Factors such as increase in incidence of respiratory and cardiovascular diseases, rising adoption in homecare settings, growing use of patient monitoring devices in hospitals and launch of convenient fingertip and wrist oximeters are driving the market.

1. IQ4I Research & Consultancy Pvt. Ltd. Page 1
Cerebral & Pulse Oximeter Global Market
–Forecast to 2026
Cerebral and pulse oximeter global Market estimated to be worth $2,476.8
million by 2026
IQ4I Research & Consultancy published a new report on “Cerebral and Pulse
Oximeter Global Market – Forecast To 2026” This report analyzes and studies the overall
market, major Drivers & Opportunities, Restraints & Threats in North America, Europe, Asia-
Pacific and Rest of the World.
IQ4I’s Report Contains 107 market data tables and 119 figures spread through 375
pages and an exhaustive TOC on “Cerebral and Pulse Oximeter Global Market”,
[Products {Cerebral Oximeters [Monitor and Sensors (Single Emitter Dual Detector,
Dual Emitter Dual Detector, Four Emitter Dual Detector, Five Emitter Dual Detector
and Others)], Pulse Oximeters devices(Fingertip, Handheld, Tabletop and Others
Pulse oximeter) Pulse Oximeter Products [Monitors and Sensors (Reusable sensors
and Disposable sensors)}, Application (Surgeries and Monitors), End-Users
(Hospitals, Ambulatory Surgical Centers, Home healthcare and Others), Region (North
America, Europe, Asia-Pacific and Rest of the World)].
Cerebral and pulse oximeters are class of non-invasive medical devices used for monitoring
of blood oxygen saturation in critical care settings, operation rooms, general wards, home
care settings, ambulatory surgical centers and in recreational activities where continuous
monitoring of oxygen is required. Cerebral oximeter measures oxygen saturation in cerebral
blood during the surgeries, as administration of general anesthesia affects the breathing
pattern, while pulse oximeter measures arterial oxygen saturation of peripheral blood.
Traditionally these devices are used in hospitals, ambulatory surgical centers,
clinics/physician offices, and homecare settings, however, increasingly these devices are
finding usage by individual who are engaged in recreational activities such as
mountaineering and other high altitude adventure sports.
These devices use spectrophotometric methodology and measures oxygen saturation by
illuminating the skin and measuring changes in light absorption of oxygenated
(oxyhemoglobin) and deoxygenated blood (reduced hemoglobin) using two light
wavelengths between 660 nm (red) and 940 nm (infrared). Variation in oxygen level may
leads to several complications such as hypoxia and Polycythemia (increased red blood cell
volume). Polycythemia increases the risk of clotting and can hurt brain function. Hence, to
prevent brain damage, heart failure and death continuous monitoring of oxygen level in
blood is needed.
According to IQ4I estimation, the cerebral and pulse oximeter global market expected to
grow at a low single digit CAGR from 2019 to 2026 to reach $2,476.8 million by 2026.

2. IQ4I Research & Consultancy Pvt. Ltd. Page 2
Cerebral & Pulse Oximeter Global Market
–Forecast to 2026
Factors such as the increase in the prevalence of cardiac disorders and respiratory
disorders, increase in hospitalization and surgeries and an increase in the use of pulse
oximeters in home care settings and recreational activities are the factors driving the market
growth. The increasing new product approvals, technological advancements and market
expansion in emerging nations are expected to offer opportunities for growth of the market.
However, various factors such as, the inaccuracy of result associated with these devices,
skin integrity issues are limiting the growth of cerebral and pulse oximeter global market. The
threats for the cerebral and pulse oximeter market include lack of awareness of the disease
and stringent regulatory requirements for development and approval of new products.
Increasing incidence of respiratory disorders, misuse of opioids prescription by users,
increased use of wearable devices during travelling in plane, recreational activities such as
sports, exercise, rock climbing and hill climbing require continuous monitoring of oxygen
supply from heart to other parts of the body and increase in home adoption indicates the
major opportunities for players to develop new products. For instance, in February 2019,
Taiwan Biophotonic Corporation received FDA approval for oCare Pulse Oximeter, Model
Pro 100, which is the first wrist-worn device indicated for use in non-invasive measuring,
displaying, and storing functional oxygen saturation of arterial hemoglobin (% SpO2) and
pulse rate (PR).
The cerebral and pulse oximeter global market is mainly segmented into products,
applications, end-users and geography. Among products, pulse oximeter accounted for the
largest revenue in 2019 and is projected to grow at a low single digit CAGR from 2019 to
2026, due to increasing respiratory disorders that result in oxygen level variation, increasing
adoption in homecare setting, technological advancements, and launch of convenient
fingertip and wrist pulse oximeters. The cerebral oximeter is expected to grow at mid single
digit CAGR from 2019 to 2026, due to increase in cardiac, vascular and general surgeries
across the globe. In application market, Monitoring segment commanded the largest share in
2019, due to rising incidence of COPD, Asthma, pneumonia, increasing product launches
and growing use of patient monitoring devices. Surgeries segment is expected to grow at a
mid single digit CAGR from 2019 to 2026 due to the rise in number of surgeries and
innovative product development. In end-users, hospitals segment commanded the largest
revenue in 2019 and is projected to be the fastest-growing segment from 2019 to 2026 due
to increase in hospitalization and surgeries and increase in respiratory and cardiac disorders
requiring monitoring of oxygenation levels.

