| Study Period | 2021 - 2030 |
| Base Year For Estimation | 2024 |
| Market Size (2025) | USD 626.84 Million |
| Market Size (2030) | USD 889.50 Million |
| CAGR (2025 - 2030) | 7.25 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Capnography Devices Market Analysis
The Capnography Devices Market size is estimated at USD 626.84 million in 2025, and is expected to reach USD 889.50 million by 2030, at a CAGR of 7.25% during the forecast period (2025-2030).
- COVID-19 disease significantly impacted capnography devices. During the early pandemic in 2020, there had been a slight decline in market growth due to the lack of availability of the devices. This had been primarily due to the supply chain restrictions and manufacturing halts because of stringent lockdowns across the globe. But, during the late pandemic, there had been a huge surge in market growth due to the rising adoption of capnography devices in the management and detection of COVID-19 disease.
- Furthermore, according to the study published in Respiratory Physiology and Neurobiology in December 2020, capnography is a convenient bedside approach for monitoring patients' split ventilation. Such advantages of capnography during the pandemic have led to increased adoption of capnography devices during the late pandemic phase. Furthermore, post-pandemic, the market is expected to show a significant pace due to the adoption of capnography devices for various lung diseases such as respiratory infections, asthma, and chronic obstructive lung pulmonary disease.
- The major factors driving the market growth include the rising number of surgeries across the globe, the increasing prevalence of respiratory diseases, and technological advancements in capnography devices, among others.
- Respiratory diseases, such as respiratory infections, asthma, lung cancer, and Chronic obstructive pulmonary disease (COPD), are increasing at an alarming rate in both developed and developing countries, which is driving the growth of the market. Chronic respiratory diseases are found to affect the airways and other parts of the lungs for a longer duration of the period. Respiratory symptoms are among the major causes of consultation with doctors and physicians in primary health care centers. According to the Global Initiative for Chronic Obstructive Lung Disease 2022, COPD is thought to affect 200 million people, and asthma affects 262 million people globally.
- In addition, according to the ERS International Congress 2021, it is estimated that the number of COPD patients in European regions such as Germany, the United Kingdom, Spain, and Italy would be 7.6 million, 7 million, 4.8 million, and 4.7 million, respectively, by 2050. Such a huge prevalence of respiratory devices is anticipated to drive market growth due to the rising adoption of capnography devices during the management of COPD
- Furthermore, the rising demand for capnography devices and key initiatives adopted by the market players is anticipated to rise in adoption, driving market growth. For instance, in November 2021, Smile Train and Lifebox started developing capnography equipment specifically for low-resource settings in an effort to increase the safety of anesthesia for kids worldwide. The goal of this endeavor is to locate and acquire a reliable, user-friendly, and reasonably priced capnography device that will aid in enhancing anesthetic safety for kids all over the world.
- Thus, the increasing prevalence of respiratory diseases, technological advancement in the products, and rising initiatives from the market players have augmented the demand for capnography devices, which is expected to drive the growth of the market. However, the shortage of skilled professionals and the high cost of devices are the factors expected to hinder market growth.
Capnography Devices Market Trends
Side Stream in Technology Segment is Expected to Hold a Significant Share Market Share over the Forecast Period
- The side stream technology is expected to hold a significant market share over the forecast period owing to its wide usage in anesthesia monitoring.
- The major factor driving the growth of the market includes an increase in surgical procedures across the globe. The side stream capnography devices are easy to connect, and they can be used in collaboration with simultaneous oxygen administration via a nasal prong. The number of surgeries in developed nations of Europe is anticipated to drive the segment's growth due to the increased adoption of side-stream technology.
- According to the Organization for Economic Co-operation and Development (OECD), in January 2023, the number of surgeries performed in European countries such as Denmark, Ireland, and Portugal in 2021 were 49,308, 32,844, and 94,872, respectively. Such a huge number of surgeries in developed countries will drive market growth due to the increased adoption of side-stream capnography devices to monitor the concentration of carbon dioxide in exhaled breath, driving the segment growth.
- Furthermore, the importance of side-stream capnography in infant ventilation is also expected to bolster market growth. For instance, according to the study published in the Journal of Perinatology in March 2021, the introduction of side-stream capnography reduces the magnitude of difference in CO2 levels in mechanically ventilated newborns in the first week after birth, and the number of blood samples would be reduced. Furthermore, according to the same source, side-stream capnography was associated with a reduction in severe intraventricular hemorrhage. Such studies show the importance of side stream capnography devices driving segment growth.
- The rise in surgical procedures and the importance of side-stream capnography during surgeries is expected to increase the demand for side-stream capnography devices, leading to significant growth in the market.
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North America is Expected to Hold a Healthy Market Share over the Forecast Period
- North America holds a significant market share and is expected to do the same over the forecast period. In North America, the United States is expected to have the largest capnography devices share owing to the rising technological advancements and an increase in the prevalence of respiratory diseases.
