The report analyzes and presents an overview of “Arterial Cannulae Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” worldwide.
The main objective of this report is to define, describe, and forecast the global “Arterial Cannulae” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.
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Arterial cannulae are used during cardiopulmonary bypass (CPB) in perfusion of the ascending aorta. These are made up of different materials such as biocompatible material, silicone, polyurethane, polyvinyl chloride (PVC), and others. All cannulae are usually flexible, transparent with rigid tips or smooth plastic tips, and with or without a connector. The tip of a cannula can be straight or curved. It has a vent plug for de-airing of the cannula during the cannulation. Some cannulae have features such as wire-reinforcement, which diminish the risk of kinking and reducing wall thickness.
The growth of the global arterial cannulae market is driven by the rise in incidence of cardiopulmonary disorders, leading to a rising number of bypass procedures performed worldwide. In addition, rising health care expenditure, advancement in health care facilities in developing countries, and sedentary lifestyle of general population leading to cardiac diseases and obesity are the major factors driving the market growth of arterial cannulae. However, rising cost of equipment and lack of skilled physicians to perform surgeries are key factors which are hampering the growth of the global arterial cannulae market. On the other hand, penetration of regional local players with low cost devices is likely to drive the growth of the market in emerging economies. Technological advancements and innovations in the arterial cannula such as movable suture ring, tapered collar, and straight tip are likely to increase the adoption rate of arterial cannulae during the forecast period.
The global arterial cannulae market has been segmented by product, material, end-user, and region. In terms of product, the market is divided into soft-flow arterial cannulae, optiflow arterial cannulae, and standard arterial cannulae. The soft-flow arterial cannulae are gentle on the aorta, which can be easily inserted, and are intended for use during CPB surgery in the perfusion of the ascending aorta. The optiflow arterial cannulae are designed to have a dispersive tip which helps in the reduction of shear stress on the aortic wall. The optiflow arterial cannulae segment is segmented into straight tips and bent tips. The tips are designed to reduce the pressure of the inlet jet stream on the aorta. This alleviates arterial embolization of atherosclerotic plaques which are the potential cause of stroke. Such technological innovation is likely to drive the growth of the optiflow arterial cannulae segment during the forecast period.
Based on material, the global arterial cannulae market is segmented into biocompatible material, polyurethane, PVC, silicone, and others. In terms of end-user, the market is segmented into hospitals, ambulatory surgical centers, clinics, and others (blood banks and home health care facilities). The hospitals segment held the largest share of the arterial cannulae market as compared to ambulatory surgical centers and others. The significant market share of the hospitals segment is attributed to the growing number of patients suffering from cardiac disorders and increasing health care awareness.
Geographically, the market for arterial cannulae has been distributed over five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is likely to dominate the global arterial cannulae market in terms of revenue during the forecast period owing to growing prevalence of cardiovascular diseases due to sedentary lifestyle, increasing adoption of minimally invasive techniques, and rising number of surgeries. However, Asia Pacific is projected to expand at a significant CAGR during the forecast period due to advancement in the health care facilities, increased investment in R&D, large population base suffering from cardiovascular disorders, and rising government funding in the healthcare sector.
Key players operating in the global arterial cannulae market include MAQUET Holding B.V. & Co. KG, Becton Dickinson, Medtronic Inc., Edwards Lifesciences Corporation, Sorin Group, Braile Biomédica, ANDOCOR n.v., DTR Medical, Medline Industries, Inc., Mortech Industries, and Eurosets.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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