Friday, March 31st, 2023

Capnography Equipment Market to Reach US$ 823.6 Million by 2030

Capnography devices are medical devices used to measure the concentration of carbon dioxide (CO2) in respiratory gases. They are commonly used in operating rooms, critical care units, and emergency departments to monitor the depth and pattern of breathing and to diagnose respiratory conditions.

The global capnography devices market was valued at approximately $1.2 billion in 2020 and is expected to grow at a CAGR of over 7% from 2021 to 2028. The growth is attributed to the increasing prevalence of respiratory diseases, advancements in technology, and the growing awareness of patient safety.

The market is segmented into product types such as standalone capnography devices and integrated capnography devices. Standalone capnography devices are expected to hold the largest market share due to their widespread use and ease of operation. On the other hand, integrated capnography devices are expected to grow at a faster rate due to their increased functionality and improved patient outcomes.

Key features of the study:

▪️This report provides in-depth analysis of the Global Capnography Equipment market  and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2020–2027), considering 2019 as the base year

▪️It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

▪️This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategy adopted by key players

▪️It profiles key players in the Global Capnography Equipment market  based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans

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