Capnography Equipment Market is anticipated to grow with a value CAGR of 4.45 % over 2019-2028. According to a study published by Insure Insights on the Capnography Equipment Market Capnography includes the monitoring of the concentration or partial pressure of carbon dioxide in the respiratory gases. It is usually used as a monitoring tool for use during anesthesia and intensive care. It is presented as a graph of expiratory carbon dioxide. It is used to detect displaced tracheal tubes and tracheostomy tubes and to diagnose inadvertent oesophageal intubation. The rising number of specialty clinics and super specialty hospitals and technological advances have driven the market.

Top Driver: The increasing number of surgeries are making a significant contribution to the Market

The increasing number of surgeries and growing incidences of respiratory diseases, and heart problems have highly contributed in the Market. The clinical benefits of Capnography Equipment over Pulse Oximetry and government initiatives in better healthcare have promoted the market.  The technological advances of Portable/Point-Of-Care Capnography devices, the rise in the healthcare infrastructure along with improved healthcare expenditure have positively impacted the market growth.

Accessories have obtained the highest growth in the Global Capnography Equipment Market

Based on Product, the Accessories segment have held the most significant growth.  The rise in the adoption of capnography equipment during surgical procedures and post-operative monitoring primarily boosted the segment. The increase in the use for capnography equipment for patient monitoring in anesthesia to improve patient safety, and the surge in the number of complex and critical surgical procedures worldwide have positively impacted the market. 

Based on Technology, mainstream segment has held in the lucrative share owing to the benefits obtained by mainstream capnography like higher accuracy as compared with sidestream capnography. In terms of Application, trauma and emergency care segment has held the highest share owing to the rise in the number of road accidents and Trauma cases across the globe.

North America to rule the Regional Market due to the rise in the patient population

The rise, in the prevalence of respiratory diseases owing to the unhealthy lifestyles and high-stress levels along with the presence of key players like Masimo Corporation Hill-Rom Holdings., Nonin Medical, etc. have primarily improved the market of North America. The favorable reimbursement scenario for respiratory and monitoring solution procedures are further expanding the market growth in the region. The Asia Pacific region is projected to growth at a significant rate owing to rise in the healthcare expenditure and growing awareness about the benefits of this technology.

Players to Focus on advancing the technologies, Product Launches, and signing merger and acquisition deals.

The Competitors are focusing on developing new technologies for enhancing the treatment capabilities, product launches, and signing merger and acquisition deals. The major competitors of the Capnography Equipment Market are NIHON KOHDEN, Philips, Medtronic, Smiths Group, Masimo Corporation, Drägerwerk AG & Co. KGaA, Hill-Rom Holdings Nonin Medical, Infinium Medical, Criticare Technologies, and Burtons Medical Equipment.

Smiths Group:  Smiths Group, is the leading competitor of the Capnography Equipment Market. For instance, in October 2018, Smiths Group had announced that it has entered into an agreement to acquire United Flexible, Inc. The deal was made for USD 345 million. This acquisition was made to strengthen its Flex-Tek division position.

Medtronic: Medtronic, is one of the major competitor of the Capnography Equipment Market. In February 2020, Medtronic, had announced the acquisition Digital Surgery, The acquisition was made to strengthen Medtronic’s capabilities to provide AI and data in laparoscopic and robotic-assisted surgery. 

Scope of the Report

By Product

• Capnometers
• Accessories

By Technology

• Sidestream Capnography
• Mainstream Capnography

By Application

• Cardiac Care
• Trauma and Emergency Care
• Respiratory Monitoring
• Others

By Region

• North America
• Europe
• Asia Pacific
• LAMEA

Key Reasons to Purchase this Report

1. It provides a technological development map over time to understand the growth rate of the industry.
2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
3. It renders definite analysis for changing competitive dynamics.
4. It builds a seven-year estimate based on how the market is predicted to grow.