The increasing need for convenience & patient safety and endemic respiratory diseases will enhance the capnography devices market growth during the forecast period. Capnography Device is a tool which monitors the levels of expiratory CO2 respiratory gases during anesthesia, procedural sedation, and intensive care. Factors such as the increasing adoption of capnography device during surgical procedures and the growing number of complex and critical surgical procedures are expected to stimulate market growth within the forecast period.
The global capnography device market was valued at USD 298.1 million in 2018 and is expected to reach a value of USD 696.95 million by 2026 with an anticipated CAGR of 11.2% during the forecast period, 2019–2026.
Presence of Medical Device Manufacturers to Propel the North America Market Demand
In North America, the voracious demand and growth potential of the micro steam capnography allows the region to spearhead the market. The strong presence of medical device manufacturers is taking the market to new heights. Moreover, the incorporation of new technologies and models for respiratory and monitoring solutions aimed towards medical efficacy, patient’s safety, and clinical efficiency are anticipated to drive the regional demand.
Government Initiatives Regarding Health Safety to Present Lucrative Market Opportunities
The Asia-Pacific capnography device market is underway significant growth due to the unmet needs coupled with increasing patient awareness and improving healthcare structure. China, India, and Japan are the emerging markets seizing opportunities for future growth. The LAMEA capnography market is foreseen to observe steady growth during the forecast period due to the soaring demand for plastic surgery procedures and burgeoning medical tourism. Moreover, factors affecting the growth of capnography devices in the region are growing cases of respiratory diseases, surging geriatric population, and an increase in tobacco consumption.
Got questions about your regional growth of
Capnography Device Market?
Just drop us a line or call on +1 646 480 7505
Handheld and Mainstream Segment to Flourish Due to Associated Benefits and Turnkey Solution, Respectively
The handheld segment holds substantial share among other product segments in the market during the forecast period, owing to benefits associated with the product — portability, light-weight, ease-of-use, and treatment efficiency. Handheld Devices are usually employed for treating adult and infant patients in measuring end-tidal carbon dioxide. The mainstream segment is expected to hold significant share among other technology segments in the market during the forecast period as this technology is a turnkey solution — effective and easier to incorporate. Mainstream Technology facilitates quick response time as the EtCo2 need not have to travel as far to reach the sensor. The hospital segment is expected to hold the largest share among other end-use segments in the market due to the inclination of hospitals from conventional patient monitoring devices to capnography. The capnography device is capable to monitor the levels of carbon dioxide respiratory gases thereby increasing its deployment rate in hospitals.
Capnography Device Market Segmentation
" Crucial Insights The Report Provides:"
* Known and Unknown Adjacencies Influencing the Growth of Market
* Explorable Revenue Sources
* Customer Behaviour Analysis
* Target Partners
* Customized Geographical Data Based on Customers as well as Competitors
* Analysis of Market Size and CAGR between the Forecast PeriodsView Full Report Buy This Report Now