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Prices are soaring; At Rs 600 for a pulse oximeter, it is now Rs 2,500

The price of pulse oximeters, which check the level of oxygen in the blood, is skyrocketing. The pulse oximeter, which was earlier priced at Rs 600 and Rs 700, is now priced at Rs 1500 and Rs 2,500 respectively. The reason for the increase in price is the high demand for the pulse oximeter as the covid diffusion intensifies.

The pulse oximeter was the only electronic device used in hospitals for inpatients before Kovid. Kerala Chemist and Druggist Association Ernakulam District President Tony Varkey said that even the top German brand had only Rs.500.

Before Kovid, only pulse oximeters of multinational companies were available in the state. There is an influx of different brands in the market right now. Mostly Chinese brands. In the first wave of Kovid, the price went up from Rs 2,000 to Rs 4,000, but as the expansion slowed down, so did the price. Now the price has gone up again and is not available.

Suppliers and traders say importers are setting prices as they see fit. The central government, which is supposed to control prices and quality, is not moving. The National Pharmaceutical Pricing Authority (NPPA) is responsible for price control.

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