A cannula is a hollow tube with a retractable, sharp inner core that is inserted into an artery, vein, or other body cavity to draw fluid or administer medication intravenously. Some of the major factors driving the cannula market include an increase in the number of surgeries and minimally invasive procedures, a growing patient pool, and improved health care infrastructure and conditions in emerging economies. The cannula market is divided into segments based on the type of cannula used for various applications, the size of the cannula, and the material used to make it.
The market has been divided into six major segments based on the type of cannula used, which are as follows:
- Cannula for the heart
A vascular cannula is a tube that is inserted into the body to
Cannula for arthroscopy
Cannula for dermatology
Cannula for the nose
Others
Cardiac cannulas account for the majority of the cannula market, owing to the high prevalence of cardiovascular diseases and the large number of hospital admissions associated with cardiac conditions. According to the World Health Organization (WHO), cardiovascular diseases are the leading cause of death worldwide, accounting for approximately 17.5 million deaths in 2012, accounting for 31% of all deaths. Furthermore, according to the Heart Foundation of Australia, cardiovascular diseases are one of the leading causes of hospitalisation, accounting for 523,805 hospitalizations between 2011 and 2012 and playing a secondary role in another 800,000 hospitalizations in Australia. The high prevalence of cardiovascular diseases, combined with the high number of hospitalizations and associated morbidity and mortality rates, is driving up demand for cardiac cannulas in intravenous drug delivery.
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The market has been segmented based on cannula size as follows:
- The colour orange (14G)
The colour grey (16G)
The colour green (18G)
The colour pink (20G)
Violet (22G) Blue (22G) Yellow (24G) (26G)
The size of the cannula is determined by the variation of different colours; for example, orange represents a 14G cannula, while green and blue represent cannulas of sizes 18G and 22G, respectively. The use of various cannula sizes is determined by the patient’s age and physique, as well as the application of the cannula. The smaller the cannula gauge, the larger the diameter and the faster the fluid flow. Blue coloured cannulae, for example, have a fluid flow rate of 36 ml per minute and are usually preferred for infants and children due to their small size, as well as patients with difficult to cannulate veins, such as cancer and elderly patients. These cannulas are primarily used to administer antibiotics, normal saline, and anticoagulant medications such as heparin.
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The market has been classified into three types based on the material used to construct cannulas, which are as follows:
Plastic Metal Silicone Silicone material is expected to be the cannula market’s fastest growing segment. The non-irritant nature of the material is a major factor driving the growth of the silicone cannula market. Furthermore, this type of cannula is more flexible and soft, making its use more comfortable and manageable for both the health care professional and the patient.
The cannula market has been divided into four geographical segments: North America, Europe, Asia Pacific, and the Rest of the World. Boston Scientific Corporation, Teleflex Incorporated, Conmed Corporation, Sorin Group, Edward Lifescience Corporation, Medtronic plc, Terumo Corporation, Smith & Nephew plc, Smiths Medical, and Maquet Holding B.V. & Co. KG are the major market players in the cannula market.