Global Pulse Oximeter Market Outlook, 2026

Abstract
A Pulse Oximeter is a small, lightweight & noninvasive device used to monitor the oxygen level in the body. Usually attached to fingertips, this device assesses the pulse rate & displays the oxygen percentage and the current pulse rate. The research report titled Global Pulse Oximeter Market Outlook, 2026 by Bonafide Research categorizes the market to forecast the revenues and analyze the trends in each of the following segments: based on product type (Fingertip, Handheld & Others), based on end-users (Hospital and Health Care Facilities & Home Care), based on region, countries & major companies. The Pulse Oximeter market has been revamped considering the Covid-19 impact.

The growing prevalence of breathing disorders and diseases like asthma, hyperlipidemia, hypertension, diabetes, ischemic conditions, cardiac arrhythmia, sleep apnea, COPD, etc. have been a major market driver for the Pulse Oximeter industry, allowing it to value to USD 1.65 Billion in 2015. A high-quality Pulse Oximeter is critical for the early diagnosis and treatment of patients with Covid-19. Even though the manufacturing & supply chain of the industry suffered challenges due to the pandemic restrictions, the manufactures ensured an adequate supply to the countries in dire need. The market is expected to witness a growth of over 7% CAGR in the forecasted period.

Majorly divided into two types, the handheld segment dominates the market with over half of the share, yet declining in the coming years. The market is driven by a fact that these products are user-friendly and are easy to use in emergency cases. A rise in the number of stroke cases and surgeries is anticipated to boost market growth over the forecast period. The market shift is a result of technological advancements such as easy transfer of data, extensive memory, alarm system, and Bluetooth feature. Through the forecasted period, the fingertip segment is to grow with a CAGR of over 10%, recording the highest growth.

The hospitals & health care centers hold a clear dominance in the Pulse Oximeter market accounting closely to 90% in the year 2020. It is due to an increase in the number of surgeries and emergency room visits across the world. The Covid-19 pandemic has restricted the visits to medical facilities hindering medical care services, giving a hike in the homecare segment. With the increasing awareness of self-monitoring, people are now actively participating in health management from their homes themselves, augmenting the demand for such monitoring devices. The home care segment is expected to demonstrate growth of 15.42% in the coming years.

North America dominated the market, holding to a share of less than 35% in 2020, owing to increasing awareness of respiratory vitals monitoring among the common population. Recent changes in regulatory norms in Europe, which is the second-largest market, are expected to affect all medical device manufacturers. Although the Asia Pacific has a slightly declining birth rate, the number of infants born every day is considerably large. This results in a large target population for CHD. Latin America, along with the Middle East & Africa could hardly contribute to a market share of 15% by the end of the forecasted period.

According to the WHO, around 64 million patients are currently living with COPD worldwide with approximately 90% of deaths due to COPD occurring in low- and middle-income countries. The global market is led by the US, where around 43 states have made pulse oximetry mandatory for newborn screening. Following this, China & Germany contributes to over 12.86% in the year 2020. Other major countries are becoming a popular market for the product due to applications in the detection of Congenital Heart Defects and other heart and respiratory conditions.

Key industry players are undertaking other major initiatives, such as licensing agreements and strategic partnerships, to strengthen their market presence. The market leaders are introducing new products with additional features to sustain them in the competitive market. The Koninklijke Philips NV & CASMED (Edwards Lifesciences Corporation) together accounted for slightly higher than 10% of the total market share. Other major players are Covidien (Medtroni PLCc), Nihon Kohden Corporation, Smiths Medical International, Welch Allyn INC, Spacelabs Healthcare, Meditech, GE Healthcare, etc.

CONSIDERED IN THE REPORT
• Geography: Global
• Base year: 2020
• Historical year: 2015
• Forecasted year: 2026

REGIONS COVERED:
• North America
• Europe
• Asia
• Latin America
• Middle East & Africa

ASPECTS COVERED IN THE REPORT
• Market Size by Value for the period (2015-2026F)
• Market Share by Product type (Fingertip, Handheld & Others)
• Market Share by End User (Hospital and Health Care Facilities & Home Care)
• Market Share by Region
• Market Share by Country
• Market Share by Company

