The global capnography equipment market is set for steady growth, with projections indicating an increase from USD 334 million in 2021 to USD 536.35 million by 2032, reflecting a compound annual growth rate (CAGR) of 4.4%. This growth is driven by the rising global prevalence of respiratory disorders, the increasing need for continuous monitoring during medical procedures, and the growing focus on patient safety and comfort.
Capnography, the monitoring of carbon dioxide (CO2) levels in exhaled breath, is an essential diagnostic tool used in healthcare settings to assess respiratory function. As respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, and sleep apnea continue to rise globally, the demand for capnography equipment is expected to grow. These devices are critical for continuous monitoring during surgeries, intensive care, and emergency procedures, ensuring timely intervention and optimal patient care.
Furthermore, advancements in capnography technology, such as portable and non-invasive devices, are making these systems more accessible and versatile. The increasing adoption of capnography in various clinical settings, including hospitals, ambulatory surgical centers, and home healthcare, is expected to further drive market growth.
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Key Takeaways:
- The global capnography equipment market is projected to grow from USD 334 million in 2021 to USD 536.35 million by 2032, at a CAGR of 4.4%.
- The rising prevalence of respiratory disorders and diseases is driving demand for continuous monitoring and capnography solutions.
- Advancements in technology, including portable and non-invasive devices, are enhancing accessibility and adoption across clinical settings.
- The growing focus on patient safety and improved respiratory care is expected to further fuel market growth.
The market is supported by:
- The rise in respiratory diseases and ailments
- A growing number of healthcare facilities in emerging economies
- Supportive government initiatives across various countries
- Ongoing diversification in product portfolios
- An increasing number of cardiac and cardiopulmonary surgeries
- Outstanding customer and employee experience
- Revenue, profit growth, and business model innovation
Demand for capnography equipment is expected to positively drive the market over the forecast period owing to the focus on extensive Research and Development by manufacturers to support the healthcare sector with prominent offerings like technological advancements in the development of portable capnography monitors.
How can the Competitive Landscape Affect the Key Players of the Global Capnography Equipment Market?
Some of the key market players critical players in the capnography equipment market covered by the market analysis report are 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, and BPL Medical Technologies.
Besides manufacturing and selling portable capnography monitors, major players in the market focus on providing customer solutions for better management and patient safety.
Such expansion in services provided by capnography equipment manufacturers has emerged to be the primary strategy adopted to remain competitive in today’s world.
Research & development activities also carried out by the investment of such players are also driving the demand for their products.
Some of the Recent Developments in the Capnography Equipment Market
- ZOLL Medical Corporation, a subsidiary of Asahi Kasei Company, acquired a medical device manufacturer in Israel named Itamar Medical Ltd. (Itamar Medical) in December 2021.
- Masimo Corporation and Philips N.V. signed an agreement in May 2020 to integrate Masimo NomoLine Capnography and O3 Regional Oximetry in some selected Philips patient capnography monitors. Philips Corporation has also planned to integrate Masimo measurement technologies with IntelliVue MX-Series multi-parameter monitors that help assess patients’ cerebral oximetry and ventilation status.
- To include Masimo Brain monitoring and chronography technology in capnography monitoring devices, Masimo Corporation entered into a licensing agreement with Dräger AG & Co. In December 2019.
- A Microstream capnography, multi-center study to identify and record a total number of people at high risk of opioid-induced respiratory depression (OIRD) was carried out by Medtronic plc. It announced the preliminary results of this respiratory compromise assessment in February 2019.
Key Segments
By Product Type:
- Multiparameter Capnometers
- Handheld Capnometers
- Conventional Capnometers
- Standalone Capnometers
- Handheld Capnometers
- Conventional Capnometers
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
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa (MEA)
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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