High Flow Nasal Cannula Market Scope, Growth, Size and Share by 2031
High Flow Nasal Cannula Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 7.2 Billion |
Market Size by 2031 | US$ 18.5 Billion |
Global CAGR (2023 - 2031) | 12.5% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
High Flow Nasal Cannula Market News and Recent Developments
The high flow nasal cannula market is evaluated by gathering qualitative and quantitative data from primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the high flow nasal cannula market are listed below:
- Masimo announced the U.S. introduction of softFlow, innovative pulmonary care therapy which provides nasal high-flow warmed and humidified respiratory gases to spontaneously breathing patients. (Source: Masimo, Press Release, April 2021)
- Fisher & Paykel Healthcare Corporation Limited announced that it has released the Airvo 3 high flow system. This device incorporates the company’s OptiO2™ closed-loop system for targeted oxygen delivery, which helps to ensure the patient is provided the right level of oxygen. Other new features include an integrated battery, a large touchscreen interface, expanded settings for pediatric and neonatal patients, and an increased maximum flow rate of 70 litres per minute compared to 60 litres per minute on the Airvo 2. (Source: Fisher & Paykel Healthcare Limited, Press Release, May 2022)
High Flow Nasal Cannula Market Report Coverage and Deliverables
The “High Flow Nasal Cannula Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- High Flow Nasal Cannula market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- High Flow Nasal Cannula market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- High Flow Nasal Cannula market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the High Flow Nasal Cannula market
- Detailed company profiles