Content
Table of Content

1. Executive Summary
2. Report Methodology
3. Global Pulse Oximeter Market Outlook
3.1. Market Size by Value
3.2. Market Share
3.2.1. By Product Type
3.2.2. By End User
3.2.3. By Region
3.2.4. By Country
3.2.5. By Company
4. North America Pulse Oximeter Market Outlook
4.1. Market Size by Value
4.2. Market Share
4.2.1. By Product Type
4.2.2. By End User
4.2.3. By Country
4.3. US Pulse Oximeter Market Outlook
4.3.1. Market Size by Value
4.3.2. Market Share
4.3.2.1. By Product Type
4.3.2.2. By End User
4.4. Canada Pulse Oximeter Market Outlook
4.4.1. Market Size by Value
4.4.2. Market Share
4.4.2.1. By Product Type
4.4.2.2. By End User
4.5. Mexico Pulse Oximeter Market Outlook
4.5.1. Market Size by Value
4.5.2. Market Share
4.5.2.1. By Product Type
4.5.2.2. By End User
5. Europe Pulse Oximeter Market Outlook
5.1. Market Size by Value
5.2. Market Share
5.2.1. By Product Type
5.2.2. By Country
5.2.3. By End User
5.3. Germany Pulse Oximeter Market Outlook
5.3.1. Market Size by Value
5.3.2. Market Share
5.3.2.1. By Product Type
5.3.2.2. By End User
5.4. United Kingdom Pulse Oximeter Market Outlook
5.4.1. Market Size by Value
5.4.2. Market Share
5.4.2.1. By Product Type
5.4.2.2. By End User
5.5. France Pulse Oximeter Market Outlook
5.5.1. Market Size by Value
5.5.2. Market Share
5.5.2.1. By Product Type
5.5.2.2. By End User
5.6. Spain Pulse Oximeter Market Outlook
5.6.1. Market Size by Value
5.6.2. Market Share
5.6.2.1. By Product Type
5.6.2.2. By End User
5.7. Italy Pulse Oximeter Market Outlook
5.7.1. Market Size by Value
5.7.2. Market Share
5.7.2.1. By Product Type
5.7.2.2. By End User
5.8. Russia Pulse Oximeter Market Outlook
5.8.1. Market Size by Value
5.8.2. Market Share
5.8.2.1. By Product Type
5.8.2.2. By End User
6. Asia-Pacific Pulse Oximeter Market Outlook
6.1. Market Size by Value
6.2. Market Share
6.2.1. By Product Type
6.2.2. By End User
6.2.3. By Country
6.3. China Pulse Oximeter Market Outlook
6.3.1. Market Size by Value
6.3.2. Market Share
6.3.2.1. By Product Type
6.3.2.2. By End User
6.4. Japan Pulse Oximeter Market Outlook
6.4.1. Market Size by Value
6.4.2. Market Share
6.4.2.1. By Product Type
6.4.2.2. By End User
6.5. India Pulse Oximeter Market Outlook
6.5.1. Market Size by Value
6.5.2. Market Share
6.5.2.1. By Product Type
6.5.2.2. By End User
6.6. Australia Pulse Oximeter Market Outlook
6.6.1. Market Size by Value
6.6.2. Market Share
6.6.2.1. By Product Type
6.6.2.2. By End User
7. Latin America Pulse Oximeter Market Outlook
7.1. Market Size by Value
7.2. Market Share
7.2.1. By Product Type
7.2.2. By End User
7.2.3. By Country
7.3. Brazil Pulse Oximeter Market Outlook
7.3.1. Market Size by Value
7.3.2. Market Share
7.3.2.1. By Product Type
7.3.2.2. By End User
7.4. Argentina Pulse Oximeter Market Outlook
7.4.1. Market Size by Value
7.4.2. Market Share
7.4.2.1. By Product Type
7.4.2.2. By End User
7.5. Colombia Pulse Oximeter Market Outlook
7.5.1. Market Size by Value
7.5.2. Market Share
7.5.2.1. By Product Type
7.5.2.2. By End User
8. Middle East & Africa Pulse Oximeter Market Outlook
8.1. Market Size by Value
8.2. Market Share
8.2.1. By Product Type
8.2.2. By End User
8.2.3. By Country
8.3. UAE Pulse Oximeter Market Outlook
8.3.1. Market Size by Value
8.3.2. Market Share
8.3.2.1. By Product Type
8.3.2.2. By End User
8.4. Saudi Arabia Pulse Oximeter Market Outlook
8.4.1. Market Size by Value
8.4.2. Market Share
8.4.2.1. By Product Type
8.4.2.2. By End User
8.5. South Africa Pulse Oximeter Market Outlook
8.5.1. Market Size by Value
8.5.2. Market Share
8.5.2.1. By Product Type
8.5.2.2. By End User
9. Market Dynamics
9.1. Key Drivers
9.2. Key Challenges
10. Market Trends and Developments
10.1. Reusable Oximeters
10.2. Offering cost-saving choices
10.3. Caution alarm modifications
10.4. Changes in algorithms and software
11. Company Profiles
11.1. Beckton Dickinson
11.2. CASMED (Edwards Lifesciences Corporation)
11.3. Drager Medical Systems Inc.
11.4. GE Healthcare
11.5. Covidien (Medtroni PLCc)
11.6. Masimo
11.7. Koninklijke Philips NV
11.8. Meditech
11.9. Nihon Kohden Corporation
11.10. Nonin Medical Inc
11.11. Smiths Medical Internation
11.12. Welch Alyn Inc
11.13. Company Overviews
11.13.1. CareFusion Corp
11.13.2. Contec Medical Systems Co., Ltd
11.13.3. Edan Instruments Inc.
11.13.4. Korrida Medical System
11.13.5. Microtek International Private Limited
11.13.6. Mindray
11.13.7. Rossmax International Ltd
11.13.8. Spacelabs Healthcare
12. Strategic Recommendations
13. Disclaimer

