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Latin America Capnography Equipment Market

Latin America Capnography Equipment Market<br>

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Latin America Capnography Equipment Market

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker

  2. LATIN AMERICA CAPNOGRAPHY EQUIPMENT MARKET ANALYSIS Latin America Capnography Equipment Market, By Product Type (Capnographs (Mainstream Capnographs, Side stream Capnographs, Microstream Capnographs), Disposables), By Application (Procedural Sedation, Anesthetics, Diagnosis and Monitoring of Patients, Others), By End User (Hospitals (Operating Room, ICUs, Emergency Rooms, Post-anesthesia Care Unit, General Care Floor), Ambulatory Surgical Centers, Others), and By Country (Brazil, Mexico, Argentina, Rest of Latin America) - Size, Share, Outlook, and Opportunity Analysis, 2019 - 2027

  3. Latin America Capnography Equipment Market – InsightsCapnography is the monitoring of the concentration or partial pressure of carbon dioxide in the respiratory gases. It offers a graphic picture of the patient's ventilatory status and detects the presence of pulmonary pathology. It is used in emergency medical services and anesthesia. Capnography is dynamic monitoring of patients with acute respiratory distress conditions such as asthma, chronic obstructive pulmonary disease (COPD), bronchiolitis, and heart failure (32).Latin America capnography equipment market is estimated to account for US$ 21.7 Mn in terms of value in 2019 and is expected to reach US$ 80.1Mn by the end of 2027.Latin America Capnography Equipment Market: DriversIncreasing prevalence of asthma is expected to boost growth of Latin America capnography equipment market over the forecast period. For instance, according to The Global Asthma Report 2018, the prevalence of asthma symptoms was 23% and the prevalence of a medical diagnosis of asthma 12% in Brazil.Moreover, increasing incidence of COPD is also expected to propel growth of the market. For instance, according to the study ‘Chronic Obstructive Pulmonary Disease in Latin America’, published in January 2019 in the journal Annals of Global Health, the prevalence of COPD in Latin American cities ranged between 6.2 and 19.6% in individuals aged 40 years and above.Side stream capnographs held dominant position in Latin America capnography equipment market in 2018, accounting for 53.5% share in terms of value, followed by mainstream capnographs.

  4. Latin America Capnography Equipment Market: Restraints • Although capnography is more effective compared to pulse oximetry in monitoring various respiratory diseases, sedation procedures, and apnea, it is associated with high cost, which is expected to hinder growth of Latin America capnography equipment market. A handheld capnograph costs between US$ 2,200 and US$ 4,000, whereas a handheld pulse oximeter costs around US$ 315. • Moreover, use of capnograph may lead to increased dead space and the patients need to be intubated, which is also expected to hamper growth of the market.  

  5. Latin America Capnography Equipment Market: Opportunities • Increasing number of plastic surgeries is expected to offer lucrative growth opportunities for players in Latin America capnography equipment market. For instance, according to The International Society of Aesthetic Plastic Surgeons (ISAPS) 2018, Brazil has the second highest number of cosmetic procedures in the world. • Moreover, increasing medical tourism in countries across Latin America is also expected to boost growth of the market. For instance, according to the study, ‘Medical Tourists: Incoming and Outgoing, published in January 2019 in the American Journal of Medicine, Mexico is among the top 10 destinations for medical tourism.

  6. Side stream capnographs sub-segment product type segment in Latin America capnography equipment market was valued at US$ 4.7 Mn in 2018 and is expected to reach US$ 19.5 Mn by 2027 at a CAGR of 17.0% during the forecast period.

  7. Market Trends/Key Takeaways • Key players in the market are focused on launching portable real-time capnography devices to expand their product portfolio. For instance, Masimo’s Radius capnography system offers cable-free capnography and automated documentation. • The use of capnography devices in regional oximetry for neonatal and infant patients has also increased in the recent past. In regional oximetry, near-infrared spectroscopy (NIRS) is used to monitor the regional hemoglobin oxygen saturation of blood (rSO2). .

  8. Latin America Capnography Equipment Market: Competitive LandscapeMajor players operating in Latin America capnography equipment market include, Drägerwerk AG & Co. KGaA, Masimo Corporation, Medtronic, Inc., Nihon Kohden Corporation, Nonin Medical, Inc., Philips Healthcare, Smiths Medical, and Welch Allyn, Inc. • Latin America Capnography Equipment Market: Key Developments • Key players in the market are focused on product approval and launch to expand their product portfolio. For instance, in October 2019, Masimo Corporation received CE marking for its Radius Capnography, a portable real-time capnograph with wireless Bluetooth connectivity. • Key players in the market are also focused on conducting clinical trials to expand their product portfolio. For instance, in February 2019, Medtronic plc announced preliminary results from PRODIGY, a Microstream (TM) Capnography, multi-center study to identify people at high risk for opioid-induced respiratory depression (OIRD), a form of respiratory compromise.

  9. Request Sample Report • Request Customization • Download PDF Brochure • Talk to Analyst • Buy Now • Reference: https://www.coherentmarketinsights.com/market-insight/latin-america-capnography-equipment-market-3269

  10. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

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