India Cannula Market Size & Outlook, 2023-2030
The cannula market in India is expected to reach a projected revenue of US$ 9.0 million by 2030. A compound annual growth rate of 8.4% is expected of India cannula market from 2024 to 2030.
Revenue, 2023 (US$M)
$5.1
Forecast, 2030 (US$M)
$9.0
CAGR, 2024 - 2030
8.5%
Report Coverage
India
India cannula market, 2018-2030 (US$M)
Related Markets
India cannula market highlights
- The India cannula market generated a revenue of USD 5.1 million in 2023 and is expected to reach USD 9.0 million by 2030.
- The India market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
- In terms of segment, cardiac was the largest revenue generating product in 2023.
- Dermatology is the most lucrative product segment registering the fastest growth during the forecast period.
Cannula market data book summary
| Market revenue in 2023 | USD 5.1 million |
| Market revenue in 2030 | USD 9.0 million |
| Growth rate | 8.4% (CAGR from 2023 to 2030) |
| Largest segment | Cardiac |
| Fastest growing segment | Dermatology |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cardiac, Dermatology, Nasal |
| Key market players worldwide | Medtronic PLC, Becton Dickinson & Co, Edwards Lifesciences Corp, LivaNova PLC, Smiths Group PLC, Boston Scientific Corp |
Other key industry trends
- In terms of revenue, India accounted for 2.9% of the global cannula market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China cannula market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 9.0 million by 2030.
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Cannula Market Scope
Cannula market segmentation & scope
Cannula Market Companies
| Name | Profile | # Employees | HQ | Website |
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India cannula market size, by product, 2018-2030 (US$M)
India Cannula Market Outlook Share, 2023 & 2030 (US$M)
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