Capnography Equipment Market is estimated to reach a value of about US$ 536.35 Million by 2032 | FMI

Capnography Equipment Market is expected to expand at a CAGR of 4.4%, reaching a market value of US$ 536.35 million by 2032, up from US$ 334 million in 2021. The widespread incidence of respiratory ailments and diseases affecting respiratory systems in the human body need a constant supply of external breathing assistance accompanied by regular monitoring.

The key obstacles the capnography equipment market faces are:

• Logistical concerns.
• Treating patients with the disease.
• Prioritising patients with comorbidities and pre-existing disorders.
• Safeguarding the public and hospital frontline staff from COVID-19 infection.

Several hospitals have used various isolation methods to stop the illness from spreading.

Capnometers, patient monitors with capnography and another capnography device have seen a significant surge in demand.

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The need for portable/point-of-care equipment, portable capnography devices and portable capnography monitors is predicted to rise as the number of target patients for essential applications like trauma and emergencies grows.

In response to this shifting capnography equipment market trend, prominent capnography equipment market players are increasingly focused on producing portable/point-of-care or handheld capnography equipment that may be utilised for applications requiring convenient device mobility and patient access.

Stringent (particularly in the United States) and confusing regulatory standards impede the expansion of the capnography equipment market.

The FDA approves simple capnography equipment, but sophisticated devices that must meet several FDA regulations are a barrier to the widespread availability of capnography equipment. State legal requirements and manufacturing restrictions are additional impediments to the capnography equipment market.

Key Takeaways:

• India, Saudi Arabia, France, Turkey, and Italy are among the fastest-growing economies of capnography equipment as of 2021. These emerging economies are expected to account for one-third of the global healthcare expenditure by 2023.
• Capnometers form the single largest segment, but capnography accessories & disposables hold the larger share of the capnography device market, i.e. 52.5%.
• The mainstream capnography segment accounted for 67.4% of the capnography equipment market. The cardiac surgeries segment held 40.5% of the capnography equipment applications market.

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• Hospitals dominate the capnography equipment market, with a share of 82.3%. This segment is projected to reach USD 358.6 million by 2027 from USD 275.1 million in 2021, at a CAGR of 4.5% during the forecast period.
• North America accounted for the largest share of the capnography instrument at 50.6% of the capnography equipment market, followed by Europe at 25.5%.

Key Market Players:

• Koninklijke Philips N.V.,
• Drägerwerk AG & Co. KGAA.,
• Nihon Kohden Corporation,
• Zoll Medical (Asahi Kasei Corporation),
• Edan Instruments, Inc.,
• Hamilton Medical,
• Masimo Corporation,
• Monday DS USA, Inc.,
• Nonna Medical, Inc.,
• Schiller, Smiths Medical,
• Advantech,
• BPL Medical Technologies.

Key Segments

By Product Type:

• Multiparameter Capnometers
  • Handheld Capnometers
  • Conventional Capnometers
• Standalone Capnometers
• Handheld Capnometers
• Conventional Capnometers

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By Technology:

• Mainstream Capnometers
• Sidestream Capnometers
• Microstream Capnometers

By Application:

• Cardiac Care
• Trauma and Emergency Care
• Respiratory Monitoring
• Other Applications

By End User:

• Hospitals
• Ambulatory Surgery Centres
• Home Care
• Other End Users

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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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