The capnography devices market is augmenting due to the growing technological advancements coupled with the rising prevalence of respiratory diseases and the increasing demand for high-quality healthcare services. With the ever-increasing prevalence of diseases across the globe, health infrastructure is adopting capnography in patient monitoring that assists them to stay fit and are investing more in healthcare services. Capnography is the process of measuring concentrations of carbon dioxide (CO2) in respiratory gasses. With the help of a capnograph, the device measures the level of CO2 released into the bloodstream. The readings are displayed graphically, and devices are user-friendly functioning. The Global Capnography Devices Market is estimated to see healthy growth, pegged at a CAGR of around 8.3% throughout the forecast period 2020-2026.
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Respiratory diseases, such as asthma, respiratory infections, lung cancer, and COPD, are increasing tremendously in both the developed and emerging countries, which are diagnosed via capnography devices. Chronic respiratory diseases affect the airways and other parts of the lungs for a longer duration. They are the primary result of various diseases, thus needing significant consultation with doctors and physicians in primary health care centers. Smoking and tobacco intake are one of the primary reasons causing respiratory diseases across the globe.
Also, several companies are merging their business with a capnography device manufacturing company to overcome the lack of capnography required to treat COVID-19 patients. The body produces carbon dioxide as a byproduct for the essential functioning of the body with metabolism. Then, this byproduct is eliminated when transported through the blood to the patient’s lungs. At this moment, capnography devices are used to measure this expired CO2, for measuring the content of carbon dioxide inhaled and exhaled by the patient. Capnography devices not only measure the quantity of carbon dioxide but also used to measure and quantify the respiratory rate of patients, which is recorded in a waveform. Capnography devices have served as a diagnostic device for various respiratory diseases, such as chronic obstructive pulmonary disease (COPD), pulmonary embolism, and asthma. This device is to be authorized by the FDA (Food and Drug Administration) to measure carbon dioxide. Moreover, the increase in the geriatric population being extensively susceptible to developing lung disease requires measuring carbon dioxide presence and increasing the demand for Capnography devices.
Segmentation Overview of the Global Capnography devices Market
The capnography devices market is segmented into component, product, technology, application, and end-use. These major market segments are further categorized into various sub-segments to study the market in detail.
By Component Outlook (OEM Modules and Others)
By Product Outlook (Handheld, Standalone, and Multiparameter)
By Technology Outlook (Mainstream, Sidestream, and Microstream)
By Application Outlook (Emergency Medicine, Pain Management, Procedural Sedation, Critical Care, and Others)
By End-Use Outlook (Hospitals, Ambulatory Care Centers, and Others)
Key Players Insights
Masimo, Smiths Medical, Inc., Dragerwerk AG & Co. KGaA, Welch Allyn (Hill-Rom Holdings, Inc.), Koninklijke Philips N.V., Medtronic, Nonin Medical, Inc., Nihon Kohden Corporation, Diamedica (UK) Limited, Edan Instruments, Inc. and others, are some key market players included in the research study of the global Capnography devices market.
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