Capnography Devices Market 2019 Global Trend, Segmentation and Opportunities Forecast To 2025
MarketStudyReport.com Adds New Capnography Devices Market 2019 – 2025 research report providing information and data By Product, By Technology, By Component, By Application, By End-use, Industry Analysis, Regional Outlook, Application Potential, Trends, Competitive Market Share & Forecast spreading across 350 Pages with table and figures in it.
Selbyville, Delaware – August 7, 2019 /MarketersMedia/ —
The U.S. capnography devices market will foresee momentous expansion at 9.6% owing to the high prevalence of respiratory disorders in the country. As per Healthy People 2020, the federal government’s prevention agenda for building a healthier nation, in 2014, nearly 142,000 individuals died due to COPD in the U.S. Additionally, governmental initiatives and well-established infrastructure will pose lucrative growth opportunities in the foreseeable future.
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Capnography Devices Market will exceed USD 700 million by 2025. Growing number of surgical procedures will stimulate global capnography devices business growth in the forthcoming years. Use of capnography devices in monitoring the effects of anesthesia during surgery will upsurge the demand of capnography devices. According to the Australian Institute of Health and Welfare, 2.7 million hospitalizations included surgical procedures during 2016-17. With the growing number of in-patient and out-patient surgeries, the demand for capnography devices will increase, thereby boosting the capnography devices business growth in the coming years.
Micro-stream capnography technology market was valued at around USD 36.1 million in the year 2018. The complications due to conventional capnography devices including facial burns are overcome by the use of micro-stream capnography devices. Additionally, it incorporates molecular correlation spectroscopy as a source of infrared radiation that offers several advantages over conventional source. Hence, technological advancements in micro-stream capnography technology market will positively impact the segmental growth in the near future.
The original equipment manufacturer is estimated to dominate the market and is estimated to grow at 9.9% over the forthcoming years. The adoption of original equipment manufacturer modules is increasing due to additional features provided by the manufacturers in the existing models. Original equipment manufacturer modules-based capnography devices can develop simple, accurate, small and portable CO2 monitoring devices. Hence, the aforementioned factors will lead to segmental growth.
Rising adoption of capnography devices over pulse oximetry will upsurge capnography devices market over the forecast timeframe. This increase in demand for capnography devices will be attributed to certain advantages of capnography such as real-time measurement of EtCO2, and immediate recognition of ventilation as compared to oximetry. Furthermore, technological advancements in capnography devices to make it portable and automatic will escalate the market growth in the forecast timeframe.
Multi-parameter segment is expected to grow at 10.6% over the forecast years. The growth will be attributed to advancements in the device that makes it portable and easy-to-use. Also, the device can monitor several patient parameters simultaneously that makes it more preferable over other capnometers. The above-mentioned factors will further escalate customer preference and adoption, thereby stimulating multi-parameter capnography devices segmental growth in the coming years.
Use of capnography in emergency medicine will hold maximum share and was valued at USD 115.7 million in the year 2018. The high growth is attributed to high demand for such devices in emergency department. Capnometry in the emergency department is used to monitor the ventilation parameters within a short duration of time. Additionally, capnography is employed in emergency department to ensure patient stability by measuring the oxygen levels. Hence, numerous applications of capnography in emergency medicine will increase its adoption rate in the future.
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Some of the major market players involved in the global capnography devices market are CareFusion, Masimo Corporation, Medtronic, Smiths Medical among others. The companies are implementing various business strategies such as product launch, collaborations, mergers, and acquisitions to expand their market share. For instance, in November 2016, Philips and Masimo signed a business partnership agreement to commercialize capnography devices in North America and few markets of Asia and Europe.
Table of Content:
Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Capnography Devices Industry Insights
Chapter 4. Capnography Devices Market, By Product
Chapter 5 Capnography Devices Market, By Technology
Chapter 6. Capnography Devices Market, By Component
Chapter 7. Capnography Devices Market, By Application
Chapter 8. Capnography Devices Market, By End-use
Chapter 9. Capnography Devices Market, By Region
Chapter 10. Company Profiles
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Related Report:
Global Capnography Market Insights, Forecast to 2025
Capnography is the monitoring of partial pressure or concentration of carbon dioxide (CO2) in respiratory gases and is an integral part of anesthesia and respiratory critical care. Capnography provides information about the CO2 production, alveolar ventilation, and elimination of CO2 from anesthesia circuits and also shows respiratory patterns on a monitor. This research report categorizes the global Capnography market by top players/brands, region, type and end user. This report also studies the global Capnography market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
https://www.marketstudyreport.com/reports/global-capnography-market-insights-forecast-to-2025
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