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Carbon Dioxide (CO2) Monitors Market Report Scope & Overview:

Carbon Dioxide (CO2) Monitors Market Size was valued at USD 571.2 million in 2022, and expected to reach USD 1121 million by 2030, and grow at a CAGR of 8.8% over the forecast period 2023-2030. 

Carbon dioxide monitors are used to determine the amount and presence of CO2 in the atmosphere. These instruments are used to assess indoor air quality, landfill efficiency, and process control. It has applications in a variety of industries, including mining, controlled atmosphere storage, horticulture, and so on.

Carbon Dioxide (CO2) Monitors Market Revenue Analysis

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MARKET DYNAMICS:

KEY DRIVERS:

  • This region is seeing an increase in cases of respiratory failure.

RESTRAINTS:

  • lack of knowledge about the subject, as well as the higher cost of installation and maintenance of the device

  • Fixed or wall-mounted carbon dioxide detectors are not thought to perform well.

OPPORTUNITIES:

  • Carbon dioxide monitors are becoming increasingly popular in enclosed offices, schools, colleges, and classrooms.

  • The growing geriatric population in several countries, as well as growing awareness of the importance of carbon dioxide monitoring devices.

CHALLENGES: 

  • The Carbon Dioxide monitors are being handled by inexperienced professionals.

  • The prevalence of inexpensive CO2 detectors.

IMPACT OF COVID-19:

The widespread use of COVID-19 has had an impact on a variety of industries and economic conditions around the world. During the pandemic, health monitoring devices, as well as health supplementary diets and air quality sensors and monitors, gained popularity. As government organisations imposed stringent laws during the pandemic, essential parameters were carried out to control airborne infections and widespread COVID 19. The requirement for regular maintenance and installation procedures, on the other hand, has hampered the growth of the carbon dioxide monitors industry during the current economic downturn.

Based on Type, the Carbon Dioxide (CO2) market is segmented into Transcutaneous carbon dioxide (tcpCO2) monitors and End-tidal carbon dioxide (EtCO2) monitors. Based on Product, the Carbon Dioxide (CO2) market is segmented into Pipeline carbon dioxide (CO2) monitors and Wall-mounted carbon dioxide (CO2) monitors. Based on Application, the Carbon Dioxide (CO2) market is segmented into Hospital use, Breweries, Underground car parks, Scientific research, Greenhouses, Office buildings and Others.

MARKET SEGMENT:

BY TYPE

  • Transcutaneous carbon dioxide (tcpCO2) monitors

  • End-tidal carbon dioxide (EtCO2) monitors

BY PRODUCT

  • Pipeline carbon dioxide (CO2) monitors

  • Wall-mounted carbon dioxide (CO2) monitors

BY APPLICATION

  • Hospital use

  • Breweries

  • Underground car parks

  • Scientific research

  • Greenhouses

  • Office buildings

  • Others

Carbon Dioxide (CO2) Monitors Market Segmentation Analysis

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REGIONAL ANALYSIS:

Because of the increasing cases of respiratory failure in Asia-Pacific regions, North America and Asia-Pacific are expected to dominate the Carbon Dioxide Monitors market value during the forecast period. The mainstream CO2 monitors, of the two configurations, assist in measuring the respiratory gas directly from the airway. On the other hand, the growing geriatric population and rising air-borne infections in North America have boosted the market value of carbon dioxide monitors in recent years. With rising awareness in the Asia-Pacific region, the carbon dioxide monitors industry is expected to grow at highest CAGR.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

KEY PLAYERS:

The key players in the Carbon Dioxide (CO2) market are OSI Systems, Criticare Systems, Invivo, Mindray North America, Nonin Medical, Radiometer Medical, Thames Medical, GE Healthcare, Masimo, Nihon Kohden Corporation, Philips Healthcare, Smiths Medical & Other Players.

Radiometer Medical-Company Financial Analysis

Company Landscape Analysis

Carbon Dioxide (CO2) Market Report Scope:

Report Attributes Details
Market Size in 2022 US$ 571.2 Million
Market Size by 2030 US$ 1121 Million
CAGR CAGR of 8.8% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Transcutaneous Carbon Dioxide (Tcpco2) Monitors, End-Tidal Carbon Dioxide (Etco2) Monitors)
• By Product (Pipeline Carbon Dioxide (CO2) Monitors, Wall-Mounted Carbon Dioxide (CO2) Monitors)
• By Application (Hospital Use, Breweries, Underground Car Parks, Scientific Research, Greenhouses, Office Buildings, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles OSI Systems, Criticare Systems, Invivo, Mindray North America, Nonin Medical, Radiometer Medical, Thames Medical, GE Healthcare, Masimo, Nihon Kohden Corporation, Philips Healthcare and Smiths Medical.
Key Drivers • This region is seeing an increase in cases of respiratory failure.
Restraints • lack of knowledge about the subject, as well as the higher cost of installation and maintenance of the device
• Fixed or wall-mounted carbon dioxide detectors are not thought to perform well.

Frequently Asked Questions

The market value is expected to reach USD 1121 million by 2030.

The key players in the Carbon Dioxide (CO2) market are OSI Systems, Criticare Systems, Invivo, Mindray North America, Nonin Medical, Radiometer Medical, Thames Medical, GE Healthcare, Masimo, Nihon Kohden Corporation, Philips Healthcare and Smiths Medical.

lack of knowledge about the subject, as well as the higher cost of installation and maintenance of the device and Fixed or wall-mounted carbon dioxide detectors are not thought to perform well.

Yes, and they are Raw material vendors, Distributors/traders/wholesalers/suppliers, Regulatory authorities, including government agencies and NGO, Commercial research & development (R&D) institutions, Importers and exporters, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, End-use industries.

Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.

Table of Content

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

 

7.  PEST Analysis

  

8. Carbon Dioxide (CO2) Monitors Market Segmentation, by type

8.1Introduction

8.2 Transcutaneous carbon dioxide (tcpCO2) monitors

8.3 End-tidal carbon dioxide (EtCO2) monitors

9. Carbon Dioxide (CO2) Monitors Market Segmentation, by product

9.1Introduction

9.2 Pipeline carbon dioxide (CO2) monitors

9.3 Wall-mounted carbon dioxide (CO2) monitors

10. Carbon Dioxide (CO2) Monitors Market Segmentation, by application

10.1 Introduction

10.2 Hospital use

10.3 Breweries

10.4 Underground car parks

10.5 Scientific research

10.6 Greenhouses

10.7 Office buildings

10.8 Others

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

12.Company Profiles

12.1 Thames Medical

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 OSI Systems

12.3 Criticare Systems

12.4 Invivo

12.5 Mindray North America

12.6 Nonin Medical

12.7 Radiometer Medical

12.8 GE Healthcare

12.9 Masimo

12.10 Nihon Kohden Corporation

12.11 Philips Healthcare

12.12 Smiths Medical

13.Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

14.Conclusion

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

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Data Bank Validation

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