SEATTLE, August 02, 2021, (MEDGADGET) — Latin America Capnography Equipment Market Analysis

Overview

Capnography is the measurement of carbon dioxide concentrations or partial pressures in respiratory gases. It provides a visual representation of the patient’s ventilator state and detects pulmonary pathology. It is used in surgery and emergency care treatment. Patients with acute respiratory distress symptoms such as asthma, chronic obstructive pulmonary disease (COPD), bronchiolitis, and cardiac failure are monitored using capnography (32).

The Latin America capnography equipment market is projected to hit US$ 80.1 million in 2027, from a valuation of US$ 21.7 million in 2019.

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Drivers

Over the forecast period, the rising prevalence of asthma is expected to fuel the growth of the Latin America capnography equipment market. In Brazil, according to The Global Asthma Report 2018, the prevalence of asthma symptoms was 23% and the prevalence of an asthma medical diagnosis was 12%.

Furthermore, the rising prevalence of COPD is projected to boost growth of the Latin America capnography equipment market. According to the report “Chronic Obstructive Pulmonary Disease in Latin America,” reported in the journal Annals of Global Health in January 2019, the prevalence of COPD in Latin American cities varied between 6.2 and 19.6 percent in people aged 40 and older.

In terms of volume, side stream capnography held a 53.5 percent share of the Latin America capnography equipment market in 2018, led by mainstream capnography.

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Restraints

While capnography is more efficient than pulse oximetry in tracking various respiratory disorders, sedation procedures, and apnea, it comes at a high price, which is expected to slow the growth of the Latin America capnography equipment market. A handheld capnograph will cost between US$ 2,200 and US$ 4,000, while a handheld pulse oximeter will cost around US$ 315.

Furthermore, the use of a capnograph may result in increased dead space and the need for patients to be intubated, which is expected to slow the market growth.

Opportunities

The rising number of plastic surgeries is projected to provide lucrative growth opportunities for capnography manufacturing companies in Latin America. As per the International Society of Aesthetic Plastic Surgeons (ISAPS), Brazil has the world’s second-highest number of cosmetic procedures.

Furthermore, increased medical tourism in Latin American countries is projected to fuel the growth of the Latin American capnography equipment market. Mexico is one of the top 10 medical tourism destinations, according to a survey released in January 2019 in the American Journal of Medicine titled “Medical Tourists: Incoming and Outgoing.”

The Latin America capnography equipment market’s side stream capnography sub-segment product class segment was worth US$ 4.7 million in 2018 and is estimated to develop at a CAGR of 17.0 percent to US$ 19.5 million by 2027.

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Market Trends

To diversify their product line, major industry players are focusing on releasing portable real-time capnography products. The Masimo Radius capnography method provides cable-free capnography as well as automatic documentation.

Capnography instruments have been increasingly used in regional oximetry for neonatal and child patients in recent years. Near-infrared spectroscopy (NIRS) is used in regional oximetry to monitor the regional hemoglobin oxygen saturation in the blood (rSO2).

Competitive Landscape

Key companies contributing in the Latin America capnography equipment market are Nihon Kohden Corporation, Medtronic, Inc., Masimo Corporation, Drägerwerk AG & Co. KGaA, Welch Allyn, Inc., Smiths Medical, Philips Healthcare, and Nonin Medical, Inc.

Key Developments

To broaden their product range, key industry players are focusing on product acceptance and launch. Masimo Corporation’s Radius Capnography, a portable real-time capnograph with wireless Bluetooth communication, earned CE marking in October 2019.

Clinical trials are now being conducted by major market players in order to broaden their product range. Medtronic plc revealed preliminary findings from PRODIGY, a multi-center analysis using Microstream (TM) Capnography to recognize people at high risk for opioid-induced respiratory depression (OIRD), a form of respiratory compromise, in February 2019.

Table of Contents

1. Research Objective and Assumption
   • Research Objectives
   • Assumptions
   • Abbreviations
2. Market Purview
   • Report Description
     • Market Definition and Scope
   • Executive Summary
     • Market Snippet, By Product
     • Market Snippet, By Application
     • Market Snippet, By End User
   • Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     • Drivers
     • Restraints
     • Market Opportunities
   • Impact Analysis
   • Key Developments
   • Technological Advancement
   • Regulatory Scenario
4. Latin America Capnography Equipment Market, By Product Type, 2017 – 2027 (US$ Mn)
   • Introduction
     • Market Share Analysis, 2019 and 2027 (%)
     • Y-o-Y Growth Analysis, 2019–2027
     • Segment Trends
   • Capnographs
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
     • Segment Trends
       • Mainstream Capnographs
       • Sidestream Capnographs
       • Microstream Capnographs
     • Disposables
       • Introduction
       • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
       • Segment Trends
5. Latin America Capnography Equipment Market, By Application, 2017 – 2027 (US$ Mn)
   • Introduction
     • Market Share Analysis, 2019 and 2027 (%)
     • Y-o-Y Growth Analysis, 2019–2027
     • Segment Trends
   • Procedural Sedation
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
   • Anesthetics
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
   • Diagnosis & Monitoring of Patients
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
   • Others
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
6. Latin America Capnography Equipment Market, By End User, 2017 – 2027 (US$ Mn)
   • Introduction
     • Market Share Analysis, 2019 and 2027 (%)
     • Y-o-Y Growth Analysis, 2019–2027
     • Segment Trends
   • Hospitals
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
   • Operating Room
     • ICUs
     • Emergency Rooms
     • Post-anesthesia care unit
     • General care floor
   • Ambulatory Surgical Centers
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
   • Others
     • Introduction
     • Market Size and Forecast, and Y-o-Y Growth, 2019 – 2027, (US$ Mn)
7. Latin America Capnography Equipment Market, By Country, 2017 – 2027 (US$ Mn)
   • Introduction
     • Market Share Analysis, 2019 and 2027 (%)
     • Y-o-Y Growth Analysis, 2019–2027
     • Segment Trends
       • Brazil
       • Mexico
       • Argentina
       • Rest of Latin America
8. Competitive Landscape
   • Company Profiles
9. Section
   • References
   • Research Methodology
   • About us and Sales Contact

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