Cannula Market Research Report - Global Forecast till 2023

Global Cannula Market Research Report: by Product (Cardiac, Nasal, Vascular, Dermatology, Arthroscopy, Other), by Material (Plastic, Silicone, Metal), by Application (Cardiovascular Surgery, Oxygen Therapy, General Surgery, Other), End User - Forecast Till 2023

ID: MRFR/MED/5472-HCR | February 2021 | Region: Global | 90 pages

Market Scenario:


Global Cannula Market share is expected to grow significantly over the forecast period. It is anticipated that the market held a valuation of USD 113 Million in 2017 and is projected to grow at a CAGR of 6.7% over the forecast period. Cannula is a bendable hollow tube with a retractable and sharp inner core. It is inserted into a vein or an artery or in other body cavities of a patient for the removal or delivery of fluids during surgeries or medical investigational procedures like infusing medication or obtaining blood samples.
Demand for surgical procedures is increasing across the world as surgery has become standard treatment for various health conditions. It is noted that the rising number of surgical procedures is the key factor driving the cannula market. According to the Australian Institute of Health and Welfare, during 2015–16, there were 10.6 million hospitalisations, and 1 in 4 hospitalisations involved a surgical procedure
Various other factors such as increasing demand of cannulas for ocular surgeries, developing healthcare infrastructure and increasing research & development activities related to healthcare are also expected to propel the growth of the market. According to a study published in the Indian Journal of Opthalmology in 2017, J-shaped cannula has shown good surgical results in the cortex removal technique.However, the strict government regulations, and lack of skilled or trained physicians can hamper the market growth over the forecast period.

Segmentation:
The Global Cannula Market has been segmented into product, material, application and end user.The market, on the basis of product, has been segmented into cardiac cannulas, nasal cannulas, vascular cannulas, dermatology cannulas, arthroscopy cannulas and others.The market, by material, has been segmented into plastic (PVC), silicone and metal (stainless steel).The market, by application, has been segmented into cardiovascular surgery, oxygen therapy, general surgery, cosmetic/plastic surgery, orthopaedic surgery and others.
The market, by end user, has been segmented into hospitals, ambulatory surgical centers and others. The hospitals segment is anticipated to hold the largest market share owing to increase in hospitalizations and large number of surgeries in hospitals. The ambulatory surgical centers are expected to grow at the highest CAGR owing to the increasing demand for modern healthcare facilities.The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Cannula Market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.
The European Cannula Market has been segmented into Western Europe and Eastern Europe. Western Europe has been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.  The Cannula Market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The Cannula market in the Middle East & Africa has been segmented into the Middle East and Africa.
Key players:
Medtronic, Edwards Lifesciences Corporation, Terumo Cardiovascular Systems Corporation, LivaNova PLC, Smith & Nephew, CONMED Corporation, Smiths Medical, Teleflex Incorporated, Boston Scientific Corporation, McKesson Medical-Surgical Inc., Harsoria Healthcare Pvt. Ltd., ISPG Inc., ILIFE MEDICAL DEVICES PRIVATE LIMITED (INDIA), Denex International, BD and others are some of the key players in the Global Cannula Market.


Regional Market Summary


Global Cannula Market Share (%), by Region, 2017


Source: Centers for Disease Control and Prevention (CDC), Eurostat, White Papers, Company Presentations, Annual Reports


Geographically, the Americas is anticipated to dominate the Global Cannula Market owing to rising healthcare expenditure, increase in number of surgeries and developing healthcare infrastructure. According to Centers Medicare and Medicaid Services, National Healthcare Expenditure grew by 4.3% to USD 3.3 trillion in 2016 from the previous year.
Europe is expected to hold the second largest position in the global cannula market. The market growth in this region is attributed to the government support and improving healthcare related research & development activities.
The Cannula Market in Asia-Pacific region consists of countries namely China, Japan, Republic of Korea, India, Australia and Rest of Asia-Pacific. The Asia-Pacific region is expected to be fastest growing region owing to the increasing demand for minimally invasive surgeries and rising healthcare spending. According to the World Bank Group, India spent 3.89% of its Gross Domestic Product (GDP) on health.
The Middle East & Africa are expected to hold the least share of the market. The market growth in this region is expected to be driven by a developing healthcare infrastructure.


