximeters that are used to monitor the oxygen saturation levels of blood and pulse rate, and handheld, desktop or tabletop spirometers that are used to measure the air capacity of lungs. The pulse oximeters and spirometer companies are primarily engaged in the manufacturing and developing of these devices used to monitor the respiration-related parameters that aid in detection of respiratory disorders.

The global pulse oximeters and spirometers market is expected to grow from $2.6 billion in 2019 to about $6.5 billion in 2020 due to an increase in demand for such respiratory function monitoring equipment for Covid-19 patients. The market is expected to stabilize and reach $3.9 billion at a CAGR of 10.7% through 2023.

Covid-19 infection is a respiratory illness and therefore there is an increased demand for respiratory devices including pulse oximeters and spirometers. Oxygen therapy is a major intervention for patients with severe Covid-19 infection, and the healthcare providers need to ensure the availability of pulse oximeters and other medical oxygen systems. The market for these devices is expected to surge as they contribute to the early detection and remote monitoring of patients.

North America was the largest region in the pulse oximeters and spirometers market in 2019.

The pulse oximeters and spirometers market covered in this report is segmented by product type into pulse oximeters, spirometers. It is also segmented by end use into hospitals, home care settings, clinical laboratories, industrial settings and by application into diagnostic, treatment monitoring.

Increasing incidence of Chronic Obtrusive Pulmonary Disease (COPD) globally due to increase in aged population over 65 years of age, air pollution and high smoking prevalence will contribute to the market growth. There will be a five-fold increased risk for COPD among population over 65 years than the population below 40 years. Smoking and air pollution damage the lungs, which increases the risk for COPD. Indoor air pollution increases the risk of COPD by 2.65% and smoking by 90%. In 2019, globally there were 703 million persons aged 65 years or over and it is expected to double in the forthcoming decades. Around 19% adults smoke tobacco globally and 91% of the population reside in the areas where air quality levels exceeds WHO limits. Increased prevalence of COPD among the population will increase the demand for the medical equipment like pulse oximeters and spirometers for diagnosis and therapy maintenance.

Lack of awareness among the global population about the respiratory signs and symptoms has hindered the growth of the market in the historic period. For instance, in 2018, a survey conducted in Danish general population found that 28% of the test population did not even consider COPD as a serious condition. 13% smokers and 15.5% of never smokers did not know about the signs and symptoms of the disease. In 2019, in another study in Ethiopia, it was found that COPD which is a major respiratory disease is neglected by the population of low-income countries and its prevalence, signs and symptoms are unknown among them. Many patients with respiratory diseases like COPD are under-diagnosed leading to under-reporting of the disease. 17.8% of the study population were diagnosed with COPD. Lack of awareness has a negative impact on the pulse oximeters and spirometers market growth.

Companies in the pulse oximeters and spirometer market are increasingly focusing on developing smart and wireless oximeters and spirometers. Use of wireless technology in the monitoring devices is trending nowadays, which enhances its ease of usage and data analysis. The integration of wireless technology allows the transfer of data from the device to a smart phone or a wireless device through Bluetooth or cellular connection for data processing and then to display the results. In 2018, FDA approved Masimo MightySat Rx Fingertip Pulse Oximeter by Masimo Corporation, Smart One by MIR and in 2019, Loop system by Spry Health, Inc., B.O.L.T. by American Megatrends India Private Limited, etc., which are used to monitor vital parameters and respiratory parameters. The intermittent data collected by the Loop System is transferred to the clinician by web server, data communication by Smart One and Masimo MightySat Rx Fingertip Pulse Oximeter are done through Bluetooth pairing and B.O.L.T. is operated by a connection with Bluetooth enabled smart devices.

In August 2018, Royal Philips, a Netherlands-based health technology company that develops diagnostic imaging, image-guided therapy, patient monitoring and health informatics as well as focuses on home care and consumer health acquired Xhale Assurance Inc. for an undisclosed amount. The deal will broaden and differentiate Philips oxygen saturation monitoring solutions and will currently make the company a key clinical player. Xhale Assurance Inc. is a US-based company which develops and commercializes next generation sensor technologies in patient monitoring devices like pulse oximetry.

