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.

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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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Geographies- Focus
Areas
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-Market Disruptions and the “Next Big Things”

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