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The Europe capnography equipment market size was valued at USD 146.9 million in 2024. The market is projected to grow from USD 154.5 million in 2025 to USD 244.2 million by 2032, exhibiting a CAGR of 6.8% during the forecast period.
Capnography equipment, also known as a capnograph, is used to measure carbon dioxide in patients’ exhaled air. These devices provide real-time information regarding ventilation, perfusion, metabolism, and other aspects. Capnography monitoring is very crucial in healthcare settings such as intensive care units (ICUs), emergency departments, and others.
The growing number of accidental injuries, chronic diseases such as cancer, cardiac disorders, respiratory conditions, among others, has been increasing the number of admissions for ventilation and in ICUs, growing demand for capnographs, thereby fueling the market growth.
Moreover, the market consists of players such as Medtronic, Koninklijke Philips N.V., and Masimo, which account for a significant portion of the market share. These companies are focusing on advanced product launches to enhance their product offerings.
Rising Number of Surgical Procedures Fuels Demand for Capnography Devices
The rising number of surgical procedures has been fueling the demand for capnography devices in operating theaters. As the number of surgeries is increasing daily, the demand for capnometers has also been growing.
This increasing number of surgical procedures has raised the demand for capnography devices, among other vital monitoring systems in hospitals, diagnostic clinics, and healthcare facilities, fueling the Europe capnography equipment market growth.
Limitations Associated with Capnographs and Presence of Alternatives Restrict Market Growth
The demand for capnography devices is increasing due to the growing number of hospital admissions and the increasing healthcare facilities. However, there are certain limitations to capnographs that obstruct their adoption across Europe.
Due to these limitations, along with the presence of alternatives such as defibrillators, colorimetric CO2 detectors, among others, the adoption of capnographs has been limited, thereby negatively impacting market growth.
Increasing Focus of Market Players on Creating their Brand Awareness Offers a Lucrative Opportunity for Market
Major key players have been focusing on conducting research studies to create awareness regarding their products' efficiency and create brand awareness.
The increasing focus of market players on the development of technologically advanced capnometers and creating awareness regarding their products is offering opportunities for market growth.
Complex Regulations Restrict Market Growth
Long clinical trial processes with the requirement of regulatory approval at multiple steps and stringent regulations are a challenge for market players in the development of novel products. Therefore, the availability of advanced products in the market is limited.
High Cost of Capnography Devices and Accessories Limits Product Adoption
Capnography devices available in the market are higher in cost. Moreover, their accessories are required to be replaced regularly, increasing the cost involved in the product usage. Therefore, the high cost of capnography devices and consumable costs can limit the product adoption, particularly in budget-sensitive care settings.
Shortage of Skilled Workforce Also Limits Their Usage
Capnography devices require a skilled workforce so that the capnography process can be conducted effectively and provide accurate results. However, the lack of a skilled workforce also acts as a challenge to product adoption.
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Increasing Adoption of Capnography Devices in Homecare Settings is an Emerging Trend in the Market
Capnography devices are highly beneficial in inpatient monitoring at homecare settings to monitor ventilation, metabolism, respiratory conditions, and others. Therefore, its adoption has recently increased in home care settings.
Due to such increasing demand for capnography devices in homecare settings, market players have been focusing on the development and launch of capnography devices designed for use in homecare settings. Furthermore, the market players have also been focusing on creating awareness regarding the efficiency of their products by conducting research studies.
Increasing Adoption of Technologically Advanced Capnography Devices is Another Trend in Market
Market players have been focusing on the development and launch of technologically advanced devices due to the increasing demand for technologically advanced devices for efficient processes and accurate output. For instance, key participants concentrate on the introduction of portable, wireless, and multi-parameter capnography devices, enhancing point-of-care and remote monitoring.
Increasing Focus of Market Players on Strategic Partnership with an Aim to Expand Their Product Portfolio
Market players have increased their focus on partnership and collaboration with the aim of developing and commercializing technologically advanced products in the market, thereby positively impacting the market growth.
Increasing Number of Patients’ Admissions in Healthcare Facilities is Responsible for Accessories Segment’s Dominance
By product type, the market is segmented into capnometers and accessories. By type, the capnometer segment is further bifurcated into handheld and portable. Similarly, based on the parameter, the capnometer segment is bifurcated into single-parameter and multi-parameter.
