Capnography Devices Market Summary
- The global Capnography Device Market was valued at USD 587 million in 2023.
- Capnography Device Market Size was growing at a CAGR of 7.27% during the forecast period from 2024 to 2030.
Capnography Device Market Insight and Trends
- The demand for capnography devices is primarily being boosted by the rising prevalence of respiratory disorders such as respiratory infections, chronic obstructive pulmonary disease (COPD), asthma, and lung cancer.
- North America is expected to account for the highest proportion of the Capnography Device Market in 2023, out of all regions. This is due to the presence of developed and sophisticated healthcare infrastructure, and the high prevalence of respiratory disorders such as respiratory infections, chronic obstructive pulmonary disease (COPD), asthma, and lung cancer in the region.
- In the technology segment of the Capnography Device market, the mainstream category is estimated to amass a significant revenue share in the Capnography Device Market in 2023.
Capnography Device Market Size and Forecast
- 2023 Market Size: USD 587 million
- Growth Rate (2025-2032): 5.45% CAGR
- Largest Market: North America
- Fastest Growing Market: Asia-Pacific
- Market Structure: Moderately Consolidated
Factors Affecting Capnography Device Market Growth
Rising Prevalence of Respiratory Disorders
Increasing global incidence of COPD, asthma, ARDS, and other respiratory conditions is significantly driving demand for continuous CO₂ monitoring across hospitals and emergency settings.
Growing Adoption in Emergency & Critical Care
Capnography has become a standard of care in emergency departments, ICUs, and during procedural sedation. Its reliability for rapid detection of ventilation issues boosts device utilization.
Expanding Use in Anesthesia Monitoring
With capnography being mandated in many countries for anesthesia monitoring, rising surgical volumes directly fuel market growth. Continuous end-tidal CO₂ monitoring is now integral to perioperative safety protocols.
Increasing Demand in Prehospital & EMS Settings
Wider deployment of capnography in ambulances and trauma care—especially for airway management, CPR, and sedation—supports strong adoption in emergency medical services.
Technological Advancements
Innovations such as handheld devices, microstream technology, plug-and-play sensors, improved waveform accuracy, and integration with multi-parameter monitors enhance clinical utility and market penetration.
Rising Emphasis on Patient Safety & Early Detection
Capnography enables early identification of hypoventilation, airway obstruction, and opioid-induced respiratory depression, aligning with global safety guidelines and driving utilization in high-risk settings.
Regulatory Support & Clinical Guidelines
Recommendations from bodies such as ASA, AHA, and ILCOR make capnography essential in anesthesia, CPR, and procedural sedation—creating consistent global demand.
Growing Use in Non-Hospital Settings
Expanding applications in home care, ambulatory surgical centers, and transport monitoring contribute to broader device uptake.
Increasing Healthcare Expenditure & Infrastructure Improvement
Better access to advanced monitoring systems in developing regions (APAC, Latin America, Middle East) supports market expansion.
Capnography Device Market By Technology (Side Stream, Main Stream, And Micro Stream), Capnography Device Market By Application (Respiratory Monitoring, Cardiac Care, Trauma And Emergency Care, And Other Applications), Capnography Device Market By End-User (Hospitals, Ambulatory Surgical Centers, And Other End-Users) and Capnography Device Market By geography is expected to grow at a steady CAGR forecast till 2030 owing to the rising prevalence of respiratory disorders and increasing number of surgical procedures across the globe.
The global Capnography Device Market was valued at USD 587 million in 2023, growing at a CAGR of 7.27% during the forecast period from 2024 to 2030. The demand for capnography devices is primarily being boosted by the rising prevalence of respiratory disorders such as respiratory infections, chronic obstructive pulmonary disease (COPD), asthma, and lung cancer. Additionally, the increasing number of surgical procedures across the globe is another factor that is contributing to the growth of the Capnography Devices market during the forecast period from 2024-2030.
Scope of the Capnography Device Market | |
|
Study Period |
2021 to 2030 |
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Base Year |
2023 |
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Forecast Period |
2024 to 2030 |
|
CAGR | 7.27% |
|
Capnography Device Market Size |
USD 587 million by 2023 |
|
Key Capnography Device Companies |
Koninklijke Philips N.V., Masimo, Medtronic, Nihon Kohden Corporation, Drägerwerk AG & Co. KGaA, Infinium Medical, Nonin, TreyMed, Inc., Contec, BD, MEDACX Ltd., Stryker, Hamilton Medical, ICU Medical, Baxter, EDAN Instruments, Inc., GE Healthcare, Zoll Medical Corporation, Avante Health Solutions, and Criticare Technologies, Inc., and others. |
What are the latest Capnography Device Market Dynamics and Trends?
