The global capnography equipment market is growing fruitfully, was valued at US$ 264.3 Mn in 2017 and expected to reach US$ 390.5 Mn by 2026. Worldwide increasing surgical procedures along with post-operative monitoring, the high prevalence of respiratory diseases, and utilization of advanced equipment for respiratory monitoring drive the overall market growth.
New technology advancement in the field of various applications such as cardiac care, trauma, and emergency care is growing significantly. New product launches in the point of care and portable equipment segment is driving the growth in the developed regions. In the product segment, mainstream equipment is expected to lead the market growth due to its higher accuracy and increase in adoption. Worldwide associations and organizations (WHO, Forum of International Respiratory Societies, European Resuscitation Council (ERC) and others) are now recommending to utilize capnography equipment during patient monitoring for anesthesia to improve higher patient safety. As indicated by WHO and Global Asthma Report, around 300 million suffer from asthma globally. Also, it has also been advocated by WHO to utilize the monitoring throughout certain medical procedures, such as endotracheal tube placement, hypoventilation, and esophageal intubation.
Moreover, the demand for portable equipment is gaining traction in the hospital settings. Moreover, rising incidences of trauma, asthma cases & emergency cases, increasing medical tourism for plastic/cosmetic surgery, easy affordability, demand for progressive diagnostic methodologies, and adoption of advanced equipment along with favorable reimbursement policies fuels the demand for capnography equipment market globally. However, the high cost of equipment, lack of skilled technicians, less awareness and affordability issues are accountable for restraining the growth of capnography equipment market globally.
Market Synopsis
Mainstream Capnography Product Segment is expected to Register Higher Growth by the End of 2026
Adoption of mainstream capnography is in demand due to its higher accuracy and benefits, however, the sensors are expensive to replace. In various areas, microstream method for end-tidal CO2 (EtCO2) measurement is utilized. Major applications of capnography can be seen in the severity of asthma patients, monitoring head-injured patients, cardiac arrest and tube confirmation. Sidestream capnography is also being majorly utilized globally, holds maximum market share in the global market due to its ease of use with thin tubing sets, very less or no problems in sterilization, and support in the monitoring of non-incubated elements assisted with nasal adapters.
For instance, more than 360,000 respiratory failure cases are filed every year in the U.S, around 30% of deaths happen during hospitalization, as indicated by the American Thoracic Society. Preference for disposable consumables is high due to risk for hospital-acquired infections and other contamination risks via reusable consumables. Disposables segment is also generating a significant revenue share due to its regular requirement in evaluating and monitoring COâ‚‚ levels.
Increasing Admissions Due to Respiratory Disorders in the Hospital Segment to Witness a Significant CAGR
Respiratory diseases and other chronic diseases are significant variables expected for the growth & development of the capnography equipment market. As per, American Academy of Allergy, Asthma & Immunology, around 2,000,000 individuals in the U.S. are admitted in the emergency centers due to asthma. Growing demand for mainstream and sidestream capnography products for various applications such as intubated patients during patient transfer in ambulatory care and hospitals, monitoring patients experiencing procedural sedation, in patient-controlled analgesia, and others. Increasing surgical procedures along with rising in advanced healthcare facilities in Europe, and Asia Pacific is a major factor in expanding the growth of the end user segment.
The rise in usage of multiparameter products is gaining traction due to their growing applications in emergency medicines. A noteworthy development in the hospitals, ambulatory centers, and research organizations has sustained the administrations of capnography equipment market due to its ease-of-usage, minimally invasive nature and enhanced capabilities in respiratory & monitoring solution procedures.
Increasing Population, New Product Launches and the Presence of Top Players Holds North America in Dominant Position
In 2017, North America generates maximum revenue share in the global capnography equipment market attributed to the rising prevalence of respiratory disorders, asthma, increasing surgical procedures and increasing utilization of top equipment as a standard of care (critical/emergency medicine) for general anesthesia, and deep or moderate sedation. Others factors contributing to the overall growth of the market include, higher adoption in microstream capnography products (can be utilized for neonatal population and on patients after a surgery), high demand for effective CO2 monitoring, new product launch and increased applications in emergency care, point-of-care, military and veterinary segment globally. Also, few limitations in the applications of pulse oximetry may result in positive traction of the capnography equipment.
