The global market for Pulse Oximeters was estimated to be worth US$ 1897 million in 2024 and is forecast to a readjusted size of US$ 2712 million by 2031 with a CAGR of 5.6% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Pulse Oximeters cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
A pulse oximeter is a non-invasive medical device that measures the oxygen saturation level (SpO2) in the blood and the pulse rate by using light sensors. It typically clips onto a patient's fingertip, toe, or earlobe and uses red and infrared light to detect how much oxygen is bound to hemoglobin in the blood. Pulse oximeters are widely used in hospitals, clinics, and home settings for monitoring patients with respiratory or cardiovascular conditions, and are essential tools in anesthesia, critical care, and emergency medicine.
The pulse oximeters market is primarily driven by the global rise in respiratory disorders such as asthma, COPD, pneumonia, and the ongoing need for post-COVID-19 monitoring. Increased healthcare spending, aging populations, and a growing emphasis on home-based patient care have significantly boosted the adoption of portable and wearable pulse oximeters. Additionally, government recommendations and public health campaigns promoting regular oxygen level monitoring-especially during viral outbreaks-have further accelerated demand across both clinical and consumer segments.
Despite strong demand, the market faces several challenges. Inaccuracies in readings due to factors such as skin pigmentation, nail polish, or patient movement can lead to false diagnostics, which limits clinical confidence. Moreover, regulatory scrutiny from agencies like the FDA and EU MDR has increased for consumer-grade devices, slowing product approvals. The market is also crowded with low-cost, unregulated products, especially in developing regions, creating difficulties for reputable brands in maintaining product quality, differentiation, and profit margins.
This report aims to provide a comprehensive presentation of the global market for Pulse Oximeters, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Pulse Oximeters by region & country, by Type, and by Application.
The Pulse Oximeters market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Pulse Oximeters.
Market Segmentation
By Company
- Masimo
- Medtronic
- Philips
- Nonin Medical
- GE Healthcare
- Smiths Medical
- Konica Minolta
- Contec
- HealForce
- ChoiceMMed
- Yuwell
- Mindray
- Konsung
- Edan
- BLT
- Cofoe
- BEURER
Segment by Type
- Handheld Oximeter
- Fingertip Oximeter
- Other
Segment by Application
- Hospital
- Clinic
- Home Care
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Pulse Oximeters manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Pulse Oximeters in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Pulse Oximeters in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
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