Capnography Equipment MarketSize and Trends

The global capnography equipment market was valued US$ 360.8 Mn in 2024 and is expected to reach US$ 506 Mn by 2031 growing at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031.

Global Capnography Equipment Market Trends:

Increasing adoption of inorganic growth strategies such as collaboration: Increasing adoption of inorganic growth strategies such as collaboration is expected to drive the growth of the market over the forecast period. For instance, in January 2022, Imperial College London, a public research university in London, England, announced collaboration with the Universities of Cambridge and Surrey to support the rollout of portable monitors to U.K schools as part of project CO-TRACE, which is funded by the Engineering and Physical Sciences Research Council (EPSRC). The researchers behind the collaboration have produced materials to help teachers use the monitors, which have been rolled out to schools nationwide. The monitors rolled out to schools display levels of CO2 and color coding to indicate good, normal, or poor ventilation. Well-ventilated spaces should have CO2 levels consistently below 800 parts per million (ppm), with readings above 1500ppm indicating poor ventilation or overcrowding.
Research and Development: Increasing research and development activities by key players is expected to drive the growth of the market over the forecast period. For instance, in September 2021, RenJi Hospital, based in China, initiated a clinical trial titled “Capnographic Monitoring Decrease the Incidence of Hypoxia of the Elderly Patients Undergoing Gastrointestinal Endoscopy Procedure: a Randomized Multicenter Clinical Trial”. Hypoxia is the most common adverse event in gastrointestinal endoscopes sedated with propofol and sufentanil, especially in elderly people. The aim of this randomized study was to determine whether intervention based on additional capnographic monitoring reduces the incidence of hypoxia in gastrointestinal endoscopes procedures for elderly patients. The study is estimated to be completed in December 2023.
Growing adoption of capnography equipment in different therapeutic areas, including cardiology, trauma, and emergency care: The adoption of capnography equipment across various therapeutic areas is propelling the global capnography equipment market forward. Capnography, which involves the monitoring of carbon dioxide in exhaled breath, is increasingly being used in cardiology, trauma and emergency care. In cardiology, capnography aids in the assessment of cardiovascular function and perfusion. It allows clinicians to non-invasively detect any issues in gas exchange, circulation or ventilation quickly. This is helping cardiologists and emergency medical professionals optimize patient care and intervene faster in critical situations. The COVID-19 pandemic has further highlighted the benefits of capnography. With more acute respiratory cases requiring ventilator support, capnography proved indispensable in monitoring patient respiration and the efficacy of ventilation. It helped optimize ventilation settings to improve outcomes.
Rising demand for capnography equipment in ambulatory surgical center: The demand for capnography equipment in ambulatory surgical centers has been rising steadily over the past few years. Capnography is increasingly being used in ambulatory surgical centers as it provides continuous, non-invasive monitoring of end-tidal carbon dioxide levels during sedation and anesthesia. This helps anesthesiologists and clinicians quickly identify any issues with ventilation and respiration that could lead to adverse patient outcomes. More procedures are now being performed in ambulatory surgical centers rather than hospitals due to better convenience and lower costs.