Major external factors contributing to the growth include growing awareness increasing hospitalizations, rising FDA approvals for new guidelines & products/services and the presence of top key manufacturers in the U.S. & Europe. Nevertheless, in low monetary nations such as China, India, South Africa, Brazil, and others, the availability of advanced equipment and services is limited. Lack of trained physicians, poor supply chain, less convenience of medical treatment and the high cost devices are restraining the development of the market.
Dominance of Multinational Manufacturers with Strong Product Portfolio in the Developed Regions
Major players in the capnography equipment market are Drgerwerk AG & Co. KGaA, Burtons Medical Equipment, Ltd., Masimo Corporation, Koninklijke Philips N.V., NIHON KOHDEN CORPORATION, Smiths Group PLC, Welch Allyn, Inc., Medtronic PLC, Infinium Medical, Nonin Medical, Inc. and others. Topmost companies are executing growth strategies along with new technology advancement in capnography equipment models, new product launch, and partnerships with medical organizations. For example, in June 2017, IntelliVue X3 was launched by Philips in Europe, which is mainly aimed for continuous monitoring throughout in-hospital transportation and at the bedside. Also, in February 2017, Masimo Corporation declared U.S. FDA clearance and universal launch of the full family of NomoLine capnography product sampling lines. In Oct 2013, Medtronic launched Capnostream 20p bedside monitor featured with Apnea-Sat Alert algorithm.
Historical & Forecast Period
2016 – Historical Year
2017 – Base Year
2018 - 2026 – Forecast Period
This study report represents analysis for each segment from 2016 to 2026 considering 2017 to be the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period from 2018 to 2026.
Report Scope by Segments
Market Segmentation
Product (2016–2026; US$ Mn)
End User Segment (2016–2026; US$ Mn)
Geography Segment (2016–2026; US$ Mn)
The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints and opportunities that gives a better market understanding of the overall capnography equipment market. Additionally, the global report also comprises graphical representation of competitive landscape based on their market initiatives and strategies, product portfolio and business strengths.
Key questions answered in this report
Chapter 1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
Chapter 2. Executive Summary
2.1. Global Capnography Equipment Market Portraiture
2.2. Global Capnography Equipment Market, By Equipment Type, 2017 (US$ Mn)
2.3. Global Capnography Equipment Market, By End User, 2017 (US$ Mn)
2.4. Global Capnography Equipment Market, by Geography, 2017 Vs 2026 (Value %)
Chapter 3. Global Capnography Equipment Market: Market Dynamics and Future Outlook
3.1. Market Overview
3.2. Capnography Equipment Market Technologies: Future Trends
3.3. Current Scenario: New Product Launches, High prevalence For Respiratory Diseases
3.4. Challenges
3.5. Opportunities
3.6. Attractive Investment Proposition, by Geography, 2017
3.7. Competitive Landscape
3.7.1. Competitive Landscape, by Key Players, 2017
Chapter 4. Global Capnography Equipment Market, by Equipment Type, 2016 – 2026 (US$ Mn)
4.1. Overview
4.2. Mainstream Capnographs
4.3. Sidestream Capnographs
4.4. Microstream Capnographs and Disposables
Chapter 5. Global Capnography Equipment Market, By End User, 2016 – 2026 (US$)
5.1. Overview
5.2. Hospitals
5.3. Ambulatory Centers
5.4. Others (Emergency Care Centers and Specialty Clinics)
Chapter 6. Global Capnography Equipment Market, by Geography, 2016 – 2026 (US$ Mn)
