Global Capnography Devices Market to Witness Significant Growth

According to the latest market research report published by VynZ Research, the global capnography devices market is expected to grow at a significant rate during the forecast period 2021-2027. The market is projected to reach a value of USD 1.2 billion by 2027, growing at a CAGR of 6.3% from 2021 to 2027.

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Capnography devices are used to measure the carbon dioxide levels in a patient's breath during anesthesia, sedation, or critical care. The increasing prevalence of respiratory diseases, such as chronic obstructive pulmonary disease (COPD) and asthma, is one of the key factors driving the growth of the market. Moreover, the rising demand for non-invasive diagnostic tools and the increasing adoption of capnography devices in emergency medical services (EMS) and home healthcare settings are also contributing to market growth.

The report provides a comprehensive analysis of the global capnography devices market based on product type, technology, application, end-user, and geography. Based on product type, the market is segmented into capnography monitors and disposables. The capnography monitors segment accounted for the largest market share in 2020, owing to the increasing adoption of these devices in hospitals and ambulatory surgery centers.

Based on technology, the market is segmented into sidestream, mainstream, and microstream capnography. The mainstream capnography segment is expected to witness significant growth during the forecast period, owing to its high accuracy and sensitivity in measuring CO2 levels.
Based on application, the market is segmented into cardiac care, respiratory monitoring, procedural sedation, critical care, and others. The respiratory monitoring segment is expected to hold the largest market share during the forecast period, owing to the rising prevalence of respiratory diseases.

Based on end-user, the market is segmented into hospitals, ambulatory surgery centers, home healthcare, and others. The hospitals segment accounted for the largest market share in 2020, owing to the high patient inflow and the increasing adoption of advanced diagnostic tools in hospitals.

Geographically, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America accounted for the largest market share in 2020, owing to the high prevalence of respiratory diseases and the increasing adoption of advanced diagnostic tools in the region.

Some of the key players operating in the market include Masimo Corporation, Medtronic, Smiths Medical, Nihon Kohden Corporation, Dragerwerk AG & Co. KGaA, Philips Healthcare, Welch Allyn, Inc., Nonin Medical, Inc., and Covidien plc.

In conclusion, the global capnography devices market is expected to witness significant growth during the forecast period, owing to the increasing prevalence of respiratory diseases, rising demand for non-invasive diagnostic tools, and the adoption of capnography devices in home healthcare settings. The report provides a comprehensive analysis of the market and is useful for industry stakeholders, investors, and new entrants in the market.

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