July 20, 2024

Pulse Oximeters Market Size, Share, Growth and Manufacture Development Analysis by 2021-2027

The global Pulse Oximeters market size is expected to surpass around US$ 3.1 billion by 2027 and the market is expected to garner growth at a CAGR of 6.9% over the forecast period 2021 to 2027.

The Pulse Oximeters market report covers a detailed analysis for the historic period 2017-2020, considering 2021 as the base year and forecast (growth) for 2021-2027.

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Why Pulse Oximeter?

A pulse oximeter is an electronic device that is extensively used to monitor the amount of oxygen in the blood as well as to track the pulse rate. Furthermore, undiagnosed or untreated hypoxemia may lead to shortness of breath, rapid breathing, dizziness, lack of coordination, and visual disorders. A pulse oximeter provides numerous assistances like valuable acumens regarding oxygen saturation percentage, notifying inferior oxygen levels on anesthesia state, and surveillance of breathing motion of neonates under particular drugs.

In addition, the pulse oximeter has the ability to act as a diagnostic device in respiratory and cardiac diseases. Moreover, the simplicity of usage and ability to deliver constant and instant oxygen saturation values has made pulse oximeters of acute prominence in emergency medical care or first aid. Pulse oximeters are beneficial for patients with a cardiac problem, respiratory problems, and chronic obstructive pulmonary diseases.

Market Report Scope

Report CoverageDetails
Market SizeUS$ 3.1 Billion by 2027
Growth RateCAGR of 6.9% From 2020 to 2027
Base Year2020
Historic Data2017 to 2020
Forecast Period2021 to 2027

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Market Overview

A recent study by Precedence Research on the Pulse Oximeters market offers a forecast for 2021 and 2027. The study analyzes crucial trends that are currently determining the growth of the Pulse Oximeters market. This report explicates on vital dynamics such as the drivers, restraints, and opportunities for key market players, along with key stakeholders as well as emerging players associated with the manufacturing of Pulse Oximeters. The study also provides the dynamics that are responsible for influencing the future status of the Pulse Oximeters market over the forecast period.

A detailed assessment of the Pulse Oximeters market value chain analysis, business execution, and supply chain analysis across regional markets has been covered in the report. A list of prominent companies operating in the Pulse Oximeters market along with their product portfolio enhances the reliability of this comprehensive research study.

Report Highlights

  • Demand for fingertip pulse oximeters has perceived a substantial spike during the first quarter of 2020 owed to proliferating COVID-19 pandemic
  • Handheld pulse oximeters are projected to be in high demand during the COVID-19 epidemic, as these devices are more accurate and come with probes that can be used for individual patients to limit the spread of the virus
  • There is mounting inclination in the practice of oxygen saturation monitors in home healthcare settings because of the enlargement of the homecare sector. Hospitals and nursing care centers are obtaining the medical device to take better care to their patients.
  • The pulse oximeters industry is also witnessing mergers, acquisitions, and licensing agreements.
  • Pulse oximeters market is budding substantially with the intensifying application of wearable devices and mobile-based platforms to establish the level of oxygen saturation in the patients.

Regional Snapshots

Worldwide, North America conquered the pulse oximeter market with majority revenue share due to augmented elderly population, improved healthcare system, and the existence of lively American Academy of Pediatrics, which approves the product in a great way. All this together will boost substantial growth in the global pulse oximeters market. Furthermore, the higher adoption of these devices and greater consciousness amid patients and wardens are accountable for the uppermarket share of the North America region in the pulse oximeters sector. However, the Asia Pacific region is anticipated to witness significant growth during the forecast period. Oxygen saturation monitors are essential section of the regular patient observation procedures in clinics and hospitals in nations such as New Zealand and Australia.


  • To analyze and forecast the electric motor market, in terms of value and volume
  • To provide information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To define, segment, and project the size of the global electric motor market on the product type, end-use and other segments
  • To project the size of the market, with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa, and South America, with their key countries
  • To strategically analyze micro markets with respect to individual growth trends, growth prospects, and their contribution to the total market
  • To analyze opportunities in the market for stakeholders and provide a competitive landscape of the market leaders
  • To strategically profile key players and comprehensively analyze their core competencies
  • To track and analyze research & development (R&D) and competitive developments such as joint ventures, mergers & acquisitions, and new product developments in the electric motor market

Research Methodology

  • Market estimate for 2020
  • Average selling price (ASP) per region for specific product type
  • Filtrations and assortment of gathered data, to estimate the base year (2021) market size for the country
  • Gathering data from company websites, annual reports, white papers, financial reports, broker reports, investor presentations, and SEC filings
  • National government documents, statistical databases
  • News articles, press releases, and webcasts specific to companies operating in the market
  • Country wise analysis through internal and external proprietary databases, and relevant patent and regulatory databases
  • Determination of market penetration by country

Major Players Covered in this Report

The updated market research report on electric motor market allows the buyers and manufacturers to stay updated with the current market trends, ongoing happenings, and a clear picture on the market scenario. List of key players included in the research report will help the market vendors to know their market position and plan more operational strategies to gain topmost position among other players. The report offers crucial company information on each market player, such as company profile, financial information, and recently adopted growth strategies. This will help other existing players and the new entrants to plan strategies and establish their presence in the market.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

  • Company Overview
  • Company Market Share/Positioning Analysis
  • Product Offerings
  • Financial Performance
  • Recent Initiatives
  • Key Strategies Adopted by Players
  • Vendor Landscape
  • List of Suppliers
  • List of Buyers

Major key players operating in the market are

  • Smiths Group plc.
  • Halmaplc
  • Koninklijke Philips N.V.
  • Medtronic plc
  • Nihon Kohden Corporation
  • Masimo Corporation
  • Contec Medical Systems Co., Ltd.
  • Omron healthcare, Inc.
  • General Electric Company
  • Nonin Medical, Inc.

