Cannula is a hollow tube with the retractable, sharp inner core inserted into an artery or a vein, or another body cavity, to manage the intravenous fluids and medicines, and collect the blood samples. Cannula are accessible in diverse designs and configurations for ease of usage which are dependent on the surgical approach or methods. Throughout the cardiac surgery, IV indwelling cannula delivers high flow in small spaces with the minimal intrusion.
According to the report analysis, ‘Global IV Indwelling Cannula Market, 2021-2027’ states that Becton, Dickinson and Company, B. Braun Melsungen AG, Nipro Corporation, Smiths Medical, Inc., Terumo Corporation, Togo Medikit Co., Ltd., Hakko Corporation, Shanghai Kindly Enterprise Development Group Co., Ltd., Jiangxi Sanxin Medtec Co., Ltd., Weigao Group, PW Medtech Group Ltd., Guangdong Baihe Medical Technology Co., Ltd., Suzhou Linhwa Medical Devices Co., Ltd. and many more are the key corporates which recently operating in the global IV indwelling cannula market more actively for leading the highest market growth, registering the handsome value of market share around the globe, obtaining the competitive, generating the high percentage of revenue, ruling around the globe and keep maintaining the dominating position by increasing the applications and benefits of such, delivering the better consumer satisfaction, spreading the awareness connected to the benefits and applications of such, establishing the several research and development programs, improving the qualitative and quantitative measures of such and implementing the expansion strategies and policies of profit making.
Based on the application, the IV indwelling cannula market is classified into hospital and clinics. Based on region, the IV indwelling cannula market is classified into North America, Europe, Asia-Pacific, South America and MEA (the Middle East, and Africa). Whereas, it is anticipated Asia-Pacific presents lucrative opportunities for the foremost players functioning in the IV indwelling cannula market, due to high prevalence of hospital-acquired infections, increasing awareness among patients and medical professionals, and augmented spending on medical hygiene are also projected to give a foremost boost to the market around economies such as China, India, and Japan, amongst others. Moreover, the market growth in this region is attributable to augment in requirement for indwelling catheters owing to the growth in geriatric population, high awareness, and unceasing funding from government to advance IV indwelling cannula.
Proficient growth in the prevalence of chronic syndromes such as urological disease, diseases linked with urinary bladder, kidney failures, and several others are the foremost factors that propel the global IV indwelling cannula market. In addition, augment in demand for minimal invasive surgeries among patients further propels the IV indwelling cannula market growth. In addition, augment in incontinence problems due to augment in geriatric population base around the globe, and increment in demand for sterile & disposable cannula underwrite to the market growth. Furthermore, effective growth in reimbursement levels and improvements in cannula technology is projected to create lucrative opportunities for the IV indwelling cannula market during the near future.
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Global IV Indwelling Cannula Market Growth Rate, 2021-2027
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Ankur Gupta, Head Marketing & Communications