Pulse Oximeters Market to Reach US$ 2.71 Billion by 2031, Driven by Respiratory Care Demand and Growth in Home Monitoring | QY Research

Market Summary -

The global Pulse Oximeters Market is experiencing steady expansion as healthcare providers and consumers increasingly rely on non-invasive monitoring solutions for respiratory and cardiovascular care. According to the latest report titled "Pulse Oximeters Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031," the market was valued at US$ 1,897 million in 2024 and is projected to reach US$ 2,712 million by 2031, growing at a CAGR of 5.6% during the forecast period from 2025 to 2031.

Pulse oximeters are non-invasive medical devices that measure blood oxygen saturation (SpO2) and pulse rate using red and infrared light sensors. Typically clipped onto a fingertip, toe, or earlobe, these devices are widely used across hospitals, clinics, and home care settings. They play a critical role in anesthesia, emergency medicine, intensive care, and routine monitoring of patients with respiratory and cardiovascular conditions.

Get Full PDF Sample Copy of the Report: (Including Full TOC, Tables & Charts): https://qyresearch.in/request-sample/medical-devices-consumables-pulse-oximeters-market-share-and-ranking-overall-sales-and-demand-forecast-2025-2031

Market Drivers and Industry Dynamics -

The pulse oximeters market is primarily driven by the rising global prevalence of respiratory disorders, including asthma, chronic obstructive pulmonary disease (COPD), and pneumonia, along with sustained demand for post-COVID-19 oxygen monitoring. Aging populations and increased healthcare expenditure are further supporting adoption, particularly for portable and easy-to-use devices.

The growing shift toward home-based patient care has significantly boosted demand for fingertip and wearable pulse oximeters, enabling continuous or spot-check monitoring outside traditional clinical environments. In addition, government recommendations and public health campaigns encouraging regular oxygen level monitoring-especially during infectious disease outbreaks-have accelerated adoption across both professional and consumer segments.

The report also evaluates the impact of recent tariff adjustments and international strategic countermeasures, which are influencing global manufacturing footprints, supply chain strategies, and regional market dynamics for pulse oximeters.

Competitive Landscape -

The global pulse oximeters market is competitive, with a mix of established medical device manufacturers and regional suppliers. Leading companies profiled in the report include Masimo, Medtronic, Philips, GE Healthcare, Nonin Medical, and several emerging manufacturers from Asia-Pacific. Competition increasingly centers on measurement accuracy, regulatory compliance, connectivity features, and user-friendly design.

Masimo
Medtronic
Philips
Nonin Medical
GE Healthcare
Smiths Medical
Konica Minolta
Contec
HealForce
ChoiceMMed
Yuwell
Mindray
Konsung
Edan
BLT
Cofoe
BEURER

Market Challenges -

Despite strong demand, the pulse oximeters market faces several challenges. Measurement inaccuracies caused by factors such as skin pigmentation, nail polish, ambient light, or patient movement can affect clinical confidence and diagnostic reliability. At the same time, heightened regulatory scrutiny-including requirements from the FDA and EU MDR-has increased compliance costs and extended approval timelines, particularly for consumer-grade devices.

The market is also crowded with low-cost, unregulated products, especially in developing regions, creating challenges for reputable brands in maintaining quality standards, differentiation, and sustainable profit margins.

Regional and Segment Insights -

North America and Europe remain key markets due to advanced healthcare infrastructure, higher awareness of remote monitoring, and strong regulatory frameworks. Asia-Pacific is emerging as a high-growth region, supported by expanding healthcare access, rising chronic disease burden, and increasing adoption of affordable monitoring devices.

By product type, fingertip pulse oximeters account for a significant share due to their portability and ease of use, while handheld oximeters remain important in hospital and clinical environments. In terms of application, hospitals represent the largest segment, followed by clinics and home care, reflecting the ongoing decentralization of patient monitoring.

Scope of the Report -

This report provides a comprehensive analysis of the global pulse oximeters market, covering sales volume (thousand units), sales revenue (US$ million), pricing trends, and company market share and ranking. It delivers detailed insights by region and country, by type, and by application, with 2024 as the base year, historical data from 2020 to 2024, and forecasts through 2031. Combining quantitative metrics with qualitative insights, the study supports stakeholders in evaluating competitive dynamics, identifying growth opportunities, and making informed strategic decisions in the evolving pulse oximeters market.

