Global High-flow Nasal Cannula Market Booming Trends and Forecast Assessment for the Period 2017 – 2025

In order to study the various trends and patterns prevailing in the overall market for “High-flow Nasal Cannula”, Market Research Reports Search Engine (MRRSE) has included a new report titled “High-flow Nasal Cannula Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

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Some of the prominent participants in the global high-flow nasal cannula market are Fisher & Paykel Healthcare Limited, ResMed, Inc., Teijin Pharma Limited, Becton, Dickinson and Company, MEK-ICS CO., LTD., Teleflex Incorporated, Smiths Medical, Vapotherm, Inc., Flexicare Medical Limited, Salter Labs, Hamilton Medical, TNI medical AG, and Great Group Medical Co., Ltd. Of them, Fisher & Paykel Healthcare Limited emerged as the market leader in 2016.

As per a study by Mrrse, the global high-flow nasal cannula market will expand at a steady pace in the upcoming years. The report estimates that the market was worth US$3.42 bn 2016. Rising at a solid CAGR of 11.8% during the period between 2017 and 2025, the market will likely attain a value of US$9.08 bn by 2025, it predicts.

The global high-flow nasal cannula market can be divided on the basis of components into air/oxygen blender, nasal cannulas, active humidifier, single heated tube, and other consumables. The segment of active humidifier, among them, accounted for a leading share in the market in 2016. In the next couple of years too, active humidifiers are predicted to hold on to their leading shares because of continued innovations in humidifiers by manufacturers and health care solution providers in order to up their efficacy.

Geographically, the key segments of the global high-flow nasal cannula market are North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among them, North America accounts for maximum market share market owing to a growing patient base suffering from respiratory diseases. Apart from that, lower prices, awareness and helpful healthcare and reimbursement policies are also benefitting the market majorly. By registering an 11.2% CAGR between 2017 and 2025, the market in the region is predicted to grow its dominant share further. The MRRSE report expects the market to rake in a revenue of US$3.91 bn by 2025.

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The global market for high-flow nasal cannula is being fuelled majorly by the rising instances of respiratory disorders and surging popularity of heated humidified high-flow nasal cannulas. Another factor proving beneficial to the market is the investments in research and development programs by companies to come up with better products leveraging more sophisticated technologies. This enables them to add to their product portfolio and steal a march over their competitors.

The report also profiles major players in the global high-flow nasal cannula market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Major players profiled in this report includes Fisher & Paykel Healthcare Limited, ResMed, Inc., Teijin Pharma Limited, Becton, Dickinson and Company, MEK-ICS CO., LTD., Teleflex Incorporated, Smiths Medical, Vapotherm, Inc., Flexicare Medical Limited, Salter Labs, Hamilton Medical TNI medical AG, Great Group Medical Co., Ltd., and others.

The Global High-flow nasal cannulas Market is segmented as given below:

Global High-flow nasal cannulas Market, by Component

Air/Oxygen Blender
Active Humidifier
Single Heated Tube
Nasal Cannulas
Other Consumables

Global High-flow nasal cannulas Market, by Application

Acute Respiratory Failure
Chronic Obstructive Pulmonary Disease (COPD)
Acute Heart Failure
Carbon Monoxide Toxicity
Sleep Apnea
Bronchiectasis
Other Applications

Global High-flow nasal cannulas Market, by End User

Long-term Care Centers
Ambulatory Care Centers
Other End-users

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