Global Capnography devices Market

Capnography Devices Market Size, Share, Growth Analysis, By Product(Hand-held, Stand-alone, Multi-parameter), By Technology(Mainstream, Sidestream, Microstream), By Region - Industry Forecast 2025-2032


Report ID: SQMIG35A2381 | Region: Global | Published Date: April, 2024
Pages: 219 | Tables: 63 | Figures: 75

Capnography Devices Market Dynamics

Capnography devices Market Drivers

Increased Prevalence of Respiratory Disease 

  • The main driving force behind the growth of the market is the increasing prevalence of respiratory disorders such as asthma, sleep apnea, and COPD. Since these conditions require continuous monitoring of the carbon dioxide (CO2) levels, capnography devices play a significant role in the proper management and diagnosis of respiratory disorders, especially in critical care, emergency care settings, and ambulatory care settings. 

Advancements in Capnography Technology 

  • The growth of the market is driven by advances in capnography technologies such as the introduction of hand-held, portable monitors, improved accuracy, and incorporation of other monitoring devices. Within a variety of healthcare settings there is greater demand since it makes devices easier for the end-users and health practitioners, an improved performance and extended scope of applications. 

Capnography devices Market Restraints  

High Cost of Capnography Devices 

  • Even though the capnography device is critical and very helpful in monitoring respiratory diseases, the high cost of its purchasing remains a significant barrier as most such areas lack resources. The initial cost for smaller hospitals and health institutions may prevent them from acquiring such devices, not to mention the ongoing costs involved in the maintenance and calibration of the equipment. This cost barrier prevents their widespread use, which limits market expansion in underdeveloped nations and in smaller clinics that cannot afford sophisticated diagnostic equipment. 

Regulatory and Compliance Issues 

  • Strict regulatory laws that manufacturers have to adhere to in the clearance and certification of the product exert considerable influence in the capnography devices market. This could push back on the shelf time for new gadgets, especially as these regulatory processes tend to be tedious and costly. The pace at which new technologies can be deployed is limited by the complexity and increased cost of operations associated with compliance with regional and international standards, such as FDA or CE mark approvals. 
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Global Capnography devices Market size was valued at USD 688.45 Million in 2023 and is poised to grow from USD 756.6 Million in 2024 to USD 1465.06 Million by 2031, at a CAGR of 9.9% during the forecast period (2024-2031).

Medtronic, Philips Healthcare, and Respironics are dominating the competitive capnography devices industry. Through the production of advanced capnography solutions having more accuracy, mobility, and integration with other monitoring systems, innovation is the main concern of these businesses. Other smaller businesses, and new players, are adding to competition by developing portable and relatively affordable devices. In this industry, firms often enter strategic alliances, mergers, and acquisitions to expand their share of the market and enhance their product offerings.  'Medtronic plc (Ireland)', 'Philips Healthcare (Netherlands)', 'Masimo Corporation (US)', 'Smiths Medical (US)', 'Drägerwerk AG & Co. KGaA (Germany)', 'Nihon Kohden Corporation (Japan)', 'Welch Allyn, Inc. (US)', 'Nonin Medical, Inc. (US)', 'CareFusion Corporation (US)', 'ZOLL Medical Corporation (US)', 'Schiller AG (Switzerland)', 'Edan Instruments, Inc. (China)', 'Infinium Medical (US)', 'Schmitz u. Söhne GmbH & Co. KG (Germany)', 'HEYER Medical AG (Germany)', 'BPL Medical Technologies (India)', 'DiaSys Diagnostic Systems GmbH (Germany)', 'CONTEC Medical Systems Co., Ltd. (China)', 'Shenzhen Mindray Bio-Medical Electronics Co., Ltd. (China)', 'Vyaire Medical (US)'

The main driving force behind the growth of the market is the increasing prevalence of respiratory disorders such as asthma, sleep apnea, and COPD. Since these conditions require continuous monitoring of the carbon dioxide (CO2) levels, capnography devices play a significant role in the proper management and diagnosis of respiratory disorders, especially in critical care, emergency care settings, and ambulatory care settings. 

Ambulatory Care Growth: Shorter hospital stays, cost-effectiveness, and faster periods of recovery are driving the market for the use of capnography devices, meeting the rising need for ambulatory care services. These devices ensure respiratory monitoring in minimally invasive procedures and outpatient settings with real-time CO2 monitoring, critical for patient safety at all stages of anesthesia and recovery. 

In 2023, the North American capnography devices market dominated the market. The primary driver in the regional market is the rising number of respiratory conditions caused by unhealthy lifestyles and higher stress levels. Further demand for products will also be led by new reimbursement models in the area for respiratory and monitoring solutions, along with strict regulations geared toward clinical effectiveness, patient safety, and medical efficacy. According to a 2020 American Psychological Association poll, 49% of American people said that their conduct was negatively influenced by increasing stress, and 21% reported that their physiological tension worsened as a result. 

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Capnography devices Market

Report ID: SQMIG35A2381

$5,300
BUY NOW GET FREE SAMPLE