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The global capnography devices market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 8% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Capnography devices refer to various medical equipment that are used for measuring the amount of carbon dioxide (CO2) present in the patient’s bloodstream. They measure the inhaled and exhaled concentration of CO2 in the body. The devices are used for patients undergoing anesthesia to ensure that they are receiving ample oxygen throughout the surgical procedure. These devices are commonly available in handheld, standalone and multi-parameter variants based on main-, side- and micro-stream technologies. They also aid in diagnosing the cause of respiratory distress, providing real-time feedback on treatment effects and detecting shocks.
The increasing prevalence of respiratory and chronic obstructive pulmonary diseases (COPD), such as pulmonary embolism and asthma, is one of the key factors driving the growth of the market. These devices are also being used for monitoring patients under intensive care who are suffering from the coronavirus disease (COVID-19). Furthermore, the rising geriatric population, which is more susceptible to lung disorders, is also providing driving the market growth. Capnography devices are widely being used for operative and post-operative care of patients and are commonly used in operation, recovery and critical rooms, wards and ambulances. Various product innovations, such as the development of technologically advanced devices that offer ease-of-connection, convenient sterilization and enable accurate monitoring of non-intubated substances, are acting as another growth-inducing factor. The market is further driven by the launch of variants that are integrated with photodetectors, molecular correlation spectroscopy and miniaturized multi-gas monitors that are highly accurate and have an adjustable flow rate. Other factors, including significant improvements in the healthcare infrastructure, along with the development of portable and point-of-care (POC) capnography devices, are projected to create a positive outlook for the market.
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The report has also analysed the competitive landscape of the market with some of the key players being BD (Becton, Dickinson and Company), Burtons Medical Equipment Ltd., Criticare Technologies Inc. (Opto Cardiac Care Limited), FUTEK Advanced Sensor Technology Inc., DiaMedica Therapeutics Inc., Drägerwerk AG, EDAN Instruments Inc., Hill-Rom Services Inc., Infinium Medical, Koninklijke Philips N.V., Masimo Corporation, Medtronic Inc., Nihon Kohden Corporation, Nonin Medical Inc., Smiths Medical Md Inc., Zoe Medical Incorporated, etc.
|Base Year of the Analysis||2020|
|Segment Coverage||Product, Product Type, Technology, Application, End-User, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||BD (Becton, Dickinson and Company), Burtons Medical Equipment Ltd., Criticare Technologies Inc. (Opto Cardiac Care Limited), FUTEK Advanced Sensor Technology Inc., DiaMedica Therapeutics Inc., Drägerwerk AG, EDAN Instruments Inc., Hill-Rom Services Inc., Infinium Medical, Koninklijke Philips N.V., Masimo Corporation, Medtronic Inc., Nihon Kohden Corporation, Nonin Medical Inc., Smiths Medical Md Inc. and Zoe Medical Incorporated|
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