Global Cannula Market, by Product:



  •       Cardiac Cannulas

  •       Nasal Cannulas

  •       Vascular Cannulas

  •       Dermatology Cannulas

  •       Arthroscopy Cannulas

  •       Others


Global Cannula Market, by Material:



  •       Plastic (PVC)

  •       Silicone

  •       Metal (Stainless Steel)


Global Cannula Market, by Application:



  •       Cardiovascular Surgery

  •       Oxygen Therapy

  •       General Surgery

  •       Cosmetic/Plastic Surgery

  •       Orthopedic Surgery

  •       Others 


Global Cannula Market, by End User:



  •        Hospitals

  •        Ambulatory Surgical Centers

  •        Others


Global Cannula Market, by Region:



  • Americas

    •  North America

      •    US

      •   Canada



    •  South America



  • Europe

    •  Western Europe

      •   Germany

      •   France

      •    Italy

      •   Spain

      •   UK

      •   Rest of Western Europe



    •  Eastern Europe



  • Asia-Pacific

    •  Japan

    •  China

    •  India

    •  Australia

    •  South Korea

    • Rest of Asia-Pacific



  • The Middle East & Africa

    •  Middle East

    •  Africa




Global Cannula Market, by Key Players:



  •        Medtronic

  •        Edwards Lifesciences Corporation

  •        Terumo Cardiovascular Systems Corporation

  •         LivaNova PLC

  •        Smith & Nephew

  •        CONMED Corporation

  •        Smiths Medical

  •        Teleflex Incorporated

  •        Boston Scientific Corporation

  •        McKesson Medical-Surgical Inc.

  •        Harsoria Healthcare Pvt. Ltd.

  •        ISPG Inc.

  •        ILIFE MEDICAL DEVICES PRIVATE LIMITED (INDIA)

  •        Denex International

  •        BD


Intended Audience:



  • Medical Device Suppliers

  • Research and Development Organization

  • Medical Device Manufacturers

  • Healthcare Organizations

  • Academics and Research Institutes


 


 


 


 



Table of Contents:


