This report aims to provide detailed insights into the global capnography equipment market. It provides valuable information on the type, procedure, application, and region in the market. Furthermore, the information for these segments, by region, is also presented in this report. Leading players in the market are profiled to study their product offerings and understand the strategies undertaken by them to be competitive in this market.
Revenue Growth Analysis:
[122 Pages Report] The global capnography equipment market is projected to reach USD 366.5 million by 2023 from USD 286.9 million in 2017, at a CAGR of 4.3%.
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Key Factors Driving Market Growth:
Factors such as the development of portable/point-of-care capnography devices, clinical benefits of capnography equipment over pulse oximetry, increasing number of surgeries, and the evolving guidelines related to the clinical use of capnography are expected to drive the demand for capnography equipment during the study period.
Capnography Accessories to form the largest product segment during the forecast period
Based on product, the Capnography Equipment Market is categorized into two major segments, namely, capnometers and accessories. The accessories segment is expected to account for a larger market share in 2018. The increasing adoption of capnography equipment during surgical procedures and post-operative monitoring, recommendations by various associations worldwide for the use of capnography equipment during patient monitoring for anesthesia to enhance patient safety, and the growing number of complex and critical surgical procedures worldwide are the major factors driving the growth of the capnography accessories market.
Mainstream capnography segment is estimated to register the highest growth rate in the Capnography Equipment Market, by technology
The Capnography Equipment Industry, by technology, is segmented into mainstream and sidestream capnography. The mainstream capnography segment is expected to register a higher growth rate during the forecast period owing to factors such as the advantages of mainstream capnography (such as higher accuracy as compared to sidestream capnography), increasing number of surgical procedures, and the increasing adoption of capnography equipment among healthcare professionals.
Trauma and emergency care segment is estimated to register the highest growth rate in the Capnography Equipment Market, by application
The Capnography Equipment Industry, by application, is segmented into cardiac care, trauma and emergency care, respiratory disease monitoring, and other applications. The trauma and emergency care segment is expected to register the highest growth rate during the forecast period due to factors such as the rising awareness of the clinical benefits offered by capnography equipment for trauma cases, coupled with the increasing number of road accidents across the globe.
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Regional Growth Analysis:
The Capnography Equipment Market is segmented into four major regions, namely, North America, Europe, the Asia Pacific, and the Rest of the World. In 2018, North America is estimated to be the largest regional market for capnography equipment. The large target patient population and the strong presence of device manufacturers in the region are the major factors that have resulted in the significant adoption of capnography equipment in the North American market.
Key Players:
As of 2017, the various product segments considered in the Capnography Equipment Market are dominated by NIHON KOHDEN (Japan), Medtronic (Ireland), Smiths Group (UK), and Masimo Corporation (US). These companies accounted for a major share of the global Capnography Equipment Industry in 2017.
Medtronic (Ireland) is the key player in the global capnography equipment market. The company offers portable and handheld capnography equipment (which can be used in any clinical setting) for intubated or non-intubated patients. The strength of the company lies in its geographic presence and brand image. Currently, the company has a strong presence in mature markets and is further expanding its footprints in emerging markets.
