Pulse oximeters measure important health indicators like breathing rate, heart rate, and pulse rate. These are used to monitor a patient's condition prior to or during the diagnosis of a medical issue. Pulse oximeters are utilised in medical settings, at home, and in medical emergencies. Factors such as an increase in the geriatric population, an increase in the preference for home monitoring, an increase in the incidence rate of chronic diseases such as cardiovascular disorders and obesity, and an increase in patient awareness of advanced pulse oximeters are expected to drive the market. However, in low- and middle-income economies, a lack of understanding of these devices stifles market growth.
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