Top key players operating in global cannula market are Boston Scientific Corporation, Medtronic, Edward Lifescience Corporation, Terumo Corporation, Johnson & Johnson Services, Inc., Sorin Group, Smith & Nephew PLC., Conmed Corporation, Smiths Group plc, Harsoria Healthcare Pvt. Ltd., ISPG Inc., Teleflex Incorporated, Ilife Medical Devices Private Limited, General Electric Company, Danaher, Maquet Holding B.V. & Co. KG., Harsoria Healthcare Pvt. Ltd., Global Medikit Limited, La-med Healthcare Pvt. Ltd., MRK Healthcare Pvt. Ltd., Beaver-Visitec International, Denex International, among others.
Pune, India -- (SBWIRE) -- 05/21/2018 -- Global Cannula Market accounted to USD 110.8 million in 2016 growing at a CAGR of 5.8% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major market drivers and restraints:
Growing Amount of Surgeries Among the Aging Population
Nonexistence of Guidelines and Regulations
Developing Markets
Rising Obesity Rate
Market Definition:
Cannula is a hollow tube with a sharp, retractable inner core implanted into an artery or a vein, or other body cavity, which is done to draw the fluid or to provide medication intravenously. Growing number of surgeries and minimally invasive procedures along with increasing patient pool and cultivating health care infrastructure and conditions in emerging economies are few of the leading factors that are driving the cannula market.
Scope of the Report:
By product the global cannula market is segmented into vascular cannula, cardiac cannula, arthroscopy cannula, dermatology cannula, nasal cannula, and others.
The others segment is again sub-segmented into floating spinal cannulas, vitreoretinal cannulas, and hysterosalpingography cannulas.
On the basis of material the global cannula market is segmented into plastic cannulas, silicone cannulas, and metal cannulas.
On the basis of application the global cannula market is segmented into oxygen therapy, cardiovascular surgery, general surgery, orthopedic surgery, diabetes treatment, neurology, and others.
On the basis of end-user the global cannula market is segmented into hospitals, cardiac centers, ambulatory surgical centers, blood banks and home healthcare facilities.
On the basis of geography, global cannula market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Competitive Analysis:
The global cannula market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cannula market for global, Europe, North America, Asia Pacific and South America.
Research Methodology:
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or drop down your inquiry.
Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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