Rapid technological advancements and innovations such as the incorporation of molecular correlation spectroscopy and photo detectors in microstream capnographs and the adoption of miniaturized mainstream multi-gas monitors are pushing up the sales of capnography devices across the world. Advanced capnography devices provide greater safety and accuracy levels than the conventionally used ones and also have an adjustable flow rate that allows the retrieval of huge sample volumes and prevents contamination by moisture.
Additionally, various benefits of capnography such as long-term efficacy, improved optimization of post-operative outcomes, enhanced overall efficiency, and quick response time are predicted to boost the demand for capnography devices all over the world in the future years. Apart from these factors, the increasing initiatives being taken by several renowned organizations and governments for promoting the usage of capnography devices are also fueling the sales of these devices across the globe.
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Geographically, the capnography devices market will exhibit the fastest growth in Asia-Pacific (APAC) in the forthcoming years, on account of the numerous favorable government initiatives being launched regarding the usage of capnography devices, soaring geriatric population, and the rising incidence of chronic diseases in the region. According to the World Population Ageing 2019 report published by the UN, the population of geriatric people (people aged 65 years or above) in Asia is predicted to rise to 954.6 million by 2050.