Major players in the market are Smiths Medical Inc., Koninklijke Philips N.V., Vyaire Medical, Schiller AG, General Electric Company, Masimo Corporation, Medtronic PLC, Opto Circuits Limited

The major players in the global pulse oximeters and spirometers market are Smiths Medical Inc., Koninklijke Philips N.V., Vyaire Medical, Schiller AG, General Electric Company, Masimo Corporation, Medtronic PLC, Opto Circuits Limited, Fukuda Sangyo Co. Ltd, Hill-Rom Holdings, Inc., MGC Diagnostics Corporation, Messe Düsseldorf GmbH, Omron Healthcare Inc., Nonin Medical, Inc, Edwards Lifesciences Corporation, Drägerwerk AG & Co. KGaA, Spacelabs Healthcare Inc., Halma PLC, SDI Diagnostics Inc, nSpire Health, Inc, SIBELMED, Labtech Ltd., Carefusion Corporation, NDD Medical Technologies, Inc., Vitalograph, COSMED srl, Philips Benelux, Contec Medical System Co. Ltd, B Smiths Group plc.

The countries covered in the global pulse oximeters and spirometers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA

The Global Pulse Oximeters And Spirometers Market is segmented: 1) By Product Type: Pulse Oximeters, Spirometers 2) By End Use: Hospitals, Home Care Settings, Clinical Laboratories, Industrial settings 3) By Application: Diagnostic, Treatment Monitoring

    1. Executive Summary

    2. Pulse Oximeters and Spirometers Market Characteristics

    3. Pulse Oximeters and Spirometers Market Size And Growth

    3.1. Global Pulse Oximeters and Spirometers Historic Market, 2015 - 2019, $ Billion

    3.1.1. Drivers Of The Market

    3.1.2. Restraints On The Market

    3.2. Global Pulse Oximeters and Spirometers Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion

    3.2.1. Drivers Of The Market

    3.2.2. Restraints On the Market

    4. Pulse Oximeters and Spirometers Market Segmentation

    4.1. Global Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Pulse Oximeters

    Spirometers

    4.2. Global Pulse Oximeters and Spirometers Market, Segmentation By End Use, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Hospitals

    Home Care Settings

    Clinical Laboratories

    Industrial settings

    4.3. Global Pulse Oximeters and Spirometers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    Diagnostic

    Treatment Monitoring

    5. Pulse Oximeters and Spirometers Market Regional And Country Analysis

    5.1. Global Pulse Oximeters and Spirometers Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    5.2. Global Pulse Oximeters and Spirometers Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    6. Asia-Pacific Pulse Oximeters and Spirometers Market  

    6.1. Asia-Pacific Pulse Oximeters and Spirometers Market Overview  

    6.2. Asia-Pacific Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    7. China Pulse Oximeters and Spirometers Market  

    7.1. China Pulse Oximeters and Spirometers Market Overview  

    7.2. China Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,$ Billion

    8. India Pulse Oximeters and Spirometers Market  

    8.1. India Pulse Oximeters and Spirometers Market Overview  

    8.2. India Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    9. Japan Pulse Oximeters and Spirometers Market  

    9.1. Japan Pulse Oximeters and Spirometers Market Overview  

    9.2. Japan Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    10. Australia Pulse Oximeters and Spirometers Market  

    10.1. Australia Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    11. Indonesia Pulse Oximeters and Spirometers Market  

    11.1. Indonesia Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    12. South Korea Pulse Oximeters and Spirometers Market  

    12.1. South Korea Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    13. Western Europe Pulse Oximeters and Spirometers Market  

    13.1. Western Europe Pulse Oximeters and Spirometers Market Overview

    13.2. Western Europe Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    14. UK Pulse Oximeters and Spirometers Market  

    14.1. UK Pulse Oximeters and Spirometers Market Overview

    14.2. UK Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    15. Germany Pulse Oximeters and Spirometers Market  

    15.1. Germany Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    16. France Pulse Oximeters and Spirometers Market  

    16.1. France Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    17. Eastern Europe Pulse Oximeters and Spirometers Market  

    17.1. Eastern Europe Pulse Oximeters and Spirometers Market Overview

    17.2. Eastern Europe Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    18. Russia Pulse Oximeters and Spirometers Market  

    18.1. Russia Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    19. North America Pulse Oximeters and Spirometers Market  

    19.1. North America Pulse Oximeters and Spirometers Market Overview

    19.2. North America Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    20. USA Pulse Oximeters and Spirometers Market  

