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News  ›  GlobeNewswire Inc.

Pulse Oximeters Market at the Heart of Remote Care: A USD 6.76 Billion Growth Opportunity by 2034

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Towards Healthcare
Pulse Oximeters Market at the Heart of Remote Care: A USD 6.76 Billion Growth Opportunity by 2034

The global pulse oximeter market is valued at USD 3.8 billion in 2025 and is expected to grow to USD 6.76 billion by 2034 at a 6.64% CAGR. North America currently dominates the market, while Asia-Pacific is experiencing rapid growth. Key drivers include rising chronic respiratory diseases, remote patient monitoring advancements, and wearable technology innovations. However, the market faces challenges from accuracy issues with darker skin tones and competition from smartwatches.

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MDT   positive

Medtronic's investigational Nellcor pulse oximetry technology was incorporated into FDA's Safer Technologies Program for more precise oxygen saturation readings, demonstrating innovation and regulatory advancement.