The newly added High Flow Nasal Cannula Market research report by Value Market Research disclose all the important information associated with the market such as value, growth factor, trends, market share, size, and challenges for the forecasted timeline 2020-2028. Further, this report also highlights smart strategy adopted by major players and also their market share. Basically, this report is designed to give a proper understanding of industry structure and competition intensity attractiveness.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the High Flow Nasal Cannula market include Great Group Medical Co., Ltd., Salter Labs, TNI Medical Ag, Mek-Ics Co., Ltd., Flexicare Medical Limited. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Respiratory distress is one of the most common causes of hospitalization. Respiratory support using heated humidified high-flow nasal cannula (HFNC) therapy has become an established practice in neonatal intensive care. It has been increasingly used in a variety of clinical settings. HFNC therapy has a potential clinical advantage in the management of children hospitalized with respiratory distress compared with conventional oxygen therapy. It overcomes flow limitations of low- and intermediate-flow devices by delivering up to 60 litres per minute of heated, humidified gas through nasal prongs. The growing aging population, burden of respiratory diseases, and expansion of public expansion are factors driving the growth of the market. Developing countries are improving access to healthcare and is executing pan of expansion at the fastest pace.
Currently, the market is experiencing an exceptional phase owing to the coronavirus outbreak leading even to a shortage in supply. The primary approach for COVID-19 patients is supportive care which includes oxygen therapy for hypoxemic patients, in which high-flow nasal cannula (HFNC) was reported as effective in improving oxygenation. COVID-19 is an emerging and rapidly evolving situation. As a result, the demand for HFNC is contributing to the critical shortage worldwide. This brings and uncertainity and restrain to growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of High Flow Nasal Cannula.
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The entire High Flow Nasal Cannula market has been sub-categorized into application and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Acute Respiratory Failure
- Acute Heart Failure
- Chronic Obstructive Pulmonary Disease
By End User
- Long-Term Care Centers
This section covers regional segmentation which accentuates on current and future demand for High Flow Nasal Cannula market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
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