Transcutaneous Oxygen Monitor Market Analysis | 2022-2026

Transcutaneous Oxygen Monitor Market Analysis | 2022-2026

Transcutaneous Oxygen Monitor Market Analysis | 2022-2026
Report code - SRHL238 Delivery - 2 Weeks
Global Transcutaneous Oxygen Monitor Market Size, Share, Trend, Forecast, Competitive Anal See more...

Market Insights

The Global Transcutaneous Oxygen Monitor Market is estimated to grow from USD 101.3 million in 2020 to USD 140.5 million by 2026 at a healthy CAGR of 5.7% during the forecast period.

Transcutaneous-Oxygen-Monitor-Market-Forecast

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What is a Transcutaneous Oxygen Monitor?

A transcutaneous oxygen monitor is a medical device used to measure the levels of oxygen in the blood through the skin, without the need for a blood sample. It consists of a sensor placed on the skin, typically on a patient's fingertip or earlobe, which detects the amount of oxygen that diffuses through the skin's surface. This non-invasive method provides continuous monitoring of oxygen saturation, offering valuable information about the efficiency of oxygen delivery to peripheral tissues. Transcutaneous oxygen monitoring is commonly employed in clinical settings, especially in patients with respiratory or circulatory conditions, to assess oxygenation status and guide therapeutic interventions.

Market Dynamics

The global transcutaneous oxygen monitor market growth is primarily driven by the increasing use to monitor oxygen levels in infants as a sudden change in the oxygen level of the infants can cause various health issues such as retinopathy, hypoxia, and bronchopulmonary dysplasia.

  • It is being increasingly used to improve the diagnosis of individuals with peripheral angiopathy.

  • The increasing prevalence of chronic diseases among adults is likely to contribute significantly to market growth.

  • Furthermore, the growing emphasis on developing advanced healthcare solutions by the market players is likely to create lucrative opportunities for the market players.

Segments Analysis

End User Trends

The transcutaneous oxygen monitor market has been divided into hospitals, specialized clinics, diagnostic centers, and ambulatory surgical centers.

  • The hospital's segment accounted for the largest share and is expected to continue its dominance during the review period owing to increasing investment in healthcare infrastructure development and the availability of skilled staff to provide services such as blood gas monitoring, sleep diagnostics, and respiratory care.

Regional Trends

The market in North America accounted for the largest share owing to rising incidences of respiratory disorders coupled with an expanding geriatric populace and the presence of established healthcare expenditure.

  • The market in the Asia-Pacific region is projected to register a healthy growth rate on account of increasing spending on healthcare with the rising prevalence of chronic diseases.

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Key Players

The key players operating in the global transcutaneous oxygen monitor market are-

  • Medtronic plc (The U.S),
  • Shinse Electronics Group (The U.S),
  • HUMARES GmbH (Germany),
  • Radiometer Medical ApS (Denmark),
  • SenTec AG (Switzerland),
  • Perimed AB (Sweden),
  • Koninklijke Philips N.V. (Netherlands),
  • ELCAT GmbH (Germany),
  • Cephalon, Inc. (The U.S), and
  • Diabetik Foot Care India Private Limited (India).

COVID-19 Impact

The COVID-19 outbreak did not affect the growth of the transcutaneous oxygen monitor market positively as all the essential healthcare services were allowed despite a surge in COVID-19 cases. Transcutaneous oxygen monitors are crucial for infants to check oxygen levels routinely. Also, it plays an important role in diagnosing respiratory issues.

Critical Questions Answered in the Report-

  • What are the key trends in the global transcutaneous oxygen monitor market?
  • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
  • What is the impact of COVID-19 on the global transcutaneous oxygen monitor market?
  • What are the key strategies adopted by the major vendors to lead in the global transcutaneous oxygen monitor market?
  • What is the market share of the top vendors?

Target Audience

The following is a list of the customers that the Global Transcutaneous Oxygen Monitor market aims to convert the most:

  • Manufacturers
  • Suppliers
  • Distributors
  • Organizations
  • Government bodies

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Key questions this report answers

Relevant contents in the report

How big is the sales opportunity?

In-depth Analysis of the Transcutaneous Oxygen Monitor Market 

How lucrative is the future?

The market forecast and trend data and emerging trends

Which regions offer the best sales opportunities?

Global, regional, and country-level historical data and forecasts

Which are the most attractive market segments?

Market Segment Analysis and Forecast

Who are the top players and their market positioning?

Competitive landscape analysis, Market share analysis

How complex is the business environment?

Porter’s five forces analysis, PEST analysis, Life cycle analysis

What are the factors affecting the market?

Drivers & challenges

Will I get the information on my specific requirements?

10% free customization

Customization Option

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

  • Detailed profiling of additional market players (up to three players).
  • SWOT analysis of key players (up to three players).

Competitive Benchmarking

  • Benchmarking of key players on the following parameters: product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@Stratviewresearch.com.

Frequently Asked Questions (FAQs)

The transcutaneous oxygen monitor market is expected to witness an impressive growth of 5.7% CAGR in the foreseeable future.

Medtronic plc (The U.S), Shinse Electronics Group (The U.S), HUMARES GmbH (Germany), Radiometer Medical ApS (Denmark), SenTec AG (Switzerland), Perimed AB (Sweden), Koninklijke Philips N.V. (Netherlands), ELCAT GmbH (Germany), Cephalon, Inc. (The U.S) and Diabetik Foot Care India Private Limited (India) are among the key players in the transcutaneous oxygen monitor market.

The transcutaneous oxygen monitor market size is expected to reach USD 140.5 million by 2026.

North America accounted for the largest share of the transcutaneous oxygen monitor market during the forecast period.

The hospital segment is expected to remain dominant in the transcutaneous oxygen monitor market in the coming years.

Increasing use to monitor oxygen levels in infants, increasing prevalence of chronic diseases among adults, and growing emphasis on developing advanced healthcare solutions by the market players are the factors driving the growth of the transcutaneous oxygen monitor market.

Transcutaneous oxygen monitor distributors, Transcutaneous oxygen monitor suppliers, Transcutaneous oxygen monitor manufacturers, Logistics organizations, and Government Bodies are the target audience in the transcutaneous oxygen monitor market.