The European capnography devices market is projected to grow at a significant CAGR during the forecast period (2020-2026). The market is mainly driven by the growing CVDs in the various countries including UK, Germany, France, Italy, and others. Heart diseases are fatal, and they are responsible for almost 50% of the total fatalities that occur every year in Europe, which is a major concern for the government.
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The healthcare spending of Europe is considerable and creating huge scope for the capnography devices market. In 2019, the EU spent 10% of its GDP on the healthcare of citizens which includes reimbursements on various diseases however, various heart procedures are not be fully reimbursed by the government.
Europe has stringent regulations & certification procedures to ensure patient’s safety and traceability of medical devices such as capnography devices and other critical heart surgeries. In Europe, all medical drugs and devices are strictly monitored by the European regulatory authorities, and harmful products are removed from the market immediately.
All the capnography devices that are either implanted into the human body or support externally are carefully tested regularly to avoid any harm to the patients. Moreover, the growing number of cardiac surgeries in the region coupled with government standards related to patient safety during surgical procedures further encourages the adoption of capnography devices in the region.
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European Capnography Devices Market – Segmentation
By Product Type
- Handheld
- Standalone
- Multiparameter
- Others (Conventional)
By Application
- Respiratory Disease
- Cardiology
- Trauma and Emergency
- Other (Critical Care)
By End-User
- Hospital & Clinics
- Ambulatory Surgical Centers
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
