Arterial Cannula Market Poised for Robust Growth, Forecasted to Expand at 6.5% CAGR from 2023-28

MarkNtel Advisors has released its latest report highlighting strong growth in The Global Arterial Cannula Market is projected to grow at a CAGR of around 6.5% during the forecast period, i.e., 2023-28.

Report Coverage

This report offers a comprehensive analysis of the Arterial Cannula Market, providing valuable insights across historical trends, current dynamics, and future forecasts.

• Base Year: 2022
• Forecast Years: 2023-28
• Historical Years: 2018-21

Arterial Cannula Market Overview

The worldwide prevalence of heart disorders has increased over the years due to various factors such as consuming unhealthy diets, sedentary lifestyles, increasing smoking habits, physical inactivity, or family history of chronic disorders such as hypertension, diabetes, or hyperlipidemia to contribute to the rising incidence of cardiovascular diseases. Thus, the growing prevalence of cardiovascular and cardiopulmonary illnesses that require cardiopulmonary pass surgery CABG, dialysis, and Extracorporeal Membrane Oxygenation ECMO aids the demand for arterial cannula.

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Arterial Cannula Market Segmentation Outlook

The Arterial Cannula is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

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

By company

• Revenue Shares
• Competition Characteristics

By Region

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

Arterial Cannula Market 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.

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Top Arterial Cannula Market Brands & Their Strategic Market Positioning

MarkNtel Advisors Research identifies Boston Scientific Corporation, CONMED Corporation, Edwards Lifesciences , LivaNova Plc, Medtronic Plc , Smith & Nephew PLC, Smiths Medical Inc., Teleflex Incorporated, Terumo Corporation,  Others as key players shaping the market landscape.

Arterial Cannula Market News

• In April 2023, Boston Scientific Corporation announced its intention to acquire Shockwave Medical, a company specializing in interventional cardiovascular procedures. This acquisition is part of Boston Scientific's strategy to expand its range of cardiovascular devices, as Shockwave Medical is a leading medical device manufacturer, based in California.

Key Questions Answered in the Report

• What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
• How the industry has been evolving, and which segments would dominate the market during the forecast period?
• What are the key opportunity areas that companies foresee in the coming years 2028?
• Who are the key players in the market, and what are their competitive strengths?
• What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?

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