Pulse Oximeter Market, By Type (Reusable Probes, Disposable Sensors), By Product Type (Handheld Pulse Oximeter, Fingertip Pulse Oximeter), By Age Group (Pediatric, Adult), By Technology (Conventional, Connected Devices), By End-Users (Hospitals, Homecare, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032

Report Code: PMI515723 | Publish Date: November 2023 | No. of Pages: 170

Pulse Oximeters Market Overview

[PDF] Pulse Oximeter is a device placed on a fingertip which uses light beam for estimating oxygen saturation of blood. Further, pulse oximetry test is used for measuring the oxygen level of blood at kind of situations such as during or after surgery, to see lung medicines are working well or not, to see if ventilator is required or not for breathing, to check if person has sleep apnea. Growing burden of respiratory diseases across globe has boost the Pulse Oximeter market growth.

Pulse Oximeter Market Size:

Attributes

Details

Pulse Oximeter Market Value (2022)

US$ 2.4Bn

Pulse Oximeter Market Projected Value (2032)

US$ 4.4Bn

Pulse Oximeter Market CAGR (2022 – 2032)

10.8%

Pulse Oximeters Market Dynamics

Growing Prevalence of Respiratory Diseases to fuel market growth

Growing prevalence of respiratory diseases such as asthma, COPD, lung cancer, pneumonia has become a leading factor in market growth. Adoption of unhealthy lifestyle, cigarette smoking and exposure to irritating gases has become major reason for rise in COPD (Chronic Obstructive Pulmonary Disease) diseases which in turn foster the demand for Pulse Oximeter market growth. Further, use of pulse oximeter in management of COPD and other respiratory conditions has powered the demand for market growth.

For instance, according to CDC (Centers for Disease Control and Prevention) chronic lower respiratory diseases mortality rate including asthma in United States were, deaths per 100,000 population: 42.9, cause of death rank was 6 and number of deaths were 142,342. Further, number of an individual visit to emergency department with Chronic Obstructive Pulmonary Disease as primary diagnosis were 1.2 million in United States.

Restrains:

However, regulations and concerns for over the counter pulse oximeter bought without prescription from medical authorities has restrained market growth. Further, incorrect readings or skin irritation caused by adhesive on probe has hampered the demand for Pulse Oximeter Market growth.

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Pulse Oximeters Market Segmentation

Pulse Oximeter Market is segmented based on Type, Product Type, Age Group, Technology and Region.

Type Insight

On the basis of Type, Pulse Oximeter Market is segmented into Reusable Probes, Disposable Sensors. Disposable Sensors type segment is expected to dominate the target market growth. The light-weight nature and ability of non-invasive monitoring for higher patient satisfaction has boost the segment growth.

Product Type Insight

On the basis of Product Type, Pulse Oximeter Market is segmented into Handheld Pulse Oximeter, Fingertip Pulse Oximeter. Handheld Pulse Oximeter product type segment is expected to dominate the target market growth due to easier use during emergencies.

Age Group Insights

On the basis of Age Group, Pulse Oximeter Market is segmented into Pediatric, Adult. The Adult age group segment is expected to dominate the target market growth. Growing prevalence of chronic respiratory diseases such as asthma in adult patients across globe has boost the segment growth.

Technology Insights

On the basis of Technology, Pulse Oximeter Market is segmented into Conventional, Connected Devices. Conventional technology segment is expected to dominate the target market growth owing to continuous patient monitoring in clinics and hospitals. The growing demand for wired measured devices with other medical devices in critical care has boost the segment growth.

End-Users Insights

On the basis of End-Users, Pulse Oximeter Market is segmented into Hospitals, Homecare, and Others. Hospitals end-user segment is expected to dominate the target market growth due to growing burden of disease and patient admissions. Further, number of facilities provided by hospital under one roof with advanced equipment has boost the segment growth.

Pulse Oximeter Market Regional Insights:

On region the Pulse Oximeter Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America market is estimated to witness a significantly high revenue share over the forecast period due to rising prevalence of COPD, continuous technological development and adoption of oximeter in home healthcare facilities.

Asia Pacific market is estimated to witness a fastest revenue share over the forecast period due to growing population, increased prevalence of respiratory diseases and well advanced & improved healthcare infrastructure.

