산소포화도측정기 프로브 시장 규모, 점유율, 성장 및 세계 산업 분석 : 유형별, 용도별, 지역별 인사이트와 예측(2024-2032년)

Growth Factors of pulse oximeter probes Market

The global pulse oximeter probes market continues to expand as respiratory health monitoring becomes a critical part of modern healthcare systems. In 2024, the market was valued at USD 2.70 billion, driven by the increasing prevalence of respiratory and cardiovascular diseases, higher surgical volumes, and a rising elderly population. Advancements in non-invasive patient monitoring technologies and the shift toward home-based care have also accelerated product adoption. In 2025, the market is projected to grow to USD 3.02 billion, reflecting strong demand across hospitals, ambulatory surgery centers, and home healthcare settings. By 2032, the market is expected to reach USD 6.99 billion, exhibiting a strong CAGR of 12.7% during the forecast period.

North America remained the dominant regional market in 2024 with a 59.26% market share, supported by widespread adoption of advanced patient monitoring systems, high prevalence of COPD and cardiac diseases, and well-established healthcare infrastructure. The presence of major companies-including Masimo, Medtronic, Philips, and Nonin-continues to strengthen the region's leadership position.

Market Dynamics

Drivers: Rising Burden of Respiratory Diseases

The increasing global prevalence of chronic respiratory conditions such as COPD, asthma, lung cancer, sleep apnea, and congenital heart defects continues to drive demand for accurate oxygen saturation monitoring. For instance, U.S. data shows that CHDs affect roughly one in 100 infants, with 25% diagnosed with critical congenital heart defects requiring continuous SpO2 monitoring. This rising patient volume underscores the essential role of pulse oximeter probes in hospitals, emergency care, and home health setups. The COVID-19 pandemic further expanded global awareness of oxygen monitoring, leading to unprecedented adoption of pulse oximeters during 2020-2021 before the market normalized in 2022 and recovered strongly by Q3 2023.

Restraints: Emergence of Digital Alternatives

The market faces pressure from emerging technologies such as smartwatches with SpO2 sensors, smartphone-based monitoring apps, and wearable health devices capable of multi-parameter tracking. Companies like Apple, Samsung, and Alphabet have accelerated the integration of oxygen measurement into consumer devices, creating strong competition for traditional pulse oximeter probes.

Challenges: Accuracy and Regulatory Scrutiny

Accuracy concerns-particularly for individuals with darker skin pigmentation-remain a challenge. According to FDA insights, pulse oximeter readings below 90% can vary considerably, with true saturation levels ranging between 86-94%. Regulatory bodies are working toward stricter guidelines, prompting manufacturers to improve probe sensitivity and calibration technology.

Opportunities: Expanding Healthcare Infrastructure in Emerging Economies

Countries such as India are investing heavily in healthcare modernization, with the government announcing a USD 6.8 billion credit incentive program for infrastructure expansion. Such initiatives are boosting demand for monitoring devices, including pulse oximeter probes, creating long-term opportunities for global and local manufacturers.

Market Trends

Advancements in probe technology-such as wireless connectivity, AI-enhanced accuracy, and improved compatibility with mobile devices-are reshaping the market. Innovations such as BioIntelliSense's FDA-cleared SpO2 chipset, capable of accurate readings across diverse skin tones and during patient movement, highlight the industry's shift toward smarter, more reliable monitoring tools.

The rise in remote patient monitoring, telehealth, and home-based care is further supporting demand for consumer-friendly probes. Hospitals and clinics also continue upgrading to more advanced reusable and disposable sensor systems to improve infection control and diagnostic precision.

Segmentation Insights

The reusable probe segment accounted for the largest share in 2024 due to durability, cost-efficiency, and widespread use in high-volume healthcare facilities. Disposable probes are growing rapidly as hospitals prioritize infection control.

Adults constituted the largest age-group segment, driven by high COPD and cardiac disease incidence, while pediatric demand continues to rise for neonatal monitoring.

Finger-based probes dominated the measurement site segment in 2024 due to ease of use, affordability, and broad suitability across care settings.

Hospitals and ambulatory surgery centers remained the leading end-user segment, supported by rising surgical volumes and intensive care admissions.

Regional Outlook

North America accounted for USD 1.06 billion of the global value in 2024, maintaining leadership due to high adoption of advanced monitoring technologies.

Europe holds a significant share, backed by a strong clinical infrastructure and rising chronic disease burden.

Asia Pacific is the fastest-growing region due to rapid healthcare development, increasing ICU capacity, and growing respiratory disease cases.

Latin America and the Middle East & Africa are witnessing steady growth supported by expanding healthcare investments.

Conclusion

With the market advancing from USD 2.70 billion in 2024 to a projected USD 6.99 billion by 2032, pulse oximeter probes will remain integral to global patient monitoring. Rising chronic diseases, technological innovation, and expansion of home healthcare services position this market for strong, sustained growth throughout the forecast period.

