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(Medical-NewsWire.com, November 17, 2017 ) According to the report Cannula Market, published by Market Data Forecast, the Global market is projected to reach USD 202.9 billion by 2022, at a CAGR of 5.7% from 2017 to 2022
A tube which is generally used to administer or extraction of fluid from the body is known as cannula. It is used to extend the effective length of a needle by more than half of its original length by surrounding the needle. They are available in different sizes and can be used depending on the situation. Some types of cannula are used to administer oxygen or to establish a bypass in cardiac surgery.
Get a comprehensive overview of the Cannula Market: http://www.marketdataforecast.com/market-reports/cannula-market-3948/
Cannula Market: Drivers & Restraints
Increasing number of surgical and diagnostic procedures, growing expenditure on healthcare and increasing investments in research and development of healthcare infrastructure are driving the market growth. Increasing demand for minimally invasive surgical procedures is also expected to drive the market.
However, increased risk of infections during a procedure and improper regulatory guidelines are hindering the market growth.
Get accurate market forecast and analysis on the Cannula Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/cannula-market-3948/request-sample
Cannula Market: Segmentation
By Application
• Oxygen Therapy
• General Surgery
• Cardiovascular Surgery
• Plastic Surgery
• Orthopaedic Surgery
• Other Applications
By Product
• Vascular Cannulas
• Cardiac Cannulas
• Arthoscopy Cannulas
• Nasal Cannulas
• Dermatology Cannulas
• Other Products
By Material
• Metal
• Silicone
• Plastic
By End Users
• Hospitals
• Ambulatory Surgical Centres
• Other End Users
By Geography
• North America
o United States
o Canada
• Europe
o U.K
o Spain
o Germany
o Italy
o France
• Asia Pacific
o China
o India
o Japan
o Australia
o South Korea
• Latin America
o Brazil
o Argentina
o Mexico
o Rest of Latin America
• Middle East & Africa
o Middle East
o Africa
From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at: http://www.marketdataforecast.com/market-reports/cannula-market-3948/customize-report
Cannula Market: Overview
Based on product, vascular cannulas are the largest market segment. It is due to the large number of vascular diseases and surgical procedures performed every day. Nasal cannulas is expected to be the fastest growing product segment due to the increasing number of people with breathing problems which might be fatal during a surgical procedure. Based on material, material and plastic comprise majority of the cannulas manufactured.
North America leads the cannula market due to the highly developed healthcare facilities and large number of surgical procedures performed in this region. Asia Pacific is expected to be the fastest growing market due to the rapidly growing healthcare sector in the developing countries of this region.
Cannula Market: Key Players
Key players operating in the Cannula market are Medtronic plc (U.S.), Edward Lifesciences Corp. (U.S.), Terumo Corporation (Japan), Sorin Group (Italy), and Maquet Holding B.V. & Co. KG (Germany).
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