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Recent Development:

             The New Launched Product News,

  • In November 2022, BioIntelliSense Inc., launched new patented and FDA (Food and Drug Administration) approved pulse oximetry sensor chipset and integrated processing technology which help in measuring blood oxygen levels across skin tones and in motion.
  • In June 2021, DetelPro launched new pulse oximetry ‘Oxy10’ featured with LED display. The new launched medical device is easily clipped on fingertip and displays oxygen saturation level and pulse rate.

Strategic Acquisitions and Partnership News,

  • In December 2021, Zynex Inc., acquired Kestrel Labs Inc., a laser-based, non-invasive patient monitoring company which manufactures laser-based products such as HemeOx, a total hemoglobin oximeter and NiCO CO-Oximeter, a multi-parameter pulse oximeter. This acquisition has enabled Zynex Inc., to strengthen its position in oximtery market.

Report Scope:

Attribute

Details

Base year for estimation

2022

Forecast period

2022 – 2032

Market representation

Revenue in USD Billion & CAGR from 2022 to 2032

Market Segmentation

By Type - Reusable Probes, Disposable Sensors

By Product Type - Handheld Pulse Oximeter, Fingertip Pulse Oximeter

By Age Group - Pediatric, Adult

By Technology - Conventional, Connected Devices

By End-Users - Hospitals, Homecare, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032.

Few Other Promising Reports:

Pulse Oximeters Market Key Players

The key players operating the Pulse Oximeter Market includes, Medtronic plc., Koninklijke Philips N.V., Masimo Corporation, GE Healthcare, ICU Medical Inc., Nonin Medical Inc., OSI Systems Inc., NIHON KOHDEN CORPORATION, Dragerwerk AG & Co. KGaA, CONTEC MEDICAL SYSTEMS CO., LTD., and Others.

Pulse Oximeters Market Company Profile

  • Medtronic plc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Koninklijke Philips N.V.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Masimo Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • GE Healthcare
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • ICU Medical Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Nonin Medical Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • OSI Systems Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • NIHON KOHDEN CORPORATION
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Dragerwerk AG & Co. KGaA
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • CONTEC MEDICAL SYSTEMS CO., LTD.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

Pulse Oximeters Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Product Type
      • Market Snippet, By Age Group
      • Market Snippet, By Technology
      • Market Snippet, By End-Users
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restrains
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Pulse Oximeter Market, By Type, Forecast Period up to 10 Years, (US$ Bn)
  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Reusable Probes
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Disposable Sensors
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  1. Pulse Oximeter Market, By Product Type, Forecast Period up to 10 Years, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Handheld Pulse Oximeter
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Fingertip Pulse Oximeter
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  2. Pulse Oximeter Market, By Age Group, Forecast Period up to 10 Years, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Pediatric
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Adult
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  3. Pulse Oximeter Market, By Technology, Forecast Period up to 10 Years, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Conventional
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Connected Devices
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  4. Pulse Oximeter Market, By End-Users, Forecast Period up to 10 Years, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Hospitals
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Homecare
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  5. Pulse Oximeter Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Age Group, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By End-Users, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Age Group, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By End-Users, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Age Group, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By End-Users, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Age Group, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By End-Users, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Age Group, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Technology, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By End-Users, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis

company profile: 

  • Medtronic plc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Koninklijke Philips N.V.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Masimo Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • GE Healthcare
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • ICU Medical Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Nonin Medical Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • OSI Systems Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • NIHON KOHDEN CORPORATION
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Dragerwerk AG & Co. KGaA
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • CONTEC MEDICAL SYSTEMS CO., LTD.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Pulse Oximeter Market is segmented into Type, Product Type, Age Group, Technology and Region.

Pulse Oximeter Market is driven by factors like growing prevalence of respiratory diseases.

By region, the Pulse Oximeter Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.

The key players operating the Pulse Oximeter Market includes, Medtronic plc., Koninklijke Philips N.V., Masimo Corporation, GE Healthcare, ICU Medical Inc., Nonin Medical Inc., OSI Systems Inc., NIHON KOHDEN CORPORATION, Dragerwerk AG & Co. KGaA, CONTEC MEDICAL SYSTEMS CO., LTD., and Others.

Pulse Oximeter Market accounted for US$ 2.4 billion in 2022 and is estimated to be US$ 4.4 billion by 2032 and is anticipated to register a CAGR of 6.5%.