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Governments Making Efforts to Popularize Capnography Devices
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Besides, technological developments, such as the incorporation of miniaturized mainstream multi-gas monitors and integration of molecular correlation spectroscopy and photodetectors in microstream capnography, are expected to advance the capnography devices market at a CAGR of 6.0% during the forecast period (2020–2030). Such improved devices display high safety levels and accuracy, have an adjustable flow rate, and prevent moisture contamination. Moreover, these novel products offer a rapid response and better optimization of postoperative outcomes. This factor will increase the market value from $379.9 million in 2019 to $713.3 million by 2030.
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Globally, the Asia-Pacific capnography devices market will witness the fastest growth during the forecast period. This can be attributed to the surging requirement for efficient respiratory monitoring systems on account of the escalating clinical urgency for treating respiratory diseases in emerging economies, such as China and India. The complexity of these ailments varies on a case-to-case basis, which is projected to broaden the adoption potential of capnography in the region. Additionally, the booming aging population, which is susceptible to several chronic ailments, will propel the adoption of capnography devices.
Thus, the rising awareness about capnography and the availability of technologically advanced products are expected to fuel their adoption in the coming years.
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