Capnography Market – Global Forecasts upto 2024
- June, 2018
- Domain: Healthcare - Medical Devices
- Get Free 10% Customization in this Report
[93 Report Pages] This market research report identifies Dragerwerk AG & Co. KGaA., Philips Healthcare, Hill Rom, Inc., (Welch Allyn, Inc.), Nihon Kohden Corporation, Smiths Medical, Dia Medica, Inc., Medtronic, Inc., Masimo, Nonin Medical, Inc., and Becton Dickenson and Company (CareFusion Corporation) as the key vendors operating in the global capnography devices market. This report also provides a detailed analysis of the market by product type (Devices and Disposables), end-users (Hospitals, ASC, and Others), and region (North America, Europe, Asia Pacific, and Rest of the World).
Overview of the Capnography Devices Market
Infoholic’s market research report predicts that the global capnography devices market will grow at a CAGR of 19.2% during the forecast period 2018–2024. One of the major drivers of the capnography devices market is the increase in the respiratory diseases is necessitating the development of respiratory monitoring device. The limitations of the usage of pulse oximetry to obtain the accurate status of the respiratory condition of the individual is also fueling the market. The provision of showing the current ventilation status of the device helps in providing real-time analysis of the condition, thus helps in providing better care to the patients. However, the presence of alternative respiratory monitoring devices such as gas analyzers and pulse oximetry are posing a threat to the market.
The traditional capnography devices have restrictions with portability and ease to use. The development of smaller capnography devices has addressed these issues and increased the demand for the technology. The recently launched microstream capnographs have numerous benefits when compared to the traditional devices.
According to the capnography devices market analysis, in 2017, North America accounts for the largest share of the capnography devices market, followed by Europe, Asia Pacific, and Rest of the World. More than 40% of the market is occupied by North America, with the US being the major contributor to the market growth.
Competitive Analysis and Key Vendors
Masimo Corporation, Philips Healthcare, Medtronic, Inc, Smith Medicals and Hill Rom, Inc (Welch Allyn) are the players dominating the market. These players are integrating strategies to increase their market share by product launches, expansion in the geographical presence, merger & acquisitions and collaborative agreements. In June 2017, Medtronic started an international study to assess the risk of on opioid induced respiratory depression (OIRD), a preventable form of respiratory condition. The company claims that this is the first study to evaluate the clinical and economic aids resulting from the use of pulse oximetry and capnography. This helps the respiratory specialists in understanding the real incidents of respiratory compromise and other unmet needs.
Some of the Capnography market key vendors are:
- Dragerwerk AG & Co. KGaA
- Philips Healthcare
- Hill Rom, Inc (Welch Allyn, Inc.)
- Nihon Kohden Corporation
- Smiths Medical
- Dia Medica, Inc.
- Medtronic, Inc.
- Nonin Medical, Inc.
- Becton Dickenson and Company (CareFusion Corporation)
Capnography Market by Product
The disposables market is fastest growing as each disposable last for an average of only two days. However, reusable disposable is being used in many hospitals and other clinics, but the risk of infection remains high. According to the CDC annually around 1.7 million people are getting infected by using these reusable consumables in the US, out of which approximately 99,000 lose their lives.
Capnography Market by End-Users
- Ambulatory Surgical Centers (ASCs)
In 2017, the hospitals dominated the market due to the good reimbursement facilities and availability of skilled professionals.
The report provides detailed information about the usage and adoption of capnography devices in various regions. With that, key stakeholders can find out the major trends, drivers, investments, and vertical player’s initiatives toward the product adoption in the upcoming years, along with the details of commercial products available in the market. Moreover, the report provides details about the major challenges that are going to have an impact on market growth. Additionally, the report gives complete details about the business opportunities to key stakeholders to expand their business and capture the revenue in the specific verticals. The report will help companies interested or established in this market to analyze the various aspects of this domain before investing or expanding their business in the global capnography devices market.
