Global Carbon Dioxide Monitors Market growing at a CAGR of 8.20% from 2023 to 2030

Category : Semiconductor And Electronics | Published Date : Aug 2023

Key Market Overview

The Global Carbon Dioxide Monitors Market was valued at USD 407.96 Million in 2022 and is expected to register a compound annual growth rate of 8.20% to reach USD 749.53 Million in 2030.

The report highlights the increasing adoption of carbon dioxide monitors in healthcare, mining, food & beverage, and other industries. Consegic Business Intelligence provides an inclusive research report on the carbon dioxide monitors market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends.

Global Carbon Dioxide Monitors Market By Overview

Global Carbon Dioxide Monitors Market

The report analyses significant segments such as type, end-user, and region, to identify emerging trends and potential opportunities. The type segment is expected to grow due to the increasing adoption of fixed CO2 monitors in food & beverage, healthcare, agriculture, commercial, and other sectors. Moreover, the deployment of portable CO2 monitors in mining sites, food & beverage processing facilities, and hospitals, among others is expected to drive the market growth during the forecast period.

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Market Dynamics

Driver:

 

  • Rising utilization of carbon dioxide monitors in healthcare sector is driving the market growth.
  • Growing mining industry is spurring the market growth.

 

Restraints:

  • Limitations and operational challenges associated with carbon dioxide monitors is restraining the market growth.

Market Segmentation:

Report Attributes Report Details
By Type Fixed CO2 Monitors and Portable CO2 Monitors
By End-User Healthcare, Mining, Food & Beverage, Agriculture, Commercial, and Others
By Region North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Competitive Landscape :

The global carbon dioxide monitors market is highly competitive due to the presence of major players such as Criticare Technologies Inc., Masimo, Koninklijke Philips N.V., Medtronic, GE Healthcare, and others operating in the global market. The market players are adopting new ways through product innovations, mergers and acquisitions, and business strategies to remain hold strong market position. Thus, evolving research and developments in carbon dioxide monitors market are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various industries.

  • Criticare Technologies Inc.
  • Masimo
  • Koninklijke Philips N.V.
  • Medtronic
  • Shenzhen Mindray Bio-Medical Electronics Co. Ltd
  • Nihon Kohden Corporation
  • Nonin
  • GE Healthcare
  • OSI Systems Inc.
  • Radiometer Medical ApS
  • Thames Medical Ltd.