Segmentation Age Group, End-User, Measurement Size, End-user, and Region

By Product Type * Disposable

• Reusable

By Age Group * Adults

• Neonatal/Pediatric

By Measurement Site * Forehead

• Finger
• Ear
• Nose
• Others

By End-user * Hospitals and ASCs

• ICU
• Ward
• Operating Room (OR)
• Emergency Room (ER)
• ASCs
• Others
• Clinics
• Home Healthcare
• Others

By Geography * North America (By Product Type, By Age Group, By Measurement Site, By End-user, and By Country)

• U.S.
• Canada
• Europe (By Product Type, By Age Group, By Measurement Site, By End-user, and By Country/Sub-Region)
  • U.K.
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific (By Product Type, By Age Group, By Measurement Site, By End-user, and By Country/Sub-Region)
  • China
  • Japan
  • India
  • Australia
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America (By Product Type, By Age Group, By Measurement Site, By End-user, and By Country/Sub-Region)
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa (By Product Type, By Age Group, By Measurement Site, By End-user, and By Country/Sub-Region)
  • GCC
  • South Africa
  • Rest of Latin America

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities
• 3.4. Market Trends

4. Key Insights

• 4.1. Key Industry Developments (Mergers, Acquisitions, Partnerships, New Product Launches, etc.)
• 4.2. Impact of COVID-19 on the Market
• 4.3. Overview: Technological Advancements in Pulse Oximeter Probes
• 4.4. Prevalence/Incidence of Major Pulmonary Disorders, 2023
• 4.5. Average Sales Prices for Pulse Oximeter Probes: For Major Companies, By Key Countries

5. Global Pulse Oximeter Probes Market Analysis, Insights and Forecast, 2019-2032

• 5.1. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast - By Product Type
  • 5.1.1. Disposable
  • 5.1.2. Reusable
• 5.2. Market Analysis, Insights and Forecast - By Age Group
  • 5.2.1. Adults
  • 5.2.2. Neonatal/Pediatric
• 5.3. Market Analysis, Insights and Forecast - By Measurement Site
  • 5.3.1. Forehead
  • 5.3.2. Finger
  • 5.3.3. Ear
  • 5.3.4. Nose
  • 5.3.5. Others
• 5.4. Market Analysis, Insights and Forecast - By End User
  • 5.4.1. Hospitals and ASCs
    • 5.4.1.1. ICU
    • 5.4.1.2. Ward
    • 5.4.1.3. Operating Room (OR)
    • 5.4.1.4. Emergency Room (ER)
    • 5.4.1.5. ASCs
    • 5.4.1.6. Others
  • 5.4.2. Clinics
  • 5.4.3. Home Healthcare
  • 5.4.4. Others
• 5.5. Market Analysis, Insights and Forecast - By Region
  • 5.5.1. North America
  • 5.5.2. Europe
  • 5.5.3. Asia Pacific
  • 5.5.4. Latin America
  • 5.5.5. Middle East & Africa

6. North America Pulse Oximeter Probes Market Analysis, Insights and Forecast, 2019-2032

• 6.1. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast - By Product Type
  • 6.1.1. Disposable
  • 6.1.2. Reusable
• 6.2. Market Analysis, Insights and Forecast - By Age Group
  • 6.2.1. Adults
  • 6.2.2. Neonatal/Pediatric
• 6.3. Market Analysis, Insights and Forecast - By Measurement Site
  • 6.3.1. Forehead
  • 6.3.2. Finger
  • 6.3.3. Ear
  • 6.3.4. Nose
  • 6.3.5. Others
• 6.4. Market Analysis, Insights and Forecast - By End User
  • 6.4.1. Hospitals and ASCs
    • 6.4.1.1. ICU
    • 6.4.1.2. Ward
    • 6.4.1.3. Operating Room (OR)
    • 6.4.1.4. Emergency Room (ER)
    • 6.4.1.5. ASCs
    • 6.4.1.6. Others
  • 6.4.2. Clinics
  • 6.4.3. Home Healthcare
  • 6.4.4. Others
• 6.5. Market Analysis, Insights and Forecast - By Country
  • 6.5.1. U.S.
  • 6.5.2. Canada

7. Europe Pulse Oximeter Probes Market Analysis, Insights and Forecast, 2019-2032

• 7.1. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast - By Product Type
  • 7.1.1. Disposable
  • 7.1.2. Reusable
• 7.2. Market Analysis, Insights and Forecast - By Age Group
  • 7.2.1. Adults
  • 7.2.2. Neonatal/Pediatric
• 7.3. Market Analysis, Insights and Forecast - By Measurement Site
  • 7.3.1. Forehead
  • 7.3.2. Finger
  • 7.3.3. Ear
  • 7.3.4. Nose
  • 7.3.5. Others
• 7.4. Market Analysis, Insights and Forecast - By End User
  • 7.4.1. Hospitals and ASCs
    • 7.4.1.1. ICU
    • 7.4.1.2. Ward
    • 7.4.1.3. Operating Room (OR)
    • 7.4.1.4. Emergency Room (ER)
    • 7.4.1.5. ASCs
    • 7.4.1.6. Others
  • 7.4.2. Clinics
  • 7.4.3. Home Healthcare
  • 7.4.4. Others
• 7.5. Market Analysis, Insights and Forecast - By Country/ Sub-region
  • 7.5.1. Germany
  • 7.5.2. U.K.
  • 7.5.3. France
  • 7.5.4. Spain
  • 7.5.5. Italy
  • 7.5.6. Scandinavia
  • 7.5.7. Rest of Europe

