The European capnography devices market is projected to grow at a significant CAGR during the forecast period. 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.
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.
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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.
Key questions addressed by the report
- What is the market growth rate during the forecast period?
- Which segment/region dominates the market in the base year?
- Which segment/region will project the fastest growth in the market during the forecast period?
- How COVID-19 will impact the market growth in 2020 and the coming years?
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region/segment
o Recommendations
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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
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European Capnography Devices Market– Segment by Region
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Company Profiles
- Burtons Medical Equipment Ltd.
- Becton, Dickinson and Co.
- Diamedica UK Ltd.
- Drägerwerk AG & Co. KGaA
- Medtronic PLC
- MEDACX Ltd.
- Smiths Group plc
- Zoe Medical, Inc.
- ZOLL Medical Corp.
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