LIST OF FIGURES
Figure 1: Global Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 2: North America Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 3: US Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 4: Canada Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 5: Mexico Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 6: Europe Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 7: Germany Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 8: United Kingdom Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 9: France Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 10: Spain Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 11: Italy Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 12: Russia Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 13: Asia-Pacific Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 14: China Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 15: Japan Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 16: India Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 17: Australia Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 18: Latin America Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 19: Brazil Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 20: Argentina Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 21: Colombia Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 22: Middle East & Africa Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 23: UAE Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 24: Saudi Arabia Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)
Figure 25: South Africa Pulse Oximeter Market Size – By Value 2015 to 2026F (In USD Billion)

LIST OF TABLES
Table 1: Global Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 2: Global Pulse Oximeter Market Share By End User (2015, 2020 & 2026F)
Table 3: Global Pulse Oximeter Market Share by Region (2015, 2020 & 2026F)
Table 4: Global Pulse Oximeter Market Share by Country (2015, 2020 & 2026F)
Table 5: Global Pulse Oximeter Market Share by Company (2020)
Table 6: North America Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 7: North America Pulse Oximeter Market Share By End User (2015, 2020 & 2026F)
Table 8: North America Pulse Oximeter Market Share by Country (2015, 2020 & 2026F)
Table 9: US Pulse Oximeter Market Value By Product Type (2015, 2020 & 2026F)
Table 10: US Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 11: US Pulse Oximeter Market Value By End User (2015, 2020 & 2026F)
Table 12: US Pulse Oximeter Concentrators Market Share By End User (2015, 2020 & 2026F)
Table 13: Canada Pulse Oximeter Market Value By Product Type (2015, 2020 & 2026F)
Table 14: Canada Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 15: Canada Pulse Oximeter Market Value By End User (2015, 2020 & 2026F)
Table 16: Canada Pulse Oximeter Concentrators Market Share By End User (2015, 2020 & 2026F)
Table 17: Mexico Pulse Oximeter Market Value By Product Type (2015, 2020 & 2026F)
Table 18: Mexico Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 19: Mexico Pulse Oximeter Market Value By End User (2015, 2020 & 2026F)
Table 20: Mexico Pulse Oximeter Concentrators Market Share By End User (2015, 2020 & 2026F)
Table 21: Europe Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 22: Europe Pulse Oximeter Market Share by Country (2015, 2020 & 2026F)
Table 23: Europe Pulse Oximeter Market Share By End User (2015, 2020 & 2026F)
Table 24: Germany Pulse Oximeter Market Value By Product Type (2015, 2020 & 2026F)
Table 25: Germany Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 26: Germany Pulse Oximeter Market Value By End User (2015, 2020 & 2026F)
Table 27: Germany Pulse Oximeter Concentrators Market Share By End User (2015, 2020 & 2026F)
Table 28: United Kingdom Pulse Oximeter Market Value By Product Type (2015, 2020 & 2026F)
Table 29: United Kingdom Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 30: United Kingdom Pulse Oximeter Market Value By End User (2015, 2020 & 2026F)
Table 31: United Kingdom Pulse Oximeter Concentrators Market Share By End User (2015, 2020 & 2026F)
Table 32: France Pulse Oximeter Market Value By Product Type (2015, 2020 & 2026F)
Table 33: France Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 34: France Pulse Oximeter Market Value By End User (2015, 2020 & 2026F)
Table 35: France Pulse Oximeter Concentrators Market Share By End User (2015, 2020 & 2026F)
Table 36: Spain Pulse Oximeter Market Value By Product Type (2015, 2020 & 2026F)
Table 37: Spain Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 38: Spain Pulse Oximeter Market Value By End User (2015, 2020 & 2026F)
Table 39: Spain Pulse Oximeter Concentrators Market Share By End User (2015, 2020 & 2026F)
Table 40: Italy Pulse Oximeter Market Value By Product Type (2015, 2020 & 2026F)