3. IQ4I Research & Consultancy Pvt. Ltd. Page 3
Cerebral & Pulse Oximeter Global Market
–Forecast to 2026
Based on geography, the cerebral and pulse oximeter market is divided into North America,
Europe, Asia-Pacific and the Rest of the world. The North America region commanded the
largest market revenue in 2019 and is expected to reach XX million by 2026. An increase in
cardiac and respiratory disorders, increasing usage in home and recreational activities in
developed countries, increasing incidence of deaths due to opioids overdose, high
investments in healthcare infrastructures and demand for quality services are propelling the
market growth. However, the Asia-pacific region is expected to grow at a mid single digit
CAGR from 2019 to 2026 due to an increase in hospitalization and surgeries, increasing
healthcare awareness, improved economic growth and increasing healthcare funding by the
governments.
The overall cerebral and pulse oximeter market is consolidated with major companies
commanding a combined share of XX% of the market. To maintain leadership in the market
the major companies have adopted different strategies, for instance, in May 2019, Masimo
and Shenzhen mindray Bio-medical Electronics Co., Ltd. entered into a purchase and
license agreement, under which mindray will offer Masimo SET measure through motion and
low perfusion pulse oximetry in its monitoring devices. Mindray devices equipped with SET
will now available in Europe, Middle East, Russia and Asia-Pacific (excluding China). In April
2019, Edwards Lifesciences Corporation Acquired CAS Medical Systems, Inc. (CASMED), a
medical technology company dedicated to non-invasive brain and tissue oxygenation
monitoring. As part of the acquisition, Edwards has acquired CASMED's FORE-SIGHT non-
invasive cerebral oxygenation technology. Edwards plans to pair the FORE-SIGHT
technology with the company's HemoSphere advanced hemodynamic monitoring platform,
which would create a unique offering of enhanced recovery tools and predictive analytics
capabilities for clinicians.
Among the companies in cerebral and pulse oximeter global market, Masimo Corporation is
recognized as the global market leader with the largest share of the overall market in 2019
and it also lead the finger tip and tabletop pulse oximeter market share respectively.
Similarly, Medtronic PLC is leader in cerebral and handheld pulse oximeter market.
Koninklijke Philips N.V. commanded the major share in other (wrist) pulse oximeter market.
The Technological advancements such as the development of pulse oximeter in the
prevention of respiratory arrest and death from opioid overdose, high-resolution pulse
oximetry and organic LED’s in pulse oximeter are the factors influencing the cerebral and
pulse oximeter market. For instance, In October 2019, The FDA granted Breakthrough

