Wrist-worn pulse oximetry is a user-friendly non-invasive medical device used to deliver highly accurate reading associated with the studies such as oxygen saturation level, pulse rate, and heart rate. Conditions such as respiratory diseases, sleep problems, and cardiac diseases can be detected early with the help of this device. Due to the growing prevalence of chronic obstructive pulmonary disease (COPD), there is a surge in the utilization of wrist-worn pulse oximetry devices, according to the World Health Organization (WHO), around 3.17 million individual died of COPD in 2015.

As per the Global Burden of Disease report, there is a global prevalence of 251 million cases of COPD in 2016. Another factor responsible for the growth of wrist-worn pulse oximetry device is the rising prevalence of Cardiovascular Disease (CVD), according to the WHO, around 17.7 million individuals died of CVD in 2015. Moreover, the rising prevalence of COPD and CVD will drive the growth of wrist-worn pulse oximetry device market during the forecast period from 2025 to 2033.

Factors driving the growth of wrist-worn pulse oximetry devices market comprise rising prevalence of heart-related diseases, respiratory disease, increasing smoking rate, and improved diagnosis of COPD and CVD. Wrist-worn pulse oximetry device plays a very important role in the early diagnosis and treatment of chronic diseases associated with CVD and COPD. This device can be easily procured with prescription or from over-the-counter (OTC) mode. Increasing occurrence of complications related to CVD and COPD are the main considerations driving the worldwide wrist-worn pulse oximetry devices market.

Key Players Recognized for Wrist-worn Pulse Oximetry Devices Market include:

GE Healthcare, Nonin Medical, Delta Electronics and Edan, Philips, Covidien, Smiths Medical, ChoiceMMed, Acare Technology, Yuwell-Jiangsu Yuyue Medical Equipment & Supply Co., Ltd., Contec Medical Systems Co. Ltd, Masimo Corporation, Meditech Equipment Co. Ltd., Medtronic Plc., Nonin Medical Inc., Omron Corporation, Koninklijke Philips N.V, Promed Technology Co.Ltd, Smith Group Plc, and Tenko Medical Systems and others.

Historical & Forecast Period

This study report represents analysis of each segment from 2023 to 2033 considering 2024 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2025 to 2033.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Wrist-worn Pulse Oximetry Devices market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Wrist-worn Pulse Oximetry Devices market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Wrist-worn Pulse Oximetry Devices market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2033.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Wrist-worn Pulse Oximetry Devices market?
• Which is the largest regional market for Wrist-worn Pulse Oximetry Devices market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Wrist-worn Pulse Oximetry Devices market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Wrist-worn Pulse Oximetry Devices market worldwide?