What is Nasal Cannulae Market?
Nasal cannulas are medical devices used to deliver oxygen to people who don’t otherwise get enough of it. It consists of a flexible tube that is placed under the nose. It provides high flows of blended humidified air and oxygen via wide-bore nasal cannulae and may be useful in providing respiratory support for adult patients experiencing acute respiratory failure in the intensive care unit (ICU). They are typically used to treat people who have respiratory conditions such as asthma, bronchopulmonary dysplasia, or underdeveloped lungs in newborns, chronic obstructive pulmonary disease (COPD), cystic fibrosis, pneumonia and sleep apnea.
The market study is being classified by Type (Low-flow Cannula, High-flow Cannula and Others), by Application (Hospitals, Neonatal Intensive Care Units, Home Care Settings and Others) and major geographies with country level break-up.
Fisher & Paykel Healthcare (New Zealand), Flexicare Medical Ltd. (India), GaleMed Corporation (United States), Asid Bonz GmbH (Germany), Besmed Health Business Corp. (Taiwan), DeVilbiss Healthcare LLC (United States), EndoChoice, Inc. (United States), medin Medical Innovations GmbH (Germany), Salter Labs Inc. (United States) and Southmedic Inc. (Canada) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Sturdy Industrial Co., Ltd. (Taiwan) and Vyaire Medical, Inc. (United States).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Nasal Cannulae market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Nasal Cannulae market by Type, Application and Region.
On the basis of geography, the market of Nasal Cannulae has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Prevalence of Respiratory Diseases among People
- Growing Healthcare Infrastructure in Developing Regions
Market Trend
- Increasing Number of Hospitals and Clinics
- Increased Research and Development Activities
Restraints
- Complications Associated with Nasal Cannulae
Opportunities
- Growth in the Healthcare Sector Worldwide
- Huge Investments by Major Players
- Opportunities from Developing Regions
Challenges
- Stringent Government Rules and Regulations
Key Target Audience
Nasal Cannulae Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users
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