Market Overview:
The global high-flow nasal cannula market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The market growth can be attributed to the increasing prevalence of respiratory diseases and growing geriatric population. Additionally, technological advancements in high-flow nasal cannulas are also contributing to the growth of this market. However, lack of awareness about high-flow nasal cannulas among healthcare professionals is restraining the growth of this market. Based on type, the global high-flow nasal cannula market is segmented into air/oxygen blender, active humidifier, single heated tube, nasopharyngeal tubes and others. The air/oxygen blender segment accounted for the largest share in 2017 and is expected to maintain its dominance during the forecast period owing to its ability to provide both oxygen and air mixture as per requirement. Based on application, hospitals accounted for majority share in 2017 and is anticipated grow at a significant rate during 2018–2030 owing rising number of patients suffering from respiratory diseases such as chronic obstructive pulmonary disease (COPD), pneumonia etc., across hospitals globally .
Product Definition:
A high-flow nasal cannula is a device that delivers oxygen to patients through their noses at higher flow rates than traditional nasal cannulas. This can be important for patients who are not getting enough oxygen from standard devices or who need to be weaned off of mechanical ventilation.
Air/Oxygen Blender:
The air/oxygen blender is a device used to mix an oxygen-rich gas with ambient air. The resulting mixture is passed through a patient's nose for administration in respiratory therapy. It works by creating a high-pressure oxygen stream (5 - 20 psi) which aids in delivering 100% Oxygen to the patient and also helps remove Carbon Dioxide, Metabolic Waste Products and other Gases from the Patient's Body.
Active Humidifier:
Active humidifiers are devices that produce and maintain humidity. They can be powered by electricity or can run on manual. The most common type of active humidifier is the warm mist humidifier, which produces steam by heating water in a closed vessel. This steam is then directed into the air through a hose and vent pipe to create an environment conducive to healing respiratory ailments such as bronchitis, asthma, etc.
The other type of active humidifiers are called cool mist.
Application Insights:
Based on application, the global high-flow nasal cannula market is segmented into hospitals, long-term care centers, ambulatory care centers and others. The other applications include clinics and emergency rooms. Hospitals were the largest revenue generating segment in 2017 owing to factors such as a large patient base requiring critical respiratory support along with an increasing number of hospital beds across the globe.
The need for efficient methods of ventilation in order to maintain adequate oxygenation during procedures such as CABG (coronary artery bypass grafting) surgeries has led to an increased demand for HFCN devices among hospitals globally. In addition, growing awareness about these devices coupled with their ability to reduce anxiety among patients undergoing surgery is expected fuel product demand over the forecast period.
Regional Analysis:
North America dominated the global high-flow nasal cannula market in 2016. The presence of well-established healthcare facilities, favorable reimbursement policies, and increasing awareness about advanced devices are some of the major factors responsible for this dominance. In addition, growing preference for noninvasive surgeries such as rhinoplasty is also expected to drive growth during the forecast period.
Asia Pacific is anticipated to be one of the fastest growing regions owing to a large patient pool and rising demand for efficient healthcare services in emerging economies such as India and China. Moreover, government initiatives aimed at improving public health infrastructure are likely to boost product demand over the forecast period The introduction of insurance schemes that cover a portion or all medical expenses incurred due to illness or injury has led consumers consider seeking medical assistance only when it’s too late; thus hampering treatment rates leading ultimately higher mortality rates which would further increase disease prevalence creating an ever spiraling cycle.
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 5.0% from 2016 to 2020, owing to the increase in life expectancy and the growth in the number of people aged 65 years and above. This will result in an increase in demand for High-flow Nasal Cannula devices as they are commonly used for respiratory care among elderly patients.
- Rising prevalence of respiratory diseases: The prevalence of respiratory diseases such as asthma, chronic obstructive pulmonary disease (COPD), and pneumonia is increasing due to changing lifestyles and environmental factors. This is resulting in an increased demand for High-flow Nasal Cannula devices as they offer an effective treatment option for these diseases.
