Market Share's Nasal Cannula Market Forecasting to Development | Page 2

In addition, rising consumer awareness and favorable initiatives undertaken by local governments across the globe to
offer primary healthcare services at inexpensive rates are expected to stimulate the growth of nasal cannula market
over the forecast period. Furthermore, rising medical issues due to changing lifestyle and food habits are predicted to
positively impact industry performance in the upcoming years.
Nasal cannulas are increasingly adopted in hospitals, ambulatory surgical centers (ASC), blood banks, laboratories,
pathology labs, and other healthcare settings. In hospitals, nasal cannula is adopted during different surgical
procedures such as orthopedic surgery, cardiovascular surgery, dermatology, neurology, gynecology, oxygen therapy,
and many more.
The market is broadly categorized into two major segments based on the application type such as nasal high flow
therapy and supplemental oxygen. Supplemental oxygen segment is growing rapidly in the market with substantial
revenue generation in the last few years. Growing popularity of nasal cannula in supplemental oxygen segment is
attributed to the increased usage during oxygen therapy.
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The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has
shown major growth in recent years owing to the rise in the implementation of latest technologies in healthcare sector,
surge in number of research & development activities and existence of well-established medical infrastructure in the
region. In European region, Germany, France, and United Kingdom are projected to witness steady growth due to the
presence of several online & offline distribution channels.
Asia-Pacific region is estimated to hold major share in the nasal cannula industry with massive growth in forecast
period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth,
rising healthcare infrastructural spending, increasing awareness level among general public and significant investment
by leading industry players considering potential growth opportunities in the region.
The key players in the nasal cannula market are Fisher & Paykel Healthcare Ltd., ResMed, Inc., Teijin Pharma Ltd.,
Becton, Inc., Dickinson & Co., MEK-ICS CO., LTD., Teleflex Inc., Smiths Medical Co., Vapotherm, Inc., Flexicare Medical
Ltd., Hamilton Medical Ltd., TNI medical AG, and Great Group Medical Co., Ltd.
Market Segment:
This report studies Nasal Cannula in Global market, especially in North America, Europe, China, Japan, India and
Southeast Asia, focuses on top manufacturers in global market, with sales, price, revenue and market share for each
manufacturer, covering
• Medtronic