The global pulse oximeters market reached grew at a CAGR of around 6% during 2014-2019. A pulse oximeter refers to a medical device that is used to monitor the oxygen levels in the patient’s blood. It is a small clip-like device that is externally attached to the individual’s finger, toe or earlobe to detect the timing and levels when the oxygen drops below the adequate levels. It is commonly used for monitoring pulse during surgical procedures, emergencies, treatments and recovery in hospital wards. The device determines the percentage of oxygen in the red blood cells by using a cold light source that transmits light through the point of contact and analyzes the amount of light that can pass to reach the other end.
The increasing prevalence of chronic medical ailments, along with the rising geriatric population across the globe, is one of the key factors driving the growth of the market. Furthermore, growing preference for non-invasive medical devices and procedures by both patients and healthcare providers is also providing a boost to the market growth. The widespread adoption of portable and wearable oximeter variants, especially among chronic obstructive pulmonary disease (COPD) patients, is contributing to the product demand. Additionally, various technological advancements, including the improvements in microprocessor technology, light-emitting diodes and photoelectric sensors for enhanced accuracy and reliability of pulse oximeters, are acting as another growth-inducing factor. Other factors, including rising healthcare expenditures, the integration of oximeters with artificial intelligence (AI) and the advent of variants that are compatible with Android and Apple operating systems for maintaining electronic medical records (EMR), are projected to drive the market further. Looking forward, IMARC Group expects the global pulse oximeters market to witness moderate growth during the next five years.
Breakup by Type:
- Fingertip pulse oximeters
- Handheld pulse oximeters
- Wrist-worn pulse oximeters
- Others
Breakup by Sensor Type:
Breakup by End-Use:
- Hospitals and Clinics
- Ambulatory Surgery Centers
- Home Healthcare
- Others
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being CAS Medical Systems Inc. (Edward Lifesciences), Contec Medical Systems Co. Ltd., Koninklijke Philips NV, Masimo, Medtronic Plc, Nonin Medical Inc., Opto Circuits, Smiths Medical, Inc., Spacelabs Healthcare (OSI Systems), Welch Allyn (Hill-Rom), etc.
Key Questions Answered in This Report:
The global pulse oximeter market was worth around US$ 1.34 Billion in 2019.
The market for pulse oximeter is catalyzed by the sudden outbreak of the COVID-19 as there is an increasing demand for continuous monitoring of the respiratory parameters of the patients suffering from the coronavirus disease.
According to the estimates by IMARC Group, the global pulse oximeter market will exhibit moderate growth during the next five years.
The high prevalence of chronic ailments, along with the rising geriatric population across the globe, is primarily driving the growth of pulse oximeter market.
The rapid integration of oximeters with artificial intelligence (AI) and the advent of advanced oximeters providing high compatibility with smart devices for maintaining electronic medical records (EMR), are some of the key trends in the global pulse oximeter market.
On the basis of the type, the market has been bifurcated into fingertip, handheld, wrist-worn and others, where handheld pulse oximeter currently accounts for the highest market share.
On the basis of the sensor type, the market has been bifurcated into reusable and disposable, where reusable sensors currently account for the highest market share.
Based on the patient type, the market has been segmented into neonatal, pediatric, and adult patients.
Based on the end use, the market has been segmented into hospitals and clinics, ambulatory surgery centers, home healthcare, and others, where hospitals and clinics currently account for the highest market share.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America currently accounts for the highest market share.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Pulse Oximeters Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Fingertip Pulse Oximeters
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Handheld Pulse Oximeters
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Wrist-Worn Pulse Oximeters
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Sensor Type
7.1 Reusable
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Disposable
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End-Use
8.1 Hospitals and Clinics
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Ambulatory Surgery Centers
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Home Healthcare
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Indicators
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 CAS Medical Systems Inc. (Edward Lifesciences)
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Contec Medical Systems Co. Ltd.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Koninklijke Philips NV
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Masimo
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 SWOT Analysis
14.3.5 Medtronic Plc
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Opto Circuits
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Nonin Medical Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Smiths Medical Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 SWOT Analysis
14.3.9 Spacelabs Healthcare
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Welch Allyn
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 SWOT Analysis
List of Figures
Figure 1: Global: Pulse Oximeters Market: Major Drivers and Challenges
Figure 2: Global: Pulse Oximeters Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Pulse Oximeters Market: Breakup by Type (in %), 2019
Figure 4: Global: Pulse Oximeters Market: Breakup by Sensor Type (in %), 2019
Figure 5: Global: Pulse Oximeters Market: Breakup by End-Use (in %), 2019
Figure 6: Global: Pulse Oximeters Market: Breakup by Region (in %), 2019
Figure 7: Global: Pulse Oximeters Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 8: Global: Pulse Oximeters (Fingertip) Market: Sales Value (in Million US$), 2014 & 2019
Figure 9: Global: Pulse Oximeters (Fingertip) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 10: Global: Pulse Oximeters (Handheld) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: Global: Pulse Oximeters (Handheld) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: Global: Pulse Oximeters (Wrist-Worn) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: Global: Pulse Oximeters (Wrist-Worn) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: Global: Pulse Oximeters (Others) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Global: Pulse Oximeters (Others) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Global: Pulse Oximeters (Reusable) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Global: Pulse Oximeters (Reusable) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Global: Pulse Oximeters (Disposable) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Global: Pulse Oximeters (Disposable) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: Global: Pulse Oximeters (Hospitals) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: Global: Pulse Oximeters (Hospitals) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: Global: Pulse Oximeters (Ambulatory Surgery Centers and Clinics) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: Global: Pulse Oximeters (Ambulatory Surgery Centers and Clinics) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Global: Pulse Oximeters (Home Healthcare) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Global: Pulse Oximeters (Home Healthcare) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Global: Pulse Oximeters (Other End-Users) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Global: Pulse Oximeters (Other End-Users) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: North America: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: North America: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: United States: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: United States: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: Canada: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: Canada: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: Asia Pacific: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: Asia Pacific: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: China: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: China: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: Japan: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: Japan: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: India: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: India: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 42: South Korea: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: South Korea: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 44: Australia: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 45: Australia: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 46: Indonesia: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 47: Indonesia: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 48: Others: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 49: Others: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: Europe: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 51: Europe: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 52: Germany: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 53: Germany: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 54: France: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 55: France: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 56: United Kingdom: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 57: United Kingdom: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 58: Italy: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 59: Italy: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 60: Spain: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 61: Spain: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 62: Russia: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 63: Russia: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 64: Others: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 65: Others: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 66: Latin America: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 67: Latin America: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 68: Brazil: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 69: Brazil: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 70: Mexico: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 71: Mexico: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 72: Others: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 73: Others: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 74: Middle East and Africa: Pulse Oximeters Market: Sales Value (in Million US$), 2014 & 2019
Figure 75: Middle East and Africa: Pulse Oximeters Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 76: Global: Pulse Oximeters Industry: SWOT Analysis
Figure 77: Global: Pulse Oximeters Industry: Value Chain Analysis
Figure 78: Global: Pulse Oximeters Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Pulse Oximeters Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Pulse Oximeters Market Forecast: Breakup by Type (in Million US$), 2020-2025
Table 3: Global: Pulse Oximeters Market Forecast: Breakup by Sensor Type (in Million US$), 2020-2025
Table 4: Global: Pulse Oximeters Market Forecast: Breakup by End-Use (in Million US$), 2020-2025
Table 5: Global: Pulse Oximeters Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 6: Global: Pulse Oximeters Market: Competitive Structure
Table 7: Global: Pulse Oximeters Market: Key Players