NASAL CANNULA MARKET ANALYSIS
Nasal Cannula Market by Product Type (Low-flow Cannula, High-flow Cannula, and Others), by Application (Cancer, Respiratory Diseases, Cardiovascular Diseases, and Others), by End User (Hospitals, Neonatal Intensive Care Units, Home Care Settings, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026
Nasal cannula is considered as an essential part for airway management. It is a hollow tube consisting of two prongs that facilitates the oxygen airflow into the body through the nostrils. The source of oxygen to these cannulas is generally a portable generator. It generally provides 25% of oxygen rate but can be extended up to 95% and the flow is approximately 1 to 6 liters per minute. Some of the advanced nasal cannulas allow a flow rate of around 40 liters per minute. It is used for those who suffer from stroke, chronic obstructive pulmonary diseases, or have difficulties related to respiratory management and in neonatal infants. These cannulas are considered as lightweight, easy to use, and economical.
Market Dynamics
Factors such as technological development of products, increasing prevalence of chronic diseases, and frequent initiatives taken by government and other organizations related to respiratory diseases is supporting the global nasal cannula market growth. For instance, in October 2016, Fisher and Paykel Healthcare conducted a study of Optiflow nasal high therapy in comparison with non-invasive ventilation. The study was conducted in three intensive care units. It was revealed that nasal high flow cannula was as much effective as non–invasive ventilation for prevention of reintubation and post-extubation respiratory failure in patients. Moreover, increasing prevalence of stroke may lead to higher adoption of nasal cannula as hypoxemia (a condition in which body does not have enough oxygen) is common in acute ischemic stroke. According to Centers for Disease Control and Prevention 2017 data, in every 4 minutes, someone in the U.S. gets a stroke. These factors are expected to support global nasal cannula market growth over the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global nasal cannula market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2018–2026), considering 2017 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
- It profiles key players in the global nasal cannula market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
- Key companies covered as a part of this study include, Sunset Healthcare Solutions Inc., Flexicare Ltd., Medin Medical Innovations GmbH, Salter Labs, Smiths Medical, Teleflex Inc., Neotech Products, Fairmont Medical, Medline Industries Inc., and Hamilton Medicals
- Insights from this report would allow marketers and management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- The global nasal cannula market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global nasal cannula market
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Detailed Segmentation:
- Global Nasal Cannula Market, By Product Type:
- Low-flow Cannula
- High-flow Cannula
- Others
- Global Nasal Cannula Market, By Application:
- Cancer
- Respiratory Diseases
- Cardiovascular Diseases
- Others
- Global Nasal Cannula Market, By End User :
- Hospitals
- Neonatal Intensive Care Units (NICUs)
- Home Care Settings
- Others
- Global Nasal Cannula Market, By Region:
- North America
- By Product Type:
- Low-flow Cannula
- High-flow Cannula
- Others
- By Application:
- Cancer
- Respiratory Diseases
- Cardiovascular Diseases
- Others
- By End User:
- Hospitals
- Neonatal Intensive Care Unit (NICU)
- Home Care Settings
- Others
- By Country:
- U.S.
- Canada
- Europe
- By Product Type:
- Low-flow Cannula
- High-flow Cannula
- Others
- By Application:
- Cancer
- Respiratory Diseases
- Cardiovascular Diseases
- Others
- By End User:
- Hospitals
- Neonatal Intensive Care Unit (NICU)
- Home Care Settings
- Others
- By Country:
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Product Type:
- Low-flow Cannula
- High-flow Cannula
- Others
- By Application:
- Cancer
- Respiratory Diseases
- Cardiovascular Diseases
- Others
- By End User:
- Hospitals
- Neonatal Intensive Care Unit (NICU)
- Home Care Settings
- Others
- By Country:
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- By Product Type:
- Low-flow Cannula
- High-flow Cannula
- Others
- By Application:
- Cancer
- Respiratory Diseases
- Cardiovascular Diseases
- Others
- By End User:
- Hospitals
- Neonatal Intensive Care Unit (NICU)
- Home Care Settings
- Others
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East
- By Product Type:
- Low-flow Cannula
- High-flow Cannula
- Others
- By Application:
- Cancer
- Respiratory Diseases
- Cardiovascular Diseases
- Others
- By End User:
- Hospitals
- Neonatal Intensive Care Unit (NICU)
- Home Care Settings
- Others
- By Country:
- GCC
- Israel
- Rest of Middle East
- Africa
- By Product Type:
- Low-flow Cannula
- High-flow Cannula
- Others
- By Application:
- Cancer
- Respiratory Diseases
- Cardiovascular Diseases
- Others
- By End User:
- Hospitals
- Neonatal Intensive Care Unit (NICU)
- Home Care Settings
- Others
- By Country/Region:
- Central Africa
- South Africa
- North Africa
- Company Profiles
- Sunset Healthcare Solutions Inc.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Flexicare Ltd.
- medin Medical Innovations GmbH
- Salter Labs
- Smiths Medical
- Teleflex Inc.
- Neotech Products
- Fairmont Medical
- Medline Industries Inc.
- Hamilton Medicals
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