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Pulse Oximetry Market size is set to grow by USD 1.18 billion from 2024-2028, Increasing prevalence of chronic respiratory diseases to boost the market growth, Technavio

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NEW YORK, July 19, 2024 /PRNewswire/ — The global pulse oximetry market  size is estimated to grow by USD 1.18 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 8.09%  during the forecast period.  Increasing prevalence of chronic respiratory diseases is driving market growth, with a trend towards increasing online marketing strategies by market vendors. However, limitations and complications associated with pulse oximeters  poses a challenge. Key market players include American Diagnostic Corp., Baxter International Inc., Contec Medical Systems Co. Ltd., Dragerwerk AG and Co. KGaA, General Electric Co., Halma Plc, Heal Force Biomeditech Holdings Ltd., ICU Medical Inc., Konica Minolta Inc., Koninklijke Philips N.V., Lepu Medical Technology Beijing Co. Ltd., Masimo Corp., Medical Information Technology Inc., Medtronic Plc, Nihon Kohden Corp., Nonin Medical Inc., OMRON Corp., SCHILLER AG, Shenzhen Mindray BioMedical Electronics Co. Ltd, and Vyaire Medical Inc..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2017 – 2021

Segment Covered

Product (Bedside/desktop pulse oximeters, Handheld pulse oximeters, Fingertip pulse oximeters, and Wrist-worn pulse oximeters), End-user (Hospitals and clinics and Alternative care settings), and Geography (North America, Europe, Asia, and Rest of World (ROW))

Region Covered

North America, Europe, Asia, and Rest of World (ROW)

Key companies profiled

American Diagnostic Corp., Baxter International Inc., Contec Medical Systems Co. Ltd., Dragerwerk AG and Co. KGaA, General Electric Co., Halma Plc, Heal Force Biomeditech Holdings Ltd., ICU Medical Inc., Konica Minolta Inc., Koninklijke Philips N.V., Lepu Medical Technology Beijing Co. Ltd., Masimo Corp., Medical Information Technology Inc., Medtronic Plc, Nihon Kohden Corp., Nonin Medical Inc., OMRON Corp., SCHILLER AG, Shenzhen Mindray BioMedical Electronics Co. Ltd, and Vyaire Medical Inc.

Key Market Trends Fueling Growth

In response to the growing trend of using pulse oximeters in home healthcare settings, market vendors have shifted their focus towards online marketing strategies to boost sales. Companies such as Masimo, Nonin Medical, CONTEC MEDICAL SYSTEms, OMRON, Santa Medical, and iHealth Labs are expanding their online presence through social media and e-commerce platforms. Online retailing enables vendors to reach a broader customer base, including home healthcare users, while minimizing setup, distribution, and operational costs. Customers benefit from the convenience of purchasing authentic products with manufacturer warranties, a wide range of options, and the availability of promotional offers. The COVID-19 pandemic further accelerated the demand for wearable fingertip pulse oximeters, leading to a surge in online sales and revenue growth in the global pulse oximetry market. As a result, the adoption of online marketing strategies by vendors is expected to fuel the market’s growth during the forecast period. 

The Pulse Oximetry market is experiencing significant growth due to increasing demand for patient monitoring devices, particularly among the geriatric population and those with respiratory disorders. Wireless pulse oximeters, such as Bluetooth devices, are trending due to their repositional flexibility and convenience. Oxygen saturation level monitoring is crucial for morbidity and mortality reduction in critical care, anesthesia, childbirth, surgery, neonatal, and pediatric care. Technological advancements include smart meters, alarm systems, and Bluetooth connectivity for proactive monitoring and remote patient care. Accuracy is key, with silicon adhesive and signal acquisition improving performance. Home consumers, clinicians, pilots, athletes, and mountaineers all benefit from pulse oximetry’s vital stats monitoring capabilities. The coronavirus pandemic has further boosted demand for home care and telehealth solutions. Memory and data transfer features enhance usability in hospitals and ambulatory surgical centers. 