Chapter 1. Report Prologue


Chapter 2. Market Introduction


2.1 Definition


2.2 Scope of the Study


2.2.1 Research Objective


2.2.2 Assumptions


2.2.3 Limitations


Chapter 3. Research Methodology


3.1 Introduction


3.2 Primary Research


3.3 Secondary Research


3.4 Market Size Estimation


Chapter 4. Market Dynamics


4.1 Drivers


4.2 Restraints


4.3 Opportunities


4.4 Challenges


4.5 Macroeconomic Indicators


4.6 Product Trends & Assessment


Chapter 5. Market Factor Analysis


5.1 Porter’s Five Forces Analysis


5.1.1 Bargaining Power of Suppliers


5.1.2 Bargaining Power of Buyers


5.1.3 Threat of New Entrants


5.1.4 Threat of Substitutes


5.1.5 Intensity of Rivalry


5.2 Value Chain Analysis


5.3 Investment Feasibility Analysis


5.4 Pricing Analysis


Chapter 6. Global Cannula Market, by Product


6.1 Introduction


6.2 Cardiac Cannula


Market Estimates & Forecast, by Region, 2018–2023


Market Estimates & Forecast, by Country, 2018–2023


6.3 Nasal Cannula


Market Estimates & Forecast, by Region, 2018–2023


Market Estimates & Forecast, by Country, 2018–2023


6.4 Vascular Cannula


Market Estimates & Forecast, by Region, 2018–2023


Market Estimates & Forecast, by Country, 2018–2023


6.5 Dermatology Cannula


Market Estimates & Forecast, by Region, 2018–2023


Market Estimates & Forecast, by Country, 2018–2023


6.6 Arthroscopy Cannula


Market Estimates & Forecast, by Region, 2018–2023


Market Estimates & Forecast, by Country, 2018–2023


6.7 Others


Market Estimates & Forecast, by Region, 2018–2023


Market Estimates & Forecast, by Country, 2018–2023


Chapter 7. Global Cannula Market, by Material


7.1 Introduction


7.2 Plastic (PVC)


Market Estimates & Forecast, by Region, 2018–2023


Market Estimates & Forecast, by Country, 2018–2023


7.3 Silicone


Market Estimates & Forecast, by Region, 2018–2023


Market Estimates & Forecast, by Country, 2018–2023


7.4 Metal (Stainless Steel)


Market Estimates & Forecast, by Region, 2018–2023


Market Estimates & Forecast, by Country, 2018–2023


Chapter 8. Global Cannula Market, by Application


8.1 Introduction


8.2 Cardiovascular Surgery


Market Estimates & Forecast, by Region, 2018–2023


Market Estimates & Forecast, by Country, 2018–2023


8.3 Oxygen Therapy


Market Estimates & Forecast, by Region, 2018–2023


Market Estimates & Forecast, by Country, 2018–2023


8.4 General Surgery


Market Estimates & Forecast, by Region, 2018–2023


Market Estimates & Forecast, by Country, 2018–2023


8.5 Cosmetic/Plastic Surgery


Market Estimates & Forecast, by Region, 2018–2023


Market Estimates & Forecast, by Country, 2018–2023


8.6 Orthopedic Surgery


Market Estimates & Forecast, by Region, 2018–2023


Market Estimates & Forecast, by Country, 2018–2023


8.7 Others


Market Estimates & Forecast, by Region, 2018–2023


Market Estimates & Forecast, by Country, 2018–2023


Chapter 9. Global Cannula Market, by End User


9.1 Introduction


9.2 Hospitals


Market Estimates & Forecast, by Region, 2018–2023


Market Estimates & Forecast, by Country, 2018–2023


9.3 Ambulatory Surgical Centers


Market Estimates & Forecast, by Region, 2018–2023


Market Estimates & Forecast, by Country, 2018–2023


9.4 Others


Market Estimates & Forecast, by Region, 2018–2023


Market Estimates & Forecast, by Country, 2018–2023


Chapter 10. Global Cannula Market, by Region


10.1 Introduction


10.2 Americas


10.2.1 North America


10.2.1.1 US


10.2.1.2 Canada


10.2.2 South America


10.3 Europe


10.3.1 Western Europe


10.3.1.1 Germany


10.3.1.2 France


10.3.1.3 Italy


10.3.1.4 Spain


10.3.1.5 UK


10.3.1.6 Rest of Western Europe


10.3.2 Eastern Europe


10.4 Asia-Pacific


10.4.1 Japan


10.4.2 China


10.4.3 India


10.4.4 Australia


10.4.5 South Korea


10.4.6 Rest of Asia-Pacific


10.5 Middle East & Africa


10.5.1 Middle East


10.5.2 Africa


Chapter 11. Company Landscape


11.1 Introduction


11.2 Market Share Analysis


11.3 Key Development & Strategies


Chapter 12. Company Profiles


12.1 MEDTRONIC


12.1.1 Company Overview


12.1.2 Product Overview


12.1.3 Financials Overview


12.1.4 Key Developments


12.1.5 SWOT Analysis


12.2 Edwards Lifesciences Corporation


12.2.1 Company Overview


12.2.2 Product Overview


12.2.3 Financial Overview


12.2.4 Key Developments


12.2.5 SWOT Analysis


12.3 TERUMO CARDIOVASCULAR SYSTEMS CORPORATION


12.3.1 Company Overview


12.3.2 Product Overview


12.3.3 Financial Overview


12.3.4 Key Development


12.3.5 SWOT Analysis


12.4 LivaNova PLC


12.4.1 Company Overview


12.4.2 Product Overview


12.4.3 Financial Overview


12.4.4 Key Development


12.4.5 SWOT Analysis


12.5 Smith & Nephew


