Who are the key players in Capnography Devices Market?

Becton, Dickinson and Company, Koninklijke Philips N.V., Masimo Corporation, Medtronic Plc and Nihon Kohden Corporation are the major companies operating in the Capnography Devices Market. Read More

Which is the fastest growing region in Capnography Devices Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Capnography Devices Market?

In 2024, the North America accounts for the largest market share in Capnography Devices Market. Read More

What years does this Capnography Devices Market cover, and what was the market size in 2023?

In 2023, the Capnography Devices Market size was estimated at USD 544.96 million. The report covers the Capnography Devices Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the Capnography Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Capnography Devices Market Size

Market Size of Capnography Devices Industry

Study Period	2021 - 2029
Market Size (2024)	USD 584.47 Million
Market Size (2029)	USD 829.37 Million
CAGR (2024 - 2029)	7.25 %
Fastest Growing Market	Asia Pacific
Largest Market	North America
Major Players *Disclaimer: Major Players sorted in no particular order

Capnography Devices Market Analysis

The Capnography Devices Market size is estimated at USD 584.47 million in 2024, and is expected to reach USD 829.37 million by 2029, growing at a CAGR of 7.25% during the forecast period (2024-2029).

COVID-19 disease significantly impacted capnography devices. During the early pandemic in 2020, there had been a slight decline in market growth due to the lack of availability of the devices. This had been primarily due to the supply chain restrictions and manufacturing halts because of stringent lockdowns across the globe. But, during the late pandemic, there had been a huge surge in market growth due to the rising adoption of capnography devices in the management and detection of COVID-19 disease.
Furthermore, according to the study published in Respiratory Physiology and Neurobiology in December 2020, capnography is a convenient bedside approach for monitoring patients' split ventilation. Such advantages of capnography during the pandemic have led to increased adoption of capnography devices during the late pandemic phase. Furthermore, post-pandemic, the market is expected to show a significant pace due to the adoption of capnography devices for various lung diseases such as respiratory infections, asthma, and chronic obstructive lung pulmonary disease.
The major factors driving the market growth include the rising number of surgeries across the globe, the increasing prevalence of respiratory diseases, and technological advancements in capnography devices, among others.
Respiratory diseases, such as respiratory infections, asthma, lung cancer, and Chronic obstructive pulmonary disease (COPD), are increasing at an alarming rate in both developed and developing countries, which is driving the growth of the market. Chronic respiratory diseases are found to affect the airways and other parts of the lungs for a longer duration of the period. Respiratory symptoms are among the major causes of consultation with doctors and physicians in primary health care centers. According to the Global Initiative for Chronic Obstructive Lung Disease 2022, COPD is thought to affect 200 million people, and asthma affects 262 million people globally.
In addition, according to the ERS International Congress 2021, it is estimated that the number of COPD patients in European regions such as Germany, the United Kingdom, Spain, and Italy would be 7.6 million, 7 million, 4.8 million, and 4.7 million, respectively, by 2050. Such a huge prevalence of respiratory devices is anticipated to drive market growth due to the rising adoption of capnography devices during the management of COPD
Furthermore, the rising demand for capnography devices and key initiatives adopted by the market players is anticipated to rise in adoption, driving market growth. For instance, in November 2021, Smile Train and Lifebox started developing capnography equipment specifically for low-resource settings in an effort to increase the safety of anesthesia for kids worldwide. The goal of this endeavor is to locate and acquire a reliable, user-friendly, and reasonably priced capnography device that will aid in enhancing anesthetic safety for kids all over the world.
Thus, the increasing prevalence of respiratory diseases, technological advancement in the products, and rising initiatives from the market players have augmented the demand for capnography devices, which is expected to drive the growth of the market. However, the shortage of skilled professionals and the high cost of devices are the factors expected to hinder market growth.

Capnography Devices Industry Segmentation

Capnography devices are used in the monitoring of the concentration or partial pressure of carbon dioxide in respiratory gases.

The capnography devices market is segmented by product (hand-held and stand-alone), technology (side stream, main stream, and micro stream), application (critical care, sleep studies, pain management, procedural sedation, and other applications), end-user (hospitals, ambulatory surgical centers, and other end-users), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally.

The report offers the value (in USD) for the above segments.

