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Pulse Oximeter Market Size
- Report ID: GMI3843
- Published Date: Oct 2023
- Report Format: PDF
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.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Pulse Oximeter Market Size in 2022: | USD 2.7 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 6.5 % |
| 2032 Value Projection: | USD 4.7 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 180 |
| Tables, Charts & Figures: | 268 |
| Segments covered: | Product Type, Technology, Age Group, End-use, and Region |
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Frequently Asked Questions (FAQ) :
Pulse Oximeter Market Scope
