{"product_id":"cannula-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","title":"Cannula Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028","description":"\u003cp\u003eCannula Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028\u003cbr\u003e\nMarket Overview:\u003c\/p\u003e\n\n\u003cp\u003eThe global cannula market size reached US$ 149.3 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 219.1 Million by 2028, exhibiting a growth rate (CAGR) of 7.1% during 2023-2028.\u003c\/p\u003e\n\n\u003cp\u003eA cannula is a small hollow tube with a sharp and retractable inner core that is inserted into a vein, artery or body cavity to administer medication and draw off fluids. Several types of cannula are available for performing different procedures. For instance, an intravenous cannula is used in cardiac surgery by establishing cardiopulmonary bypass. Similarly, a nasal cannula is utilized for administering oxygen by running the plastic tubing beneath the nose. Additionally, it is widely used for injecting fillers as it causes lesser pain, reduces the risk of bleeding and bruising, and provides greater flexibility as compared to hypodermic needles. Owing to its numerous attributes, it finds extensive applications in hospitals, ambulatory surgery centers (ASCs), blood banks, laboratories and pathology labs across the globe.\u003c\/p\u003e\n\n\u003cp\u003eCannula Market Trends:\u003cbr\u003e\nThe growing global population, which is more susceptible to chronic medical disorders, represents one of the key factors positively influencing the demand for cannulas. In addition, changing dietary patterns and the rising prevalence of lifestyle diseases, such as obesity, diabetes, and hypertension, are increasing the number of surgical procedures, which, in turn, is contributing to the market growth. Along with this, rising incidences of cardiovascular diseases and the shifting preference toward minimally invasive surgeries (MIS) are propelling the market growth. Besides this, the increasing influence of social media and the growing traction of cosmetic surgeries are creating a positive outlook for the market. Furthermore, governments of various countries are introducing numerous policies for providing primary healthcare services, coupled with continuous advancements in healthcare facilities, which are further bolstering the market growth. Moreover, increasing investments by leading market players in research and development (R\u0026amp;D) activities to introduce more advanced product variants are anticipated to drive the market.\u003c\/p\u003e\n\n\u003cp\u003eKey Market Segmentation:\u003cbr\u003e\nIMARC Group provides an analysis of the key trends in each sub-segment of the global cannula market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, application, type, size, material and end user.\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Product:\u003c\/p\u003e\n\n\u003cp\u003eCardiac Cannulas\u003cbr\u003e\nNasal Cannulas\u003cbr\u003e\nVascular Cannulas\u003cbr\u003e\nDermatology Cannulas\u003cbr\u003e\nArthroscopy Cannulas\u003cbr\u003e\nOthers\u003c\/p\u003e\n\n\u003cp\u003eCardiac cannulas currently represent the largest market segment due to the growing global population and the rising prevalence of cardiovascular diseases across the globe.\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Type:\u003c\/p\u003e\n\n\u003cp\u003eNeonatal Cannulas\u003cbr\u003e\nStraight Cannulas\u003cbr\u003e\nWinged Cannula\u003cbr\u003e\nWing with Port Cannula\u003cbr\u003e\nOthers\u003c\/p\u003e\n\n\u003cp\u003eStraight cannulas are the most used variants as they are equipped with an extra sharp needle that makes it easier to insert into veins or arteries.