Capnography Equipment Market has witnessed a growth of USD 508.6 Million from 2022 to 2030 with a highest 4.5% CAGR

Monitoring the amount of carbon dioxide (CO2) in breathing gases is known as capnography. A patient's exhaled breath is measured using capnography equipment for the amount of CO2 present. Medical applications for this technology include anaesthesia monitoring, critical care, emergency care, and procedural sedation. In the upcoming years, a number of factors are projected to propel the growth of the worldwide capnography equipment market.

The rising incidence of respiratory conditions like asthma, sleep apnea, and chronic obstructive pulmonary disease (COPD) is one of the main factors driving the capnography equipment industry. Respiratory conditions are the second-leading cause of mortality globally, according to the World Health Organisation (WHO), and they account for around 9% of all fatalities worldwide. The demand for capnography equipment is anticipated to increase as respiratory disorders become more prevalent.

The growing use of capnography in emergency care is another factor driving the demand for capnography equipment. Capnography is a real-time, non-invasive monitoring tool that offers insightful data on a patient's respiratory condition. In emergency care, the use of this device to monitor patients during transportation, cardiopulmonary resuscitation, and mechanical breathing is on the rise.

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The market for capnography equipment is nevertheless constrained in various ways. The high price of capnography equipment is one of the biggest issues this business is now facing. The high cost of capnography equipment can prevent it from being widely used in some areas. Additionally, there aren't enough qualified healthcare workers who are trained to use capnography equipment, which could restrain the market's expansion.

Despite these obstacles, the capnography equipment market is anticipated to grow significantly over the next few years thanks to a number of growth-related factors. The rising use of capnography in procedural sedation is one of the major development causes. Capnography is a crucial tool for monitoring patients during procedural sedation, a technique for calming patients down during medical procedures.

Additionally, the market is anticipated to grow as capnography is increasingly used in neonatal and paediatric care. As capnography equipment offers a non-invasive and continuous measurement of a child's respiratory status, it is increasingly being used to monitor the respiratory status of premature babies and infants.

Major Companies and Competitive Landscape:

The global capnography equipment market is highly competitive, with the presence of several market players. The market is characterized by the presence of established players, as well as new entrants, competing on the basis of product innovation, quality, and pricing. Some of the major players in the capnography equipment market include Masimo, ICU Medical, Drägerwerk AG & Co. KGaA, Welch Allyn, Koninklijke Philips N.V., Medtronic plc, Nonin, Becton, Dickinson and Company, General Electric Company, Hamilton Medical.

Medtronic is one of the leading players in the capnography equipment market, with a strong focus on product innovation and development. The company offers a range of capnography equipment, including mainstream and sidestream capnography monitors. The company has a strong presence in the North American market, which is expected to drive its growth in the coming years.

Philips Healthcare is another major player in the capnography equipment market, with a diverse product portfolio that includes capnography monitors, modules, and accessories. The company has a strong focus on research and development, and invests heavily in developing innovative products that cater to the evolving needs of the market.

Smiths Medical is a leading player in the capnography equipment market, offering a range of capnography monitors, modules, and accessories. The company has a strong global presence, with a well-established distribution network across regions. Smiths Medical focuses on developing user-friendly and cost-effective products, which have helped the company gain a competitive edge in the market.

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Segmentation Insights for Capnography Equipment Market Report:

The global capnography equipment market is segmented by product, application, technology, end-use, and region. By product, the market is divided into capnometers, multiparameter capnometers, standalone capnometers, and capnography accessories & disposables. In 2019, the capnometers segment accounted for the largest share of the market, with a revenue of USD 304.3 million. However, the capnography accessories & disposables segment is expected to witness the highest growth rate during the forecast period.

Based on application, the market is categorized into cardiac care, trauma & emergency care, and respiratory monitoring. In 2019, the respiratory monitoring segment accounted for the largest share of the market, with a revenue of USD 463.7 million. The segment is expected to continue its dominance throughout the forecast period, owing to the growing incidence of respiratory disorders.

On the basis of technology, the market is segmented into mainstream, sidestream, and microstream. In 2019, the sidestream segment accounted for the largest share of the market, with a revenue of USD 500.6 million. However, the microstream segment is expected to witness the highest growth rate during the forecast period, owing to its advantages over other technologies, such as higher accuracy and faster response time.

By end-use, the market is divided into hospitals, ambulatory care centers, and others. In 2019, the hospitals segment accounted for the largest share of the market, with a revenue of USD 647.9 million. The segment is expected to continue its dominance throughout the forecast period, owing to the increasing adoption of capnography equipment in hospitals for patient monitoring.

Geographically, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2019, North America accounted for the largest share of the market, with a revenue of USD 548.1 million. The region is expected to continue its dominance throughout the forecast period, owing to the presence of well-established healthcare infrastructure and increasing adoption of capnography equipment in the region.

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