Capnography Market Trends 2023 Forecast And Growth by 2030
The global capnography market insights and analysis by type, device, application, end user and region —forecast till 2030. Market is expected to exhibit a robust 11.30% CAGR over the forecast period from 2023 to 2030, according to the latest research report from Market Research Future (MRFR). The report presents a detailed analysis of the global capnography market by providing readers with a comprehensive overview of the market’s historical trajectory. The leading drivers and restraints affecting the global capnography market are assessed in detail in the report.
The historical impact of these drivers and restraints is examined in the context of their current impact, and projections for the likely impact of these drivers and restraints over the forecast period are made. The report also examines various components of the global capnography market and makes projections for the growth trajectory of each distinct component. The report examines the various segments and sub-segments of the global capnography market in depth. The study also provides a detailed analysis of the major players operating in the global capnography market, as well as a detailed look at the various competitive strategies employed by market participants. Future market conditions with regard to the competitive landscape
Capnography is used to monitor the volume of carbon dioxide in respiratory gases. Capnography was primarily developed for monitoring in anesthesia and intensive care situations. As such, the growing number of surgical procedures is likely to be a key driver for the capnography market over the forecast period. The increasing development of the intensive care sector in the healthcare sector is likely to result in an increased demand for capnography instruments and disposables over the coming years. The rising geriatric population is likely to be a major driver for the global capnography market, as geriatric individuals are more likely to undergo surgical procedures for various purposes.
The growing prevalence of cardiovascular diseases is also likely to be a major driver for the global capnography market over the forecast period. Cardiovascular diseases are diseases related to the respiratory system, leading to the usage of capnography systems in the diagnosis and management of cardiovascular diseases. The rising prevalence of asthma in pediatric patients is likely to be a major driver for the global capnography market. Pediatric care has been the subject of much attention and, subsequently, funding in the last few years, with many hospitals focusing on pediatrics as a major money-making part of the healthcare sector. The rising prevalence of asthma among newborns and infants is likely to drive the demand for capnography instruments in the coming years.
Competitive Analysis:
The global capnography market players include BD, Koninklijke Philips NV, Hill Rom Holding Inc., Edan Instruments Inc., Diamedica Limited, Covidien Ltd., Care Fusion Corporation, Nihon Kohden Corporation, Masimo, Medtronic, Welch Allyn, Drägerwerk AG, Nonin Medical Inc., and Smiths Medical Inc.
Segmentation:
The global capnography market trends is segmented on the basis of type, device, application, end use, and region.
By type, the global capnography market is segmented into capnographs and disposables. The capnograph segment is further subsegmented into mainstream capnography, sidestream capnography, and micro stream capnography. Mainstream capnography is further subdivided into standalone monitors, handheld monitors, and multi-parameter monitors.
Based on device, the global capnography market is segmented into handheld monitors, standalone monitors, and others.
By application, the global capnography market is segmented into procedural sedation, critical care, emergency medicine, pain management, and general floor.
By end use, the global capnography market is segmented into hospitals, clinics, and ambulatory surgical centers.
Regional Analysis:
The Americas region is likely to dominate the global capnography market over the forecast period due to the growing prevalence of cardiovascular diseases among the geriatric population and the growing prevalence of asthma among pediatric patients.
Europe is also likely to remain a major regional segment of the global capnography market over the forecast period due to the high government funding for the healthcare sector and the rising prevalence of lifestyle-associated diseases and CVDs.
The increasing geriatric population in Asia Pacific is likely to elevate Asia Pacific’s standing in the global capnography market over the forecast period.
About Market Research Future:
Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis with regard to diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.
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