Transcutaneous Oximetry Systems Market, By End User (Hospitals, Clinics, Others), By Application (Peripheral Vascular Disorders, Diabetic Foot Ulcers, Preterm Births, Others), By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2023-2030
REPORT HIGHLIGHT
Transcutaneous Oximetry Systems Market size was valued at USD 290.6 Million in 2022, expanding at a CAGR of 6.6% from 2023 to 2030.
The only way to assess the local oxygen released from capillaries via the skin and represent the metabolic status of the lower leg is by using transcutaneous oximetry (tcpO2). It is very helpful for predicting wound healing and determining eligibility for hyperbaric oxygen therapy. Additionally, research has demonstrated that when combined with other clinical measures, the score is therapeutically useful for determining the likelihood that patients undergoing amputation would recover their wounds. Transcutaneous oximetry is also advised for CLTI patients as a way to gauge the degree of ischemia and stratify prognosis. It is particularly helpful for identifying PAD in patients with calcified arteries and severed toes.
Transcutaneous Oximetry Systems Market- Market Dynamics
- Growing utilization in peripheral vascular disorders and diabetic foot ulcers drives the market growth
The market is anticipated to develop as a result of the increased use of transcutaneous oximetry devices to diagnose peripheral vascular diseases. For instance, according to the study reported in the paper published in November 2022 in PubMed, transcutaneous oximetry (TcpO2) can be utilized to identify upper limb artery compression and/or symptoms during arm abduction in patients with suspected thoracic outlet syndrome (TOS). Transcutaneous oximetry technologies are also becoming more common to determine whether an amputation is necessary. The most common reason for foot amputation is a diabetic foot ulcer. According to a National Center for Biotechnology Information article from August 2022, diabetic foot ulcers are one of the most common complications of people with diabetes mellitus and can be caused by poor glycemic control, underlying neuropathy, peripheral vascular disease, or inadequate foot care. Neuropathy affects around 60% of diabetics and finally results in a foot ulcer. Between 9.1 and 26.1 million diabetic foot ulcers occur each year worldwide. A diabetic foot ulcer is likely to appear in 15 to 25% of people with diabetes mellitus during the span of their lives. Thereby, driving the market growth over the forecast period.
Transcutaneous Oximetry Systems Market- Key Insights
- As per the analysis shared by our research analyst, the global Transcutaneous Oximetry Systems market is estimated to grow annually at a CAGR of around 6.6% over the forecast period (2023-2030)
- The Transcutaneous Oximetry Systems industry is projected to grow at a significant rate owing to the growing demand for primary energy across the globe
- Based on the technology, the caliper pigs’ segment is expected to dominate the market over the forecast period
- Based on the application, the metal loss/corrosion detection segment is expected to capture the largest revenue share over the projected period
- Based on region, North America is expected to dominate the market over the forecast period
Transcutaneous Oximetry Systems Market- Segmentation Analysis:
The Global Transcutaneous Oximetry Systems Market is segmented based on End User, Application, and Region.
Based on application, the global Transcutaneous Oximetry Systems market is segmented into Peripheral Vascular Disorders, Diabetic Foot Ulcers, Preterm Births and Others. Preterm births are expected to grow at the fastest CAGR over the forecast period. The growth in the segment is owing to the rise in preterm deliveries worldwide, which puts vulnerable premature infants in the NICU in danger of abrupt fluctuations in oxygenation and carbon dioxide levels, which can result in serious consequences. Neonatal transcutaneous monitoring offers a real-time snapshot of the patient\'s often variable breathing (tcpCO2) and oxygenation (tcpO2) state. For instance, according to the WHO\'s November 2022 report, an estimated 15 million infants are delivered prematurely each year (before 37 full weeks of gestation). Thus, the aforementioned facts drive segment expansion.
Transcutaneous Oximetry Systems Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. North America is expected to dominate the market over the forecast period due to variables including a rise in preterm deliveries, a frequency of peripheral vascular illnesses, problems with wound healing, and a boom in research and development in the area. In 2021, for example, the prevalence of preterm birth among African American women (14.8%) was almost 50% greater than the rate of preterm birth among white or Hispanic women (9.5% and 10.2%, respectively), according to the CDC\'s November 2022 release. One in ten babies born in the US in 2021 suffered from preterm birth. Therefore, drive the market growth in the region.
