Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Intracardiac Oximeter Market: By Type, By Application, By End User, and Geography
Intracardiac oximeter market size was US$ 427.5 million in 2023 and is expected to reach US$ 747.0 million in 2030, growing at a CAGR of 8.3% during the forecast period. Intracardiac oximeters are specialized medical devices used for continuous monitoring of oxygen saturation within the heart chambers during cardiac procedures and in critical care settings. These devices offer real-time, accurate measurements of oxygen levels, which is crucial for patient management during cardiac surgeries and in intensive care units.
The market is primarily driven by the increasing prevalence of cardiovascular diseases, technological advancements in oximetry, and the growing demand for minimally invasive cardiac procedures. According to the World Health Organization, cardiovascular diseases are the leading cause of death globally, taking an estimated 17.9 million lives each year. The market also benefits from the rising geriatric population and increasing healthcare expenditure. However, the high cost of intracardiac oximeters and the need for skilled professionals to operate these devices may pose challenges to market growth.
On April 12th, 2022, Siemens Healthineers one of the market leader in the Intracardiac Echocardiography (ICE) has launched Next-Generation ACUSON AcuNav Volume 4D ICE Catheter in USA market.
Study Period
2024-2030Base Year
2023CAGR
8.3%Largest Market
North AmericaFastest Growing Market
Asia Pacific
The primary catalyst for the intracardiac oximeter market's growth is the increasing need for precise, continuous monitoring of oxygen levels during cardiac procedures and in critical care settings. The rise in complex cardiac surgeries and interventions has boosted the demand for these specialized monitoring devices. Technological advancements, such as the development of miniaturized sensors and wireless connectivity, have also contributed to market expansion. The market is further propelled by the growing adoption of minimally invasive cardiac procedures, which often require advanced monitoring techniques. Additionally, the increasing prevalence of cardiovascular diseases and the aging population serve as major drivers of the intracardiac oximeter market. The American Heart Association reports that about 48% of adults in the United States have some form of cardiovascular disease, highlighting the potential demand for advanced cardiac monitoring technologies.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 427.5 million |
Market Size in 2030 |
US$ 747.0 million |
Market CAGR |
8.3% |
By Type |
|
By Application |
|
By End User |
|
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The global intracardiac oximeter market size was US$ 427.5 million in 2023 and is expected to reach US$ 747.0 million in 2030, growing at a CAGR of 8.3% during the forecast period.
North America accounts for the highest rate of growth in the intracardiac oximeter market.
The leading players in the intracardiac oximeter market include Medtronic, Edwards Lifesciences, Abbott Laboratories, ICU Medical, Nonin Medical, Masimo Corporation, Nihon Kohden Corporation, Koninklijke Philips N.V., Dragerwerk AG & Co. KGaA, and GE Healthcare.
The intracardiac oximeter market is primarily driven by the increasing prevalence of cardiovascular diseases, technological advancements in oximetry, growing demand for minimally invasive cardiac procedures, and the rising geriatric population.
The high cost of intracardiac oximeters, the need for skilled professionals to operate these devices, and potential reimbursement issues in some regions may pose challenges to market growth.
1.Executive Summary |
2.Global Intracardiac Oximeter Market Introduction |
2.1.Global Intracardiac Oximeter Market - Taxonomy |
2.2.Global Intracardiac Oximeter Market - Definitions |
2.2.1. Type |
2.2.2.Application |
2.2.3.End User |
2.2.4.Region |
3.Global Intracardiac Oximeter Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4.Global Intracardiac Oximeter Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5.Global Intracardiac Oximeter Market By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Fiber Optic Oximeters |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Wireless Oximeters |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
6.Global Intracardiac Oximeter Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Cardiac Surgery |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Intensive Care Monitoring |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Emergency Care |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
7.Global Intracardiac Oximeter Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. Hospitals |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Cardiac Centers |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Ambulatory Surgical Centers |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
8.Global Intracardiac Oximeter Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia Pacific (APAC) |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Middle East and Africa (MEA) |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Latin America |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9.North America Intracardiac Oximeter Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Fiber Optic Oximeters |
9.1.2.Wireless Oximeters |
9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Cardiac Surgery |
9.2.2.Intensive Care Monitoring |
9.2.3.Emergency Care |
9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Hospitals |
9.3.2.Cardiac Centers |
9.3.3.Ambulatory Surgical Centers |
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.4.1.United States of America (USA) |
9.4.2.Canada |
10.Europe Intracardiac Oximeter Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Fiber Optic Oximeters |
10.1.2.Wireless Oximeters |
10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Cardiac Surgery |
10.2.2.Intensive Care Monitoring |
10.2.3.Emergency Care |
10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Hospitals |
10.3.2.Cardiac Centers |
10.3.3.Ambulatory Surgical Centers |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Germany |
10.4.2.France |
10.4.3.Italy |
10.4.4.United Kingdom (UK) |
10.4.5.Spain |
11.Asia Pacific (APAC) Intracardiac Oximeter Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Fiber Optic Oximeters |
11.1.2.Wireless Oximeters |
11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Cardiac Surgery |
11.2.2.Intensive Care Monitoring |
11.2.3.Emergency Care |
11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Hospitals |
11.3.2.Cardiac Centers |
11.3.3.Ambulatory Surgical Centers |
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.China |
11.4.2.India |
11.4.3.Australia and New Zealand (ANZ) |
11.4.4.Japan |
11.4.5.Rest of APAC |
12.Middle East and Africa (MEA) Intracardiac Oximeter Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Fiber Optic Oximeters |
12.1.2.Wireless Oximeters |
12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Cardiac Surgery |
12.2.2.Intensive Care Monitoring |
12.2.3.Emergency Care |
12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Hospitals |
12.3.2.Cardiac Centers |
12.3.3.Ambulatory Surgical Centers |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.GCC Countries |
12.4.2.South Africa |
12.4.3.Rest of MEA |
13.Latin America Intracardiac Oximeter Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Fiber Optic Oximeters |
13.1.2.Wireless Oximeters |
13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Cardiac Surgery |
13.2.2.Intensive Care Monitoring |
13.2.3.Emergency Care |
13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Hospitals |
13.3.2.Cardiac Centers |
13.3.3.Ambulatory Surgical Centers |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Brazil |
13.4.2.Mexico |
13.4.3.Rest of LA |
14. Competition Landscape |
14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
14.2.1.Medtronic |
14.2.2.Edwards Lifesciences |
14.2.3.Abbott Laboratories |
14.2.4.ICU Medical |
14.2.5.Nonin Medical |
14.2.6.Masimo Corporation |
14.2.7.Nihon Kohden Corporation |
14.2.8.Koninklijke Philips N.V. |
14.2.9.Dragerwerk AG & Co. KGaA |
14.2.10.GE Healthcare |
15. Research Methodology |
16. Appendix and Abbreviations |
Key Market Players