PUBLISHER: iData Research Inc. | PRODUCT CODE: 1671824
PUBLISHER: iData Research Inc. | PRODUCT CODE: 1671824
Pulse Oximetry Market Size, Share & Trend Analysis | Global | 2025-2031 | MedCore | Includes: Pulse Oximetry Monitors and Pulse Oximetry Sensors
The global pulse oximetry monitoring market was valued at $2.5 billion in 2024 and is projected to grow at a CAGR of 2.0%, reaching nearly $2.9 billion by 2031.
Pulse oximetry monitoring systems are widely used in hospitals, emergency care, and home healthcare to measure blood oxygen saturation and pulse rate. The market is driven by the rising adoption of non-invasive monitoring solutions and expanding healthcare infrastructure in developing regions.
The market is segmented into:
- Surface-Pad Market
* Machine
* Accessories
- Intravascular Market
* Machine
* Accessories
Market Insights
- Unit Sales & Average Selling Prices
- Market Size & Growth Trends
- Market Drivers & Limiters
- Market Forecasts Until 2031
- Historical Data (2021-2023)
- Competitive Analysis
- Recent Mergers & Acquisitions
- Company Profiles & Product Portfolios
Market Trends
- Rising demand for low-acuity monitoring in hospitals
- Increased usage of finger pulse oximeters in primary care and ambulatory settings
- Development of multi-parameter pulse oximeters with advanced capabilities
- Growing adoption of wireless and portable pulse oximeters
Market Share Insights
Top Competitors in the Global Pulse Oximetry Monitoring Market (2024):
1 Medtronic
* Market leader globally and in North America and Western Europe. Medtronic's strong brand recognition and large-scale operations allow it to dominate the pulse oximetry market with products like the Nellcor(TM) pulse oximetry systems.
2 Masimo
- Second-leading competitor, offering advanced solutions such as Rainbow(R) Pulse CO-Oximetry(TM) and Rainbow(R) Acoustic Monitoring(TM). Masimo's non-invasive technologies measure additional blood constituents, including hemoglobin and respiration rate, setting the company apart from its competitors.
3 Nonin Medical
* Third-leading competitor, with a strong market share in North America and Western Europe. Nonin's product offerings include portable and fingertip pulse oximeters, catering to both clinical and home-use markets.
Global Research Scope
- Regions Covered:
* North America: Canada, United States
* Latin America: Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela
* Western Europe: Austria, France, Germany, Italy, Spain, United Kingdom
* Central & Eastern Europe: Poland, Russia, Turkey, Ukraine
* Middle East: Israel, Saudi Arabia, United Arab Emirates
* Asia Pacific: Australia, China, India, Japan, South Korea, Vietnam
* Africa: Egypt, Ghana, Nigeria, South Africa
- Base Year: 2024
- Forecast Period: 2025-2031
- Historical Data: 2021-2023
Quantitative Coverage
- Market Size
- Market Shares
- Market Forecasts
- Market Growth Rates
- Units Sold
- Average Selling Prices
Qualitative Coverage
- COVID-19 Impact
- Market Growth Trends
- Market Limiters
- Competitive Analysis & SWOT for Top Competitors
- Mergers & Acquisitions
- Company Profiles
- Product Portfolios
- FDA Recalls
- Disruptive Technologies
- Disease Overviews
Data Sources
- Primary Interviews with Industry Leaders
- Government Physician Data
- Regulatory Data
- Hospital Private Data
- Import & Export Data
- iData Research Internal Database
TABLE OF CONTENT
- 10.1 Executive Summary
- 10.1.1 Global Pulse Oximetry Monitoring Market Overview
- 10.1.2 Competitive Analysis
- 10.1.3 Market Segmentation
- 10.1.4 Regions Included
- 10.2 Introduction
- 10.2.1 Types of Oxygen Saturation Monitoring
- 10.2.2 Limitations of Pulse Oximetry
- 10.2.3 Emerging Technology: Laser Pulse Oximetry
- 10.3 Market Overview
- 10.3.1 By Segment
- 10.3.2 By Region
- 10.4 Market Analysis and Forecast
- 10.4.1 Pulse Oximetry Monitor Market
- 10.4.1.1 Bedside Monitor Market
- 10.4.1.2 Handheld Monitor Market
- 10.4.1.3 Fingertip Monitor Market
- 10.4.2 Pulse Oximetry Sensor Market
- 10.4.2.1 Disposable Pulse Oximetry Sensor Market
- 10.4.2.2 Reusable Pulse Oximetry Sensor Market