12.5.1 Company Overview


12.5.2 Product Overview


12.5.3 Financial overview


12.5.4 Key Developments


12.5.5 SWOT Analysis


12.6 CONMED Corporation


12.6.1 Company Overview


12.6.2 Product Overview


12.6.3 Financial Overview


12.6.4 Key Developments


12.6.5 SWOT Analysis


12.7 Smiths Medical


12.7.1 Overview


12.7.2 Product Overview


12.7.3 Financial Overview


12.7.4 Key Developments


12.7.5 SWOT Analysis


12.8 Teleflex Incorporated


12.8.1 Overview


12.8.2 Product Overview


12.8.3 Financials


12.8.4 Key Developments


12.8.5 SWOT Analysis


12.9 Boston Scientific Corporation


12.9.1 Overview


12.9.2 Product Overview


12.9.3 Financials


12.9.4 Key Developments


12.9.5 SWOT Analysis


12.10 McKesson Medical-Surgical Inc.


12.10.1 Overview


12.10.2 Product Overview


12.10.3 Financials


12.10.4 Key Developments


12.10.5 SWOT Analysis


12.11 Harsoria Healthcare Pvt. Ltd.


12.11.1 Overview


12.11.2 Product Overview


12.11.3 Financial Overview


12.11.4 Key Developments


12.11.5 SWOT Analysis


12.12 ISPG Inc.


12.12.1 Overview


12.12.2 Product Overview


12.12.3 Financials


12.12.4 Key Developments


12.12.5 SWOT Analysis


12.13 ILIFE MEDICAL DEVICES PRIVATE LIMITED (INDIA)


12.13.1 Overview


12.13.2 Product Overview


12.13.3 Financials


12.13.4 Key Developments


12.13.5 SWOT Analysis


12.14 Denex International


12.14.1 Overview


12.14.2 Product Overview


12.14.3 Financials


12.14.4 Key Developments


12.14.5 SWOT Analysis


12.15 BD


12.15.1 Overview


12.15.2 Product Overview


12.15.3 Financials


12.15.4 Key Developments


12.15.5 SWOT Analysis


Chapter 13 MRFR Conclusion


13.1 Key Findings


13.1.1 From CEO’s View point


13.1.2 Unmet Needs of the Market


13.2 Key Companies to Watch


13.3 Predictions for the Cannula Industry


Chapter 14. Appendix


LIST OF TABLES


Table 1 Global Cannula Market Synopsis, 2018–2023


Table 2 Global Cannula Market Estimates and Forecast, 2018–2023 (USD Million)


Table 3 Global Cannula Market, by Region, 2018–2023 (USD Million)


Table 4 Global Cannula Market, by Product, 2018–2023 (USD Million)


Table 5 Global Cannula Market, by Material, 2018–2023 (USD Million)


Table 6 Global Cannula Market, by Application, 2018–2023 (USD Million)


Table 7 Global Cannula Market, by End User, 2018–2023 (USD Million)


Table 8 North America: Cannula Market, by Product, 2018–2023 (USD Million)


Table 9 North America: Cannula Market, by Material, 2018–2023 (USD Million)


Table 10 North America: Cannula Market, by Application, 2018–2023 (USD Million)


Table 11 North America: Cannula Market, by End User, 2018–2023 (USD Million)


Table 12 US: Cannula Market, by Product, 2018–2023 (USD Million)


Table 13 US: Cannula Market, by Material, 2018–2023 (USD Million)


Table 14 US: Cannula Market, by Application, 2018–2023 (USD Million)


Table 15 US: Cannula Market, by End User, 2018–2023 (USD Million)


Table 16 Canada: Cannula Market, by Product, 2018–2023 (USD Million)


Table 17 Canada: Cannula Market, by Material, 2018–2023 (USD Million)


Table 18 Canada: Cannula Market, by Application, 2018–2023 (USD Million)


Table 19 Canada: Cannula Market, by End User, 2018–2023 (USD Million)


Table 20 South America: Cannula Market, by Product, 2018–2023 (USD Million)


Table 21 South America: Cannula Market, by Material, 2018–2023 (USD Million)


Table 22 South America: Cannula Market, by Application, 2018–2023 (USD Million)


Table 23 South America: Cannula Market, by End User, 2018–2023 (USD Million)


Table 24 Europe: Cannula Market, by Product, 2018–2023 (USD Million)


Table 25 Europe: Cannula Market, by Material, 2018–2023 (USD Million)


Table 26 Europe: Cannula Market, by Application, 2018–2023 (USD Million)


Table 27 Europe: Cannula Market, by End User, 2018–2023 (USD Million)


Table 28 Western Europe: Cannula Market, by Product, 2018–2023 (USD Million)


Table 29 Western Europe: Cannula Market, by Material, 2018–2023 (USD Million)


Table 30 Western Europe: Cannula Market, by Application, 2018–2023 (USD Million)


Table 31 Western Europe: Cannula Market, by End User, 2018–2023 (USD Million)


Table 32 Eastern Europe: Cannula Market, by Product, 2018–2023 (USD Million)


Table 33 Eastern Europe: Cannula Market, by Material, 2018–2023 (USD Million)


Table 34 Eastern Europe: Cannula Market, by Application, 2018–2023 (USD Million)


Table 35 Eastern Europe: Cannula Market, by End User, 2018–2023 (USD Million)


Table 36 Asia-Pacific: Cannula Market, by Product, 2018–2023 (USD Million)


Table 37 Asia-Pacific: Cannula Market, by Material, 2018–2023 (USD Million)


Table 38 Asia-Pacific: Cannula Market, by Application, 2018–2023 (USD Million)


