Latin America Nasal Cannula Market Size & Outlook

The nasal cannula market in Latin America is expected to reach a projected revenue of US$ 612.1 million by 2028. A compound annual growth rate of 3.1% is expected of Latin America nasal cannula market from 2022 to 2028.

Revenue, 2021 (US$M)
$494.3
Forecast, 2028 (US$M)
$612.1
CAGR, 2022 - 2028
3.1%
Report Coverage
Latin America

Latin America nasal cannula market highlights

  • The Latin America nasal cannula market generated a revenue of USD 494.3 million in 2021.
  • The market is expected to grow at a CAGR of 3.1% 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, Mexico is expected to register the highest CAGR from 2022 to 2028.


Latin America data book summary

Market revenue in 2021USD 494.3 million
Market revenue in 2028USD 612.1 million
Growth rate3.1% (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, Latin America region accounted for 7.4% 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

Latin America 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 64.48% in 2021. Horizon Databook has segmented the Latin America 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 Latin America 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 Latin America nasal cannula market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America nasal cannula market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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

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

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

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