Capnography is the checking the concentration or
partial pressure of the carbon dioxide in the respiratory gases during the
period of diagnosis of numerous respiratory diseases. It is frequently
demonstrated as a graph of expiratory CO2 designed against time, or,
less usually, but more practically, expired volume. In addition, it supports in
the early detection of hypoventilation or apnea, which is critical for the
patients following ambulatory processes. The provision of representing the
upgraded ventilation status of the device supports in delivering the real time
analysis of the condition thus helps in providing better care to the patients. Whereas,
the history of capnography devices have restrictions with portability and ease
to utilize. The development of smaller capnography devices has addressed few
issues and augmented the requirement for the technology. Furthermore, the key
players of this market are analyzing the various developments and adopt the
effective one for making the treatment more efficient at a reasonable price
which further leads the market growth more significantly during
the forecasted period.
According to the report analysis, ‘Global
Capnography Market 2018-2024’ it states that there are several key players which are presently
functioning in this market more effectively for accounting the handsome amount
of share or generating the high revenue by doing attractive developments in the
technology with the techniques of doing cure includes Dragerwerk AG & Co.
KGaA., Philips Healthcare, Hill Rom, Inc (Welch Allyn, Inc.), Nihon Kohden
Corporation, Smiths Medical, DiaMedica, Inc. Medtronic, Inc., Masimo, Nonin
Medical, Inc., and Becton Dickenson. Meanwhile, Masimo Corporation, Philips
Healthcare, Medtronic, Inc, Smith Medicals and Hill Rom, Inc (Welch Allyn) are
the players controlling the market. These players are assimilating strategies
to raise their market share by product introduction, expansion in their
geographical existence, merger & acquisitions and collaborative agreements.
Although, the
Global Capnography Market is expected to witness an effective CAGR of 19.2%
during the forecast period of 2018-2024. Whereas, with the huge investment by
the investors or existing key players the market is extend across the globe
which majorly includes North America, Europe, Asia Pacific, and Rest of the
World (ROW). However, the North America dominates for the largest share of the
capnography market, followed by Europe, Asia Pacific, and Rest of the World.
More than 40% of the market is led by North America, with the US being the
prominent contributor to the market growth. Not only has this recently, the
launch of micro stream capnographs have done with the numerous benefits as
compared to the traditional devices which further lead the market growth more
significantly in the short span of time.
Additionally,
on the basis of products, the market is sectored into Hospitals, ambulatory
surgical centers and others. The hospitals account the market in 2017 because
of the good reimbursement facilities and obtainability of skilled
professionals. Therefore, in the near future, it is expected that the market of
capnography will increase across the globe more significantly over the recent
few years.
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Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
