News | April 22, 2008

Pulse Oximeters Market to Exceed $438 Million by 2010

April 23, 2008 – According to a report released by Global Industry Analysts Inc., the pulse oximetry sector exhibits healthy growth potential, with the global market for the device projected to reach $438 million by 2010.

With healthcare facility consolidation and increasing standardization, the market for pulse oximeters seems to be favorably poised, according to Global Industry Analysts. Product innovations, path-breaking technologies, advanced sensors are the principal driving factors for the pulse oximeters market. The technology has emerged as a widely accepted method of measuring arterial oxygen saturation in hospitals, sub-acute care centers, EMS and home settings. Introduction of motion-tolerant and low-perfusion technologies has intensified competition amongst providers of pulse oximetry sensors. The use of pulse oximeters in different market segments is currently being explored. An increased awareness about effects of intermittent apnea on the heart may widen the scope of pulse oximeters in the home and alternate care site segments.

The U.S. and Europe dominate the pulse oximeters market accounting for over 80 percent of the global revenues, as stated in the report.

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