\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Size:\u003c\/p\u003e\n\n\u003cp\u003e14G\u003cbr\u003e\n16G\u003cbr\u003e\n18G\u003cbr\u003e\n20G\u003cbr\u003e\n22G\u003cbr\u003e\n24G\u003cbr\u003e\n26G\u003c\/p\u003e\n\n\u003cp\u003e18 G cannulas account for the majority of the global cannula market share as they are extensively used in hospitals to infuse products and deliver medications.\u003c\/p\u003e \n\n\u003cp\u003eBreakup by Material:\u003c\/p\u003e\n\n\u003cp\u003ePlastic (PVC) Cannulas\u003cbr\u003e\nSilicone Cannulas\u003cbr\u003e\nMetal Cannulas (Stainless Steel)\u003c\/p\u003e\n\n\u003cp\u003ePlastic (PVC) cannulas currently hold the largest market share due to their widespread adoption in both in-patient and out-patient procedures.\u003c\/p\u003e\n\n\u003cp\u003eBreakup by Application:\u003c\/p\u003e\n\n\u003cp\u003eCardiovascular Surgery\u003cbr\u003e\nOxygen Therapy\u003cbr\u003e\nGeneral Surgery\u003cbr\u003e\nCosmetic\/Plastic Surgery\u003cbr\u003e\nOrthopedic Surgery\u003cbr\u003e\nOthers \u003cbr\u003e\n \u003cbr\u003e\nBreakup by End-User:\u003c\/p\u003e\n\n\u003cp\u003eHospitals\u003cbr\u003e\nAmbulatory Surgery Centers (ASCs)\u003cbr\u003e\nOthers\u003c\/p\u003e\n\n\u003cp\u003eHospitals presently dominate the market on account of the rising prevalence of chronic medical disorders and increasing accidents and the hospitalization rate.\u003c\/p\u003e \n\n\u003cp\u003eBreakup by Region:\u003c\/p\u003e\n\n\u003cp\u003eNorth America\u003cbr\u003e\nUnited States\u003cbr\u003e\nCanada\u003cbr\u003e\nAsia Pacific\u003cbr\u003e\nChina\u003cbr\u003e\nJapan\u003cbr\u003e\nIndia\u003cbr\u003e\nSouth Korea\u003cbr\u003e\nAustralia\u003cbr\u003e\nIndonesia\u003cbr\u003e\nOthers\u003cbr\u003e\nEurope\u003cbr\u003e\nGermany\u003cbr\u003e\nFrance\u003cbr\u003e\nUnited Kingdom\u003cbr\u003e\nItaly\u003cbr\u003e\nSpain\u003cbr\u003e\nRussia\u003cbr\u003e\nOthers\u003cbr\u003e\nLatin America\u003cbr\u003e\nBrazil\u003cbr\u003e\nMexico\u003cbr\u003e\nOthers\u003cbr\u003e\nMiddle East and Africa\u003cbr\u003e\n \u003cbr\u003e\nCompetitive Landscape:\u003cbr\u003e\nThe competitive landscape of the industry has also been examined with some of the key players being Boston Scientific Corporation, CONMED Corporation, Edwards Lifesciences, Medtronic Plc, Smith \u0026amp; Nephew PLC, Smiths Medical Inc., LivaNova Plc, Teleflex Incorporated, Terumo Corporation, etc.\u003c\/p\u003e\n\n\u003cp\u003eKey Questions Answered in This Report\u003c\/p\u003e\n\n\u003cp\u003e1. What was the size of the global cannula market in 2022?\u003cbr\u003e\n2. What is the expected growth rate of the global cannula market during 2023-2028?\u003cbr\u003e\n3. What are the key factors driving the global cannula market?\u003cbr\u003e\n4. What has been the impact of COVID-19 on the global cannula market?\u003cbr\u003e\n5. What is the breakup of the global cannula market based on the product?\u003cbr\u003e\n6. What is the breakup of the global cannula market based on the type?\u003cbr\u003e\n7. What is the breakup of the global cannula market based on size?\u003cbr\u003e\n8. What is the breakup of the global cannula market based on the material?\u003cbr\u003e\n9. What is the breakup of the global cannula market based on the end user?\u003cbr\u003e\n10. What are the key regions in the global cannula market?\u003cbr\u003e\n11. Who are the key players\/companies in the global cannula market?\u003c\/p\u003e","brand":"Life Science","offers":[{"title":"October, 2023 \/ 145 Pages \/ MCW16248121","offer_id":47670759948594,"sku":null,"price":2999.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/cannula-market-global-industry-trends-share-size-growth-opportunity-and-forecast-2023-2028","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}