India Pulse Oximeter Market By Type (Fingertip v/s Hand-Held), By Patient Type (Adult, Neonatal, Pediatric), By End User (Hospitals & Clinics, Homecare, Others) By Region, Competition, Forecast & Opportunities, 2018-2028F

India pulse oximeter market stood at USD 79.44 Million in 2022 and is expected to reach at a CAGR of 0.50% during the forecast period. The pulse oximeter market is driven by continuous improvement in technological advancements and new features in small and compact-sized devices. Additionally, pulse oximeter is used in the chronic obstructive pulmonary disease by monitoring the oxygen saturation level of the body and maintaining the lungs condition by checking the pulmonary function both at home and at the hospitals any time of the day as a continuous monitoring device.

Furthermore, the rise in air pollution and decrease in sustainable development is the major factor in the prevalence of chronic respiratory disease. The severity of respiratory impairment in the patient is easily monitored with the pulse oximeter, which will also enhance the growth of the pulse oximeter market.

Research and Development in the Pulse Oximetry

From the growing demand for traditional pulse oximetry to recent technological improvements, the application of oximetry is no longer limited to determining oxygen saturation levels. It is also used to measure the levels of methemoglobin, carboxyhemoglobin, and total hemoglobin in the blood, and to improve pulse oximeter signal processing in low-signal-to-noise situations. The portable pulse oximeter is lightweight and easy to use, and it is used safely with the help of a medical professional. Some types of pulse oximeter are simple in use and handling; hence it does not require monitoring by the medical professional while using the oximeter. The research and development of the device focus more on the accuracy and decrease in the complexity of the pulse oximeters making it easily accessible to the patient for continuous self-monitoring in the early stages of chronic obstructive pulmonary diseases.

Surge in Geriatric Population

In India, according to a report published by Mint in 2021 on the Longitudinal Ageing Study of India (LASI) Wave-1 released by the union health ministry, 75% of the elderly in India have a chronic disease, 40% have a handicap, and 20% have mental health difficulties. Chronic Obstructive Pulmonary Disease (COPD), asthma, and bronchitis are more common among the elderly in India (2.8%, 1.6%, and 5.9%, respectively) than among the 45–59-year-old (3.1%, 0.7%, and 1.6%, respectively), as it is a progressive illness that takes years to develop. According to the survey, chronic lung illnesses are more common in the states/UTs of Rajasthan (15%) and Puducherry (13%). Changes in the structure and function of the lungs as people get older may enhance their pathogenetic vulnerability to COPD. The published report of WHO in 2021 estimates the increase in the number of older people in the world’s population, with the China and India having the highest population; thus, more will be the rise in people entering the age of 60 years and above. The low number of healthy aging leads to more complications and health-related diseases in the aged people, thus requiring continuous check-ups and monitoring.

Patient Monitoring in Non-Hospital Settings

Pulmonary oximetry monitoring is required when a patient is on the verge of developing hypoxemia. COVID-19 kept patients out of hospitals due to a lack of beds, leading them to seek treatment in non-hospital settings such as their homes or quarantine centers, where pulse oximeter monitoring could be done for self-assessment before going to the hospital. Because of its ease of use, continuous monitoring was also beneficial in non-hospital settings without a physician. People pay attention to their health and track their health conditions daily, such as after a gym session or a walk. The easy use of oximeters with simple operating systems allows people to use oximeters in non-hospital settings and people living in remote areas.

COVID-19 Driving the Market Growth of Pulse Oximeter Market

COVID-19 individuals who had difficulty in breathing developed pneumonia, which resulted in hypoxia/dyspnea. The pulse oximeter was dubbed a "Game Changer" by doctors all around the world. During lockdown and quarantine, the increased in-patient number and low bed numbers in hospitals enable patients and physicians avoid hospital visits during the height of covid-19. They also advocated the use of a portable pulse oximeter for self-evaluation at home, especially for children and the elderly. The use of a pulse oximeter is critical in monitoring COVID-19 patients in the hospital and during the quarantine period.

Click here to download the sample

Market Segmentation

The India pulse oximeter market is segmented based on type, patient type, end user, and regions distribution. Based on type, the market can be split into fingertip and handheld. Based on Patient type, the market can be divided into adults, neonatal and pediatric. In terms of End users, the market can be categorized into hospitals & clinics, ambulatory centers, homecare, and diagnostic center. Based on Region, the market can be fragmented into North, South, East & West.

Company Profiles

India Medtronic Private Limited, Masimo Medical Technologies India Private Limited, Smith’s Medical India Private Limited, Wipro GE Healthcare Private Limited, Contec Medical Systems India Private Limited, BPL Medical Technologies Private Limited, Beurer India Private Limited, Hill-Rom India Private Limited, Opto Circuits India Ltd., Philips India Limited,  are among the major market players operating in the India pulse oximeter market.

Report Scope:

In this report, India Pulse Oximeter market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Pulse Oximeter Market, By Type:
• Fingertip
• Handheld
• Pulse Oximeter Market, By Patient Type:
• Adult
• Pediatric
• Neonatal
• Pulse Oximeter Market, By End Users:
• Hospitals & Clinics
• Homecare
• Others
• Pulse Oximeter Market, By Region:
• South
• West
• North
• East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in India Pulse Oximeter market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).