The global Cannula Market research report 2028, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.
This Cannula market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.
The cannula market is expected to witness market growth at a rate of 6.55% in the forecast period of 2021 to 2028 and is expected to reach USD 33,787.91 million by 2028.
Top Companies in the Global Cannula Market:
Medtronic, Edward Lifescience Corporation, La-med Healthcare Pvt. Ltd, Terumo Corporation, GENERAL ELECTRIC COMPANY, Boston Scientific Corporation, DePuy Synthes, Denex International, LivaNova PLC, Smith Nephew, MRK Healthcare Pvt. Ltd., BVI, Harsoria Healthcare Private Limited, CONMED Corporation, Smiths Medical, Inc., Teleflex Incorporated, ILIFE MEDICAL DEVICES PRIVATE LIMITED, among others.
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Market Segmentation:
The cannula market is segmented on the basis of product, type, material, size, application and end-users. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the cannula market is segmented into vascular cannula, cardiac cannula, arthroscopy cannula, dermatology cannula, nasal cannula and others.
- On the basis of type, the cannula market is segmented into neonatal, straight, winged, wing with port and winged with stop cork.
- On the basis of material, the cannula market is segmented into plastic cannulas, silicone cannulas and metal cannulas.
- On the basis of size, the cannula market is segmented into 14G, 16G, 18G, 20G, 22G, 24G and 26G.
- On the basis of application, the cannula market is segmented into oxygen therapy, cardiovascular surgery, general surgery, orthopedic surgery, cosmetic/plastic surgery, diabetes treatment, neurology and others.
- On the basis of end-users, the cannula market is segmented into hospitals, cardiac centers, ambulatory surgical centers and others.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
North America dominates the cannula market because of the availability of advanced healthcare infrastructure and high awareness about minimally invasive surgeries among patients and physicians. Asia-Pacific is estimated to grow in the forecast period of 2021-2028 due to the presence of a massive patient pool, favorable government policies to transform healthcare practices and high proportion of geriatrics suffering from chronic disease in the region.
The country section of the cannula market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The cannula market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for cannula market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the cannula market. The data is available for historic period 2011-2019.
Browse The Report Description:
https://www.databridgemarketresearch.com/reports/global-cannula-market
Cannula refers to a flexible hollow tube is sharp and has a retractable inner core implanted into an artery or a vein, or other body cavity. The tube enables drawing of the fluid or provides medication intravenously. It is generally utilized for procedures such as medication or obtaining blood samples. They extensively used for cases of cardiovascular diseases.
The increase in the infant mortality rate across the globe acts as one of the major factors driving the growth of the cannula market. The initiatives taken by the government with the purpose of providing primary healthcare services at affordable rates to the people and rise in the in awareness about minimally invasive surgeries accelerate the cannula market growth. The emergence of number of medical ailments because of sedentary lifestyle, consumption of alcohol, smoking and unhealthy eating habits and the improving healthcare infrastructure in emerging economies further influence the cannula market. Additionally, the change in lifestyles of people, growing geriatric population, rise in awareness regarding various diseases and surge in healthcare expenditure positively affect the cannula market. Furthermore, rise in demand of cannula in home healthcare and emerging nations extend profitable opportunities to the cannula market players in the forecast period of 2021 to 2028.
On the other hand, uncertain regulatory framework in the medical device sector is expected to obstruct the cannula market growth. The high competition is projected to challenge the cannula market in the forecast period of 2021-2028.
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