Global Pulse Oximeter Market Size, Share, Opportunities, And Trends By Type (Fingertip Pulse Oximeter, Handheld Oximeter, Fetal Pulse Oximeter, Tabletop Pulse Oximeter, Wristband Pulse Oximeter, Pediatric Pulse Oximeter), By End-User (Hospital & Clinics, Ambulatory Surgery Center, Home Care), And By Geography - Forecasts From 2025 To 2030

Pulse Oximeter Market Size:

The pulse oximeter market is projected to grow at a CAGR of 6.64% during the forecast period to be valued at US$3.231 billion in 2030 from US$2.343 billion in 2025.

Pulse oximeters work on the principle of pulse oximetry, which is used to determine the fraction of oxygen-saturated haemoglobin relative to the total haemoglobin. Pulse oximeters are widely used in the healthcare industry for monitoring the blood oxygen levels of patients in emergencies, operations, and intensive care units, thereby boosting market growth. Also, factors such as declining costs and improving result precision will further fuel market growth. The North American region is expected to witness high growth due to the presence of a strong healthcare industry, coupled with a favourable innovation environment and huge research and development expenditure.

The market is significantly impacted by the rise in awareness about pulse oximeters among customers, and with the ongoing technological advancements in the sector, the demand is expected to grow further in the coming years. The availability of new products and high unmet needs in developing and least-developed economies are expected to boost market growth over the forecast period. Around 43 states in the U.S. have made pulse oximetry mandatory for newborn screening and it is gaining popularity in other countries due to applications in the detection of Congenital Heart Defects (CHD) and other heart and respiratory conditions.

The growing prevalence of diseases such as asthma, hyperlipidemia, hypertension, diabetes, ischemic conditions, cardiac arrhythmia, sleep apnea, and COPD is expected to be a major market driver over the forecast period. According to a 2019 report by The Lancet, around 390 million patients were affected by COPD worldwide, with approximately 90% of deaths due to COPD occurring in low- and middle-income countries (per WHO).

Furthermore, a rise in health and fitness awareness, coupled with the advent of new technologies such as the Internet of Things (IoT), big data, and analytics in medical devices, is the key factors that is accelerating the market growth. Furthermore, stressful and hectic lifestyles have resulted in the rise of several health disorders that will fuel the market's expansion. The industry is also expected to witness strong growth mainly due to the rising incidence of chronic diseases, increasing adoption of pulse oximeters, other monitoring, and implantable devices; rising expenditure on healthcare across the world; and a growing elderly population.

All patients with acute respiratory problems are typically monitored with pulse oximetry systems in hospitals or ambulatory surgical centers. The advancement in technology has resulted in the possibility of home monitoring for patients with underlying health conditions. The market for wearable and handheld pulse oximeters in home settings has been growing but is expected to be fuelled by COVID-19-influenced information about self-health awareness. A substantial shift from hospitals to home care is expected to fuel the market during the forecast period.

Moreover, the increasing demand have given market players the opportunity to invest in the product advancements and come improved solutions.

The global pulse oximeter market report deep-dives into the global industry landscape and provides a strategic and executive level-level insights complemented by data-driven analysis and forecasts. The report is updated regularly to help the decision-makers with actionable intelligence into the current market trends, emerging opportunities and competitive intelligence. The report also explores the demand for different types of pulse oximeter such as fingertip, handheld, fetal, tabletop, wristband, and pediatric pulse oximeter. and showcases their demand across geographies. The latest technological advancements in the pulse oximeter market in addition to key government policies and regulations and macroeconomic factors are also analysed to present a holistic view of the market.

Pulse Oximeter Market Segmentation:

The Pulse Oximeter Market is analysed By Type into the following:

• Fingertip Pulse Oximeter
• Handheld Oximeter
• Fetal Pulse Oximeter
• Tabletop Pulse Oximeter
• Wristband Pulse Oximeter
• Pediatric Pulse Oximeter

Pulse Oximeter Market Segmentation By End-User:

Hospital & Clinics is one of the largest market segments. The growing health expenditure is playing a vital role in the expansion of the market. The report analysed the Pulse Oximeter Market   into different segments as below:

• Hospital & Clinics
• Ambulatory Surgery Center
• Home Care

Pulse Oximeter Market Segmentation By Regions:

The study also analysed the Pulse Oximeter Market into the following regions, with country level forecasts and analysis as below:

• North America (US, Canada and Mexico)
• South America (Brazil, Argentina, and Rest of South America)
• Europe (Germany, UK, France, Spain and Rest of Europe)
• Middle East and Africa (Saudi Arabia, UAE and Rest of Middle East and Africa)
• Asia Pacific (China, Japan, India, South Korea, Thailand, Indonesia, and Others)

Pulse Oximeter Market Competitive Landscape:

The global pulse oximeter market is marked by the presence of key players such as Contec Medical Systems Co., Ltd., GE HealthCare Technologies Inc., Halma plc, Koninklijke Philips N.V., Masimo Corporation, Medtronic plc, Nihon Kohden Corporation, Nonin Medical, Inc., Omron Corporation, and Smiths Group plc. among others.

