Pulse Oximeter Market, By Product Type (Tabletop Pulse Oximeters, Fingertip Pulse Oximeters, Wrist-worn Pulse Oximeters, and Handheld Pulse Oximeters), By Sensor Type (Disposable Sensors and Reusable Sensors), By End User (Hospitals, Clinics, Ambulatory Surgical Centers, Home Care Settings, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Apr 2024

Code : CMI467

Pages :178

Formats :

Excel and PDF

Industry : Medical Devices

Market Concentration and Competitive Landscape

Pulse Oximeter Market Concentration By Players

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Market Driver – Rising Emphasis on Patient Monitoring in Home Care Settings

There is a marked shift towards remote patient monitoring and home healthcare globally as it enables cost savings, improved accessibility, and better management of chronic conditions. Pulse oximetry plays a critical role in facilitating remote monitoring of vitals and oxygen saturation levels especially for high-risk patients or those recovering from surgeries or illnesses. The ability of pulse oximeters to transmit readings electronically to doctors or caregivers has further increased their value in home care applications. Various players are also introducing more advanced, integrated devices that can measure and track multiple parameters besides oxygen saturation. Governments and insurance agencies are promoting home-based monitoring to avoid unnecessary hospitalizations. Even patients prefer remaining in familiar home settings under remote supervision. This rising prominence of home healthcare and focus on remote patient monitoring is catalyzing the uptake of pulse oximeters among households rather than just clinical settings. Various options available in different form factors, wearing formats and price points ensure wider accessibility and adoption.

Key Players Insights