Global Nasal Cannula Market 2020-2024 The analyst has been monitoring the nasal cannula market and it is poised to grow by $ 290.12 mn during 2020-2024 progressing at a CAGR of 8% during the forecast period. Our report on nasal cannula market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing prevalence of chronic respiratory diseases, high adoption rate for single-use nasal cannula and availability of advanced nasal cannula with soft material. In addition, increasing prevalence of chronic respiratory diseases is anticipated to boost the growth of the market as well.
The nasal cannula market analysis includes product segment, end-user segment and geographical landscapes.
The nasal cannula market is segmented as below: By Product
• High-flow nasal cannula
• Low-flow nasal cannula
By Geographical Landscapes
• North America
• Europe
• Asia
• ROW
This study identifies the growing popularity of heated humidified high-flow nasal cannula as one of the prime reasons driving the nasal cannula market growth during the next few years. Also, increasing focus on curved and flared prongs nasal cannula and focus on developing advanced nasal cannula for neonates and pediatric patients will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on nasal cannula market covers the following areas:
• Nasal cannula market sizing
• Nasal cannula market forecast
• Nasal cannula market industry analysis
Our reports have been used by over 10K customers, including:
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Respiratory Device
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China
United States
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