June 2, 2020

Capnography Equipment Market: Global Industry Size, Share, Growth, Trends, Analysis and Forecast 2018 to 2026

The latest market report published by Credence Research, Inc. “Capnography Equipment Market – Growth, Future Prospects, and Competitive Analysis, 2018 – 2026”, the capnography equipment market was valued at US$ 264.3 million in 2017 and is expected to reach US$ 390.5 million by 2026 for a CAGR of 4.5 per cent during the 2018-2026 forecast period.

Market Insights

The global market for capnography equipment shows productive growth during the forecast period from 2018 to 2026 due to an increase in the prevalence of respiratory disorders, rising surgical procedures and global emergency situations. Capnographic devices monitor the levels of expiratory carbon dioxide in the respiratory system during intensive care, anesthesia and sedation. New technology advancement in capnographic equipment technology, increased manufacturing and demand for side-stream, micro-stream capnographs & consumables is driving market growth during the forecast period.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/capnography-equipment-market

The production of high-quality equipment with increased costs in the equipment segment, such as multiparameter capnographs and stand-alone capnographs, is also a major driver of overall growth. Sidestream capnography is leading the global market due to its ability to monitor patients under emergency and unintuated conditions, ease of use and availability of portable devices. Development of point-of-care / portable capnography devices and clinical benefit over pulse oximetry are gaining traction during the forecast period. In addition, increasing applications in cardiac care, trauma & emergency care, respiratory monitoring and home care continue to generate global demand for capnography equipment.

Other major growth factors include increasing hospitalizations for respiratory diseases, increasing the ambulatory care segment (mainly to diagnose hypoxia under critical conditions), advancement in the digital industry, and the use of advanced systems in mainstream and side-stream capnography. Major external factors include the expansion of healthcare facilities with high-quality equipment and tools, an increase in patients ‘ mortality and morbidity rates, an increase in the number of global surgical procedures (procedural sedation) and a new product launch that generates maximum revenue share during the forecast period. In addition, increased partnerships with hospitals, strategic alliances between private players and the use of top services in capnography equipment (postoperative monitoring, patient monitoring for anesthesia, hypoventilation, esophageal intubation, endotracheal tube placement, etc.) are growing significantly, mainly in developed countries.

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In addition, growing advancements in R&D for capnography equipment technology, implementation of point of care diagnostics, availability of medical reimbursements for capnography equipment, government and organizational support (American Society of Anesthesiologists, Association of Anaesthetists of the Great Britain & Ireland, European Resuscitation Council, Intensive Care Society) for various capnography applications is further going to spur revenue growth during the forecast period.

However, the high cost of the capnography equipment, less follow-up of guidelines related to the clinical use of capnography, low awareness about the treatment and management, shortage of skilled professionals in the developing nations to operate capnography, are few factors limiting the growth of the capnography equipment market globally. Other external factors include increased regulations for medical devices by governing bodies mainly in Europe, India, China, and Japan, and less availability of advanced systems in healthcare settings.

Key Market Movements:

  • Globally, the capnography equipment market remains to exhibit a profitable growth with a CAGR of 4.5% for the period from 2018 to 2026
  • Higher technology assessment in the microstream equipment segment is gaining traction in the market
  • Latin America, Eastern Europe, and the Asia Pacific to show promising opportunities and shows growing CAGR during the forecast period owing to rising awareness among the individuals about new capnography equipment technology
  • Growing number of advanced healthcare settings, easy accessibility of branded equipment, and increasing healthcare spending in developing nations along with rising cases for asthma will contribute to the growth of the market.
  • Major players in this vertical are Drgerwerk AG & Co. KGaA, Burtons Medical Equipment, Ltd., Masimo Corporation, Koninklijke Philips N.V., NIHON KOHDEN CORPORATION, Smiths Group PLC, Welch Allyn, Inc., Medtronic PLC, Infinium Medical, Nonin Medical, Inc. and others.

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59384

 [Note: Our Free Complimentary Sample Report Accommodate a Brief Introduction To The Synopsis, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology are also Included]

Report Scope by Segments

By Product Type

  • Mainstream Capnographs
  • Sidestream Capnographs
  • Microstream Capnographs and Disposables

By End User Segment

  • Hospitals
  • Ambulatory Centers
  • Others

By Geography Segment

  • North America (the U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of World (Middle East & Africa (MEA), Latin America)

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59384

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