11-Jul-2024 | Facts and Factors
Facts and Factors have authored “High-flow Nasal Cannula Market Size, Share, Growth Analysis Report By Component (Active Humidifier, Air/oxygen Blender, Single Heated Tube, Nasal Cannula, and Others), By Application (Acute Respiratory Failure, Chronic Obstructive Pulmonary Disease, Asthma, and Others), By End-Users (Hospitals, Ambulatory Care Centers, Long-Term Care Facilities, and Others), By Sales Channel (Distribution Channel and Direct Channel), and By Region - Global Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2024 – 2032”. Based on our analysis, the global high-flow nasal cannula market in 2023 was approximately USD 7.24 billion and is anticipated to reach around USD 20.12 billion by 2032. The anticipated CAGR for the Global High-flow Nasal Cannula market is around 12.03% from 2024 to 2032.
Rising mindfulness relating to the potential harms related to the utilization of intrusive ventilation (e.g., ventilator-related pneumonia [VAP], unreasonable pneumonic anxiety) and expanding complexity in understanding ventilator interfaces have prompted the advancement of a few new methods of conveying noninvasive ventilation (NIV), one huge method of them is the high-flow nasal cannula (HFNC). In the course of the most recent 10 years, HFNCs have had boundless take-up in the grown-up populace. High-flow nasal cannula (HFNC) treatment is an oxygen supply framework equipped for conveying up to 100% humidified and warmed oxygen at a flowing pace of up to 60 liters for every moment. All settings are controlled autonomously permitting for more noteworthy trust in the conveyance of supplemental oxygen just as better results.
Browse the full “High-flow Nasal Cannula Market Size, Share, Growth Analysis Report By Component (Active Humidifier, Air/oxygen Blender, Single Heated Tube, Nasal Cannula, and Others), By Application (Acute Respiratory Failure, Chronic Obstructive Pulmonary Disease, Asthma, and Others), By End-Users (Hospitals, Ambulatory Care Centers, Long-Term Care Facilities, and Others), By Sales Channel (Distribution Channel and Direct Channel), and By Region - Global Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2024 – 2032” report at https://www.fnfresearch.com/high-flow-nasal-cannula-market-report
Factors, such as growth in the occurrence of respiratory issues, asthma, ceaseless obstructive aspiratory malady (COPD), lung malignancy, and the growing importance of warmed humidified high-flow nasal cannulas are fuelling the growth of the high-flow nasal cannula market. Besides, interest in innovative work programs by organizations to think of better items and progressively refined advancements are likewise boosting the target market growth. In Addition, the growth in the acceptance of oxygen treatment for home medicinal services is expected to fuel the high-flow nasal cannula market growth over the forecast period.
The global high-flow nasal cannula market is segmented based on type, application, sales channel, and region. On the basis of type, the target market is categorized as single heated tube, nasal cannulas, active humidifiers, and air blenders. The active Humidifier type segment is expected to dominate in the target market. In addition, on the basis of the application target market is classified into hospitals and clinics, ambulatory care centers, long-term care centers, and others. Hospitals and Clinics application is expected to account for the maximum share of the target market in the year 2019 and is anticipated to maintain its dominance over the forecast period.
Also, on the basis of the sales channel target market is classified into the direct channel and distribution channel. Based on the region the global high-flow nasal cannula market has been categorized as North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. North America is expected to dominate the global market in terms of revenue as compared to that of markets in other regions during the forecast period 2019-2026.
Report Scope
Report Attribute |
Details |
Market Size in 2023 |
USD 7.24 Bllion |
Projected Market Size in 2032 |
USD 20.12 Billion |
CAGR Growth Rate |
12.03% CAGR |
Base Year |
2023 |
Forecast Years |
2024-2032 |
Key Market Players |
Fisher & Paykel Healthcare Limited, ResMed Inc., Becton, Dickinson Company, Smiths Medical, Armstrong Medical Ltd., Becton, Dickinson and Company, Fisher & Paykel Healthcare Ltd., Flexicare Medical Ltd., Great Group Medical Co. Ltd., Hamilton Medical AG, ResMed Inc., Salter Labs Inc., Smiths Medical, Teijin Pharma Limited., Teleflex Inc., TNI Medical AG, Vapotherm Inc., and Others. |
Key Segment |
By Component, By Application, By End-Users, By Sales Channel, and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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The key players operating in the global high-flow nasal cannula market include Fisher & Paykel Healthcare Limited, ResMed Inc., Becton, Dickinson Company, Smiths Medical, Armstrong Medical Ltd., Becton, Dickinson and Company, Fisher & Paykel Healthcare Ltd., Flexicare Medical Ltd., Great Group Medical Co. Ltd., Hamilton Medical AG, ResMed, Inc., Salter Labs Inc., Smiths Medical, Teijin Pharma Limited., Teleflex Inc., TNI Medical AG, Vapotherm Inc., and others. Companies operating in the target market are focusing on strategic partnerships such as mergers and acquisitions in order to get a competitive edge in the global market.
This report segments the High-flow Nasal Cannula Market as follows:
By Component
- Active Humidifier
- Air/oxygen Blender
- Single Heated Tube
- Nasal Cannula
- Others
By Application
- Acute Respiratory Failure
- Chronic Obstructive Pulmonary Disease (COPD)
- Asthma
- Others
By End-Users
- Hospitals
- Ambulatory Care Centers
- Long-Term Care Facilities
- Others
By Sales Channel
- Distribution Channel
- Direct Channel
Global High-flow Nasal Cannula Market: Regional Analysis
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- South-East Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- The Middle-East and Africa
- GCC Countries
- South Africa
- Rest of Middle-East Africa
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