The Global Medical Cannula Market Report Forecast 2021 – 2025 offers a clear understanding of the subject matter. The report has been gathered using principal and subordinate research methodologies. Both these methods are directed towards cooperating accurate and meticulous data concerning the market dynamics, historical events, and the current market landscape. Additionally, the report also includes a SWOT analysis that concludes the strengths, weaknesses, opportunities, and threats impacting the segments of the overall market. The report also takes into account the impact of the COVID-19 and also forecasts its recovery post-COVID-19.
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Top Key Players in the Global Medical Cannula Market: Medtronic PLC, LivaNova PLC, Edwards Lifesciences Corporation, Smiths Medical, Becton, Dickinson and Company, Terumo Cardiovascular Group, Teleflex Incorporated, CONMED Corporation, Smith & Nephew plc, Boston Scientific Corporation
For Instance, In July 2019, LivaNova introduced a new line of femoral arterial cannula called Bi-Flow, designed to allow stable bidirectional perfusion, and the only femoral arterial cannula designed to prevent limb ischemia.
Key Market Trends
Cardiac Cannula in Product Segment is Expected to Hold the Largest Market Share in the Medical Cannula Market
The cardiac cannula segment has been accounted for the largest market share in recent years and expected to do so over the forecast period. This dominance is owing to the high incidence rate of cardiovascular diseases and the huge number of hospital admissions associated with cardiac conditions. For instance, according to The American Heart Association, in 2018, nearly 92.1 million individuals in the U.S. suffered from cardiovascular diseases resulted in higher demand for the cardiac cannula, which drives the market in the region.
The report offers an in-depth assessment of the growth and other aspects of the Medical Cannula market in important countries (regions), including:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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North America Dominates the Market and Expected to do Same in the Forecast Period.
North America is expected to dominate the Medical Cannula market, throughout the forecast period. The dominance is due to a higher rate of numerous diseases and disorders, highly advanced technology, and established healthcare infrastructure providing the MIS techniques.
Followed by North America, Europe accounts for the second-highest market revenue due to factors such as the ongoing research and development activities and huge patient pool in the region which generates high demand for surgeries.
Asia Pacific region is set to grow at the fastest rate during the forecast period, driven by enhanced awareness about MIS techniques in countries such as China, India, and Japan. China plays a pivotal role due to its high population and high extent of government support to the healthcare sector.
This Medical Cannula Market report addresses:
– The Market size from 2015-2020
– Expected market growth until 2025
– Forecast of how market drivers, restraints, and future opportunities will affect
– Segment and regions that will drive or lead market growth and why
– Comprehensive mapping of the competitive landscape
– In-depth analysis of key sustainability strategies adopted by market place
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– The market estimate (ME) sheet in Excel format
– 3 months of analyst support
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Covid-19 Impact Analysis:
All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain have been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.
Market Insights Reports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Market Insights Reports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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