8. Asia Pacific Pulse Oximeter Probes Market Analysis, Insights and Forecast, 2019-2032

• 8.1. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast - By Product Type
  • 8.1.1. Disposable
  • 8.1.2. Reusable
• 8.2. Market Analysis, Insights and Forecast - By Age Group
  • 8.2.1. Adults
  • 8.2.2. Neonatal/Pediatric
• 8.3. Market Analysis, Insights and Forecast - By Measurement Site
  • 8.3.1. Forehead
  • 8.3.2. Finger
  • 8.3.3. Ear
  • 8.3.4. Nose
  • 8.3.5. Others
• 8.4. Market Analysis, Insights and Forecast - By End User
  • 8.4.1. Hospitals and ASCs
    • 8.4.1.1. ICU
    • 8.4.1.2. Ward
    • 8.4.1.3. Operating Room (OR)
    • 8.4.1.4. Emergency Room (ER)
    • 8.4.1.5. ASCs
    • 8.4.1.6. Others
  • 8.4.2. Clinics
  • 8.4.3. Home Healthcare
  • 8.4.4. Others
• 8.5. Market Analysis, Insights and Forecast - By Country/ Sub-region
  • 8.5.1. Japan
  • 8.5.2. China
  • 8.5.3. India
  • 8.5.4. Australia
  • 8.5.5. Southeast Asia
  • 8.5.6. Rest of Asia Pacific

9. Latin America Pulse Oximeter Probes Market Analysis, Insights and Forecast, 2019-2032

• 9.1. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast - By Product Type
  • 9.1.1. Disposable
  • 9.1.2. Reusable
• 9.2. Market Analysis, Insights and Forecast - By Age Group
  • 9.2.1. Adults
  • 9.2.2. Neonatal/Pediatric
• 9.3. Market Analysis, Insights and Forecast - By Measurement Site
  • 9.3.1. Forehead
  • 9.3.2. Finger
  • 9.3.3. Ear
  • 9.3.4. Nose
  • 9.3.5. Others
• 9.4. Market Analysis, Insights and Forecast - By End User
  • 9.4.1. Hospitals and ASCs
    • 9.4.1.1. ICU
    • 9.4.1.2. Ward
    • 9.4.1.3. Operating Room (OR)
    • 9.4.1.4. Emergency Room (ER)
    • 9.4.1.5. ASCs
    • 9.4.1.6. Others
  • 9.4.2. Clinics
  • 9.4.3. Home Healthcare
  • 9.4.4. Others
• 9.5. Market Analysis, Insights and Forecast - By Country/ Sub-region
  • 9.5.1. Brazil
  • 9.5.2. Mexico
  • 9.5.3. Rest of Latin America

10. Middle East & Africa Pulse Oximeter Probes Market Analysis, Insights and Forecast, 2019-2032

• 10.1. Market Revenue (USD Billion) and Volume (Units) Analysis, Insights and Forecast - By Product Type
  • 10.1.1. Disposable
  • 10.1.2. Reusable
• 10.2. Market Analysis, Insights and Forecast - By Age Group
  • 10.2.1. Adults
  • 10.2.2. Neonatal/Pediatric
• 10.3. Market Analysis, Insights and Forecast - By Measurement Site
  • 10.3.1. Forehead
  • 10.3.2. Finger
  • 10.3.3. Ear
  • 10.3.4. Nose
  • 10.3.5. Others
• 10.4. Market Analysis, Insights and Forecast - By End User
  • 10.4.1. Hospitals and ASCs
    • 10.4.1.1. ICU
    • 10.4.1.2. Ward
    • 10.4.1.3. Operating Room (OR)
    • 10.4.1.4. Emergency Room (ER)
    • 10.4.1.5. ASCs
    • 10.4.1.6. Others
  • 10.4.2. Clinics
  • 10.4.3. Home Healthcare
  • 10.4.4. Others
• 10.5. Market Analysis, Insights and Forecast - By Country/ Sub-region
  • 10.5.1. GCC
  • 10.5.2. South Africa
  • 10.5.3. Rest of Middle East & Africa

11. Competitive Analysis

• 11.1. Global Market Share Analysis (2024)
• 11.2. Company Profiles (Overview, Products, SWOT Analysis, Recent Developments, Strategies, financials (Based on Availability))
  • 11.2.1. The Contec Group
  • 11.2.2. Koninklijke Philips N.V.
  • 11.2.3. Shenzhen Mindray Bio-Medical Electronics Co., Ltd.
  • 11.2.4. Masimo
  • 11.2.5. Medtronic
  • 11.2.6. Hunan VentMed Medical Technology Co., Ltd.
  • 11.2.7. NIHON KOHDEN CORPORATION
  • 11.2.8. Nonin Medical, Inc
  • 11.2.9. Dragerwerk AG & Co. KGaA