Investments towards research for lifestyle-associated and infectious respiratory ailments supports the widened scope of applications for capnography devices.
Investments towards research for lifestyle-associated and infectious respiratory ailments supports the widened scope of applications for capnography devices.
Fact.MR, New York: A new report on the capnography market by market research firm Fact.MR has projected steady sales through 2021 and for years to come. The COVID-19 pandemic has resulted in increased demand for capnography equipment owing to the significant rise in remote respiratory monitoring requirements during the crisis period. High potential for applications in emergency healthcare procedures, and hospitalization cases, post-surgery will support long-term growth of the market.
Capnography procedures largely find use in assessment of ventilation parameters for patients requiring respiratory aid. Extensive applications in anesthesia and intensive care processes will drive developments within the industry. Also, the widening demographic of geriatrics are more susceptible to the covid-19 virus as per WHO data, which favorably influences growth prospects within the industry in the short-term.
Rising incidences of respiratory ailments, increasing levels of pollution, and government incentives support the use of capnography devices. Furthermore, higher numbers of outpatient and inpatient processes and the transition away from oximetry will create key profitable opportunities for market players for the foreseeable future.
“The growing number of complex surgeries being conducted globally is stimulating the global capnography market. Capnography devices are primarily used in operating rooms to remotely monitor ventilation parameters during sedation procedures. Hence, growing numbers of surgical procedures are likely to result in higher demand in emergency care parameters, creating new opportunities for sales in the near future,” comments a Fact.MR analyst.
Request a report sample to gain detailed insights at https://www.factmr.com/connectus/sample?flag=S&rep_id=5275
Key Takeaways from Fact.MR’s Capnography Market
- Handheld and multi-parameter capnography devices to display relatively faster growth owing to better sample collection and high portability.
- Micro-stream devices are projected to reflect fast growth owing to applications with both intubated and non-intubated patients.
- Hospitals will remain major end users, owing to access to capital and infrastructure and ICU applications.
- United States holds major market share owing to incidences of respiratory ailments from lifestyle and stress triggers.
- Higher healthcare spending and investments into infrastructure positively influence growth in India and China.
Capnography Market – Prominent Drivers
- Rising global prevalence of respiratory diseases and lifestyle-based ailments support adoption rates.
- The growing transition from conventional oximeter devices to capnography alternatives drive growth in the industry.
- Increase in surgical procedures and tech advancements in real-time monitoring aids developments.
Capnography Market – Key Restraints
- Strict regulations associated with product development and high costs are key factors affecting sales.
- Lack of adequately skilled or trained professionals is holding back adoption of capnography devices.
Discover more about the capnography market with figures data tables and table of contents. You can also find detailed market segmentation at https://www.factmr.com/report/5275/capnography-market
Competitive Landscape
Major players in the capnography market include but are not limited to Welch Allyn, Medtronic, CareFusion, Masimo, Nonin, Drägerwerk AG & Co. KGaA, Koninklijke Philips, Smiths Medical, and Becton Dickinson and Company.
Manufacturers in the capnography market are increasingly focused on product development and launch strategies, leveraging the faster approvals being implemented by key international regulatory bodies to consolidate international market position.
In September 2020, Capsule Technologies received approval from the FDA for its new connected capnography-monitoring technology called Vitals Plus with direct integration of monitor data to HER systems.
In November 2019, Masimo announced the receipt of approval from the European regulatory approval for its Radius Capnography system. The product is a real time monitor with Bluetooth connectivity with the company’s Root patient monitor.
In March 2021, Med Life launched its live interactive medical simulation mobile app for Android and iOS users to monitor vital health signatures including capnography operations, to keep up with covid-19 requirements.
More Insights on the Capnography Market
In its latest report, Fact.MR offers unbiased analysis of the global capnography market. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of technology (main-stream, side-stream, and micro-stream), application (procedural sedation, emergency medicine, general floor, pain management, and critical care), and end user (hospitals, ambulatory surgical centers, and clinics) across seven regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa).
Request For No-Obligation Table Of Content
https://www.factmr.com/connectus/sample?flag=T&rep_id=5275
Explore Fact.MR’s Coverage on the Healthcare Domain
Mammography Detectors Market: A recent study by Fact.MR on the mammography detectors market offers a 10-year forecast analysis for the period 2018 to 2028. The study analyzes key trends that are currently determining the growth of the market. This report covers key dynamics, including drivers, restraints, and opportunities for leading market players along with key stakeholders and emerging players.
Actigraphy Sensors Market: Fact.MR’s extensive coverage on the actigraphy sensors market offers in-depth insights about the prominent growth dynamics that are likely to aid expansion of growth prospects in the near future. Data has been presented in the form of key segments across prominent geographies, along with important information concerning key manufacturers operating within the industry.
Transesophageal Echocardiography (TEE) Market: The global transesophageal echocardiography (TEE) market study published by Fact.MR offers an unbiased analysis of the prominent drivers, opportunities and trends expected to shape future expansion outlook. The report provides a comprehensive assessment on the prominent segments and geographies which are likely to benefit market players in forthcoming years.
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com
Follow Us: LinkedIn | Twitter
Market Intelligence Services: Marketngage.com
Source: Fact.MR