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Capnography Equipment Market is Estimated to Expand at a CAGR of 4.4% by 2031 | ZOLL Medical (Asahi Kasei) (Japan), Becton, Dickinson, and Company (US)

06-06-2023 02:47 PM CET | Health & Medicine

Press release from: Global Insight Services

Capnography Equipment Market

Capnography Equipment Market

The global capnography equipment market was valued at 344.0 USD Million and it is anticipated to reach USD 530.3 Million by 2031, growing at a constant rate of 4.4% from 2022-2031.

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Capnography equipment is conventionally used for cardiology surgeries for patients under deep sedation and anesthesia. Still, with the increasing number of target patients for critical applications such as trauma and emergency cases, the demand for portable/point-of-care capnography equipment is expected to increase. In line with this changing market trend, key market players are primarily focusing on developing portable/point-of-care or handheld capnography equipment that can be used for such applications that require easy device mobility and patient access.

Market Trends and Drivers

The key factors such as the development of portable/POC capnography devices. In the initial stages, healthcare professionals can identify potential breathing complications (like airway obstruction, hyperventilation, hypoventilation, or apnea) through ventilation monitoring or capnograph evaluation of target subjects. Real-time measurement of various respiratory parameters helps healthcare professionals decide on patient treatment options and enables timely intervention at the onset of an adverse respiratory event.

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Major Players in Global Capnography Equipment Market

The key players comprised in the global capnography equipment market are ZOLL Medical (Asahi Kasei) (Japan), Becton, Dickinson, and Company (US), Drägerwerk AG & Co. KGaA (Germany), Edan Instruments, Inc. (China), GE Healthcare (US), Hamilton Medical (Switzerland), Welch Allyn (a Hill-Rom company) (US), Koninklijke Philips N.V. (Netherlands), Masimo Corporation (US), Medtronic plc (Ireland), Mindray Medical (US), Nihon Kohden (Japan), Nonin Medical Inc.(US), Schiller (Switzerland) and Smiths Medical (UK), Avante (US), Bionics (South Korea), BPL Medical Technologies (India), Burtons Medical Equipment, Ltd. (UK), Criticare Technologies, Inc. (US), Diamedica (UK), Infinium Medical (US), SunMed (US), Nidek Medical India (India), ResMed Inc. (US), RMS (India), Shenzhen Comen Medical Instruments Co., Ltd. (China), SLE Ltd. (UK), UTAS Co. (Ukraine), and Zoe Medical (US).

COVID-19 Analysis

Logistical issues, managing patients with the disease, prioritizing patients with comorbidities and pre-existing conditions, and protecting the public and hospital frontline workers from exposure to the COVID-19 infection are the major challenges faced by healthcare systems across the world. Many hospitals have implemented various isolation approaches to minimize the spread of the infection. The demand for capnometers and supporting capnography accessories saw substantial increases. While the shortage of medical products became a serious issue, it also led to increased demand; hence production rose almost tenfold.

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Market Segments

By Product Type

Capnometers
Capnography Accessories and Disposables

By Technology

Mainstream
Sidestream
Microstream

By Application

Cardiac Surgeries
Trauma and Emergency Care
Respiratory Monitoring
Others

By End Users

Hospitals
Ambulatory Surgery Centers & Home Care
Others

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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