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Market Challenges

Pulse oximetry, a non-invasive method used to measure oxygen saturation levels in the blood, has become a standard tool in healthcare settings. However, it’s important to acknowledge the limitations and potential inaccuracies associated with this technology. Factors such as abnormal hemoglobin, anemia, reduced peripheral circulation, venous congestion, bright ambient light, and nail varnish can impact the accuracy of pulse oximeter readings. Additionally, some lower-priced pulse oximeters in the market have been found to provide inaccurate saturation readings during hypoxia and do not meet clinical standards. Conventional pulse oximetry technology also faces challenges, including difficulty in measuring oxygen saturation in the presence of motion artifacts or low perfusion, and failure to provide accurate measurements in the operating room. These limitations and potential inaccuracies may deter end-users from adopting pulse oximetry, negatively impacting the growth of the global pulse oximetry market.The Pulse Oximetry market faces several challenges in various sectors. In healthcare, ensuring patient safety during anesthesia, critical care, childbirth, and surgery is paramount. Pulse oximetry plays a crucial role in monitoring oxygen saturation levels. Technological advancements have led to the development of wrist, fingertip, and handheld pulse oximeters for proactive monitoring in home care and remote settings. The coronavirus pandemic has increased demand for these devices among home consumers and clinicians. In infants and neonates, accuracy is vital for newborn screening and pneumonia diagnosis. For pilots, athletes, and mountaineers, pulse oximeters ensure optimal performance. Challenges include ensuring accuracy, memory, data transfer via Bluetooth, and use in hospitals and ambulatory surgical centers.

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Segment Overview 

This pulse oximetry market report extensively covers market segmentation by

Product 1.1 Bedside/desktop pulse oximeters1.2 Handheld pulse oximeters1.3 Fingertip pulse oximeters1.4 Wrist-worn pulse oximetersEnd-user 2.1 Hospitals and clinics2.2 Alternative care settingsGeography 3.1 North America3.2 Europe3.3 Asia3.4 Rest of World (ROW)

1.1 Bedside/desktop pulse oximeters-  Handheld pulse oximeters are essential medical devices with a user-friendly interface, connecting a probe assembly to a control unit. These devices offer various applications, from occasional spot checks to long-term monitoring of neonatal and adult patients in hospitals and homes. The handheld segment holds the second-largest share in the global pulse oximetry market. These devices feature larger displays, alarm limits, rechargeable batteries, and data transfer options via USB or IR. Widely used in hospitals, clinics, nursing homes, and operating theaters, handheld pulse oximeters are also adopted by individuals with chronic pulmonary conditions, athletes, firefighters, and pilots for continuous SpO2 level monitoring. Factors like ease of use, portability, and real-time monitoring drive market growth.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017 – 2021)  – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global respiratory monitoring devices market is driven by increasing respiratory diseases worldwide, fostering demand for advanced diagnostic tools. Meanwhile, the global wearable medical devices market is expanding rapidly, propelled by advancements in sensor technology and growing health awareness. In parallel, the global pressure monitoring devices market is witnessing robust growth due to rising incidences of hypertension and cardiovascular diseases, prompting innovations in non-invasive monitoring solutions. These markets are poised for continued expansion, driven by technological advancements and the imperative for personalized healthcare solutions.

Research Analysis

The Pulse Oximetry market encompasses a range of patient monitoring devices used to measure oxygen saturation levels in the blood. These devices are essential for various applications, including geriatric population, respiratory disorders, anesthesia, critical care, childbirth, surgery, neonatal, and pediatric care. Technological advancements have led to the development of wireless Bluetooth and fingertip pulse oximeters, enabling remote monitoring and proactive intervention. Morbidity and mortality in these patient groups can be significantly reduced through effective oxygen saturation monitoring. Home consumers and clinicians alike benefit from these devices, with applications ranging from vital stats monitoring during coronavirus recovery to ongoing care for chronic conditions. The market continues to grow, driven by increasing demand for home care, patient safety, and the expanding use of pulse oximetry in diverse settings.

Market Research Overview

The Pulse Oximetry Market encompasses a range of patient monitoring devices used to measure oxygen saturation levels in the blood. These devices are essential in various healthcare settings, including geriatric care, critical care, anesthesia, surgery, pediatric care, and newborn screening. Pulse oximetry is particularly crucial for individuals with respiratory disorders, such as pneumonia, and those undergoing procedures that require close monitoring of vital stats. Technological advancements have led to the development of various types of pulse oximeters, including wireless and Bluetooth devices, which offer greater repositionability and convenience. Silicon adhesive and signal acquisition technologies ensure accurate readings, while smart meters and alarm systems provide real-time monitoring and patient safety. Pulse oximetry is also gaining popularity among home consumers, enabling proactive monitoring and remote care for individuals with chronic conditions. The market includes various types of pulse oximeters, such as wrist, fingertip, and handheld devices, catering to diverse user needs. The coronavirus pandemic has further accelerated the demand for pulse oximetry devices, as they enable early detection and monitoring of respiratory issues. Pulse oximetry plays a crucial role in patient safety, particularly in hospitals, ambulatory surgical centers, and during childbirth. It is also used by pilots, athletes, mountaineers, and infants, highlighting its broad applicability and importance in various sectors. Data transfer and memory features in pulse oximeters enable easy sharing of vital information between clinicians and healthcare providers, enhancing overall care quality.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductBedside/desktop Pulse OximetersHandheld Pulse OximetersFingertip Pulse OximetersWrist-worn Pulse OximetersEnd-userHospitals And ClinicsAlternative Care SettingsGeographyNorth AmericaEuropeAsiaRest Of World (ROW)

