Global Cannula Market 2020:Competitor Analysis By Edward Lifescience Corporation, La-med Healthcare Pvt. Ltd., Terumo Corporation, GENERAL ELECTRIC COMPANY

Global cannula market is estimated to grow to USD 222.09 million by 2026 growing at a substantial CAGR during the forecast period of 2019 to 2026. The rise in market value can be factored to the growing preference of minimally invasive surgical procedures from the patients.

Market Definition: Global Cannula Market

Cannula is a flexible hollow tube which is sharp and has a retractable inner core implanted into an artery or a vein, or other body cavity, allowing to draw the fluid or to provide medication intravenously. It is basically used for procedures like infusing medication or obtaining blood samples. The maximum usage of cannula is done in the case of cardiovascular diseases. With the advancement of technology, cannulas are being used by health care professionals as well for surgical use.

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This cannula report broadly encompasses absolute and distinct analysis of the market drivers and restraints, major market players involved in the healthcare industry, exhaustive analysis of the market segmentation, and competitive analysis of the key players. All the data and information involved in the cannula report is taken from incredibly trustworthy sources such as websites, annual reports of the companies, white papers, journals, newspapers, and mergers. A number of estimations and calculations have been executed in this cannula market analysis report by assuming definite base year and the historic year.

Companies dealing with the usage or manufacturing of this product in the global cannula market are

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.,

Market Drivers

An increase in obesity rate increasing the prevalence of various chronic diseases, majorly diabetes requiring insulin injections is expected to drive the growth of the market
Enhancing cases of surgeries among the geriatric population improves the market growth
Rise in the levels of expenditure incurred by the government and private sources on research & development to further the advancements and innovations in the market

Market Restraints

Inadequate skill and knowledge from the healthcare professionals resulting in complications in cannula insertion; this factor is expected to restrain the growth of the market
Market is suffering because in comparison to oral or injectable methods of treatment, IV therapy is costlier which is the major application of cannulas
Most of the times the circulatory system is overloaded with excessive intravenous fluid and this hinders the growth of cannula in global market

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Segmentation: Global Cannula Market

By Product

(Vascular Cannula, Cardiac Cannula, Arthroscopy Cannula, Dermatology Cannula, Nasal Cannula, Others),

Type

(Neonatal, Straight, Winged, Wing with Port, Winged with Stop Cork),

Material

(Plastic Cannulas, Silicone Cannulas, Metal Cannulas),

End-Users

(Hospitals, Cardiac Centers, Ambulatory Surgical Centers, Others),

Application

(Oxygen Therapy, Cardiovascular Surgery, General Surgery, Orthopedic Surgery, Cosmetic/Plastic Surgery, Diabetes Treatment, Neurology, Others),

Size

(14G, 16G, 18G, 20G, 22G, 24G, 26G),

Geography

(North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)

What does this report offers?-:

Developing patterns alongside critical drivers, difficulties and conceivable outcomes.
Fortifies decision making capabilities of market players.
Statistics of the market in form of graphs, pictures, pie-charts and tables.
Detailed knowledge of Cannula market.

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