Capnograph is a type of device and the equipment is used to measures the concentration of carbon dioxide present in the patient's respiratory gases during anesthesia. It is a method widely used for monitoring ETCO2. It is basically used during anesthesia and intensive care.It provides detailed information on carbon dioxide production, alveolar ventilation, and many more. Capnography devices are utilized for patients suffering from the chronic obstructive pulmonary disease (COPD) and asthma.
MARKET SCOPE
The "Global Standalone Capnography Equipment Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the standalone capnography equipment market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading standalone capnography equipment market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global standalone capnography equipment market is segmented into mainstream capnographys, sidestream capnographys, and microstream capnographys.
- On the basis of application, the market is bifurcated into critical care, emergency medical services (ems), pain management and sedation, and others.
MARKET DYNAMICS
Drivers:
- Rising prevalence of respiratory diseases like pulmonary asthma, increasing number of surgeries, advancements in patient monitoring and development of portable capnography devices are the factors that drive the market growth.
- Growing adoption of capnography equipment during post-operative monitoring and increasing preference of capnometers over oximeters boosts the market growth.
- Increasing technological advancements, improving healthcare systems and growing healthcare expenditure in developing countries fuels the growth of the market.
Restraints:
- Scarcity of skilled professional.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The standalone capnography equipment market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the standalone capnography equipment market in these regions.
IMPACT OF COVID-19 ON STANDALONE CAPNOGRAPHY EQUIPMENT MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. Due to worldwide lockdown, business shutdown and restrictive measures been imposed, all the markets were affected. The COVID-19 has a positive impact on this market across the globe. Due to surge in demand of capnography devices, among other respiratory system-related products as these devices fall under the non-invasive remote monitoring devices category. During the treatment of COVID-19, they can be used to support patient monitoring. Hence, the market is likely to witness steady growth.
MARKET PLAYERS
The report covers key developments in the standalone capnography equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from standalone capnography equipment market are anticipated to have lucrative growth opportunities in the future with the rising demand for standalone capnography equipment in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the standalone capnography equipment market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Medtronic
- Nonin Medical
- Masimo
- Drager
- Nihon Kohden
- Smiths Medical
- Hill-Rom
- Mindray
- ZOLL Medical
- Philips Healthcare