India Oximeter Market Size, Share & Growth Analysis, [2026]

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4. Market Insights According to the MarkNtel Advisors' research report, "India Oximeter Market Analysis, 2021," the market is likely to grow at more than 50% CAGR in the forecast period, i.e., 2021-26. This growth attributes to the mounting awareness regarding different applications of pulse oximeters and their increased usage during the COVID-19 pandemic. Additionally, the surging prevalence of target diseases including hypertension, asthma, diabetes, cardiac arrhythmia, and sleep apnea is likely to boost the market growth. Further, the adoption of advanced technologies to enhance the product, burgeoning healthcare costs, and surging adoption of pulse oximeter devices at home are likely to fuel the market growth during the forecast period.

5. Market Driver Surging Need for Home Isolation Boosted the Market Growth The surging number of patients suffering from COVID-19 has resulted in the scarcity of beds in the hospitals. Hence, as advised, people with minor Covid-19 symptoms are isolating themselves in their homes. This measure has surged the demand for keeping at home all essential medical devices, including oximeters. Thus, boosting the market growth of oximeters across India.

6. Market Segments • By Product Type (Fingertip Oximeters, Table-Top Oximeters, Handheld Oximeters, Others), By Usage (Reusable, Disposable), By Patient Type (Neonatal, Pediatric, Adult), By End-Users (Hospitals and Health Clinics, Diagnostic Centers, Ambulatory Centers, Homecare, Others (Education, research, etc.)), By Sales Channel (Pharmacies, Direct Sales, Online, Others), By Region (North, South, West, East, North-East),

7. Top Companies • India Medtronic Private Limited • Opto Circuits India Ltd. • Wipro GE Healthcare Pvt. Ltd. • Philips Healthcare India • Masimo Medical Technologies India Pvt. Ltd • Smiths Medical India Pvt Ltd. • Welch Allyn India • Spacelabs Healthcare (OSI Systems Pvt. Ltd.) • Nihon Kohden India Pvt. Ltd • Contec Medical Systems India Pvt Ltd.

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