Latest News- Pulse Oximetry Market: Bedside/desktop pulse oximeters is expected to lead the Product segment during 2025-2029

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 8.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1355.6 million. In response to the increasing demand for pulse oximetry devices in home healthcare settings, marketing strategies for these products have evolved. Companies are expanding their online presence through social media platforms and online retailing to reach a broader consumer base. Masimo, for instance, has established official accounts on Twitter and Facebook to engage with potential customers. By embracing digital marketing tactics, these companies aim to boost sales and cater to the growing number of home-based healthcare consumers. 

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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
• Distribution Channel
  • Offline
  • Online
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • Asia
    • China
    • India
    • Japan
    • South Korea
  • 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

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Market Scope in Pulse Oximetry Market Research Report

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Research Analysis Overview

The Pulse Oximetry Market encompasses technologies that measure arterial oxygen saturation (SpO2) and pulse rate, providing valuable insights into oxygen desaturation and capillary refill time. Key performance indicators include sensor sensitivity and specificity, signal noise ratio, data acquisition rate, and data storage capacity. Power consumption, battery life, and device lifespan are essential considerations, along with maintenance intervals and calibration frequency. Ergonomics, clinical applications, and various healthcare settings, such as home healthcare, hospitals, critical care, surgical, anesthesia, neonatal, sleep apnea diagnosis, cardiac rehabilitation, post-operative care, long-term monitoring, remote patient monitoring, and telehealth, are significant markets for pulse oximetry devices.

Market Research Overview

The Pulse Oximetry Market is a significant segment of the global healthcare equipment industry, as identified by Technavio. This market is characterized by the production and sale of devices that measure SpO2 levels through plethysmography sensors and analyze photoplethysmography signals to determine oxygen saturation. These devices are classified under the diagnostic instruments category within the broader healthcare equipment market, which encompasses manufacturers of capital equipment, implants, accessories, and consumables used for disease diagnosis, monitoring, and treatment. The global healthcare equipment market size is determined by the combined revenue generated from these various product categories. The pulse oximetry market's growth is driven by factors such as increasing prevalence of chronic diseases, rising healthcare expenditures, and technological advancements in oxygen saturation monitoring.. 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/