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).
By: P&S Intelligence
Capnography devices (https://www.psmarketresearch.com/
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)
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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-
Hence, technological advancements, rising implementation of rules and regulation by governments, and increasing prevalence of respiratory diseases are driving the market.