Global Pulse Oximeter Market was Valued at USD 3.2 billion in 2024 Observing a CAGR of 10.8% during 2025 - 2030
The global pulse oximeter market is expected to grow at a CAGR of 10.8% during the forecast period with its market size was Valued at USD 3.2 billion 2023. Globally, pulse oximeter industry players are undertaking product innovations and technological upgradations that are enabling the manufacturers to gain competitive advantage across the globe.
Hospital category held largest share in the pulse oximeter market in 2023
Based on end user, the global pulse oximeter market is segmented into hospitals, clinics & healthcare facilities, home care, diagnostic centers. Amongst these segments, hospital category held the largest share in the market in 2023, and is also expected to be the fastest growing category in the market during the forecast period.
Global Pulse Oximeter Market Segmentation and Key Players
|
Segment / Key Players |
Categorization |
|
Type |
Fingertip, Table-Top, Wrist-Worn, Hand-Held, Earlobe, Forehead, Palm/Foot, Nose |
|
Sensor Type |
Reusable, Disposable |
|
Patient Type |
Neonatal, Pediatric, Adult |
|
End User |
Hospitals, Clinics & Healthcare Facilities, Home Care, Diagnostic Centers |
|
Key Players |
General Electric Company, Masimo Corporation, Edwards Lifesciences Corporation, Nihon Kohden Corporation, Medtronic PLC, Koniklijke Philips N.V., Smiths Medical Inc., Spacelabs Healthcare Inc., Opto Circuits Limited, Drägerwerk AG & Co. KGaA, Halma PLC, and Contec Medical System Co. Ltd. |
Browse Market Insight and In-depth TOC on "Global Pulse Oximeter Market - Analysis and Forecast (2025-2030)"
On the basis of sensor type, the global pulse oximeters market is categorised into neonatal, pediatric, and adult. Of all, adult patients category is anticipated to generate largest revenue by 2030, owing to the increase in the geriatric population across the globe.
Geography Insight
The pulse oximeter market in North America is estimated to hold largest revenue throughout the estimated period due to easy accessibility of these devices in the region along with extensive occurrence of pulmonary disorders amongst the patients in this region. Furthermore, increasing awareness amongst medical specialist and patients about these devices along with increasing popularity is another factor pertaining towards the growth of pulse oximeter market in this region.
Competitive Insight
Some of the key players operating in the global Pulse oximeter market are General Electric Company, Masimo Corporation, Edwards Lifesciences Corporation, Nihon Kohden Corporation, Medtronic PLC, Koniklijke Philips N.V., Smiths Medical Inc., Spacelabs Healthcare Inc., Opto Circuits Limited, Drägerwerk AG & Co. KGaA, Halma PLC, and Contec Medical System Co. Ltd.
Key Takeaway from the Report:
- Among all the type, fingertip pulse oximeters segment is anticipated to generate largest revenue by 2030.
- Of all the sensor type, reusable-sensor oximeters category held larger share in the market in 2023.
- Among all the patient type, adult patients category is anticipated to generate largest revenue by 2030.
- Among all the end users, the hospitals category held the largest share in the pulse oximeter market in 2023.
The Report Offers:
- Historical market estimate for the years 2018–2023 and forecast for the years 2025–2030
- Insight on current market trends, market dynamics, key opportunities and major challenges in the industry
- Market insights by in-depth segmentation with industry dynamics.
- Competitive analysis and benchmarking of the industry leaders and their product offerings
- Profiles of leading players and innovators, their financial overview and product portfolio
- Analysis of key industry trends and recent developments
- Value chain analysis and distribution channel analysis with opportunity assessment
- Market share analysis of major players
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The report provides the market value for the base year 2020 and a yearly forecast till 2030 in terms of revenue (USD Billion). The report segments the global pulse oximeter market on the basis of type, sensor type, patient type, end user, and region.
Global Pulse Oximeter Market Coverage
Type Insight and Forecast 2025-2030
- Fingertip
- Table-top
- Wrist-worn
- Hand-held
- Earlobe
- Forehead
- Palm/Foot
- Nose
Sensor Type Insight and Forecast 2025-2030
- Reusable
- Disposable
Patient Type Insight and Forecast 2025-2030
- Neonatal
- Pediatric
- Adult
End User Insight and Forecast 2025-2030
- Hospitals
- Clinics & Healthcare Facilities
- Home Care
- Diagnostic Centers
Geographical Segmentation
Pulse Oximeter Market by Region
North America
- By Type
- By Sensor Type
- By Patient Type
- By End User
- By Country – U.S., Canada, and Mexico
- U.S. Market
- By Type
- By Sensor Type
- By Patient Type
- By End User
- Canada Market
- By Type
- By Sensor Type
- By Patient Type
- By End User
- Mexico Market
- By Type
- By Sensor Type
- By Patient Type
- By End User
- U.S. Market
Europe
- By Type
- By Sensor Type
- By Patient Type
- By End User
- By Country – Germany, U.K., France, Italy, Spain, and Rest of Europe
- Germany Market
- By Type
- By Sensor Type
- By Patient Type
- By End User
- U.K. Market
- By Type
- By Sensor Type
- By Patient Type
- By End User
- France Market
- By Type
- By Sensor Type
- By Patient Type
- By End User
- Italy Market
- By Type
- By Sensor Type
- By Patient Type
- By End User
- Spain Market
- By Type
- By Sensor Type
- By Patient Type
- By End User
- Rest of Europe Market
- By Type
- By Sensor Type
- By Patient Type
- By End User
- Germany Market
Asia-Pacific (APAC)
- By Type
- By Sensor Type
- By Patient Type
- By End User
- By Country – China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific
- China Market
- By Type
- By Sensor Type
- By Patient Type
- By End User
- Japan Market
- By Type
- By Sensor Type
- By Patient Type
- By End User
- India Market
- By Type
- By Sensor Type
- By Patient Type
- By End User
- Rest of Asia-Pacific Market
- By Type
- By Sensor Type
- By Patient Type
- By End User
- China Market
Rest of the World (RoW)
- By Type
- By Sensor Type
- By Patient Type
- By End User
- By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
- Brazil Market
- By Type
- By Sensor Type
- By Patient Type
- By End User
- Saudi Arabia Market
- By Type
- By Sensor Type
- By Patient Type
- By End User
- South Africa Market
- By Type
- By Sensor Type
- By Patient Type
- By End User
- Other Countries Market
- By Type
- By Sensor Type
- By Patient Type
- By End User
- Brazil Market