Segments Covered in the Report

By Product Type

  • Handheld Oximeters
  • Fingertip Oximeters
  • TabletopOximeters

By End-user

  • Ambulatory Surgical Centers
  • Hospitals
  • Home Healthcares

By Regional Outlook

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Rest of the World

Why should you invest in this report?

If you are aiming to enter the global Pulse Oximeters market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for Pulse Oximeters are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027, so that you can plan your strategies to enter this market accordingly. Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.


Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape List of Suppliers List of Buyers

Chapter 7. Global Pulse Oximeters Market, By Product

7.1. Pulse Oximeters Market, by Product Type, 2020-2027
7.1.1. Handheld Oximeters Market Revenue and Forecast (2016-2027)
7.1.2. Fingertip Oximeters Market Revenue and Forecast (2016-2027)
7.1.3. Tabletop Oximeters Market Revenue and Forecast (2016-2027)

Chapter 8. Global Pulse Oximeters Market, By End-user

8.1. Pulse Oximeters Market, by End-user, 2020-2027
8.1.1. Ambulatory Surgical Centers Market Revenue and Forecast (2016-2027)
8.1.2. Hospitals Market Revenue and Forecast (2016-2027)
8.1.3. Home Healthcares Market Revenue and Forecast (2016-2027)

Chapter 9. Global Pulse Oximeters Market, Regional Estimates and Trend Forecast

9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.2. Market Revenue and Forecast, by End-user (2016-2027)
9.1.3. U.S. Market Revenue and Forecast, by Product (2016-2027) Market Revenue and Forecast, by End-user (2016-2027)
9.1.4. Rest of North America Market Revenue and Forecast, by Product (2016-2027) Market Revenue and Forecast, by End-user (2016-2027)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.2. Market Revenue and Forecast, by End-user (2016-2027)
9.2.3. UK Market Revenue and Forecast, by Product (2016-2027) Market Revenue and Forecast, by End-user (2016-2027)
9.2.4. Germany Market Revenue and Forecast, by Product (2016-2027) Market Revenue and Forecast, by End-user (2016-2027)
9.2.5. France Market Revenue and Forecast, by Product (2016-2027) Market Revenue and Forecast, by End-user (2016-2027)
9.2.6. Rest of Europe Market Revenue and Forecast, by Product (2016-2027) Market Revenue and Forecast, by End-user (2016-2027)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.2. Market Revenue and Forecast, by End-user (2016-2027)
9.3.3. India Market Revenue and Forecast, by Product (2016-2027) Market Revenue and Forecast, by End-user (2016-2027)
9.3.4. China Market Revenue and Forecast, by Product (2016-2027) Market Revenue and Forecast, by End-user (2016-2027)
9.3.5. Japan Market Revenue and Forecast, by Product (2016-2027) Market Revenue and Forecast, by End-user (2016-2027)
9.3.6. Rest of APAC Market Revenue and Forecast, by Product (2016-2027) Market Revenue and Forecast, by End-user (2016-2027)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.2. Market Revenue and Forecast, by End-user (2016-2027)
9.4.3. GCC Market Revenue and Forecast, by Product (2016-2027) Market Revenue and Forecast, by End-user (2016-2027)
9.4.4. North Africa Market Revenue and Forecast, by Product (2016-2027) Market Revenue and Forecast, by End-user (2016-2027)
9.4.5. South Africa Market Revenue and Forecast, by Product (2016-2027) Market Revenue and Forecast, by End-user (2016-2027)
9.4.6. Rest of MEA Market Revenue and Forecast, by Product (2016-2027) Market Revenue and Forecast, by End-user (2016-2027)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.2. Market Revenue and Forecast, by End-user (2016-2027)
9.5.3. Brazil Market Revenue and Forecast, by Product (2016-2027) Market Revenue and Forecast, by End-user (2016-2027)
9.5.4. Rest of LATAM Market Revenue and Forecast, by Product (2016-2027) Market Revenue and Forecast, by End-user (2016-2027)

Chapter 10. Company Profiles

10.1. Smiths Group plc.
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Halmaplc
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Koninklijke Philips N.V.
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Medtronic plc
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Nihon Kohden Corporation
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Masimo Corporation
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Contec Medical Systems Co., Ltd.
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Omron healthcare, Inc.
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. General Electric Company
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Nonin Medical, Inc.
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions

Chapter 12. Appendix

12.1. About Us
12.2. Glossary of Terms

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Janet Edward

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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