Market revenue in 2023 | USD 3,338.4 million |
Market revenue in 2030 | USD 5,328.7 million |
Growth rate | 6.9% (CAGR from 2023 to 2030) |
Largest segment | Monitors |
Fastest growing segment | Sensors |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Monitors, Sensors |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pulse oximeter market will help companies and investors design strategic landscapes.
monitors was the largest segment with a revenue share of 65% in 2023. Horizon Databook has segmented the Global pulse oximeter market based on monitors, sensors covering the revenue growth of each sub-segment from 2018 to 2030.
Pulse oximetry measures one of the five vital signs and thus plays a crucial role in patient monitoring. With increasingly restrained healthcare budgets, continuous patient monitoring is being considered a part of unnecessary costs by the industry.
This issue can be addressed through spot-checking using portable pulse oximeters. Readmission limbo is a major problem faced by patients suffering from chronic diseases, such as Chronic Obstructive Pulmonary Disease (COPD), and costs around USD 25 billion annually.
This creates a high demand for oximeters that can monitor a patient's condition and remotely send data to doctors. Applications in remote patient monitoring can provide a broad range of real-time health data to doctors, which makes timely intervention possible, making it a more reliable option than conventional medical consultations.
Horizon Databook provides a detailed overview of global-level data and insights on the Global pulse oximeter market , including forecasts for subscribers. This global databook contains high-level insights into Global pulse oximeter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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