A cannula is a flexible tube with a retractable and sharp inner core inserted into a vein or an artery or in other body cavities of a patient to remove or deliver fluids for treatment or medical investigational procedures like infusing medication or obtaining blood samples. According to Market Stack, the Global Cannula Market is expected to grow considerably during the forecasted period. Factors such as the nasal cannula utilized for administering oxygen by running the plastic tubing beneath the nose are expected to drive the Global Cannula Market in the forecasted period. Further, rising incidences of cardiovascular diseases and the shifting preference toward minimally invasive surgeries (MIS) are expected to drive the Global Cannula Market in the forecasted period. Furthermore, governments of various countries are introducing multiple policies for providing primary healthcare services, and with continuous advancements in healthcare facilities, further bolstering the market growth in the forecasted period. However, the danger of injury to the nerves and other complications due to improper cannula stabilization is predicted to hinder the Cannula market in the forecasted period.

A nasal cannula is an appliance that helps people who require help breathing by giving them extra oxygen airflow through their nose. This device is comprised of a lightweight tube that breaks at one end into two prongs put in the nostrils, through which air and oxygen flow. The nasal cannula can be utilized for short or long periods and is available for people of all ages. It lets you breathe through your mouth and nose. The number of people who require nasal cannulas is going up due to more people getting respiratory diseases and going to the hospital owing to injuries or heart problems. Heated, humidified high-flow therapy passes a high flow of medical gasses to individuals, creating a clean wash-out path for the upper airway. Nowadays, heated, humidified high-flow nasal cannula has increased in popularity in treating certain respiratory disorders such as hypoxemia, acute asthma, shortness of breath, and pulmonary embolism. The nasal cannulas offer a high rate of oxygen, up to 60 LPM, and help to reduce the requirement for intubation and non-invasive ventilation in specific individuals. It is generally used for patients in emergency departments or critical care units who have migrated to the home care environment. Introducing such nasal cannulas in pediatric respiratory and prenatal care has witnessed a successful adoption in recent years. The rising utilization of nasal cannulas in respiratory support contributes to the increasing demand for high-flow nasal cannulas, leading to market growth in the forecasted period. Thus, expanding adoption will propel the nasal cannula market growth during the forecasted period.

North America is a significant contributor to the market due to the increase in surgeries and minimally invasive procedures, rising cases of injuries, surging bariatric surgeries, and rising hospital admissions in the region. The increasing demand for minimally invasive surgical processes by healthcare professionals and patients is also a significant factor propelling revenue growth of the market. Minimally Invasive Surgery is a modern surgical approach that aims to achieve the same therapeutic outcomes as standard open surgery. MIS helps to reduce postoperative pain, minimize scarring, shorten recovery times, and improve patient outcomes. Advancements in endoscopic cameras, surgical instruments, and robotic-assisted surgery have made the MIS process more effective and accessible. Minimal invasive surgery procedures lead to cost savings in the healthcare system. Cannulas offer a pathway for surgical instruments, such as endoscopes or laparoscopic tools, to enter the body and access the surgical site. Some cannulas have built-in optics that allow surgeons to envision internal structures and organs on a video monitor during the surgery. The use of cannulas in MIS has revolutionized the field of surgery, allowing for decreased scarring, shorter hospital stays, reduced postoperative pain, and faster patient recovery times. The high prevalence of respiratory disorders, such as chronic obstructive pulmonary disease (COPD) and asthma, contributes to the strong demand for nasal cannulas.

Additionally, the increasing adoption of home healthcare settings further drives the market for nasal cannulas, as they are commonly used in long-term oxygen therapy for patients with respiratory conditions. The fastest-growing type in the global cannulas market is dermatology cannulas. Dermatology cannulas are designed for various dermatological procedures, such as dermal fillers, lip augmentation, and wrinkle reduction. These cannulas offer advantages over traditional needles, including reduced trauma, minimized bruising, and Improved precision during aesthetic treatments. The surging demand for minimally invasive cosmetic procedures and the increasing awareness of the benefits of dermatology cannulas are driving their rapid growth in the market.

The market key players are Medtronic, Becton Dickinson (BD), Edward Lifesciences, LivaNova, and Smiths Medical.

In February 2022, Gilde Healthcare, an investor specializing in healthcare technologies, obtained EUROPIN, the leading medical needle producer, to form a leading integrated contract manufacturer for tailor-made cannulas and cannula systems.

In September 2021, PDO Max launched a numbing cannula for virtually painless PDO Thread Procedures. The Cannula Max is polydioxanone Max's newest product with a 21G and 100mm blunt numbing cannula that offers a convenient way to numb the track where polydioxanone threads will be placed.

Global Cannula Market report provides deep insight into the market's current and future state across various regions. The study comprehensively analyses the Cannula market by segmenting based on the Product (Cardiac, Vascular, Arthroscopy, Nasal and Others), Type (Neonatal, Straight, Winged and Others), Application (Cardiovascular, Oxygen Therapy, Orthopaedic, Neurology and Others), Material (Silicone, Plastic and Metal), End User (Hospital, Ambulatory Surgical Centers, and Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of COVID-19 on the market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.