Research and Markets: The Global Capnography Market to Grow at a CAGR Of 21.1 Percent over the Period 2011-2015
Research and Markets (http://www.researchandmarkets.com/research/g64nrt/global) has announced the addition of the "Global Capnography Market 2011-2015" report to their offering.
TechNavio's analysts forecast the Global Capnography market to grow at a CAGR of 21.1 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increased adoption of portable capnographs. The Global Capnography market has also been witnessing the emergence of a replacement market in the US. However, the lack of product differentiation could pose a challenge to the growth of this market.
Key vendors dominating this market space include Oridion Systems Ltd., Philips Healthcare, Smiths Medical, and Welch Allyn Inc.
Other vendors mentioned in the report: Nonin Medical Inc., Medical Device Depot Inc., Aria Health System, 7 Medical Systems LLC, and Triton Electronics Ltd.
Commenting on the report, an analyst from TechNavio's Healthcare team said: ''Improvements in capnography technology are allowing critical care providers to have a more accurate way of measuring carbon dioxide (CO2) in critical care patients. Although healthcare professionals have experienced major difficulties and limitations while using Mainstream and Sidestream capnography in the last few years, the latest Microstream capnography is expected to overcome those drawbacks. Microstream technology helps monitor both intubated and non-intubated patients. It can operate in extreme humidity environments, in homecare, ambulatory services, and in hospitals. Microstream devices also offer improved moisture management to eliminate problems caused by blocked sample lines.''
According to the report, one of the major growth factors driving the Global Capnography market is the tremendous advancement in technology in the form of innovations that have led to the development of new generation capnography devices.
Further, the report discusses that one of the major challenges for this market is that most of the capnography devices are similar in nature.
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