Capnography Devices Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023

Market Outline: Capnography Devices Market
Capnography is the process of monitoring partial pressure or concentration of carbon dioxide in respiratory gases by using capnogram. It is majorly used as a monitoring tool during intensive care and anesthesia. Capnography helps to anesthesiologists to prevent the hypoxia and help to determine the situations that can lead to hypoxia and may cause irreversible brain damage. Due to these advantages, capnography is widely used in endoscopic suites, emergency rooms, x-ray rooms, and on-site emergency and trauma centres. In healthy individuals, the difference between the arterial blood and expired CO2 partial pressure is very small, however, in presence of lung disease, and some congenital heart disease the difference is increased and can exceed 1 kPa.

Market Dynamics: Capnography Devices Market
Increase in the prevalence of respiratory diseases such as COPD, pulmonary embolism, bronchospastic diseases and asthma (according to World Health Organization, approximately more than 3 Mn people die each year with COPD around the globe), technological advancements in the capnography devices, and recommendation by American Heart Association (AHA) and The American Society of Anesthesiologists (ASA) are anticipated to fuel the capnography devices market. Moreover, the wide range of applications of capnography devices in hypoventilation, esophageal intubation, and endotracheal tube placement, growing geriatric population, minimally invasive nature, and ease of use are expected to propel the capnography devices market over the forecast period. However, alternative devices availability for capnography such as pulse oximeter, new clinical studies restraining the usage in non-intubated individuals, and issues associated with capnography usage are impeding the growth of capnography devices market.

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Market Scope: Capnography Devices Market
Capnography devises market is segmented on the basis of product type, technology, application, and end user
Based on product type, the market is segmented into the following:
• Capnographs
o Micro-Stream Capnographs
o Side-Stream Capnographs
o Main Stream Capnographs
• Disposables
Based on technology, the market is segmented into the following:
• Hand-Held Monitors
• Stand-Alone Monitors
• Others
Based on application, the market is segmented into the following:
• Anesthesia
• Procedural Sedation
• Intensive Care
• Pain Management
• Emergency Medicine
• Others
Based on end user, the market is segmented into the following:
• Hospitals
• Clinics
• Ambulatory Surgical Centers

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Market Summary: Capnography Devices Market
Capnography devises market growing at a significant rate due to the implementation of regulatory guidelines for procedural sedation and rise in adoption of capnography devices due to higher efficiency and reliability are anticipated to fuel the capnography devices market. Moreover, technological advancements in capnography devices, such as Oridion’s micro-stream technology helps in reducing the dispersion of gases in sampling tube and increase in the prevalence of asthma (according to WHO 2013, approximately 235 Mn people suffered from asthma) expected to drive the market. Furthermore, acquisitions and mergers, product approvals, and product launchings are the strategies followed by the market players for increasing their revenue in capnography devices market. For instance, in October 2013, Covidien, a subsidiary of Medtronic plc launched Capnostream 20p bedside monitor with Covidien’s micro-stream technology. Moreover, in July 2013, Masimo launched Emma capnograph with waveform display, helps to determine the end-tidal carbon dioxide and respiration rate.

Regional Analysis: Capnography Devices Market
Geographically, capnography devices market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America capnography devices market driven by increase in the prevalence of respiratory failures (according to American Thoracic Society, approximately 360,000 respiratory failure cases observed every year in the use), increase in the R&D activities for the innovation of newer products, and FDA clearance for newer products and platforms in the market. Europecapnography devices market is projected to grow at a significant rate, which is attributed to recommendations for adoption by European Resuscitation Council (ERC), Association of Anaesthetists of the Great Britain & Ireland (AAGBI), and Intensive care Society in U.K. Asia Pacific capnography devices market is growing due to increase in geriatric population, which leads to increase in the prevalence of respiratory disorders and government initiations for the development of healthcare facilities are bolster the market. Middle East and Africa capnography devices market growth attributed to the launching of newer products into Middle East region. For instance, in January 2015, Viamed launched new capnograph monitor technology VersaStream to Middle East regions at Arab Health 2015.

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Competition Assessment: Capnography Devices Market
Some of the players in the global capnography devices market include:
• Covidien plc (Medtronic, plc. (Ireland))
• Masimo Corporation (U.S.)
• Nihon Kohden Corporation (Japan)
• Smiths Medical, Inc. (U.S.)
• Nonin Medical, Inc. (U.S.)
• Welch Allyn Inc. (U.S.)
• Koninklijke Philips N.V. (Netherlands)
• Dragerwerk AG & Co. KGaA (Germany)
• Viamed Limited (England)
• Salter Labs (U.S.)

Notable Market Developments: Capnography Devices Market
• In August 2017, Salter Labs acquired IntuBrite, Parker Medical, Innomed Technologies for expanding the Airway product portfolio including Capnography devices

Key Features of the Report:
• The report provides granular level information about the market size, regional market share, historic market (2012 to 2016) and forecast (2017 to 2023)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
• The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

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