Global Capnography Devices Market Report 2021: Market is Expected to Reach $1.1 Billion – Medtronic Witnessed Increased Demand for EtCO2 Monitors During the Pandemic

Global Capnography Devices Market Report 2021: Market is Expected to Reach $1.1 Billion - Medtronic Witnessed Increased Demand for EtCO2 Monitors During the Pandemic
Global Capnography Devices

The “Global Capnography Devices Market Size, Share & Trends Analysis Report by Component, by Product, by Technology (Mainstream, Sidestream, Microstream), by Application, by End-use, by Region, and Segment Forecasts, 2021 – 2028” report has been added to ResearchAndMarkets.com’s offering.

The global capnography devices market size is expected to reach USD 1.1 billion by 2028, expanding at a CAGR of 9.7% from 2021 to 2028. Introduction of regulatory guidelines for procedural sedation and growing adoption of capnography in patient monitoring due to higher reliability and efficiency are anticipated to propel market growth over the forecast period. In addition, associated advantages such as ease of usage, minimally invasive nature, and medical efficiency with its usage are the key growth drivers for the market. Moreover, rising incidences of respiratory diseases that need continuous patient monitoring are expected to fuel the demand for EtCO2 monitors in coming years. The COVID-19 pandemic had a positive impact on the market as companies such as Medtronic witnessed increased demand for EtCO2 monitors during the pandemic. Some companies such as Capsule Technologies also received product approvals for their EtCO2 monitors during the pandemic, which further resulted in positive market growth. The market is highly competitive in nature and a limited number of players have a high level of dominance over the overall revenue share. The key market players account for a considerable share owing to their product offerings. Market leaders are involved in the establishment of extensive distribution systems as well as increasingly involving in mergers and acquisitions to capture a larger share of the market. For instance, in January 2021, Koninklijke Philips N.V. announced the acquisition of Capsule Technologies, Inc., hence enhancing its position in the patient care management solutions for hospitals. Capnography Devices Market Report Highlights
  • The handheld capnography segment dominated the market in 2020, owing to associated benefits such as portability, light-weighted, ease of use, and treatment efficiency.
  • The microstream segment is expected to witness the fastest CAGR of 10.4% over the forecast period. This growth can be attributed to the fact that this technology is more effective and easier to incorporate as compared to sidestream and mainstream technology.
  • The emergency medicine segment dominated the market in 2020 owing to its usage to optimize pre-hospital ventilation, correct pediatric emergencies, and as a prognostic indicator to maintain pulmonary blood flow.
  • In Asia Pacific, the market is anticipated to register rapid growth in coming years owing to the presence of high unmet needs coupled with increasing patient awareness levels and improving healthcare infrastructure.
  • The hospital segment dominated the market in 2020 owing to the shifting preference of hospitals from conventional patient monitoring devices to capnographs.
  • Moreover, stringent norms for product approval and post-approval performance monitoring which are regulated by authorities such as the U.S. FDA and American Academy of Implant may act as a threat for new participants.
Key Topics Covered: Chapter 1 Research Methodology Chapter 2 Executive Summary Chapter 3 Industry Outlook 3.1 Market Lineage Outlook 3.1.1 Parent Market Analysis 3.1.2 Ancillary Market Analysis 3.2 Penetration & Growth Prospect Mapping 3.3 Market Variable Analysis 3.3.1 Market driver analysis Increasing prevalence of respiratory diseases Technological advancements Supportive government initiatives 3.3.2 Market restraint analysis Wide-Scale Availability of Inexpensive Alternatives In Emerging Economies 3.4 Business Environment Analysis Tools 3.5 Market Entry Strategies Chapter 4 Covid-19 Impact Analysis 4.1 Current and Future Impact Analysis 4.1.1 Disease Prevalence Analysis 4.1.2 Temporary Trade Measures 4.2 Manufacturing Trend Analysis 4.2.1 Drivers Export Ban of Critical Care Equipment 4.2.2 Restraints Bottleneck In Production 4.3 Covid-19 Opportunity Analysis 4.3.1 Market Entry Strategies Chapter 5 Capnography Devices Market: Component Estimates and Forecasts to 2028 5.1 Market: Component Movement Analysis 5.2 Oem Modules 5.2.1 Market estimates and forecasts, 2016 – 2028 (USD Million) Infrared Sources Chapter 6 Capnography Devices Market: Product Estimates and Forecasts to 2028 6.1 Market: Product Movement Analysis 6.2 Handheld 6.3 Standalone 6.4 Multiparameter Chapter 7 Capnography Devices Market: Technology Estimates and Forecasts to 2028 7.1 Market: Technology Movement Analysis 7.2 Mainstream 7.3 Sidestream 7.4 Microstream Chapter 8 Capnography Devices Market: Application Estimates and Forecasts to 2028 8.1 Market: Application Movement Analysis 8.2 Emergency Medicine 8.3 Pain Management 8.4 Procedural Sedation 8.5 Critical Care Chapter 9 Capnography Devices Market: End-use Estimates and Forecasts to 2028 9.1 Market: End-use movement analysis 9.2 Hospitals 9.3 Ambulatory care centers Chapter 10 Capnography Devices Market: Regional Market Analysis, By Component, Product, Technology, Application, End-use 2016 – 2028 (USD Million) 10.1 Regional Market Snapshot 10.2 Regional Market Share Analysis, 2020 & 2028 Chapter 11 Capnography Devices Market: Competitive Analysis
  • Smiths Group plc
  • Dragerwerk AG & Co. Kgaa
  • Welch Allyn (Subsidary of Hillrom)
  • Masimo
  • Koninklijke Philips N.V.
  • Medtronic
  • Nonin Medical, Inc.
  • Nihon Kohden Corporation
  • Becton, Dickinson, and Company (Bd)
  • Diamedica (Uk) Limited
  • Shenzhen Comen Medical Instruments Co. Ltd.
  • Edan Instruments, Inc
This article is shared with Prittle Prattle News in the form of a Press Release. By Reporter

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