Global capnography devices market size is expected to reach $1.5 billion by 2025, according to P&S Market Research.
On the basis of product, the capnography devices market is categorized into hand-held, stand-alone and multi-parameter. During the forecast period, the market is expected to witness highest growth for multi-parameter capnographs, with a CAGR of 19.5%. Multi-parameter capnographs can be integrated into the surgery patient, monitoring routine easily, and some devices can be used as pulse oximeters as well.
Based on technology, the market is categorized into side stream, main stream, and micro stream. Side stream technology is expected to continue holding the largest share in the capnography devices market in the coming years. It accounted for 53.7% share in this market in 2017. This is mainly due to the fact that, this technology is more comfortable for the patients, because the thin tubing that is connected with side stream capnographs is lighter and less bulky than a mainstream version.
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Based on application, the capnography devices market is classified into emergency medicine, critical care, procedural sedation, pain management and others. During the historical period, emergency medicine was the largest application area of these devices, with 25.5% contribution in 2017. The use of capnography devices increases the safety of sedating patients in emergency departments.
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In order to increase market share, key players of the capnography devices industry are seeking partnerships and acquisitions to provide more effective solutions. For instance, in February 2018, Medtronic plc and Lehigh Valley Health Network (LVHN), an eight-hospital network in Northeastern Pennsylvania, announced a five-year strategic partnership with the aim to cover more than 70 major medical conditions and reducing the cost of care of 500,000 patients in Northeast Pennsylvania by $100 million. One of the programs aimed to reduce respiratory compromise related adverse events by making use of Microstream capnography technology.
Some of the other key players operating in the capnography devices industry are Diamedica (UK) Limited, Shenzhen Comen Medical Instruments Co., Ltd., Edan Instruments, Inc., Nonin Medical, Inc., Drägerwerk AG & Co. KGaA, Nihon Kohden Corporation, Masimo Corporation, Smiths Group plc, Hill-Rom Holdings, Inc., Koninklijke Philips N.V. and Becton, Dickinson and Company.
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The application of capnography in healthcare settings is rising due to the escalating support from the government.
Organizations such as the American Society of Anesthesiologists (ASA), National Center for Patient Safety (NCPS), American Heart Association (AHA), and Anesthesia Patient Safety Foundation (APSF) are issuing numerous guidelines to promote the use of capnography devices globally.
Further, the use of these devices has been made mandatory by the American Society of Gastrointestinal Endoscopy (ASGE) for endoscopic ultrasound procedures or endoscopic retrograde cholangiopancreatography (ERCP).Request to Get the Sample Pages at: https://www.psmarketresearch.com/market-analysis/capnography-devices-market/report-sampleBesides, technological developments, such as the incorporation of miniaturized mainstream multi-gas monitors and integration of molecular correlation spectroscopy and photodetectors in microstream capnography, are expected to advance the capnography devices market at a CAGR of 6.0% during the forecast period (2020–2030).
Such improved devices display high safety levels and accuracy, have an adjustable flow rate, and prevent moisture contamination.
Moreover, these novel products offer a rapid response and better optimization of postoperative outcomes.
This factor will increase the market value from $379.9 million in 2019 to $713.3 million by 2030.Make an Enquiry before Purchase: https://www.psmarketresearch.com/send-enquiry?enquiry-url=capnography-devices-marketThus, the rising awareness about capnography and the availability of technologically advanced products are expected to fuel their adoption in the coming years.
Both of these approaches was used to collect and interpret accurate data from a variety of dynamic facts of companies, including Capnography Devices market Which includes historical information, current scenarios, and future opportunities as well as empirical results.
It also provides a SWOT study to determine the companies' pushing and restraining forces.Leading players of Capnography Devices Market are as follows:Leading industry core players have been profiled in Asia-Pacific, North America, Latin America, Africa, and India, among other global regions.
It also provides a comprehensive view of the economic market, which aids in the differentiation of global and national rivalry.
Various business models have been used to discover the dangers and threats that companies face.- Medtronic Plc.- Burtons Medical Equipment, Ltd.- Becton, Dickinson and Company- Edan Instruments, Inc.- Drgerwerk AG- General Electric- Maxtec, Inc.- SLE Limited- Hamilton Medical AG- Koninklijke Philips N.V.- Other Major & Niche PlayersRequest a Sample Report to gain comprehensive insights with COVID - 19 Impact at @ https://www.fastmr.com/request-s/88When curating this paper, graphical visualisation tools such as info graphics, charts, tables, and pictures were used, resulting in a solid foundation for thorough study of current developments and technical advances in the Capnography Devices market.
It also provides information on Capnography Devices market positions owned by many industries Different successful distribution platforms and business tactics have been thoroughly outlined in the study to help readers devise the right strategies.Market Segmentation:The research offers a comprehensive analysis of global Capnography Devices Market with respect to following sub-markets:By Product- Capnometers- - Handheld Capnometers- - Multiparameter Capnometers-- Standalone Capnometers- Capnography AccessoriesBy Technology- Mainstream Capnographs- Sidestream Capnographs- Microstream CapnographsBy Application- Emergency Medicine- Pain Management- Critical Care- Procedural Sedation- General Floor- OthersBy End-User- Hospitals- Ambulatory- OthersExplore Full Report With Detail Analysis With COVID -19 Impact @ https://www.fastmr.com/report/88/capnography-devices-marketTable Of Content: Preface1.1.
Degree of Competition Value Chain Analysis Market Dynamics5.1.
