Nasal Cannula Market 2024-2028: Size and High cost of healthcare; growth driven by the Product, Some of key Companies Positioned Strategically

The nasal cannula market size by Product (High flow nasal cannula and Low flow nasal cannula) and Geography (North America, Europe, Asia, and Rest of World (ROW)), is forecast to increase by USD 189.5 million. The market is expected to grow at a CAGR of  almost 4.49% between 2024 and 2028.

• The nasal cannulas market is characterized by a high degree of fragmentation, with numerous key players holding substantial market shares. Major corporations have maintained their dominance by supplying advanced non-DEHP and soft nasal cannulas, which feature single-use designs that minimize bacterial infection risks. Emerging competitors, meanwhile, are introducing lightweight, cost-effective alternatives, intensifying competition among both global and domestic vendors. In response, major and minor players are offering comparable products, leading to price wars and profit margin compression in developed regions of Europe and North America. To mitigate production costs and capitalize on high COPD prevalence rates, leading players are expanding their manufacturing operations to countries like India, China, and Japan.
• The Nasal Cannulas market represents a significant business opportunity, driven by the increasing prevalence of respiratory disorders and the growing demand for non-invasive respiratory therapy. Key players in this market focus on product innovation, cost competitiveness, and expanding their geographical reach to capitalize on this trend. Market growth is further fueled by advancements in technology, enabling the production of more comfortable and effective nasal cannulas.

Access the full report to know who are the other key countries segment-wise forecast and historic data

Some of the Key Companies:

• Airways surgical Pvt. Ltd.
• B.Braun SE
• Besmed Health Business Corp.
• ConvaTec Group Plc
• Fisher and Paykel Healthcare Corp. Ltd.
• Flexicare Group Ltd.
• GaleMed Corp.
• Great Group Medical Co. Ltd.
• Hamilton Co.
• HUM GmbH
• ICU Medical Inc.
• JG Moriya
• Masimo Corp.
• Medical Depot Inc.
• Neotech Products LLC
• ResMed Inc.
• Smiths Group Plc
• Sunset Healthcare Solutions Inc.
• Teleflex Inc.

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Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
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