Carbon Dioxide (CO2) Monitors Market Research Report: By Product (Wall-Mounted Carbon Dioxide (CO2) Monitors, Pipeline Carbon Dioxide (CO2) Monitors), Type (End-Tidal Carbon Dioxide (EtCO2) Monitors, Transcutaneous Carbon Dioxide (tcpCO2) Monitors), Application (Hospital Use, Scientific Research, Breweries, Greenhouses, Underground Car Parks, Office Buildings, Others) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2027

Carbon Dioxide (CO2) Monitors Market Size and Overview

The Carbon Dioxide Monitors Market is estimated to reach USD 799.2 Million by 2026, enrolling a CAGR of 8.7% during 2020-2026. Carbon dioxide screens are electronic gadgets that ceaselessly screen carbon dioxide's presence and immersion level in the climate. The Carbon Dioxide screens are sent in enclosed spaces where the air ventilation is fundamentally poor or insufficient.

The rising well-being risks revealed consistently were because of the unfortunate air ventilation in the work area or at home. The developing populace and urbanization have expanded the number of restricted space structures, bringing about unfortunate air ventilation. The carbon dioxide screens help in the early location of the unsafe gas and report to the client who screens the condition. The Carbon Dioxide screens and other unsafe gas screens in the workplace spaces have worked on the efficiency among the representatives and, in general, the soundness of those representatives.

The accessibility of types in the carbon dioxide sensors or screens has likewise affected the general development of Carbon Dioxide screens as they further develop the general client experience. Hand-held gadgets were progressively utilized for modern purposes as they are helpful in spot identification.

The Carbon Dioxide sensors are progressively utilized during the oil recuperation process, which involves letting out a gigantic measure of Carbon dioxide into the environment while siphoning out the stones. Productive carbon dioxide sensors are utilized to control the discharge of Carbon Dioxide and other unsafe gases into the environment.

COVID-19 Analysis:

COVID-19 widespread has affected several industries and economic conditions across the globe. During the pandemic, health monitoring devices were gaining popularity and so are health supplementary diets and air quality sensors and monitors. Essential parameters were carried out to control the airborne infections and widespread COVID-19 as the government organizations have imposed stringent laws during the pandemic. On the other hand, the requirement of regular maintenance and installation procedures during the declining economic condition has adversely impacted the growth of the carbon dioxide monitoring industry.

Market Dynamics:

Market Drivers:

The faster detection of the Carbon Dioxide levels before the saturation levels can save a large number of casualties. Carbon Dioxide monitors are gaining popularity in enclosed offices, schools, and colleges, especially in schools because children lack resistance against the CO2 gases and are prone to get affected very quickly compared to adults. 

The advent of novel technologies and their being integrated with the Carbon Dioxide monitors, intimating and displaying required suggestions such as upgrading your HVAC systems, air quality is poor in handheld devices have increased the carbon dioxide monitors market demand.

Market Opportunities:

The increasing geriatric population in several countries and growing awareness about the necessity of carbon dioxide monitoring devices are increasing the overall growth of the Carbon Dioxide monitors market. The increasing incidences of lung-related diseases and conditions such as Asthma, Chronic bronchitis are also presenting opportunities for the overall growth of the Carbon Dioxide monitoring industry.

The increasing urbanization, industrialization, research, and development in the industry are expected to propel the overall growth of the Carbon Dioxide monitors market value in the forecast period. The advancements in the industry feature lightweight device, clear and concise alarming systems to the official representative, longer battery life, compact structure so that there are no additional costs required for the hefty hardware systems, simple operating systems which can be handled by any professional are bolstering the carbon dioxide monitors market value in the recent times.

Market Restraints:

The developing regions lack awareness regarding the subject and the higher cost incurred for the installation and maintenance of the device are hindering the overall growth of the carbon dioxide monitors market. 

The Fixed or wall-mounted Carbon Dioxide detectors are not considered to perform effectively as they require more saturation levels to trigger the alarm, whereas they can only detect the presence of CO2 gas-only within a 5m radius. This factor is hindering the overall growth of the Wall-mounted CO2 detector.

Market Challenges:

During the installation of the Carbon Dioxide monitors, the monitor has to be checked for calibration before making the required measurements. The user has to provide sufficient warm-up time for the device to get stabilized. Such factors have to be carried out during the installation. The lack of skilled professionals to handle the Carbon Dioxide monitors is presenting challenges for the overall growth of the Carbon Dioxide monitors market.