As per the study “Global, regional, and national prevalence of, and risk factors for, chronic obstructive pulmonary disease (COPD) in 2019: a systematic review and modeling analysis” published in “The Lancet Respiratory Medicine” in 2023 estimated that the prevalence of chronic obstructive pulmonary disease (COPD) was 10.3% in the year 2019, which accounted for around 391.9 million cases, globally. Additionally, the World Health Organization (WHO) 2023, stated that chronic obstructive pulmonary disease became the third leading cause of death as it led to 3.23 million deaths in the year 2019, across the globe. Further, as per the data provided by the World Health Organization 2022, it was estimated that there were around 2.21 million new cases of lung cancer in 2020, globally. Thus, the rising prevalence of respiratory disorders owing to various factors including increasing air pollution, tobacco smoking, and occupational risks, will create a need for the detection and management of respiratory disorders, thus resulting in the positive growth of the Capnography Device market.
Another key driver for the Capnography Device market is the various advantages provided by the Capnography devices over pulse oximeters. The capnography devices provide continuous monitoring of carbon dioxide in the exhaled breath, allowing early detection of respiratory disorders, on the other hand, a pulse oximeter which measures oxygen saturation in the blood, might not be able to detect certain respiratory disorders. Additionally, capnography devices help to assess patients breathing patterns and are capable of detecting airway obstruction. Thus, the various advantages and applications provided by the capnography devices will eventually boost the growth of the Capnography Device market.
However, the high cost associated with the capnography devices and the availability of inexpensive alternatives in the market, are some of the key constraints that may limit the growth of the Capnography Device market.
Capnography Device Market Segmentation
Capnography Device Market by Technology
- Side Stream
- Main Stream
- Micro Stream
Capnography Device Market By Application
- Respiratory Monitoring
- Cardiac Care
- Trauma
- Emergency Care, and Other Applications
Capnography Device Market By End-User
- Hospitals
- Ambulatory Surgical Centers, and Others
Capnography Device Market By Geography
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North America Capnography Device Market
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United States Capnography Device Market
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Canada Capnography Device Market
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Mexico Capnography Device Market
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Europe Capnography Device Market
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United Kingdom Capnography Device Market
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Germany Capnography Device Market
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France Capnography Device Market
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Italy Capnography Device Market
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Spain Capnography Device Market
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Rest of Europe
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Asia-Pacific Capnography Device Market
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China Capnography Device Market
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Japan Capnography Device Market
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India Capnography Device Market
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Australia Capnography Device Market
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South Korea Capnography Device Market
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Rest of Asia-Pacific
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Rest of the World
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South America Capnography Device Market
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Middle East Capnography Device Market
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Africa Capnography Device Market
Capnography Device Market Segment Analysis
Capnography Device Market by Technology (Side Stream, Main Stream, and Micro Stream), Capnography Device Market By Application (Respiratory Monitoring, Cardiac Care, Trauma and Emergency Care, and Other Applications), Capnography Device Market By End-User (Hospitals, Ambulatory Surgical Centers, and Others), and Capnography Device Market By Geography (North America, Europe, Asia-Pacific, and Rest of the World)
In the technology segment of the Capnography Device market, the mainstream category is estimated to amass a significant revenue share in the Capnography Device Market in 2023. This can be attributed to the various advantages provided by Main Steam capnography devices. Mainstream capnography devices provide real-time feedback on the changes in CO2 levels during the respiratory cycle. Additionally, the device offer accurate readings even in dynamic conditions such as varying respiratory rates and tidal volumes, thus providing a reliable assessment of the patient’s respiratory status. Therefore, other various advantages provided by the mainstream category such as ease of use, accuracy, and shorter response time are some of the other key factors contributing to the Capnography Device market growth of the segment.
Furthermore, as the demand for this segment grows, various novel products are getting regulatory approval from various regulatory organizations across the world. For example, in April 2021, the US FDA provided FDA 510(k) clearance to Radius PCGTM, a portable real-time capnograph with wireless Bluetooth® connectivity.
Therefore, owing to the above-mentioned factors, the mainstream category is expected to register significant growth, thereby driving the growth of the overall Capnography Device market during the forecast period.
Capnography Device Regional Analysis
North America is expected to dominate the overall Capnography Device Market
North America is expected to account for the highest proportion of the Capnography Device Market in 2023, out of all regions. This is due to the presence of developed and sophisticated healthcare infrastructure, and the high prevalence of respiratory disorders such as respiratory infections, chronic obstructive pulmonary disease (COPD), asthma, and lung cancer in the region. Additionally, rising technological advancements, presence of major Capnography Device companies in the region, and a highly viable market in terms of product development, and launches are some of the factors driving the growth of the Capnography Device Market in North America.
According to the data provided by the American Society of Cancer 2023, it was estimated that there were around 2,38,340 new cases of lung cancer in the United States in 2023. Additionally, according to the data provided by the Centers for Disease Control and Prevention 2021, it was estimated that around 25 million people in the United States were suffering from asthma in the year 2021. Thus, the rising prevalence of various respiratory diseases such as Chronic Obstructive Pulmonary Disease (COPD), Asthma, and Lung Cancer will create a need for the detection and management of respiratory disorders, thus resulting in the positive growth of the Capnography Device Market in the United States, which will eventually propel the Capnography Device market in North America.
