The market for peripheral pulse oximetry includes both stand-alone bedside, handheld and fingertip monitors, in addition to the associated reusable and disposable sensors and OEM device boards. Growth in the total market will primarily be driven by high volumes of disposable sensors used in hospital settings, with a strong preference for disposable sensors that have become standard, for example in surgical and critical care settings. With the exception of the fingertip segment, the pulse oximetry monitor market is mature and sales are largely made on a replacement-basis. Sensor sales will increase primarily with the growing incidence of disease and hospitals admission rates, driven in part by the growing percentage of individuals over the age of 65. There continues to be a strong push for more monitoring in both hospitals (unmonitored wards and medical surgery) and alternate care settings (long-term care facilities and skilled nursing facilities). Both disposable and reusable segments will be able to take advantage of the anticipated growth, although competition between vendors will be significant. Additionally, although not discusses separately herein, the retail market for non FDA-approved pulse oximetry devices continues to grow as the customers look to take proactive action to better manage their health or chronic conditions.
Pulse oximetry devices are used for measuring the oxygen content bound to hemoglobin within a patient’s blood stream. The measurement is taken non-invasively by attaching the device to an adult patient’s finger or earlobe, whereas in neonatal patients, the device can be attached to the foot due to the patient’s smaller size. A light containing both red and infrared wavelengths is passed through this part of the body. A measure of oxygenation can be made based on the ratio of changing absorbance of the red and infrared light caused by the difference in color between oxygen-bound and oxygen unbound blood hemoglobin.
'
TABLE OF CONTENTS I
LIST OF FIGURES III
LIST OF CHARTS V
EXECUTIVE SUMMARY 1
U.S. PATIENT MONITORING DEVICE AND EQUIPMENT MARKET OVERVIEW 1
COMPETITIVE ANALYSIS 4
MARKET TRENDS 8
MARKETS INCLUDED 12
MARKET DEVELOPMENTS 17
KEY REPORT UPDATES 19
VERSION HISTORY 20
RESEARCH METHODOLOGY 21
1.1 RESEARCH SCOPE 21
1.2 IDATA’S 9-STEP METHODOLOGY 21
1.2.1 Step 1: Project Initiation & Team Selection 21
1.2.2 Step 2: Prepare Data Systems and Perform Secondary Research 23
1.2.3 Step 3: Preparation for Interviews & Questionnaire Design 24
1.2.4 Step 4: Performing Primary Research 25
1.2.5 Step 5: Research Analysis: Establishing Baseline Estimates 27
1.2.6 Step 6: Market Forecast and Analysis 28
1.2.7 Step 7: Identify Strategic Opportunities 30
1.2.8 Step 8: Final Review and Market Release 31
1.2.9 Step 9: Customer Feedback and Market Monitoring 32
PULSE OXIMETRY MONITORING MARKET 33
2.1 INTRODUCTION 33
2.1.1 Types of Oxygen Saturation Monitoring 34
2.1.2 Limitations of Pulse Oximetry 34
2.1.3 Emerging Technology: Laser Pulse Oximetry 34
2.2 MARKET OVERVIEW 35
2.3 MARKET ANALYSIS AND FORECAST 39
2.3.1 Total Hospital Pulse Oximetry Monitoring Market 39
2.3.1.1 Total Hospital Pulse Oximetry Sensor Market 41
2.3.1.1.1 Hospital Pulse Oximetry Disposable Sensor Market 43
2.3.1.1.2 Hospital Pulse Oximetry Reusable Sensor Market 45
2.3.1.2 Total Hospital Pulse Oximetry Monitor Market 47
2.3.1.2.1 Hospital Pulse Oximetry Bedside Monitor Market 49
2.3.1.2.2 Hospital Pulse Oximetry Handheld Monitor Market 51
2.3.1.2.3 Hospital Pulse Oximetry Fingertip Monitor Market 53
2.3.2 Total Alternate Care Pulse Oximetry Monitoring Market 55
2.3.2.1 Total Alternate Care Pulse Oximetry Sensor Market 58
2.3.2.1.1 Alternate Care Pulse Oximetry Disposable Sensor Market 60
