The global stainless steel cannula market is growing rapidly and the revenue of this market in 2017 was 114.41 million US$ with the sale volume of 11.4 million units. As of 2017, the growth rate of the stainless steel cannula market is 7.84%. The price is of stainless steel cannula is constantly rising which is the contributing factor for the rise of this market.
Cannulas are divided into two types which include a deflected cannula and blunt cannula. Blunt cannula holds most of the market volume in terms of total use. Stainless steel cannulas are used in both medical related services and laboratories. The demand for stainless steel cannula is higher due to the development of society and the demand of customers.