From 2021 to 2028, the global capnography equipments market is predicted to increase at a CAGR of 9.7%

 


Overview:

From 2021 to 2028, the global capnography devices market is predicted to increase at a CAGR of 9.7%, from USD 510.7 million in 2020 to USD 510.7 million in 2028. The market is expected to develop because to technical advancements, the incidence of respiratory disorders, and supportive government efforts. The medical efficiency of these devices inpatient monitoring is predicted to improve as capnography becomes more widely used in patient monitoring because of its increased reliability and efficiency in the treatment of respiratory disorders. Asthma affects more than 25 million individuals in the United States, according to the Office of Disease Prevention and Health Promotion.

Market players like Medtronic saw a spike in demand for capnography devices and other respiratory system-related items during the COVID-19 pandemic. This was mostly due to the fact that capnography devices fall within the category of non-invasive remote monitoring devices and, according to FDA guidelines, can be used to support patient monitoring during the treatment of COVID-19.

Strategic initiatives by the key players have also fueled the growth of the market for capnography devices during the forecast period. Capsule Technologies, for example, got FDA approval for their innovative connected capnography-monitoring system in September 2020. The company's product portfolio was expanded as a result of this. Similarly, Smiths Medical partnered with Medline Industries for the marketing of new goods in August 2019, increasing its market penetration.

MARKET SEGMENTATION

Capsule Technologies, for example, got FDA approval for their innovative connected capnography-monitoring system in September 2020. The company's product portfolio was expanded as a result of this. Similarly, Smiths Medical partnered with Medline Industries for the marketing of new goods in August 2019, increasing its market penetration. The global capnography equipment market is divided into four categories based on application: emergency and trauma care, respiratory monitoring, cardiac care, and others. The capnography equipment market is divided into two categories based on technology: mainstream capnographs and sidestream capnographs.The global capnography equipment market is segmented into three types of end users: hospitals, ambulatory surgery centres (ASC), and specialty clinics and homes.

REGIONAL FRAMEWORK

The paper gives a comprehensive overview of the industry, using both qualitative and quantitative data. It gives a broad overview of the global capnography equipment market and forecasts for major segments. It also includes market size and projection estimates for five key regions, including North America, Europe, Asia-Pacific (APAC), the Middle East, and Africa, from 2020 to 2028. The capnography equipment market is further split by nations and sectors within each region. The research examines and forecasts 18 countries around the world, as well as existing trends and prospects in the region.


The research examines demand and supply-side aspects driving the capnography equipment market, as well as key dynamics affecting the market throughout the projected period, such as drivers, constraints, opportunities, and future trends. After examining political, economic, social, and technological aspects affecting the capnography equipment market in various regions, the study presents a comprehensive PEST analysis for all five regions: North America, Europe, APAC, MEA, and South & Central America.

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