“High-Flow Nasal Cannula Market” study by “The Insight Partners” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years. This Report encloses comprehensive analysis on the market and market data validated by three approaches including top companies’ revenues. It concludes with precise and authentic market estimations considering all the parameters and market dynamics. Every crucial and decisive detail for the development and restriction of the market is mentioned in the report that may affect the market in near future. Segmentation of the market are studied specifically to give profound knowledge for supplementary market investments.
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The global high flow nasal cannula market is anticipated to reach US$ 11,198.78 Mn in 2027 from US$ 4,390.74 Mn in 2018. The market is anticipated to grow with a CAGR of 11.1% from 2019-2027.
- Great Group Medical Co., Ltd.
- Salter Labs
- TNI Medical Ag
- Mek-Ics Co., Ltd.
- Flexicare Medical Limited
- Teleflex Incorporated
- Hamilton Medical
- Fisher & Paykel Healthcare Limited
The global high flow nasal cannula market, based on component, has been segmented into air oxygen blender, nasal cannula, heated inspiratory circuit, and active humidifier. In 2018, the active humidifier segment held the largest share of the market. Moreover, the segment is also expected to register the highest CAGR in the market during the forecast period.
Growing Incidences of Asthma and COPD Across the Globe
The number of cases of asthma and COPD has been growing all over the world at a substantial rate. In recent years, the number of smokers and the levels of air pollution in developed, as well as developing countries, is increasing across the globe. Asthma is a medical condition where the airways swell and narrow and also produce mucus. This further leads to wheezing, coughing, and recurrent attacks of breathlessness, which differ in severity and frequency from person to person. According to the World Health Organization estimates, there are approximately 235 million people suffering from asthma around the world. Moreover, the Centers for Disease Control and Prevention (CDC) reported, approximately 19 million adults in the United States (18 years of age or above) are currently suffering from asthma, which accounts for almost 7.7% of the total adult population. Whereas, about 6.2 million patients below 18 years of age have asthma, which accounts for 8.4% of the total children population. Also, according to the WHO estimates published during December 2016, there were around 383,000 deaths due to asthma in 2015.
The report High-Flow Nasal Cannula Market gives varied description about the segmentation of the market on the basis of segmented type, application and region, and leads with a descriptive structure of the trends and restrictions of the various segments and sub segments. It also provides the market size and estimates a forecast from the year 2020 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The report also provides exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors effecting the High-Flow Nasal Cannula market.
Key Elements that the report acknowledges:
- Market size and growth rate during forecast period.
- Key factors driving the “High-Flow Nasal Cannula ” market.
- Key market trends cracking up the growth of the “High-Flow Nasal Cannula ” market.
- Challenges to market growth.
- Key vendors of “High-Flow Nasal Cannula ” market.
- Detailed SWOT analysis.
- Opportunities and threats faces by the existing vendors in Global “High-Flow Nasal Cannula ” market.
- Trending factors influencing the market in the geographical regions.
- Strategic initiatives focusing the leading vendors.
- PEST analysis of the market in the five major regions.
The report facilitates in determining and interpreting the key market players, portfolios with necessary information such as company profiles, components and services offered, financial information of past few years, key developments in past few years, that helps in constructing strategies to gain competitive advantage in the long run. The report also analyzes factors affecting High-Flow Nasal Cannula market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.
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