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Photoplethysmography Biosensors Market, By Product Type, By Application, By Distribution Channel, and By Region - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

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    Report

  • 167 Pages
  • September 2021
  • Region: Global
  • Coherent Market Insights Pvt Ltd.
  • ID: 5456008
Photoplethysmography (PPG) is an optical technique used for detecting volumetric changes in blood in peripheral circulation. It is a low-cost, non-invasive method used on the skin's surface for taking measurements.



PPG technology is used in a variety of commercially available medical devices to measure oxygen saturation, blood pressure, and cardiac output, as well as to assess autonomic function and detect peripheral vascular disease.

Wearable pulse rate monitors have been developed using PPG technology. These low-cost, small devices use high-intensity green light-emitting diodes (LEDs) and photo detectors to provide non-invasive pulse rate monitoring. Miniaturization, robustness, and user-friendliness are critical design requirements for these systems.

Market Dynamics


Market players are focused on new product launches and approvals, which could contribute to the growth of the global photoplethysmography (PPG) biosensors market over the forecast period. For instance, on September 28, 2020, Masimo, a global medical technology company, announced that the Rad-G Pulse Oximeter has received U.S. Food and Drugs Administration (FDA) clearance. This rugged handheld device provides clinically proven SET pulse oximetry, respiration rate, and other vital parameters for both spot-checking and continuous monitoring. Rad-G offers the ultimate handheld versatility, and can be used in a variety of settings including but not limited to physicians' offices, outpatient services, long-term care facilities, wellness clinics, first-response scenarios, and limited-resource environments.

Market players are focusing on product launches, which is expected to strengthen their position in the global photoplethysmography (PPG) biosensors market. For instance, on April 07, 2021, MFine, a Bengaluru-based health-tech startup, unveiled 'MFine Pulse,' an app-based SPO2 monitoring tool that can help people to keep track of their oxygen saturation levels using their smartphones. MFine has developed a proprietary algorithm that uses a smartphone camera to measure oxygen saturation. The smartphone camera is used to obtain a photoplethysmogram (PPG) signal from the user's fingertip. The PPG is an optically obtained plethysmogram that can be used to detect changes in blood volume in the tissue's microvascular bed. The LED illuminates the skin, while the smartphone camera detects changes in light absorption.

Market players are involved in expanding their global presence by adopting strategies such as acquisitions and partnerships, this is expected to drive the growth of the global photoplethysmography (PPG) biosensors market. For instance, on November 29, 2018, Huami Corporation, a biometric and activity data-driven company with significant expertise in smart wearable technology, partnered with Timex Group, a global leader in watchmaking. According to the agreement, the companies will investigate opportunities to develop new products and expand their global presence in the smart wearables market, combining Timex's longstanding expertise as watchmakers with Huami's cutting-edge artificial intelligence technology, app design, and manufacturing capabilities, to create a new generation of smart watches that deliver on performance, style, and functionality.

Key features of the study:

  • This report provides an in-depth analysis of global photoplethysmography (PPG) biosensors market, provides market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market.
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global photoplethysmography (PPG) biosensors market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include MedNet GmbH, Valencell Inc., Maxim Integrated, MediaTek Inc., Silicon Laboratories Inc., Murata Manufacturing Co. Ltd., LifeQ Inc., Texas Instruments Inc., Fitbit, Inc. and Apple Inc.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
  • The global photoplethysmography (PPG) biosensors market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global photoplethysmography (PPG) biosensors market.

Detailed Segmentation:


Global photoplethysmography (PPG) biosensors market, By Product Type:

  • Smart Watches
  • Pulse Oximeters
  • Smart Wrist Bands
  • Others

Global photoplethysmography (PPG) biosensors market, By Application:

  • Heart Rate Monitoring
  • Blood-oxygen Saturation
  • Blood Pressure
  • Others

Global photoplethysmography (PPG) biosensors market, By Distribution Channel:

  • Pharmacies
  • Electronic Stores
  • E-commerce
  • Others

Global photoplethysmography (PPG) biosensors market, By Region:

  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Europe
  • U.K.
  • Germany
  • Italy
  • Spain
  • France
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC
  • Israel
  • Rest of Middle East
  • Africa

By Country/Region:

  • South Africa
  • Central Africa
  • North Africa

Company Profiles

  • MedNet GmbH*
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Recent Developments/Updates
  • Strategies
  • Valencell Inc.
  • Maxim Integrated
  • MediaTek Inc.
  • Silicon Laboratories Inc.
  • Murata Manufacturing Co. Ltd.
  • LifeQ Inc.
  • Texas Instruments Inc.
  • Fitbit, Inc.
  • Apple Inc.
Frequently Asked Questions about the Photoplethysmography Biosensors Market

What is the estimated value of the Photoplethysmography Biosensors Market?

The Photoplethysmography Biosensors Market was estimated to be valued at $402.5 Million in 2021.

What is the growth rate of the Photoplethysmography Biosensors Market?

The growth rate of the Photoplethysmography Biosensors Market is 10.8%, with an estimated value of $823.4 Million by 2028.

What is the forecasted size of the Photoplethysmography Biosensors Market?

The Photoplethysmography Biosensors Market is estimated to be worth $823.4 Million by 2028.

Who are the key companies in the Photoplethysmography Biosensors Market?

Key companies in the Photoplethysmography Biosensors Market include MedNet GmbH, Valencell Inc., Maxim Integrated, MediaTek Inc., Silicon Laboratories Inc., Murata Manufacturing Co. Ltd., LifeQ Inc., Texas Instruments Inc. and Apple Inc..

