The global demand for Nasal Oxygen Cannula Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
Nasal oxygen cannula is also known as a nasal cannula, is a medical device used to increase airflow to a patient or to deliver supplemental oxygen to the patient in need of respiratory assistance. The cannula delivers oxygen in a variable manner, the amount of oxygen supplied depends on the patient's breathing rate and pattern. These are lightweight, easy to use, and affordable, could be used in a variety of hospital settings, at home, or on-the-go.
Increasing disorders and chronic diseases along with growing healthcare spending is driving the growth of the market. Currently, nasal oxygen cannula is facing critical needs. Due to the coronavirus pandemic outbreak, there has been an exponential increase in demand for nasal oxygen cannula, creating an opportunity for the market. Administering highly-concentrated oxygen therapy, delivered through the cannula to an infected person, is identified as one of the key supportive medical therapies by the World Health Organisation to bring relief and healing to individuals severely impacted by the coronavirus. This has brought rapid growth in nasal oxygen cannula consumption. In response to the big spike in demand, players are increasing their production by adding production shifts and extending hours across facilities.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of Nasal Oxygen Cannula.
The entire Nasal Oxygen Cannula market has been sub-categorized into product, application, and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Low-Flow Nasal Oxygen Tube
- High-Flow Nasal Oxygen Tube
By End Users
- Chronic Obstructive Pulmonary Disease (COPD)
- Acute Respiratory Failure
- Carbon Monoxide Toxicity
- Ambulatory Service Centres (ASC)
This section covers regional segmentation which accentuates on current and future demand for Nasal Oxygen Cannula market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Nasal Oxygen Cannula Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Nasal Oxygen Cannula market include Sunset Healthcare Solutions Inc., Flexicare Ltd., Medin Medical Innovations GmbH, Salter Labs, Smiths Medical. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.