Global Catheter Stabilization Device Market Share Is Likely To Grow At A CAGR Value Of Around 6.90% By 2028

29-Jul-2022 | Facts and Factors

According to Facts and Factors, the global Catheter Stabilization Device market size was worth around USD 1,123.10 million in 2021 and is estimated to grow to about USD 1676.04 million by 2028, with a compound annual growth rate (CAGR) of approximately 6.90 over the forecast period. The report analyzes the Catheter Stabilization Device market’s drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the Catheter Stabilization Device market.

Doctors utilize tiny catheters and flexible tubes to inject into patients' bodies and drain fluid from them. Medical accessories known as catheter stabilization devices are required to hold the catheter in place firmly. Catheter stabilization tools, such as catheter leg straps permit patients to walk around while the catheter is fastened to the thigh by wrapping around its circumference. They are designed to be quick and easy to attach and remove. It makes it easier for the insertion site to be seen for cleaning and inspection needs. It uses a clipping attachment affixed with an adhesive pad to change the shape of various body sections so that the catheter may be securely held. Owing to the rise in demand for Catheter Stabilization devices, the global Catheter Stabilization Device market is estimated to grow at a CAGR of 6.90% during the forecast period.

Browse the full “ Catheter Stabilization Device Market Size, Share, Growth Analysis Report By Products (Arterial Securement Devices, Central Venous Catheter Securement Devices, Peripheral Securement Devices, Urinary Catheter Securement Devices, Chest Drainage Tube Securement Devices and Others), By End-Use (Hospitals, Home Care Settings and Others), and By Region- Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/catheter-stabilization-device-market

One of the industries propelling the global catheter stabilization device market is the medical applications in the ophthalmic, urological, neuromuscular, gastrointestinal and cardiovascular fields. It can be used as a urinary catheter for medication, angioplasty or angiography, to drain fluid buildup in an abdominal abscess, or to check blood pressure in an artery or vein. It is a crucial element in both medicinal and surgical procedures. The increased need for minimally invasive procedures is another factor driving the demand for catheters. The need for catheter stabilization devices grows together with the demand for catheters, which makes them captive commodities. People are becoming more conscious, which is driving the market upward. The rise in cardiovascular illnesses is a key factor influencing the global catheter stabilization device market. One of the factors driving the market for catheter stabilization devices is the rise in chronic lifestyle diseases and accidents. Complications related to the insertion of catheters on patients undergoing surgical and non-surgical procedures are expected to pose a challenge to product demand during the projected period.

Segmental Overview

The Global Catheter Stabilization DeviceMarket is segregated based on products, end-user, and region. Based on products, the market is divided into Arterial Securement Devices, Central Venous Catheter Securement Devices, Peripheral Securement Devices, Urinary Catheter Securement Devices, Chest Drainage Tube Securement Devices and Others. The Arterial Securement Devices segment will dominate the market in 2021. Based on end-use, the market is divided into Hospitals, Home Care Settings and Others. Over the forecast period, the Hospitals segment is expected to develop at the fastest rate in 2021.

Regional Overview

North America is expected to dominate the Global Catheter Stabilization DeviceMarket in 2021. The high surgery rate increases the need for stabilizing devices and contributes significantly to the region's portion of the market. In addition, the growing use of catheterization procedures in evaluation, diagnosis, and treatment is one factor driving the upward market. Over the forecast period, the Asia Pacific regional market is expected to grow significantly in 2021due to a big patient pool, expanding target population, significant unmet needs, and improved regional infrastructure. In addition, growth in this region is anticipated to be boosted by rising demand for various surgeries, bettering healthcare facilities, and raising public and professional knowledge.

Report Scope

Key Players Insights

Key players functioning in the global Catheter Stabilization Device market includeC.R. Bard, Inc.; Baxter; 3M; B Braun Melsungen AG; Merit Medical Systems, Inc.; ConvaTec, Inc.; Centurion Medical Products; TIDI Products, LLC; and Smiths Medical.

Recent developments:

• In November 2021, at MEDICA 2021 in Düsseldorf, Germany, CATHETRIX, a leading producer of urinary (Foley) smart catheter fixations, presented its cutting-edge catheter stabilizer for preventing UTIs and unforeseen Foley catheter extractions.
• In May 2019, Launched by Dale Medical Products, the catheter securing device is called "Hold-n-Place." The gadget will come in two sub-segments: one will aid in securing midline, arterial, and IV catheters, and the other will do the same for CVC, PICC, and arterial sheaths.

Global Catheter Stabilization Device market is segmented as follows:

By Products

• Arterial Securement Devices
• Central Venous Catheter Securement Devices
• Peripheral Securement Devices
• Urinary Catheter Securement Devices
• Chest Drainage Tube Securement Devices
• Others

By End-use

• Hospitals
• Home Care Settings
• Others

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

Contact Us:
Facts & Factors
A 2108, Sargam,
Nanded City,
Sinhagad Road,
Pune 411041, India
USA: +1-347-989-3985
Email: [email protected]
Web: https://www.fnfresearch.com