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How has the capnography devices market grown in recent years?

The capnography devices market has grown rapidly in recent years. It will grow from $0.74 billion in 2024 to $0.83 billion in 2025, at a compound annual growth rate (CAGR) of 12.3%. This growth can be attributed to the rising incidence of respiratory diseases, technological advancements, improved patient monitoring, regulatory support, and the aging population.

How is the capnography devices market size expected to evolve during the forecast period?

The capnography devices market is expected to grow to $1.31 billion by 2029 at a CAGR of 12.0%. The growth is driven by more surgical procedures, rising awareness and training programs, regulatory support, and expanding applications. Trends include higher healthcare expenditure, an increased focus on patient safety, expanding home healthcare applications, and increasing use in intensive care units (ICUs).

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Which key drivers are propelling the capnography devices market’s growth?

The rising prevalence of respiratory diseases is expected to drive the capnography devices market. Respiratory diseases, such as asthma and COPD, are increasing due to factors like air pollution, smoking, and aging populations. Capnography devices help monitor respiratory conditions in real-time, aiding in treatment. In June 2024, it was reported that 34% of Australians had chronic respiratory conditions, including 11% with asthma. This growing prevalence of respiratory diseases is boosting the demand for capnography devices.

What are the market segments in the capnography devices industry?

The capnography devices market covered in this report is segmented –

1) By Component: Original Equipment Manufacturer (OEM) Modules, Other Components

2) By Product: Hand-held, Stand-alone, Multi-parameter

3) By Technology: Mainstream, Sidestream, Microstream

4) By Application: Emergency Medicine, Pain Management, Procedural Sedation, Critical Care, Other Applications

5) By End-use: Hospitals, Ambulatory Care, Other End-Uses

Subsegments:

1) By Original Equipment Manufacturer (OEM) Modules: Sensors, Actuators, Microcontrollers, Power Modules

2) By Other Components: Connectors, Cables, Switches, Enclosures

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Which leading companies are shaping the growth of the capnography devices market?

Major companies operating in the capnography devices market are Medtronic PLC, Becton Dickinson and Company (BD), GE HealthCare Technologies Inc., Medline Industries Inc., Philips Healthcare, Mindray Medical International Limited, Dräger, Masimo Corporation, Nihon Kohden Corporation, Spacelabs Healthcare, Vyaire Medical, ZOLL Medical Corporation, Edan Instruments Inc., Weinmann Emergency Medical Technology GmbH + Co. KG, Salter Labs Inc., MGC Diagnostics Corporation, Criticare Systems Inc., Opto Circuits Limited, Diamedica Ltd., Infinium Medical Inc.

What key trends are currently impacting the capnography devices market’s development?

Companies in the capnography devices market are focusing on advanced pilot studies to assess the effectiveness of devices in clinical settings. Pilot studies evaluate the feasibility and potential impact of these devices. In March 2024, TidalSense initiated a pilot study for its N-Tidal device, designed to diagnose asthma in young children. The device uses capnography technology to measure carbon dioxide levels, offering an alternative to challenging spirometry tests.

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Which geographic areas are influencing the growth of the capnography devices market?

North America was the largest region in the capnography devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the capnography devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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