Capnography Devices Market in emerging economies is expected to augment on account of recommendations by global and government healthcare organizations
North America dominates the global capnography devices market due to rampant development of advanced products in the region. Latin America capnography devices industry is experiencing a significant growth majorly due to the recommendations to use capnography in routine hospital settings by esteemed organizations and government bodies.
The World Health Organization (WHO) published a report on safe surgery in 2009 that recommended the use of capnography monitoring devices during endotracheal tube placement, hypoventilation and esophageal intubation for better possible outcomes in patients. The Uruguayan Society of Anesthesiologists and the American Society of Anesthesiologists also recommends the usage of capnography monitoring in routine-use during procedural sedation and anesthetics. These guidelines by the organizations substantiate the importance of capnography equipment in hospital use.
Product innovation by market players contributing towards capnography devices market growth
Key players in capnography devices market include Dragerwerk AG & Co. KGaA., Welch Allyn, Inc., Smiths Medical, Medtronic, Inc., Philips Healthcare, Masimo, Nonin Medical, Inc., Nihon Kohden Corporation, CareFusion Corporation and Dia Medica, Inc. Medtronic recently introduced a global study on opioid induced respiratory depression (OIRD), a preventable form of respiratory condition in 2017.
It also claims that it is the first study to use capnography in patients undergoing opioid medication. Also Masimo announces the release of Early Warning Score (EWS) on the root patient monitoring and connectivity hub by launch of NomoLine. These strategies aims to help physicians to understand the true incidence of respiratory compromise and relate issues that has been ignored otherwise.
Ask For Sample Copy Of This Business Research Report : https://www.coherentmarketinsights.com/insight/request-sample/433
Recent advancements in technology of medical monitoring has enhanced the development of the capnography devices market. Recurring revenue generated from disposables will be a key driver for capnography devices market growth, as users have to buy disposables frequently to use them along with capnographs to analyze CO2. A disposable only lasts for one or two days on an average. On the other hand, reusable consumables carry contamination risks also.
The Centers for Disease Control and Prevention (CDC) stated that approximately 1.7 million individuals in the U.S. get infected on the use of reusable consumables every year, of which about 99,000 individuals die. This resulted the rise in preference for disposable consumables over reusable consumables.