- Technological advancements: The development of new technologies has led to the introduction of innovative High-flow Nasal Cannula devices that are more comfortable and easier to use than traditional devices. This is expected to boost the growth of the market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
High-flow Nasal Cannula Market Research Report
By Type
Air/Oxygen Blender, Active Humidifier, Single Heated Tube, Nasal Cannulas, Others
By Application
Hospitals, Long-term Care Centers, Ambulatory Care Centers, Others
By Companies
Fisher & Paykel Healthcare, ResMed, Teijin Pharma, Becton Dickinson, MEK-ICS, Teleflex, Smiths Medical, Vapotherm, Flexicare, Salter Labs, Fisher & Paykel Healthcare, TNI medical, Great Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global High-flow Nasal Cannula Market Report Segments:
The global High-flow Nasal Cannula market is segmented on the basis of:
Types
Air/Oxygen Blender, Active Humidifier, Single Heated Tube, Nasal Cannulas, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Long-term Care Centers, Ambulatory Care Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fisher & Paykel Healthcare
- ResMed
- Teijin Pharma
- Becton Dickinson
- MEK-ICS
- Teleflex
- Smiths Medical
- Vapotherm
- Flexicare
- Salter Labs
- Fisher & Paykel Healthcare
- TNI medical
- Great Group
Highlights of The High-flow Nasal Cannula Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Air/Oxygen Blender
- Active Humidifier
- Single Heated Tube
- Nasal Cannulas
- Others
- By Application:
- Hospitals
- Long-term Care Centers
- Ambulatory Care Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High-flow Nasal Cannula Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A high-flow nasal cannula is a medical device that helps people with breathing problems breathe more easily. It's a long, thin tube that goes down your nose and into your lungs. The cannula has a valve on one end that allows air to flow in and out quickly. This helps people with breathing problems breathe more easily and avoid getting tired from trying to take deep breaths.
Some of the key players operating in the high-flow nasal cannula market are Fisher & Paykel Healthcare, ResMed, Teijin Pharma, Becton Dickinson, MEK-ICS, Teleflex, Smiths Medical, Vapotherm, Flexicare, Salter Labs, Fisher & Paykel Healthcare, TNI medical, Great Group.
The high-flow nasal cannula market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High-flow Nasal Cannula Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High-flow Nasal Cannula Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High-flow Nasal Cannula Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High-flow Nasal Cannula Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High-flow Nasal Cannula Market Size & Forecast, 2020-2028
4.5.1 High-flow Nasal Cannula Market Size and Y-o-Y Growth
4.5.2 High-flow Nasal Cannula Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Air/Oxygen Blender
5.2.2 Active Humidifier
5.2.3 Single Heated Tube
5.2.4 Nasal Cannulas
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Long-term Care Centers
6.2.3 Ambulatory Care Centers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High-flow Nasal Cannula Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High-flow Nasal Cannula Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Air/Oxygen Blender
9.6.2 Active Humidifier
9.6.3 Single Heated Tube
9.6.4 Nasal Cannulas
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Long-term Care Centers
9.10.3 Ambulatory Care Centers
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Air/Oxygen Blender
10.6.2 Active Humidifier
10.6.3 Single Heated Tube
10.6.4 Nasal Cannulas
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Long-term Care Centers
10.10.3 Ambulatory Care Centers
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Air/Oxygen Blender
11.6.2 Active Humidifier
11.6.3 Single Heated Tube
11.6.4 Nasal Cannulas
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Long-term Care Centers
11.10.3 Ambulatory Care Centers
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Air/Oxygen Blender
12.6.2 Active Humidifier
12.6.3 Single Heated Tube
12.6.4 Nasal Cannulas
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Long-term Care Centers
12.10.3 Ambulatory Care Centers
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Air/Oxygen Blender
13.6.2 Active Humidifier
13.6.3 Single Heated Tube
13.6.4 Nasal Cannulas
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Long-term Care Centers
13.10.3 Ambulatory Care Centers
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High-flow Nasal Cannula Market: Competitive Dashboard
14.2 Global High-flow Nasal Cannula Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Fisher & Paykel Healthcare
14.3.2 ResMed
14.3.3 Teijin Pharma
14.3.4 Becton Dickinson
14.3.5 MEK-ICS
14.3.6 Teleflex
14.3.7 Smiths Medical
14.3.8 Vapotherm
14.3.9 Flexicare
14.3.10 Salter Labs
14.3.11 Fisher & Paykel Healthcare
14.3.12 TNI medical
14.3.13 Great Group