2.3.2.1.2 Alternate Care Pulse Oximetry Reusable Sensor Market 62
2.3.2.2 Total Alternate Care Pulse Oximetry Monitor Market 64
2.3.2.2.1 Alternate Care Pulse Oximetry Bedside Monitor Market 66
2.3.2.2.2 Alternate Care Pulse Oximetry Handheld Monitor Market 68
2.3.2.2.3 Alternate Care Pulse Oximetry Fingertip Monitor Market 70
2.3.3 OEM Circuit Board Market 72
2.4 DRIVERS AND LIMITERS 75
2.4.1 Market Drivers 75
2.4.2 Market Limiters 75
2.5 COMPETITIVE MARKET SHARE ANALYSIS 77
ABBREVIATIONS 81
Chart 1 1: Patient Monitoring Device and Equipment Market by Segment, U.S., 2013 – 2023 3
Chart 1 2: Patient Monitoring Device and Equipment Market Overview, U.S., 2016 & 2023 3
Chart 2 1: Pulse Oximetry Monitoring Market by Segment, U.S., 2013 – 2023 37
Chart 2 2: Pulse Oximetry Monitoring Market Breakdown, U.S., 2016 38
Chart 2 3: Pulse Oximetry Monitoring Market Breakdown, U.S., 2023 38
Chart 2 4: Hospital Pulse Oximetry Monitoring Market by Segment, U.S., 2013 – 2023 40
Chart 2 5: Hospital Pulse Oximetry Sensor Market, U.S., 2013 – 2023 42
Chart 2 6: Hospital Pulse Oximetry Disposable Sensor Market, U.S., 2013 – 2023 44
Chart 2 7: Hospital Pulse Oximetry Reusable Sensor Market, U.S., 2013 – 2023 46
Chart 2 8: Hospital Pulse Oximetry Monitor Market, U.S., 2013 – 2023 48
Chart 2 9: Hospital Pulse Oximetry Bedside Monitor Market, U.S., 2013 – 2023 50
Chart 2 10: Hospital Pulse Oximetry Handheld Monitor Market, U.S., 2013 – 2023 52
Chart 2 11: Hospital Pulse Oximetry Fingertip Monitor Market, U.S., 2013 – 2023 54
Chart 2 12: Alternate Care Pulse Oximetry Monitoring Market by Segment, U.S., 2013 – 2023 57
Chart 2 13: Alternate Care Pulse Oximetry Sensor Market, U.S., 2013 – 2023 59
Chart 2 14: Alternate Care Pulse Oximetry Disposable Sensor Market, U.S., 2013 – 2023 61
Chart 2 15: Alternate Care Pulse Oximetry Reusable Sensor Market, U.S., 2013 – 2023 63
Chart 2 16: Alternate Care Pulse Oximetry Monitor Market, U.S., 2013 – 2023 65
Chart 2 17: Alternate Care Pulse Oximetry Bedside Monitor Market, U.S., 2013 – 2023 67
Chart 2 18: Alternate Care Pulse Oximetry Handheld Monitor Market, U.S., 2013 – 2023 69
Chart 2 19: Alternate Care Pulse Oximetry Fingertip Monitor Market, U.S., 2013 – 2023 71
Chart 2 20: OEM Circuit Board Market, U.S., 2013 – 2023 74
Chart 2 21: Leading Competitors, Pulse Oximetry Monitoring Market, U.S., 2016 80
Figure 1 1: Patient Monitoring Device and Equipment Market Share Ranking by Segment, U.S., 2016 (1 of 2) 4
Figure 1 2: Patient Monitoring Device and Equipment Market Share Ranking by Segment, U.S., 2016 (2 of 2) 5
Figure 1 3: Companies Researched in this Report, U.S., 2016 (1 of 2) 6
Figure 1 4: Companies Researched in this Report, U.S., 2016 (2 of 2) 7
Figure 1 5: Factors Impacting the Patient Monitoring Device and Equipment Market by Segment, U.S. (1 of 4) 8
Figure 1 6: Factors Impacting the Patient Monitoring Device and Equipment Market by Segment, U.S. (2 of 4) 9
Figure 1 7: Factors Impacting the Patient Monitoring Device and Equipment Market by Segment, U.S. (3 of 4) 10
Figure 1 8: Factors Impacting the Patient Monitoring Device and Equipment Market by Segment, U.S. (4 of 4) 11
Figure 1 9: Patient Monitoring Device and Equipment Markets Covered, U.S., 2016 (1 of 5) 12
Figure 1 10: Patient Monitoring Device and Equipment Markets Covered, U.S., 2016 (2 of 5) 13
Figure 1 11: Patient Monitoring Device and Equipment Markets Covered, U.S., 2016 (3 of 5) 14
Figure 1 12: Patient Monitoring Device and Equipment Markets Covered, U.S., 2016 (4 of 5) 15
Figure 1 13: Patient Monitoring Device and Equipment Markets Covered, U.S., 2016 (5 of 5) 16
Figure 1 14: Recent Events in the Patient Monitoring Device and Equipment Market, U.S., 2012 – 2016 (1 of 2) 17
