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 Insights

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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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. 

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Global Capnography devices Market

Report ID: SQMIG35A2381

$5,300
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