Pulse Oximetry Market in Japan 2017-2021

Pulse oximetry market forecast in Japan

The sales of medical devices such as pulse oximeters, blood pressure monitors, blood glucose testing devices, thermometers, braces, and support devices are increasing due to the growth and expansion of the e-commerce sector. Our research analysis on the pulse oximetry market in Japan identifies that the increased availability of pulse oximetry devices will be one of the major factors that will have a positive impact on the growth of the market. A large number of vendors are benefited through increased promotional and marketing activities as online sales of pulse oximetry devices results in a reduced setup, distribution, and operational cost. Furthermore, consumers find it easy to purchase pulse oxygen meter or pulse oximeter devices from e-commerce websites as these websites display a wide variety of products from different vendors at lucrative prices. Technavio’s market research analysts predict that this market will grow at a CAGR of more than 5% by 2021.

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The rising demand for smartphone-based pulse oximeters is identified as one of the key pulse oximetry market trends that will boost the market in Japan during the estimated period. The middle and low-income countries are witnessing an increased purchase volume of smartphone-based pulse oximeters because they are cost-efficient. This encouraged many manufacturers to come up with a low-cost audio-based smartphone oximeter that eliminates the need for hardware costs.

Competitive landscape and key vendors

The pulse oximetry market in Japan is concentrated and the vendors are focusing on designing and distributing technologically advanced and affordable devices. The market is competitive and the vendors in the pulse oximetry market are increasingly competing against each other based on factors such as pricing, product differentiation, and cost-effectiveness.

Pulse oximetry market key players

• GE Healthcare
• Koninklijke Philips
• Medtronic
• NIHON KOHDEN

Other prominent vendors in the market include BD (CareFusion), CONTEC MEDICAL SYSTEMS, Drägerwerk AG, Masimo, NISSEI HOLDINGS, Nonin Medical, OMRON, Santa Medical, Schiller, and Smiths Medical.

Segmentation by product and analysis of the pulse oximetry market in Japan

• Handheld pulse oximeters
• Fingertip pulse oximeters
• Bedside/desktop pulse oximeters
• Wrist-worn pulse oximeters

The adoption of handheld pulse oximeters is high in both hospitals and home-care settings. It is used for both adults and children to measure the blood oxygen saturation level and pulse rate. The handheld finger pulse oximeter devices segment will continue to grow in the forthcoming years due to its light-weight and portability.

Segmentation by end-user and analysis of the pulse oximetry market in Japan

• Hospitals
• Alternate care settings

The adoption of portable pulse oximeter devices is high in hospitals because a large number of surgeons rely on pulse oximeters to detect the level of blood oxygen in patients during the surgery. The influx of patients will continue to increase in the hospitals over other healthcare centers because they offer reimbursements, engage closely with many suppliers, and procure medical products and consumables in bulk.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the pulse oximetry market in Japan?
• What are the key market trends impacting the growth of the pulse oximetry market in Japan?
• What are the challenges to market growth?
• Who are the key vendors in the pulse oximetry market in Japan?
• What are the market opportunities and threats faced by the vendors in the pulse oximetry market in Japan?
• What are the trending factors influencing the market shares of Japan?
• What are the key outcomes of the five forces analysis of the pulse oximetry market in Japan?

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