Global nasal cannulae market is expected to grow at a significant CAGR of 5.89% by 2023 as the scope and its applications are rising enormously across the globe. Nasal cannulae are a device used to deliver increased airflow or supplemental oxygen to patients who are finding it difficult to breathe on their own. A flexible lightweight tube comprises two small prongs at one end that is inserted inside the nostrils. Straight and flared cannula prongs are the two main types of oxygen nasal cannula.
The factors that are playing a major role in the growth of the nasal cannulae market are the increasing respiratory disorders among the populace, the rising acceptance of disposable nasal cannulae, and the low-cost of high-flow cannulae. However, cross-contamination of reusable cannulas may restrain overall market growth in the years to come. The market is segmented based on product type, application, and region.
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High-flow and low-flow nasal cannulae are the product types that could be explored in market in the forecast period. The high-flow nasal cannulae sector may account for the substantial share of nasal cannulae market and is estimated to lead the overall market in the years to come. The reason could be the rising demand during respiratory failure, supports nasal oxygen therapy, and the growing demand to treat cardiogenic pulmonary edema, viral pneumonia, carbon monoxide poisoning, pulmonary embolism, interstitial pneumonia, and acute asthma.
The market may be categorized based on end-users like ambulatory surgical centers (ASCs), hospitals, and others that could be explored in the forecast period. The hospital sector may account for the substantial market share of nasal cannulae and is estimated to lead the overall market in the years to come. The reason behind the overall sector could be the growing number of patients that rely on hospitals, help to procure nasal cannulas in bulk, offers advanced oxygen therapies during emergency treatment, and are sponsored by government organizations, reimbursement authorities, and other suppliers.
The nasal cannulae market is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Middle East (UAE, Saudi, and Qatar) and Africa (South Africa).
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Globally, North America may account for the substantial market share of nasal cannulae and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the growing occurrence of chronic respiratory diseases like pulmonary embolism, chronic obstructive pulmonary disease (COPD), pneumonia, and asthma. The United States and Canada are the major consumers of nasal cannulae in this region.
The key players of the nasal cannulae market are Teleflex, Flexic are Medical, Smiths Medical, Medin Medical Innovations, Salter Labs, Allied Healthcare Products, HUM - Gesellschaftfür Homecare und Medizintechnik, and Fisher & Paykel Healthcare. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
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The factors that are playing a major role in the growth of the nasal cannulae market are the increasing respiratory disorders among the populace, the rising acceptance of disposable nasal cannulae, and the low-cost of high-flow cannulae. However, cross-contamination of reusable cannulas may restrain overall market growth in the years to come. The market is segmented based on product type, application, and region.
Download Free Sample Report @ https://www.radiantinsights.com/research/global-nasal-cannulae-market-outlook-2018-2023/request-sample
High-flow and low-flow nasal cannulae are the product types that could be explored in market in the forecast period. The high-flow nasal cannulae sector may account for the substantial share of nasal cannulae market and is estimated to lead the overall market in the years to come. The reason could be the rising demand during respiratory failure, supports nasal oxygen therapy, and the growing demand to treat cardiogenic pulmonary edema, viral pneumonia, carbon monoxide poisoning, pulmonary embolism, interstitial pneumonia, and acute asthma.
The market may be categorized based on end-users like ambulatory surgical centers (ASCs), hospitals, and others that could be explored in the forecast period. The hospital sector may account for the substantial market share of nasal cannulae and is estimated to lead the overall market in the years to come. The reason behind the overall sector could be the growing number of patients that rely on hospitals, help to procure nasal cannulas in bulk, offers advanced oxygen therapies during emergency treatment, and are sponsored by government organizations, reimbursement authorities, and other suppliers.
The nasal cannulae market is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Middle East (UAE, Saudi, and Qatar) and Africa (South Africa).
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-nasal-cannulae-market-outlook-2018-2023
Globally, North America may account for the substantial market share of nasal cannulae and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the growing occurrence of chronic respiratory diseases like pulmonary embolism, chronic obstructive pulmonary disease (COPD), pneumonia, and asthma. The United States and Canada are the major consumers of nasal cannulae in this region.
The key players of the nasal cannulae market are Teleflex, Flexic are Medical, Smiths Medical, Medin Medical Innovations, Salter Labs, Allied Healthcare Products, HUM - Gesellschaftfür Homecare und Medizintechnik, and Fisher & Paykel Healthcare. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
Read all Reports of this category @ https://www.radiantinsights.com/catalog/medical-devices
About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assists and facilitate organizations and individuals procure market research reports, helping them in the decisions making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.
Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Phone: (415) 349-0054
Toll Free: 1-888-928-9744
Address: 201 Spear Street 1100, Suite 3036,
City: San Francisco; State: California; Country: United States
Email: sales@radiantinsights.com
Website: https://www.radiantinsights.com/
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