6.1. Overview
6.2. North America Capnography Equipment Market Analysis, 2016 – 2026
6.2.1. North America Capnography Equipment Market, By Equipment Type, 2016 – 2026 (US$ Mn)
6.2.2. North America Capnography Equipment Market, By End User, 2016 – 2026 (US$ Mn)
6.2.3. North America Capnography Equipment Market, by Country, 2016 – 2026 (US$ Mn)
6.2.3.1. U.S.
6.2.3.2. Canada
6.3. Europe Capnography Equipment Market Analysis, 2016 – 2026
6.3.1. Europe Capnography Equipment Market, By Equipment Type, 2016 – 2026 (US$ Mn)
6.3.2. Europe Capnography Equipment Market, By End User, 2016 – 2026 (US$ Mn)
6.3.3. Europe Capnography Equipment Market, by Country, 2016 – 2026 (US$ Mn)
6.3.3.1. U.K.
6.3.3.2. Germany
6.3.3.3. Rest of Europe
6.4. Asia Pacific Capnography Equipment Market Analysis, 2016 – 2026
6.4.1. Asia Pacific Capnography Equipment Market, By Equipment Type, 2016 – 2026 (US$ Mn)
6.4.2. Asia Pacific Capnography Equipment Market, By End User, 2016 – 2026 (US$ Mn)
6.4.3. Asia Pacific Capnography Equipment Market, by Country, 2016 – 2026 (US$ Mn)
6.4.3.1. Japan
6.4.3.2. China
6.4.3.3. Rest of APAC
6.5. Latin America Capnography Equipment Market Analysis, 2016 – 2026
6.5.1. Latin America Capnography Equipment Market, By Equipment Type, 2016 – 2026 (US$ Mn)
6.5.2. Latin America Capnography Equipment Market, By End User, 2016 – 2026 (US$ Mn)
6.5.3. Latin America Capnography Equipment Market, by Country, 2016 – 2026 (US$ Mn)
6.5.3.1. Brazil
6.5.3.2. Mexico
6.5.3.3. Rest of Latin America
6.6. Middle East & Africa (MEA) Capnography Equipment Market Analysis, 2016 – 2026
6.6.1. MEA Capnography Equipment Market, by Equipment Type, 2016 – 2026 (US$ Mn)
6.6.2. MEA Capnography Equipment Market, By End User, 2016 – 2026 (US$ Mn)
6.6.3. MEA Capnography Equipment Market, by Region, 2016 – 2026 (US$ Mn)
6.6.3.1. GCC
6.6.3.2. Rest of MEA
Chapter 7. Company Profiles
7.1. Drgerwerk AG & Co. KGaA
7.1.1. Business Description
7.1.2. Financial Information (Subject to data availability)
7.1.3. Product Portfolio
7.1.4. Key Developments
7.2. Burtons Medical Equipment, Ltd.
7.3. Masimo Corporation
7.4. Koninklijke Philips N.V.
7.5. NIHON KOHDEN
7.6. Smiths Group PLC
7.7. Welch Allyn, Inc.
7.8. Medtronic PLC
7.9. Infinium Medical
7.10. Nonin Medical, Inc.
FIG. 1 Global Capnography Equipment Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Capnography Equipment Market Segmentation
FIG. 4 Global Capnography Equipment Market, by Equipment Type, 2017 (US$ Mn)
FIG. 5 Global Capnography Equipment Market, by End User, 2017 (US$ Mn)
FIG. 6 Global Capnography Equipment Market, by Geography, 2017 (US$ Mn)
FIG. 7 Attractive Investment Proposition, by Geography, 2017
FIG. 8 Global Market Positioning of Key Capnography Equipment Market Manufacturers, 2017
FIG. 9 Global Mainstream Capnographs Market, 2016–2026 (US$ Mn)
FIG. 10 Global Sidestream Capnographs Market, 2016–2026 (US$ Mn)
FIG. 11 Global Microstream Capnographs and Disposables Market, 2016–2026 (US$ Mn)
FIG. 12 Global Hospitals End User for Capnography Equipment Market, 2016–2026 (US$ Mn)
FIG. 13 Global Ambulatory Centers End User for Capnography Equipment Market, 2016–2026 (US$ Mn)
FIG. 14 Global Others (Emergency Care and Specialty Clinics) Market for Capnography Equipment Market, 2016–2026 (US$ Mn)
