TechNavio recognizes the following companies as the key players in the Global Capnography Market: Covidien plc, Philips Healthcare, Smiths Medical, and Welch Allyn Inc.
Commenting on the report, an analyst from TechNavio’s team said: “Advancements in capnography technology are allowing critical care providers to have a more accurate way of measuring CO2 in critical care patients. Although healthcare professionals have experienced major difficulties and limitations when using Mainstream and Sidestream capnography over the past few years, the latest Microstream capnography technology is expected to overcome those drawbacks. Microstream technology helps care providers monitor both intubated and non-intubated patients. Devices based on this technology can operate in extremely humid environments, in homecare, ambulatory services, and in hospitals. Microstream devices also offer improved moisture management to eliminate problems caused by blocked sample lines.”
According to the report, one of the major growth drivers is the tremendous advancements in technology being made in the form of innovations that have led to the development of new-generation capnography devices. For example, Oridion’s Microstream technology created a revolution in the Global Capnography market. Moreover, potential users in the APAC region are also expected to boost the market during the forecast period. These factors in combination with others are expected to drive the growth of the Global Capnography market during the forecast period.
Further, the report states that one of the major challenges is that most of the capnography devices are similar in nature. This lack of product differentiation has resulted in reduced profits for the vendors, which as a consequence has led them to launch new products with marginal benefits. Moreover, since the 2008-2009 recession, several reputed healthcare companies have reduced their focus on the innovation of capnography devices. Thus, reduced investment by these vendors in R&D after the economic downturn is hampering the growth of the Global Capnography market.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are CAS Medical Systems Inc., Diamedica Inc., Dragerwerk AG & Co. KGaA, GE Healthcare Ltd., Ivy Biomedical Systems Inc., Medtronic Inc., Nihon Kohden Corp., Nonin Medical Inc., OSI Systems Inc., Opto Circuits (India) Ltd., Triton Electronics Ltd., and Weinmann Gerate für Medizin GmbH + Co. KG.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-capnography-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Global Capnography Market 2012-2016
