The size of the global cannula market was valued at USD 171.6 Million in 2020. It is estimated to be growing at a CAGR of 5.84% to reach USD 227.9 Million by 2025.
The cannula is a tube inserted into the body for purposes such as injection of fluid, removal of fluid, and data collection. A cannula can cover the inner and outer layers of a trocar needle, thus increasing the needle's effective length by about half the original length of the needle.
In veterinary applications, it is used to relieve cattle from bloating and pressure in the abdomen, which is most commonly caused by the accidental consumption of legume. They are also used in the insertion of VeriChip. In aesthetic medicine, it finds its application in the form of the blunt-tip cannula, which has a small tube with an edge used for subdermal injection of gels or fluids. It is also used in liposuction procedures for injecting cosmetic wrinkle filters like collagen and hyaluronic acid. A push-pull cannula, which can both inject and withdraw fluid, is used to study the effects of different chemicals on a cell.
The driving factors of the global Cannula market are advancements in healthcare facilities, a rising number of surgeries, a large number of patients, growing investment in research and development, rising investments by government, and the growing number of minimally invasive procedures, among others.
However, the global cannula market is constrained by factors like uncertain frameworks in regulations.
REPORT COVERAGE:
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2019 to 2025 |
|
Base Year |
2019 |
|
Forecast Period |
2020 to 2025 |
|
Segments Analysed |
By Product, Application, Material, End User, and Region |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Analysed |
North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
This research report on the global cannula market has been segmented and sub-segmented based on the product, application, material, end-user, and region.
Cannula Market - By Product:
Based on the product, the Dermatology cannulas segment is expected to be the fastest-growing in the segment.
Cannula Market - By Application:
Based on the application, Plastic surgery has the highest growth rate in the segment.
Cannula Market - By Material:
Cannula Market - By End Users:
Cannula Market - By Region:
Geographically, North America accounted for the leading share in the global cannula market in 2019 and forecasted that the same trend would be continuing during the forecast period, followed by Europe and the Asia Pacific regions. Asia Pacific region is expected to have the fastest growth rate during the forecast period.
NOTEWORTHY COMPANIES IN THIS MARKET
The most promising companies leading the global cannula market profiled in this report are Medtronic plc (U.S.), Edward Lifesciences Corp. (U.S.), Terumo Corporation (Japan), Sorin Group (Italy), and Maquet Holding B.V. & Co. KG (Germany).
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Application
5.1.1 Oxygen Therapy
5.1.2 General Surgery
5.1.3 Cardiovascular Surgery
5.1.4 Plastic Surgery
5.1.5 Orthopaedic Surgery
5.1.6 Other Applications
5.1.7 Y-o-Y Growth Analysis, By Application
5.1.8 Market Attractiveness Analysis, By Application
5.1.9 Market Share Analysis, By Application
5.2 Product
5.2.1 Vascular Cannulas
5.2.2 Cardiac Cannulas
5.2.3 Arthoscopy Cannulas
5.2.4 Nasal Cannulas
5.2.5 Dermatology Cannulas
5.2.6 Other Products
5.2.7 Y-o-Y Growth Analysis, By Product
5.2.8 Market Attractiveness Analysis, By Product
5.2.9 Market Share Analysis, By Product
5.3 Material
5.3.1 Metal
5.3.2 Silicone
5.3.3 Plastic
5.3.4 Y-o-Y Growth Analysis, By Material
5.3.5 Market Attractiveness Analysis, By Material
5.3.6 Market Share Analysis, By Material
5.4 End Users
5.4.1 Hospitals
5.4.2 Ambulatory Surgical Centres
5.4.3 Other End Users
5.4.4 Y-o-Y Growth Analysis, By End Users
5.4.5 Market Attractiveness Analysis, By End Users
5.4.6 Market Share Analysis, By End Users
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Application
6.1.3.2 By Product
6.1.3.3 By Material
6.1.3.4 By End Users
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Application
6.1.4.2 By Product
6.1.4.3 By Material
6.1.4.4 By End Users
6.1.5 Market Share Analysis
6.1.5.1 By Application
6.1.5.2 By Product
6.1.5.3 By Material
6.1.5.4 By End Users
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Medtronic plc
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Edward Lifesciences Corp.
8.3 Terumo Corporation
8.4 Sorin Group
8.5 Maquet Holding B.V. & Co. KG
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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