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.
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™ pulse oximetry systems.
2 Masimo
- Second-leading competitor, offering advanced solutions such as Rainbow® Pulse CO-Oximetry™ and Rainbow® Acoustic Monitoring™. 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
- Internal Database
Table of Contents
- Executive Summary
- Global Pulse Oximetry Monitoring Market Overview
- Competitive Analysis
- Market Segmentation
- Regions Included
- Introduction
- Types of Oxygen Saturation Monitoring
- Limitations of Pulse Oximetry
- Emerging Technology: Laser Pulse Oximetry
- Market Overview
- By Segment
- By Region
- Market Analysis and Forecast
- Pulse Oximetry Monitor Market
- Bedside Monitor Market
- Handheld Monitor Market
- Fingertip Monitor Market
- Pulse Oximetry Sensor Market
- Disposable Pulse Oximetry Sensor Market
- Reusable Pulse Oximetry Sensor Market
- OEM Circuit Board Market
- Drivers and Limiters
- Market Drivers
- Market Limiters
- Competitive Market Share Analysis
- Pulse Oximetry Monitoring Market, Global, 2024 & 2031
- Pulse Oximetry Monitoring Units Sold, Global, 2024
- Pulse Oximetry Monitoring Market by Segment, Global, 2021 - 2031
- Pulse Oximetry Monitoring Market by Region, Global, 2021 - 2031
- Leading Competitors, Pulse Oximetry Monitoring Market, Global, 2024
- Pulse Oximetry Monitoring Market Segmentation
- Pulse Oximetry Monitoring Regions Covered, Global
- Pulse Oximetry Monitoring Market by Segment, Global, 2021 - 2031 (US$M)
- Pulse Oximetry Monitoring Market by Region, Global, 2021 - 2031 (US$M)
- Pulse Oximetry Monitor Market by Segment, Global, 2021 - 2031 (US$M)
- Total Pulse Oximetry Monitor Market, Global, 2021 - 2031
- Units Sold by Region, Pulse Oximetry Monitor Market, Global, 2021 - 2031
- Average Selling Price by Region, Pulse Oximetry Monitor Market, Global, 2021 - 2031 (US$)
- Market Value by Region, Pulse Oximetry Monitor Market, Global, 2021 - 2031 (US$M)
- Bedside Monitor Market, Global, 2021 - 2031
- Units Sold by Region, Bedside Monitor Market, Global, 2021 - 2031
- Average Selling Price by Region, Bedside Monitor Market, Global, 2021 - 2031 (US$)
- Market Value by Region, Bedside Monitor Market, Global, 2021 - 2031 (US$M)
- Handheld Monitor Market, Global, 2021 - 2031
- Units Sold by Region, Handheld Monitor Market, Global, 2021 - 2031
- Average Selling Price by Region, Handheld Monitor Market, Global, 2021 - 2031 (US$)
- Market Value by Region, Handheld Monitor Market, Global, 2021 - 2031 (US$M)
- Fingertip Monitor Market, Global, 2021 - 2031
- Units Sold by Region, Fingertip Monitor Market, Global, 2021 - 2031
- Average Selling Price by Region, Fingertip Monitor Market, Global, 2021 - 2031 (US$)
- Market Value by Region, Fingertip Monitor Market, Global, 2021 - 2031 (US$M)
- Pulse Oximetry Sensor Market by Segment, Global, 2021 - 2031 (US$M)
- Total Pulse Oximetry Sensor Market, Global, 2021 - 2031
- Units Sold by Region, Pulse Oximetry Sensor Market, Global, 2021 - 2031
- Average Selling Price by Region, Pulse Oximetry Sensor Market, Global, 2021 - 2031 (US$)
- Market Value by Region, Pulse Oximetry Sensor Market, Global, 2021 - 2031 (US$M)
- Disposable Pulse Oximetry Sensor Market, Global, 2021 - 2031
- Units Sold by Region, Disposable Pulse Oximetry Sensor Market, Global, 2021 - 2031
- Average Selling Price by Region, Disposable Pulse Oximetry Sensor Market, Global, 2021 - 2031 (US$)
- Market Value by Region, Disposable Pulse Oximetry Sensor Market, Global, 2021 - 2031 (US$M)
- Reusable Pulse Oximetry Sensor Market, Global, 2021 - 2031
- Units Sold by Region, Reusable Pulse Oximetry Sensor Market, Global, 2021 - 2031
- Average Selling Price by Region, Reusable Pulse Oximetry Sensor Market, Global, 2021 - 2031 (US$)
- Market Value by Region, Reusable Pulse Oximetry Sensor Market, Global, 2021 - 2031 (US$M)
- OEM Circuit Board Market, Global, 2021 - 2031
- Units Sold by Region, OEM Circuit Board Market, Global, 2021 - 2031
- Average Selling Price by Region, OEM Circuit Board Market, Global, 2021 - 2031 (US$)
- Market Value by Region, OEM Circuit Board Market, Global, 2021 - 2031 (US$M)
- Leading Competitors, Pulse Oximetry Monitoring Market, Global, 2024
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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
