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Nasal Cannula Market Size, Share, Growth Analysis, and Report 2024-2031

09-10-2024 08:31 AM CET | Health & Medicine

Press release from: DataM Intelligence 4Market Research

Nasal Cannula Market || 2024-2031

Nasal Cannula Market || 2024-2031

Nasal Cannula Market size was valued at US$ 6,387.61 million in 2023 and is estimated to reach US$ 10,085.39 million by 2031, growing at a CAGR of 5.84% during the forecast period (2024-2031).

The nasal cannula is a medical device designed to deliver high-flow or supplemental oxygen to patients with respiratory disorders. It enhances oxygenation and improves ventilation by channeling oxygen through a tube that branches into two prongs at one end, which are positioned in the nostrils.
The Nasal Cannula Market study provides a comprehensive analysis of the market, including both quantitative and qualitative data. It offers a detailed outlook and forecast for the global market, segmented by various factors to provide a clear understanding of current trends and future growth opportunities.

Get a Free Sample Research PDF - https://www.datamintelligence.com/download-sample/nasal-cannula-market

Market Dynamics:

The increasing research and development investments and novel technological advancements are expected to drive the market's growth.

The nasal cannula market is experiencing growth driven by several factors, including advancements in technology, an increasing geriatric population, rising investments in research and development, and a growing prevalence of respiratory disorders such as asthma and COPD. Additionally, improvements in medical infrastructure in emerging markets are contributing to market expansion.

The nasal cannula is crucial for providing supplemental oxygen to patients with breathing disorders. The COVID-19 pandemic prompted governments to initiate various funds and programs to meet the demand for essential healthcare products, including nasal cannulas. These initiatives are expected to boost production and availability of these devices.

The market's growth is also supported by technological advancements and the introduction of innovative products by key players. For example, in May 2022, Fisher & Paykel Healthcare Corporation launched its Airvo 3 high-flow system, an upgrade from the Airvo 2. The Airvo 3 features advanced Optiflow therapy with an OptiO2 closed-loop system for precise oxygen delivery, an integrated battery, and a large touchscreen interface. This new technology is expected to significantly impact the market by providing enhanced functionality and improved patient care.

Segment Covered in the Nasal Cannula Market:

By Product Type: High-flow Cannula, Low- flow Cannula, Others.

By Usability: Reusable Nasal Cannula, Disposable Nasal Cannula.

By Material: PVC, Silicone, Metal, Others.

By Application: Cancer, Cardiovascular Diseases, Respiratory Diseases, Others.

By End-User: Hospitals, Home Care Settings, Neonatal Intensive Care Units, Ambulatory surgical centers (ASCs), Others.

Get Customization in the report as per your requirements: https://www.datamintelligence.com/customize/nasal-cannula-market

Key players involved in Nasal Cannula Market:

• Smith's Medical (ICU Medical)
• Teleflex Inc.
• Medline Industries Inc.
• Hamilton Medicals
• Neotech Products
• Medin Medical Innovations GmbH
• Flexicare Ltd.
• Fairmont Medical
• Fisher & Paykel Healthcare Limited
• Sunset Healthcare Solutions Inc.

Related Reports:

Patient Monitoring Accessories Market: https://www.datamintelligence.com/research-report/patient-monitoring-accessories-market

Incontinence Devices Market: https://www.datamintelligence.com/research-report/incontinence-devices-market

Neonatal Monitors Market: https://www.datamintelligence.com/research-report/neonatal-monitors-market

Product Portfolio:

Portex First Breath

The Portex First Breath nasal cannula is designed to deliver oxygen at low and medium concentrations. It features both flared and non-flared tips, making it versatile for use across different patient groups. This device is suitable for adults, neonates, and pediatric patients, providing flexibility in a range of clinical settings.

Regional Analysis:

The Nasal Cannula Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Nasal Cannula Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

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