The Venous Cannula Market is expected to exceed more than US$ 167 Billion by 2024 at a CAGR of 5.5% in the given forecast period.
Cannula is a hollow tube with a retractable, sharp inner core inserted into an artery or a vein, or another body cavity, to administer intravenous fluids and medicines, and obtain blood samples. Cannula is accessible in several designs and configurations for ease of use that are dependent on the surgical technique or methods. During the cardiac surgery, venous cannula provides high flow in small spaces with minimal intrusion. Venous tubing is additional compressed and dense than the standard cannula. Thus, it’s easier to insert and take away, and improves the surgical view, particularly throughout minimally invasive surgeries, because it reduces complications related to minimally invasive surgeries.
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This report provides:
1) An overview of the global market for Venous Cannula Market and related technologies.
2) Analyses of global market trends, with data from 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
3) Identifications of new market opportunities and targeted promotional plans for Venous Cannula Market
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Medtronic PLC, Edward Lifescience Corporation, Terumo Corporation, Sorin Group, Smith & Nephew PLC, Conmed Corporation, and Smiths Medical, Teleflex Incorporated and Maquet Holding B.V. & Co. KG and others. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The scope of the report includes a detailed study of global and regional markets on Venous Cannula Market with the reasons given for variations in the growth of the industry in certain regions.
The Venous Cannula Market has been segmented as below:
The Venous Cannula Market is Segmented on the lines of Application Type, Product Type, Material Type, End Users and Regional Analysis. By Application Type this market is segmented on the basis of Cardiovascular Surgery, Oxygen Therapy, General Surgery, Cosmetic/Plastic Surgery, Orthopedic Surgery and Others (diabetes treatment, ophthalmology, gynecology, and neurology.). By Product Type this market is segmented on the basis of Cardiac Cannulas, Vascular Cannulas, Nasal Cannulas, Arthroscopy Cannulas, Dermatology Cannulas and Others (Floating Spinal Cannulas, Vitreoretinal Cannulas, and Hysterosalpingography Cannulas).
By Material Type this market is segmented on the basis of Plastic, Metal and Silicone. By End Users this market is segmented on the basis of Hospitals Sector, Ambulatory Surgical Centers Sector and Others (Blood Banks and Home Healthcare Facilities) Sectors. By Regional Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.
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The major driving factors of Venous Cannula Market are as follows:
- Increasing Number of Surgeries Among the Aging Population
- Increased Patient Preference for Minimally Invasive Surgeries
The restraining Factors of Venous Cannula Market are as follows:
- Uncertain Regulatory Framework in the Medical Device Industry
The opportunities factors of Venous Cannula Market are as follows:
- Emerging Markets
- Growing Obesity Rate
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