The new report by Expert Market Research titled, ‘Global Respiratory Gas Monitors Market Size Report and Forecast 2022-2027’, gives an in-depth analysis of the Global Respiratory Gas Monitors Market, assessing the market based on its segments like type, end user, and region. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
- Forecast CAGR (2022-2027): 8.3%
Market Overview (2017-2027)
The global respiratory gas monitors market is likely to be driven by technological advances and the need to analyse respiratory gases in surgical and non-surgical settings. Furthermore, increased occurrences of lung illness and respiratory diseases are likely to drive demand. North America, Europe, and Asia Pacific are projected to be major markets. Doctors and health care workers use many types of oxygen and carbon dioxide gas sensors to monitor respiration. The gases in the breath and blood are measured. The number of gases in a person’s breath reveals how well the lungs inhale oxygen and expel CO2. Breath gas analysis is non-invasive and provides an immediate account of respiratory efficacy. As a result, one of the initial treatments is breath gas monitoring.
Industry Definition and Major Segments
Doctors and health care providers use many types of oxygen and carbon dioxide gas sensors to access respiration. Gases in the breath and blood are measured.
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On the basis of type, the market is segmented into:
- Stationary Gas Monitors
- Mobile Gas Monitor
On the basis of end use, the market is divided into:
- Hospitals
- Specialty Clinics
- Others
On the basis of region, the market is segmented into:
- North America
- Europe
- Asia
- Latin America
- Middle East and Africa
Market Trends
Changes in oxygen levels during breathing are measured using sensitive oxygen sensors that can take a reading every second. Manufacturers of ventilators use electro galvanic oxygen sensors capable of measuring up to 100 percent oxygen enriched air from compressed oxygen tanks to regulate oxygen. A capnograph is used to measure the amount of CO2 exhaled by the lungs. In real time, a capnograph displays CO2 levels in exhaled air. Capnography allows for the indirect measurement of CO2 levels in the blood. A discrepancy in CO2 levels between exhaled air and blood could suggest lung illness. Nearly 300 different types of volatile organic compounds (VOCs) have been found throughout the previous century. Several top firms are currently working to develop comprehensive and efficient respiratory gas monitoring systems. Bedfont Scientific, for example, provides carbon monoxide (CO) monitors such as the Smokerlyzer, which is used for smoking cessation, and the ToxCO, which is used by emergency services to test for CO poisoning. Furthermore, Bedfont Scientific’s NObreath FeNO monitor provides an accurate analysis of airway inflammation for asthma control, and the Gastrolyzer series aids in the diagnosis of gastrointestinal disorders and food intolerances. The NObreath FeNO monitor had significant demand in 2021 after the airway inflammation assessment instrument was added to the Rapid Uptake Products (RUPs) programme.
Key Market Players
The major players in the market are Bedfont Scientific Ltd, MD Diagnostics Ltd., Vitalograph Inc., and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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