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Hilco Global Engaged by Stan Lee Holdings to Sell Rare & Valuable Intellectual Property Portfolio

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NEW YORK, July 24, 2026 /PRNewswire/ — Hilco Global, a diversified financial services company that delivers expert professional services and capital solutions to help clients maximize value and drive performance across the business lifecycle, is pleased to announce that its IP Services practice has been engaged by Stan Lee Holdings, Ltd. (“SLH”) to sell a legendary portfolio of intellectual property developed by Stan Lee, the iconic “father of the super hero.” Known as the Omniverse Collection created by Stan Lee, the portfolio represents a treasure trove of original characters and source material developed by Stan when he was leading Marvel Comics and when he built Stan Lee Entertainment – the first super hero animation studio created for the Internet age. This rare and valuable collection of Intellectual Property encompasses dozens of compelling super heroes and stories conceived by Stan from 1999 to 2001 as well as a franchise comprising over 50 well-known characters – the only franchise of Marvel-created characters not owned by Marvel. Full details of the collection, including the individual characters, franchises, and story properties it comprises, will be released in the coming weeks.

Through this collaboration, Hilco Global will work alongside SLH and former EVP of Marvel Entertainment Shirrel Rhoades to find a new home for a body of largely underleveraged super hero and other characters, as well as world-building intellectual property. Numerous supporting  scripts, episodes, and development materials spanning Stan Lee’s career are also part of the offering.

“The Omniverse Collection created by Stan Lee is one of the most significant super hero IP offerings of the decade,” said Eric Hurwitz, Senior Director of the Hilco Global IP Services practice. “This large, diverse portfolio presents the opportunity to capitalize on untapped material with an unmatched pedigree. A buyer essentially has a blank slate to bring these characters to fans worldwide and expand on Stan Lee’s legacy. Hilco Global is thrilled to bring these assets to market, leveraging deep experience across intellectual property and media valuation, licensing, and transaction execution.”

Among the intellectual property being offered is a hidden gem; a connected entertainment universe of Stan Lee’s own creation. “This one-of-a-kind IP collection illustrates just how far ahead Stan was in understanding the future of entertainment,” observed Shirrel Rhoades, who was handpicked by Stan Lee to succeed him as publisher of Marvel. “What we’re bringing to market isn’t a collection of isolated ideas. It’s pieces of one larger vision, a living digital universe in which characters can be created, experienced, and expanded across every form of media.”

Parties can reach out to Ehurwitz@hilcoglobal.com to register interest. More information about the offering, the individual properties within the collection, and the sale process will become available soon.

About Hilco Global:  Hilco Global, a subsidiary of ORIX Corporation USA, is a diversified financial services company that delivers integrated professional services and capital solutions that help clients maximize value and drive performance across the retail, commercial and industrial, real estate, manufacturing, and intellectual property sectors. Hilco Global provides a range of customized solutions to healthy, stressed, and distressed companies to resolve complex situations and enhance long-term enterprise value. Hilco Global works to deliver the best possible result by aligning interests with clients and providing strategic advice and, in many instances, the capital required to transact. Hilco Global is based in Northbrook, Illinois and has more than 810 professionals operating on four continents. Visit www.hilcoglobal.com

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SOURCE Hilco Trading, LLC

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GR0 to Acquire Ultimate AI’s Deployment Division and Launch GR0 AI, Turning Brands’ Existing Customer Data Into Revenue

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The new company pairs GR0’s performance marketing distribution with Ultimate Deployment’s AI agents and customer intelligence to build AI revenue systems for DTC and ecommerce brands; in one early deployment, AI-led customer conversations were associated with more than $350,000 in sales.

LOS ANGELES, July 24, 2026 /PRNewswire/ — GR0, the Los Angeles-based digital marketing agency, today announced plans to acquire Ultimate Deployment and launch GR0 AI, a new company that builds and deploys AI revenue systems for direct-to-consumer (DTC) and ecommerce brands. GR0 AI combines GR0’s performance marketing expertise, client relationships and sales infrastructure with Ultimate Deployment’s technology and experience deploying AI agents inside operating businesses.

“AI is creating an entirely new performance channel for brands,” said Jon Zacharias, co-founder and president of GR0. “Most companies already have the traffic, customer data and demand. What they’re missing is an intelligent system that knows who to contact, what to say and when to say it. GR0 AI turns the customer signals brands already own into personalized conversations and measurable revenue.”

The approach is already producing results. In one early deployment, AI-led customer conversations were associated with more than $350,000 in sales during a period in which the brand generated approximately $1 million in total revenue. GR0 AI deployments include attribution and incrementality reporting so brands can measure both assisted and directly generated revenue.

GR0 AI deploys inside a brand’s existing commerce, CRM, email, SMS, phone and customer-data infrastructure. Its systems:

Identify and prioritize high-intent customers and prospects Personalize outreach and follow-up based on customer behavior and company data Conduct two-way conversations across messaging channels, recovering revenue from abandoned carts, dormant customers and unconverted leads Escalate complex or high-value opportunities to human sales and support teams Measure the revenue associated with AI-driven interactions

“Most brands do not have a demand problem.  They already have thousands of customers and prospects sitting inside their systems,” said Ben Ganz, founder of Ultimate Deployment. “We build the company brain, unify the data and deploy AI employees that act on that intelligence. The opportunity falls into two buckets: recover the demand a brand has already earned, and make sure no new opportunity slips through the cracks. GR0 gives us the distribution, market access and operating experience to bring this to hundreds of brands.”

Ganz has spent his career at the intersection of entertainment and technology. He began as a producer on American Idol before moving into digital leadership at Fox, then founded VEGO Pictures, a digital production and technology company that worked with major entertainment and consumer brands and served as in-house production partner to Kevin Hart’s Laugh Out Loud Network. He also co-founded a virtual events company that produced digital graduation experiences for hundreds of thousands of students during the COVID-19 pandemic.

From there, Ganz and his team moved to the frontier of consumer AI, creating what FOX News called Hollywood’s first AI interactive voice experience. They powered AI personalities for creators with a combined audience of 100 million followers and engineered the world’s first AI assembly line for replicating personalities at scale, work the Hollywood Reporter recognized as the “Real-life Her.”  Ultimate Deployment then turned that conversational AI expertise toward the enterprise, building systems that connect company knowledge, customer data, and operational software with AI agents capable of performing real, meaningful business work.

“Ben and his team have built something with the potential to become a major new revenue channel for ecommerce companies,” Zacharias said. “We have seen very few offerings create this level of excitement among sophisticated performance marketers.”

Every GR0 AI engagement begins with an intensive discovery and implementation process: the team interviews key employees, maps the company’s systems and builds a centralized intelligence layer around the business. Lead scoring and prioritization are connected to the brand’s CRM before customer-facing AI agents go live.

“The technical opportunity is clear, and our job is to make it just as clear commercially,” said Kevin Miller, founder and CEO of GR0. “A brand that works with GR0 AI will know exactly what is being installed, how quickly it goes live and what revenue it is producing.”

The acquisition is expected to close this quarter, subject to completion of definitive agreements. Financial terms were not disclosed.

Brands interested in early GR0 AI deployments can learn more at www.gr0.com.

About GR0

GR0 is a full-service digital marketing agency that helps DTC and ecommerce brands accelerate growth through data-driven performance marketing, creative strategy and emerging technology. Co-founded by Kevin Miller and Jon Zacharias, GR0 provides services across SEO, Generative Engine Optimization, paid media, email, SMS, creative, affiliate and marketplace growth, and was among the first agencies to build a dedicated GEO practice, which is recognized by VentureBeat as one of America’s premier Generative Engine Optimization agencies. GR0 is headquartered in Los Angeles. Learn more at GR0.com.

About Ultimate Deployment

Ultimate Deployment builds AI employees for growing companies. Founded by Ben Ganz, the company captures how a business operates, organizes its institutional knowledge, connects its systems and deploys AI agents that perform real operational work across sales, customer experience, marketing, finance and internal teams.

