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The capnography devices market has grown rapidly in recent years, with its size increasing from $0.66 billion in 2023 to $0.74 billion in 2024, reflecting a compound annual growth rate (CAGR) of 12.0%. This growth is attributed to increasing incidence of respiratory diseases, technological advancements, enhanced patient monitoring, supportive regulatory guidelines, and an aging population. The market is expected to continue its rapid growth, reaching $1.17 billion in 2028 at a CAGR of 12.1%. This forecasted growth is driven by increasing surgical procedures, growing awareness and training programs, supportive regulatory guidelines, and expanding applications. Key trends for the forecast period include rising healthcare expenditure, a growing focus on patient safety, increasing awareness and training programs, expansion into home healthcare, and greater use in intensive care units (ICUs).

The rising prevalence of respiratory diseases is expected to accelerate the growth of the capnography devices market. Respiratory diseases, which include asthma, chronic obstructive pulmonary disease (COPD), pneumonia, and lung cancer, affect the respiratory system and are increasingly common due to air pollution, smoking, and aging populations. Capnography devices are crucial for monitoring and assessing patients’ ventilation status and detecting abnormalities. For example, in February 2024, the Canadian Institutes of Health Research reported that respiratory illnesses accounted for 32% of hospitalizations among Canadians aged 0 to 4 in 2022–2023, with significant increases in hospitalizations for conditions like asthma, pneumonia, and lower respiratory infections. This rising prevalence of respiratory diseases is driving the growth of the capnography devices market.

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What Are The Key Trends That Influence Capnography Devices Market Share Analysis?
Major companies operating in the capnography devices market are increasing their focus on developing advanced pilot studies to gain a competitive edge in the market. Pilot studies are preliminary research investigations conducted to evaluate the feasibility, effectiveness, and potential impact of these devices in clinical settings. For instance, in March 2024, TidalSense, a UK-based respiratory device company, initiated a pilot study to assess its innovative N-Tidal device for diagnosing asthma in young children. The study, conducted in partnership with the University of Nottingham and Nottingham University Hospitals NHS Trust, will involve 75 children under the age of five who are experiencing asthma and viral wheezing. The N-Tidal device uses capnography technology to measure carbon dioxide levels during normal breathing, eliminating the need for challenging spirometry tests often used in pediatric populations. These traditional tests can be difficult for young children, potentially leading to inaccurate diagnoses and prolonged hospital stays.

How Is The Global Capnography Devices Market 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

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The Capnography Devices Global Market Report 2024 provides an overview of the capnography devices market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The capnography devices market forecast analyzes capnography devices market size, capnography devices market share, leading competitor and their market positions.

The Table Of Content For The Capnography Devices Market Include:
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