Capnography Devices Market Analysis, Top Companies, New Technology, Demand and Opportunity Analysis

In 2018, the global capnography devices market reached a value of $365.6 million and is expected to grow at a CAGR of 4.4% during the forecast period (2019–2025).
 
 
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Capnography Devices Market

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Medical

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Ramgarh - Jharkhand - India

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RAMGARH, India - Jan. 21, 2020 - PRLog -- Various factors responsible for the growth of the market are the increasing government initiatives, technological advancements in capnography devices, and the growing prevalence of respiratory diseases.

Capnography devices (https://www.psmarketresearch.com/market-analysis/capnography-devices-market) measure the concentration of carbon dioxide (CO2) in the exhaled air and display the concentration during a respiratory cycle. These devices are used as monitoring tools for the management of anesthesia and in intensive care.

On the basis of product, the capnography devices market is categorized into multi-parameter, hand-held, and stand-alone. Out of these, the hand-held dominated the market during the historical period (2014–2018), in terms of value. This was because these devices are easy to use and offer point-of-care feature for patient's comfort. Moreover, these devices can be used in several healthcare settings such as hospitals, operating rooms, and clinics. Due to these reasons, the category is further predicted to account for the major share of the market, holding over 60.0% share by 2025. Capnography devices measure the concentration of carbon dioxide (CO2) in the exhaled air and display the concentration during a respiratory cycle. These devices are used as monitoring tools for the management of anesthesia and in intensive care.

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The rising implementation of rules and regulations by the governments to mandate the use of capnography devices is also resulting in the growth of the capnography devices market. The American Society of Gastrointestinal Endoscopy has mandated the utilization of capnography devices for endoscopic retrograde cholangiopancreatography or endoscopic ultrasound procedures. Moreover, the Oregon Board of Dentistry updated Oregon State laws in 2014 in order to include the adoption of capnography-monitoring devices for patients under moderate and deep sedation and general anesthesia. These rules and regulations are leading to the rising adoption of these devices.

Hence, technological advancements, rising implementation of rules and regulation by governments, and increasing prevalence of respiratory diseases are driving the market.

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Tags:Capnography Devices Market
Industry:Medical
Location:Ramgarh - Jharkhand - India
Subject:Reports
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