The prevalence of cheap CO2 detectors which have built-in software corrections that assumes the carbon dioxide gas based on the surrounding or background levels doesn’t provide legit data, therefore they are not suitable for industrial purposes. If the room is emptied, the close-up level might be changed to 400ppm, however, the original value would be 4500ppm, such misleading information on the display could be extremely hazardous.

Cumulative Growth Analysis:

The carbon dioxide monitors have been increasingly deployed in several industrial verticals, especially in enclosed areas where the risk of acquiring poor air quality is higher. Recently, the UK government has released an awareness program and increased the investment in implementing over 300,000 monitors in a portable form in classrooms where the ventilation is generally forced and every classroom will comprise around students. These initiatives are expected to keep the COVID-19 spread under control. The UK government has recommended portable CO2 monitors as they are comparatively efficient in detecting CO2 gas and are extremely convenient for users. The market value of the Carbon Dioxide monitors market is expected to surpass over USD 799.2 million by the year 2026 while registering a CAGR of 8.7%. 

Value Chain Analysis:

Carbon Dioxide monitors are gaining popularity in several developed countries owing to the potential benefits of Carbon Dioxide monitors. The emission of Carbon Dioxide gas during the industrial and commercial processes will significantly increase the crucial point above which the environmental condition will be hazardous to human health. Since Carbon Dioxide is an odorless and colorless gas, the concentration of the gas goes unnoticed unless it is monitored. A recent study shows that the concentration of Carbon Dioxide gas when goes beyond 1000 ppm is hazardous, harms the human brain, and affects sleep. Early symptoms will include dizziness and lack of focus. Such studies and government initiatives have increased awareness regarding the installation of Carbon dioxide monitors and thereby increasing the Carbon Dioxide Monitor market value in recent times. The market value of the Carbon Dioxide Monitors market in the USA reached about USD 123 million in the year 2020, due to the varied structure of the CO2 monitors like wall-mounted monitors and handheld monitors for spot-checking in industrial applications are increasingly driving the overall growth of Carbon Dioxide monitors market.

Segment Overview:

Based on Product:

• Wall-mounted carbon dioxide (CO2) monitors 


• Pipeline carbon dioxide (CO2) monitors. 

Based on Type: 

• End-tidal carbon dioxide (EtCO2) monitors 


• Transcutaneous carbon dioxide (tcpCO2) monitors.

Based On Application:

• Hospital use


• Scientific research


• Breweries


• Greenhouses


• Underground car parks


• Office buildings


• Others. 

Regional Analysis:

North America and Asia-pacific regions are expected to dominate the Carbon Dioxide Monitors market value in the forecast period, owing to the increasing cases of respiratory failures in Asia-pacific regions. Among the two configurations, the mainstream CO monitors help measure the respiratory gas directly from the airway. On the other hand, the growing geriatric population and increasing air-borne infections in North America have propelled the carbon dioxide monitors market value in recent times. With the increasing awareness across the Asia-pacific regions, the market value of the carbon dioxide monitors industry in China is expected to reach over USD 184.5 million by the year 2027 while registering a healthy CAGR of 12.9% during the forecast period.

Competitive Landscape:

• Dräger Medical GmbH


• Medtronic PLC


• OSI Systems, Inc.


• Thames Medical


• Criticare Systems, Inc.


• GE Healthcare


• Invivo


• Masimo


• Mindray North America


• Nihon Kohden Corporation


• Nonin Medical, Inc.


• Philips Healthcare


• Radiometer Medical ApS


• Smiths Medical 

Recent Developments:

In 2021, one of the main market players, UPL Ltd, teamed up with Tele sense, a US-based organization, and sent off the versatile sensor innovation, which uses an AI stage that screens a few boundaries, including temperature stickiness and CO2 levels. The joint effort has expanded the general deals rate across the USA. The observing gadget is fundamentally worked to screen the grain stockpiling, private units, essentially inside.

In 2021, the Forensic locators sent off the CO2 screens that consent to the California Assembly Bill AB 841 and are considered the most appropriate screen for the inside, for example, in homerooms, medical clinic wards, exercise centres, and workplaces. The screen has been very gainful in diminishing the COVID transmission and chance of getting an airborne disease.

Report Overview:

This report has covered:

• Market Overview


• COVID 19 Analysis


• Market Dynamics


• Cumulative Growth Analysis


• Value Chain Analysis


• Segment Overview


• Regional Analysis


• Competitive Landscape


• Recent Developments