Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2490.60 Million | USD 4407.60 Million | 7.40% | 2022 |
FrequentlyAsked Questions
A pulse oximeter is a widely used medical device that is helpful in measuring oxygen saturation levels in red blood cells.
The global pulse oximeter market is expected to grow owing to the increasing access to primary medical care across the globe.
According to study, the global pulse oximeter market size was worth around USD 2490.60 million in 2022 and is predicted to grow to around USD 4407.60 million by 2030.
The CAGR value of the pulse oximeter market is expected to be around 7.40% during 2023-2030.
The global pulse oximeter market will be led by North America during the forecast period. In 2022, the country dominated close to 49% of the global revenue.
The global pulse oximeter market is led by players like Koninklijke Philips N.V. (Philips), Masimo Corporation, Smiths Medical, Medtronic, Spacelabs Healthcare, Inc., Nonin Medical, Inc., Rossmax International Ltd., Contec Medical Systems Co., Ltd., Nihon Kohden Corporation, Heal Force, GE Healthcare, ChoiceMMed, and others.
The report explores crucial aspects of the pulse oximeter market including a detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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