Middle East And Africa Cannula Market is at the cusp of crossing USD 11.2 billion in 2021
Middle East and Africa Cannula Market was worth USD 8.7 billion in 2016 and
estimated to be growing at a CAGR of 5.24%, to reach USD 11.2 billion by 2021.
Cannula is a tube which is inserted into the body for purposes such as
injection of fluid, removal of fluid and collection of data. A cannula can
cover the inner and outer layers of a trocar needle, thus increasing the
effective length of the needle by about half the original length of the needle.
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In veterinary applications, it is used to
relieve cattle from bloating and pressure in abdomen which is most commonly
caused by the accidental consumption of legume. They are also used in the
insertion of verichip. In aesthetic medicine, it finds its application in the
form of blunt-tip cannula which has a small tube with an edge which is used for
subdermal injection of gels or fluids. It is also used in liposuction
procedures for injecting cosmetic wrinkle filters like collagen and hyaluronic
acid. A push-pull cannula which can both inject and withdraw fluid is used to
study the effects of different chemicals on a cell.
The driving factors of Middle East and Africa
Cannula market are advancements in healthcare facilities, rising number of
surgeries, large number of patients, growing investment in research and
development, rising investments by government and growing number of minimally
invasive procedures among others. However, the market is constrained by factors
like uncertain frameworks in regulations.
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The Cannula market is divided on the basis of
application into oxygen therapy, general surgery, cardiovascular surgery,
plastic surgery, orthopaedic surgery and other applications. Plastic surgery
has the highest growth rate in the segment. By product, the market is segmented
into vascular cannulas, cardiac cannulas, arthoscopy cannulas, nasal cannulas,
dermatology cannulas and other products. Dermatology cannulas segment is
expected to be the fastest growing in the segment. On the basis of material,
the market is segmented into metal, silicone and plastic. By end users, the
market is divided into hospitals, ambulatory surgical centres and other end
users.
The market in the region can be divided based
on geography broadly into Middle East and Africa regions. Factors such as
rising number of surgical procedures and large number of patients is expected
to drive the market growth in the region.
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Some of the major players in the market are
Medtronic plc (U.S.), Edward Lifesciences Corp. (U.S.), Terumo Corporation
(Japan), Sorin Group (Italy), and Maquet Holding B.V. & Co. KG (Germany)
among others.
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