Global Hemoglobin Monitor Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Hemoglobin Monitor refers to medical devices utilized for measuring hemoglobin and hematocrit levels in the whole blood. Hemoglobin tests are done to know the RBC count, to analyze the severity of anaemia, and hematocrit among others. It is also used during blood donations and blood transfusions procedures. The rising awareness towards continues monitoring of blood and increasing per capita health care spending as well as recent product innovations from leading market players are accelerating the global market demand. For instance, according to Statista - in 2020, the global market for blood glucose monitoring systems was estimated at USD 15.67 billion, and this amount is further projected to increase to USD 22 billion by 2026. Furthermore, leading market are introducing innovative products to capitalize increasing demand for compact hemoglobin monitors. For instance, in January 2021, Bosch launched its new AI based Hemoglobin Monitor Solution (HMS). This new system is intended for regions where access to routine medical care is difficult and cumbersome process. Also, growing technological advancements in healthcare sector and rising healthcare sector in emerging economies are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, high cost associated with hemoglobin monitoring devices impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Hemoglobin Monitor Market study include: Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing technological advancements in healthcare industry and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing adoption of eHealth devices and increasing penetration of global market players in the region, would create lucrative growth prospects for the global Hemoglobin Monitor Market across the Asia Pacific region.
Major market players included in this report are:
- Masimo Corporation
- Bayer AG
- Siemens Healthineers
- Welch Allyn, Inc.
- Koninklijke Philips N.V
- Medtronic plc
- Nihon Kohden Corporation
- GE Healthcare
- Smith's Group
- Omron Healthcare.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
- Connectivity
- Wired
- Non-wired
- Convenience
- Invasive
- Non-invasive
By Modality:
- Handheld
- Bench Top
- Modular
By End User:
- Hospital
- Ambulatory Surgical Centre's
- Specialty Clinic
- Home care setting
- Healthcare Facilities
- Emergency Medical Services
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
Furthermore, years considered for the study are as follows:
- Historical year - 2018, 2019, 2020
- Base year - 2021
- Forecast period - 2022 to 2028
Target Audience of the Global Hemoglobin Monitor Market in Market Study:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers
- Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Global Hemoglobin Monitor Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Global Hemoglobin Monitor Market, by Product Type, 2020-2028 (USD Million)
- 1.2.3. Global Hemoglobin Monitor Market, by Modality, 2020-2028 (USD Million)
- 1.2.4. Global Hemoglobin Monitor Market, by End User, 2020-2028 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Hemoglobin Monitor Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Hemoglobin Monitor Market Dynamics
- 3.1. Hemoglobin Monitor Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising awareness towards continues monitoring of blood
- 3.1.1.2. Increasing per capita health care spending.
- 3.1.1.3. Recent product innovations from leading market players.
- 3.1.2. Market Challenges
- 3.1.2.1. High cost associated with hemoglobin monitoring devices.
- 3.1.3. Market Opportunities
- 3.1.3.1. Growing technological advancements in healthcare sector.
- 3.1.3.2. Rising healthcare sector in emerging economies.
Chapter 4. Global Hemoglobin Monitor Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Hemoglobin Monitor Market, by Product Type
- 6.1. Market Snapshot
- 6.2. Global Hemoglobin Monitor Market by Product Type, Performance - Potential Analysis
- 6.3. Global Hemoglobin Monitor Market Estimates & Forecasts by Product Type 2018-2028 (USD Million)
- 6.4. Hemoglobin Monitor Market, Sub Segment Analysis
- 6.4.1. Connectivity
- 6.4.2. Wired
- 6.4.3. Non-wired
- 6.4.4. Convenience
- 6.4.5. Invasive
- 6.4.6. Non-invasive
Chapter 7. Global Hemoglobin Monitor Market, by Modality
- 7.1. Market Snapshot
- 7.2. Global Hemoglobin Monitor Market by Modality, Performance - Potential Analysis
- 7.3. Global Hemoglobin Monitor Market Estimates & Forecasts by Modality 2018-2028 (USD Million)
- 7.4. Hemoglobin Monitor Market, Sub Segment Analysis
- 7.4.1. Handheld
- 7.4.2. Bench Top
- 7.4.3. Modular
Chapter 8. Global Hemoglobin Monitor Market, by End User
- 8.1. Market Snapshot
- 8.2. Global Hemoglobin Monitor Market by End User, Performance - Potential Analysis
- 8.3. Global Hemoglobin Monitor Market Estimates & Forecasts by End User 2018-2028 (USD Million)
- 8.4. Hemoglobin Monitor Market, Sub Segment Analysis
- 8.4.1. Hospital
- 8.4.2. Ambulatory Surgical Centre's
- 8.4.3. Specialty Clinic
- 8.4.4. Home care setting
- 8.4.5. Healthcare Facilities
- 8.4.6. Emergency Medical Services
Chapter 9. Global Hemoglobin Monitor Market, Regional Analysis
- 9.1. Hemoglobin Monitor Market, Regional Market Snapshot
- 9.2. North America Hemoglobin Monitor Market
- 9.2.1. U.S. Hemoglobin Monitor Market
- 9.2.1.1. Product Type estimates & forecasts, 2018-2028
- 9.2.1.2. Modality estimates & forecasts, 2018-2028
- 9.2.1.3. End User estimates & forecasts, 2018-2028
- 9.2.2. Canada Hemoglobin Monitor Market
- 9.3. Europe Hemoglobin Monitor Market Snapshot
- 9.3.1. U.K. Hemoglobin Monitor Market
- 9.3.2. Germany Hemoglobin Monitor Market
- 9.3.3. France Hemoglobin Monitor Market
- 9.3.4. Spain Hemoglobin Monitor Market
- 9.3.5. Italy Hemoglobin Monitor Market
- 9.3.6. Rest of Europe Hemoglobin Monitor Market
- 9.4. Asia-Pacific Hemoglobin Monitor Market Snapshot
- 9.4.1. China Hemoglobin Monitor Market
- 9.4.2. India Hemoglobin Monitor Market
- 9.4.3. Japan Hemoglobin Monitor Market
- 9.4.4. Australia Hemoglobin Monitor Market
- 9.4.5. South Korea Hemoglobin Monitor Market
- 9.4.6. Rest of Asia Pacific Hemoglobin Monitor Market
- 9.5. Latin America Hemoglobin Monitor Market Snapshot
- 9.5.1. Brazil Hemoglobin Monitor Market
- 9.5.2. Mexico Hemoglobin Monitor Market
- 9.6. Rest of The World Hemoglobin Monitor Market
Chapter 10. Competitive Intelligence
- 10.1. Top Market Strategies
- 10.2. Company Profiles
- 10.2.1. Masimo Corporation
- 10.2.1.1. Key Information
- 10.2.1.2. Overview
- 10.2.1.3. Financial (Subject to Data Availability)
- 10.2.1.4. Product Summary
- 10.2.1.5. Recent Developments
- 10.2.2. Bayer AG
- 10.2.3. Siemens Healthineers
- 10.2.4. Welch Allyn, Inc.
- 10.2.5. Koninklijke Philips N.V
- 10.2.6. Medtronic plc
- 10.2.7. Nihon Kohden Corporation
- 10.2.8. GE Healthcare
- 10.2.9. Smith's Group
- 10.2.10. Omron Healthcare.
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption