Capnography Device Market size to exceed $700 Mn by 2025
Published Date: July 17, 2019 Authors: Sumant Ugalmugle, Rupali Swain
Capnography Device Market size is set to exceed USD 700 million by 2025; according to a new research study published by Global Market Insights, Inc.
Use of capnography equipment in chronic surgeries will drive the capnography device market growth. Increasing number of surgical procedures across the globe will have booming impact on the demand and adoption rate of capnography devices. The use of capnograph for patients under mild sedation after surgery in order to monitor the vitals will propel the sales of devices in future.
Rise in number of respiratory or pulmonary diseases in the geriatric population will expand the capnography device market growth in the future. According to a recent survey, increasing evidence suggests that the use of devices was more frequently done in case of respiratory diseases. Also, declining preference of pulse oximetry devices will mark the growth of capnography equipment market growth in the forthcoming years.
Get more details on this report - Request Free Sample PDF
Lack of skilled professionals and labors will be one of the major impeding factors for the market growth. Capnograph is a complicated device that needs a trained and skilled professional with complete operational knowledge of the device. Shortage of healthcare professionals will affect the growth of capnography device market in future.
Browse key industry insights spread across 350 pages with 714 market data tables & 10 figures & charts from the report, “Capnography devices market Size By Product (Hand-held, Stand-alone, Multi-parameter) By Technology (Side Stream, Main Stream, Micro Stream) By Component (Original Equipment Manufacturer (OEM) Modules) By Application (Emergency Medicine, Critical Care, Procedural Sedation, Pain Management) By End-use (Hospitals, Ambulatory Care Centers) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, Netherlands, Sweden, China, Japan, India, Australia, South Korea, Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE, Egypt, Iran, Israel, Qatar), Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
Stand-alone capnography device market was valued at USD 117.5 million in the year 2018 and is estimated to hold significant market share over the forecast timeframe. Continuous analysis and recording of carbon dioxide concentrations in respiratory gases with the help of capnometer devices will boost the segment growth.
Side-stream capnography technology will show considerable amount of growth at 9.8% in the future. Side-stream capnography technology is easy-to-connect, easy-to-use in patients that are in inclined position and can be used simultaneously along with oxygen administration via a nasal prong, that will favor the capnography device market growth.
The use of capnography devices in critical care patients was valued at USD 93.3 million in 2018 and is expected to grow at robust rate in the foreseeable future. Increase in number of people suffering from cardio-respiratory disorders and high patient admissions will increase the demand and adoption rate of capnography devices, fueling the business growth.
Hospitals as an end-use segment is estimated to grow at 9.8% over the forthcoming years. Growing patient admissions in hospitals will lead to growing demand for capnography device market over the forecast timeframe. Increasing use of devices in postoperative patient monitoring to manage the flow of gases in hospitals will boost the industry growth.
U.S. capnography device market is estimated to hold majority of market share and was valued at USD 144.4 million owing to large patient population, high prevalence of cardio-respiratory diseases, presence of device manufactures in the country. According to CDC, around 9 million people suffered from respiratory diseases such as bronchitis and COPD in the year 2016. Increasing patients suffering from cardio-respiratory diseases will result increasing use of capnography devices, fueling growth in the country.
Some of the key capnography device market players such as CareFusion, Masimo Corporation, Medtronic, Smiths Medical, and among others. These companies majorly focus on several strategic decisions in order to increase the research and development investment. Merger and acquisitions have increased the capabilities of the companies and increased their efficiency to sustain in the market by providing better solutions. Also, new product launch in developed geographical regions will enhance the growth of the companies.
Capnography device market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million and units from 2014 to 2025, for the following segments:
Capnography Device Market By Product, 2014-2025 (USD Million and Units)
Capnography Equipment Market By Technology, 2014-2025 (USD Million and Units)
- Side Stream
- Main Stream
- Micro Stream
Capnography Device Market By Component, 2014-2025 (USD Million and Units)
- Original Equipment Manufacturer (OEM) Modules
Capnography Equipment Market By Application, 2014-2025 (USD Million and Units)
- Emergency Medicine
- Critical Care
- Procedural Sedation
- Pain Management
Capnography Device Market By End-use, 2014-2025 (USD Million and Units)
- Ambulatory Care Centers
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
- DiMedica, Inc.
- Dragerwerk AG & CO. KGaA
- Masimo Corporation
- Nihon Kohden
- Nonin Medical
- Phillip Healthcare
- Smiths Medical
- Welch Allyn
Explore More on Related Topics: