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The hospitals segment accounted for the largest share of the market in 2023.
The global capnography equipment market is projected to reach $458.8m by 2029 at a compound annual growth rate of 4.2%, according to MarketsandMarkets.
The sector’s expansion is attributed to the rising prevalence of respiratory diseases, technological developments, and supportive government initiatives.
“There is an ever-increasing demand for high-quality sensors in patients to ensure safety and aid in clinical decision-making, which also fuels growth,” the report said.
In addition, the rising volume of surgical procedures and the expanded use of capnography in emergency medical services further drive the market.
By end users, the hospitals segment accounted for the largest share of the market in 2023.
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