- 10.4.3 OEM Circuit Board Market
- 10.4.1 Pulse Oximetry Monitor Market
- 10.5 Drivers and Limiters
- 10.5.1 Market Drivers
- 10.5.2 Market Limiters
- 10.6 Competitive Market Share Analysis
LIST OF CHARTS
- Chart 10-1: Pulse Oximetry Monitoring Market, Global, 2024 & 2031
- Chart 10-2: Pulse Oximetry Monitoring Units Sold, Global, 2024
- Chart 10-3: Pulse Oximetry Monitoring Market by Segment, Global, 2021 - 2031
- Chart 10-4: Pulse Oximetry Monitoring Market by Region, Global, 2021 - 2031
- Chart 10-5: Leading Competitors, Pulse Oximetry Monitoring Market, Global, 2024
LIST OF FIGURES
- Figure 10-1: Pulse Oximetry Monitoring Market Segmentation
- Figure 10-2: Pulse Oximetry Monitoring Regions Covered, Global (1 of 2)
- Figure 10-3: Pulse Oximetry Monitoring Regions Covered, Global (2 of 2)
- Figure 10-4: Pulse Oximetry Monitoring Market by Segment, Global, 2021 - 2031 (US$M)
- Figure 10-5: Pulse Oximetry Monitoring Market by Region, Global, 2021 - 2031 (US$M)
- Figure 10-6: Pulse Oximetry Monitor Market by Segment, Global, 2021 - 2031 (US$M)
- Figure 10-7: Total Pulse Oximetry Monitor Market, Global, 2021 - 2031
- Figure 10-8: Units Sold by Region, Pulse Oximetry Monitor Market, Global, 2021 - 2031
- Figure 10-9: Average Selling Price by Region, Pulse Oximetry Monitor Market, Global, 2021 - 2031 (US$)
- Figure 10-10: Market Value by Region, Pulse Oximetry Monitor Market, Global, 2021 - 2031 (US$M)
- Figure 10-11: Bedside Monitor Market, Global, 2021 - 2031
- Figure 10-12: Units Sold by Region, Bedside Monitor Market, Global, 2021 - 2031
- Figure 10-13: Average Selling Price by Region, Bedside Monitor Market, Global, 2021 - 2031 (US$)
- Figure 10-14: Market Value by Region, Bedside Monitor Market, Global, 2021 - 2031 (US$M)
- Figure 10-15: Handheld Monitor Market, Global, 2021 - 2031
- Figure 10-16: Units Sold by Region, Handheld Monitor Market, Global, 2021 - 2031
- Figure 10-17: Average Selling Price by Region, Handheld Monitor Market, Global, 2021 - 2031 (US$)
- Figure 10-18: Market Value by Region, Handheld Monitor Market, Global, 2021 - 2031 (US$M)
- Figure 10-19: Fingertip Monitor Market, Global, 2021 - 2031
- Figure 10-20: Units Sold by Region, Fingertip Monitor Market, Global, 2021 - 2031
- Figure 10-21: Average Selling Price by Region, Fingertip Monitor Market, Global, 2021 - 2031 (US$)
- Figure 10-22: Market Value by Region, Fingertip Monitor Market, Global, 2021 - 2031 (US$M)
- Figure 10-23: Pulse Oximetry Sensor Market by Segment, Global, 2021 - 2031 (US$M)
- Figure 10-24: Total Pulse Oximetry Sensor Market, Global, 2021 - 2031
- Figure 10-25: Units Sold by Region, Pulse Oximetry Sensor Market, Global, 2021 - 2031
- Figure 10-26: Average Selling Price by Region, Pulse Oximetry Sensor Market, Global, 2021 - 2031 (US$)
- Figure 10-27: Market Value by Region, Pulse Oximetry Sensor Market, Global, 2021 - 2031 (US$M)
- Figure 10-28: Disposable Pulse Oximetry Sensor Market, Global, 2021 - 2031
- Figure 10-29: Units Sold by Region, Disposable Pulse Oximetry Sensor Market, Global, 2021 - 2031
- Figure 10-30: Average Selling Price by Region, Disposable Pulse Oximetry Sensor Market, Global, 2021 - 2031 (US$)
- Figure 10-31: Market Value by Region, Disposable Pulse Oximetry Sensor Market, Global, 2021 - 2031 (US$M)
- Figure 10-32: Reusable Pulse Oximetry Sensor Market, Global, 2021 - 2031
- Figure 10-33: Units Sold by Region, Reusable Pulse Oximetry Sensor Market, Global, 2021 - 2031
- Figure 10-34: Average Selling Price by Region, Reusable Pulse Oximetry Sensor Market, Global, 2021 - 2031 (US$)
- Figure 10-35: Market Value by Region, Reusable Pulse Oximetry Sensor Market, Global, 2021 - 2031 (US$M)
- Figure 10-36: OEM Circuit Board Market, Global, 2021 - 2031
- Figure 10-37: Units Sold by Region, OEM Circuit Board Market, Global, 2021 - 2031
- Figure 10-38: Average Selling Price by Region, OEM Circuit Board Market, Global, 2021 - 2031 (US$)
- Figure 10-39: Market Value by Region, OEM Circuit Board Market, Global, 2021 - 2031 (US$M)
- Figure 10-40: Leading Competitors, Pulse Oximetry Monitoring Market, Global, 2024
