Global Pulse Oximeter Market is estimated to be valued at USD 4,236.5 Mn in 2025 and is expected to reach USD 7,312.6 Mn by 2032, growing at a compound annual growth rate (CAGR) of 8.1% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 4,236.5 Mn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
8.10%
2032 Value Projection:
USD 7,312.6 Mn
Figure. Pulse Oximeter Market Share (%), By Region 2025
The global pulse oximeter market has been witnessing significant growth in the recent past owing to the rising incidence of respiratory diseases and increasing geriatric population worldwide. Pulse oximeters are non-invasive devices that measure the oxygen saturation level in blood and pulse rate. They have emerged as an essential device for monitoring patients suffering from chronic obstructive pulmonary disease (COPD), asthma, obesity hypoventilation syndrome and other respiratory disorders. Furthermore, the ongoing COVID-19 pandemic has strongly driven the demand for pulse oximeters for remotely monitoring patients exhibiting coronavirus symptoms. With growing health awareness and expanding application in home healthcare settings, the market is expected to continue its upward trajectory over the coming years.
Market Dynamics:
The global pulse oximeter market growth is driven by the rising global prevalence of respiratory diseases as well as the growing geriatric population who are more susceptible to such conditions. As per World Health Organization, data, over 235 million people suffer from asthma worldwide. Similarly, over 300 million people live with COPD globally. This has significantly fueled the demand for pulse oximeters for diagnosis and ongoing monitoring of patients. However, the market faces some restraints in terms of lack of awareness regarding pulse oximetry in developing nations. On the positive side, factors such as increasing adoption of remote patient monitoring devices, growing applications in home healthcare settings, and continuous technological innovations are expected to create new opportunities for market players over the forecast period.
Key Features of the Study:
This report provides in-depth analysis of the global pulse oximeter market, and provides market size (USD Mn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global pulse oximeter market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study Stryker, Medtronic, Nihon-Kohden Corporation, GE Healthcare, Koninklijke Philips N.V., Hill-Rom Services, Inc., Smiths Group plc, Honeywell International, Promed Technology Co., Ltd., Contec Medical Systems Co., Ltd., CONMED Corporation, Curbell Medical Products, Inc., Ecomed, Masimo, TytoCare Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
Global pulse oximeter market caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pulse oximeter market.
Detailed Segmentation-
Product Type:
Tabletop Pulse Oximeters
Fingertip Pulse Oximeters
Wrist-worn Pulse Oximeters
Handheld Pulse Oximeters
Sensor Type:
Disposable Sensors
Reusable Sensors
End User:
Hospitals
Clinics
Ambulatory Surgical Centers
Home Care Settings
Others
Region:
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Company Profiles:
Stryker
Medtronic
Nihon-Kohden Corporation
GE Healthcare
Koninklijke Philips N.V.
Hill-Rom Services, Inc.
Smiths Group plc
Honeywell International
Promed Technology Co., Ltd.
Contec Medical Systems Co., Ltd.
CONMED Corporation
Curbell Medical Products, Inc.
Ecomed
Masimo
TytoCare Ltd.
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Product Type
Market Snapshot, By Sensor Type
Market Snapshot, By End User
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Opportunities
Impact Analysis
Market Trends
Recent Developments
Regulatory Scenario
Technological Advancements
Manufacturer Revenue
Acquisitions and Partnerships Scenario
Product Launches/Approvals
Funding and Investments
PEST Analysis
Porter's Analysis
4. Global Pulse Oximeter Market- Impact of Coronavirus (COVID-19) Pandemic
Overall Impact
Government Initiatives
COVID-19 Impact on the market
5. Global Pulse Oximeter Market, By Product Type, 2020 - 2032, (USD Mn)
Overview
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Tabletop Pulse Oximeters
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Fingertip Pulse Oximeters
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Wrist-worn Pulse Oximeters
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Handheld Pulse Oximeters
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
6. Global Pulse Oximeter Market, By Sensor Type, 2020 - 2032, (USD Mn)
Overview
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Disposable Sensors
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Reusable Sensors
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
7. Global Pulse Oximeter Market, By End User, 2020 - 2032, (USD Mn)
Overview
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Hospitals
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Clinics
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Ambulatory Surgical Centers
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Home Care Settings
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
Others
Overview
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Mn)
8. Global Pulse Oximeter Market, By Region, 2020 - 2032, (USD Mn)
Introduction
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, For Regions, 2020-2032
Regional Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Sensor Type, 2020 - 2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Mn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Sensor Type, 2020 - 2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Mn)
Brazil
Mexico
Argentina
Rest of Latin America
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Sensor Type, 2020 - 2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Mn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Sensor Type, 2020 - 2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Mn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Sensor Type, 2020 - 2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020 - 2032, (USD Mn)
GCC
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2020 - 2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Sensor Type, 2020 - 2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020 - 2032, (USD Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2020 - 2032, (USD Mn)