Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Product Type (Nasal cannula, Straight cannula, Winged cannula, Cannulas with wings and ports, Cannulas with integrated stop cock, Others), By Material (Plastic, Silicone, Others), By Patient (Adult, Pediatric), By End-use (Hospitals, Ambulatory surgical centers, Diagnostic laboratories, Clinics, Others) And Competitive Landscape
Product Code: ETC077821 | Publication Date: Aug 2021 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Africa Cannula Market |
Forecast period | 2025-2031 |
CAGR | 8.3% |
Growing Sector | Healthcare |
Africa Cannula Market report thoroughly covers the market By Countries, By Product Type, By Material, By Patient, and By End-use. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Africa Cannula Market is witnessing a period of robust growth, driven by increasing healthcare expenditures, a rising number of surgeries, and the escalating prevalence of chronic diseases across the continent. Enhanced awareness about the importance of minimally invasive surgeries among patients and healthcare providers alike has notably contributed to the surge in demand for cannulas. With advancements in medical technology and a focus on improving patient outcomes, the market is poised for significant expansion in the coming years.
According to 6Wresearch, the Africa Cannula Market size is expected to grow, reaching at a CAGR of 8.3% during the forecast period of 2025-2031. The growth of the industry is propelled by several factors, including the rising incidence of chronic diseases, an increase in surgical procedures, and the growing demand for minimally invasive surgeries.
Notably, the significant advancement in healthcare infrastructure and the surge in healthcare expenditure are providing substantial momentum. The industry encompasses the technological innovation in cannula design, contributing to enhanced safety and comfort for patients. However, the Africa Cannula Market Growth faces notable restraints such as the high cost of advanced cannulae and a lack of skilled healthcare professionals in some regions. Despite these challenges, emerging opportunities are fueled by the expanding geriatric population prone to various medical conditions requiring surgeries and the increasing investments in the healthcare sector by both government and private entities.
In recent years, the government have introduced policies and schemes designed to boost the local cannula market, focusing on improving healthcare standards and encouraging the production of medical devices within the continent. These initiatives include tax incentives for manufacturers, subsidies for research and development in the medical field, and streamlined regulatory processes for medical device approval. One of the primary ways in which governments have supported the Africa cannula industry is through tax incentives for manufacturers. These incentives can take various forms, such as reduced corporate taxes, exemptions on import duties and value-added taxes (VAT), or tax credits for research and development activities. Another crucial aspect of government support for the Africa cannula market is through subsidies or grants for research and development (R&D) activities.
The Africa cannula market is characterized by a mix of global and local players, each contributing to the growth and development of the industry. Key international companies have established a presence through partnerships and acquisitions, whereas local firms are focusing on catering to specific regional needs and preferences. Some of the key players in the Africa cannula market include Smiths Medical, Medtronic, Terumo Corporation, Teleflex Incorporated, and Becton Dickinson and Company.
The Africa cannula market is poised for significant growth driven by increasing healthcare investments, an aging population, and a rising awareness of minimally invasive surgical procedures. The market is expected to benefit from technological advancements, such as the development of more sophisticated and safer cannulae, contributing to improved patient outcomes. Furthermore, the expansion of healthcare infrastructure across the continent and the implementation of government healthcare programs will likely increase the demand for cannulae, presenting ample opportunities for key players and new entrants in the market.
According to Mohit, Senior Research Analyst, 6Wresearch, the nasal cannula segment is significantly growing over the forecast period. This trend is primarily due to the high demand for oxygen therapy treatments among patients with respiratory disorders, a common health issue in the continent.
By End-use, hospitals segments substantially dominate the Africa Cannula Market Share due to the expanding capabilities of hospitals in providing a wide range of treatments and surgeries that necessitate the use of cannulas.
Key attractiveness of the report
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Cannula Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Cannula Market Revenues & Volume, 2021 & 2031F |
3.3 Africa Cannula Market - Industry Life Cycle |
3.4 Africa Cannula Market - Porter's Five Forces |
3.5 Africa Cannula Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Africa Cannula Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Africa Cannula Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Africa Cannula Market Revenues & Volume Share, By Patient, 2021 & 2031F |
3.9 Africa Cannula Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Africa Cannula Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Cannula Market Trends |
6 Africa Cannula Market, 2021 - 2031 |
6.1 Africa Cannula Market, Revenues & Volume, By Product Type, 2021 - 2031 |
6.2 Africa Cannula Market, Revenues & Volume, By Material, 2021 - 2031 |
6.3 Africa Cannula Market, Revenues & Volume, By Patient, 2021 - 2031 |
6.4 Africa Cannula Market, Revenues & Volume, By End-use, 2021 - 2031 |
7 South Africa Cannula Market, 2021 - 2031 |
7.1 South Africa Cannula Market, Revenues & Volume, By Product Type, 2021 - 2031 |
7.2 South Africa Cannula Market, Revenues & Volume, By Material, 2021 - 2031 |
7.3 South Africa Cannula Market, Revenues & Volume, By Patient, 2021 - 2031 |
7.4 South Africa Cannula Market, Revenues & Volume, By End-use, 2021 - 2031 |
8 Nigeria Cannula Market, 2021 - 2031 |
8.1 Nigeria Cannula Market, Revenues & Volume, By Product Type, 2021 - 2031 |
8.2 Nigeria Cannula Market, Revenues & Volume, By Material, 2021 - 2031 |
8.3 Nigeria Cannula Market, Revenues & Volume, By Patient, 2021 - 2031 |
8.4 Nigeria Cannula Market, Revenues & Volume, By End-use, 2021 - 2031 |
9 Kenya Cannula Market, 2021 - 2031 |
9.1 Kenya Cannula Market, Revenues & Volume, By Product Type, 2021 - 2031 |
9.2 Kenya Cannula Market, Revenues & Volume, By Material, 2021 - 2031 |
9.3 Kenya Cannula Market, Revenues & Volume, By Patient, 2021 - 2031 |
9.4 Kenya Cannula Market, Revenues & Volume, By End-use, 2021 - 2031 |
10 Rest of Africa Cannula Market, 2021 - 2031 |
10.1 Rest of Africa Cannula Market, Revenues & Volume, By Product Type, 2021 - 2031 |
10.2 Rest of Africa Cannula Market, Revenues & Volume, By Material, 2021 - 2031 |
10.3 Rest of Africa Cannula Market, Revenues & Volume, By Patient, 2021 - 2031 |
10.4 Rest of Africa Cannula Market, Revenues & Volume, By End-use, 2021 - 2031 |
11 Africa Cannula Market Key Performance Indicators |
12 Africa Cannula Market - Opportunity Assessment |
12.1 Africa Cannula Market Opportunity Assessment, By Countries, 2021 & 2031F |
12.2 Africa Cannula Market Opportunity Assessment, By Product Type, 2021 & 2031F |
12.3 Africa Cannula Market Opportunity Assessment, By Material, 2021 & 2031F |
12.4 Africa Cannula Market Opportunity Assessment, By Patient, 2021 & 2031F |
12.5 Africa Cannula Market Opportunity Assessment, By End-use, 2021 & 2031F |
13 Africa Cannula Market - Competitive Landscape |
13.1 Africa Cannula Market Revenue Share, By Companies, 2024 |
13.2 Africa Cannula Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |