High-flow Nasal Cannula Market become worth US$9.08 bn by 2025

Global High-flow Nasal Cannula Market: Rising Respiratory Diseases Bolster Demand, finds TMR

As per a study by Transparency Market Research, the global high-flow nasal cannula market will expand at a steady pace in the upcoming years. The report estimates that the market was worth US$3.42 bn 2016. Rising at a solid CAGR of 11.8% during the period between 2017 and 2025, the market will likely attain a value of US$9.08 bn by 2025, it predicts.

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The High-flow Nasal Cannula Market is segmented on the basis of expression system, application, end user and region.

Application-wise, the key segments of the global high-flow nasal cannula market are acute respiratory failure, acute heart failure, chronic obstructive pulmonary disease (COPD), carbon monoxide toxicity, sleep apnea, bronchiectasis, etc. The acute respiratory failure segment, of them, held a major share in the market in 2016. It was followed by chronic obstructive pulmonary disease segment. This is because of the rampant acute respiratory failure in newborns, children, and adults.

From a geographical perspective, currently North America holds a dominant share in the global high-flow nasal cannula market mainly because of the substantial increase in the number of people afflicted with respiratory diseases. Affordability, awareness and helpful healthcare and reimbursement policies are also benefitting the market majorly. By registering an 11.2% CAGR between 2017 and 2025, the market in the region is predicted to grow its dominant share further. The TMR report expects the market to rake in a revenue of US$3.91 bn by 2025.

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Summary of Table of Content :

1. Preface
2. Assumptions and Research Methodology
3. Executive Summary : Global High-flow Nasal Cannula Market
4. Market Overview
5. Global High-flow Nasal Cannula Market Analysis and Forecasts, By Component
6. Global High-flow Nasal Cannula Market Analysis and Forecasts, By Application
7. Global High-flow Nasal Cannula Market Analysis and Forecasts, By End User
8. Global High-flow Nasal Cannula Market Analysis and Forecasts, By Region
9. North America High-flow Nasal Cannula Market Analysis and Forecast
10. Europe High-flow Nasal Cannula Market Analysis and Forecast
11. Asia Pacific High-flow Nasal Cannula Market Analysis and Forecast
12. Latin America High-flow Nasal Cannula Market Analysis and Forecast
13. Middle East & Africa High-flow Nasal Cannula Market Analysis and Forecast
14. Competition Landscape
15. Key Take Aways

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About TMR

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

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This release was published on openPR.