Catheter Stabilization Device Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025

Report ID: GMI3448




Summary Methodology

Catheter stabilization device market size is expected to grow significantly from 2019 to 2025.
 

The catheter stabilization device market will witness substantial growth over the forecast timeframe owing to the rising prevalence of cardiac, respiratory, gastro, and urological disorders. As per the World Health Organization, around 31% of the deaths across the world occur due to cardiac diseases and the number is further predicted to increase in the near future. Moreover, the availability of superior-quality catheter stabilization devices will increase their adoption, rendering significant a positive impact on industry growth.
 

A favorable regulatory scenario is predicted to favor the use of catheter stabilization devices. In 2017, CDC issued guidelines regarding proper maintenance of intravenous catheters. Such government regulations ensure the availability of superior-quality and safe products, propelling their demand over the analysis period. However, high risks associated with catheters stabilization devices may impede its growth to some extent.
 

The arterial catheter securement segment accounted for a significant revenue share in 2018 and is forecast to witness lucrative growth from 2019 to 2025. The growing adoption of arterial catheters for monitoring blood pressure and the collection of arterial blood samples in critically ill patients will propel their demand. Moreover, the advent of technologically sound catheter securement devices to reduce the risks associated with the usage of such catheters will boost segmental growth.
 

The cardiovascular procedures segment will witness significant growth during the forecast period due to the increasing burden of cardiac diseases across the globe. The aging population and favorable demographic trends, such as increasing life expectancy, will further escalate the prevalence of cardiac diseases. As the cardiac catheterization is widely used for diagnosis as well as the assessment of cardiac diseases, its increasing prevalence will augment cardiovascular procedure segment growth.
 

The hospital segment will witness robust growth over the forthcoming years. Increasing hospitalization due to the rising prevalence of chronic diseases will fuel the demand for catheter stabilization devices in hospitals. The availability of skilled medical professionals and required hospital infrastructure will maintain the existing patient inflow in hospitals. However, the growing preference for treatment in a home-like environment will hamper hospital segment growth to some extent over the foreseeable future.
 

The North America catheter stabilization device market held a considerable revenue share in 2018 and is estimated to witness a robust growth throughout the analysis period. Increase in healthcare expenditure and rising prevalence of chronic diseases due to changing lifestyles will boost the demand for catheters securement devices. Moreover, the availability of technologically-superior products and a strong foothold of leading industry players will foster regional growth.
 

Some of the major players operating in catheter stabilization device industry include B. Braun, Smith Group, 3M Company, C. R. Bard, Inc., ConvaTec Inc., Baxter International, Inc., and M.C. Johnson Company, Inc. Market players are adopting strategies such as novel product launches, partnerships, and acquisitions to garner a higher market share and sustain market competition. For instance, In July 2016, B. Braun launched an innovative securement device, STEADYCare extension set with a wedge catheter stabilizer.
 

Catheter Stabilization Device Market, By Product, 2014-2025 (USD Million)

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

Catheter Stabilization Device Market, By Application, 2014-2025 (USD Million)

  • Urological Procedures
  • Respiratory Procedures
  • Cardiovascular Procedures
  • Gastric and Oropharangeal Procedures
  • Radiology
  • Others

Catheter Stabilization Device Market, By End-user, 2014-2025 (USD Million)

  • Hospitals
  • Diagnostic Center
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Australia
  • Latin America
    • Mexico
    • Brazil
    • Argentina
  • Middle East and Africa
    • Saudi Arabia
    • South Africa
    • UAE

Company Profiles:

  • B.Braun
  • Smith Group
  • 3M Company
  • C. R. Bard, Inc.
  • ConvaTec Inc.
  • Baxter International, Inc.
  • Centurion Medical Products
  • Merit Medical Systems
  • TIDI Products, LLC
  • M.C. Johnson Company, Inc.

 


What Information does this report contain?

Historical data coverage: 2014 to 2018; Growth Projections: 2019 to 2025.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.


Customize this Report

Pre Book Now

Single User: $5,150 Access to only 1 person; cannot be shared; cannot be printed
Multi User: $7,150 Access for 2 to 5 users only within same department of one company
Enterprise User: $9,150 Access to a company wide audience; includes subsidiary companies or other companies within a group of companies

Need a Discount? Get in touch with us for special pricing

Request Discount

Our Market Research Reports Include:

  • Market snapshot
  • Market Segmentation
  • Value Chain Analysis
  • Growth Dynamics
  • Potential Market Opportunities
  • Regulatory Overview
  • Technology Evolution
  • Innovation & Sustainability

Connect with our sales team

Why Global Market Insights, Inc.?

Reliability & accuracy

  • GMI is unparalleled when to comes to the quality of research and information provided to clients. Our unique methodology is designed to ensure a minimum of 90% accuracy to give our clients excellent value on their investment.

Quality & trust


  • BBB Rating - Click to Verify

Customer service

  • Over 200 experts are available across various time-zones, ready to serve clients for their research needs. Our industry experts help clients to design reports customized to their needs.

Security & compliance

We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X