Pulse Oximeter Market Segmentation:
Distribution Channel Segment Analysis
The online retail dominates the segment and is poised to hold the revenue share of 44.9% by 2034. Distribution is led by online retail because of the speedy transition towards e-commerce, especially within personal healthcare devices. The ease of direct-to-consumer models and increased access via government-funded telehealth programs, especially in Europe and the U.S., have boosted online sales. As per the Centers for Medicare & Medicaid Services (CMS) report, sales of remote patient monitoring (RPM) devices such as pulse oximeters have increased by 49.4%, driven primarily by online platforms. Federal and international public health agencies, such as NIH and AHRQ, also suggest internet-based monitoring devices that are frequently bundled and marketed through e-retailers.
Product Type Segment Analysis
The fingertip pulse oximeters lead the market and are projected to have a market share of 42.9% by 2034. Fingertip pulse oximeters are driven by their affordability, portability, and extensive usage in clinical and home care settings. As per the FDA, during the COVID-19 pandemic, these devices gained substantial Emergency Use Authorization (EUA) momentum, subsequently gaining permanent consumer demand after 2021. Their compatibility with mobile apps and Bluetooth for remote monitoring fits in with the Centers for Medicare & Medicaid Services (CMS) promotion of Remote Patient Monitoring (RPM) programs under chronic care management programs and further driving adoption (CMS RPM).
Our in-depth analysis of the global pulse oximeter market includes the following segments:
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