South America Pulse Oximeters Market Research Report: Forecast (2023-2028)

By Type (Portable Pulse Oximeter [Fingertip, Handheld, Wearable], Tabletop Pulse Oximeter), By End Users (Hospitals, Homecare, Ambulatory Surgical Centres), By Country (Brazil, Argentina, Chile, Colom... ... entina, Chile, Colombia, Rest of South America), By Company (Invacare Corporation, CONTEC Medical Systems Co. Ltd., Nihon Kohden Corporation, Dragerwerk AG & Co. KGaA, Halma PLC, Smiths Medical Group Limited, Masimo, Koninklijke Philips Nv, Medtronic, Beurer GmbH, Others) Read more

  • Healthcare
  • Jan 2023
  • 192
  • PDF, Excel, PPT

Market Definition

A pulse oximeter is a device used for measuring blood oxygen saturation levels with the help of light emissions at a particular wavelength. The need for these devices arises especially during & after surgical procedures that involve sedation and also in health conditions like COPD (Chronic Obstructive Pulmonary Disease), anemia, lung cancer, asthma, pneumonia, etc., which affect the respiratory system.

Market Insights

The South America Pulse Oximeters Market is projected to grow at a CAGR of around 6% during the forecast period, i.e., 2023-28. Most of the market expansion would be driven by the mounting prevalence of cardiovascular diseases like rheumatic heart disease, congenital heart disease, coronary heart disease, and cerebrovascular disease, among others, across the region, majorly due to sedentary lifestyles & poor eating habits of people. Pulse oximeters, which are used actively in these medical conditions for the continuous monitoring of blood oxygen levels, are in high demand owing to the increasing number of deaths related to cardiovascular diseases.

The advent of Covid-19 positively impacted the market in South America. As Covid cases were skyrocketing at a significant pace, such products witnessed massive demand to measure hypoxic conditions in patients. Brazil registered the most Covid-19 cases across the entire region and, consequently, recorded maximum sales.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 6%
Country Covered Brazil, Argentina, Chile, Colombia, Rest of South America
Key Companies Profiled Invacare Corporation, CONTEC Medical Systems Co. Ltd., Nihon Kohden Corporation, Dragerwerk AG & Co. KGaA, Halma PLC, Smiths Medical Group Limited, Masimo, Koninklijke Philips Nv, Medtronic, Beurer GmbH, Others
Unit Denominations USD Million

 

Along with this, the growing geriatric population and the mounting prevalence of respiratory diseases like asthma & pulmonary hypertension are other prominent aspects stimulating the market expansion. The rising health concerns linked with the aging population have resulted in the ever-increasing number of patient-care centers across South America to monitor their health conditions, which, as a result, are accelerating the industry.

Key Trend in the Market

  • Accelerating Adoption of Wearable Pulse Oximeters

The emergence of wearable pulse oximeters to track real-time blood oxygen concentration, especially during extensive physical activities, is encouraging industry expansion. Extensive physical activities often lead to the depletion of blood oxygen levels, and hence require constant monitoring. Therefore, with increasing health consciousness among people, these products are in high demand among athletes & the young population. Several companies like Xiaomi, Huawei, etc., are launching innovative medical devices in Brazil, Argentina, etc., in order to suffice the budding consumer requirements, thereby fueling market enlargement.

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. South America Pulse Oximeters Market Trends & Developments
  5. South America Pulse Oximeters Market Dynamics
    1. Growth Drivers
    2. Challenges
  6. South America Pulse Oximeters Market Regulations & Policy
  7. South America Pulse Oximeters Market Supply Chain Analysis
  8. South America Pulse Oximeters Market Hotspots & Opportunities
  9. South America Pulse Oximeters Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Units Sold (Thousand Units)
    2. Market Share & Analysis
      1. By Type
        1. Portable Pulse Oximeter
          1. Fingertip
          2. Handheld
          3. Wearable
        2. Tabletop Pulse Oximeter
      2. By End Users
        1. Hospitals
        2. Homecare
        3. Ambulatory Surgical Centres
      3. By Country
        1. Brazil
        2. Argentina
        3. Chile
        4. Colombia
        5. Rest of South America
      4. By Company
        1. Competition Characteristics
        2. Revenue Shares
  10. Brazil Pulse Oximeters Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Units Sold (Thousand Units)
    2. Market Share & Analysis
      1. By Type
      2. By End Users
  11. Argentina Pulse Oximeters Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Units Sold (Thousand Units)
    2. Market Share & Analysis
      1. By Type
      2. By End Users
  12. Chile Pulse Oximeters Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Units Sold (Thousand Units)
    2. Market Share & Analysis
      1. By Type
      2. By End Users
  13. Colombia Pulse Oximeters Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Million)
      2. By Units Sold (Thousand Units)
    2. Market Share & Analysis
      1. By Type
      2. By End Users
  14. South America Pulse Oximeters Market Key Strategic Imperatives for Success & Growth
  15. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Research & Development
      4. Strategic Alliances
      5. Strategic Initiatives
    2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Invacare Corporation
      2. CONTEC Medical Systems Co. Ltd.
      3. Nihon Kohden Corporation
      4. Dragerwerk AG & Co. KGaA
      5. Halma PLC
      6. Smiths Medical Group Limited
      7. Masimo
      8. Koninklijke Philips Nv
      9. Medtronic
      10. Beurer GmbH
      11. Others
  16. Disclaimer


MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

Data Trangulation

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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