Capnography Market Research, Size, Industry & Landscape Outlook, Revenue Growth Analysis to 2028
The capnography market is expected to reach USD 3.7 Billion at 33.7% CAGR during the forecast period 2020 to 2028.
Capnography
is the process to measure CO2 presence in the respiratory gases. It is mostly
used during anesthesia in intensive care. The measurement is shown through a
graph which is known as capnogram. The measurement of the CO2 in the arterial
blood is essential in conditions such as congenital heart disease. It works by
understanding the CO2 absorption through infrared radiation. Its analysis is
fast, and accuracy is highly esteemed. Among other situations, capnography
works well with pulmonary perfusion, alveolar ventilation, respiratory
patterns, and elimination of CO2 from breathing circuit and ventilator during
anesthesia. MRFR in their report on the market makes an impactful analysis of
the segments, along with their volume-wise and value-wise data. Simultaneously,
the report also discusses factors that can contribute significantly in the
coming years.
The market
is gaining much mileage from the approvals of various healthcare bodies which
can provide the market with much-needed traction. Increasing cases of cardiac
diseases and others are making capnography’s inclusion all the more necessary.
Technological advancement in the segment is also helping the market to reassess
its strategic moves continuously, and individual efforts from players are
assisting the market in its expansion.
Segmentation:
MRFR on
their report on the global capnography market segmented the market by type,
devices, application, and end-user.
Based on
the type, the capnography market can be segmented into capnograph and
disposable. The capnograph segment includes mainstream capnography, sidestream
capnography, and micro stream capnography. Mainstream capnography can be
subdivided into the standalone monitor, handheld monitor, and multi-parameter
monitor.
Device-wise,
the capnography market includes handheld monitors, stand-alone monitors, and
others. Handheld monitors are enjoying widespread popularity.
Application-wise,
the capnography market can be segmented into procedural sedation, critical
care, emergency medicine, pain management, and general floor. The procedural
sedation segment is expected to rise substantially during the forecast period.
Based on the end-user, the capnography market comprises hospitals,
clinics, and ambulatory surgical centers. The ambulatory surgical centers are
expecting substantial growth during the forecast period.
Regional
Analysis:
MRFR,
regionally, segments the capnography
market research into the Americas, Europe, Asia Pacific (APAC), and the Middle
East and Africa (MEA).
Rising
cases of asthma among kids can trigger the regional capnography market which
can also expect substantial backing from the rise in chronic diseases. North
America dominates the global capnography market due to the development of
advanced products in this region. In Latin America, governments are making the
use of capnography mandatory for various treatments owing to which the regional
market is witnessing substantial growth. In addition, the market is also
receiving support from the World Health Organization (WHO). The American
Society of Anesthesiologists made it an integral part of sedation and
anesthesia. High-level stress and pollution are also triggering cases of asthma
which can better the market scenario in the coming years.
Europe’s
market is receiving the benefits of a superlative healthcare structure.
Capnography is enjoying substantial inclusion in hospitals and ambulatory cares
owing to which the market is ballooning.
The APAC
market is expected to be the fastest growing one during the forecast period as
its huge population is witnessing a rise in chronic diseases. Healthcare
expenditure in the region is also experiencing substantial rise as countries
are banking on evolving as a medical tourism hub to better their industrial
identity.
Competitive
Landscape:
Notable
players performing well in the global capnography market as per the report of
MRFR are Smiths Medical Inc, Nonin medical Inc, Hill Rom Holding Inc, Welch
Allyn, Dreagerwerk AG & CO. KGaA, Medtronic, Nihon Kohden Corporation,
Diamedica Limited, Care Fusion Cooperation, Covidien Ltd, Edan Instruments,
Inc., Masimo, Koninklijke Philips N.V., and BD.
In 2018,
Masimo announced that their Rad-97 Pulse CO-Oximeter with in-built NomoLine
capnography got the CE marking. The clearance makes it possible for Masimo to
market it both within the U.S. and outside of it.
Browse
Complete Report @ https://www.marketresearchfuture.com/reports/capnography-market-1535
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