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South America Capnography Equipment Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type, Technology, Application, and End User

South America Capnography Equipment Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type, Technology, Application, and End User

  • November 2022
  • 151 pages
  • ID: 6369039
  • Format: PDF
  • The Insight Partners

Summary

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The capnography equipment market in SAM is expected to grow from US$ 27.38 million in 2022 to US$ 40.91 million by 2028. It is estimated to grow at a CAGR of 6.9% from 2022 to 2028.

Clinical Benefits of Capnography Equipment over Pulse Oximetry Drive Growth of Capnography Equipment Market in SAM

Pulse oximetry is a technique used to measure the oxygen level/saturation of the blood.The oxygen level is detected with the use of infrared and red light to determine the extent of oxygenation of hemoglobin.

On the other hand, in capnography, CO2 absorbs infrared radiation, and thus, the procedure involves the passage of infrared radiation over a gas sample collected from exhalation.In many cases, oxygen levels in the blood can remain normal for several minutes after a patient stops breathing.

Therefore, pulse oximetry can provide false positive results of the presence of oxygen in the blood.As capnography detects the CO2 present in the body, the detection is more accurate than pulse oximetry.

The equipment can read every phase of the respiratory cycle, thereby providing more in-depth readings than those offered by pulse oximetry monitors. The ability of capnography machines to provide robust data sets makes it easier for healthcare providers to diagnose the root causes of respiratory problems. The capnograph wavelength displays the entire breathing cycle, making it easier to track exact symptoms. Capnography is used to understand how a patient is responding to treatment as they can display the ongoing data in real time. They can also be used to determine when a patient should be ventilated, in case of a patient progressing to respiratory failure. Pulse oximetry cannot detect respiratory conditions as they do not provide any data in real time. Thus, the advantages of capnography equipment over pulse oximetry are fueling the growth of the capnography equipment market in SAM.

Market Overview

The capnography equipment market in SAM is broadly segmented into Brazil, Argentina, and the Rest of SAM.The growth of the regional market is driven by the rising prevalence of respiratory diseases, growing advancements in the region’s healthcare system, increasing number of surgeries, and rising geriatric population.

By area and population, Brazil is the fifth largest country across the world.Brazil is experiencing the fastest demographic aging, which is expected to provide lucrative growth opportunities for the capnography equipment market in SAM during the forecast period.

According to the World Bank Data, the population aged above 65 increased from 20,389,282 in 2020 to 21,268,241 in 2021.The proportion of Brazilians over age 60 has risen from 5% in 1970 to 15% in 2018 and is projected to be above 25% by 2050.

By 2050, one out of every four Brazilians will be over 60. A rise in the geriatric population increases the number of surgeries. Thus, an increase in the geriatric population is expected to propel the capnography equipment market during the forecast period.

SAM Capnography Equipment Market Revenue and Forecast to 2028 (US$ Million)

SAM Capnography Equipment Market Segmentation

The SAM capnography equipment market is segmented into product type, technology, application, end user and country.Based on product type, the market is segmented into capnometer and capnography accessories & disposables.

The capnography accessories & disposables segment registered a larger market share in 2022.

Based on technology, the SAM capnography equipment market is segmented into mainstream capnography, sidestream capnography, and microstream capnography.The mainstream capnography segment registered the largest market share in 2022.

Based on application, the SAM capnography equipment market is segmented into cardiac care, trauma and emergency care, procedural sedation, respiratory monitoring, and others.The cardiac care segment registered the largest market share in 2022.

Based on end user, the SAM capnography equipment market is segmented into hospitals, ambulatory surgery center, home care settings, and others.The hospitals segment registered the largest market share in 2022.

Based on country, the market is segmented into Brazil, Argentina, and Rest of SAM. Brazil dominated the market share in 2022. BD, Dragerwerk AG & Co. KGaA, General Electric Company, Hill Rom Holding Inc. (Baxter), ICU Medical Inc., Koninklijke Philips N.V., Masimo, Medtronic, Nihon Kohden Corporation, and SCHILLER Americas Inc. are the leading companies operating in the capnography equipment market in the region.

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