Capnography Devices Market And its Growth prospect in the Near Future

1
Capnography Devices Market to Reach 1.5 Billion
by 2025
2
Capnography Devices Market
Global capnography devices market size is
expected to reach 1.5 billion by 2025, according
to PS Market Research.The market is mainly
driven by growing prevalence of respiratory
diseases, technological advancements, and rising
government initiatives. Based on component, the
capnography devices marked is categorized into
original equipment manufacturer (OEM) modules and
others. OEM modules held the largest share in
this market, accounting for 44.6 in 2017. The
largest share is attributed to its ability of
making etCO2 or CO2 monitoring simple and
accurate, even in the smallest and most portable
monitors. Explore Report with Detailed TOC at
https//www.psmarketresearch.com/market-analysis/c
apnography-devices-market
3
Capnography Devices Market
Capnography devices market is likely to witness
fastest growth in APAC
During the forecast period, the capnography
devices market is projected to witness fastest
growth in APAC, with a CAGR of 19.7. This is due
to increasing need for efficient respiratory
monitoring systems for treating respiratory
diseases, supported by growing awareness, rising
number of government initiatives, and increasing
incidents of preterm birth in the
region. Moreover, increase in geriatric
population, that is prone to various chronic
diseases contributes to higher adoption of
capnography devices in developing regions. Local
presence of manufacturers and well-established
distribution networks of major players in this
region also supports the market demand. Various
companies, including Schiller AG, and Medtronic
plc, are distributing their products through
distribution networks present in developing
countries, such as China and India.
4
Capnography Devices Market
Key market players seeking acquisitions and
partnerships to increase their market share
In order to increase market share, key players of
the capnography devices industry are seeking
partnerships and acquisitions to provide more
effective solutions. For instance, in February
2018, Medtronic plc and Lehigh Valley Health
Network (LVHN), an eight-hospital network in
Northeastern Pennsylvania, announced a five-year
strategic partnership with the aim to cover more
than 70 major medical conditions and reducing the
cost of care of 500,000 patients in Northeast
Pennsylvania by 100 million. One of the programs
aimed to reduce respiratory compromise related
adverse events by making use of Microstream
capnography technology.
5
Capnography Devices Market
Some of the other key players operating in the
capnography devices industry are Diamedica (UK)
Limited, Shenzhen Comen Medical Instruments Co.,
Ltd., Edan Instruments, Inc., Nonin Medical,
Inc., Drägerwerk AG Co. KGaA, Nihon Kohden
Corporation, Masimo Corporation, Smiths Group
plc, Hill-Rom Holdings, Inc., Koninklijke Philips
N.V. and Becton, Dickinson and Company.
6
Capnography Devices Market
Download report sample at
https//www.psmarketresearch.com/market-analysis/c
apnography-devices-market/report-sample
7
GET IN TOUCH
THANK YOU!
For information regarding permissions and other
queries Kindly write to
US/Canada Toll-Free 1-888-778-7886