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The Latin America, Middle East and Africa Nasal Cannula Market would witness market growth of 5% CAGR during the forecast period (2021-2027).
The nasal cannula market is driven by the growing occurrence of chronic respiratory diseases and the high adoption rate of single-use nasal cannula. Other factors that are contributing to the growth of the market include the availability of technologically advanced nasal cannula made up of soft material that is very comfortable to use.
Nasal cannulas are used to deliver supplementary oxygen at the low flow and low concentration in stable state patients. They supply oxygen in a flexible manner. It means the amount of oxygen to be inspired is determined by the patient’s breathing rate and the pattern of breathing. In some instances, in acute situations, there is a need for a higher concentration of oxygen. So instead of nasal cannula, a non-rebreathe mask or simple oxygen mask is used. In nasal cannula, the flow rates of oxygen range from 1-4 liters per minute paralleling to a concentration of about 24-40% oxygen.
Although the health care infrastructure is not very good in Sub-Saharan Africa. The adoption of advanced healthcare products including nasal cannula is still low as compared to other developed countries. Thus, effective regulatory frameworks similar to international standards, are important to expand access to quality medical devices in these regions. It is expected that a streamlined regulatory process in African nations will attract innovators to bring advanced medical devices into the African market. In the meanwhile, the growing healthcare expenditure and favorable healthcare policies, and increasing government initiatives are expected to create a better environment for patients who are suffering from respiratory problems. Also, the changing lifestyle, increasing smoker’s percentage, and air pollution are likely to contribute to increasing incidences of respiratory diseases. All these factors are likely to boost the market growth of nasal cannula in Africa.
The Plastic market dominated the South Africa Nasal Cannula Market by Material in 2020, thereby, achieving a market value of $102.6 million by 2027. Additionally, The Silicone market is expected to witness highest CAGR of 6.6% during (2021-2027).
Based on Material, the market is segmented into Plastic and Silicone. Based on End Use, the market is segmented into Hospitals, Long Term Care Centers, Ambulatory Healthcare Services, and Other End Uses. Based on Type, the market is segmented into Low Flow Nasal Cannula and High Flow Nasal Cannula. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Nasal Cannula Market is Predict to reach $7.9 Billion by 2027, at a CAGR of 4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Allied Healthcare Products, Inc., Besmed Health Business Corporation, ResMed, Inc., Teleflex, Inc., Medical Depot, Inc. (Drive DeVilbiss Healthcare), Fairmont Medical Products Pty. Ltd., Fisher and Paykel Healthcare Limited, Sunset Healthcare Solutions, Inc., Smiths Group PLC, and Flexicare Medical Ltd.
By End Use
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