Angiostomy cannula market is estimated to be valued at US$ 136.5 Mn in 2020 and is expected to exhibit a CAGR of 6.9% during the forecast period (2020-2027).

"Angiostomy Cannula Market, Drug Price, Sales and Clinical Trials Insight 2028" Report Highlights:

Number Of Pages In This Research Report: 123 Pages
Angiostomy Cannula Market Opportunity: US$ 215 Million by 2028
Angiostomy Cannula Market Growth: 100% Absolute Growth Till 2028
Angiostomy Cannula Market Size Opportunity by Therapeutic Class
Insight On Clinical Trials by Company, Indication, Patient Segment and Phase
Insight on FDA Approved in the Market
Price, Dosage, Patent and Sales Insight on Angiostomy Cannula Market

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Overview:

Angiostomy cannula is a thin tube that is inserted into the body veins to introduce medication, remove fluid, or insert a surgical equipment. Various types of cannula are arterial cannula, venous cannula, oral nasal cannula, or nasal cannula. Moreover, they are available in various sizes, such as violet (26G), yellow (24G), blue (22G), pink (20G), green (18G), grey (16G), and orange (14G). However, the type and size cannula depends on the age of the patient, the body, and the application of the cannula.

In 2020, the global angiostomy cannulas market is estimated valued at US$ 136.5 million and is expected to exhibit a CAGR of 6.9% during the forecast period (2020-2027).

Drivers:

Increase in government expenditure is expected to augment growth of the global angiostomy cannula market over the forecast period. For instance, in August 2019, as per the Australian Institute of Health and Welfare Hospitals 2017-18 report, in Australia, funding for hospital services increased by 1.8% per year in public hospitals and by 2.9% per year in private hospitals, between 2016-2017 and 2017-2018.

Furthermore, the growing geriatric population and increasing number of surgical procedures worldwide is expected to propel the global angiostomy cannula market growth.

Angiostomy Cannula Market – Competitive Landscape

Key players functioning in the global prosthetic liners market consists of Smith & Nephew, Maquet Holding B.V. & Co. KG., Sorin Group, Edward Lifescience Corporation, Medtronic plc, Terumo Corporation, Medline Industries, Inc., Cardinal Health, Boston Scientific Corporation, Teleflex Incorporated, Conmed Corporation, Dolphin Surgicals, Micromed International, Goodhealth Inc., and BioTek Instruments, Inc.

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