The rise in general surgical operations and the growing elderly population throughout the world are projected to boost demand for cannulas in the near future. North America is predicted to provide the largest market share, followed by Asia Pacific, due to an increase in the rate of elderly population due to population growth and an increase in the number of patients having different surgical procedures and a rise in lifestyle-related disorders like obesity. Cannulas used in healthcare for surgical purposes are a significant component driving the growth of the cannula market. Furthermore, the increase in the number of surgical operations worldwide is projected to help the Cannula Market in the near future.
Prominent Companies in the Cannula Industry:
1. Smith & Nephew
Smith & Nephew plc, together with its subsidiaries, develops, manufactures, markets, and sells medical devices and services in the United Kingdom and internationally. The company operates through three segments: Orthopaedics, Sports Medicine & ENT, and Advanced Wound Management. Smith & Nephew plc was founded in 1856 and is headquartered in Watford, the United Kingdom.
2. Sorin Group
SORIN GROUP is a global medical device company and a leader in the treatment of cardiovascular diseases. The company was founded in 2015, headquartered in Italy.
3. Edward Lifescience Corporation
Edwards Lifesciences Corporation provides products and technologies for structural heart disease, and critical care and surgical monitoring in the United States, Europe, Japan, and internationally. Edwards Lifesciences Corporation was founded in 1958 and is headquartered in Irvine, California.
4. Medtronic plc
Medtronic plc develops, manufactures, and sells device-based medical therapies to healthcare systems, physicians, clinicians, and patients worldwide. The company was founded in 1949 and is headquartered in Dublin, Ireland.
5. Terumo Corporation
Terumo Corporation engages in the manufacture and sale of medical products and equipment worldwide. The company operates through three segments: Cardiac and Vascular Company, Medical Care Solutions Company, and Blood and Cell Technologies Company. Terumo Corporation was incorporated in 1921 and is headquartered in Tokyo, Japan.
6. Boston Scientific Corporation
Boston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. It operates through MedSurg and Cardiovascular segments. The company was incorporated in 1979 and is headquartered in Marlborough, Massachusetts.
7. Teleflex Incorporated
Teleflex Incorporated designs, develops, manufactures, and supplies single-use medical devices for common diagnostic and therapeutic procedures in critical care and surgical applications worldwide. The company was incorporated in 1943 and is headquartered in Wayne, Pennsylvania.
8. Conmed Corporation
CONMED Corporation, a medical technology company, develops, manufactures, and sells surgical devices and related equipment for surgical procedures worldwide. CONMED Corporation was incorporated in 1970 and is headquartered in Largo, Florida.
9. Dolphin Surgicals
Dolphin Sutures is a manufacturer of surgical sutures and related medical sutures products. Headquartered in Karnataka, India, founded in 1994.
10. Goodhealth Inc.
The company is Developer of an enterprise health benefits platform designed to help explore and compare health benefits and insurance plans. The company's platform offers employee health plans, telemedicine plans, and mental wellness plans. Headquartered in Bengaluru, Karnataka, India. Founded in 2019.
