Cannula Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Cannula is a thin tube inserted into a blood vessel or body cavity to administer medication or removal of fluid, or insert a surgical instrument. Cannulas surround the inner or outer surfaces of a trocar needle which further extends the needle length by at least half the length of the original needle. These are of different types like intravenous (IV) cannulation, nasal cannulation and oral-nasal cannulation. Venous cannulas are inserted into the veins for administration of intravenous fluids, or medicines. An arterial cannula is inserted into an artery, and is used major operations and in critical care areas to measure beat-to-beat blood pressure and to draw repeated blood samples. Cannulas also has wide applications in veterinary and aesthetic medicine.

MARKET DYNAMICS

The Cannula market is anticipated to grow in the forecast period owing to key factors such as increasing prevalence of chronic diseases, growing number of minimally invasive surgeries, growing elderly population, and rising government support and investments for medical research. Uncertain regulatory framework in the medical device industry and complications associated with the cannulas like hematoma, embolism and others hamper the market growth.

MARKET SCOPE

The "Global Cannula Market Analysis to 2031" is a specialized and in-depth study of the medical device industry with a focus on the global market trend. The report aims to provide an overview of global Cannula market with detailed market segmentation by application, product, material, end user and geography. The global Cannula market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Cannula market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global cannula market is segmented on the basis of application, product, material, and end user. Based on application, the cannula market is segmented as cardiovascular surgery, oxygen therapy, general surgery, cosmetic/plastic surgery, orthopedic surgery, others. By product the market is segmented into cardiac cannulas, nasal cannulas, vascular cannulas, dermatology cannulas, arthroscopy cannulas, other cannulas. Based on material, the cannula market is segmented as plastic (PVC) cannulas, silicone cannulas, metal cannulas. Based on end user, the cannula market is segmented as hospitals, ambulatory surgical centers (ASC), other.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global cannula market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The cannula market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting cannula market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the cannula market in these regions.

MARKET PLAYERS

The reports cover key developments in the cannula market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from cannula market are anticipated to lucrative growth opportunities in the future with the rising demand for cannula market in the global market. Below mentioned is the list of few companies engaged in the cannula market.

The report also includes the profiles of key cannula market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

• Medtronic
• Edward Lifescience Corporation
• TERUMO CORPORATION
• Smith & Nephew
• LivaNova PLC
• CONMED Corporation
• Teleflex Incorporated
• Boston Scientific Corporation
• Smiths Medical
• ASICO, LLC.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Cannula Report Scope