Global Nasal Cannula Market Size & Outlook
The nasal cannula industry worldwide is expected to reach a projected revenue of US$ 9,777.3 million by 2028. A compound annual growth rate of 5.5% is expected of the worldwide nasal cannula industry from 2022 to 2028.
Revenue, 2021 (US$M)
$6,714.7
Forecast, 2028 (US$M)
$9,777.3
CAGR, 2022 - 2028
5.5%
Report Coverage
Worldwide
Global nasal cannula market, 2016-2028 (US$M)
Related Markets
Global nasal cannula market highlights
- The global nasal cannula market generated a revenue of USD 6,714.7 million in 2021 and is expected to reach USD 9,777.3 million by 2028.
- The market is expected to grow at a CAGR (2022 - 2028) of 5.5% by 2028.
- In terms of segment, low flow accounted for a revenue of USD 4,304.3 million in 2021.
- High Flow is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, South Africa is expected to register the highest CAGR from 2022 to 2028.
Global data book summary
| Market revenue in 2021 | USD 6,714.7 million |
| Market revenue in 2028 | USD 9,777.3 million |
| Growth rate | 5.5% (CAGR from 2021 to 2028) |
| Largest segment | Low flow |
| Fastest growing segment | High Flow |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low Flow, High Flow |
Other key industry trends
- In terms of revenue, the North America accounted for 40.8% of the global nasal cannula market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 77.2 million by 2028.
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Nasal Cannula Market Scope
Nasal cannula market segmentation & scope
Nasal Cannula Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global nasal cannula market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nasal cannula market will help companies and investors design strategic landscapes.
low flow was the largest segment with a revenue share of 64.1% in 2021. Horizon Databook has segmented the Global nasal cannula market based on low flow, high flow covering the revenue growth of each sub-segment from 2016 to 2028.
- Global Nasal Cannula Type Outlook (Revenue, USD Million, 2016-2028)
- Low Flow
- High Flow
- Global Nasal Cannula Material Outlook (Revenue, USD Million, 2016-2028)
- Plastic
- Silicone
- Global Nasal Cannula End Use Outlook (Revenue, USD Million, 2016-2028)
- Hospitals
- Ambulatory Healthcare Services
- Long Term Care Centers
- Others
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Target buyers of Global nasal cannula market databook
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Our clientele includes a mix of nasal cannula market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global nasal cannula market , including forecasts for subscribers. This global databook contains high-level insights into Global nasal cannula market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Global nasal cannula market statistics, by region, 2016-2028 (US$M)
Top 10 countries: Nasal cannula market size, 2021 (USD Million)
Top 10 countries: Nasal cannula market size, 2021 (USD Million)
Global nasal cannula market, by region, 2021 (US$M)
Related regional statistics
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