Pulse Oximeter companies

  • Report ID: 3120
  • Published Date: Jul 21, 2025
  • Report Format: PDF, PPT

Key Pulse Oximeter Market Players:

    The global market is highly competitive with the leading players including Masimo, Medtronic, and Philips. These top players are dominating in high acuity care devices and is combined to hold the market share of 36.4%. companies are following various stratergic moves via product innovation, AI enabled diagnostics, and Bluetooth integration with public health systems to be stay ahead. Further, companies in Asia such as Nihon Kohden and Mindray are actively rising the market presence by providing cost effective solution. Regulatory alignments with EU-MDS and FDA standards, and adoption of home-based healthcare are redefining the competitive strategies.

    Below is the list of some prominent players operating in the global market:

    Company Name

    Country of Origin

    Market Share (%)

    Industry Focus

    Masimo Corporation

    U.S.

    15.2%

    High-end hospital-grade and wearable oximeters; known for Signal Extraction Tech

    Medtronic plc

    Ireland (U.S. ops)

    11.9%

    Integrated ICU monitors and portable pulse oximeters

    Koninklijke Philips N.V.

    Netherlands

    9.8%

    Advanced diagnostic systems; Bluetooth-enabled oximeters

    Nihon Kohden Corporation

    Japan

    8.4%

    Hospital-grade devices with multi-parameter monitoring

    Nonin Medical Inc.

    U.S.

    7.3%

    Portable and fingertip oximeters; strong telehealth integration

    GE HealthCare

    U.S.

    xx%

    High-acuity care monitors and multi-use pulse oximetry systems

    Smiths Medical (ICU Medical)

    U.S. / UK

    xx%

    Clinical-grade sensors and oximeters for ambulatory care

    OSI Systems, Inc. (Spacelabs)

    U.S.

    xx%

    Remote telemetry and OEM pulse oximetry components

    Edan Instruments, Inc.

    China

    xx%

    Tabletop oximeters and mobile diagnostic units

    Beurer GmbH

    Germany

    xx%

    Homecare fingertip oximeters with smartphone integration

    Schiller AG

    Switzerland

    xx%

    Multi-parameter diagnostics including oximetry in cardiac applications

    BPL Medical Technologies

    India

    xx%

    Compact fingertip and pediatric oximeters for emerging markets

    Medisana GmbH

    Germany

    xx%

    Consumer-oriented digital oximeters

    Omron Healthcare, Inc.

    Japan

    xx%

    Wearable and wireless health monitoring solutions

    Aeonmed Group

    China

    xx%

    ICU and OR-based oximeters, including ventilator-integrated models

    Mindray Medical Intl Ltd.

    China

    xx%

    Diagnostic oximeters for clinical and emergency use

    iHealth Labs, Inc.

    U.S.

    xx%

    Smartphone-compatible oximeters for personal wellness

    Microlife Corporation

    Taiwan

    xx%

    Compact pulse oximeters for chronic care management

    BioCare Group

    Malaysia

    xx%

    Mid-range fingertip and reusable sensor pulse oximeters

    Compumedics Ltd.

    Australia

    xx%

    Sleep diagnostics and pulse oximetry systems integrated with PSG platforms

    Below are the areas covered for each company in the market:

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In 2025, the industry size of pulse oximeter is assessed at 2.5 billion.

Pulse oximeter market size was valued at USD 2.3 billion in 2024 and is projected to reach USD 4.3 billion by the end of 2034, rising at a CAGR of 7% during the forecast period, i.e., 2025-2034.

The pulse oximeter market in North America dominates the market and is expected to maintain the market share of 36.2% at a CAGR of 7% by 2034.

The major players in the market include Masimo Corporation, Medtronic plc, Koninklijke Philips N.V., Nihon Kohden Corporation, Nonin Medical Inc., GE HealthCare, Smiths Medical (ICU Medical), OSI Systems, Inc. (Spacelabs), Edan Instruments, Inc., Beurer GmbH, Schiller AG, BPL Medical Technologies, Medisana GmbH, Omron Healthcare, Inc., Aeonmed Group, Mindray Medical Intl Ltd., iHealth Labs, Inc., Microlife Corporation, BioCare Group, Compumedics Ltd.
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