U.S. Pulse Oximeters - Industry Report

The U.S. pulse oximeters market size accounted for USD 854 million in 2024 and is expected to exceed around USD 2,136 million by 2034, growing at a CAGR of 9.6% from 2025 to 2034.

U.S. Pulse Oximeters Market Report Highlights

• By product type, the handheld segment dominated the market in 2024.
• By product type, the tabletop segment is expected to grow at the fastest rate in the market during the forecast period of 2025 to 2034.
• By end-user, the hospitals segment registered its dominance over the U.S. pulse oximeters market in 2024.
• By end-user, the ambulatory surgical centers segment is anticipated to grow with the highest CAGR in the market during the studied years.

The U.S. pulse oximeters market is seeing significant growth for a number of reasons. A major factor is the rising prevalence of respiratory diseases such as asthma, pneumonia, and chronic obstructive pulmonary disease. As air pollution rises, these conditions are becoming quite common. This is driving demand for healthcare to treat these conditions, which increases the demand for pulse oximeters to monitor oxygen levels. A pulse oximeter, also called an SAT monitor, is a conveyable medical device used to evaluate the oxygen impregnation in red blood cells, the pulse rate, and the perfusion index (PI). It is usually attached to a finger, toe, earlobe, etc. The device operates by discharging light rays into the skin, detecting the immersion sequence to identify oxygen. It aids in curative and diagnostic methodologies. Additionally, a pulse oximeter test is performed during or after surgery to observe whether or not the lung medicines work properly, and so on.

Patient monitoring and home healthcare are proving to be very effective as they allow for enhanced handling of chronic medical conditions and make usage of the equipment easier. The high cost of hospital bills is not necessary as people have a cost-effective alternative to them. The pulse oximeter can convey interpretations electronically to both doctors and patients, magnifying the demand in home care settings. Governments, along with insurance companies, are encouraging hassle-free monitoring of home-based diseases. The patients are increasingly choosing to stay indoors and get treated remotely. Pulse oximeters are easy to use at home and not just at clinics, making them a vital choice for consumers and leading to expansion in the U.S. pulse oximeters market.

Respiratory diseases are prevalent all over the world. This is caused by factors like air pollution, smoking cigarettes, other irritants, and risks in the workplace. Pulse oximetry is a technique used to measure oxygen saturation or hemoglobin saturated with oxygen in aerated blood, both in newborns and grown-ups. This equipment helps determine heart-related difficulties, specifically Critical Congenital Heart Disease (CCHD), a disease seen in newborns who show low blood oxygen levels. As soon as the child is born, timely determination of congenital heart disease is necessary. Failing to detect this just after birth, the children are highly likely to face challenges like disability and even death. Including this, other respiratory illnesses like COPD, asthma, and sleep apnea require immediate tracking and monitoring using medical devices. Thus, the demand for pulse oximeters is increasing while driving growth in the U.S. pulse oximeters market.

Telemedicine and remote monitoring of patients, with the support of artificial intelligence, are expanding their reach. AI technology is fused with pulse oximeters for early and accurate detection of particular disorders. AI in pulse oximeters chiefly operates to analyze the unprocessed data obtained from the device, permitting integrated inspection of oxygen saturation levels and detecting abnormalities of patterns, which may bring about prior recognition of health-related dangers, most importantly in patients with long-term diseases like COPD.

An AI algorithm that evaluates the pulse oximeters signals in the fingertip may be utilized to identify the compensatory reserve index (CRI) in misfortune sufferers. Additionally, the number of smartphone owners is humongous as smartphones allow most of the tasks to be done, including the detection of medical disorders. The future of pulse oximeters can change for good if the pairing of pulse oximeters with smartphones via apps to monitor heart rate and oxygen saturation levels becomes possible, revolutionizing the healthcare industry.

Medical devices that can be worn on the body are likely to propel the U.S. pulse oximeters market, while companies focus on investing in resources and developing innovative healthcare solutions on a global level. User-wearable technologies and sensor mechanisms are now available, and they keep winning tremendous attention from consumers. These proficient monitoring devices involve bioelectric, mechano-electric, electrochemical, and ultrasonic sensors. The government has approved the constant monitoring of patients struggling with chronic respiratory illnesses. Hence, the application of the guidelines for pulse oximeters in various countries will offer advantages for the U.S. pulse oximeters market to flourish. As a result, the developing nations will become focal points for formulating medical products by manufacturers like generic pharmaceuticals.