Latin America Capnography Equipment Market 2022
New Study Reports “Latin America Capnography Equipment Market 2022, Global Segmentation, Demand, Growth, Trend, Opportunity Forecasts 2027” has been Added on PMR.
Report Overview
The report published on the Latin America Capnography Equipment Market is a comprehensive analysis that includes the key parameters and indicators critical in understanding the market. The data from the years 2022 to 2030 has been used to present the market status and size. The study also covers the overall market valuation along with the CAGR for the forecast period. The introductory chapter presents an overview of the Latin America Capnography Equipment Market along with the product definition and market scope. The report also analyzes consumer trends regarding the products along with the industry development trends.
According to a new market report published by Persistence Market Research “Latin America Capnography Equipment Market: Brazil to Witness Highest Growth by 2027”, the capnography equipment market for Latin America was valued at USD 9.7 million in 2022 and is expected to expand at a CAGR of 17.5 % from 2022 to 2027, to reach USD 30.2 million by 2027.
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The capnography equipment market is growing rapidly in Latin America majorly due to the recommendations to use capnography in routine hospital settings by esteemed organizations and government bodies. The World Health Organization (WHO), in its 2009 report on safe surgery, recommended the use of capnography monitoring during endotracheal tube placement, hypoventilation, and esophageal intubation for better outcome. The Uruguayan Society of Anesthesiologists and the American Society of Anesthesiologists recommended capnography monitoring in routine-use during procedural sedation and anesthetics. These guidelines substantiate the importance of capnography equipment in hospital use. Moreover, high impact of the U.S. health care system on the health care market in Latin America is augmenting the capnography equipment market in this region.
Major players profiled in this report include:
- Drägerwerk AG & Co. KGaA.
- Massimo Corporation.
- Medtronic, Inc.
- Nihon Towards Corporation.
- Nonin Medical, Inc.
- Philips Healthcare.
- Smiths Medical.
- Welch Allyn, Inc.
- Other.
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Based on types of capnograph, the sidestream capnograph segment dominated the capnography equipment market in 2014, with a share of around 52.9%. Easy-to-use and capability to monitor the patient in non-intubated condition are the major factors that contributed to the high demand for sidestream capnograph. Additionally, presence of large number of players including local companies offering sidestream capnograph in their portfolio has increased the awareness and demand for sidestream capnograph in Latin America.
The microstream capnograph segment has been projected to witness high growth during the forecast period in Latin America as these are cost-effective and offer several advantages in all hospital settings. The device could also be used for monitoring both non-intubated patients and neonates. However, sidestream capnograph cannot be used to monitor neonatal patients and mainstream capnograph lack the capability to monitor non-intubated patients.
Based on countries, Brazil held the largest share of around 31.4% of the capnography equipment market in Latin America in 2014. High demand for plastic surgery, rising medical tourism for various types of dental surgeries, cosmetic surgeries and cardiac procedure, and large proportion of GDP expenditure on health care in Brazil are the major factors propelling the capnography equipment market in the region. Brazil is anticipated to be the fastest growing market for capnography equipment in Latin America during the forecast period.
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The capnography equipment market in Latin America has been segmented into the following:
LATAM Capnography Equipment Market, by Products
- Capnograph
- Mainstream Capnography
- Sidestream Capnography
- Microstream Capnography
- Disposables
LATAM Capnography Equipment Market, by End-users
- Hospitals
- Operating Room
- Intensive Care Units
- Emergency Rooms
- Post-anesthesia Care Unit
- General Care Floor
- Ambulatory
- Others
LATAM Capnography Equipment Market, by Applications
- Procedural Sedation
- Anesthetics
- Diagnosis and Monitoring of Patients
- Others
LATAM Capnography Equipment Market, by Countries
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
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