GIA announces the release of a comprehensive global report on Carbon Dioxide (CO2) Monitors market. Global Carbon Dioxide Monitors market is forecast to reach US$292 million by 2017, driven by enhanced requirements in patient monitoring, and critical care, both within and outside hospitals. Aging population, increasing levels of pollution and growing number of breathing-related illnesses as well as regulations necessitating the need for patient safety through effective monitoring are factors expected to spur long term growth in the world market.

Technological developments and increase in R&D investments in the burgeoning capnography equipment market will further enlarge the deployment of carbon dioxide monitors.

The global capnography market is an under penetrated one with dominance vested in the developed US and European markets, while some of the rapidly developing markets including China, Russia and India among others, have started witnessing above average growth in their respective markets only recently.

Although majority of capnography applications are in the operating rooms for detecting and identifying the end-tidal CO2 levels, new and emerging applications including critical care units, recovery rooms, labor and delivery rooms, emergency rooms, post-anesthesia care units, and intensive care units are instigating the use of capnography equipment.

Capnography market worldwide is presently considered a segment with rich opportunities, increasing simultaneously with the continuously evolving ways and methods of patient care. Major growth drivers over the years, have been the aging population as well as increasing pollution and rise in the number of breathing-related illnesses.