    20.1. USA Pulse Oximeters and Spirometers Market Overview

    20.2. USA Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    21. South America Pulse Oximeters and Spirometers Market  

    21.1. South America Pulse Oximeters and Spirometers Market Overview

    21.2. South America Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    22. Brazil Pulse Oximeters and Spirometers Market  

    22.1. Brazil Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    23. Middle East Pulse Oximeters and Spirometers Market  

    23.1. Middle East Pulse Oximeters and Spirometers Market Overview

    23.2. Middle East Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    24. Africa Pulse Oximeters and Spirometers Market  

    24.1. Africa Pulse Oximeters and Spirometers Market Overview

    24.2. Africa Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

    25. Pulse Oximeters and Spirometers Market Competitive Landscape And Company Profiles

    25.1. Pulse Oximeters and Spirometers Market Competitive Landscape

    25.2. Pulse Oximeters and Spirometers Market Company Profiles

    25.2.1. Smiths Medical Inc.

    25.2.1.1. Overview

    25.2.1.2. Products and Services

    25.2.1.3. Strategy

    25.2.1.4. Financial Performance

    25.2.2. Koninklijke Philips N.V.

    25.2.2.1. Overview

    25.2.2.2. Products and Services

    25.2.2.3. Strategy

    25.2.2.4. Financial Performance

    25.2.3. Vyaire Medical

    25.2.3.1. Overview

    25.2.3.2. Products and Services

    25.2.3.3. Strategy

    25.2.3.4. Financial Performance

    25.2.4. Schiller AG

    25.2.4.1. Overview

    25.2.4.2. Products and Services

    25.2.4.3. Strategy

    25.2.4.4. Financial Performance

    25.2.5. General Electric Company

    25.2.5.1. Overview

    25.2.5.2. Products and Services

    25.2.5.3. Strategy

    25.2.5.4. Financial Performance

    26. Key Mergers And Acquisitions In The Pulse Oximeters and Spirometers Market

    27. Pulse Oximeters and Spirometers Market Trends And Strategies

    28. Pulse Oximeters and Spirometers Market Future Outlook and Potential Analysis

    29. Appendix

    29.1. Abbreviations

    29.2. Currencies

    29.3. Research Inquiries

    29.4. The Business Research Company

    29.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 3: Global Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 4: Global Pulse Oximeters and Spirometers Market, Segmentation By End Use, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 5: Global Pulse Oximeters and Spirometers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 6: Global Pulse Oximeters and Spirometers Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 7: Global Pulse Oximeters and Spirometers Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 8: Asia-Pacific, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 9: China, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 10: India, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 11: Japan, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 12: Australia, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 13: Indonesia, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 14: South Korea, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 15: Western Europe, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 16: UK, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 17: Germany, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 18: France, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 19: Eastern Europe, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 20: Russia, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 21: North America, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 22: USA, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 23: South America, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 24: Brazil, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 25: Middle East, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 26: Africa, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Table 27: Smiths Medical Inc. Financial Performance
  • Table 28: Koninklijke Philips N.V. Financial Performance
  • Table 29: Vyaire Medical Financial Performance
  • Table 30: Schiller AG Financial Performance
  • Table 31: General Electric Company Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2019, $ Billion
  • Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 3: Global Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 4: Global Pulse Oximeters and Spirometers Market, Segmentation By End Use, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 5: Global Pulse Oximeters and Spirometers Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 6: Global Pulse Oximeters and Spirometers Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 7: Global Pulse Oximeters and Spirometers Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 8: Asia-Pacific, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 9: China, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 10: India, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 11: Japan, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 12: Australia, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 13: Indonesia, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 14: South Korea, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 15: Western Europe, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 16: UK, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 17: Germany, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 18: France, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 19: Eastern Europe, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 20: Russia, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 21: North America, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 22: USA, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 23: South America, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 24: Brazil, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 25: Middle East, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 26: Africa, Pulse Oximeters and Spirometers Market, Segmentation By Product Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
  • Figure 27: Smiths Medical Inc. Financial Performance
  • Figure 28: Koninklijke Philips N.V. Financial Performance
  • Figure 29: Vyaire Medical Financial Performance
  • Figure 30: Schiller AG Financial Performance
  • Figure 31: General Electric Company Financial Performance
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