Pulse Oximetry Industry Pulse Oximetry Industry | Page 2

Based on end users, market could span Homecare and Hospitals and other healthcare services. The “Hospitals
and other healthcare facilities” segment led the market in 2015 and will continue to lead in the forecast period.
The key factors that may be attributed to the growth of the market includes the presence of a huge patient base
with target diseases such as hypertension, COPD, cardiac arrhythmia, and sleep apnea.
North America accounted for the major share of the pulse oximetry market in 2015 and will continue to lead in
the forecast period. The factors that could be attributed to the growth include the existence of key players, good
health consciousness among people, a huge number of respiratory diseases and rising aged population in this
region. North America is followed by Europe and Asia-Pacific region owing to growing consciousness about
patient security during anesthesia and surgery, increasing demand.
Some of the key players that fuel the growth of the pulse oximetry market comprise CareFusion Corp; Covidien;
GE Healthcare; Masimo; Koninklijke Philips N.V.; Opto Circuits India Ltd.; CAS Medical Systems, Inc.; Nonin
Medical, Inc.; Welch Allyn; Smiths Medical; Zensorium; Spacelabs Healthcare; Nihon Kohden Corporation and
Meditech Equipment Co. Ltd. The leading companies are taking up partnerships, mergers and acquisitions, and
joint ventures in order to boost the inorganic growth of the industry.
Browse Related Category Market Reports @
https://www.millioninsights.com/industry/medical-devices
Market Segment:
Key Region
• North America
• Europe
• China
• Japan
• Southeast Asia
• India
Key Players
• Masimo Corp
• CAS Medical Systems
• Zensorium
• Covidien PLC
• Medtronic
• Opto Circuits
• Nonin Medical
• Smith Medical