Market Segmentation and Regional -

By Type

Handheld Oximeter
Fingertip Oximeter
Other

By Application

Hospital
Clinic
Home Care

The report provides valuable insights into the key segments of the global Pulse Oximeters market, with a strong focus on CAGR, market size, market share, and future growth potential. The market is comprehensively segmented by product type, application, and region, with each segment thoroughly analyzed to identify growth prospects, demand patterns, and emerging trends. This detailed segmental analysis plays a crucial role in uncovering high-growth and high-return opportunities across the market. By offering precise data on product- and application-level demand, the report enables businesses to prioritize profitable segments and develop targeted strategies within the global Pulse Oximeters market.

Regional Analysis -

✔ North America (U.S., Canada, China)
✔ Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
✔ Asia-Pacific (Japan, South Korea, China Taiwan, Southeast Asia, India)
✔ Middle East, Africa, Latin America (Brazil, Mexico, Turkey, Israel, GCC Countries)

Reasons to Procure this Report: -

►The research would help top administration/policymakers/professionals/product advancements/sales managers and stakeholders in this market in the following ways.

►The report provides Pulse Oximeters market revenues at the worldwide, regional, and country-level with a complete analysis to 2028 permitting companies to analyze their market share and analyze projections, and find new markets to aim.

►The research includes the Pulse Oximeters market split by different types, applications, technologies, and end-uses. This segmentation helps leaders plan their products and finances based on the upcoming development rates of each segment.

►Pulse Oximeters market analysis benefits investors by knowing the scope and position of the market giving them information on key drivers, challenges, restraints, and expansion chances of the market and moderate threats.

►This report would help to understand competition better with a detailed analysis and key strategies of their competitors and plan their position in the business.

►The study helps evaluate Pulse Oximeters business predictions by region, key countries, and top companies' information to channel their investments.

Key questions answered in the report include:

►This Pulse Oximeters report gives all the information about the industry analysis, revenue, and overview, of this market.

►What will be the rate of increase in Pulse Oximeters market size and growth rate by the end of the forecast period?

►What are the major global Pulse Oximeters market trends influencing the development of the market?

►What are the vital results of SWOT analysis of the major players operating in the Pulse Oximeters market?

►What are the potential growth opportunities and threats faced by Major competitors in the Pulse Oximeters market?

►What are the market opportunities and threats faced by vendors in the Global Pulse Oximeters market?

Request for Pre-Order / Enquiry Link: https://qyresearch.in/pre-order-inquiry/medical-devices-consumables-pulse-oximeters-market-share-and-ranking-overall-sales-and-demand-forecast-2025-2031

Table of Contents - Major Key Points:

