The global pulse oximeter market was valued at USD 2.34 billion in 2024 and is projected to grow from USD 2.46 billion in 2025 to USD 3.56 billion by 2032, registering a compound annual growth rate (CAGR) of 5.4% during the forecast period. North America dominated the market in 2024, accounting for a 40.63% share.
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Pulse Oximeter Market Size, Share & Growth
Forecast to 2032
The pulse oximeter market has witnessed significant growth over the past few years, driven by the
increasing prevalence of respiratory and cardiovascular diseases, technological advancements, and the rising
demand for remote patient monitoring.
The pulse oximeter market was valued at USD 2.34 billion in 2024 and is projected to grow from USD 2.46
billion in 2025 to USD 3.56 billion by 2032, registering a compound annual growth rate (CAGR) of 5.4%
during the forecast period. North America dominated the market in 2024, accounting for a 40.63% share.