Report ID: SQMIG35A2381
Report ID:
SQMIG35A2381 |
Region:
Global |
Published Date: April, 2024
Pages:
219
|
Tables:
63 |
Figures:
75
Capnography Devices Market size was valued at USD 688.45 Million in 2023 and is poised to grow from USD 756.61 Million in 2024 to USD 1610.1 Million by 2032, growing at a CAGR of 9.9% during the forecast period (2025-2032).
The capnography devices market growth is anticipated to go up in the following years based on government support, an increase in respiratory disease cases, and upcoming technological development. The most significant factors contributing to this development are high efficiency and reliability in treating respiratory diseases through increased adoption of capnography. Capnography is becoming increasingly valuable in clinical settings with its ability to monitor a patient's respiratory status especially in cases of critical care. 4.6% of individuals were diagnosed with chronic bronchitis, emphysema, or chronic obstructive pulmonary disease (COPD) in the year 2022, and thus, in general, there is a need for improved respiratory surveillance. In addition, around 791,000 ED visits were associated with COPD-related issues, and 4.2% of office-based physician visits consisted of a diagnosis of COPD. Further, technological advancements such as the invention of portable and handheld capnography equipment have helped augment the market. These advances also made it easier to incorporate with other monitoring systems, increase its accuracy and usefulness, and thus, capnography is now an essential tool in a variety of healthcare settings. Since the devices used for capnography are essential for monitoring the CO2 level during procedures, there has also been an increased demand for them because of the number of surgeries and especially those involving anesthesia that have mushroomed in recent times. This promises the effectiveness of anesthetic management and protection of a patient. The capnography devices industry is anticipated to grow substantially in the expected period due to the combination of these factors.
US Capnography Devices Market is poised to grow at sustainable CAGR for the next forecast year.
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Report ID: SQMIG35A2381