4. IQ4I Research & Consultancy Pvt. Ltd. Page 4
Cerebral & Pulse Oximeter Global Market
–Forecast to 2026
Device status to Med-botics, LLC’s Oxalert EPOTM (Enhanced Pulse Oximeter) device. The
wrist-worn device is designed to prevent respiratory arrest and death from opioids overdose.
According to IQ4I analysis the number of cerebral oximeter units sold is estimated to be XX
and installed base is estimated to be XX in 2019. The cerebral oximeter monitors has
penetrated XX% of the market globally and still there is scope to reach XX% of cerebral
oximeter market. It is estimated that, the number of cerebral oximeter sensor sold is XX
million units in 2019 and the average selling price (ASP) is $XX. It is estimated that XX
million handheld pulse oximeters monitors and XX million tabletop pulse oximeters are
required globally, however, the number of units sold of handheld pulse oximeters monitors
are estimated to be XX in 2019 and installed base is estimated to be XX million as of 2019,
the number of units sold of tabletop pulse oximeter monitors are estimated to be XX in 2019
and installed base is XX as of 2019. Likewise, global number of units sold and installed
base of fingertip, wrist, MRI pulse oximeters, reusable sensors and disposable sensors also
estimated. According to IQ4I analysis the average selling price of fingertip pulse oximeter is
$XX, wrist pulse oximeter is $XX, MRI pulse oximeter is $XX, reusable sensors is $XX and
disposable sensors is $XX, the number of units sold of fingertip pulse oximeters is estimated
to XX million in 2019 and installed base is XX million as of 2019. Similarly, wrist pulse
oximeter units sold is XX million and installed base is XX million, MRI pulse oximeter units
sold is XX and installed base is XX in 2019. Number of units sold of reusable sensors is XX
million and disposable sensors are XX million in 2019.
Major players in the cerebral and pulse oximeter market include Masimo Corporation
(Switzerland), Medtronic PLC. (Ireland), Koninklijke Philips N.V. (Netherlands), GE
healthcare (U.S.), Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China), Nihon
Kohden (Japan), Smiths Medical (U.S.), Nonin Medical Inc. (U.S.), Edwards Lifescience,
Corporation (U.S.), RossMax International Inc. (U.S.) and Heal Force Bio-Meditech Holdings
Limited (China).
The report analyzes cerebral and pulse oximeter market globally with detailed information
about various segments. It further discusses market dynamics, industry trends and
challenges of cerebral and pulse oximeter market.
Reasons for buying this report:
 Cerebral and Pulse Oximeter Global Market is expected to reach $2,476.8 million by
2026 growing at a CAGR of 3.8% from 2019 to 2026.

5. IQ4I Research & Consultancy Pvt. Ltd. Page 5
Cerebral & Pulse Oximeter Global Market
–Forecast to 2026
 Identification and analysis of the cerebral and pulse oximeter market segments by
products, application, end-users and geography.
 Analysis of the global market by identifying various sub-segments of cerebral and
pulse oximeter market.
 Revenue forecast of the cerebral and pulse oximeter market and strategic analysis of
each submarket with respect to individual growth trends.
 Revenue forecast of the cerebral and pulse oximeter market with respect to North
America (U.S.), (Rest of N.A.), Europe (Germany, Italy, France and Rest of Europe),
Asia-Pacific (Japan, China, India, Rest of APAC) and RoW (Brazil, Rest of Latin
America, Middle East & Others) regions.
 Identification of the major market trends and factors driving or inhibiting the growth of
the cerebral and pulse oximeter global and its various sub-markets.
 Analysis of the opportunities for stakeholders by identifying the high-growth
segments of the market.
 Penetration of cerebral oximeter by region.
 Number of units sold analysis of fingertip, handheld, tabletop and other pulse
oximeter by region and country wise.
 Installed base analysis of cerebral oximeter, fingertip, handheld, tabletop and other
pulse oximeter by region and country wise.
 Profiles of major players in the cerebral and pulse oximeter with details of their
product offerings, business strategies, SWOTs, market shares for individual products
and reimbursement, technological advancements, Neonatal/Pediatrics and adults,
Porter’s and supply chain analysis.

6. IQ4I Research & Consultancy Pvt. Ltd. Page 6
Cerebral & Pulse Oximeter Global Market
–Forecast to 2026
FIGURE 1
CEREBRAL AND PULSE OXIMETER GLOBAL MARKET SEGMENTATION
Cerebraland Pulse Oximeter Global Market
Product
Cerebraloximeter
Cerebraloximeter
monitor
Cerebraloximeter
sensors
Single emitter dual
detector
Dual emitter dual
detector
Four emitter dual
detector
Five emitter dual
detector
Others
Pulse oximeter
Pulse oximeter
products
Fingertip
Handheld
Table op
Others
Pulse oximeter
devices
Pulse oximeter
monitors
Pulse oximeter
sensors
Reusable
sensors
Disposable
sensors
Application
Surgeries
Monitoring
End-User
Hospitals
Operation theaters ICU
Adult ICU
Neonatal ICU
General ward
Other hospital care
settings
Ambulatory surgical
centers
Home Healthcare
Others