LATIN AMERICA CAPNOGRAPHY EQUIPMENT MARKET ANALYSIS

Market Challenges And Opportunities

Latin America Capnography Equipment Market- Driver

Rise in prevalence of chronic obstructive pulmonary disease (COPD) in Latin America

The increase in the number of cases of COPD in Latin America is expected to boost the growth of market over the forecast period. For instance, in July 2022, according to an article published in BMC Pulmonary Medicine, an open-access journal, cross-sectional observational and cohort studies were performed reporting the prevalence or incidence of COPD in different settings (general population, primary care centers, or hospitals) conducted in Latin America and the Caribbean since 2010. The prevalence of COPD in the general population in Latin America was found to be 8.9% from the year 2010 to the year 2020. The prevalence was higher in men.

Latin America Capnography Equipment Market: Restraint

High cost of the capnography equipment

The major factors that can hamper the growth of the Latin America Capnography Equipment Market include the high cost associated with the capnography equipment as compared to pulse oximeter, which is also used in monitoring various respiratory diseases. For Instance, a handheld capnograph costs between US$ 2,200 and US$ 4,000 whereas handheld pulse oximeter costs US$ 315.