Capnography Market To Witness Astonishing Growth With Key Players: Care Fusion Cooperation, Covidien Ltd, Diamedica Limited, Edan Instruments, Hill Rom Holding Inc, Koninklijke Philips N.V., And Bd
Global Capnography Market Research Report: Information by Type (Capnograph and Disposable), by Devices (Handheld and Others), by Application (Procedural Sedation, Critical Care, and Others), End-User (Hospitals, Clinics, and Others) – Forecast Till 2027
Global Capnography Market - Overview
The Global Capnography Market is showing the moderate growth; mainly due to increase in the population suffering with lung disease and heart disease. The Global Capnography Market is expected to grow during the forecast period from 2018 to 2027 at a CAGR of ~19.5%.
There is incidence reported where smoking causes the asthma. Increase in the consumption of cigarette globally, rising the patient suffering with lung disease. Smoking, environmental pollution, and rising cases of infections are the leading causes of lung cancer and asthma. Thus, the demand of Capnography devices is increasing rapidly in coming future.
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According to World Health Organization (WHO) tobacco kills more than 7 million people each year, of which more than 6 million deaths are the result of direct tobacco use. Lung cancer is the leader with a whopping 37% of deaths. The rising rates of smoking in females is an important driver and it has been witnessed that the rates of lung cancer and asthma in men have been falling with a concurrent huge increase in female lung cancers. Also, the rise of particulate matter and nitrogen pollution is propelling the rise of lung cancer and asthma.
Global Capnography Market - Regional Analysis
The Capnography Devices Market is much higher in Asia Pacific region, owing to smoking, environmental pollution, and infection. These are the factor which increases the occurrence of disease related to the lungs, thus, the demand for capnography devices enhance in this region. Most of the countries of this region have common lifestyle and economic conditions and focusing more to enhance the treatment option. Thus, more research and development programs are initiated for the development of new devices.
China is the most popular country in the world, with more than 1.3 billion people will lead the Asia Pacific market. The rising levels of risk factors such as an urbanization, air pollution and smoking in this region leads the number of lung cancer cases and fatalities in the world, with 700,000 Chinese people diagnosed with lung cancer in 2015. Thus, increase in the number of patient suffering with lung enhance the demand for better treatment and devices.
Government of developing countries within this region are willing to adopt advanced treatment option available in developed countries, which fuel the market of capnography. These advance devices will overcome the saturation that occurs during the last few years. Countries like India and China are more focused market for global market players owing to the huge patient population and growing purchasing power as compare to other countries in this region. Japan is well developed country and have advanced healthcare system and technology, whereas developing countries are still focusing on new technology for the treatment.
Global Capnography Market - Segments
Global Capnography Market has been segmented on the basis of types which comprises of mainstream capnographs, sidestream capnographs, microstream capnographs, and disposables. On the basis of end users, market is segmented into Hospitals, Surgical centers, Ambulatory and others.
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Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
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