Transcutaneous Oximetry Systems Market- Competitive Landscape:
The market for transcutaneous oximetry systems is highly competitive. Market leaders have built their positions in the market due to greater distribution networks and more research funding. The top producers of transcutaneous oximetry devices include, among others, Perimed, SenTec AG, Radiometer, and Cephalon.
Recent Developments:
- In February 2022, the TCM5 Flex Transcutaneous Monitor has been added to Compumedics\' extensive lineup of sleep diagnostic products in partnership with Radiometer Pacific. In Australia and New Zealand, Compumedics became TCM 5 Flex\'s authorized distributor.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL TRANSCUTANEOUS OXIMETRY SYSTEMS MARKET KEY PLAYERS
- Cephalon
- Perimed AB
- SenTec AG
- medicap
- Advin Health Care
- Radiometer
- DiabetikFoot Care
- Masimo
- Medtronic
GLOBAL TRANSCUTANEOUS OXIMETRY SYSTEMS MARKET, BY END USER
- Hospitals
- Clinics
- Others
GLOBAL TRANSCUTANEOUS OXIMETRY SYSTEMS MARKET, BY APPLICATION
- Peripheral Vascular Disorders
- Diabetic Foot Ulcers
- Preterm Births
- Others
GLOBAL TRANSCUTANEOUS OXIMETRY SYSTEMS MARKET, BY REGION
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA
TABLE OF CONTENT
1. Transcutaneous Oximetry Systems Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Transcutaneous Oximetry Systems Market Snippet by End User
2.1.2. Transcutaneous Oximetry Systems Market Snippet by Application
2.1.3. Transcutaneous Oximetry Systems Market Snippet by Country
2.1.4. Transcutaneous Oximetry Systems Market Snippet by Region
2.2. Competitive Insights
3. Transcutaneous Oximetry Systems Key Market Trends
3.1. Transcutaneous Oximetry Systems Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Transcutaneous Oximetry Systems Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Transcutaneous Oximetry Systems Market Opportunities
3.4. Transcutaneous Oximetry Systems Market Future Trends
4. Transcutaneous Oximetry Systems Industry Study
4.1. PEST Analysis
4.2. Porter’s Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Transcutaneous Oximetry Systems Market: COVID-19 Impact Analysis
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. Transcutaneous Oximetry Systems Market Landscape
6.1. Transcutaneous Oximetry Systems Market Share Analysis, 2022
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players’ Analysis
6.2.2. Emerging Players’ Analysis
7. Transcutaneous Oximetry Systems Market – By End User
7.1. Overview
7.1.1. Segment Share Analysis, By End User, 2022 & 2030 (%)
7.1.2. Magnetic Flux Leakage Pigs
7.1.3. Caliper Pigs
7.1.4. Ultrasonic Pigs
8. Transcutaneous Oximetry Systems Market – By Application
8.1. Overview
8.1.1. Segment Share Analysis, By Application, 2022 & 2030 (%)
8.1.2. Crack & Leakage Detection
8.1.3. Metal Loss/Corrosion Detection
8.1.4. Geometry Measurement & Bend Detection
8.1.5. Others
9. Transcutaneous Oximetry Systems Market– By Geography
9.1. Introduction
9.1.1. Segment Share Analysis, By Geography, 2022 & 2030 (%)
9.2. North America
9.2.1. Overview
9.2.2. Transcutaneous Oximetry Systems Key Manufacturers in North America
9.2.3. North America Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
9.2.4. North America Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.2.5. North America Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.2.6. U.S.