Pulse Oximeter Market Report Coverage:

This report provides extensive coverage as explained in the points below:

• Pulse Oximeter Market size, forecasts and trends by different types. The section provides historical revenue data with analysis focusing on key factors driving the different segments, key developments, and. The current challenges faced by key market players and what are the major growth areas.
• Pulse Oximeter Market size, forecasts and trends by end-user. The section provides historical revenue data with analysis focusing on hospital & clinics, ambulatory surgery centre, and home care segments given. The sections also provide key information regarding recent developments related to the market.
• Pulse Oximeter Market is also analysed across different regions, with historical data, regional share, attractiveness and opportunity of these solutions in different countries. The growth prospects and key players operating in these markets. The section also dwells on the macro factors, economic scenario and other complementing factors aiding in market growth.
• Market dynamics: The section details the market growth factors, restraints, and opportunities in the market. The segment also presents complete market scenario with the help of Porter’s five forces model.
• Competitive Intelligence: A thorough investigation on the competitive structure of the market presented through proprietary vendor matrix model, market share analysis of key players, insights on strategies of key players and recent major developments undertaken by the companies to gain competitive edge.
• Research methodology: The assumptions and sources which were considered to arrive at the final market estimates. Additionally, how our model is refined to ensure most significant factors are taken into consideration with the proper hypothesis and bottom-up and top-down approaches enhance the reliability of forecasts further strengthening the trustworthiness of the numbers being presented.

How this report is helpful to you and reasons for purchase?

• The report provides a strategic outlook of the Pulse Oximeter Market   to the decision-makers, analysts and other stakeholders in the easy to read format for taking informed decisions.
• The charts, tables and figures make it easy for the executives to gain valuable insights while skimming the report.
• Analyst support through calls and email for timely clarification and incorporating additional requests.
• Option of presentation or doc format with the estimates file to take care of diverse requirements.
• 15% FREE customization with all our reports help cater additional requirements with significant cost-savings.
• Option of purchasing specific segments of the study, including opting for summary reports or just the estimates file. 

Pulse Oximeter Market Scope:

Report Metric	Details
Pulse Oximeter Market Size in 2025	US$2.343 billion
Pulse Oximeter Market Size in 2030	US$3.231 billion
Growth Rate	CAGR of 6.64%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Billion
Segmentation	Type End-User Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Pulse Oximeter Market	Contec Medical Systems Co., Ltd. GE HealthCare Technologies Inc. Halma plc Koninklijke Philips N.V. Masimo Corporation
Customization Scope	Free report customization with purchase

 

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1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. PULSE OXIMETER MARKET BY TYPE

5.1. Introduction

5.2. Fingertip Pulse Oximeter

5.3. Handheld Oximeter

5.4. Fetal Pulse Oximeter

5.5. Tabletop Pulse Oximeter

5.6. Wristband Pulse Oximeter

5.7. Pediatric Pulse Oximeter

6. PULSE OXIMETER MARKET BY END-USER

6.1. Introduction

6.2. Hospital & Clinics

6.3. Ambulatory Surgery Center

6.4. Home Care

7. PULSE OXIMETER MARKET BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. USA

7.2.2. Canada

7.2.3. Mexico

7.3. South America

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe

7.4.1. United Kingdom

7.4.2. Germany

7.4.3. France

7.4.4. Italy

7.4.5. Spain

7.4.6. Others

7.5. Middle East and Africa

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Others

7.6. Asia Pacific

7.6.1. China

7.6.2. Japan

7.6.3. India

7.6.4. South Korea

7.6.5. Taiwan

7.6.6. Thailand

7.6.7. Indosneisa

7.6.8. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Contec Medical Systems Co., Ltd.

9.2. GE HealthCare Technologies Inc.

9.3. Halma plc

9.4. Koninklijke Philips N.V.

9.5. Masimo Corporation

9.6. Medtronic plc

9.7. Nihon Kohden Corporation

9.8. Nonin Medical, Inc.

9.9. Omron Corporation

9.10. Smiths Group plc.

10. APPENDIX

10.1. Currency 

10.2. Assumptions

10.3. Base and Forecast Years Timeline

10.4. Key benefits for the stakeholders

10.5. Research Methodology 

10.6. Abbreviations 

Contec Medical Systems Co., Ltd.

GE HealthCare Technologies Inc.

Halma plc

Koninklijke Philips N.V.

Masimo Corporation

Medtronic plc

Nihon Kohden Corporation

Nonin Medical, Inc.

Omron Corporation

Smiths Group plc