Global Medical Cannula Market, By Product Type (Cardiac Cannula, Vascular Cannula, Arthroscopy Cannula, Dermatology Cannula, Nasal Cannula, Others), Type (Neonatal, Straight, Winged, Wing with Port, Winged with Stop Cork), Medical Procedure (Vascular Access, Surgery, Intubation, Lipofilling, Suction, Irrigation, Biopsy, Insufflation, Hysterography, Insemination, Cardioplegia), Size (14G, 16G, 18G, 20G, 22G, 24G, 26G), Material (Latex, Latex-Free, Neoprene), End Users (Hospitals, Ambulatory Surgical Center, Clinics, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2027
Medical cannula market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to grow at a CAGR of 6.17% in the above-mentioned forecast period.
The growing number of surgeries among the geriatric population has been driving the market and is acting as a potential driver for the medical cannula market over the forecast period of 2020 to 2027. The increased patient preference for minimally invasive surgeries is also contributing towards the growth of the target market. The technological advancements leading to effectual clinical use of medical cannula, rapid increase in the number of patients with cardiovascular ailments and other chronic diseases such as diabetes, growing infant mortality rate, improving healthcare infrastructure in emerging economies along with advanced cannula with enhanced features facilitate shorter procedure duration and faster patient Recovery are also increasing the medical cannula market size. Moreover, the increasing incidence of lifestyle-related diseases such as obesity is actively driving the growth of the target market. In addition, the rising demand of cannula in home healthcare and presence of various manufacturers focusing on offering customized products to meet varied needs will flourish various growth opportunities for the medical cannula market in the above mentioned forecast period.
However, the undecided regulatory framework in the medical device industry will obstruct the growth of the medical cannula market in the forecast period of 2020 to 2027. The lack of skilled workforce followed by error in cannulation will pose as challenges towards the growth of the market in the above mentioned forecast period.
This medical cannula market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on medical cannula market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Medical Cannula Market Scope and Market Size
Medical cannula market is segmented on the basis of product type, type, medical procedure, size, material and end users. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the medical cannula market is segmented into cardiac cannula, vascular cannula, arthroscopy cannula, dermatology cannula, nasal cannula and others.
- Based on type, the medical cannula market is segmented into neonatal, straight, winged, wing with port and winged with stop cork.
- On the basis of medical procedure, the medical cannula market is segmented into vascular access, surgery, intubation, lipofilling, suction, irrigation, biopsy, insufflation, hysterography, insemination and cardioplegia.
- The size segment is segmented into 14G, 16G, 18G, 20G, 22G, 24G and 26G.
- Based on material, the medical cannula market is segmented into latex, latex-free and neoprene.
- Based on end users, the medical cannula market is divided into hospitals, ambulatory surgical center, clinics and others.
Global Medical Cannula Market Country Level Analysis
Medical cannula market is analyzed and market size insights and trends are provided by country, product type, type, medical procedure, size, material and end users as referenced above.
The countries covered in the medical cannula market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the medical cannula market owing to the availability of advanced healthcare infrastructure and rising awareness regarding minimally invasive surgeries in this particular region. Asia-Pacific is expected to grow over the forecast period of 2020 to 2027 owing to the strong presence of a massive patient pool associated with a high proportion of geriatrics suffering from chronic diseases in the region.
The country section of the medical cannula market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
Medical cannula market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for medical cannula market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the medical cannula market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Medical Cannula Market Share Analysis
Medical cannula market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to medical cannula market.
The major players covered in the medical cannula market report are Boston Scientific Corporation, B. Braun Melsungen AG., LivaNova PLC, Teleflex Incorporated, Conmed Corporation, Sorin Group, Edward Lifescience Corporation, Medtronic, Harsoria Healthcare Pvt. Ltd., Innovia Medical LLC, Entrhal Medical GmbH, Terumo Corporation, BD, Smith & Nephew, Ypsomed Holding AG, Getinge AB, Maquel Holding, Rose Medical, Mondern Grinding and Avalon among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.