What is the size of the U.S. pulse oximeter industry?

U.S. pulse oximeter industry size was USD 1,027 million in 2022 and is predicted to record notable growth up to 2032 due to the increasing prevalence of chronic respiratory conditions, supportive government initiatives and surging awareness for point-of-care testing.

How big is the pulse oximeter market?

Pulse oximeter industry size was USD 2.7 billion in 2022 and is estimated to witness 6.5% CAGR, reaching over USD 4.7 billion by 2032 due to the surging prevalence of respiratory diseases worldwide.

How are hospitals and clinics driving the pulse oximeter industry growth?

Pulse oximeter market size from hospitals and clinics is anticipated to exceed USD 3,287 million by 2032 attributed to the increasing patient preference for quality care and speedy.

Why are table-top/bedside pulse oximeters gaining traction?

Table-top/bedside pulse oximeters market size is likely to cross USD 1,555 million by 2032 attributed to the increasing prevalence of chronic and acute respiratory diseases.

Pulse Oximeter Market Size

Report ID: GMI3843

Published Date: October 2023

Report Format: PDF

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Pulse Oximeter Market Size

Pulse Oximeter Market size was valued at around USD 2.7 billion in 2022 and is estimated to progress at 6.5% CAGR during the forecast period to reach over USD 4.7 billion by 2032. The surging prevalence of respiratory diseases worldwide have significantly affected the market growth in upward trajectory.

For instance, as per the report published by The Lancet, around 390 million patients were affected from COPD, worldwide in 2019. Advancements in sensor technology and miniaturization have made pulse oximeters more compact, affordable, and user-friendly. Moreover, increasing focus towards patient monitoring during treatment and diagnosis and technological advancements in pulse oximeter devices are other factors fueling the market progress.

Pulse oximeter is a patient monitoring device that measures the oxygen saturation in the blood, non-invasively. The device can be attached to fingers, toes, ears, etc. to measure the oxygen levels and to help in therapeutic and diagnostic interventions. Pulse oximeter are also known as SAT monitors.

Authors: Mariam Faizullabhoy ,

Frequently Asked Question(FAQ) :

What is the size of the U.S. pulse oximeter industry?: U.S. pulse oximeter industry size was USD 1,027 million in 2022 and is predicted to record notable growth up to 2032 due to the increasing prevalence of chronic respiratory conditions, supportive government initiatives and surging awareness for point-of-care testing.
How big is the pulse oximeter market?: Pulse oximeter industry size was USD 2.7 billion in 2022 and is estimated to witness 6.5% CAGR, reaching over USD 4.7 billion by 2032 due to the surging prevalence of respiratory diseases worldwide.
How are hospitals and clinics driving the pulse oximeter industry growth?: Pulse oximeter market size from hospitals and clinics is anticipated to exceed USD 3,287 million by 2032 attributed to the increasing patient preference for quality care and speedy.
Why are table-top/bedside pulse oximeters gaining traction?: Table-top/bedside pulse oximeters market size is likely to cross USD 1,555 million by 2032 attributed to the increasing prevalence of chronic and acute respiratory diseases.

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Authors: Mariam Faizullabhoy ,

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Base Year: 2022

Companies covered: 13

Tables & Figures: 268

Countries covered: 18

Pages: 180

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Pulse Oximeter Market Size

Pulse Oximeter Market Size

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