Cannula Market Research, 2033
The global cannula market size was valued at $171.9 million in 2023, and is projected to reach $316.9 million by 2033, growing at a CAGR of 6.7% from 2024 to 2033.
Market Definition and Overview
A cannula is a medical device that consists of a thin tube inserted into the body for the delivery or removal of fluids, medications, or gases. Cannulas are commonly used in various medical procedures, including intravenous (IV) therapy, anesthesia administration, blood transfusions, and drainage of fluids from the body. The design of a cannula can vary depending on its intended use. Some cannulas have a sharp, pointed tip for piercing through tissues, while others have a blunt tip for safer insertion into delicate areas. They are typically made of materials such as plastic, metal, or silicone.
Cannulas are used in both clinical settings, such as hospitals and healthcare facilities, and in home healthcare settings. They play a crucial role in providing patients with necessary medications, fluids, or treatments, as well as assisting in diagnostic and therapeutic procedures.
Key Takeaways
- The cannula market forecast study covers 20 countries. The research includes a segment analysis of each country in terms of value ($million) for the projected period from 2024 to 2033.
- More than 1, 500 product literatures, industry releases, annual reports, and other such documents of major cannula industry participants along with authentic industry journals, trade associations' releases, and government websites have been reviewed for generating high-value industry insights.
- The study integrates high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach intends to provide a balanced view of global markets and assist stakeholders in making informed decisions in order to achieve their most ambitious growth objectives.
Key Market Segments
- By Product
- Nasal Cannula
- Vascular Cannula
- Venous Cannula
- Cardiac Cannula
- Arthroscopy Cannula
- Intravenous Cannula
- Dermatology Cannula,
- Others
- By Application
- Orthopedics Surgery
- General Surgery
- Cardiovascular Surgery
- Plastic Surgery
- Oxygen Therapy
- Others
- By End User
- Hospitals
- Clinics
- Ambulatory Surgery Centers
- Others
- By Region
- North America
- Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of LAMEA
Key Market Players
- Flexicare Medical
- Edward Lifesciences
- LivaNova
- Becton Dickinson (BD)
- Boston Scientific Corporation
- Medtronic
- Terumo Corporation
- Fisher & Paykel Healthcare Ltd
- Medin Medical Innovations
- Smiths Medical