Global Catheter Stabilization Devices / Catheter Securing Device Market Size is Expected to Grow at a CAGR of 7% through 2027
30 NORTH GOULD STREET, SHERIDAN, WYOMING, USA, Sept. 14, 2022 /EINPresswire.com/ — Expert Market Research’s new report titled “Global Catheter Stabilization Devices/Trainers Market Size, Report and Forecast Securing Catheters 2022-2027”, gives an in-depth analysis of the global catheter stabilization devices/catheter securing device market. It assesses the market based on its segments such as types, applications, end uses and major regions.
Market Size, Trends, Industry Report, Key Player, Major Segments and Forecast
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Key highlights of the report include:
Market Overview (2017-2027)
Forecast CAGR (2022-2027): 7%
The increasing application of catheter stabilization devices/catheter securement devices in radiology and urology procedures to protect patients from further harm is driving the growth of the market. Meanwhile, the growing geriatric population, along with increasing cases of bladder dysfunction, is propelling demand for the product.
During the forecast period, rising hospitalization rates due to the growing prevalence of accidents and lifestyle-related issues among the working population is expected to give a boost to the market. Geographically, North America accounts for a major share of the catheter stabilization devices/catheter securing device market owing to the robust healthcare infrastructure in the United States and Canada.
Catheter Stabilization Device / Catheter Securement Device industry definition and major segments
A catheter stabilization device/catheter securement device is a type of equipment used to prevent unintended movement of the catheter by stabilizing it. This reduces the risk of catheter-related infections and mechanical phlebitis. In addition, it also prevents the risk of accidents or reflux of urine or blood.
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On the basis of Type, the Catheter Stabilization Devices/Catheter Securement Device market can be segmented into:
Peripheral Catheter Securement Devices
Foley catheter fixation devices
Ventriculoperitoneal fixation devices
Nasogastric tube fixation devices
Continuous Nerve Block Catheter Securement Devices
Endotracheal Tube Securement Devices
Midlines safety devices
Central Venous Catheter Securement Devices
Gate safety devices
Subclavian Fixation Devices
PICC security devices
Chinstrap attachment devices
Femoral fixation devices
Arterial Catheter Securement Devices
Abdominal drainage tube fixation devices
Fixation devices for percutaneous endoscopic gastrostomy
Umbilical catheter fixation devices
Jejunal catheter fixation devices
Chest Drainage Tube Securement Devices
Epidural fixation devices
Securing devices for all sites
Prominent applications in the Catheter Stabilization Devices/Catheter Securement Device Market include:
Gastric and oropharyngeal procedures
The main end uses of the product include:
Home care settings
Diagnostic Imaging Centers
Catheter Stabilization Device/Catheter Securement Device regional markets include:
Middle East and Africa
Catheter Stabilization Devices / Catheter Securing Device Market Trends
Key trends in the Catheter Stabilization Devices/Catheter Securement Device market include growing R&D activities and growing efforts by health authorities and major market players to improve the quality of surgical procedures for patients. Moreover, the favorable reimbursement policies of various governments are further boosting the demand for the product.
The rapid development of healthcare units in emerging economies due to increasing disposable income, rising healthcare expenditures and growing awareness of the importance of strong healthcare is likely to to be another major market trend. The market in the coming years is further expected to be aided by the increasing international cooperation aimed at strengthening the business activities of medical equipment.
Main market players
Catheter Stabilization Devices/Catheter Securing Device Market Leading Players are:
B. Braun Melsungen AG
Dickinson and company
MC Johnson Company, Inc.
Merit Medical Systems Inc
Cardinal Health, Inc.
The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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