According to estimates, the global Capnography Equipment Market will be worth US$ 823.6 Mn by the end of 2027.

Capnography is a technique for measuring the concentration or partial pressure of CO2 in exhaled gases. Capnography is mostly utilized as a monitoring tool during anesthesia and diagnostic procedures.

Drivers of the Global Capnography Equipment Market

Over the forecast period, rising asthma prevalence is expected to drive growth in the worldwide Capnography Equipment Market. According to The Global Asthma Report 2018, about 300 million people worldwide suffer from asthma, with the figure anticipated to rise to 100 million by 2025.

Furthermore, the rising prevalence of the chronic obstructive pulmonary disease is likely to drive market growth. According to the Global Initiative for Chronic Obstructive Pulmonary Disease's 2018 estimate, the chronic obstructive pulmonary disease is expected to cause 4.5 million deaths worldwide.

Restraints in the Global Capnography Equipment Market

The use of a Capnography Equipment Market may result in more dead space and the necessity to intubate patients, which is projected to slow the worldwide capnography equipment market's growth.

Furthermore, capnography can result in rebreathing of exhaled CO2, which is predicted to stifle market expansion.

Opportunities in the Global Capnography Equipment Market

The introduction of Covid-19 is likely to provide lucrative growth prospects for Capnography Equipment Market manufacturers around the world. For example, as of 4:47 p.m. CEST on September 23, 2020, the World Health Organization has received reports of 31,425,029 confirmed cases of COVID-19, with 967,164 deaths.

R&D in Capnography Equipment Market is also predicted to provide significant growth possibilities for capnography equipment manufacturers around the world. Researchers from Emergency Care Management and the University of the Balearic Islands, for example, published a study in March 2019 that looked at the feasibility and reliability of using Capnography Equipment Market with face mask ventilation during CPR procedures in adults and children.