Global Arterial Cannula Market Gears Up for Impressive 6.5% CAGR Surge in 2023-2028.

Market Insights

As per recent research by MarkNtel Advisors, Global Arterial Cannula Market is projected to grow at a CAGR of around 6.5% during the forecast period, i.e., 2023-28.

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Key Driver: Prevalence of Cardiovascular and Cardiopulmonary Illnesses Resulting in Immediate Need for By-Pass Surgeries

According to the study, The Global Burden of Cardiovascular Diseases and Risk, published by JACC, Journal of the American College of Cardiology in December 2022, Cardiovascular diseases (CVDs) have collectively remained the leading causes of death globally, substantially contributing to the loss of health and additional costs on the health system. The more frequent instances of kidney dysfunction, dietary risks, tobacco smoking, secondhand tobacco smoke, high systolic blood pressure, high LDL-C, high body mass index (BMI), high fasting plasma glucose, high alcohol use, and low physical activity as the possible risk factors are anticipated to raise the chances of such diseases.

Given the criticality of such conditions and the immediate urge to minimize them, invasive and efficacious surgical techniques are surfacing, giving rise to innovative medical devices, including arterial cannulae, by numerous manufacturers. For instance,

• Medtronic plc, an American medical device company, has come up with product variations to facilitate a variety of surgical techniques and to accommodate varying patient anatomies. In fact, citing the need for distinct devices for pediatrics and adults, the company offers arterial cannulae sizes from 6 Fr to 24 Fr in various tip configurations, lengths, and connector sizes.

Thus, rising cardiovascular conditions and pulmonary illnesses has increased the number of bypass surgeries and other similar procedures, particularly among the geriatric population, significantly elevating the demand for cannulae market.

Market Segmentation and Consumer Behavior:

By Product

• Cardiac Cannulas
• Nasal Cannulas
• Vascular Cannulas
• Dermatology Cannulas
• Arthroscopy Cannulas
• Arthroscopy Cannulas

By Type

• Neonatal Cannulas
• Straight Cannulas
• Winged Cannula
• Wing with Port Cannula
• Others

By Size

• 14G
• 16G
• 18G
• 20G
• 22G
• 24G
• 26G

By Material

• Plastic (PVC) Cannulas
• Silicone Cannulas
• Metal Cannulas (Stainless Steel)

By Application

• Cardiovascular Surgery
• Oxygen Therapy
• General Surgery
• Cosmetic/Plastic Surgery  
• Orthopedic Surgery
• Others

By End User

• Hospitals
• Ambulatory Surgery Centers (ASCs)
• Others

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Regional/ Countries Insight:

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Arterial Cannula Market Players Analysis

Thorough analysis spotlighting key players in the global Arterial Cannula market, elucidating their strategies and competitive positioning.

• Boston Scientific Corporation
• CONMED Corporation
• Edwards Lifesciences
• LivaNova Plc
• Medtronic Plc
• Smith & Nephew PLC
• Smiths Medical Inc.
• Teleflex Incorporated
• Terumo Corporation
• others

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Questions Addressed in this Study

1.What factors are driving the Arterial Cannula Market growth?

2.How is the Arterial Cannula Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Arterial Cannula Market?

4.What is the current size of the Arterial Cannula Market, and how is it projected to change in the future?

5.What is the future outlook for the Arterial Cannula Market in terms of technological advancements and market expansion?

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