Capnography Market Stakeholders:
1 Industry Outlook
1.1 Industry Overview
1.2 Total Addressable Market
1.3 Industry Trends
1.4 PEST Analysis
2 Report Outline
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 Market Snapshot
3.1 Market Definition – Infoholic Research
3.2 Segmented Addressable Market
3.3 Industry Trends
3.4 Related Markets
188.8.131.52 Trends in the nebulizers market
3.4.2 Continuous Positive Airway Pressure (CPAP)
3.4.3 Respiratory Drugs
184.108.40.206 Trends in the Respiratory Drugs Market
3.4.4 Anti-snoring Devices
220.127.116.11 Trends in the Anti-snoring Devices Market
4 Market Outlook
4.3 Market Segmentation
4.4 Porter 5 (Five) Forces
5 Market Characteristics
5.1 Market Dynamics
18.104.22.168 Rising prevalence of respiratory diseases
22.214.171.124 Rising geriatric population
126.96.36.199 Regulatory guidelines endorsing the use of capnography technique
188.8.131.52 Shift toward the adoption of micro stream capnography
184.108.40.206 Drawbacks of pulse oximetry
220.127.116.11 Stringent regulations for approval and mandatory licensing for practitioners
18.104.22.168 Availability of substitutes
22.214.171.124 Drawbacks of capnography
5.2 DRO – Impact Analysis
5.3 Key Stakeholders
6 Products: Market Size and Analysis
6.2.1 Side Stream Capnography
6.2.2 Main Stream Capnography
6.2.3 Micro Stream Capnography
7 End-users: Market Size and Analysis
7.3 Ambulatory Surgical Centers
8 Regions: Market Size and Analysis
8.2 North America
8.4 Asia Pacific
8.5 Rest of the World
9 Competitive Landscape
10 Vendors Profile
10.1 Hill Rom Inc. (Welch Allyn)
10.1.2 Business Units
10.1.3 Geographic Revenue
10.1.4 Business Focus
10.1.5 SWOT Analysis
10.1.6 Business Strategies
10.2 Masimo Corp.
10.2.2 Geographic Revenue
10.2.3 Business Focus
10.2.4 SWOT Analysis
10.2.5 Business Strategies
10.3 Philips Healthcare
10.3.2 Business Units
10.3.3 Geographic Revenue
10.3.4 Business Focus
10.3.5 SWOT Analysis
10.3.6 Business Strategies
10.4 Medtronic Plc
10.4.2 Business Units
10.4.3 Geographic Presence
10.4.4 Business Focus
10.4.5 SWOT Analysis
10.4.6 Business Strategies
10.5 Smiths Group Plc
10.5.2 Business Units
10.5.3 Geographic Presence
10.5.4 Business Focus
10.5.5 SWOT Analysis
10.5.6 Business Strategies
11 Companies to Watch for
11.2 Becton Dickinson and Company
11.3 Nonin Medical, Inc.
11.4 Nihon Kohden Corp.
11.5 Braun and Company
TABLE 1 GLOBAL CAPNOGRAPHY DEVICES MARKET BY PRODUCTS, 2018–2024 ($MILLION) 32
TABLE 2 GLOBAL CAPNOGRAPHY MARKET BY REGIONAL SEGMENTATION, 2018-2024 ($MILLION) 43
TABLE 3 HILL-ROM HOLDINGS INC.: OFFERINGS 51
TABLE 4 HILL-ROM HOLDINGSINC: RECENT DEVELOPMENTS 51
TABLE 5 MASIMO CORP.: OFFERINGS 56
TABLE 6 MASIMO CORP.: RECENT DEVELOPMENTS 56
TABLE 7 PHILIPS HEALTHCARE: OFFERINGS 60
TABLE 8 PHILIPS HEALTHCARE: RECENT DEVELOPMENTS 61
TABLE 9 MEDTRONIC PLC: OFFERINGS 69
TABLE 10 MEDTRONIC PLC: RECENT DEVELOPMENTS 70
TABLE 11 SMITHS GROUP PLC: OFFERINGS 81
TABLE 12 SMITH GROUP PLC: RECENT DEVELOPMENTS 81
TABLE 13 DRÄGER MEDICAL GMBH: RECENT DEVELOPMENTS 86
TABLE 14 BECTON DICKINSON AND COMPANY.: RECENT DEVELOPMENTS 87
TABLE 15 ITAMAR MEDICAL LTD.: RECENT DEVELOPMENTS 88
TABLE 16 NIHON KOHDEN CORP.: RECENT DEVELOPMENTS 89
Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:
- Data Collation (Primary & Secondary)
- In-house Estimation (Based on proprietary data bases and Models)
- Market Triangulation
Market related information is congregated from both primary and secondary sources.
Involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.
Include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.