1 Market Overview
1.1 Pulse Oximeters Product Introduction
1.2 Global Pulse Oximeters Market Size Forecast
1.2.1 Global Pulse Oximeters Sales Value (2020-2031)
1.2.2 Global Pulse Oximeters Sales Volume (2020-2031)
1.2.3 Global Pulse Oximeters Sales Price (2020-2031)
1.3 Pulse Oximeters Market Trends & Drivers
1.3.1 Pulse Oximeters Industry Trends
1.3.2 Pulse Oximeters Market Drivers & Opportunity
1.3.3 Pulse Oximeters Market Challenges
1.3.4 Pulse Oximeters Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Pulse Oximeters Players Revenue Ranking (2024)
2.2 Global Pulse Oximeters Revenue by Company (2020-2025)
2.3 Global Pulse Oximeters Players Sales Volume Ranking (2024)
2.4 Global Pulse Oximeters Sales Volume by Company Players (2020-2025)
2.5 Global Pulse Oximeters Average Price by Company (2020-2025)
2.6 Key Manufacturers Pulse Oximeters Manufacturing Base and Headquarters
2.7 Key Manufacturers Pulse Oximeters Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Pulse Oximeters
2.9 Pulse Oximeters Market Competitive Analysis
2.9.1 Pulse Oximeters Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Pulse Oximeters Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Pulse Oximeters as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Handheld Oximeter
3.1.2 Fingertip Oximeter
3.1.3 Other
3.2 Global Pulse Oximeters Sales Value by Type
3.2.1 Global Pulse Oximeters Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Pulse Oximeters Sales Value, by Type (2020-2031)
3.2.3 Global Pulse Oximeters Sales Value, by Type (%) (2020-2031)
3.3 Global Pulse Oximeters Sales Volume by Type
3.3.1 Global Pulse Oximeters Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Pulse Oximeters Sales Volume, by Type (2020-2031)
3.3.3 Global Pulse Oximeters Sales Volume, by Type (%) (2020-2031)
3.4 Global Pulse Oximeters Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Hospital
4.1.2 Clinic
4.1.3 Home Care
4.2 Global Pulse Oximeters Sales Value by Application
4.2.1 Global Pulse Oximeters Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Pulse Oximeters Sales Value, by Application (2020-2031)
4.2.3 Global Pulse Oximeters Sales Value, by Application (%) (2020-2031)
4.3 Global Pulse Oximeters Sales Volume by Application
4.3.1 Global Pulse Oximeters Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Pulse Oximeters Sales Volume, by Application (2020-2031)
4.3.3 Global Pulse Oximeters Sales Volume, by Application (%) (2020-2031)
4.4 Global Pulse Oximeters Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Pulse Oximeters Sales Value by Region
5.1.1 Global Pulse Oximeters Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Pulse Oximeters Sales Value by Region (2020-2025)
5.1.3 Global Pulse Oximeters Sales Value by Region (2026-2031)
5.1.4 Global Pulse Oximeters Sales Value by Region (%), (2020-2031)
5.2 Global Pulse Oximeters Sales Volume by Region
5.2.1 Global Pulse Oximeters Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Pulse Oximeters Sales Volume by Region (2020-2025)
5.2.3 Global Pulse Oximeters Sales Volume by Region (2026-2031)
5.2.4 Global Pulse Oximeters Sales Volume by Region (%), (2020-2031)
5.3 Global Pulse Oximeters Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Pulse Oximeters Sales Value, 2020-2031
5.4.2 North America Pulse Oximeters Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Pulse Oximeters Sales Value, 2020-2031
5.5.2 Europe Pulse Oximeters Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Pulse Oximeters Sales Value, 2020-2031
5.6.2 Asia Pacific Pulse Oximeters Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Pulse Oximeters Sales Value, 2020-2031
5.7.2 South America Pulse Oximeters Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Pulse Oximeters Sales Value, 2020-2031
5.8.2 Middle East & Africa Pulse Oximeters Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Pulse Oximeters Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Pulse Oximeters Sales Value and Sales Volume
6.2.1 Key Countries/Regions Pulse Oximeters Sales Value, 2020-2031
6.2.2 Key Countries/Regions Pulse Oximeters Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Pulse Oximeters Sales Value, 2020-2031
6.3.2 United States Pulse Oximeters Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Pulse Oximeters Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Pulse Oximeters Sales Value, 2020-2031
6.4.2 Europe Pulse Oximeters Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Pulse Oximeters Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Pulse Oximeters Sales Value, 2020-2031
6.5.2 China Pulse Oximeters Sales Value by Type (%), 2024 VS 2031
6.5.3 China Pulse Oximeters Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Pulse Oximeters Sales Value, 2020-2031
6.6.2 Japan Pulse Oximeters Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Pulse Oximeters Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Pulse Oximeters Sales Value, 2020-2031
6.7.2 South Korea Pulse Oximeters Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Pulse Oximeters Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Pulse Oximeters Sales Value, 2020-2031
6.8.2 Southeast Asia Pulse Oximeters Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Pulse Oximeters Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Pulse Oximeters Sales Value, 2020-2031
6.9.2 India Pulse Oximeters Sales Value by Type (%), 2024 VS 2031
6.9.3 India Pulse Oximeters Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Masimo