The accessories segment dominated the market in 2024 and is expected to grow at the fastest CAGR during the forecast period. The increasing prevalence of respiratory diseases, resulting in a growing number of patient admissions in healthcare settings, is supporting the increase in demand for these accessories in the market, thereby contributing to segment dominance.
The capnometers segment is expected to grow significantly during the forecast period. The segment's growth is attributed to the increasing focus of the market players on the development and launch of novel, technologically advanced capnometers.
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Several Advantages of Mainstream Capnography Contributed to Segment’s Dominance
Based on technology, the market is bifurcated into mainstream capnography and sidestream capnography.
The mainstream capnography segment dominated the Europe capnography equipment market share in 2024. The segment’s growth is attributed to several advantages associated with these devices, including rapid response due to direct airway measurement, provision of accurate data, and others, resulting in the growing demand for capnography equipment with mainstream technology.
The sidestream capnography segment is expected to grow at a substantial rate during the forecast period due to various benefits such as versatility, portability, enabling monitoring in various clinical settings and on non-intubated patients, and others, associated with the use of sidestream capnography.
Increasing Prevalence of Respiratory Diseases is Responsible for Respiratory Care Segment’s Dominance
Based on application, the market is segmented into cardiac care, respiratory care, trauma care, and others. All these segments are subdivided into mainstream capnography and sidestream capnography.
The respiratory care segment dominated the market in 2024. The growth is attributed to the rising prevalence of respiratory conditions, which is fueling the demand for effective respiratory monitoring options.
The cardiac care segment is expected to grow at the fastest CAGR during the forecast period. The increasing prevalence of cardiac diseases is resulting in an increasing number of patient admissions, likely to fuel the market growth over the forecast period.
Increasing Number of Hospital Admissions Led to Segment’s Dominance
On the basis of end-user, the market is segmented into hospitals, long-term care centers, ambulatory surgical centers, emergency medical services, specialty clinics, homecare settings, and others. Further, the hospitals segment is classified into ICU, NICU, operating room, ED, and others.
The hospitals segment dominated the market in 2024. The growth is attributed to the increasing number of patient admissions for various acute and chronic diseases, coupled with the rising number of healthcare facilities, such as hospitals, in Europe. The increasing occurrence and adoption rate of technologically advanced capnography equipment are likely to boost the demand for this equipment, further contributing to the growth of the segment.
Furthermore, the ambulatory surgical centers are expected to grow at the fastest CAGR during the forecast period. Benefits, such as lower costs, increased convenience, and higher quality of care, among others, are resulting in an increasing number of patient admissions in these healthcare settings, further supporting the growing adoption rate for capnography devices and accessories in the market.
Based on geography, the market is studied across the U.K., Germany, France, Italy, Spain, Scandinavia, and the rest of Europe.
The market generated a maximum value from Germany in 2024. The growth of the market is attributed to the growing burden of chronic respiratory conditions in the country. Furthermore, the increasing number of healthcare facilities in the region has also influenced the market growth in the country.
The market in the U.K. is expected to grow considerably during the forecast period. The market’s growth in the country is attributed to the growing number of admissions in healthcare facilities for treatment.
Increasing Focus of Market Players on Collaborations with Other Companies to Expand Their Product Portfolio
The Europe capnography equipment market is partially fragmented, with the presence of major players such as Medtronic, Koninklijke Philips N.V., and Drägerwerk AG & Co. KGaA, accounting for a significant share of the market. These companies strongly emphasize partnership and collaboration with the aim of enhancing their product portfolio with new product launches.
Moreover, other players, such as GE HealthCare, Masimo, and BD, are focusing on new product launches to expand their product portfolio.
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ATTRIBUTE |
DETAILS |
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Study Period |
2019-2032 |
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Base Year |
2024 |
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Estimated Year |
2025 |
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Forecast Period |
2025-2032 |
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Historical Period |
2019-2023 |
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Growth Rate |
CAGR of 6.8% from 2025-2032 |
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Unit |
Value (USD million) |
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Segmentation |
By Product Type
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By Technology
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By Application
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By End-user
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By Country/Sub-region
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Fortune Business Insights says that the Europe market stood at USD 146.9 million in 2024 and is projected to reach USD 244.2 million by 2032.
The market is predicted to exhibit a CAGR of 6.8% during the forecast period of 2025-2032.
By product type, the accessories segment led the market.
The increasing number of surgical procedures, along with the expansion of healthcare facilities, has been fueling the market growth.
Medtronic, Koninklijke Philips N.V., and Drägerwerk AG & Co. KGaA are the top players operating in the market.
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