Press release
United States Pulse Oximeter Market Size, Growth, Latest Trends and Forecast 2026-2034
Market Overview
The United States pulse oximeter market size was valued at USD 706.81 Million in 2025 and is projected to reach USD 1,620.50 Million by 2034, exhibiting a CAGR of 9.66% during the forecast period 2026-2034. Growth is driven by rising respiratory disease prevalence, an expanding geriatric population, and adoption of remote patient monitoring. Technological innovations and increased consumer awareness further fuel market expansion.
Study Assumption Years
• Base Year: 2025
• Historical Year/Period: 2020-2025
• Forecast Year/Period: 2026-2034
United States Pulse Oximeter Market Key Takeaways
• Current Market Size: USD 706.81 Million in 2025
• CAGR: 9.66% (2026-2034)
• Forecast Period: 2026-2034
• Handheld pulse oximeters dominate with 40% market share in 2025 due to versatility in healthcare and emergency care.
• Reusable sensors lead the sensor type segment with 68% share in 2025, favored for cost-effectiveness and sustainability.
• Hospitals and clinics are the largest end-use segment with 55% market share in 2025, driven by patient volumes and multi-parameter integration.
• The market shows moderate consolidation with established companies focusing on product innovation, regulatory compliance, and clinical use expansion.
• Technological advances include AI integration, wireless connectivity, and enhanced accuracy across diverse patient populations.
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United States Pulse Oximeter Market Growth Factors
The rising prevalence of chronic respiratory diseases including COPD and asthma is a primary driver of the pulse oximeter market. Approximately 16 million adults in the US are diagnosed with COPD, necessitating regular oxygen saturation monitoring for effective disease management and early exacerbation detection. The growing elderly population further amplifies demand due to increased respiratory and cardiovascular conditions requiring continuous monitoring. Healthcare providers increasingly recognize pulse oximetry as essential within chronic disease management protocols, bolstering demand across institutional and home healthcare settings.
Expansion of remote patient monitoring (RPM) programs plays a pivotal role in market growth. The current 50 million remote monitoring users in the US are projected to double by decade-end as reimbursement schemes favor value-based care and connected monitoring. Pulse oximeters with connectivity features enable real-time data transmission to health professionals, supporting proactive interventions and avoiding unnecessary hospital admissions. New coding for multifunction respiratory devices effective January 2025 enhances reimbursement eligibility, encouraging provider investments in sophisticated pulse oximetry solutions.
Technological advancements and product innovation further stimulate market growth. Manufacturers develop improved algorithms to enhance measurement fidelity under conditions like patient motion, low perfusion, and varied skin pigmentation. Artificial intelligence integration delivers predictive analytics and pattern recognition capabilities, enriching clinical decision-making. This evolution supports democratized access to medical-grade monitoring tools, fostering expanded applications and heightened device functionality suitable for diverse clinical and home care environments.
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United States Pulse Oximeter Market Segmentation
Breakup by Type:
• Fingertip Pulse Oximeters
• Handheld Pulse Oximeters
• Wrist-worn Pulse Oximeters
• Others
Handheld pulse oximeters hold a 40% market share in 2025, favored for their versatility, professional-grade accuracy, portability, durability, extended battery life, and compatibility with multiple sensor types. They serve well in emergency care, outpatient services, wellness clinics, and first-response environments, bridging gaps between stationary and basic fingertip monitors.
Breakup by Sensor Type:
• Reusable
• Disposable
Reusable sensors dominate with 68% market share in 2025, prized for long-term cost-effectiveness, sustainability, and operational reliability across thousands of patient uses. Hospitals favor reusable types for continuous monitoring and sustainability goals, supported by durability enhancements, cleaning compatibility, and superior accuracy under difficult conditions.
Breakup by End Use:
• Hospitals and Clinics
• Ambulatory Surgery Centers
• Home Healthcare
• Others
In 2025, hospitals and clinics command 55% market share, owing to acute care oxygen monitoring demands, integration in centralized systems, and standardized protocols. The segment includes emergency departments, intensive care, surgical units, outpatient clinics, and specialty care centers leveraging pulse oximetry for diagnostics and treatment.
Regional Insights
The South holds a significant market presence supported by its large population and extensive hospital network infrastructure. Elevated COPD prevalence in southern states drives robust demand for monitoring equipment across institutional and home healthcare settings. This region's healthcare infrastructure and patient load sustain consistent growth opportunities.
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Recent Developments & News
• February 2024: Masimo announced FDA approval for MightySat Medical, the first and only FDA-approved medical fingertip pulse oximeter available OTC to consumers without prescription, marking a milestone in accessible, clinical-grade monitoring.
• May 2024: Masimo partnered with Medable Inc., incorporating MightySat Rx pulse oximeter into clinical trial digital platforms across 25 countries involving 3,000+ patients in oncology indications, reflecting integration with digital health ecosystems.
• August 2024: Prevounce Health launched the Pylo OX1-LTE, a clinically validated, cellular-connected pulse oximeter designed for remote monitoring of chronic respiratory patients.
• January 2025: US FDA released new draft guidance aiming to improve accuracy and performance of pulse oximeters across diverse skin pigmentation.
Key Players
• Masimo
• Medable Inc.
• Prevounce Health
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About Us
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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