7.1.1 Masimo Company Information
7.1.2 Masimo Introduction and Business Overview
7.1.3 Masimo Pulse Oximeters Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Masimo Pulse Oximeters Product Offerings
7.1.5 Masimo Recent Development
7.2 Medtronic
7.2.1 Medtronic Company Information
7.2.2 Medtronic Introduction and Business Overview
7.2.3 Medtronic Pulse Oximeters Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Medtronic Pulse Oximeters Product Offerings
7.2.5 Medtronic Recent Development
7.3 Philips
7.3.1 Philips Company Information
7.3.2 Philips Introduction and Business Overview
7.3.3 Philips Pulse Oximeters Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Philips Pulse Oximeters Product Offerings
7.3.5 Philips Recent Development
7.4 Nonin Medical
7.4.1 Nonin Medical Company Information
7.4.2 Nonin Medical Introduction and Business Overview
7.4.3 Nonin Medical Pulse Oximeters Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Nonin Medical Pulse Oximeters Product Offerings
7.4.5 Nonin Medical Recent Development
7.5 GE Healthcare
7.5.1 GE Healthcare Company Information
7.5.2 GE Healthcare Introduction and Business Overview
7.5.3 GE Healthcare Pulse Oximeters Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 GE Healthcare Pulse Oximeters Product Offerings
7.5.5 GE Healthcare Recent Development
7.6 Smiths Medical
7.6.1 Smiths Medical Company Information
7.6.2 Smiths Medical Introduction and Business Overview
7.6.3 Smiths Medical Pulse Oximeters Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Smiths Medical Pulse Oximeters Product Offerings
7.6.5 Smiths Medical Recent Development
7.7 Konica Minolta
7.7.1 Konica Minolta Company Information
7.7.2 Konica Minolta Introduction and Business Overview
7.7.3 Konica Minolta Pulse Oximeters Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Konica Minolta Pulse Oximeters Product Offerings
7.7.5 Konica Minolta Recent Development
7.8 Contec
7.8.1 Contec Company Information
7.8.2 Contec Introduction and Business Overview
7.8.3 Contec Pulse Oximeters Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Contec Pulse Oximeters Product Offerings
7.8.5 Contec Recent Development
7.9 HealForce
7.9.1 HealForce Company Information
7.9.2 HealForce Introduction and Business Overview
7.9.3 HealForce Pulse Oximeters Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 HealForce Pulse Oximeters Product Offerings
7.9.5 HealForce Recent Development
7.10 ChoiceMMed
7.10.1 ChoiceMMed Company Information
7.10.2 ChoiceMMed Introduction and Business Overview
7.10.3 ChoiceMMed Pulse Oximeters Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 ChoiceMMed Pulse Oximeters Product Offerings
7.10.5 ChoiceMMed Recent Development
7.11 Yuwell
7.11.1 Yuwell Company Information
7.11.2 Yuwell Introduction and Business Overview
7.11.3 Yuwell Pulse Oximeters Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 Yuwell Pulse Oximeters Product Offerings
7.11.5 Yuwell Recent Development
7.12 Mindray
7.12.1 Mindray Company Information
7.12.2 Mindray Introduction and Business Overview
7.12.3 Mindray Pulse Oximeters Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 Mindray Pulse Oximeters Product Offerings
7.12.5 Mindray Recent Development
7.13 Konsung
7.13.1 Konsung Company Information
7.13.2 Konsung Introduction and Business Overview
7.13.3 Konsung Pulse Oximeters Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Konsung Pulse Oximeters Product Offerings
7.13.5 Konsung Recent Development
7.14 Edan
7.14.1 Edan Company Information
7.14.2 Edan Introduction and Business Overview
7.14.3 Edan Pulse Oximeters Sales, Revenue, Price and Gross Margin (2020-2025)
7.14.4 Edan Pulse Oximeters Product Offerings
7.14.5 Edan Recent Development
7.15 BLT
7.15.1 BLT Company Information
7.15.2 BLT Introduction and Business Overview
7.15.3 BLT Pulse Oximeters Sales, Revenue, Price and Gross Margin (2020-2025)
7.15.4 BLT Pulse Oximeters Product Offerings
7.15.5 BLT Recent Development
7.16 Cofoe
7.16.1 Cofoe Company Information
7.16.2 Cofoe Introduction and Business Overview
7.16.3 Cofoe Pulse Oximeters Sales, Revenue, Price and Gross Margin (2020-2025)
7.16.4 Cofoe Pulse Oximeters Product Offerings
7.16.5 Cofoe Recent Development
7.17 BEURER
7.17.1 BEURER Company Information
7.17.2 BEURER Introduction and Business Overview
7.17.3 BEURER Pulse Oximeters Sales, Revenue, Price and Gross Margin (2020-2025)
7.17.4 BEURER Pulse Oximeters Product Offerings
7.17.5 BEURER Recent Development
8 Industry Chain Analysis
8.1 Pulse Oximeters Industrial Chain
8.2 Pulse Oximeters Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Pulse Oximeters Sales Model
8.5.2 Sales Channel
8.5.3 Pulse Oximeters Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

About Us:

QYResearch established as a research firm in 2007 and have since grown into a trusted brand amongst many industries. Over the years, we have consistently worked toward delivering high-quality customized solutions for wide range of clients ranging from ICT to healthcare industries. With over 50,000 satisfied clients, spread over 80 countries, we have sincerely strived to deliver the best analytics through exhaustive research methodologies.

Contact Us:

Arshad Shaha | Marketing Executive

QY Research, INC.
315 Work Avenue, Raheja Woods,
Survey No. 222/1, Plot No. 25, 6th Floor,
Kayani Nagar, Yervada, Pune 411006, Maharashtra
Tel: +91-8669986909
Emails - arshad@qyrindia.com
Web - https://www.qyresearch.in

This release was published on openPR.