FIG. 15 U.S. Capnography Equipment Market, 2016–2026 (US$ Mn)
FIG. 16 Canada Capnography Equipment Market, 2016–2026 (US$ Mn)
FIG. 17 U.K. Capnography Equipment Market, 2016–2026 (US$ Mn)
FIG. 18 Germany Capnography Equipment Market, 2016–2026 (US$ Mn)
FIG. 19 Rest of Europe Capnography Equipment Market, 2016–2026 (US$ Mn)
FIG. 20 Japan Capnography Equipment Market, 2016–2026 (US$ Mn)
FIG. 21 China Capnography Equipment Market, 2016–2026 (US$ Mn)
FIG. 22 Rest of Asia Pacific Capnography Equipment Market, 2016–2026 (US$ Mn)
FIG. 23 Brazil Capnography Equipment Market, 2016–2026 (US$ Mn)
FIG. 24 Mexico Capnography Equipment Market, 2016–2026 (US$ Mn)
FIG. 25 Rest of Latin America Capnography Equipment Market, 2016–2026 (US$ Mn)
FIG. 26 GCC Capnography Equipment Market, 2016–2026 (US$ Mn)
FIG. 27 Rest of Middle East & Africa Capnography Equipment Market, 2016–2026 (US$ Mn)
TABLE 1 Market Snapshot: Global Capnography Equipment Market
TABLE 2 Global Capnography Equipment Market, by Equipment Type, 2016–2026 (US$ Mn)
TABLE 3 Global Capnography Equipment Market, by End User, 2016–2026 (US$ Mn)
TABLE 4 Global Capnography Equipment Market, by Geography, 2016–2026 (US$ Mn)
TABLE 5 North America Capnography Equipment Market, by Equipment Type, 2016–2026 (US$ Mn)
TABLE 6 North America Capnography Equipment Market, by End User, 2016–2026 (US$ Mn)
TABLE 7 North America Capnography Equipment Market, by Country, 2016–2026 (US$ Mn)
TABLE 8 Europe Capnography Equipment Market, by Equipment Type, 2016–2026 (US$ Mn)
TABLE 9 Europe Capnography Equipment Market, by End User, 2016–2026 (US$ Mn)
TABLE 10 Europe Capnography Equipment Market, by Country/Region, 2016–2026 (US$ Mn)
TABLE 11 Latin America Capnography Equipment Market, by Equipment Type, 2016–2026 (US$ Mn)
TABLE 12 Latin America Capnography Equipment Market, by End User, 2016–2026 (US$ Mn)
TABLE 13 Latin America Capnography Equipment Market, by Country/Region, 2016–2026 (US$ Mn)
TABLE 14 Asia Pacific Capnography Equipment Market, by Equipment Type, 2016–2026 (US$ Mn)
TABLE 15 Asia Pacific Capnography Equipment Market, by End User, 2016–2026 (US$ Mn)
TABLE 16 Asia Pacific Capnography Equipment Market, by Country/Region, 2016–2026 (US$ Mn)
TABLE 17 Middle East & Africa Capnography Equipment Market, by Equipment Type, 2016–2026 (US$ Mn)
TABLE 18 Middle East & Africa Capnography Equipment Market, by End User, 2016–2026 (US$ Mn)
TABLE 19 Middle East & Africa Capnography Equipment Market, by Region, 2016–2026 (US$ Mn)
TABLE 20 Drgerwerk AG & Co. KGaA: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 21 Burtons Medical Equipment, Ltd.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 22 Masimo Corporation : Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 23 Koninklijke Philips N.V.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 24 NIHON KOHDEN CORPORATION: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25 Smiths Group PLC: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26 Welch Allyn, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 27 Medtronic PLC: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 28 Infinium Medical: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 29 Nonin Medical, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
