Latin America Region : Capnography Equipment Market 1 | Page 2

R e s e a r c h

Report Media Releases
Latin America Capnography Equipment Market Will Reach
US$ 30.2 Million by 2021
According to a new market report published by Persistence Market Research “Latin America
Capnography Equipment Market: Brazil to Witness Highest Growth by 2021”,
the capnography equipment market for Latin America was valued at USD 9.7 million in 2014 and
is expected to expand at a CAGR of 17.5 % from 2014 to 2021, to reach USD 30.2 million by 2021.
The capnography equipment market is growing rapidly in Latin America majorly due to the

M a r k e t

recommendations to use capnography in routine hospital settings by esteemed organizations and
government bodies. The World Health Organization (WHO), in its 2009 report on safe surgery,
recommended the use of capnography monitoring during endotracheal tube placement,
hypoventilation, and esophageal intubation for better outcome. The Uruguayan Society of
Anesthesiologists and the American Society of Anesthesiologists recommended capnography
monitoring in routine-use during procedural sedation and anesthetics. These guidelines
substantiate the importance of capnography equipment in hospital use. Moreover, high impact of
the U.S. health care system on the health care market in Latin America is augmenting the
capnography equipment market in this region.
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P e r s i s t e n c e

Based on types of capnograph, the sidestream capnograph segment dominated the capnography
equipment market in 2014, with a share of around 52.9%. Easy-to-use and capability to monitor
the patient in non-intubated condition are the major factors that contributed to the high demand for
sidestream capnograph. Additionally, presence of large number of players including local
companies offering sidestream capnograph in their portfolio has increased the awareness and
demand for sidestream capnograph in Latin America. The microstream capnograph segment has
been projected to witness high growth during the forecast period in Latin America as these are
cost-effective and offer several advantages in all hospital settings. The device could also be used
for monitoring both non-intubated patients and neonates. However, sidestream capnograph
cannot be used to monitor neonatal patients and mainstream capnograph lack the capability to
monitor non-intubated patients.
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Latin America Capnography Equipment Market 2014-2021