The capnography equipment market was valued at USD 333.8 million globally in 2022, and over the course of the forecast period, a CAGR of 4.8% is anticipated. Traditionally, capnography equipment has been utilized during cardiac operations on patients who are deeply sedated. Globally, the number of critically ill patients is rising, which is driving up demand for capnography.
The industry is expanding significantly due to rising demand for handheld or portable capnographs. The global healthcare infrastructure upgrade is propelling the market's notable rise. Though a lack of knowledge regarding capnography equipment is severely impeding the market's expansion.
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Growth Drivers
The need for capnography devices is driven by the rising incidence of chronic illnesses such as asthma, COPD, and sleep apnea, which require accurate monitoring and diagnosis. Constant advancements in capnography technology, such as cordless and portable gadgets, improve accessibility and patient comfort. Hospital demand for these devices is increased by the fact that capnography is essential for monitoring patient breathing in critical care and anesthetic situations.
Hospitals and emergency care settings have adopted capnography and other respiratory monitoring equipment more frequently as a result of the pandemic's increasing need for them. The market is expanding as a result of the growing emphasis on patient safety and the requirement for precise and accurate respiratory monitoring devices. The industry is expanding dramatically because to the trend toward remote patient monitoring and home-based healthcare.
Segmentation
Product type
· Mainstream
· Sidestream
· Microstream
Technology
· Mainstream
· Sidestream
· Microstream
Component
· Monitors
· Disposables
· Accessories
End-User
· Hospitals
· Ambulatory Surgical Centers
· Emergency Medical Services
· Homecare settings
· Others
Regional Outlook
· Asia Pacific
· North America
· Latin America
· Europe
· Middle East and Africa
Key Players
· Medtronic plc
· Philips Healthcare
· Masimo Corporation
· Smiths Medical
· Nihon Kohedn Corporation
· Nonin Medical
· Welch Allyn
· Becton Dickinson and company
· Edwards life science corporation
· Covidien
· Oridion Medical
· Other Players
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