Before its enterprise focus, Ultimate Deployment’s team built consumer AI at entertainment scale, creating Hollywood’s first interactive voice experience, powering AI personalities for creators with a combined audience of 100 million followers and engineering the world’s first AI assembly line for replicating personalities’ work featured by Fox News and recognized by The Hollywood Reporter as the real-life Her.

About Ultimate AI

Ultimate AI, founded by Ben Ganz, is a holding company building AI across consumer and enterprise. It launched during the first wave of consumer generative AI as an early AI super app, bringing more than 100 AI tools and assistants into a single consumer platform that peaked within the top 10 of its Apple App Store category, according to company data. The company then expanded into creator AI, developing technology that lets public figures build interactive AI experiences around their personality, voice, knowledge and content. In 2024, Ultimate AI created Pookie Tools (widely known as the Hawk Tuah AI app), whose launch generated more than 400 million organic social media views and more than 10,000 downloads in its first seven days with no paid marketing, according to company data. It went on to develop real-time voice and personality products, including an experience Fox News described as Hollywood’s first real-time AI experience.

Ultimate Deployment, the enterprise arm that GR0 is acquiring, formed in March 2026 following the release of frontier agentic models from Anthropic and OpenAI, and applies that technology inside operating companies. It builds AI employees that capture how a business operates, unify its data and systems, and perform real operational work across sales, customer experience, marketing, finance and internal teams.

Company: GR0
Media Contact Name: GR0 Agency
Media Contact Email: press@gr0.com
Phone: +1 (310) 439-1887
Address: Los Angeles, CA, USA
Website: https://gr0.com/

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SOURCE GR0.com LLC

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Tech Mahindra and Cisco Partner to Bring AI-Driven Security Service Edge to Global Enterprises

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PUNE, India, July 24, 2026 /PRNewswire/ — Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, announced a partnership with Cisco to deliver an AI-driven Security Service Edge (SSE) offering for global enterprises. The joint offering will help enterprises reduce security complexity, improve visibility and control, deliver seamless user access, and strengthen resilience as they scale cloud, hybrid work, and AI adoption.

The partnership combines Tech Mahindra’s global managed services, integration, and delivery expertise with Cisco’s industry-leading Security Service Edge (SSE) platform (Cisco Secure Access) to provide unified, cloud-native security and seamless zero-trust access across users, devices, networks, and locations. For Tech Mahindra, the partnership strengthens its cybersecurity portfolio with differentiated, high-value managed security services, expands its addressable market, and accelerates pipeline growth in cloud security.

Saket Singh, SVP & Business Head – Digital Core Services (Cloud, Infrastructure, Network and Cyber Security Services), Tech Mahindra, said, “As enterprises increasingly operate in hybrid and distributed environments, security must evolve from siloed controls to unified, cloud-native platforms. Fragmented tools, inconsistent user experiences, and rising threats are creating visibility and control gaps as applications are accessed from anywhere. Through our partnership with Cisco, we are combining advanced SSE capabilities with Tech Mahindra’s managed services expertise to simplify operations, strengthen zero-trust enforcement, and deliver consistent, AI-powered protection at scale.”

By integrating a secure web gateway, cloud access security broker (CASB), zero trust network access (ZTNA), firewall-as-a-service, data loss prevention (DLP), and much more into a single platform, the offering simplifies security operations and delivers AI-powered protection. Enterprises benefit from end-to-end visibility, faster deployment, and a streamlined path to modernizing their security architecture while accelerating secure cloud adoption and cyber resilience. Additionally, as enterprises inevitably step into the agentic era, this solution provides robust and rapidly expanding protections for the use of generative AI and AI agents.

Raj Chopra, SVP & Chief Product Officer, Cisco Security Business Group, said, “Enterprises don’t need another tool to stitch into an already complex security stack. They need a simpler way to secure how work actually happens across users, devices, applications, clouds, and increasingly AI agents. Cisco Secure Access brings zero trust, identity context, and AI-powered protection into one cloud-delivered platform, helping teams enforce policy consistently while giving users seamless access from anywhere. Together with Tech Mahindra’s global managed services and integration expertise, we can help organizations modernize security operations, accelerate secure cloud and AI adoption, and move with confidence in the agentic era.”

The integrated SSE solution reinforces Tech Mahindra and Cisco’s leadership in unified cloud-security, helping enterprises simplify secure access, strengthen resilience and accelerate digital transformation in an increasingly distributed and AI-driven world.

 

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SOURCE Tech Mahindra

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