According to the recent report by IMARC Group, titled “Cannula Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global cannula market grew at a CAGR of about 7% during 2021-2026.
Cannula refers to a tiny hollow tube with a sharp and retractable inner core inserted into an artery, vein, or body cavity to administer medication and draw out body fluids. Several types of cannula are used to perform multiple procedures, including a nasal cannula for providing artificial oxygen and an intravenous cannula in surgeries. Moreover, it is often utilized to inject fillers as cannula causes less pain, minimizes the risk of bleeding and bruising, and provides more flexibility than hypodermic needles. Owing to these factors, cannula is widely used in hospitals, ambulatory surgery centers (ASCs), blood banks, laboratories, pathology labs, etc.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Cannula Market Trends:
The growing prevalence of several chronic diseases, along with the rising number of medical surgeries, are primarily driving the demand for cannula. Additionally, the increasing geriatric population and the elevating inclination towards minimally invasive surgeries (MIS) are also propelling the market growth. The escalating influence of social media trends and the growing consumer consciousness towards physical appearance are bolstering the utilization of cannula in cosmetic surgeries. Besides this, the implementation of stringent government policies pertaining to product safety standards has led to the emergence of sterile and high-grade cannulas, which is expected to further catalyze the market growth in the coming years.
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Global Cannula Market 2021-2026 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Boston Scientific Corporation, CONMED Corporation, Edwards Lifesciences, Medtronic Plc, Smith+Nephew, Smiths Medical Inc., LivaNova Plc, Teleflex Incorporated, Terumo Corporation, etc.
The report has segmented the market on the basis of product, Type, Size, Material, Application,User and Region.
Breakup by Product:
- Cardiac Cannulas
- Nasal Cannulas
- Vascular Cannulas
- Dermatology Cannulas
- Arthroscopy Cannulas
Breakup by Type:
- Neonatal Cannulas
- Straight Cannulas
- Winged Cannula
- Wing with Port Cannula
Breakup by Size:
Breakup by Material:
- Plastic (PVC) Cannulas
- Silicone Cannulas
- Metal Cannulas (Stainless Steel)
Breakup by Application:
- Cardiovascular Surgery
- Oxygen Therapy
- General Surgery
- Cosmetic/Plastic Surgery
- Orthopedic Surgery
Breakup by End-User:
- Ambulatory Surgery Centers (ASCs)
Breakup by Region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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