According to a research report published by Spherical Insights & Consulting, the Global Nasal Cannula Market Size is Expected to Grow from USD 7.95 Billion in 2023 to USD 14.82 Billion by 2033, at a CAGR of 6.43% during the forecast period 2023-2033.

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A nasal cannula is a medical device to provides supplemental oxygen to patients experiencing breathing difficulties. It contains a flexible tube with two prongs that fit in the nostrils, so oxygen flows directly into the airways. These devices are commonly utilized in hospitals, home care facilities, and emergency care to supply oxygen flow to patients needing between low to moderate degrees of supplementation. Furthermore, an increased incidence of chronic respiratory diseases such as chronic obstructive pulmonary disorder, asthma, and smoking-associated respiratory diseases, has increased the demand for nasal cannula along with the aging population due to the need for oxygen therapy. Technological upgrades support comfort and efficiency with easy access to respiratory care that drives government initiatives. Cost is more economical compared to other available devices for oxygen delivery thereby extensively used in hospitals and homes. However, challenges to the global nasal cannula market include limited awareness in certain regions, poor healthcare infrastructure, and discomfort during long-term usage. The alternative oxygen delivery systems and risk of infection may also act as barriers to growth.

Browse key industry insights spread across 200 pages with 110 Market data tables and figures & charts from the report on the Global Nasal Cannula Market Size, Share, and COVID-19 Impact Analysis, By Type (Low Flow and High Flow), By Material (Silicon and Plastic), By End-User (Hospital, Specialty Clinic, Long Term Care Center, ASC, and Homecare), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033

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The low flow segment is expected to hold the greatest share of the global nasal cannula market during the forecast timeframe.

Based on the type, the global nasal cannula segment is categorized into low flow and high flow. Among these, the low-flow segment is expected to hold the greatest share of the global nasal cannula market during the forecast timeframe. This is attributed to delivering an accurate and controlled amount of oxygen to a patient with a respiratory disorder. Nasal cannulas are affordable and suitable for patients who require oxygen supplements in small amounts.

The plastic segment is expected to hold the greatest share of the global nasal cannula market during the forecast period.

Based on the material, the global nasal cannula market is categorized into silicon and plastic. Among these, the plastic segment is expected to hold the greatest share of the global nasal cannula market during the forecast period. This is due to nasal cannulas made of plastic are more affordable than those made of silicon and are accessible all over the world. Their affordability makes them widely used in a variety of healthcare sectors, which is selectively significant in markets with forecast constraints.

The hospital segment is expected to hold the greatest share of the global nasal cannula market during the forecast period.

Based on the end-user, the global nasal cannula market is categorized into hospital, specialty clinics, long-term care center, ACS, and homecare. Among these, the hospital segment is expected to hold the greatest share of the global nasal cannula market during the forecast period. This is caused by the growing number of elderly people, and patients with chronic respiratory conditions. The market may expand as a result of growing patient and healthcare professional awareness of the benefits of early respiratory problem diagnosis and treatment.

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North America is expected to hold the greatest share of the global nasal cannula market over the projected timeframe.

North America is expected to hold the greatest share of the global nasal cannula market over the projected timeframe. High rates of respiratory conditions, advanced medical facilities, and advantageous pay practices are the main drivers of this region’s market expansion. The presence of leading industry players, cutting-edge technology, and a strong emphasis on enhancing respiratory care distinguish this region and add to its dominance in the nasal cannula market. The increase in the prevalence of respiratory conditions like COPD and asthma propels market expansion in this area. Additionally, customers can now purchase products at reasonable prices thanks to the expansion of domestic and foreign manufacturing firms. These factors are driving the nasal cannula market’s expansion in North America over the forecast period.

Asia Pacific is anticipated to grow at a rapid rate in the global nasal cannula market during the forecast period. Growing local manufacturing and more healthcare funding are driving market expansion. As the population became older, respiratory conditions including asthma and chronic obstructive pulmonary disease increased. Furthermore, during the forecast period, the Asia-Pacific nasal cannula market is expected to develop due to enhanced healthcare facilities, a more comprehensive approach to healthcare services, and rising demand for home healthcare solutions.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global nasal cannula market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

Major vendors in the global nasal cannula market are ResMed Inc., Teleflex Incorporated, Fisher & Paykel Healthcare Limited, Allied Healthcare Products, Inc., Vygon, Salter Labs, Besmed Health Business Corp., Great Group Medical Co. Ltd., Drive DeVilbiss Healthcare, Progetti S.r.l., Flexicare Medical, MAQUET Holding B.V. & Co. KG, GALEMed Corporation, Fairmont Medical, Vapotherm Inc., Smiths Medical, and others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development

• In June 2023, Flexicare successfully purchased Clement Clarke International (CCI), a well-known respiratory solutions medical device manufacturer with headquarters in the UK. With more than 100 years of experience, CCI is a well-known brand in the industry for its products, which include the highly regarded Peak Flow Meter. Flexicare wants to use its experience in diagnosing and treating respiratory conditions to invest in CCI’s portfolio development. This acquisition demonstrates Flexicare’s dedication to providing cutting-edge medical devices all over the world.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global nasal cannula market based on the below-mentioned segments:

Global Nasal Cannula Market, By Type

• Low Flow
• High Flow

Global Nasal Cannula Market, By Material

• Silicon
• Plastic

Global Nasal Cannula Market, By End-User

• Hospital
• Specialty Clinic
• Long Term Care Center
• ASC
• Homecare

Global Nasal Cannula Market, Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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