Capnography Equipment Market is Picking Up Speed and Will Reach an Estimated Value of USD 615.6 mn due to Spiraling COPD

Capnography is defined as a monitoring tool for examining the concentration or partial pressure of CO2 in expiratory gases. Capnography is mainly used during sedation procedures, and for constant monitoring in intensive care units. The technology is also used for diagnosis of respiratory diseases. Capnography machines generate information about CO2 production, alveolar ventilation, pulmonary perfusion, respiratory patterns, and elimination of CO2 from the ventilator and anesthesia breathing circuit. The shape of the capnogram curve generated by measuring above mentioned parameters are used for diagnosis of asthma, emphysema and bronchitis, in which the composition of gases within the lung is strongly affected. Driven primarily by the growing occurrence of respiratory diseases that demand effective treatment, the global capnography equipment market will reach a valuation of US$615.6 mn by 2020.

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Capnographs are used to measure excreted CO2 levels into the bloodstream, and form an integral part of the essential monitoring tools used during intensive care or anesthesia.With capnographs having become increasingly sophisticated over the years, they have proven their efficacy and reliability. This has also caused the demand for capnographs to increase through the years. Another driver that will help the market register a healthy rate of growth is the introduction of various regulatory guidelines concerning sedation procedures. Yet, the market will be prevented from achieving an even higher rate of growth because of the availability of cheaper substitutes to capnographs, such as pulse oximeters. Nevertheless, the growth of the capnography equipment market in emerging countries in Latin America and Asia Pacific will offset the negative impact of substitutes on the global market.

The growing prevalence of COPD and asthma in emerging economies will create new growth opportunities for companies in the global capnography equipment market.This report segments the global capnography equipment market on the basis of products, end-users, and geography. By product type, the market is segmented into: capnographs and capnography disposables. The former is sub-segmented into mainstream capnographs, sidestream capnographs, and microstream capnographs. With a sizeable share of 50% in the global capnography equipment market by product type, the sidestream capnographs segment was the most dominant as of 2013. The projected rate of growth of the microstream capnographs segment is very strong (18% over the report’s forecast period), making this space attractive for investments. Microstream capnographs come with several advantages, the main ones being their use in non-intubated patients and neonatal patients.

Likewise, on the basis of geography, the report segments the global market into the following regional markets: North America, Asia Pacific, Europe, and Rest of the World (RoW). North America held 60% of the global capnography equipment market in 2013, making it the single-largest regional market. The fastest growth in the global capnography equipment market between 2014 and 2020, however, will be seen in Europe, says the report. The market for capnography equipment in Europe is primarily driven by the increasing cases of respiratory failure, conducive government standards and regulations, and sliding prices of capnographs sold in the region.

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The report also features a comprehensive section on the competitive landscape of the global capnography equipment market. The leading players that have been discussed in the Company Profiles chapter include: Dragerwerk AG, Covidien, plc., Medtronic, Inc., Masimo Corporation, Nonin Medical, Inc., Nihon Kohden Corporation, Philips Healthcare, Welch Allyn, Inc., and Smiths Medical.

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