Albany, NY -- (SBWIRE) -- 02/13/2015 -- The global capnography devices market has benefitted most from strict government regulations, which deal with the availability of these devices in critical care units, operation theatres, and intensive care units. Capnography devices are also widely used in procedures involved in patient recovery procedures, sedation, gastroscopy, resuscitation, neonatal resuscitation, post-operation settings, and treatment of asthma.

What are capnography devices?

Capnography devices refer to monitoring tools that are used to examine the concentration or partial pressure of carbon dioxide in expiratory gases. Capnography devices are most commonly used during close monitoring in an intensive care unit, diagnosis of respiratory diseases, and sedation procedures.

The highly effective and life-saving results produced by these devices have led to numerous standards and recommendations from national and international regulatory bodies for the compulsory inclusion of capnography devices in healthcare facilities. The rising prevalence of respiratory diseases across the globe is also propelling the demand for capnography devices.

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What warrants their essentiality?

The World Health Organization (WHO) states that there were approximately 235 million asthma patients across the globe in 2013. According to an article published on Nature Middle East – a Middle East website focusing on the Arab world's health issues and its understanding of science – by 2025 there could be more than 100 million patients of asthma in the world.

The constant fear of rise in respiratory diseases due to the depleting quality of natural air around the globe demands more sophisticated diagnosis and treatment methods. This has led to the rising demand for diagnostic tools such as capnography equipment. Besides, the cost of employing a capnography device (at least 30 patients served per week) may come down to as low as 20-30 pence per patient, making it easy for the market to penetrate in price-sensitive markets of the developing world.

Global capnography devices market: What does it comprise?

The global market for capnography equipment comprises broadly of two varieties of products: capnographs and disposables. The segment of capnographs consists of microstream capnographs, sidestream capnographs, and mainstream capnographs. Of these, the sidestream capnographs segment acquires a major share of the global demand owing to their ease of use, availability of hand-held and portable versions, and their capability of monitoring patients even in non-intubated conditions.

Application area-wise, the demand for capnography equipment is currently highest from hospitals. However, the end-user segment of ambulances is the fastest growing one and could lead to massive demand for capnography equipment in the near future.

Recommendations by healthcare bodies driving demand for capnography devices :

On the geographic front, the market for capnography devices has seen rapid proliferation in developed countries in Europe and North America, as is the case for many other medical innovations. The global capnography devices market has four regional segments: Europe, North America, Asia Pacific, and Rest of the World (RoW). Of these key regional markets, the North American capnography equipment market observed a surge in the use of these devices in 2013 due to high incidences of respiratory diseases. Mandates issued by the American Society of Anesthesiologists (ASA) that make the inclusion of capnography devices in healthcare facilities compulsory are also responsible for the significant surge in demands.

Strong recommendation about the importance of capnography devices in medical facilities made by the Intensive Care Society in the U.K., the European Resuscitation Council (ERC), and the Association of Anaesthetists of the Great Britain & Ireland (AAGBI) could help improve demands from the regional market in Europe in the near future.

Global capnography devices market: Strong competitive landscape :

Since the market is technologically driven, the global capnography equipment market features a heavy preference on research activities so as to develop innovative equipment to suit changing patient needs. Some of the key businesses operating in the market include Nonin Medical, Inc., Welch Allyn, Inc., Masimo Corporation, Covidien, plc., Dragerwerk AG, Nihon Kohden Corporation, Medtronic, Inc., Philips Healthcare, and Smiths Medical.

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