Table 41: Italy Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 42: Italy Pulse Oximeter Market Value By End User (2015, 2020 & 2026F)
Table 43: Italy Pulse Oximeter Concentrators Market Share By End User (2015, 2020 & 2026F)
Table 44: Russia Pulse Oximeter Market Value By Product Type (2015, 2020 & 2026F)
Table 45: Russia Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 46: Russia Pulse Oximeter Market Value By End User (2015, 2020 & 2026F)
Table 47: Russia Pulse Oximeter Concentrators Market Share By End User (2015, 2020 & 2026F)
Table 48: Asia-Pacific Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 49: Asia-Pacific Pulse Oximeter Market Share By End User (2015, 2020 & 2026F)
Table 50: Asia-Pacific Pulse Oximeter Market Share by Country (2015, 2020 & 2026F)
Table 51: China Pulse Oximeter Market Value By Product Type (2015, 2020 & 2026F)
Table 52: China Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 53: China Pulse Oximeter Market Value By End User (2015, 2020 & 2026F)
Table 54: China Pulse Oximeter Concentrators Market Share By End User (2015, 2020 & 2026F)
Table 55: Japan Pulse Oximeter Market Value By Product Type (2015, 2020 & 2026F)
Table 56: Japan Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 57: Japan Pulse Oximeter Market Value By End User (2015, 2020 & 2026F)
Table 58: Japan Pulse Oximeter Concentrators Market Share By End User (2015, 2020 & 2026F)
Table 59: India Pulse Oximeter Market Value By Product Type (2015, 2020 & 2026F)
Table 60: India Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 61: India Pulse Oximeter Market Value By End User (2015, 2020 & 2026F)
Table 62: India Pulse Oximeter Concentrators Market Share By End User (2015, 2020 & 2026F)
Table 63: Australia Pulse Oximeter Market Value By Product Type (2015, 2020 & 2026F)
Table 64: Australia Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 65: Australia Pulse Oximeter Market Value By End User (2015, 2020 & 2026F)
Table 66: Australia Pulse Oximeter Concentrators Market Share By End User (2015, 2020 & 2026F)
Table 67: Latin America Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 68: Latin America Pulse Oximeter Market Share By End User (2015, 2020 & 2026F)
Table 69: Latin America Pulse Oximeter Market Share by Country (2015, 2020 & 2026F)
Table 70: Brazil Pulse Oximeter Market Value By Product Type (2015, 2020 & 2026F)
Table 71: Brazil Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 72: Brazil Pulse Oximeter Market Value By End User (2015, 2020 & 2026F)
Table 73: Brazil Pulse Oximeter Concentrators Market Share By End User (2015, 2020 & 2026F)
Table 74: Argentina Pulse Oximeter Market Value By Product Type (2015, 2020 & 2026F)
Table 75: Argentina Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 76: Argentina Pulse Oximeter Market Value By End User (2015, 2020 & 2026F)
Table 77: Argentina Pulse Oximeter Concentrators Market Share By End User (2015, 2020 & 2026F)
Table 78: Colombia Pulse Oximeter Market Value By Product Type (2015, 2020 & 2026F)
Table 79: Colombia Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 80: Colombia Pulse Oximeter Market Value By End User (2015, 2020 & 2026F)
Table 81: Colombia Pulse Oximeter Concentrators Market Share By End User (2015, 2020 & 2026F)
Table 82: Middle East & Africa Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 83: Middle East & Africa Pulse Oximeter Market Share By End User (2015, 2020 & 2026F)
Table 84: Middle East & Africa Pulse Oximeter Market Share by Country (2015, 2020 & 2026F)
Table 85: UAE Pulse Oximeter Market Value By Product Type (2015, 2020 & 2026F)
Table 86: UAE Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 87: UAE Pulse Oximeter Market Value By End User (2015, 2020 & 2026F)
Table 88: UAE Pulse Oximeter Concentrators Market Share By End User (2015, 2020 & 2026F)
Table 89: Saudi Arabia Pulse Oximeter Market Value By Product Type (2015, 2020 & 2026F)
Table 90: Saudi Arabia Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 91: Saudi Arabia Pulse Oximeter Market Value By End User (2015, 2020 & 2026F)
Table 92: Saudi Arabia Pulse Oximeter Concentrators Market Share By End User (2015, 2020 & 2026F)
Table 93: South Africa Pulse Oximeter Market Value By Product Type (2015, 2020 & 2026F)
Table 94: South Africa Pulse Oximeter Market Share By Product Type (2015, 2020 & 2026F)
Table 95: South Africa Pulse Oximeter Market Value By End User (2015, 2020 & 2026F)
Table 96: South Africa Pulse Oximeter Concentrators Market Share By End User (2015, 2020 & 2026F)
Table 97: Key Facts of Edwards Lifesciences Corporation
Table 98: Key Facts of Medtronic plc
Table 99: Key Facts of Koninklijke Philips N.V.
Table 100: Key Facts of Nihon Kohden Corporation
Table 101: Key Facts of Nonin Medical Inc
Table 102: Key Facts of Smiths Medical, Inc.
Table 103: Key Facts of Welch Allyn Inc