Figure 1 15: Recent Events in the Patient Monitoring Device and Equipment Market, U.S., 2012 – 2016 (2 of 2) 18
Figure 1 16: Key Report Updates (1 of 2) 19
Figure 1 17: Key Report Updates (2 of 2) 20
Figure 1 18: Version History 20
Figure 2 1: Pulse Oximetry Monitoring Market by Segment, U.S., 2013 – 2023 (US$M) 36
Figure 2 2: Total Hospital Pulse Oximetry Monitoring Market, U.S., 2013 – 2023 (US$M) 39
Figure 2 3: Total Hospital Pulse Oximetry Sensor Market, U.S., 2013 – 2023 41
Figure 2 4: Hospital Pulse Oximetry Disposable Sensor Market, U.S., 2013 – 2023 43
Figure 2 5: Hospital Pulse Oximetry Reusable Sensor Market, U.S., 2013 – 2023 45
Figure 2 6: Total Hospital Pulse Oximetry Monitor Market, U.S., 2013 – 2023 47
Figure 2 7: Hospital Pulse Oximetry Bedside Monitor Market, U.S., 2013 – 2023 49
Figure 2 8: Hospital Pulse Oximetry Handheld Monitor Market, U.S., 2013 – 2023 51
Figure 2 9: Hospital Pulse Oximetry Fingertip Monitor Market, U.S., 2013 – 2023 53
Figure 2 10: Total Alternate Care Pulse Oximetry Monitoring Market, U.S., 2013 – 2023 (US$M) 56
Figure 2 11: Total Alternate Care Pulse Oximetry Sensor Market, U.S., 2013 – 2023 58
Figure 2 12: Alternate Care Pulse Oximetry Disposable Sensor Market, U.S., 2013 – 2023 60
Figure 2 13: Alternate Care Pulse Oximetry Reusable Sensor Market, U.S., 2013 – 2023 62
Figure 2 14: Total Alternate Care Pulse Oximetry Monitor Market, U.S., 2013 – 2023 64
Figure 2 15: Alternate Care Pulse Oximetry Bedside Monitor Market, U.S., 2013 – 2023 66
Figure 2 16: Alternate Care Pulse Oximetry Handheld Monitor Market, U.S., 2013 – 2023 68
Figure 2 17: Alternate Care Pulse Oximetry Fingertip Monitor Market, U.S., 2013 – 2023 70
Figure 2 18: OEM Circuit Board Market, U.S., 2013 – 2023 73
Figure 2 19: Drivers and Limiters, Pulse Oximetry Monitoring Market, U.S., 2016 76
Figure 2 20: Leading Competitors, Pulse Oximetry Monitoring Market, U.S., 2016 79
Medtronic
Philips Healthcare
Masimo
GE Healthcare
Edwards Lifesciences
Mindray Medical
Natus Medical
Honeywell Life Sciences
Welch Allyn
Omron Healthcare
Nihon Kohden
Spacelabs Healthcare
St. Jude Medical
Nonin Medical
Boston Scientific
Others include: • A&D Medical • Cadwell Laboratories • Denshi • Medline • Samsung • ADC • Care Innovationsm • GE Healthcare • Medocity • Santa Medical • Advanced Brain Monitoring • Carewell • GlobalMed • Mennen Medical • Schiller • Advantage Home Telehealth • CAS Medical Systems • Telemedicine • Merit • Smiths Medical • Aerotel Medical Systems, • Cheetah Medical • Graham-Field • Microlife • Sophysa • AmbioHealth • ChoiceMMed • HoMedics • Neoventa • Spielberg • Ambu • Cnsystems • Huntleigh Healthcare • Nihon Kohden • SunTech Medical • AMC Healthcare • Codman & Shurtleff, • Hutchinson Technology • OBS Medical • Teleflex Medical • AMD Global • Compumedics • HydroDotICU Medical • Optum (UnitedHealth) • Tensys • Telemedicine • Constant Care Technology • IdealLife • Ornim Medical • Tunstall Healthcare • American Telecare • Contec Medical Systems • Infinium Medical • Osypka Medical • USCOM • American Well • Criticare Systems • Integra Lifesciences • Panasonic • Utah Medical
• AnalogicCorporation • Deltex Medical • Ives EEG Solutions • Philips Healthcare • Veridian Healthcare • Argon Medical • Devon Medical • Ivy • Physioflow • ViTel Net (ViTelCare) • AuthentiDate • Dräger Medical • Biomedical • Polymap Wireless • Viterion Telehealthcare • Avizia • EBNeuro • Labtron • Prestige Medical • VRI • B. Braun • Edwards Lifesciences • LG CNS • Pulsion Medical • WA Baum • Biolight • Electro Geodesics • LiDCO • Qardio • Welch Allyn • Biotronik • Entra Health • LifeWatchAG • RAUMEDIC • Zoe Medical • Briggs Healthcare • Fukuda • Mediaid Inc. • RhythmLink • Zynex Medicaletc