Additionally, the presence of key Capnography Devices companies in the region including GE Healthcare, Masimo, Nonin, and Stryker is another contributing factor responsible for the growth of the Capnography Device market in North America.
Further, various key Capnography Devices product launches and product approvals in the region are other factors that are influencing the positive growth of the Capnography Devices market in North America. For Example, in Septembe 2020, Capsule Technologies received FDA 510(k) clearance approval from the USFDA for its capnography monitoring solution Vitals Plus with the Masimo NomoLine ISA CO2 Module.
Therefore, the factors mentioned above, and the presence of key Capnography Devices companies with increasing product launches and product approvals in the region are some of the important factors which are responsible for driving the overall Capnography Devices market in North America during the forecast period.
Who are the major players in Capnography Devices?
The following are the leading companies in Capnography Devices. These companies collectively hold the largest Capnography Devices market share and dictate industry trends.
Capnography Devices Companies
Some of the key Capnography Device companies operating in the Capnography Device market include Koninklijke Philips N.V., Masimo, Medtronic, Nihon Kohden Corporation, Drägerwerk AG & Co. KGaA, Infinium Medical, Nonin, TreyMed, Inc., Contec, BD, MEDACX Ltd., Stryker, Hamilton Medical, ICU Medical, Baxter, EDAN Instruments, Inc., GE Healthcare, Zoll Medical Corporation, Avante Health Solutions, and Criticare Technologies, Inc., and others.
Capnography Devices Market Recent Industry Trends and Milestones (2022-2025) | |
|---|---|
| Category | Recent industry trends & milestones (2022–2025) |
| Product Launches | Growing release of portable/point-of-care capnography modules and integrated monitoring platforms — vendors focused on small, modular monitors and disposable sampling lines for OR, ICU and transport use. Market reports highlight increased focus on compact/POC product lines. |
| Regulatory Approvals | Notable 510(k)/CE activity for integrated monitoring platforms and ventilators with capnography capabilities (example: integration of Microstream capnography into major monitoring platforms and ventilator clearances reported in 2022-2023). Regulatory clearances have accelerated adoption in hospitals. |
| Partnerships | Strategic integrations and co-development deals between monitoring/ventilator makers and capnography technology providers (platform integrations to combine oximetry + capnography); partnerships aim to deliver unified perioperative & critical-care monitoring suites. |
| Acquisitions | Ongoing consolidation among med-tech players and adjacent critical-care device firms — M&A activity (and portfolio shifts) are reshaping vendor lists and distribution channels, with industry reports flagging consolidation as a market force. (Industry player lists reflect prior buyouts and portfolio realignments). |
| Company Strategy | Top vendors prioritizing: (1) expansion of portable/point-of-care product lines, (2) hospital/inpatient to home-care transitions, (3) software + analytics for respiratory trend detection, and (4) bundling capnography into broader patient-monitoring platforms to drive stickiness. |
| Emerging Technology | Rapid R&D on IoT/wearable capnography, sensor miniaturization, remote/tele-capnography and AI/analytics for early respiratory compromise detection — academic surveys and market analyses (2022–2024) highlight wearables, connectivity and cloud analytics as next growth levers. |
Recent Developmental Activities in the Capnography Device Market:
- In June 2022, GE Healthcare and Medtronic entered into a partnership to integrate microstream capnography (CO2) and INVOS regional Oximetry technology to deliver advanced patient monitoring.
- In January 2022, ICU Medical Inc. acquired Smiths Medical. The main objective of the acquisition is to expand ICU Medical’s product portfolio.
Key Takeaways from the Capnography Device Market Report Study
- Capnography Device Market size analysis for current Capnography Device Market size (2023), and market forecast for 5 years (2024-2030)
- Top key Capnography product/technology developments, mergers, acquisitions, partnerships, and joint ventures happened for the last 3 years
- Key Capnography Device companies dominating the global Capnography Device market.
- Various opportunities available for the other competitors in the Capnography Device Market space.
- What are the top-performing segments in 2023? How these segments will perform in 2030?
- Which are the top-performing regions and countries in the current Capnography Device market scenario?
- Which are the regions and countries where companies should have concentrated on opportunities for Capnography Device market growth in the coming future?
Target Audience who can be benefited from this Capnography Device Market Report Study
- Capnography Device product providers
- Research organizations and consulting companies
- Capnography Devices-related organizations, associations, forums, and other alliances
- Government and corporate offices
- Start-up companies, venture capitalists, and private equity firms
- Distributors and Traders dealing in Capnography Device
- Various End-users who want to know more about the Capnography Device Market and the latest technological developments in the Capnography Device Market.
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