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In 2020, the handheld segment dominated the pulse oximeter market, accounting for 38.9% of total revenue. The fact that these oximeters are simple to use in an emergency is driving the Pulse Oximeters Market. A patient's oxygen saturation level can have a significant impact on the course of treatment. Over the forecast period, market growth is expected to be boosted by an increase in the number of stroke cases and surgeries. Oximeter technological advancements are expected to drive the segment. Product efficiency is increased by features such as easy data transfer, extensive memory, an alarm system, and Bluetooth. To stay competitive, industry players introduce new products with enhanced features. For instance, in August 2015, Nonin Medical, Inc. launched a wireless fingertip oximeter operated via Bluetooth-NoninConnect Model 3230.