Transcutaneous Oxygen Monitor Market In-depth Analysis Report, Covering Companies Like Radiometer, Medicap, Humares, Sentec, Shinse Electronics Group, Philips
Transcutaneous Oxygen Monitor consists of a combined platinum and silver electrode covered by an oxygen-permeable hydrophobic membrane, with a reservoir of phosphate buffer and potassium chloride trapped inside the electrode. A small heating element is located inside the silver anode. The oxygen monitor consists of a TcPO2 channel, for which high and low alarm limits can be set, a temperature display channel and a heat channel.
Market Snapshot
This report categorizes the market with various types, applications, companies, and regions. It focuses on the present scenario and the future growth of the global Transcutaneous Oxygen Monitor market, especially in regions like North America, Asia-Pacific, Europe, South America, Middle East and Africa.
According to the report, the global transcutaneous oxygen monitor market is valued at approximately USD 166 million in 2019 and is expected to generate revenue of around USD 234 million by 2026, growing at a CAGR of roughly 4.97% from 2019 and 2026.
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Competitive Landscape
Radiometer
Medicap
Humares
Sentec
Shinse Electronics Group
Philips
Medtronic
Growth Driver
The growing demand for transcutaneous monitoring systems, especially in neonatal care and adults & pediatric care are projected to propel the growth of the transcutaneous oxygen monitor market. Also, technological advancements in transcutaneous oxygen monitor are likely to fuel the growth of the market. However, a lack of skilled technicians is anticipated to restrain the growth of the transcutaneous oxygen monitor market.
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Regional Overview
On the basis of geography, global transcutaneous monitors market is segmented into five key regions viz. North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is the largest market with a proportion of 35.82%, followed by Europe and Asia-Pacific, accounting for 27.64% and 25.18% respectively.
In 2018, North America registered the largest shares in the global transcutaneous monitors market owing to the rising incidence of diabetic patients and chronic diseases, improved healthcare facilities due to increased spending in healthcare. Moreover, Asia-Pacific is anticipated to register the fastest growth in transcutaneous monitors market during the forecast period due to the increasing footprint of local manufacturers of transcutaneous monitors.
Type Overview
The type of the Transcutaneous Oxygen Monitor market can be divided into Baby Monitor, Wound-healing Monitor, and Others.
Application Overview
Based on application, this market is divided into Clinics, Hospitals, and Other.
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Target Audience:
• Transcutaneous oxygen monitor manufacturers
• Healthcare organizations
• Research & Clinical Laboratories
• Distributors and resellers of transcutaneous oxygen monitor
• Transcutaneous oxygen monitor industry associations
• Product managers, transcutaneous oxygen monitor industry administrator, C-level executives of the industries
• Market Research and consulting firms
• Base Year: 2018
• Estimated Year: 2019
• Forecast Period: 2019 to 2026
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