Global Capnography Market 2016-2020
Capnography is the monitoring of partial pressure or concentration of carbon dioxide (CO2) in respiratory gases, and is an integral part of anesthesia and respiratory critical care. Capnography provides information about the CO2 production, alveolar ventilation, and elimination of CO2 from anesthesia circuits and also shows respiratory patterns on a monitor. This is a quick and reliable method to detect acute or life-threatening conditions such as ventilator failure, malposition of tracheal tubes, defective breathing circuits, and circulatory failure in both intubated and non-intubated individuals.
Technavio’s analysts forecast the global capnography market to grow at a CAGR of 16.36% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global capnography market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of capnography systems to hospitals, surgical centers, and home healthcare.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Capnography Market 2016-2020
Technavio recognizes the following companies as the key players in the global capnography market: Masimo, Medtronic, Philips Healthcare, Smiths Medical, and Welch Allyn.
Other Prominent Vendors in the market are: ATHENA GTX, Braun & Company, COMDEK, DIXTAL Biomedica Industria E Comercio, Drägerwerk Medical, Hologic, Hospira, MEDACX, Mediana, Medilogix, Mennen Medical, Mindray, Nihon Kohden, Oridion Systems, OSI Systems, Physio-Control, Spacelabs Healthcare, Triton Electronics, Viamed, Weinmann Gerate fur Medizin, and Zoll.
Commenting on the report, an analyst from Technavio’s team said: “Improvisation of capnography through breakthrough technological platforms will be a key trend for market growth. The advances in technology in the medical monitoring device market has enhanced the growth and development of the capnography market. Earlier, the bigger size of capnography made it more challenging for end-users to mount the pump and the valve onto the printed circuit board (PCB), especially when the device needed multiple valves. In addition, these earlier devices have limitations in power, weight, size, and ease of integration. Therefore, the market has witnessed the emergence of smaller capnographs to facilitate portability and device performance.”
According to the report, recurring revenue from disposables will be a key driver for market growth. Capnography disposables generate recurring revenue as users need to buy disposables frequently to use them along with capnographs to analyze CO₂ levels. A disposable last for one or two days on an average. Also, reusable consumables pose contamination risks, which results in HAIs. The CDC estimated that approximately 1.7 million in the US have these infections every year, of which about 99,000 individuals die. This has driven the demand for disposable consumables, where medical personnel prefer disposable consumables to reusable consumables. Few examples of disposables include Capnoxygen mask (Mercury Medical), Filter line etCO2 sampling lines (Medtronic), Evac endotracheal tube (Mallinckrodt), and Capnocheck Hand-held Carbon Dioxide Detector (Smiths Medical).
Further, the report states that the presence of alternatives for certain applications of respiratory monitoring poses a challenge for the market. By using capnography, clinicians can measure respiratory rate. However, this technique can be unreliable for non-intubated individuals as it is essential to monitor parameters other than respiratory rate of these individuals. Non-invasive respiratory volume monitors (RVM) offer a better assessment of ventilator status than capnography, because it continuously measures minute ventilation, tidal volume, and respiratory rate.
Masimo, Medtronic, Philips Healthcare, Smiths Medical, Welch Allyn, ATHENA GTX, Braun & Company, COMDEK, DIXTAL Biomedica Industria E Comercio, Drägerwerk Medical, Hologic, Hospira, MEDACX, Mediana, Medilogix, Mennen Medical, Mindray, Nihon Kohden, Oridion Systems, OSI Systems, Physio-Control, Spacelabs Healthcare, Triton Electronics, Viamed, Weinmann Gerate fur Medizin, Zoll.
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