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What's driving the Cannula Market Growth? Prominent Players Merck, AstraZeneca, AstraZeneca, Merck, Roche, Abbott, Sanofi, Sanofi, Novartis, Pfizer, Johnson & Johnson

04-23-2020 11:49 AM CET | Health & Medicine

Press release from: databridgemarketresearch

What's driving the Cannula Market Growth?

What's driving the Cannula Market Growth?

The 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.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) - Industry Trends & Forecast to 2026.

Click Here To Get Global Cannula Market Research Sample PDF Copy @https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-cannula-market&skp

Key Market Competitors: Global Cannula Market
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., BVI, Harsoria Healthcare Private Limited, CONMED Corporation, Smiths Medical, Inc., Teleflex Incorporated, ILIFE MEDICAL DEVICES PRIVATE LIMITED and Global Medikit Limited among others.

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.

Market Drivers

o 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
o Enhancing cases of surgeries among the geriatric population improves the market growth
o 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

o 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
o Market is suffering because in comparison to oral or injectable methods of treatment, IV therapy is costlier which is the major application of cannulas
o Most of the times the circulatory system is overloaded with excessive intravenous fluid and this hinders the growth of cannula in global market

Segmentation: Global Cannula Market

By Product

o Vascular Cannula
o Cardiac Cannula
o Arthroscopy Cannula
o Dermatology Cannula
o Nasal Cannula
o Others

By Type

o Neonatal
o Straight
o Winged
o Wing with Port
o Winged with Stop Cork

By Material

o Plastic Cannulas
o Silicone Cannulas
o Metal Cannulas
By End-Users
o Hospitals
o Cardiac Centers
o Ambulatory Surgical Centers
o Others

By Application

o Oxygen Therapy
o Cardiovascular Surgery
o General Surgery
o Orthopedic Surgery
o Cosmetic/Plastic Surgery
o Diabetes Treatment
o Neurology

By Geography

o Europe
o Asia-Pacific
o South America
o Middle East and Africa

Key Developments in the Market

o In January 2019, for the prevention of needle stick injuries, Hindustan Syringes and Medical Devices launched the next generation "Cathy Safety IV Cannula with SIP CLIP". Government will make use of indigenous ready availability of 'Safety Cannula' and make it mandatory for treatment of people especially those affected with serious blood borne infections like Hepatitis and HIV.
o In September 2018, Shore Capital Partners, LLC announced its acquisition of Eagle Laboratories, which is a manufacturer and distributor of ophthalmic products, focusing on single-use cannula, micro-surgical knives, and blades. In addition to it, Eagle will be offering the latest in form/fill/seal packaging technology using proven procedures to optimize efficiency and quality throughout the process. This acquisition will drive incremental growth in both the Eagle labs business and the existing Innovia platform.

Cannula Reports Includes The Following Deliverable

o Macro Indicator Analysis
o Cannula Market Overview
o Market Dynamics
o Drivers, Restraints, Opportunities and Challenges
o Market sizing and growth analysis
o Global Cannula Market forecasting to 2025
o Market Competitive Landscape
o Product Launches and Pipeline Analysis
o Value Chain Analysis
o Market Mergers, Acquisitions and Agreements
o Company Profiles

This report scope includes a holistic study of the current dynamics of the market, industry growth and restraints of the Global Cannula Market. It provides the market forecast to 2025, recent developments in the market and pipeline analysis of the major players. The report also includes a review of micro and macro forecasts, new entrant strategies, and market penetration strategies with a comprehensive value chain analysis.

Table Of Contents: Global Cannula Market
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix

Browse TOC with selected illustrations and example pages of Global Cannula Market @https://www.databridgemarketresearch.com/toc/?dbmr=global-cannula-market&skp

Key Questions Answered in Cannula Report

o What will the Global Cannula Market size be in 2025 and what will the growth rate be?
o What are the key market trends?
o What is driving this market?
o What are the challenges to market growth?
o Who are the key vendors in this market space?
o What are the market opportunities and threats faced by the key vendors?

Key Reason To Purchase The Cannula Report

1. To describe and forecast the Global Cannula Market, in terms of value, by process, product type, and industry.
2. To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
3. To describe and forecast the market, in terms of value, for various segments, by region North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
4. To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the Global Cannula Market growth
5. Market Development: Comprehensive information about emerging markets. This report analyzes the market for various trocars across geographies.
6. To strategically analyze micro markets with respect to individual growth trends, prospects, and contribution to the overall market

Key Focus Of The Cannula Report

1. This report provides pin-point analysis for changing competitive dynamics
2. It provides a forward-looking perspective on different factors driving or restraining market growth
3. It provides five-year forecast assessed on the basis of how the market is predicted to grow
4. It helps in understanding the key product segments and their future
5. It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
6. It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

Customization of the Report

o The report includes the complete segmentation displayed above across all above mentioned countries
o All products covered in the Global Cannula Market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

Any Questions? Inquire here before purchase @https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-cannula-market&skp

Note: If you have any special requirements, please let us know and we will offer you the report as you want.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe, MEA or Asia Pacific.

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About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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