Press release
High-Flow Nasal Cannula Industry Is Forecast To Display A Strong CAGR Of 11.8%ย By 2032
The market for high-flow nasal cannulas is expected to see extensive use of high-flow oxygen treatment for acute respiratory failures. Market share is expected to increase due to the distinctive benefits of high-flow nasal cannulas and the patients' increasing acceptance of this treatment approach. With an excellent CAGR of 11.4%, the Acute Respiratory Failures category will represent around three tenths of the high-flow nasal cannula market.The segment on sleep apnea comes after the segment on acute respiratory failures. By providing a steady flow of oxygen through the nasal cannula and relieving upper airway blockage, high-flow nasal cannula devices are helpful in this area. The market for high-flow nasal cannula is also predicted to grow as sleep apnea becomes more common. Throughout the forecast period, a 13.5% CAGR is predicted.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.factmr.com/connectus/sample?flag=S&rep_id=4777?PS
During the projection period, it is anticipated that the high-flow nasal cannula market would exhibit a strong CAGR of 11.8%. (2020-2025). It is also projected that the market for high-flow nasal cannulas will grow as a result of technological developments by major market participants. Clinical trials to assess new application areas will also create new business opportunities.
The Global Burden of Disease Study from 2013 estimates that 300 million individuals worldwide experienced COPD in that year. This is due to an increase in smoking addiction, worsening air quality, and rising pollution worldwide. The prevalence of respiratory conditions will increase market advantages.
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.factmr.com/connectus/sample?flag=RC&rep_id=4777
High-flow Nasal Cannula Market Segmentation
Fact.MR has studied the high-flow nasal cannula market with detailed segmentation on the basis of component, application, end-user and key regions.
By Component :
โข Air/Oxygen Blend
โข Air Humidifier
โข Single Heated Tube
โข Nasal Cannula
โข Other Consumables
By Application :
โข Acute Respiratory Failure
โข Chronic Obstructive Pulmonary Disease (COPD)
โข Carbon Monoxide Toxicity
โข Bronchiectasis
โข Sleep Apnea
โข Other Applications
By End-user :
โข Hospitals
โข Long-term Care Centers
โข Ambulatory Care Centers
โข Tomosynthesis
โข Other End-users
Key Regions :
โข North America
โข Europe
โข Asia Pacific
โข Latin America
โข Middle East & Africa
The high-flow nasal cannula market is dispersed globally. Four of the current competitors hold three-tenths of the market share. These businesses are Telefax Inc., ResMed Inc., BD/CareFusion, and Fisher & Paykel Healthcare Limited. By utilising technical developments to innovate their product portfolios, these players are gaining market share.
The study further identifies major manufacturing trends, technologies that will be commercialized
โข Key manufacturing trends in end-use industries;
โข New technologies used in a variety of application areas
โข Key manufacturing trends in end-use industries
โข New technologies used in a variety of application areas; Major economic shocks, such as the recent COVID-19 pandemic
โข Country markets that will emerge as hotbeds of opportunity;
โข Regulatory frameworks that will shape the strategies of key players in key regions in the High-flow Nasal Cannula market
โข Key technological trends and the likely rate of commercialization of novel technologies in key industries and allied industries
๐๐ฒ๐ ๐๐๐น๐น ๐๐ฐ๐ฐ๐ฒ๐๐ ๐ผ๐ณ ๐๐ผ๐บ๐ฝ๐น๐ฒ๐๐ฒ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.factmr.com/checkout/4777
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E: sales@factmr.com
About Fact.MR
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.
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