- The rising prevalence of respiratory diseases such as asthma is also expected to drive market growth in the region. For instance, according to the Centers for Disease Control and Prevention (CDC), in October 2022, the percentage of adults aged 18 and over who currently have asthma in the United States in 2021 was 8.0%, and the annual number of office visits for asthma was 5.8 million in 2021. Such a huge incidence of asthma is expected to drive the adoption of capnography devices in the management of asthma, driving the market growth.
- According to the study published in the European Journal of Pediatrics in September 2021, the Masimo EMMA Portable Capnograph was found to be an effective monitoring device for mechanically ventilated preterm infants. For patients of all ages, EMMA offers smooth mainstream capnography in a small, portable instrument. Such technologically advanced products from the companies of the United States will lead to increased adoption of the device in the region, driving market growth.
- The rising approvals of capnography devices from international regulatory agencies are expected to drive market growth in the region. For instance, in April 2021, the United States Food and Drug Administration (US FDA) approved Radius PCG, a portable real-time capnograph with wireless Bluetooth connectivity developed by Masimo. The approval of innovative devices is anticipated to increase the adoption of capnography devices, driving market growth in the region.
- Thus, owing to the rising initiatives from the market players and rising technological advancement, the market is expected to witness high growth over the forecast period.
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Capnography Devices Industry Overview
The capnography devices market is consolidated due to the presence of established players. The factors owing to the competition include rising approvals of capnography devices and rising initiatives from the market players, such as partnerships and acquisitions, among others. Some of the market players are Becton, Dickinson and Company, DiMedica, Drägerwerk AG & Co. KGaA, Koninklijke Philips N.V., Masimo Corporation, Medtronic Plc, Nihon Kohden Corporation, Nonin Medical, Smiths Medical, and Welch Allyn.
Capnography Devices Market Leaders
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Becton, Dickinson and Company
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Koninklijke Philips N.V.
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Masimo Corporation
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Medtronic Plc
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Nihon Kohden Corporation
- *Disclaimer: Major Players sorted in no particular order
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Capnography Devices Market News
- September 2022: SunMed received Medical Device Regulation (MDR) certification from the European Union (EU) on nine categories of its medical devices, including capnography cannulas. This provides the framework for SunMed to continue to grow our EU portfolio with additional product families.
- June 2022: Medtronic and GE Healthcare entered a partnership to integrate microstream capnography (CO2) and INVOS regional oximetry (rSO2) technology for perioperative and intensive care on the GE Healthcare Carescape precision monitoring platform.
Capnography Devices Industry Segmentation
Capnography devices are used in the monitoring of the concentration or partial pressure of carbon dioxide in respiratory gases.
The capnography devices market is segmented by product (hand-held and stand-alone), technology (side stream, main stream, and micro stream), application (critical care, sleep studies, pain management, procedural sedation, and other applications), end-user (hospitals, ambulatory surgical centers, and other end-users), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally.
The report offers the value (in USD) for the above segments.
| By Product | Hand-held | ||
| Stand-alone | |||
| By Technology | Side Stream | ||
| Main Stream | |||
| Micro Stream | |||
| By Application | Critical Care | ||
| Sleep studies | |||
| Pain Management | |||
| Procedural Sedation | |||
| Other Applications | |||
| By End-User | Hospitals | ||
| Ambulatory Surgical Centers | |||
| Other End-Users | |||
| Geography | North America | United States | |
| Canada | |||
| Mexico | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Italy | |||
| Spain | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| Japan | |||
| India | |||
| Australia | |||
| South Korea | |||
| Rest of Asia-Pacific | |||
| Middle East and Africa | GCC | ||
| South Africa | |||
| Rest of Middle East and Africa | |||
| South America | Brazil | ||
| Argentina | |||
| Rest of South America | |||
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Capnography Devices Market Research FAQs
How big is the Capnography Devices Market?
The Capnography Devices Market size is expected to reach USD 626.84 million in 2025 and grow at a CAGR of 7.25% to reach USD 889.50 million by 2030.
What is the current Capnography Devices Market size?
In 2025, the Capnography Devices Market size is expected to reach USD 626.84 million.
Who are the key players in Capnography Devices Market?
Becton, Dickinson and Company, Koninklijke Philips N.V., Masimo Corporation, Medtronic Plc and Nihon Kohden Corporation are the major companies operating in the Capnography Devices Market.
Which is the fastest growing region in Capnography Devices Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Capnography Devices Market?
In 2025, the North America accounts for the largest market share in Capnography Devices Market.
What years does this Capnography Devices Market cover, and what was the market size in 2024?
In 2024, the Capnography Devices Market size was estimated at USD 581.39 million. The report covers the Capnography Devices Market historical market size for years: 2021, 2022, 2023 and 2024. The report also forecasts the Capnography Devices Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Capnography Devices Industry Report
Statistics for the 2025 Capnography Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Capnography Devices analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