9.2.6.1. Overview
9.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.2.6.3. U.S. Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.2.6.4. U.S. Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.2.7. Canada
9.2.7.1. Overview
9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.2.7.3. Canada Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.2.7.4. Canada Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3. Europe
9.3.1. Overview
9.3.2. Transcutaneous Oximetry Systems Key Manufacturers in Europe
9.3.3. Europe Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
9.3.4. Europe Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3.5. Europe Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3.6. Germany
9.3.6.1. Overview
9.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.6.3. Germany Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3.6.4. Germany Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3.7. Italy
9.3.7.1. Overview
9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.7.3. Italy Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3.7.4. Italy Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3.8. United Kingdom
9.3.8.1. Overview
9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.8.3. United Kingdom Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3.8.4. United Kingdom Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3.9. France
9.3.9.1. Overview
9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.9.3. France Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3.9.4. France Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3.10. Russia
9.3.10.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.10.2. Russia Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3.10.3. Russia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3.11. Netherlands
9.3.11.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.11.2. Netherlands Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3.11.3. Netherlands Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3.12. Sweden
9.3.12.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.12.2. Sweden Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3.12.3. Sweden Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3.13. Poland
9.3.13.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.13.2. Poland Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3.13.3. Poland Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.3.14. Rest of Europe
9.3.14.1. Overview
9.3.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.3.14.3. Rest of the Europe Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.3.14.4. Rest of the Europe Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4. Asia Pacific (APAC)
9.4.1. Overview
9.4.2. Transcutaneous Oximetry Systems Key Manufacturers in Asia Pacific
9.4.3. Asia Pacific Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
9.4.4. Asia Pacific Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4.5. Asia Pacific Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4.6. India
9.4.6.1. Overview
9.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.6.3. India Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4.6.4. India Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4.7. China
9.4.7.1. Overview
9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.7.3. China Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4.7.4. China Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4.8. Japan
9.4.8.1. Overview
9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.8.3. Japan Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4.8.4. Japan Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4.9. South Korea
9.4.9.1. Overview
9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.9.3. South Korea Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4.9.4. South Korea Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4.10. Australia
9.4.10.1. Overview
9.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.10.3. Australia Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4.10.4. Australia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4.11. Thailand
9.4.11.1. Overview
9.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.11.3. Thailand Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4.11.4. Thailand Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4.12. Indonesia
9.4.12.1. Overview
9.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.12.3. Indonesia Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4.12.4. Indonesia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4.13. Philippines
9.4.13.1. Overview
9.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.13.3. Philippines Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4.13.4. Philippines Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.4.14. Rest of APAC
9.4.14.1. Overview
9.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.4.14.3. Rest of APAC Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.4.14.4. Rest of APAC Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.5. Latin America
9.5.1. Overview
9.5.2. Transcutaneous Oximetry Systems Key Manufacturers in Latin America
9.5.3. Latin America Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
9.5.4. Latin America Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.5.5. Latin America Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.5.6. Brazil
9.5.6.1. Overview
9.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.5.6.3. Brazil Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.5.6.4. Brazil Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.5.7. Mexico
9.5.7.1. Overview
9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.5.7.3. Mexico Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.5.7.4. Mexico Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.5.8. Argentina
9.5.8.1. Overview
9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.5.8.3. Argentina Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.5.8.4. Argentina Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.5.9. Colombia
9.5.9.1. Overview
9.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.5.9.3. Colombia Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.5.9.4. Colombia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.5.10. Rest of LATAM
9.5.10.1. Overview
9.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.5.10.3. Rest of LATAM Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.5.10.4. Rest of LATAM Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.6. Middle East and Africa
9.6.1. Overview
9.6.2. Transcutaneous Oximetry Systems Key Manufacturers in Middle East and Africa
9.6.3. Middle East and Africa Market Size and Forecast, By Country, 2018 - 2030 (US$ Million)
9.6.4. Middle East and Africa Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.6.5. Middle East and Africa Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.6.6. Saudi Arabia
9.6.6.1. Overview
9.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.6.3. Saudi Arabia Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.6.6.4. Saudi Arabia Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.6.7. United Arab Emirates
9.6.7.1. Overview
9.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.7.3. United Arab Emirates Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.6.7.4. United Arab Emirates Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.6.8. Israel
9.6.8.1. Overview
9.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.8.3. Israel Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.6.8.4. Israel Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.6.9. Turkey
9.6.9.1. Overview
9.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.9.3. Turkey Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.6.9.4. Turkey Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.6.10. Algeria
9.6.10.1. Overview
9.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.10.3. Algeria Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.6.10.4. Algeria Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.6.11. Egypt
9.6.11.1. Overview
9.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.11.3. Egypt Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.6.11.4. Egypt Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
9.6.12. Rest of MEA
9.6.12.1. Overview
9.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2018 - 2030, (US$ Million)
9.6.12.3. Rest of MEA Market Size and Forecast, By End User, 2018 - 2030 (US$ Million)
9.6.12.4. Rest of MEA Market Size and Forecast, By Application, 2018 - 2030 (US$ Million)
10. Key Vendor Analysis- Transcutaneous Oximetry Systems Industry
10.1. Competitive Dashboard
10.2. Company Profiles
10.2.1. Cephalon
10.2.2. Perimed AB
10.2.3. SenTec AG
10.2.4. medicap
10.2.5. Advin Health Care
10.2.6. Radiometer
10.2.7. DiabetikFoot Care
10.2.8. Masimo
10.2.9. Medtronic
11. 360 Degree Analyst View
12. Appendix
12.1. Research Methodology
12.2. References
12.3. Abbreviations
12.4. Disclaimer
12.5. Contact Us
