Pulse Oximetry Market Size, Share & Trend Analysis | Global | 2025-2031 | MedCore | Includes: Pulse Oximetry Monitors and Pulse Oximetry Sensors

  • Year: 2025
  • Scope: 10 Years
  • Region: Global
  • Published Date: 12/23/2024
  • Type: MedCore

Product Description

The global pulse oximetry monitoring market was valued at $2.5 billion in 2024. This is expected to increase over the forecast period at a CAGR of 2.0% to reach nearly $2.9 billion.

The full report suite on the global market for pulse oximetry monitoring includes pulse oximetry monitors and pulse oximetry sensors.

MARKET REPORT DATA TYPES INCLUDED

  • Unit SalesAverage Selling PricesMarket Size & Growth Trends
  • Market Drivers & Limiters
  • Market Forecasts Until 2031, and Historical Data to 2021
  • Recent Mergers & Acquisitions
  • Company Profiles and Product Portfolios
  • Leading Competitors

GLOBAL PULSE OXIMETRY MONITORING MARKET TRENDS

Global Pulse Oximetry Monitoring Market Growth

The number of indications for pulse oximetry in healthcare is increasing, particularly with the expansion of low-acuity monitoring in hospitals and the growing use of finger pulse oximeters. These devices are also low cost, which enables more sites and patients to purchase smaller-scale devices. Pulse oximetry monitoring is a standard of care in critically ill patients and is seeing increased adoption in primary care, emergency and ambulatory healthcare settings.

GLOBAL PULSE OXIMETRY MONITORING MARKET SHARE INSIGHTSTop Global Pulse Oximetry Monitoring Market Share Leaders

  • Medtronic led the total pulse oximetry monitoring market in 2024 and was also the leading competitor in North America and Western Europe while holding a second-leading position in the rest-of-the-world markets. Medtronic is a large multinational corporation that is able to leverage its size and globally recognized brand to compete in the pulse oximetry market in most countries in the world.
  • Masimo was the second-leading competitor in the global pulse oximetry monitoring market in 2024. Masimo competed closely with Medtronic, both on a global scale and in individual regions. Masimo develops sophisticated technology, including the Rainbow® Pulse CO-Oximetry™ and Rainbow® Acoustic Monitoring™. In addition to SpO2 monitoring, the Rainbow® SET® (signal extraction technology) platform allows for the measurement of respiration rate and blood constituents that previously could only be measured through invasive tests, such as hemoglobin (SpHb®) and fluid responsiveness Pleth Variability Index® (PVI®). This technology is integrated within Masimo’s stand-alone patient monitors as well as its device board for inclusion in other original equipment manufacturer (OEM) devices.
  • Nonin Medical was a distant third-leading competitor in the global pulse oximetry market in 2024. The company generates a sizable amount of revenue due its share of the dominant North American market. The company also has a sizable share of the Western Europe market, but the region also has a much smaller overall size compared with North America. Nonin was a minor competitor in the rest of the world.

GLOBAL PULSE OXIMETRY MONITORING MARKET SEGMENTATION

  • Surface-Pad Market – Further Segmented Into:
    • Device Type: Machine, and Accessories.
  • Intravascular Market – Further Segmented Into:
    • Device Type: Machine, and Accessories.

GLOBAL RESEARCH SCOPE

Report Attribute Details
Regions North America (Canada, United States)
Latin America (Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Guatemala, Mexico, Panama, Paraguay, Peru, Puerto Rico, Uruguay, Venezuela)
Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, United Kingdom)
Central & Eastern Europe (Azerbaijan, Baltic States, Belarus, Bulgaria, Croatia, Czech Republic, Georgia, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Turkey, Ukraine)
Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates)
Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Kyrgyzstan, Macao, Malaysia, Mongolia, Myanmar, New Zealand, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Uzbekistan, Vietnam)
Africa (Algeria, Egypt, Ethiopia, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
Base Year  2024
Forecast  2025-2031
Historical Data  2021-2023
Quantitative Coverage Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
Qualitative Coverage COVID19 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.

 

FREE Sample Report

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
10.5 Drivers and Limiters
10.5.1 Market Drivers
10.5.2 Market Limiters
10.6 Competitive Market Share Analysis
· 3M · Lanaform
· A&D Medical · Leonard Lang
· Abbott · Lessa
· Adroit Medical Systems · LG CNS
· Advanced Brain Monitoring · Luckcome
· Advantage Home Telehealth · Masimo
· AEON Global · McKesson
· Aerotel Medical · MedDyne
· Ambio Health · Mediaid Inc
· Ambu · Mediana
· AMD Global Telemedicine · Medico Electrodes
· Amwell · Medicomp systems
· Analogic Corporation · Medifit Instruments
· Atys Medical · Medis
· August Surgical · MEDISANA GmbH
· B. Braun · Medisanté AG
· Baxter · Meditrace
· Becton Dickinson · Medlab GmbH
· Belmont · Medline
· Beurer · Medocity
· Biocare · Medtronic
· Biolight · Mennen Medical
· Bionen · Microlife
· Bionet · Micromed
· Biotronik · Midmark
· Constant Care Technology · Pirrone
· Contec Medical Systems · Polymap Wireless
· Cooper Surgical · Premier Value
· Criticare Systems · Progetti Medical
· Daray Medical · Promed Medical
· Datascope · Prothia
· Deltex Medical · Qardio
· Devon Medical · Retia Medical
· Dexcom · RGB Medical
· DIXION · RMS Medical
· Docobo Ltd · Rochester Medical
· Dormo · Rudolf Riester
· Drager Medical · Samsung
· EBNeuro · Santamedical
· EDAN Instruments · Schiller
· EGI · ScottCare
· Electro Geodesics · Seca
· Elmiko · SEI EMG S.r.l
· EMD Biomedical · Shimmer
· EMS Biomedical · Siemens
· Enthermics · Spacelabs Healthcare
· Entra Health · Spengler
· Esaote · Spes Medica
· Fukuda Denshi · Startech
· GE Healthcare · Stryker
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
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

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