Pulse Oximeter Market
                     Pulse Oximeter 
Market
Global Forecast to 2031
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Key Segmentations
Portability
•  Handheld Pulse Oximeters 
•  Fingertip Pulse Oximeters
• Wearable Pulse Oximeters
• Bench-top Pulse Oximeters
 Technology
• Conventional Pulse Oximeters
• Connected Pulse Oximeters
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Market Growth – Option 3
2031
Market Size of The pulse oximeter market is 
$3.4 Billion
poised for robust growth, driven 
by an array of factors including 
increasing hospital admissions, 
advancements in newborn 
CAGR of screening practices, the rising 
5.4% incidence of chronic respiratory 
diseases, and the growing 
availability of OTC options. As 
healthcare continues to evolve, 
the importance of pulse 
oximeters in patient monitoring 
and management will only 
become more pronounced.
2024
Market Size of 
$2.36 Billion
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Key Vendors
1 6
Medtronic plc Nonin Medical, Inc.
2 7
Koninklijke Philips Nihon Kohden Corporation.
3
GE HealthCare Technologies Top 10 8 Drägerwerk AG & Co. KGaA 
Vendors
4 9
Masimo Corporation ICU Medical, Inc.
5 10
Beurer GmbH Spacelabs Healthcare 
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Regional Analysis
EUROPE
NORTH AMERICA
30.5% l 6.6%
35.6% l 5.8%
• North America 
• Europe  ASIA-PACIFIC
• Asia-Pacific 
28.7% l 8.6%
• Latin America
LATIN AMERICA
• Middle East & 
MIDDLE EAST & AFRICA
Africa 3.4% l 8.3%
1.9% l 7.7%
MARKET SHARE% 2023e       CAGR% (2022–2031)
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