The Testo 535 is a CO2 measuring instrument that operates on an infrared absorption principle, with a measuring range from 0 to 9,999 ppm and includes essential operating instructions and safety warnings. It offers features like a memory function for current, maximum, and minimum values, and requires proper handling to maintain accuracy and calibration. The device has a battery life of over 4 hours, an LCD display, and is designed for ambient temperatures ranging from 0 to +50°C.