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Capnography Devices Market: By Product (Handheld, Standalone, Multiparameter), By Technology (Mainstream, Sidestream, Microstream), By Application (Emergency Medicine, Pain Management, Procedural Sedation, Critical Care), By End User (Hospitals, Ambulatory Care), And Region - Global Analysis of Market Size, Share & Trends For 2021-2022 And Forecasts To 2032
Capnography device is a medical tool that measures carbon dioxide in a patient's exhaled air or respiratory gases. It can be used to distinguish between the various respiratory distress symptoms that EMS professionals frequently see in conditions like asthma and COPD, among others. These quick-measure respiratory health tools let clinicians react more quickly when a patient's breathing is not normal. It gives real-time information and graphical waveform readings while measuring the amount of carbon dioxide in exhaled air. The effectiveness of Cardiopulmonary Resuscitation (CPR) is monitored in cardiac arrest patients for continuous monitoring in the emergency department and intensive care unit (ICU), during ambulatory transport, and to ensure the proper placement of an Endotracheal Tube.
Capnography Devices Market to surpass USD 1412.7 million by 2032 from USD 545.63 million in 2021 at a CAGR of 9.0% in the coming years, i.e., 2022-32. The adoption of capnography in patient monitoring due to its increased reliability & efficiency as well as the establishment of regulatory rules for procedural sedation are expected to drive the growth of the Capnography Devices Market over the forecast period. The demand for the product is also being driven by associated benefits like the convenience of use, minimally invasive nature, and medical effectiveness, which is encouraging market growth.
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Capnography Devices Market is categorized on the basis of Product into Handheld, Standalone, and Multiparameter. During the projected period, the Multiparameter segment is anticipated to increase at a higher CAGR. Their expanding use in procedural sedation and emergency care is driving the segment’s growth. Also, the improvements in capnography, such as the sensor downsizing and the integration of many sensors into a single device to permit the simultaneous monitoring of multiple gases, have made sample collection simple and quick as well as enabled long-term deployment. During the projected period, the aforementioned factors would fuel demand for multiparameter instruments.
Capnography Devices Market is categorized on the basis of application into Emergency Medicine, Pain Management, Procedural Sedation, Critical Care, and Others. The capnography device has numerous uses in the management of procedural sedation in dentistry and is thus anticipated to expand at a sizable CAGR throughout the projected period. By creating capnographs, the device provides real-time, non-invasive, continuous measurement, etc., which aids in determining the current state of a patient's circulatory and metabolic systems. These related advantages are anticipated to increase the demand for these devices, resulting in growth for the industry in the near future.
The growth of the Capnography Devices Market will be aided by technological developments, the incidence of respiratory disorders, and helpful government efforts over the projected period. The market's revenue is being greatly supported by favorable guidelines for capnograph’s use that have been released by various governmental organizations. Since capnography is more reliable and effective, it is expected to increase the medical effectiveness of these devices in patient monitoring, which will have an impact on market growth. Capnography is increasingly used in the treatment of respiratory disorders.
In the upcoming years, the expanding use of capnographs in emergency medical applications would acquire substantial traction. This has greatly aided the growth of the Capnography Devices Market. Capnography is frequently used in pre-hospital emergency situations since it helps ensure that endotracheal tubes are correctly put, which is important in an out-of-hospital context. The Capnography Devices Market is developing as capnometers are increasingly preferred instead of oximetry. The market growth is also boosted by an increase in minimally invasive and non-invasive procedures.
Insufficient information on capnography among medical professionals may create barriers to the growth of the Capnography Devices Market in the near future. The market growth is also anticipated to be hampered by the high cost of capnography devices and the strict regulatory norms for product approval.
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
Capnography Devices Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. North America held the larger revenue share in 2021. The key factor driving the regional market is the increased prevalence of respiratory disorders as a result of unhealthy lifestyles and high levels of stress.
Over the projected period, Asia Pacific is projected to hold a remarkable CAGR. The rapid development is attributed to ongoing advancements in healthcare systems, an increase in healthcare spending, and rising end-user knowledge of the usage of capnography technology in the region.
The management of COVID-19 patients included the use of capnography monitoring, as a vital component. Market participants like Medtronic observed a spike in demand for capnography devices and other respiratory system-related goods during the COVID-19 pandemic. Clinicians are using Vital Sync's remote monitoring platforms to monitor patients with respiratory issues and reduce their exposure to coronavirus infection.
REPORT ATTRIBUTE |
DETAILS |
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Market Size Value in 2021 |
USD 545.63 million |
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Revenue Forecast in 2032 |
USD 1412.7 million |
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Growth Rate |
CAGR of 9.0% from 2022 to 2032 |
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Base Year for Estimation |
2021 |
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Quantitative Units |
Revenue in USD million and CAGR from 2022 to 2032 |
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Report Coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
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Segments Covered |
Product, Technology, Application, End User, and Region |
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Regional Scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
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Key Companies Profiled |
Koninklijke Philips N.V., Medtronic, ZOLL Medical, Dragerwerk AG & Co. KGaA, Smiths Medical, Nihon Kohden Corp., Masimo Corporation, Edan Instruments Inc., Hamilton Medical, Nonin Medical Inc., Burtons Medical Equipment Ltd., Avante, Technocare Medisystems, Criticare Technologies Inc., Infinium Medical, and Other Prominent Players. |
The Capnography Devices Market size was estimated at USD 545.63 million in 2021 and is expected to reach USD 1412.7 million in 2032.
A capnography device is a medical tool that measures carbon dioxide in a patient's exhaled air or respiratory gases. It can be used to distinguish between the various respiratory distress symptoms that EMS professionals frequently see in conditions like asthma and COPD, among others.
The Multiparameter and Procedural Sedation segments accounted for the larger share of the Capnography Devices Market
Key players in the Capnography Devices Market are Koninklijke Philips N.V., Medtronic, ZOLL Medical, Dragerwerk AG & Co. KGaA, Smiths Medical, Nihon Kohden Corp., Masimo Corporation, Edan Instruments Inc., Hamilton Medical, Nonin Medical Inc., Burtons Medical Equipment Ltd., Avante, Technocare Medisystems, Criticare Technologies Inc., Infinium Medical, and Other Prominent Players
The adoption of capnography in patient monitoring due to its increased reliability & efficiency as well as the establishment of regulatory rules for procedural sedation are expected to drive the growth of the Capnography Devices Market over the forecast period
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