Masimo Corporation received CE marking for its Radius Capnography for Latin America capnography equipment market

 

Capnography, a process, and technology of measuring the pressure of air against body tissues or the patient are used for many medical imaging procedures. This medical imaging uses non-invasive methods to provide vital signs and diagnoses. Most commonly, it is utilized in emergency medicine, but now the technique is also used in pediatric, adult, and pediatric specialties. Capnography equipment includes non-invasive monitors such as the non-contact digital endoscope (NCD), digital probe-tip cannula attached to a flexible tube (flexible tube supplies blood flow), non-contact ultrafiltration probe coupled to a camera (cartographic camera supplies high-resolution imagery), or the high-frequency ultrasound reader. The three types are applicable in various situations: for patient safety, for cardiology or oncology, for pulmonary medicine, and for orthopedic procedures.

The growing prevalence of asthma in the region is driving the growth of the Latin America capnography equipment market. For instance, according to The Global Asthma Report 2018, the prevalence of asthma symptoms was 23%, and the prevalence of a medical diagnosis of asthma 12% in Brazil. Also, increasing cases of COPD are also expected to propel the growth of the Latin America capnography equipment market. According to the study ‘Chronic Obstructive Pulmonary Disease in Latin America’, published in January 2019 in the journal Annals of Global Health, the prevalence of COPD in Latin American cities ranged between 6.2 and 19.6% in individuals aged 40 years and above.

Furthermore, an increasing number of cosmetic procedures in the region will further support the growth of the market. According to The International Society of Aesthetic Plastic Surgeons (ISAPS) 2018, Brazil has the second-highest number of cosmetic procedures in the world.

Expanding medical tourism industry in the region is expected to provide potential growth opportunities to the market in the near future. According to the study, ‘Medical Tourists: Incoming and Outgoing, published in January 2019 in the American Journal of Medicine, Mexico is among the top 10 destinations for medical tourism.

1.      In October 2019, Masimo Corporation received CE marking for its Radius Capnography, a portable real-time capnograph with wireless Bluetooth connectivity

2.      In February 2019, Medtronic plc announced preliminary results from PRODIGY, a Microstream (TM) Capnography, multi-center study to identify people at high risk for opioid-induced respiratory depression (OIRD), a form of respiratory compromise.

Major players operating in the Latin America capnography equipment market include Drägerwerk AG & Co. KGaA, Masimo Corporation, Medtronic, Inc., Nihon Kohden Corporation, Nonin Medical, Inc., Philips Healthcare, Smiths Medical, and Welch Allyn, Inc.