Increasing Product Launches Of Nasal Cannula Is Expected To Propel The Global Nasal Cannula Market Growth Over The Forecast Period

 

Nasal Cannula

Nasal cannulas are medical devices that are used when people don't get enough oxygen to keep their bodies functioning properly, whether due to a condition like chronic obstructive pulmonary disease (COPD), another respiratory disorder, or a change in the environment. Nasal cannulas (along with the oxygen sources they connect to) are small, light, and inexpensive. They can be used in a variety of settings, including hospitals, at home, and on the go.

 

The rise in the prevalence of respiratory diseases around the world is a major contributor to the market's growth. Chronic respiratory diseases were one of the leading causes of morbidity, with about 40% of chronic respiratory disease cases increasing from 1990 to 2017, with asthma and COPD accounting for the majority of the increase. Patient footfall is expected to increase as healthcare expenditures rise in most countries, and government initiatives under the public healthcare system to provide affordable healthcare and raise awareness are expected to increase. Furthermore, changes in lifestyle, an increase in the percentage of smokers, changing climatic conditions, and rising air pollution all contribute to an increase in respiratory diseases, resulting in the growth of the Nasal Cannula Market.

 

The rising prevalence of respiratory diseases, the growing geriatric population, and rising adoption are all contributing to the global nasal cannula market's growth. Furthermore, the current Covid 19 pandemic has resulted in a surge in demand for nasal cannulas in most countries, prompting key players to ramp up production to meet the demand.The key players' focus on research and development, as well as technological advancements, has resulted in a more flexible and comfortable nasal cannula that can be used to treat a variety of indications. The nasal cannula's wide distribution network and growing e-commerce capability have enabled its availability worldwide, resulting in increased adoption and market growth.

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