The global capnography equipment market is poised for steady growth, with its valuation expected to increase from USD334 million in 2021 to USD536.35 million by 2032. This reflects a compound annual growth rate (CAGR) of 4.4% over the forecast period. The growing prevalence of respiratory disorders, coupled with the rising need for continuous respiratory monitoring, is driving the demand for capnography equipment in healthcare settings worldwide.
Capnography, a non-invasive method for measuring the concentration of carbon dioxide (CO2) in exhaled breath, has become a critical tool for monitoring respiratory function. As respiratory diseases like chronic obstructive pulmonary disease (COPD), asthma, and sleep apnea become more prevalent, healthcare providers are increasingly adopting capnography devices in emergency care, intensive care units (ICUs), and surgical procedures. This shift is aimed at improving patient outcomes through real-time respiratory monitoring and early detection of respiratory distress.
The COVID-19 pandemic further underscored the importance of respiratory health and the need for reliable breathing aids and monitoring equipment. Capnography devices have become essential in the management of COVID-19 patients, especially those requiring ventilatory support. This heightened focus on respiratory health is expected to sustain demand for capnography devices in the years to come.
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Key Takeaways
- The global capnography equipment market is projected to grow from USD334 million in 2021 to USD536.35 million by 2032, with a CAGR of 4.4%.
- Increasing prevalence of respiratory disorders like COPD, asthma, and sleep apnea is driving demand for capnography devices in hospitals and emergency care units.
- Capnography’s real-time, non-invasive monitoring capabilities are improving patient outcomes in ICUs, surgical procedures, and emergency care.
- The COVID-19 pandemic highlighted the need for enhanced respiratory monitoring, accelerating the adoption of capnography equipment globally.
As respiratory health continues to be a top priority for healthcare providers, capnography equipment is expected to play a vital role in patient care and respiratory management. Ongoing innovations in capnography technology are further enhancing its applications in emergency, critical, and long-term care environments.
Market Drivers
- Increasing Prevalence of Respiratory Disorders: The rising incidence of respiratory diseases such as chronic obstructive pulmonary disease (COPD), asthma, and sleep apnea is driving demand for capnography equipment, which is essential for monitoring respiratory function.
- Technological Advancements: Innovations in capnography technology, including portable and wireless devices, enhance the accuracy and convenience of monitoring, making them more appealing to healthcare providers.
- Growing Awareness of Patient Monitoring: There is an increasing emphasis on patient safety and monitoring in clinical settings, leading to a greater adoption of capnography equipment for anesthesia and sedation management.
- Supportive Government Initiatives: Government funding and initiatives aimed at improving healthcare infrastructure are facilitating the growth of the capnography market.
- Rising Surgical Procedures: The growing number of surgical procedures requiring anesthesia monitoring is further boosting the demand for capnography devices.
Regional Insights
- North America: Expected to hold the largest market share due to high healthcare spending, advanced medical infrastructure, and a significant prevalence of respiratory diseases.
- Asia-Pacific: Anticipated to exhibit substantial growth driven by increasing healthcare investments and a rising population with chronic health conditions.
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)
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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.
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