Capnography Devices Domain to Grow Owing to Increasing Respiratory Disease Prevalence

By -

Capnography devices have become indispensable in the healthcare sector, owing to the rise in geriatric population and number of respiratory disease incidents. The global capnography devices market was valued at $384.2 million in 2017 and is expected to attain a CAGR of 18.2% during the forecast period (2018–2025) because of rising government initiatives and technological advancements.
Monitoring devices used for the measurement of the carbon dioxide (CO2) concentration in exhaled air are known as capnography devices. This is why these are used extensively during intensive care and anesthesia procedures. The capnography devices market is segmented by product, component, technology, end-user, and application. The product segment comprises the stand-alone, hand-held, and multi-parameter categories. Hand-held capnographs were the largest category in 2017, with a revenue contribution of 62.2%. Owing to their greater flexibility, hand-held capnographs can be used in various patient care settings, an advantage that is leading to their growing popularity.
Request to Get the Sample Pages at:
On a global ground, North America emerged as the largest capnography devices market, accounting for 56.4% revenue contribution in 2017. The rising prevalence of respiratory conditions and growing aging population along with well-established healthcare facilities and the presence of leading market players manufacturing these devices have been instrumental in driving the North American market forward. The market is being driven by a number of factors.

With the integration of molecular spectroscopy and photo detectors in micro stream capnographs and the adoption of miniaturized mainstream multi-gas monitors, capnography devices have become more accurate and safer and can now collect a larger volume sample as compared to conventional equipment. Technological innovations have also helped in making capnography devices portable and automatic, thus widening their reach beyond hospital setups and into home settings to monitor severely compromised pulmonary patients.

Therefore, the market is slated to grow during the forecast period owing to the popularity of home monitoring of patients.
Read More….

Comments

Post a Comment

Popular posts from this blog

In-Vitro Fertilization (IVF) Devices and Consumables Sector to Experience Significant Growth

By -
Image
The rising prevalence of delayed pregnancy, growing awareness about in-vitro fertilization (IVF) treatment , and declining fertility rates are positively influencing the IVF devices and consumables sector. The World bank revealed that the fertility rate, from 4.7 in 1970, came down to 2.4 in 2015.  A major cause behind infertility is smoking, which reduces the chances of pregnancy by 50.0 percent. As per an Oxford Press journal, by 2025 about 7.7 million women will be diagnosed with infertility. Download Free Sample Copy of Report:  http://bit.ly/ivf-devices-and-consumables-market-b The IVF devices and consumables sector is witnessing growth due to the improving success rate of IVF procedures, which is a result of the improvements in technology. Advanced technologies help in monitoring embryos without having to remove them from incubators to select the best one for implantation, as for a single IVF procedure, many embryos are cultured. Another technique, pre-im...
Read more

How the Patient Handling Equipment Market Has Witnessed Substantial Growth in Coming Years?

By -
Image
A report by the United Nations Department of Economic and Social Affairs said that the global population of people in the 60 and above age group is rising rapidly. By the end of 2050, the global share of this age group is expected to grow to 21.1% from 11.7% in 2013. Additionally, the number of people in this age group is predicted to be around 324 million in India, 437 million in China, 58 million in Brazil, and 107 million in the U.S. by 2050. One of the major contributors of the growing elderly population is the increasing life expectancy rate.  Receive Sample Copy of this Report: https://www.psmarketresearch.com/market-analysis/patient-handling-equipment-market/report-sample Taking care of the bed-ridden patients or patients with restricted mobility can be taxing for caregivers. They have to perform many tasks, such as lifting, transferring them from one place to another, repositioning, bathing, and dressing a patient. Manual lifting of patients is one of the major risk factors...
Read more

How is Rising Burden of Chronic Diseases Driving Demand for Photoacoustic Imaging Systems?

By -
Image
The prevalence of chronic diseases has been rising considerably across the globe. For example, cancer is among the major causes of death globally, and was responsible for about 9.6 million deaths in 2019, according to the GLOBOCAN.  Receive Sample Copy of this Report: https://www.psmarketresearch.com/market-analysis/photoacoustic-imaging-market-revenue/report-sample This is leading to the growing demand for photoacoustic imaging in healthcare facilities. An emerging hybrid imaging technology, photoacoustic imaging utilizes short laser pulses for irradiating chromophores in tissue. This induces a localized thermo-elastic expansion which can be detected using wide-band ultrasonic transducers. The global photoacoustic imaging market is predicted to generate a revenue of $279.3 million by 2030, increasing from $39.8 million in 2019, progressing at a 20.3% CAGR during the forecast period (2020-2030), according to a P&S Intelligence study.  Make an Enquiry Before Purchase: http...
Read more