High-flow Nasal Cannula Market Poised to Grow at a CAGR of 11% by 2024

High-flow Nasal Cannula Market Poised to Grow at a CAGR of 11% by 2024


Infinium Global Research has added a new report on High-Flow Nasal Cannula Market. The report presents analysis of global as well as regional markets of high-flow nasal cannula market over the period of 2016 to 2024. A nasal cannula (NC) is a device, used to provide extra oxygen to a patient or person in need of respiratory help. Nasal Cannula contains a lightweight tube which then separates into two prongs, these separated prongs are placed in the nostrils of the patients and from which a mixture of air and oxygen flows. One end of the tube is attached to an oxygen supply such as a portable oxygen generator. This cannula is normally attached to the patient by the tube hooking around the patient's ears or by the elastic headband. Nasal cannula supply oxygen in a flexible manner which means the supply of oxygen, depends upon the patient’s breathing rate and pattern. The flow rate of oxygen per minute is generally between 1 to 4 liters and are used with nasal cannula The flow rate of oxygen up to 6 liters can be given but this will frequently cause nasal dryness and can be uncomfortable for patients. The benefit of the nasal cannula for the patients who are having chronic stable respiratory problems is that they can eat, talk and drink while using them and also they reduce the risk of carbon dioxide rebreathing.

 

Factors such as increasing occurrences of respiratory disorders such as asthma, chronic obstructive pulmonary disease (COPD), lung cancer, and increasing popularity of heated humidified high-flow nasal cannulas are driving the growth of high flow nasal cannula market. Furthermore, investments in research and development programs by companies to come up with better products and more sophisticated technologies are also some of the factors boosting the growth of the market. In Addition, growing acceptance of oxygen therapy for home health care and advancement in developing new techniques is also fuelling the growth of high flow nasal cannula market.

 

In terms of geographic, North America accounts the maximum market share for high flow nasal cannula market followed by Europe. In North America region factors such as increasing in aged population, increasing patients suffering from respiratory diseases, low prices associated with the use of nasal cannula and facourable reimbursement policies are driving the growth of the high flow nasal cannula market. Additionally, the high-flow cannula market in the Asia Pacific is anticipated to increase on the favorable demographics, improved health care policies, and the fast-paced economic growth this region. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global high-flow nasal cannula market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global high-flow nasal cannula market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1811

 

The recent report identified that North America dominated the global high-flow nasal cannula market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the high-flow nasal cannula market worldwide.

 

The report segments the global high-flow nasal cannula market on the basis of Component, Application and End User.

 

Global High-flow Nasal Cannula Market by Component

·         Air Oxygen Blender

·         Nasal Cannula

·         Heated Inspiratory Circuit

·         Active Humidifier

 

Global High-flow Nasal Cannula Market by Application 

·         Bronchiectasis

·         Acute Respiratory Failure

·         Acute Heart Failure 

·         Chronic Obstructive Pulmonary Disease 

·         Carbon Monoxide Toxicity By End User

 

Global High-flow Nasal Cannula Market by End User

·         Ambulatory Care Centers

·         Hospitals

·         Long-term Care Centers

 

Companies Profiled in the Report

·         Teijin Pharma Limited 

·         Salter Labs

·         Fisher & Paykel Healthcare Limited

·         TNI Medical AG

·         MEK-ICS CO., Ltd.

·         Flexicare Medical Limited

·         Vapotherm

·         Teleflex Incorporated

·         ResMed, Inc.

·         Hamilton Medical 

 

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