Europe Nasal Cannula Market Size & Outlook, 2021-2028

The nasal cannula market in Europe is expected to reach a projected revenue of US$ 2,714.2 million by 2028. A compound annual growth rate of 6.3% is expected of Europe nasal cannula market from 2022 to 2028.
Revenue, 2021 (US$M)
$1,768.4
Forecast, 2028 (US$M)
$2,714.2
CAGR, 2022 - 2028
6.3%
Report Coverage
Europe

Europe nasal cannula market highlights

  • The Europe nasal cannula market generated a revenue of USD 1,768.4 million in 2021.
  • The market is expected to grow at a CAGR of 6.3% from 2022 to 2028.
  • In terms of segment, low flow was the largest revenue generating type in 2021.
  • High Flow is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, Germany is expected to register the highest CAGR from 2022 to 2028.


Europe data book summary

Market revenue in 2021USD 1,768.4 million
Market revenue in 2028USD 2,714.2 million
Growth rate6.3% (CAGR from 2021 to 2028)
Largest segmentLow flow
Fastest growing segmentHigh Flow
Historical data covered2016 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationLow Flow, High Flow
Key market players worldwideAllied Healthcare Products Inc, Teleflex Inc, ResMed Inc, Vapotherm Inc, Fisher & Paykel Healthcare Corp Ltd, Well Lead Medical, Flexicare Medical Ltd, Fairmont Medical, Salter Labs


Other key industry trends

  • In terms of revenue, Europe region accounted for 26.3% of the global nasal cannula market in 2021.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,426.7 million by 2028.

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Nasal Cannula Market Companies

Name Profile # Employees HQ Website

Europe 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 64.47% in 2021. Horizon Databook has segmented the Europe nasal cannula market based on low flow, high flow covering the revenue growth of each sub-segment from 2016 to 2028.


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Target buyers of Europe nasal cannula market databook

  • Our clientele includes a mix of nasal cannula market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe nasal cannula market , including forecasts for subscribers. This continent databook contains high-level insights into Europe nasal cannula market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Europe nasal cannula market size, by country, 2016-2028 (US$M)

Europe Nasal Cannula Market Outlook Share, 2021 & 2028 (US$M)

Europe nasal cannula market size, by country, 2016-2028 (US$M)

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