Market revenue in 2023 | USD 67.2 million |
Market revenue in 2030 | USD 138.1 million |
Growth rate | 10.8% (CAGR from 2023 to 2030) |
Largest segment | Monitors |
Fastest growing segment | Sensors |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Monitors, Sensors |
Key market players worldwide | Medtronic PLC, Masimo Corp, Koninklijke Philips NV, GE Aerospace, Nonin Medical, Nihon Kohden Corp, ICU Medical Inc, OSI Systems Inc, CONTEC, Draegerwerk AG & Co KGaA |
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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 65.92% in 2023. Horizon Databook has segmented the India pulse oximeter market based on monitors, sensors covering the revenue growth of each sub-segment from 2018 to 2030.
In India, as of September 2018, the prevalence of respiratory diseases was around 32% of the global burden of respiratory diseases, according to Global Burden of Disease data 1990–2016, with pollution being the biggest contributor.
High demand for respiratory care is driving the research for efficient monitoring devices. In April 2021, MFine, a digital health start-up, launched MFine Pulse, an app-based tool for monitoring SPO2 (blood oxygen saturation).
The tool is based on Artificial Intelligence (AI) to measure oxygen saturation and is useful for individuals with cardiovascular or respiratory conditions. However, considering the increased demand for monitoring devices due to the pandemic, dependency on foreign countries for supplies has increased.
Horizon Databook provides a detailed overview of country-level data and insights on the India pulse oximeter market , including forecasts for subscribers. This country databook contains high-level insights into India pulse oximeter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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