The Global Capnography Devices Market Size accounted for USD 513 Million in 2021 and is estimated to achieve a market size of USD 1,134 Million By 2030 growing at a CAGR of 9.3% from 2022 to 2030. Clinical benefit of capnometers is primarily driving the capnography devices market revenue. In addition, evolving guidelines related to the clinical use of capnometers is one of the capnography devices market trends that is strengthening the industry growth.
Capnography Device Market Report Key Highlights
Capnography device is medical equipment that enables for the monitoring of CO2 levels in patients' breathing gases. Equipment for capnography is frequently utilized to keep anaesthetized patients under observation. It has been an essential tool in medical centers when patients undergo sedation-needed operations like surgery. Capnography monitoring offers healthcare professionals the chance to provide care earlier and swiftly decide how to respond, minimizing risk and saving time, money, and lives. Capnography monitoring also provides an early warning of respiratory impairment. In addition to that, the use of a capnography device can help to detect potentially dangerous respiratory events such as hypoventilation.
Global Capnography Devices Market Dynamics
Capnography Devices Market Report Coverage
|Market||Capnography Devices Market|
|Capnography Devices Market Size 2021||USD 513 Million|
|Capnography Devices Market Forecast 2030||USD 1,134 Million|
|Capnography Devices Market CAGR During 2022 - 2030||9.3%|
|Capnography Devices Market Analysis Period||2018 - 2030|
|Capnography Devices Market Base Year||2021|
|Capnography Devices Market Forecast Data||2022 - 2030|
|Segments Covered||By Component, By Technology, By Product, By Application, By End-Use, And By Geography
|Capnography Devices Market Regional Scope||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa|
|Key Companies Profiled||Becton, Dickinson and Company, Diamedica (UK) Limited, Edan Instruments, Inc, General Electric, Dragerwerk AG & CO. KGaA, Masimo Corporation, Medtronic Plc., Nihon Kohden, Phillips Healthcare, and Smiths Medical.|
||Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis|
Growing demand for capnometers, an increase in the number of surgeries, particularly less invasive ones, and an ageing population are some of the main factors propelling the capnography devices market. Another thing driving the industry need is the increasing use of capnometers during laparoscopic surgery. For instance, capnometers can be used to modify ventilation since they act as a non-invasive PaCO2 sensor during CO2 insufflations. To find unintentional intravascular CO2 insufflations, it is examined. Additionally, it aids in the early diagnosis of CO2 insufflation problems such bleeding and pneumothorax. As a result, the demand for capnography monitors is expected to soar quickly throughout the projection period of 2022 to 2030.
Rising strict and ambiguous regulatory process for capnography devices is restricting the market growth. In addition, the shortage of medical professionals and high cost of these devices are also limiting the capnography equipment market. Furthermore, increased availability of clinical evidence and recent technological advancements in the industry are the two major reasons that are expected to generate numerous growth opportunities for the market in the coming years. Finally, the capnography monitoring equipment gained significant traction on account of the COVID-19 pandemic to monitor continuous rate of oxygen, CO2, and other vital stats.
Capnography Devices Market Segmentation
The worldwide capnography devices market is split based on component, technology, product, application, end-use, and geography.
Capnography Devices Market By Component
According to our capnography devices industry analysis, others sub-segment accumulated a significant share of the market in 2021. Anesthetic breathing circuits, cannulas, cuvettes, luer connections, sample lines, sensors, and airway adapters are covered under the other components. Among them, sampling lines are a critical component because they affect the quality of waveforms and the accuracy of end-tidal CO2. OEM modules, on the other hand, are one of the fastest-growing sub-segments because they are primarily useful in non-invasive patient monitoring.
