Carbon Dioxide Monitors Market is Expected to Register a CAGR of 9% from 2020 to 2026

Pune, India, March 2021, MRFR Press Release/- Market Research Future has published a Half-Cooked Research Report on the Global Carbon Dioxide (CO2) Monitors Market.

Carbon Dioxide Monitors Market Overview

According to Market Research Future, the Global Carbon Dioxide (CO2) Monitors Market has been segmented based on Product, Type, Application, and Region.

A carbon dioxide sensor measures gaseous carbon dioxide levels by monitoring the amount of infrared (IR) radiation absorbed by carbon dioxide molecules. Measuring carbon dioxide is critical in monitoring many industrial processes and indoor air quality. The demand for carbon dioxide (CO2) monitors is expected to fuel owing to rising technological advancements to boost capnography. Also, increasing cases of respiratory failure has propelled the adoption of CO2 monitors. However, inaccuracy in the measurements of PaCO2 concentrations can lead to in acute respiratory failures, creating negative impact on the growth of carbon dioxide (CO2) monitors market.

By product, the market has been segmented into wall-mounted carbon dioxide (CO2) monitors and pipeline carbon dioxide (CO2) monitors. Wall-mounted digital meter measures ambient level of carbon dioxide (CO2) to monitor indoor air quality and performance of heating, ventilation, and air-conditioning (HVAC) systems. When connected to a building's HVAC system, the meter's built-in relay activates the HVAC system if CO2 levels reach or exceed the alarm's upper-limit threshold.

By type, the market has been segmented into end-tidal carbon dioxide (EtCO2) monitors and transcutaneous carbon dioxide (tcpCO2) monitors. The market for etCO2 monitors is expected to witness significant growth over the forecast period owing to its portability and cost effectiveness advantages over tcpCO2 monitors.

By application, the market has been segmented into hospital use, scientific research, breweries, greenhouses, underground car parks, office buildings, and others. Indoor CO2 level is a universal accepted parameter for the condition of indoor ventilation and air quality. A time period can be preset from 1 to 24 hours, then the monitor can display CO2 average level during this period, which provides an objective and true data for the measurement of the air quality in a certain space.

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By region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. The North American region has dominated the global market in 2019 and is expected to maintain its dominance throughout the forecast period. Rising demand for CO2 detection in food and beverages  is expected to propel the growth of Carbon Dioxide (CO2) Monitors systems in this region. On the flip side, Asia-Pacific is expected to witness the fastest growth over the forecast period. Increasing deployment of data centers in developing countries is one of the major factors fueling the market growth.

Key Players

Some of the prominent players in the Carbon Dioxide (CO2) Monitors market Criticare Technologies, Inc., Dräger Medical GmbH, GE Healthcare, Invivo Corporation, Masimo Corporation, Medtronic PLC, Mindray DS USA, Inc., Nihon Kohden Corporation, Nonin Medical, Inc., OSI Systems, Inc., Philips Healthcare, Radiometer Medical ApS, Smiths Medical, and Thames Medical among others.