Pulse Oximeter Market Analysis

End-user (Hospitals & Clinics, Homecare)

The global pulse oximeter market is segmented and analyzed for demand and supply by end-use into hospitals & clinics, and homecare. Out of which, the hospitals & clinics segment is anticipated to garner the largest revenue by the end of 2037, backed by growing number of surgeries and emergency room visit. For instance, over 1 million surgical procedures were performed at hospitals that were registered in 2021. Besides this, notably increasing prevalence of various chronic disorders such as asthma, cardiovascular and pneumonia is also fueling up the growth of the market over the forecast timeframe.

Our in-depth analysis of the global market includes the following segments:

By Product Type	Fingertip Pulse Oximeters Hand-Held Pulse Oximeters Wrist-Worn Pulse Oximeters Table Top/Bedside Pulse Oximeters
By Technology	Conventional Connected
By Age Group	Adults Pediatric
By End-use	Hospitals & Clinics Homecare

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of pulse oximeter is assessed at USD 2.25 billion.

The pulse oximeter market size was valued at USD 2.18 billion in 2024 and is projected to reach USD 3.71 billion by the end of 2037, expanding at around 4.3% CAGR during the forecast period i.e., between 2025-2037. The market growth is impelled by growing awareness about pulse oximeters as of COVID-19 outburst, increasing count of chronic respiratory diseases, and increasing availability of newly launched high-quality products.

Asia Pacific industry is expected to hold largest revenue share by 2037, propelled by growing prevalence of respiratory diseases, followed by the new product launches in the region.

The major players in the market include Medtronic, Becton Dickinson and Company, GE Healthcare, Koninklijke Philips N.V., Masimo, CAS Medical Systems, Inc., Opto Circuits India Limited, Nonin Medical, Inc., ICU Medical, Inc., Welch Allyn.

Pulse Oximeter Market Analysis