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 : Feb 2025

Code : CMI467

Pages :178

Formats :

Excel and PDF

Industry : Medical Devices

Pulse Oximeter Market Size and Trends

The 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, exhibiting a compound annual growth rate (CAGR) of 8.1% from 2025 to 2032.

Pulse Oximeter Market Key Factors

To learn more about this report, Request sample copy

The pulse oximeter market is expected to witness a positive growth trend over the forecast period. The growth in this market is expected to be driven by factors such as the rising incidence of respiratory diseases, increasing awareness related to timely diagnosis of chronic illnesses, and the growing demand for home healthcare devices. Technologies advancements have allowed manufacturers to develop versatile pulse oximeters with features like exceptional accuracy, connectivity options, and compact sizes making them popular for use at home as well. Furthermore, with the onset of COVID-19 pandemic, there is additional demand for pulse oximeters for self-monitoring of blood oxygen levels at home amid the hospital capacity challenges posed by the virus.

Market Driver – Rising Prevalence of Respiratory Diseases

As the number of people suffering from respiratory conditions like COPD, asthma, and pneumonia continues to rise globally, there is an increasing need for pulse oximeters to monitor patients' oxygen saturation levels. Pulse oximetry allows for remote, continuous monitoring of oxygen levels in blood which is extremely useful for the treatment and management of respiratory diseases. For instance, according to the World Health Organization report published in March, 2023, chronic obstructive pulmonary disease (COPD) is the third leading cause of death worldwide, causing 3.23 million deaths in 2020. Moreover, according to the same source, low- and middle-income countries (LMIC) account for about 90% of deaths from COPD in those under the age of 70.