USD 15.08 Billion
Cannula System Market Size, Share, Growth Analysis, By Type(Dermatology Cannulas, Cardiac Cannulas, Arthroscopy Cannulas, Nasal Cannulas), By Application(Cardiovascular Surgery, Plastic Surgery, Orthopedic Surgery, General Surgery), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG35J2056 |
Region:
Global |
Published Date: March, 2024
Pages:
219
|Tables:
69
|Figures:
75
Cannula System Market Insights
Cannula System Market size was valued at USD 16.57 Billion in 2023 and is poised to grow from USD 18.21 Billion in 2024 to USD 38.76 Billion by 2032, growing at a CAGR of 9.90% during the forecast period (2025-2032).
One of the primary drivers of the global cannula market is the rising prevalence of diabetes. The increasing incidence of diabetes, particularly type 2 diabetes, is fueling the demand for efficient and accurate blood glucose monitoring systems. Additionally, the growing awareness about the importance of regular glucose monitoring among diabetic patients is contributing to market growth. Technological advancements play a crucial role in the market expansion of blood glucose monitoring devices. Innovations such as continuous glucose monitoring (CGM) systems, which provide real-time glucose readings, have gained significant popularity. These devices offer improved accuracy, convenience, and better glucose control for individuals with diabetes. Furthermore, the integration of advanced features like smartphone connectivity and data analysis capabilities is enhancing the user experience and driving market growth.
US Cannula System Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
Nasal Cannulas
Fastest Growth
Nasal Cannulas
Growth Rate
9.90% CAGR
Global Cannula System Market ($ Bn)
Country Share for North america Region (%)
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Cannula System Market Segmental Analysis
The global cannula market is segmented based on type, application, and region. Based on type, the market can be segmented into dermatology cannulas, cardiac cannulas, arthroscopy cannulas, nasal cannulas, vascular cannulas, and others. Based on application, the market is segmented into cardiovascular surgery, plastic surgery, orthopedic surgery, general surgery, cosmetology, and others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Midd in 2022.
Analysis by Type
Nasal cannulas are widely used in various medical applications, including oxygen therapy, providing a comfortable and efficient delivery of oxygen to patients. Thus, this segment dominated the market in 2022. The high prevalence of respiratory disorders, such as chronic obstructive pulmonary disease (COPD) and asthma, contributes to the strong demand for nasal cannulas. Additionally, the increasing adoption of home healthcare settings further drives the market for nasal cannulas, as they are commonly used in long-term oxygen therapy for patients with respiratory conditions.
On the other hand, the fastest growing type in the global cannulas market is dermatology cannulas. Dermatology cannulas are specifically designed for various dermatological procedures, such as dermal fillers, lip augmentation, and wrinkle reduction. These cannulas offer advantages over traditional needles, including reduced trauma, minimized bruising, and improved precision during aesthetic treatments. The growing demand for minimally invasive cosmetic procedures and the increasing awareness of the benefits offered by dermatology cannulas are driving their rapid growth in the market.
Analysis by Application
Cardiovascular surgery held the position of dominance in the global cannulas market in 2022. This can be attributed to the critical role of cannulas in cardiovascular procedures such as coronary artery bypass grafting (CABG), valve replacement, and angioplasty. The increasing prevalence of cardiovascular diseases, coupled with the growing adoption of minimally invasive surgical techniques, has contributed to the dominance of cardiovascular surgery as the primary application for cannulas.
On the other hand, plastic surgery is expected to be the fastest-growing application in the global cannulas market. The rising demand for cosmetic and reconstructive procedures has propelled the growth of plastic surgery, driving the demand for cannulas. Cannulas are widely used in procedures such as liposuction, breast augmentation, facelifts, and rhinoplasty. The advancements in cannula design and the development of innovative techniques have further fueled the growth of plastic surgery as the fastest-growing segment in the cannulas market.
Global Cannula System Market By Type
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Cannula System Market Regional Insights
In terms of dominance, North America emerged as the most dominant region in the global cannulas market in 2022. This can be attributed to several factors, including well-established healthcare infrastructure, high healthcare expenditure, and the presence of key market players. The region is home to technologically advanced healthcare facilities and a large patient pool, contributing to the significant demand for various types of cannulas.
While North America dominates the cannulas market, the Asia Pacific region is witnessing the fastest growth. The market growth in Asia Pacific can be attributed to factors such as a large population base, increasing healthcare expenditure, and growing awareness about the benefits of minimally invasive surgeries. Additionally, emerging economies like China and India are witnessing rapid urbanization and improving healthcare infrastructure, which further propels the demand for cannulas.
Global Cannula System Market By Region
- Largest
- Fastest
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Cannula System Market Dynamics
Drivers
Growing Demand for Minimally Invasive Procedures
- The global market for cannulas is witnessing growth due to the rising demand for minimally invasive surgical procedures like laparoscopy, arthroscopy, and cosmetic surgeries. The preference for these techniques over traditional open surgeries is driving the adoption of cannulas. Minimally invasive procedures offer advantages such as smaller incisions, quicker recovery, reduced pain, and fewer postoperative complications, leading to increased utilization of cannulas.
Restraints
Availability of Alternative Products
- The availability of alternative medical devices or procedures can impact the demand for cannulas in certain cases. Advancements in drug delivery technologies, such as oral medications or transdermal patches, can reduce the necessity for specific types of cannulas. This availability of alternative treatment options may limit the growth of the cannulas market in certain applications, as healthcare providers explore alternative approaches to achieve comparable outcomes.
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Cannula System Market Competitive Landscape
Key players in the cannulas market are indulging in strategic initiatives such as mergers and acquisitions, partnerships, collaborations, and product launches to gain a competitive edge and expand their market presence. These players focus on developing innovative and technologically advanced cannulas to meet the evolving needs of healthcare professionals and improve patient outcomes. Manufacturers in the cannulas market often compete based on factors such as product quality, performance, reliability, and cost-effectiveness. They invest in research and development activities to enhance their product portfolios and introduce new cannula designs and materials. Companies also emphasize maintaining regulatory compliance to ensure their products meet the necessary safety and quality standards.
Top Player’s Company Profiles
- Medtronic (Ireland)
- Johnson & Johnson (US)
- Becton, Dickinson and Company (US)
- Teleflex Incorporated (US)
- Smiths Medical (UK)
- Terumo Corporation (Japan)
- Edwards Lifesciences Corporation (US)
- CONMED Corporation (US)
- Boston Scientific Corporation (US)
- B. Braun Melsungen AG (Germany)
- Cook Medical (US)
- Merit Medical Systems, Inc. (US)
- Vygon (France)
- Nipro Medical Corporation (Japan)
- AngioDynamics, Inc. (US)
- Romsons Group of Industries (India)
- Medline Industries, Inc. (US)
- Well Lead Medical Co., Ltd. (China)
- Global Medikit Limited (India)
- Smith & Nephew plc (UK)
Recent Developments
- In August 2021,a medical device manufacturer unveiled a new range of wearable infusion cannulas for continuous subcutaneous medication delivery. These innovative cannulas were designed to provide a comfortable and discreet option for patients requiring long-term medication administration.
- In July 2021, a company specializing in medical technologies announced the successful completion of a clinical trial for a novel cannula system used in cardiac surgery. The trial demonstrated the safety and efficacy of the cannula system in delivering cardioplegia solution during open-heart procedures.
- In June 2021, a research study was published highlighting advancements in the development of ultrafine cannulas for minimally invasive neurosurgery. These ultrafine cannulas were designed to enable precise delivery of therapeutic agents to targeted areas of the brain, potentially revolutionizing the treatment of neurological disorders.
- In May 2021, a leading manufacturer of medical devices introduced a new line of disposable cannulas for ophthalmic surgeries. These cannulas were designed to meet the specific requirements of ophthalmic procedures and offered improved safety, efficacy, and ease of use.
- In April 2021,a medical device company announced the launch of a new range of cannulas designed for use in plastic surgery and aesthetic procedures. These cannulas featured innovative design elements to improve patient comfort and enhance precision during procedures.
Cannula System Key Market Trends
- Rise in Success Rate of Minimally-Invasive Surgery: One prominent trend is the increasing adoption of minimally invasive surgical procedures, which has led to a growing demand for specialized cannulas. Minimally invasive techniques offer advantages such as smaller incisions, reduced scarring, faster recovery times, and lower risk of complications. As a result, healthcare providers are seeking cannulas that enable precise and controlled access to the targeted areas while minimizing tissue trauma. Manufacturers are responding to this trend by developing cannulas with advanced features such as smaller diameters, flexible designs, and improved maneuverability, enhancing their suitability for minimally invasive procedures.
Cannula System Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global cannulas market analysis, it is witnessing substantial growth due to factors such as the increasing prevalence of chronic diseases, the rise in surgical procedures, and the demand for minimally invasive surgeries. The market is segmented based on product type, material, application, end-user, and region. North America dominates the market, while Europe, Asia Pacific, and other regions also offer growth opportunities. Key players in the industry strive for product innovation and strategic collaborations to maintain a competitive edge. As the healthcare landscape continues to evolve, the cannulas market is expected to flourish, driven by advancements in technology and the increasing demand for efficient and minimally invasive medical procedures.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 16.57 Billion |
| Market size value in 2032 | USD 38.76 Billion |
| Growth Rate | 9.90% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Cannula System Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Cannula System Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Cannula System Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Cannula System Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Cannula System Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Cannula System Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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