The global capnography devices market size is expected to reach USD 1.06 billion by 2028 according to a new study by Polaris Market Research. The report “Capnography Devices Market Share, Size, Trends, Industry Analysis Report, By Technology (Sidestream, Mainstream, Microstream); By Application (Emergency Medicine, Pain Management, Procedural Sedation, Critical Care, Others); By Product; By End-Use; By Region; Segment Forecast, 2021 - 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Capnography is a medical monitoring device that can non-invasively measure partial CO2 by plotting a capnograph in the x and y-axis. These devices are classified as mainstream, microstream, and sidestream. It is possible to monitor both intubated and non-intubated patients with sidestream devices but the main limitation with mainstream devices is that they can only be used to monitor only intubated patients.
The person without any respiratory complication will have a capnography reading between 30 and 40. This device can help in evaluating whether a patient is receiving enough oxygen, and this will help clinicians to properly treat the patient. The reading of the capnograph below 30 indicates respiratory complications.
Recent developments in capnography include the installation of photodetectors and molecular correlation spectroscopy in mainstream capnography that can provide high accuracy and durability maintaining standard oxygen levels.
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The prominent factors driving the market growth include increasing adoption, technological advancements, and the increasing launch of new products in the market. Capnography devices are increasingly preferred over oximetry because of certain advantages such as real-time measurement of EtCo2 and also these devices are becoming more portable and automatic with the recent technological advancements.
Numerous devices have been recently introduced into the market. For instance, Capsule Technologies received FDA clearance in September 2020 for its new connected capnography-monitoring technology called Vitals Plus monitoring solution.
The emergence of coronavirus also increased the hospitalization of patients, since upon contracting the virus, the condition of patients having respiratory diseases will further worsen which requires hospitalization where capnography is used widely to monitor the patients. With the emergence of new technologies, the launch of more advanced products in the market is expected in the coming years which is expected to drive the global market.
Smiths Medical, Inc., Welch Allyn, Masimo, Dragerwerk AG & Co. KGaA, Diamedica (UK) Limited, Koninklijke Philips N.V., Stryker Corporation, Nonin Medical, Opto circuits India, Medtronic, Edan Instruments, Inc., BD, and Kohden Corporation are some of the key players operating in the global market for capnography devices. Players in the market are focusing on developing new devices such as microstream capnography that can be used in intubated as well as non-intubated patients and patients of all age groups.
Polaris Market Research has segmented the capnography devices market report on the basis of product, technology, applications, end-use, and region:
Capnography Devices Product (Revenue - USD Million, 2016 – 2028)
Capnography Devices Technology Outlook (Revenue - USD Million, 2016 – 2028)
Capnography Devices Application Outlook (Revenue - USD Million, 2016 – 2028)
Capnography Devices End users (Revenue - USD Million, 2016 – 2028)
Capnography Devices Regional Outlook (Revenue - USD Million, 2016 – 2028)