Smart Pulse Oximeter Ring Global Market Report 2025

The smart pulse oximeter ring market size has grown rapidly in recent years. It will grow from $0.98 billion in 2024 to $1.14 billion in 2025 at a compound annual growth rate (CAGR) of 16.3%. The growth in the historic period can be attributed to the increasing prevalence of chronic respiratory diseases, growing demand for home-based health monitoring, rising geriatric population, increasing awareness of continuous oxygen saturation tracking, and the growing integration of wearable health devices into clinical practice.

The smart pulse oximeter ring market size is expected to see rapid growth in the next few years. It will grow to $2.07 billion in 2029 at a compound annual growth rate (CAGR) of 15.9%. The growth in the forecast period can be attributed to the increasing emphasis on preventive health monitoring, greater adoption of remote patient monitoring in rural regions, rising awareness of healthy lifestyle practices, expanding use in fitness and sports tracking, and growing preference for effortless synchronization of health data with smartphones. Major trends during the forecast period include advancements in sensor technologies, progress in device miniaturization, increased research and development investments, innovations in real-time data analytics, and the integration of artificial intelligence capabilities.

The growing use of telemedicine and virtual care platforms is expected to drive the expansion of the smart pulse oximeter ring market in the coming years. Telemedicine and virtual care platforms are digital healthcare solutions that enable patients to consult, receive diagnoses, and access medical care remotely through online or mobile systems. The adoption of these services is rising as they improve accessibility, allowing patients to interact with healthcare professionals without traveling. Smart pulse oximeter rings support virtual care by offering continuous remote monitoring of vital parameters such as blood oxygen levels and heart rate, helping healthcare providers track patient health in real time. For example, in February 2023, a survey conducted by Rock Health, a UK-based organization, showed that 76% of people over 55 had used telemedicine, and 80% of all respondents had accessed care through telemedicine during 2023. Therefore, the increasing adoption of telemedicine and virtual care platforms is contributing to the growth of the smart pulse oximeter ring market.

Major companies in the smart pulse oximeter ring market are focusing on developing advanced solutions such as silicone ring devices to improve flexibility, safety, and comfort during physical or occupational activities. Silicone ring devices are soft, flexible bands made of silicone material that ensure comfortable and safe use for purposes such as health tracking, physical activity monitoring, or daily wear. For instance, in February 2025, Viatom, a China-based medical device manufacturer, received approval from the US Food and Drug Administration for the Viatom Smart Ring Pulse Oximeter-O2Ring, a lightweight silicone ring device designed for spot assessments or continuous data monitoring in adult patients. The device measures SpO2, heart rate, and perfusion index, and is suitable for environments such as homes, hospitals, long-term care facilities, and sleep labs, though it is not intended for real-time continuous monitoring. It includes a built-in vibration alert that activates when readings exceed preset thresholds, prompting users to adjust their sleep posture without waking. With integrated SpO2 sensors and noise-reduction filtering, it captures accurate, medical-quality data using an optical volume-based method. The collected data is instantly synchronized with the Vihealth app, which generates detailed four-second interval graphs and comprehensive reports to support clinical analysis.

In November 2024, DexCom Inc., a US-based healthcare company, partnered with ŌURA to help millions of individuals improve their metabolic well-being. The partnership enables seamless two-way data integration between Dexcom glucose biosensors and applications and the Oura Ring and Oura App, creating an integrated metabolic health management experience. Joint marketing initiatives will help ŌURA and Dexcom engage with millions of users seeking to enhance their metabolic health. ŌURA is a Finland-based company that provides smart pulse oximeter rings.

Major players in the smart pulse oximeter ring market are Samsung Electronics Co., Viatom, Oura Health, BoAt, KamiVision, Sensio AS, Motiv Inc., Muse Wearables, SkyLabs, Ultrahuman, BodiMetrics LLC, Movano Inc., OtwoFellow, Senbiosys, Circular Ring, Amazfit, Sleepon Inc., RingConn, Nuanic, and Rollme.

North America was the largest region in the smart pulse oximeter ring market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in smart pulse oximeter ring report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The fast surge in U.S. tariffs and the trade tensions that followed in spring 2025 are heavily affecting the medical equipment sector, particularly for imported imaging machine components, surgical-grade stainless steel, and plastic disposables. Hospitals and clinics resist price hikes, pressuring manufacturers’ margins. Regulatory hurdles compound the problem, as tariff-related supplier changes often require re-certification of devices, delaying time-to-market. Companies are mitigating risks by dual-sourcing critical parts, expanding domestic production of commoditized items, and accelerating R&D in cost-efficient materials.

The smart pulse oximeter ring market research report is one of a series of new reports that provides smart pulse oximeter ring market statistics, including smart pulse oximeter ring industry global market size, regional shares, competitors with a smart pulse oximeter ring market share, detailed smart pulse oximeter ring market segments, market trends and opportunities, and any further data you may need to thrive in the smart pulse oximeter ring industry. This smart pulse oximeter ring market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A smart pulse oximeter ring is a compact wearable device designed to continuously measure blood oxygen saturation (SpO₂) and pulse rate using optical sensors embedded within the ring. It employs advanced photoplethysmography (PPG) technology to deliver real-time health insights without relying on bulky monitoring equipment. The device connects seamlessly with mobile applications to record, analyze, and store physiological data, supporting continuous wellness tracking.

The main product types of smart pulse oximeter rings include Bluetooth-enabled, Wi-Fi-enabled, and standalone devices. Bluetooth-enabled products consist of wearables, rings, and health trackers that use wireless technology to connect with smartphones, tablets, or other compatible devices. These products are distributed through online retail, pharmacies, specialty stores, and other channels. They are used in applications such as home care, hospitals and clinics, and sports and fitness monitoring, serving various end-users including adults, pediatrics, and geriatrics.

The countries covered in the smart pulse oximeter ring market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The smart pulse oximeter ring market consists of sales of rechargeable smart pulse oximeter rings, multi-parameter monitoring rings, AI-integrated pulse oximeter rings, medical-grade smart rings and cloud-connected oximeter rings. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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