Growing Patient Monitoring Needs Drive Demand for Carbon Dioxide (CO2) Monitors, According to New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) May 30, 2014 -- Follow us on LinkedIn – Growing prevalence of breathing disorders and aging population are driving demand for devices that monitor a patient’s breathing function, including those that monitor CO2. CO2 monitoring in clinical applications has evolved at rapid pace over the years, from its use in confirming endotracheal tube placement to monitoring etCO2 in patients. While demand growth for the more conventional Transcutaneous Carbon Dioxide (tcpCO2) Monitors remains steady, End-Tidal Carbon Dioxide (EtCO2) Monitors, particularly Capnography, have been gathering tremendous interest among researchers, equipment developers, hospitals and regulatory agencies alike.
Capnography is presently considered a segment with rich opportunities, growing in tandem with evolving patient care needs. Capnography devices have been witnessing significant advancements at the technology, design and application levels. Expanding applications for Capnography monitors is helping drive growth in the market. Although majority of existing capnography applications are in the operating rooms for detecting and identifying the end-tidal CO2 levels, new and emerging applications including critical care units, labor and delivery rooms, emergency rooms, post-anesthesia care units, and intensive care units have further propelled the use of capnography equipment in recent times.
Technological advances over the years have helped spur wider adoption of capnography devices. Research efforts are presently underway to explore the simultaneous use of rSO2 and etCO2 for optimum monitoring of a patient’s oxygenation status. In response to soaring demand from diverse application fields, capnography device designs are progressively becoming smaller, smarter, and simpler. Continuous innovation has led to the emergence of portable, reliable and durable monitors built to withstand the rigors of carbon dioxide monitoring in prehospital and retrieval medicine With improved understanding of true etCO2 waveform levels, on-field use of capnography in gathering momentum.
As stated by the new market research report on Carbon Dioxide (CO2) Monitors, the United States represents the largest market worldwide. Several clinicians in the country are adopting capnography in respiratory care, emergency rooms, critical care, intermediate care, and sub-acute care units, driven by mounting research evidence that favors capnography in continuous respiratory monitoring over measurement of arterial oxygen saturation through pulse oximetry. Asia-Pacific ranks as the fastest growing market worldwide with a CAGR of 16% over the analysis period.
Major players covered in the report include Covidien plc, Dräger Medical GmbH, Invivo Corporation, Masimo Corporation, Nihon Kohden Corporation, Nonin Medical Inc., OSI Systems Inc., Philips Healthcare, Physio-Control Inc., Radiometer Medical ApS, Smiths Medical and Welch Allyn Inc. among others.
The research report titled "Carbon Dioxide (CO2) Monitors: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, and strategic industry activities of major companies worldwide. The report provides market estimates and projections in US dollars for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (Australia, China, India and Rest of Asia Pacific), Latin America (Brazil and Rest of Latin America) and Rest of World. The report also analyzes the global market for Carbon Dioxide (CO2) Monitors by product segments - End-Tidal Carbon Dioxide (EtCO2) Monitors, and Transcutaneous Carbon Dioxide (tcpCO2) Monitors.
For more details about this comprehensive market research report, please visit –http://www.strategyr.com/Carbon_Dioxide_CO2_Monitors_Market_Report.asp.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/
###
Raghu Gopal, Global Industry Analysts Inc, +1 408-528-9966, [email protected]
Share this article