By Product
		Hand-held
		Stand-alone

By Technology
		Side Stream
		Main Stream
		Micro Stream

By Application
		Critical Care
		Sleep studies
		Pain Management
		Procedural Sedation
		Other Applications

By End-User
		Hospitals
		Ambulatory Surgical Centers
		Other End-Users

Geography

North America
	United States
	Canada
	Mexico

Europe
	Germany
	United Kingdom
	France
	Italy
	Spain
	Rest of Europe

Asia-Pacific
	China
	Japan
	India
	Australia
	South Korea
	Rest of Asia-Pacific

Middle East and Africa
	GCC
	South Africa
	Rest of Middle East and Africa

South America
	Brazil
	Argentina
	Rest of South America

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Capnography Devices Market Size Summary

The capnography devices market is poised for significant growth, driven by the increasing prevalence of respiratory diseases and technological advancements in the field. The market experienced initial setbacks during the COVID-19 pandemic due to supply chain disruptions, but later saw a surge in demand as these devices became crucial for managing and detecting the virus. This trend is expected to continue post-pandemic, with capnography devices being increasingly adopted for various lung conditions such as asthma and chronic obstructive pulmonary disease (COPD). The rising number of surgical procedures globally further propels market expansion, with side-stream technology gaining traction due to its ease of use and effectiveness in monitoring carbon dioxide levels during anesthesia.

North America, particularly the United States, holds a substantial share of the capnography devices market, supported by technological innovations and a high prevalence of respiratory ailments. The region benefits from regulatory approvals of advanced devices, which are expected to boost adoption rates. The market is characterized by the presence of established players who are actively engaging in partnerships and acquisitions to enhance their product offerings. Initiatives aimed at increasing the availability of capnography devices in low-resource settings also contribute to market growth. Despite challenges such as the shortage of skilled professionals and high device costs, the market is anticipated to witness robust expansion over the forecast period.

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Capnography Devices Market Size - Table of Contents

1. MARKET DYNAMICS
1. 1.1 Market Overview
2. 1.2 Market Drivers
  1. 1.2.1 Rising Number of Surgeries across the Globe
  2. 1.2.2 Increase in the Prevalence of Respiratory Diseases
  3. 1.2.3 Technological Advancements in Capnography Devices
3. 1.3 Market Restraints
  1. 1.3.1 Shortage of Skilled Professionals
  2. 1.3.2 High Cost of the Devices
4. 1.4 Porter's Five Forces Analysis
  1. 1.4.1 Threat of New Entrants
  2. 1.4.2 Bargaining Power of Buyers/Consumers
  3. 1.4.3 Bargaining Power of Suppliers
  4. 1.4.4 Threat of Substitute Products
  5. 1.4.5 Intensity of Competitive Rivalry
2. MARKET SEGMENTATION
1. 2.1 By Product
  1. 2.1.1 Hand-held
  2. 2.1.2 Stand-alone
2. 2.2 By Technology
  1. 2.2.1 Side Stream
  2. 2.2.2 Main Stream
  3. 2.2.3 Micro Stream
3. 2.3 By Application
  1. 2.3.1 Critical Care
  2. 2.3.2 Sleep studies
  3. 2.3.3 Pain Management
  4. 2.3.4 Procedural Sedation
  5. 2.3.5 Other Applications
4. 2.4 By End-User
  1. 2.4.1 Hospitals
  2. 2.4.2 Ambulatory Surgical Centers
  3. 2.4.3 Other End-Users
5. 2.5 Geography
  1. 2.5.1 North America
    1. 2.5.1.1 United States
    2. 2.5.1.2 Canada
    3. 2.5.1.3 Mexico
  2. 2.5.2 Europe
    1. 2.5.2.1 Germany
    2. 2.5.2.2 United Kingdom
    3. 2.5.2.3 France
    4. 2.5.2.4 Italy
    5. 2.5.2.5 Spain
    6. 2.5.2.6 Rest of Europe
  3. 2.5.3 Asia-Pacific
    1. 2.5.3.1 China
    2. 2.5.3.2 Japan
    3. 2.5.3.3 India
    4. 2.5.3.4 Australia
    5. 2.5.3.5 South Korea
    6. 2.5.3.6 Rest of Asia-Pacific
  4. 2.5.4 Middle East and Africa
    1. 2.5.4.1 GCC
    2. 2.5.4.2 South Africa
    3. 2.5.4.3 Rest of Middle East and Africa
  5. 2.5.5 South America
    1. 2.5.5.1 Brazil
    2. 2.5.5.2 Argentina
    3. 2.5.5.3 Rest of South America