Cannula Market by Product Type, Distribution Channel, End User 2023-2028

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Copyright © IMARC Service Pvt Ltd. All Rights Reserved Global Cannula Market Research and Forecast Report 2023-2028
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Global Cannula Market Research Report:

The latest report by IMARC, titled “ Cannula Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” the global cannula market reached a value of US$ 149.3 Million in 2022.

A cannula can be defined as a hollow, flexible tube with a sharp, retractable inner core that can be inserted into a vein, body cavity or artery. It is used to remove fluids or gather samples from the body or deliver fluids to the body. There are different kinds of cannulas available for a range of procedures in different sizes. Cannulas are now also being used over hypodermic needles for injecting fillers due to their associated benefits like greater flexibility, less risk of bruising or bleeding, and reduced pain. As a result, they find applications in blood banks, hospitals, pathology labs, and ambulatory surgery centers (ASCs).

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Global Cannula Market Trends:

One of the major factors impelling the market growth is the continuing spread of the coronavirus disease (COVID-19). The pandemic has led to a spike in the hospitalization of the affected patients, which, in turn, has stimulated the demand for cannulas. Apart from this, the rising cases of cardiovascular diseases over the past decade and the increasing inclination toward minimally invasive surgeries (MIS) are also contributing to the market growth. Furthermore, several manufacturers are introducing advanced cannulas, which is creating a positive outlook for the market. For instance, Uni-flo2 Single Nasal Cannula by UPODS, LLC and 3B Medical’s Freedom X oxygen cannula are designed to offer maximum comfort to the patients while receiving oxygen.

Similarly, Medtronic has launched Kyphon Cannula in 2020 for balloon kyphoplasty surgeries in the United States. Some of the other factors bolstering the market growth are the rising popularity of cosmetic surgeries, increasing advancements in medical sciences, and favorable government policies for offering primary healthcare services. On account of these factors, the market is expected to grow at a CAGR of 7.1% during the forecast period (2023-2028).

Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

Report Description Report Description and Highlights

Report Description Report Description and Highlights

Market Summary:

Breakup by Product:

• Cardiac Cannulas

• Nasal Cannulas

• Vascular Cannulas

• Dermatology Cannulas

• Arthroscopy Cannulas

• Others

Breakup by Type:

• Neonatal Cannulas

• Straight Cannulas

• Winged Cannula

• Wing with Port Cannula

• Others

Breakup by Size:

• 14G

• 16G • 18G

• 20G

• 22G

• 24G

• 26G

Breakup by Material:

• Plastic (PVC) Cannulas

• Silicone Cannulas

• Metal Cannulas (Stainless Steel)

Breakup by Application:

• Cardiovascular Surgery

• Oxygen Therapy

• General Surgery

• Cosmetic/Plastic Surgery

• Orthopedic Surgery

• Others

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Breakup by End-User:

• Hospitals

• Ambulatory Surgery Centers (ASCs)

• Others

Breakup by Region:

• North America

• United States

• Canada

• Asia Pacific

• China

• Japan

• India

• South Korea

• Australia

• Indonesia

• Others

• Europe

• Germany

• France

• United Kingdom

• Italy

• Spain

• Russia

• Others

• Latin America

• Brazil

• Mexico

• Others

• Middle East and Africa

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Competitive Landscape with Key Players:

• Boston Scientific Corporation

• CONMED Corporation

• Edwards Lifesciences

• Medtronic Plc

• Smith & Nephew PLC

• Smiths Medical Inc.

• LivaNova Plc

• Teleflex Incorporated

• Terumo Corporation

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© 2019 IMARC All Rights Reserved

This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).

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