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The Global Nasal Cannula Market Analysis| Coherent Market Insights

The Global Nasal Cannula Market expected to grow a robust CAGR of 7.4% over the forecast period.

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The Global Nasal Cannula Market Analysis| Coherent Market Insights

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/ COVID-19 Impact Tracker

  2. NASAL CANNULA MARKET ANALYSIS Nasal Cannula Market,byProduct Type (Low-flow Cannula, High-flow Cannula, and Others), by Application (Cancer, Respiratory Diseases, Cardiovascular Diseases, and Others), by End User (Hospitals, Neonatal Intensive Care Units, Home Care Settings, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

  3. The global nasal cannula market was valued at US$ 4,234.5 million in 2017, and is expected to witness a robust CAGR of 7.4% over the forecast period (2018–2026). Drivers Nasal cannula is a basic necessity for patients suffering from respiratory diseases or have breathing difficulties. Initiatives taken by governments and other organizations related to respiratory diseases treatment is expected to support the global nasal cannula market growth over the forecast period. For instance, in November 2018, Pulmonary Hypertension Association, U.S., celebrated November as a pulmonary hypertension awareness month. The association organized awareness campaigns and fund raising events to support pulmonary hypertension patients with their medical needs and to also support for the research and studies for pulmonary hypertension. Similarly, in May 2018, National Stroke Association announced May as a stroke awareness month wherein the association held social media campaigns and other events with the help of celebrities.

  4. The purpose of the campaign was to raise awareness about the risk factors related to stroke and to support patient’s life. Hence, such initiatives are expected to support the global nasal cannula market growth over the forecast period.

  5. Market Growth Increasing product launches of nasal cannula is expected to propel the global nasal cannula market growth over the forecast period. For instance, in October 2015, Teleflex Inc. launched a product - Comfort Flow plus Nasal Cannula. This product was expansion to its heated high flow therapy product portfolio. It consists of silicon nares and an optional chin strap, which promotes close mouth treatments. Similarly, in November 2015, Salter Labs launched a portfolio dedicated to neonatal care. The company developed a whole range of products including nasal cannulas keeping in mind the special needs of infants. Some of its products of nasal cannulas include, conventional cannulas, demand cannulas, and salter–style cannulas. Such product launches are expected to broaden the range of technology related to nasal cannulas and thereby accelerate the global nasal cannula market growth.

  6. The global nasal cannula market was valued at US$ 4,234.5 million in 2017, and is expected to witness a robust CAGR of 7.4% over the forecast period (2018–2026). However, presence of alternatives such as oxygen masks, which provide higher volume and rate of oxygen flow to patients is expected to hamper the global nasal cannula market growth.

  7. Competitive Section Major players operating in the global nasal cannula market include, Sunset Healthcare Solutions Inc., Flexicare Ltd., Medin Medical Innovations GmbH, Salter Labs, Smiths Medical, Teleflex Inc., Neotech Products, Fairmont Medical, Medline Industries Inc., and Hamilton Medicals.

  8. Request Sample Report • Request Customization • Download PDF Brochure • Talk to Analyst Reference: https://www.coherentmarketinsights.com/market-insight/nasal-cannula-market-2694

  9. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  10. Contact Us Mr. Shah Coherent Market Insights Pvt.Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

  11. Thank You! Kindly follow CMI Social Media Profiles for the latest company updates Facebook Linkedin Twitter https://www.coherentmarketinsights.com/

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