Industry Background:
Capnography equipment refer as the equipment which measures the concentration of carbon dioxide in the patient's respiratory gases during anesthesia. Currently, capnography is a popularly used method for monitoring ETCO2. It provides detailed information on respiratory pattern, carbon dioxide production, alveolar ventilation, pulmonary perfusion. It also helps to eliminate carbon dioxide from the breathing circuit and ventilator. Capnography devices are especially helpful for patients who suffer from the chronic obstructive pulmonary disease (COPD) and asthma.This growth is primarily driven by Development of Portable/Point-Of-Care Capnography Devices
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Health Care Equipment sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as NIHON KOHDEN (Japan), Philips (Netherlands), Medtronic (Ireland), Smiths Group (United Kingdom), Masimo Corporation (United States), Drägerwerk AG & Co. KGaA (Germany), Hill-Rom Holdings (United States), Nonin Medical (United States), Infinium Medical (United States) and Criticare Technologies (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In 2022, Medtronic announced the U.S. launch of Medtronic Extended infusion set. The first and only infusion set with a 7-day wear label. An infusion set is a piece of tubing that administers insulin from an insulin pump to the body and must be changed every two to three days. To double the wear time of an infusion set, the Medtronic Extended infusion set employs innovative materials that assist limit insulin preservative loss while maintaining insulin flow and stability. and In 2021, Medtronic introduced in select European countries the Medtronic Extended infusion set. This innovation increases the amount of time an infusion set can be worn, allowing users to safely continue on insulin pump therapy with fewer interruptions and insertions while adding convenience and comfort to their diabetes management routine.The market is consolidated, with a few leading players. Key companies are indulging in various strategies to expand. Those include product launch, and mergers and acquisitions. The players are working hard to expand their reach and increase their consumer base all over the globe.
Influencing Trend:
Evolving Guidelines Related to the Clinical Use of Capnography and Increasing Number of Surgeries
Market Growth Drivers:
Development of Portable/Point-Of-Care Capnography Devices and Clinical Benefits of Capnography Equipment Over Pulse Oximetry
Challenges:
Shortage of Skilled Technicians to Operate Capnometers
Restraints:
Limited Awareness About Capnography Among Healthcare Professionals
Opportunities:
Increased Availability of Clinical Evidence to Support Capnography Monitoring and Emerging Markets in Various Region
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Capnography Equipment Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Capnography Equipment Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Capnography Equipment players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Capnography Equipment Study Sheds Light on
The Capnography Equipment Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Capnography Equipment industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Capnography Equipment industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.