The High-Flow Nasal Cannula Market is projected to grow with a CAGR of nearly 12% over the forecast period 2021-2027.
The High Flow Nasal Cannula (HFNC) is an oxygen delivery system capable of delivering up to 100% humidified and heated oxygen at flow rates of up to 60 liters per minute. HFNC is attracting attention as an alternative respiratory support for critically ill patients. Although HFNC is used in the treatment of respiratory diseases such as asthma and COPD, it is useful in the treatment of hypercapnic respiratory failure, and mild to moderate hypoxic respiratory failure can be performed using a high flow nasal cannula. The growth of high-flow nasal cannulas in the medical market is attributed to the increasing incidence of asthma and COPD worldwide and the growing geriatric population. However, side effects associated with the use of high flow nasal cannulas are expected to impede the market growth.
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Market Segments
By Component
- Air Oxygen Blender
- Nasal Cannula
- Heated Inspiratory Circuit
- Active Humidifier
By Application
- Bronchiectasis
- Acute Respiratory Failure
- Acute Heart Failure
- Chronic Obstructive Pulmonary Disease (COPD)
Key Players
Some of the companies which are currently dominating the market are ResMed, Fisher & Paykel Healthcare Limited, Devatec, Teleflex Incorporated, Smiths Medica, Vapotherm, Hamilton Medical, Flexicare Medical Limited, TNI medical AG, Great Group Medical Co., Ltd.
Scope of the Report
The research study analyzes the global High-Flow Nasal Cannula industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global ## Market is available at: https://www.orionmarketreports.com/high-flow-nasal-cannula-market-market/62235/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by High-Flow Nasal Cannula Market Report
1. What was the High-Flow Nasal Cannula Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the High-Flow Nasal Cannula Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the High-Flow Nasal Cannula Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global High-Flow Nasal Cannula market.
- The market share of the global High-Flow Nasal Cannula market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global High-Flow Nasal Cannula market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global High-Flow Nasal Cannula market.
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