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Capnography Equipment Market Trends, Size, Segment and Growth by Forecast to 2028

12-11-2024 02:28 PM CET | Health & Medicine

Press release from: The Insight Partners

Capnography Equipment Market

Capnography Equipment Market

The capnography equipment market is expected to grow from US$ 447.59 million in 2021 to US$ 716.38 million by 2028; it is estimated to grow at a CAGR of 7.1% from 2022 to 2028.

Regional Overview:
Asia Pacific is expected to register the highest CAGR in the capnography equipment market during the forecast period. High demand for CO2 measurement instruments, increasing prevalence of respiratory diseases, and rising investments in R&D by major market players are among the factors augmenting the growth of the Asia Pacific capnography equipment market. According to the research data published in the Journal of Thoracic Diseases in China, COPD is progressively becoming a cause of public health concern, and it ranks first among the causes of disability. In 2018, the overall prevalence rate of COPD in China was 8.2%, and the mortality rate because of the disease was ~1.6%. COPD is stated to be the fourth leading cause of death in rural areas, with a prevalence rate of 4.4-16.7%. Thus, the growing prevalence of COPD is fueling the growth of capnography market in China. According to Statista, Chinese hospitals led more than 66 million inpatient surgical operations in 2020. The number varied considerably among regions. Health institutions in the southern province of Guangdong conducted more than 8 million operations in the year, while the western province of Qinghai led less than 200,000. The upsurge in the number of surgeries carried out in China is contributing to the growth of the capnography equipment market in APAC.

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Technology Insights:
Based on technology, the capnography equipment market is segmented into mainstream capnography, sidestream capnography, and microstream capnography. In 2021, the mainstream capnography segment held the largest share of the market. In mainstream capnography, CO2 sensor is located between endotracheal tube and breathing circuit. It is characterized as invasive and the measurement of ETCO2 is done at the airway or sample site. The growth of the market for mainstream capnography is mainly ascribed to the ease of use, accuracy of monitoring breathing in intubated patients, and shorter response time. In April 2021, Masimo announced the FDA clearance of Radius PCG for the Root Patient Monitoring and Connectivity Platform. The product does not require any routine calibration. It provides accurate ETCO2, respiration rate measurements, and continuous EtCO2 waveforms displayed within 15 seconds.

Market Players Density:
The Capnography Equipment Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Company Profiles:

• Medtronic
• Koninklijke Philips N.V.
• General Electric Company
• Dragerwerk AG & Co. KGaA
• Nihon Kohden Corporation
• Hill Rom Holding Inc. (Baxter)
• Masimo
• SCHILLER Americas Inc.
• ICU MEDICAL Inc.
• BD

Capnography Equipment Market - Segmentation:
The capnography equipment market is analyzed on the basis of product type, technology, application, end user, and geography. Based on product type, the market is segmented into capnography accessories & disposables and capnometers. Based on technology, the market is segmented into mainstream capnography, sidestream capnography, and microstream capnography. Based on application, the capnography equipment market is segmented into cardiac care, trauma and emergency care, procedural sedation, respiratory monitoring, and other application. Based on end user, the market is segmented into hospitals, ambulatory surgery centers, home care settings, and others. On the basis of geography, the capnography equipment market is segmented into North America (US, Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia Pacific), the Middle East & Africa (UAE, Saudi Arabia, Africa, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America).

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Capnography Equipment Market based on various segments. It also provides market size and forecast with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Capnography Equipment Market by each region is later sub-segmented by respective countries and segments.

Contact US
Contact Person : Ankit Mathur
Phone : +1-646-491-9876
E-mail : sales@theinsightpartners.com

About US
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Food and Beverages, Consumers and Goods, Chemicals and Materials.

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