Capnography Devices Market By Technology
Based on technology, the sidestream sub-segment dominated the market in 2021, accounting for more than half of the overall market share, and is expected to continue to do so in the future years. Capnography market size is being driven by the widespread use of this technique during anesthetic monitoring. Sidestream analyzers are also available in a number of setups, designed to monitor single gas CO2 capnography or to enable advanced anesthetic agent analysis and ventilation management. The mainstream technology accounted for a significant share during the projected years due to the utilization of miniaturized components and microprocessor technology to enable waveform capnography and multigas monitoring for emergency and long-term ventilation management.
Capnography Devices Market By Product
Based on product segment analysis, the hand-held sub-segment accumulated a sizable market share between 2022 and 2030. The accompanying benefits of hand-held capnography equipment are acknowledged for the increased demand in this segment. Hand-held device expansion is being fueled by advantages such as portability, decreased cost, greater durability, and the facilitation of required oxygen saturation levels in operating procedures. Furthermore, multi-parameter devices are expected to increase rapidly in the next years owing to their increasing applications in OTs and ICUs.
Capnography Devices Market By Application
In 2021, emergency medicine held a substantial capnography equipment market share. It is primarily utilised in the prehospital setting to confirm successful endotracheal intubation, but it could also be a useful sign of effective continued cardiopulmonary resuscitation (CPR). Capnography gives information about tissue perfusion and may assist in guiding fluid resuscitation in patients who have haemorrhaged. Capnography and capnographic procedures are therefore recommended by a number of national organisations, including the American Heart Association for validating endotracheal tube placement. As a result, the demand for emergency medicine in capnography devices is expected to grow in the coming future.
Capnography Devices Market By End-Use
Hospitals accounted for a sizable portion of the capnography devices market in 2021 and are anticipated to continue to do so in the coming years. The segment revenue is being driven globally by improved hospital healthcare infrastructure, an increase in the number of multispecialty hospitals, and an increase in the number of procedures for respiratory illnesses. Furthermore, benefits like as non-invasiveness and dependability in measuring ventilation will drive up demand for capnography equipment in hospitals.
Capnography Devices Market Regional Outlook
The Middle East & Africa (MEA)
Approximately 14.8 Million Adults in US Are Diagnosed With COPD, Says US Department of Health and Human Services
According to our regional analysis, North America region occupied the maximum market share in 2021 and is likely to do so in the coming years from 2022 to 2030. The high growth in the region is credited to the increased incidence of respiratory diseases, improved healthcare infrastructure, high presence of capnography devices players, and increased awareness regarding these devices among healthcare providers. On the other hand, the Asia-Pacific region is anticipated to garner fastest growth rate (CAGR) during the forecast timeframe from 2022 to 2030. This is credited to the rising population with respiratory medical conditions, rising investments in the healthcare sector, and continuous improvements in the healthcare infrastructure are some of the leading factors that are supporting the Asia-Pacific capnography devices market.
Capnography Devices Market Players
Some of the top capnography devices companies offered in the professional report include Becton, Dickinson and Company, Diamedica (UK) Limited, Edan Instruments, Inc, General Electric, Dragerwerk AG & CO. KGaA, Masimo Corporation, Medtronic Plc., Nihon Kohden, Phillips Healthcare, and Smiths Medical.
The market size of capnography devices market in 2021 was accounted to be USD 1,134 Million.
The projected CAGR of capnography devices market during the analysis period of 2022 to 2030 is 9.3%.
The prominent players of the global capnography devices market are Becton, Dickinson and Company, Diamedica (UK) Limited, Edan Instruments, Inc, General Electric, Dragerwerk AG & CO. KGaA, Masimo Corporation, Medtronic Plc., Nihon Kohden, Phillips Healthcare, and Smiths Medical.
North America held the dominating capnography devices during the analysis period of 2022 to 2030.
Asia-Pacific region exhibited fastest growing CAGR for capnography devices during the analysis period of 2022 to 2030.
Growing number of respiratory disorders, increasing development of portable capnography devices, and surging demand for capnometers over oximetry drives the growth of global capnography devices market.
Based on technology, sidestream segment is expected to hold the maximum share capnography devices market.