Capnography Devices Market Size Worth $1.31 Billion By 2030

Capnography Devices Industry Overview

The global capnography devices market size is expected to reach USD 1.31 billion by 2030, registering a CAGR of 9.9% over the forecast period, according to a new report by Grand View Research, Inc. The introduction of regulatory guidelines for procedural sedation and the growing adoption of capnography inpatient monitoring due to higher reliability & efficiency are anticipated to propel the market growth over the forecast period.

Capnography Devices Market Segmentation

Grand View Research has segmented the global capnography devices market on the basis of component, application, product, technology, end use, and region:

Based on the Component Insights, the market is segmented into OEM Modules, Others.

  • OEM modules are mainly helpful in noninvasive patient monitoring, which drives their adoption. In addition, OEM modules are directly sold to end users-who seek replacement of certain components in a capnography device-through distributors, which accounts for its sizeable share.
  • Other components of capnography devices include sampling lines, sensors & airway adapters, anesthetic breathing circuits, cuvettes, cannula, luer connectors, etc.

Based on the Product Insights, the market is segmented into Handheld, Standalone, Multiparameter.

  • The handheld product segment accounted for the largest revenue share of over 60% in 2021 as a result of increasing adoption due to the associated benefits of handheld capnography.
  • Multi-parameter products are expected to grow with the fastest CAGR during the forecast period. This growth is credited to their increasing applications in emergency medicines and procedural sedation.

Based on the Technology Insights, the market is segmented into Mainstream, Sidestream, Microstream.

  • The side stream technology segment accounted for the largest revenue share of more than 53% of the global market in 2021. This high growth was attributed to the wide usage of the side stream technology in anesthesia monitoring.
  • The micro stream technology segment is expected to register the fastest growth rate over the forecast period on account of the rising penetration of these products as a result of technological advancements in this field.

Based on the Application Insights, the market is segmented into Emergency Medicine, Pain Medicine, Procedural Sedation, Critical Care, Others.

  • The emergency medicine application segment accounted for the maximum revenue share of more than 23% of the global market in 2021. 
  • Capnographs are widely used in emergency medicine to optimize prehospital ventilation & handle pediatric emergencies, in ambulatory care centers, and as a prognostic indicator for pulmonary blood flow.

Based on the End-use Insights, the market is segmented into Hospitals, Ambulatory Care Centers, Others.

  • The hospitals segment accounted for the largest revenue share of more than 58% of the global market in 2021.
  • This is mainly on account of the rising incidences of cardiac arrest, which, in turn,is projected to create the need for effective patient monitoring.

Capnography Devices Regional Outlook 

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

Key Companies Profile & Market Share Insights

Vendors are investing in product launches, geographical expansions, collaborative agreements, and acquisitions to sustain themselves in the market. The market is expected to become highly competitive as many startups are seeking opportunities in this sector.

Some prominent players in the global capnography devices market include

  • Masimo
  • Smiths Medical
  • Dragerwerk AG & Co. KGaA
  • Welch Allyn (Hill-Rom Holdings, Inc.)
  • Koninklijke Philips N.V.
  • Medtronic
  • Nonin Medical, Inc.
  • Nihon Kohden Corp.
  • BD
  • Diamedica (U.K.) Ltd.
  • Edan Instruments, Inc.

Order a free sample PDF of the Capnography Devices Market Intelligence Study, published by Grand View Research. 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

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