Global Nasal Cannula Market is Expected to be Worth US$ 6,801.7 Million in 2021, with a CAGR of 6.4% Over the Forecast Period (2021-2028)

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Nasal Cannula
Nasal Cannula

A nasal cannula is a device used to provide oxygen or increase the airflow of oxygen to a patient suffering from respiratory disease. This device is made up of lightweight plastic or silicon tubes that split into two prongs that are placed in the patient's nostrils to supply oxygen. The rising prevalence of respiratory diseases will drive the Nasal Cannula Market. This tube's other end is connected to an oxygen generator or flow meter. This nasal tube transports approximately 1–3 liters of oxygen per minute. It can vary depending on the needs of the patients. 

Impact of the Coronavirus (COVID-19) Pandemic on the Global Nasal Cannula Market. COVID-19 has affected patients' respiratory systems, resulting in a low level of oxygen in patients, necessitating the provision of supplemental oxygen to patients in order for them to recover from respiratory issues, which is expected to drive the growth of the global market for nasal cannula over the forecast period. 

For example, a PubMed article about High-Flow Nasal Cannula (HFNC) therapy for COVID-19 published on October 1, 2020, states that using a high-flow nasal cannula for critically ill patients with COVID-19 helps in restoring oxygenation for severe acute respiratory failure issues. This study found that High Flow Nasal Cannulas (HFNC) reduced intubation and mortality in critically ill patients with COVID-19, and the study concluded that HFNC is effective.

According to a study published by the National Center for Biotechnology Information (NCBI) on September 29, 2020, 39 percent of COVID-19 patients suffered from acute respiratory distress syndrome, indicating a high need for providing oxygen needs for patients, which is expected to grow the Nasal Cannula Market. The World Health Organization - United Nations Children's Fund (WHO-UNICEF) provided the following flowchart about technical specifications and guidelines for oxygen therapy devices, which shows the workflow of the oxygen system provided to patients. As a result, the nasal cannula is used to deliver oxygen.

Source Link: https://www.globenewswire.com/news-release/2021/12/22/2356791/0/en/At-6-4-CAGR-Global-Nasal-Cannula-Market-to-Surpass-US-10-491-1-Million-by-2028-Says-Coherent-Market-Insights-CMI.html

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