Table 39 Asia-Pacific: Cannula Market, by End User, 2018–2023 (USD Million)


Table 40 Middle East & Africa: Cannula Market, by Product, 2018–2023 (USD Million)


Table 41 Middle East & Africa: Cannula Market, by Material, 2018–2023 (USD Million)


Table 42 Middle East & Africa: Cannula Market, by Application, 2018–2023 (USD Million)


Table 43 Middle East & Africa: Cannula Market, by End User, 2018–2023 (USD Million)


LIST OF FIGURES


Figure 1 Research Process


Figure 2 Market Structure for Global Cannula Market


Figure 3 Market Dynamics for Global Cannula Market


Figure 4 Global Cannula Market Share, by Product, 2017


Figure 5 Global Cannula Market Share, by Material, 2017


Figure 6 Global Cannula Market Share, by Application, 2017


Figure 7 Global Cannula Market Share, by End User, 2017


Figure 8 Global Cannula Market Share, by Region, 2017


Figure 9 North America: Cannula Market Share, by Country, 2017


Figure 10 Europe: Cannula Market Share, by Country, 2017


Figure 11 Asia-Pacific: Cannula Market Share, by Country, 2017


Figure 12 Middle East & Africa: Cannula Market Share, by Country, 2017


Figure 13 Global Cannula Market: Company Share Analysis, 2017 (%)


Figure 14 MEDTRONIC: Key Financials


Figure 15 MEDTRONIC: Segmental Revenue


Figure 16 MEDTRONIC: Geographical Revenue


Figure 17 Edwards Lifesciences Corporation: Key Financials


Figure 18 Edwards Lifesciences Corporation: Segmental Revenue


Figure 19 Edwards Lifesciences Corporation: Geographical Revenue


Figure 20 TERUMO CARDIOVASCULAR SYSTEMS CORPORATION: Key Financials


Figure 21 TERUMO CARDIOVASCULAR SYSTEMS CORPORATION: Segmental Revenue


Figure 22 TERUMO CARDIOVASCULAR SYSTEMS CORPORATION: Geographical Revenue


Figure 23 LivaNova PLC: Key Financials


Figure 24 LivaNova PLC: Segmental Revenue


Figure 25 LivaNova PLC: Geographical Revenue


Figure 26 Smith & Nephew: Key Financials


Figure 27 Smith & Nephew: Segmental Revenue


Figure 28 Smith & Nephew: Geographical Revenue


Figure 29 CONMED Corporation: Key Financials


Figure 30 CONMED Corporation: Segmental Revenue


Figure 31 CONMED Corporation: Geographical Revenue


Figure 32 Smiths Medical: Key Financials


Figure 33 Smiths Medical: Segmental Revenue


Figure 34 Smiths Medical: Geographical Revenue


Figure 35 Teleflex Incorporated: Key Financials


Figure 36 Teleflex Incorporated: Segmental Revenue


Figure 37 Teleflex Incorporated: Geographical Revenue


Figure 38 Boston Scientific Corporation: Key Financials


Figure 39 Boston Scientific Corporation: Segmental Revenue


Figure 40 Boston Scientific Corporation: Geographical Revenue


Figure 41 McKesson Medical-Surgical Inc.: Key Financials


Figure 42 McKesson Medical-Surgical Inc.: Segmental Revenue


Figure 43 McKesson Medical-Surgical Inc.: Geographical Revenue


Figure 44 Harsoria Healthcare Pvt. Ltd.: Key Financials


Figure 45 Harsoria Healthcare Pvt. Ltd.: Segmental Revenue


Figure 46 Harsoria Healthcare Pvt. Ltd.: Geographical Revenue


Figure 47 ISPG Inc.: Key Financials


Figure 48 ISPG Inc.: Segmental Revenue


Figure 49 ISPG Inc.: Geographical Revenue


Figure 50 ILIFE MEDICAL DEVICES PRIVATE LIMITED (INDIA): Key Financials


Figure 51 ILIFE MEDICAL DEVICES PRIVATE LIMITED (INDIA): Segmental Revenue


Figure 52 ILIFE MEDICAL DEVICES PRIVATE LIMITED (INDIA): Geographical Revenue


Figure 53 Denex International: Key Financials


Figure 54 Denex International: Segmental Revenue


Figure 55 Denex International: Geographical Revenue


Figure 56 BD: Key Financials


Figure 57 BD: Segmental Revenue


Figure 58 BD: Geographical Revenue