Pulse Oximeters Market To Exceed 438 Million Dollars By 2010, According To New Report By Global Industry Analysts, Inc.

Main Category: Medical Devices
Also Included In: Cardiovascular / Cardiology
Article Date: 22 Apr 2008 - 16:00 PDT

email to a friend   printer friendly   view / write opinions   rate article

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.

For more details of this research report please visit here.

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

http://www.StrategyR.com