Overview
Capnography Market is projected to reach revenue of $1.04 billion by 2024, and is estimated to grow at a CAGR of 17% during the forecast period 2019-2024. Previously, pulse oximetry was used for the monitoring of oxygen saturation in arterial blood. However, capnography devices could monitor the respiratory gases, pulmonary partial pressures, cardiovascular function and other similar functions. Growing use of capnography devices in patient monitoring and the rise in patient safety regulations are said to drive the market for capnography devices.
Key Takeaways
- Capnography Market is estimated to grow at a CAGR of 17% owing to the growing prevalence of respiratory diseases and the extensive use of capnography devices in sedation and emergency care. Capnography market size in 2018 was $415.5 million.
- North America held the largest market share in terms of revenue, owing improved patient safety regulations as well as increased prevalence of respiratory diseases. Capnography market share for North America is 39% during 2018.
Technology - Segment Analysis
Micro stream capnography
devices overcome the complications in conventional devices. Conventional
devices are bulky and heavier and are known to cause facial burns. Newer
generation capnography devices such as, micro stream device are safer, lighter
and more durable. Thus they are having higher value compared to main stream or
side stream capnography devices.
Product - Segment Analysis
Hand held Capnography devices
have the highest revenue due to the comfort and ease of use offered by such devices. They are also light weight and portable
making them preferable over stand-alone devices. They can also be used at the point-of-care
due to their portability.
End-Use - Segment Analysis
Hospital segment will have a
larger market share in 2018. They are used to monitor the patients in critical
care. Anesthesia procedures require continual observation of patient
respiration, which also contributes to an increased use of capnography devices
in hospitals.
Application – Segment Analysis
According to application, capnography
devices have a higher share in procedural sedation which is forecast to grow
with a CAGR of 13.2%. Sedated patients may have risk oxygen deficiency and
other perioperative complications. The use of these devices will ensure safety
for such sedated patients especially in the emergency department. They are also
used in during oral surgery sedation procedures. Capnography can be used to
assess the patient when weaning a patient from mechanical to alveolar ventilation.
Geography - Segment Analysis
North America is estimated
to hold largest share in Capnography market in 2018 and is projected to
maintain its dominance during the forecast period. There is an increase in the prevalence
of respiratory diseases in North America due to the unhealthy lifestyles and
high stress levels. Furthermore, improved regulations focused on patient safety
and clinical regulations have increased the requirement for continual
monitoring of patients.
Drivers – Capnography Market
- Growing prevalence of respiratory diseases
The global rise in urbanization will contribute to a large
number of respiratory diseases. The rising prevalence of chronic respiratory
diseases is linked to urbanization as per a study published in the WHO
bulletin. Increased pollution and reducing air quality have resulted in various
types of respiratory diseases. Thus as number of resultant medical cases
increases, the requirement for capnography devices for their respiratory monitoring
will also increase.
- Rising applications in patient care and regulations for patient safety
The use of capnography instruments is rising in surgical
procedures as they are used to monitor the sedated patient. Newer types of
capnography devices are portable and can be conveniently used at the point-of-care.
It has been reported that adoption of capnography devices have increased during
various complex and critical medical procedures. These factors are considered
to drive the demand for capnography equipment.
Challenges – Capnography Market
- Stringent regulatory policies
Stringent regulations from government
regarding the patient safety & efficiency of capnography is said to
restrict the market. Moreover, FDA regulations for the product approvals are
also restricting entry of new companies.
Capnography Industry Outlook
Research & development
and strategic alliances are some of the key strategies adopted by players in
the Capnography market. Capnography top 10 companies are Carefusion Corporation,
Diamedica, Inc., Dragerwerk Ag Co Kgaa, Masimo Corporation, Medtronic, Inc., Nihon
Kohden Corporation, Nonin Medical, Inc., Philip Healthcare, Smith Medical, Welch
Allyn, Inc., and others.
Capnography Market Research Scope:
The base year of the study
is 2018, with forecast done up to 2024. The study presents a thorough analysis
of the competitive landscape, taking into account the market shares of the
leading companies. These provide the key market participants with the necessary
business intelligence and help them understand the future of the Capnography
market. The assessment includes the forecast, an overview of the competitive
structure, the market shares of the competitors, as well as the market trends,
market demands, market drivers, market challenges, and product analysis. The
market drivers and restraints have been assessed to fathom their impact over
the forecast period. This report further identifies the key opportunities for
growth while also detailing the key challenges and possible threats.
