Global Nasal Cannula Market 2024-2028

Global Nasal Cannula Market 2024-2028

The nasal cannula market is forecasted to grow by USD 189.5 mn during 2023-2028, accelerating at a CAGR of 4.49% during the forecast period. The report on the nasal cannula market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing prevalence of smoking, increasing geriatric population, and high adoption rate for single-use nasal cannula.

Technavio's nasal cannula market is segmented as below:

By Product

• High flow nasal cannula
• Low flow nasal cannula

By Geography

• North America
• Europe
• Asia
• Rest of World (ROW)

This study identifies the growing popularity of heated humidified high-flow nasal cannula as one of the prime reasons driving the nasal cannula market growth during the next few years. Also, increasing focus on curved and flared prongs nasal cannula and focus on developing advanced nasal cannula for neonates and pediatric patients will lead to sizable demand in the market.

The report on the nasal cannula market covers the following areas:

• Nasal cannula market sizing
• Nasal cannula market forecast
• Nasal cannula market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading nasal cannula market vendors that include Airways surgical Pvt. Ltd., B.Braun SE, Besmed Health Business Corp., ConvaTec Group Plc, Fisher and Paykel Healthcare Corp. Ltd., Flexicare Group Ltd., GaleMed Corp., Great Group Medical Co. Ltd., Hamilton Co., HUM GmbH, ICU Medical Inc., JG Moriya, Masimo Corp., Medical Depot Inc., Neotech Products LLC, ResMed Inc., Smiths Group Plc, Sunset Healthcare Solutions Inc., and Teleflex Inc.. Also, the nasal cannula market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.