U.S. Capnography Devices Market Size & Outlook, 2023-2030

The capnography devices market in the United States is expected to reach a projected revenue of US$ 471.5 million by 2030. A compound annual growth rate of 8.7% is expected of the United States capnography devices market from 2024 to 2030.
Revenue, 2023 (US$M)
$262.2
Forecast, 2030 (US$M)
$471.5
CAGR, 2024 - 2030
8.7%
Report Coverage
U.S.

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U.S. capnography devices market, 2018-2030 (US$M)

U.S. capnography devices market, 2018-2030 (US$M)

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U.S. capnography devices market highlights

  • The U.S. capnography devices market generated a revenue of USD 262.2 million in 2023 and is expected to reach USD 471.5 million by 2030.
  • The U.S. market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
  • In terms of segment, oem modules was the largest revenue generating component in 2023.
  • OEM Modules is the most lucrative component segment registering the fastest growth during the forecast period.


Capnography devices market data book summary

Market revenue in 2023USD 262.2 million
Market revenue in 2030USD 471.5 million
Growth rate8.7% (CAGR from 2023 to 2030)
Largest segmentOem modules
Fastest growing segmentOEM Modules
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOEM Modules
Key market players worldwideMasimo Corp, Smiths Group PLC, Welch Allyn, Koninklijke Philips NV, Medtronic PLC, Nonin Medical, Nihon Kohden Corp, BD, DiaMedica Therapeutics Inc, ZOLL Medical Corporation, GE HealthCare Technologies Inc Common Stock, Hamilton Thorne Ltd, Hamilton Lane Inc Class A, Mindray Medical International, Schiller Healthcare, Avante Animal Health, Ekso Bionics Holdings Inc, BPL Medical Technologies, Burtons Medical Equipment, Criticare Technologies, Edan Instruments


Other key industry trends

  • In terms of revenue, U.S. accounted for 38.8% of the global capnography devices market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. capnography devices market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 54.1 million by 2030.

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Capnography Devices Market Companies

Name Profile # Employees HQ Website
Criticare Technologies View profile 101-250 North Kingstown, Rhode Island, United States, North America https://www.criticare.com
BPL Medical Technologies View profile 251-500 Bangalore, Karnataka, India, Asia https://www.bplmedicaltechnologies.com/
Edan Instruments View profile 101-250 Shenzhen, Guangdong, China, Asia http://www.edan.com.cn
Burtons Medical Equipment View profile 101-250 Marden, Kent, United Kingdom, Europe https://www.burtons.uk.com
DiaMedica Therapeutics Inc View profile 19 301 Carlson Parkway, Suite 210, Minneapolis, MN, United States, 55305 https://www.diamedica.com
Hamilton Thorne Ltd View profile - 100 Cummings Center, Suite 465E, Beverly, MA, United States, 01915 https://www.hamiltonthorne.ltd
Nonin Medical View profile 251-500 Plymouth, Minnesota, United States, North America http://www.nonin.com/
Avante Animal Health View profile 51-100 Louisville, Kentucky, United States, North America https://avantevet.com
Schiller Healthcare View profile 11-50 Andheri, Maharashtra, India, Asia http://www.schiller.ch/in/en
ZOLL Medical Corporation View profile 1001-5000 Chelmsford, Massachusetts, United States, North America http://www.zoll.com/
Mindray Medical International View profile 5001-10000 Nanshan, Hunan, China, Asia https://www.mindray.com
Masimo Corp View profile 3796 52 Discovery, Irvine, CA, United States, 92618 https://www.masimo.com
Welch Allyn View profile 1001-5000 Skaneateles Falls, New York, United States, North America https://www.welchallyn.com/en.html
BD View profile 10001+ Franklin Lakes, New Jersey, United States, North America https://www.bd.com
Nihon Kohden Corp View profile 6325 31-4 Nishiochiai 1-chome, Shinjuku-ku, Tokyo, Japan, 1618560 http://www.nihonkohden.co.jp
Hamilton Lane Inc Class A View profile 600 110 Washington Street, Suite 1300, Conshohocken, PA, United States, 19428 https://www.hamiltonlane.com
Ekso Bionics Holdings Inc View profile 72 101 Glacier Point, Suite A, San Rafael, CA, United States, 94901 https://www.eksobionics.com
Smiths Group PLC View profile 15000 11-12 St James’s Square, 4th Floor, London, United Kingdom, SW1Y 4LB https://www.smiths.com
Medtronic PLC View profile 95000 Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 https://www.medtronic.com
Koninklijke Philips NV View profile 73712 Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC https://www.philips.com
GE HealthCare Technologies Inc Common Stock View profile 51000 500 West Monroe Street, Chicago, IL, United States, 60661 https://www.gehealthcare.com

U.S. capnography devices market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to capnography devices market will help companies and investors design strategic landscapes.


Oem modules was the largest segment with a revenue share of 42.75% in 2023. Horizon Databook has segmented the U.S. capnography devices market based on oem modules covering the revenue growth of each sub-segment from 2018 to 2030.


The U.S. is expected to be the largest capnography devices market in North America due to increasing prevalence of respiratory diseases such as COPD & asthma, Corona virus outbreak, and rapid technological advancements.

Rising adoption of capnographs in emergency services to aid in proper assessment, monitoring, and treatment in prehospital environments is a key factor boosting the growth of capnography devices market in the country.

In addition, key players are introducing innovative products. For instance, in April 2018, Masimo launched Rad-97 Pulse CO-Oximeter with integrated NomoLine capnography. The product is aimed at enhancing workflow connectivity solutions. Thus, launch of new products and approvals are expected to boost the market.

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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. capnography devices market , including forecasts for subscribers. This country databook contains high-level insights into U.S. capnography devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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U.S. capnography devices market size, by oem modules, 2018-2030 (US$M)

U.S. Capnography Devices Market Outlook Share, 2023 & 2030 (US$M)

U.S. capnography devices market size, by oem modules, 2018-2030 (US$M)

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