Table of Contents

1. Research Objectives and Assumptions
  • Research Objectives
  • Assumptions
  • Abbreviations

2. Market Overview
  • Report Description
  • Market Definition and Scope
  • Executive Summary
  • Market Snippet, By Product Type
  • Market Snippet, By Application
  • Market Snippet, By Distribution Channel
  • Market Snippet, By Region
  • Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis
  • Market Dynamics
  • Drivers
  • Restraints
  • Market Opportunities
  • Impact Analysis
  • Porter’s Analysis
  • Industry Trends
  • Key Highlights
  • Epidemiology
  • Reimbursement Scenario
  • Regulatory Scenario
  • Product Launch and Approvals
  • Acquisition and Collaboration Scenario

4. COVID - 19 Impact Analysis
  • COVID-19 Epidemiology
  • Impact of COVID-19 on Demand and Supply of Photoplethysmography (PPG) Biosensors
  • Impact of COVID-19 on the overall Healthcare Sector

5. Global Photoplethysmography (PPG) Biosensors Market, By Product Type, 2017 - 2028 (US$ Million)
  • Introduction
  • Market Share Analysis, 2021 and 2028 (%)
  • Y-o-Y Growth Analysis, 2018 - 2028
  • Segment Trends
  • Smart Watches
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  • Pulse Oximeters
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  • Smart Wrist Bands
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  • Others
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)

6. Global Photoplethysmography (PPG) Biosensors Market, By Application, 2017 - 2028 (US$ Million)
  • Introduction
  • Market Share Analysis, 2021 and 2028 (%)
  • Y-o-Y Growth Analysis, 2018 - 2028
  • Segment Trends
  • Heart Rate Monitoring
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  • Blood-oxygen Saturation
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  • Blood Pressure
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  • Others
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)

7. Global Photoplethysmography (PPG) Biosensors Market, By Distribution Channel, 2017 - 2028 (US$ Million)
  • Introduction
  • Market Share Analysis, 2021 and 2028 (%)
  • Y-o-Y Growth Analysis, 2018 - 2028
  • Segment Trends
  • Pharmacies
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  • Electronic Stores
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  • E-commerce
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)
  • Others
  • Introduction
  • Market Size and Forecast, and Y-o-Y Growth, 2017 - 2028, (US$ Million)

8. Global Photoplethysmography (PPG) Biosensors Market, By Region, 2017 - 2028 (US$ Million)
  • Introduction
  • Market Share Analysis, By Region, 2021 and 2028 (%)
  • Y-o-Y Growth Analysis, For Regions, 2018 - 2028
  • Regional Trends
  • North America
  • Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Mn)
  • Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn)
  • Market Size and Forecast, By Distribution Channel, 2017 - 2028 (US$ Mn)
  • Market Size and Forecast, By Country, 2017 - 2028 (US$ Mn)
  • U.S.
  • Canada
  • Latin America
  • Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Mn)
  • Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn)
  • Market Size and Forecast, By Distribution Channel, 2017 - 2028 (US$ Mn)
  • Market Size and Forecast, By Country, 2017 - 2028 (US$ Mn)
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Europe
  • Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Mn)
  • Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn)
  • Market Size and Forecast, By Distribution Channel, 2017 - 2028 (US$ Mn)
  • Market Size and Forecast, By Country, 2017 - 2028 (US$ Mn)
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
  • Asia Pacific
  • Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Mn)
  • Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn)
  • Market Size and Forecast, By Distribution Channel, 2017 - 2028 (US$ Mn)
  • Market Size and Forecast, By Country, 2017 - 2028 (US$ Mn)
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Mn)
  • Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn)
  • Market Size and Forecast, By Distribution Channel, 2017 - 2028 (US$ Mn)
  • Market Size and Forecast, By Country, 2017 - 2028 (US$ Mn)
  • GCC
  • Israel
  • Rest of Middle East
  • Africa
  • Market Size and Forecast, By Product Type, 2017 - 2028 (US$ Mn)
  • Market Size and Forecast, By Application, 2017 - 2028 (US$ Mn)
  • Market Size and Forecast, By Distribution Channel, 2017 - 2028 (US$ Mn)
  • Market Size and Forecast, By Country/Region, 2017 - 2028 (US$ Mn)
  • South Africa
  • Central Africa
  • North Africa

9. Competitive Landscape
  • Company Profiles
  • MedNet GmbH
  • Company Overview
  • Product Portfolio
  • Financial Performance
  • Recent Developments/Updates
  • Strategies
  • Valencell Inc.
  • Maxim Integrated
  • MediaTek Inc.
  • Silicon Laboratories Inc.
  • Murata Manufacturing Co. Ltd.
  • LifeQ Inc.
  • Texas Instruments Inc.
  • Fitbit, Inc.
  • Apple Inc.

Key pointers provided are also applicable to other companies covered in the scope of the report.
  • Analyst Views

10. Section
  • Research Methodology
  • About us
  • Contact

Companies Mentioned

A selection of companies mentioned in this report includes:

  • MedNet GmbH
  • Valencell Inc.
  • Maxim Integrated
  • MediaTek Inc.
  • Silicon Laboratories Inc.
  • Murata Manufacturing Co. Ltd.
  • LifeQ Inc.
  • Texas Instruments Inc.
  • Fitbit Inc.
  • Apple Inc.