Latest News- Pulse Oximetry Market: Bedside/desktop pulse oximeters is expected to lead the Product segment during 2024-2028

The Pulse Oximetry Market is being driven by Increasing prevalence of chronic respiratory diseases

The Pulse Oximetry Market is expected to grow at a CAGR of 8.09% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 1189.5 million. In response to the rising trend of pulse oximetry devices in home healthcare, market vendors have shifted their focus towards online marketing strategies to boost sales. Companies such as Masimo have amplified their online presence through social media platforms like Twitter and Facebook. Additionally, many vendors are embracing e-commerce channels to broaden their reach beyond traditional buyers, including clinics and hospitals, and cater to the growing home healthcare consumer base. These marketing tactics aim to capitalize on the increasing demand for pulse oximetry devices in non-clinical settings. 

Get more information on Pulse Oximetry Market by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Bedside/desktop pulse oximeters
  • Handheld pulse oximeters
  • Fingertip pulse oximeters
  • Wrist-worn pulse oximeters
• End-user
  • Hospitals and clinics
  • Alternative care settings
• Geography
  • North America
    • US
  • Europe
    • Germany
    • UK
  • Asia
    • China
    • Japan
  • Rest of World (ROW)

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing prevalence of chronic respiratory diseases
• Increasing demand for wireless pulse oximeters
• Guidelines that recommend use of pulse oximeters

However, the market also witnesses some limitations, which are as follows:

• Limitations and complications associated with pulse oximeters
• Data privacy issues in wearable pulse oximeters
• Growing design constraints in pulse oximeters

Benefits of Buying Global Pulse Oximetry Market Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Pulse Oximetry Market Research Report

Request Free Sample

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

The Pulse Oximetry Market encompasses patient monitoring devices, including wrist and fingertip models, used to measure oxygen saturation levels in various populations, such as geriatric, pediatric, and neonatal. Technological advancements have led to the development of wireless Bluetooth and wireless pulse oximeters for vital stats monitoring in critical care, anesthesia, respiratory disorders, childbirth, surgery, and home care. These devices enhance patient safety by enabling proactive monitoring for morbidity and mortality risks, particularly during coronavirus outbreaks. Home consumers and clinicians benefit from remote monitoring capabilities, making pulse oximetry an essential tool for vital signs assessment in diverse settings.

Market Research Overview

The Pulse Oximetry Market is a significant segment of the global healthcare equipment industry, focusing on patient monitoring devices, specifically those measuring oxygen saturation levels. This market encompasses both wired and wireless devices, including Bluetooth-enabled models. The aging population's growing morbidity and mortality necessitate continuous health monitoring, making pulse oximetry devices increasingly indispensable. Technavio, a leading market research firm, classifies this market within the broader healthcare equipment sector, which includes manufacturers of capital equipment, instruments, implants, accessories, and consumables used for disease diagnosis, monitoring, and treatment. The global healthcare equipment market's size is determined by the combined revenue generated by these manufacturers. Pulse oximetry devices, characterized by their repositionability, silicon adhesive, and advanced signal acquisition technology, represent a vital subsegment of this market.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/