Middle East & Africa Pulse Oximeter Market Outlook, 2027

Pulse Oximeter is a small, lightweight & noninvasive device used to monitor the oxygen level in the body. Usually attached to fingertips, this device assesses the pulse rate & displays the oxygen percentage and the current pulse rate. The report titled, “Middle East & Africa Pulse Oximeter Market Outlook, 2027” categorizes the market to forecast the revenues and analyze the trends. Based on the report the market is segmented into, product type. This segment includes Fingertip, Handheld & Others. Secondly, on the basis of end-users which includes Homecare and Non-Homecare. This report also provide in depth analysis of countries & major companies.

The overall coronary obstructive pulmonary disease prevalence in the Middle East is 3.6%, wherein the UAE had an overall prevalence of 1.9% in 2020. Such diseases are being the major market drivers in the region, which accounted for a value of USD 0.20 Billion in 2021. The growth of the Middle East and Africa pulse oximeters market is attributed to key driving factors such as the rising prevalence of respiratory diseases, an outbreak of the COVID-19 pandemic, and the increasing incidence of congenital heart disease. The market is expected to grow with an anticipated CAGR of over 8%. However, inaccuracies in pulse oximeter readings are expected to obstruct market growth to a certain extent.

The regional market is primarily driven by the ongoing research on technological advancements and the increasing cases of asthma. The handheld oximeter accounted for over half of the market in 2021 and showing a declining trend ever since. Tobacco smoking which is a lifestyle choice is very popular in some countries of the region. This habit is a significant factor contributing to the growing prevalence of respiratory diseases in the region. along with this the climatic conditions in some countries like UAE where sandstorms are very common the increased exposure to dust is the other reason for the high incidence rates of pulmonary diseases. The rising occurrence of these respiratory diseases will lead to an increased demand for pulse oximeters during the forecast period. Also, over the forthcoming period, the healthcare reforms are estimated to influence the development of pulse oximeter market growth positively. As a result of this, the number of healthcare centers is likely to increase. Moreover, many firms have been setting up centers in the region for the treatment of chronic respiratory diseases. All these factors are likely to increase the potential applications of pulse oximeters.

Fingertip pulse oximeters are considered affordable and effective, as they can help track and store a patient’s oxygen level readings. The fingertip oximeter segment is to grow immensely in the region, with an anticipated CAGR of higher than 12%. With an increase in the aging population, the incidence of chronic pulmonary and cardiac conditions is expected to rise. This is anticipated to augment the need for monitoring devices, such as pulse oximeters, in-home settings. The home care segment witnessed an exceptional growth of over 20% CAGR in the period between 2016 and 2021. Spot-checking is an effective way for patients suffering from COPD and CHD. There has been a rise in the use of pulse oximeter devices at hospitals during the Covid-19 pandemic. The hospital & health care segment in the region is expected to grow to over a market of USD 0.2 Billion by the end of the forecasted period.

In the region, Saudi Arabia & UAE together contribute to an approx. of 30%. Saudi Arabia is a major importer of medical devices and also has an increase in medical tourism for better management of chronic diseases. As a result of this, the number of healthcare centers is likely to increase. Moreover, many firms have been setting up centers in the country for the treatment of chronic respiratory diseases. In the United Arab Emirates, every sixth person has asthma. These high incidences of asthma across the country are anticipated to offer lucrative growth opportunities for its pulse oximeter market in the coming years. South Africa remains a potential market due to the high prevalence of respiratory disorders. These factors are significantly contributing to the recent increase in non-communicable diseases, thereby propelling market growth in the country.

COVID-19 Impact

The pandemic majorly affected the pulse Oximeter market in a positive manner. This is due to the fact that the COVID-19 virus directly targeted the respiratory system of the victim which created a huge demand in the region for the product. On the other hand the supply chain and the production process was hampered by the lockdowns and social distancing criterion which affected the supply, and did not meet the demand.

Major Companies Included: CASMED (Edwards Lifesciences Corporation ), Covidien (Medtroni PLCc), Koninklijke Philips NV, Nihon Kohden corporation, ICU Medical Inc., Hillrom Services, Inc., Beckton Dickinson and Company, Microtek International Private Limited

Considered in the report

• Geography: Middle East & Africa
• Base year: 2021
• Historical year: 2016
• Forecasted year: 2027

Countries covered:

• UAE
• Saudi Arabia
• South Africa

Aspects covered in the report

• Market Size by Value for the period (2016-2027F)
• Market Share by Product type (Fingertip, Handheld & Others)
• Market Share by End User (Hospital and Health Care Facilities & Home Care)
• Market Share by Country
• Market Share by Company

Intended Audience

This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the medical device industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.