LIST OF TABLES
1.Global Capnography Market, By Product Market 2023-2030 ($M)1.1 Capnographs Market 2023-2030 ($M) - Global Industry Research
1.1.1 Main-Stream Capnographs Market 2023-2030 ($M)
1.1.2 Side-Stream Capnographs Market 2023-2030 ($M)
1.1.3 Micro-Stream Capnographs Market 2023-2030 ($M)
1.2 Capnography Disposable Market 2023-2030 ($M) - Global Industry Research
2.Global Capnography Market, By End-User Market 2023-2030 ($M)
2.1 Hospital Market 2023-2030 ($M) - Global Industry Research
2.2 Ambulatory Market 2023-2030 ($M) - Global Industry Research
3.Global Capnography Market, By Product Market 2023-2030 (Volume/Units)
3.1 Capnographs Market 2023-2030 (Volume/Units) - Global Industry Research
3.1.1 Main-Stream Capnographs Market 2023-2030 (Volume/Units)
3.1.2 Side-Stream Capnographs Market 2023-2030 (Volume/Units)
3.1.3 Micro-Stream Capnographs Market 2023-2030 (Volume/Units)
3.2 Capnography Disposable Market 2023-2030 (Volume/Units) - Global Industry Research
4.Global Capnography Market, By End-User Market 2023-2030 (Volume/Units)
4.1 Hospital Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Ambulatory Market 2023-2030 (Volume/Units) - Global Industry Research
5.North America Capnography Market, By Product Market 2023-2030 ($M)
5.1 Capnographs Market 2023-2030 ($M) - Regional Industry Research
5.1.1 Main-Stream Capnographs Market 2023-2030 ($M)
5.1.2 Side-Stream Capnographs Market 2023-2030 ($M)
5.1.3 Micro-Stream Capnographs Market 2023-2030 ($M)
5.2 Capnography Disposable Market 2023-2030 ($M) - Regional Industry Research
6.North America Capnography Market, By End-User Market 2023-2030 ($M)
6.1 Hospital Market 2023-2030 ($M) - Regional Industry Research
6.2 Ambulatory Market 2023-2030 ($M) - Regional Industry Research
7.South America Capnography Market, By Product Market 2023-2030 ($M)
7.1 Capnographs Market 2023-2030 ($M) - Regional Industry Research
7.1.1 Main-Stream Capnographs Market 2023-2030 ($M)
7.1.2 Side-Stream Capnographs Market 2023-2030 ($M)
7.1.3 Micro-Stream Capnographs Market 2023-2030 ($M)
7.2 Capnography Disposable Market 2023-2030 ($M) - Regional Industry Research
8.South America Capnography Market, By End-User Market 2023-2030 ($M)
8.1 Hospital Market 2023-2030 ($M) - Regional Industry Research
8.2 Ambulatory Market 2023-2030 ($M) - Regional Industry Research
9.Europe Capnography Market, By Product Market 2023-2030 ($M)
9.1 Capnographs Market 2023-2030 ($M) - Regional Industry Research
9.1.1 Main-Stream Capnographs Market 2023-2030 ($M)
9.1.2 Side-Stream Capnographs Market 2023-2030 ($M)
9.1.3 Micro-Stream Capnographs Market 2023-2030 ($M)
9.2 Capnography Disposable Market 2023-2030 ($M) - Regional Industry Research
10.Europe Capnography Market, By End-User Market 2023-2030 ($M)
10.1 Hospital Market 2023-2030 ($M) - Regional Industry Research
10.2 Ambulatory Market 2023-2030 ($M) - Regional Industry Research
11.APAC Capnography Market, By Product Market 2023-2030 ($M)
11.1 Capnographs Market 2023-2030 ($M) - Regional Industry Research
11.1.1 Main-Stream Capnographs Market 2023-2030 ($M)
11.1.2 Side-Stream Capnographs Market 2023-2030 ($M)
11.1.3 Micro-Stream Capnographs Market 2023-2030 ($M)
11.2 Capnography Disposable Market 2023-2030 ($M) - Regional Industry Research
12.APAC Capnography Market, By End-User Market 2023-2030 ($M)
12.1 Hospital Market 2023-2030 ($M) - Regional Industry Research
12.2 Ambulatory Market 2023-2030 ($M) - Regional Industry Research
13.MENA Capnography Market, By Product Market 2023-2030 ($M)
13.1 Capnographs Market 2023-2030 ($M) - Regional Industry Research
13.1.1 Main-Stream Capnographs Market 2023-2030 ($M)
13.1.2 Side-Stream Capnographs Market 2023-2030 ($M)
13.1.3 Micro-Stream Capnographs Market 2023-2030 ($M)
13.2 Capnography Disposable Market 2023-2030 ($M) - Regional Industry Research
14.MENA Capnography Market, By End-User Market 2023-2030 ($M)
14.1 Hospital Market 2023-2030 ($M) - Regional Industry Research
14.2 Ambulatory Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Capnography Market Revenue, 2023-2030 ($M)2.Canada Capnography Market Revenue, 2023-2030 ($M)
3.Mexico Capnography Market Revenue, 2023-2030 ($M)
4.Brazil Capnography Market Revenue, 2023-2030 ($M)
5.Argentina Capnography Market Revenue, 2023-2030 ($M)
6.Peru Capnography Market Revenue, 2023-2030 ($M)
7.Colombia Capnography Market Revenue, 2023-2030 ($M)
8.Chile Capnography Market Revenue, 2023-2030 ($M)
9.Rest of South America Capnography Market Revenue, 2023-2030 ($M)
10.UK Capnography Market Revenue, 2023-2030 ($M)
11.Germany Capnography Market Revenue, 2023-2030 ($M)
12.France Capnography Market Revenue, 2023-2030 ($M)
13.Italy Capnography Market Revenue, 2023-2030 ($M)
14.Spain Capnography Market Revenue, 2023-2030 ($M)
15.Rest of Europe Capnography Market Revenue, 2023-2030 ($M)
16.China Capnography Market Revenue, 2023-2030 ($M)
17.India Capnography Market Revenue, 2023-2030 ($M)
18.Japan Capnography Market Revenue, 2023-2030 ($M)
19.South Korea Capnography Market Revenue, 2023-2030 ($M)
20.South Africa Capnography Market Revenue, 2023-2030 ($M)
21.North America Capnography By Application
22.South America Capnography By Application
23.Europe Capnography By Application
24.APAC Capnography By Application
25.MENA Capnography By Application
26.Medtronic Plc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Becton, Dickinson And Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Getinge Ab, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Beijing Aeonmed Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Drgerwerk Ag, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.General Electric Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Hamilton Medical Ag, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Maxtec, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Sle Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Koninklijke Philip N V, Sales /Revenue, 2015-2018 ($Mn/$Bn)