By end user, it is segmented into hospitals and ambulatory surgical centers. By application, the market is categorized into procedural sedation, pain management, emergency medicine, critical care, general floor, and others. Capnograph is further subdivided mainstream capnographs, sidestream capnographs, and microstream capnographs. On the basis product, it is categorized into capnographs and capnography disposables. The market is segmented on the basis of product, application, end user, and region. Moreover, increase in initiatives undertaken by authorities and governments to improve healthcare systems and spread awareness regarding benefits of capnography devices are also expected to increase growth of the market. Rise in prevalence of population suffering from respiratory diseases is expected to positively affect growth of the market. Hence, high cost of devices and lack of trained professionals are expected to restrain the capnography market growth during the forecast period. Furthermore, capnography devices are complex and require trained and skilled professionals. Furthermore, technological advancements in capnography devices to make it portable and automatic is expected to fuel the capnography market growth during the forecast period. This increase in demand for capnography devices is attributed to certain advantages of capnography such as real-time measurement of EtCO2 and immediate recognition of ventilation as compared to oximetry. Rise in adoption of capnography devices over pulse oximetry is expected to surge the capnography devices market during the forecast period. Moreover, with the rise in number of in-patient and out-patient surgeries, the demand for capnography devices is also expected to increase, which propels the capnography devices market growth. According to the Australian Institute of Health and Welfare, 2.7 million hospitalizations included surgical procedures during 2016 to 2017. Use of capnography devices in monitoring effects of anesthesia during surgery is expected to surge the demand of capnography devices. In addition, rise in number of surgical procedures is expected to stimulate the global capnography market growth during the forecast period. Rise in incidences of respiratory diseases, technological advancements in capnography devices, and rise in government initiatives in support of use of capnography devices are the key factors that positively impact growth of the market. All these factors are anticipated to impact the capnography market as well in the future. For instance, several companies are merging their business with capnography device manufacturing company to overcome the lack of capnographs required for treatment of COVID-19 patient. Moreover, according to World Health Organization (WHO), people of age group 40 and above are vulnerable to coronavirus infection and face severe breathing problems which it is foreseen to positively impact on the growth of capnography market. Furthermore, the capnography market is expected to retain its growth even after the control of the pandemic situation. In addition, the global capnography market will witness significant growth in 2019 and is anticipated to follow the trend until the end of the forecast period. Furthermore, most of the leading companies business has been positively impacted by the capnography products, which are in high demand as a result of COVID-19 include extracorporeal life support products. The capnography market is positively impacted by the pandemic, as most countries adopted lockdown to combat the pandemic. These devices are used extensively during intensive care and anesthesia procedures. Furthermore, capnographs used for measurement of the Carbon Dioxide (CO2) concentration in exhaled air are known as capnography devices. Capnograph is a waveform that observes the CO2 level at each phase of the respiratory cycle and is used for measuring and displaying respiratory rate. The global capnography market accounted for $393.93 million in 2019, and is expected to reach $1,181.55 million by 2027, registering a CAGR of 13.5% from 2020 to 2027.Ĭapnography is used for assessing ventilation.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |