Global Catheter Stabilization Device/Catheter Securement Devices Market

Posted by peeterdbmr on January 2nd, 2020

Global catheter stabilization device/catheter securement devices market is expected to rise to an estimated value of USD 2.13 billion by 2026, registering a substantial CAGR in the forecast period of 2019-2026. Rising demand for catheter stabilization devices which has been a result of change in the lifestyle of individuals, this has been a cause for the elevation in the market.

Key Market Competitors: Global Catheter Stabilization Device/Catheter Securement Devices Market

Few of the major competitors currently working in the global catheter stabilization device/catheter securement devices market product are Boston Scientific Corporation, Medtronic, Centurion Medical Products, 3M, Smith & Nephew, BD, ConvaTec Group PLC, Baxter, B. Braun Melsungen AG, M. C. Johnson, Merit Medical Systems, Thomas Medical, MAQUET Holding B.V. & Co. KG, TIDI Products, LLC, La-med Healthcare Pvt. Ltd., MSI, ARGON MEDICAL, Nordson Corporation among others.

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Catheter is a medical device which consists of a thin flexible tube placed into the body, collect and withdraw urine, blood and gases from the body. A drainage bag is attached to it for a temporary storage. Catheter stabilization devices are crucial for people who are not able to empty their bladders in a normal way. It helps to keep bladder as well as kidney healthy and prevent from infection and control leakage.

Segmentation: Global Catheter Stabilization Device/Catheter Securement Devices Market

• By Product (Arterial Catheter Securement Devices, Central Venous Catheter Securement Devices, Peripheral Catheter Securement Devices, Urinary Catheter Securement Devices, Abdominal Drainage Tubes Securement Device, Epidural Securement Devices, Chest Drainage Tube Securement Devices, All-Site Securement Devices, Others)
• By Application (Cardiovascular, Respiratory, Urological, Gastric, Radiology)
• By End-User (Hospitals, Homecare Settings, Diagnostic Imaging Centers, Others)
• By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Competitive Analysis: Global Catheter Stabilization Device/Catheter Securement Devices Market

Global catheter stabilization device/catheter securement devices in the global catheter stabilization device/catheter securement devices market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of catheter stabilization device/catheter securement devices market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Drivers

• An increase in hospitalization rate acts as a driving factor in the market growth.
• The growing rate of geriatric population is expected to drive the growth of the global catheter stabilizations devices market
• Catheter securement devices are a needleless device that offers safe, cost-effective, and time-saving process which is a major factor of growth in the market

Market Restraints

• Inflated costs of various technologically advanced products hinder its growth in the market
• The shift in preference of clients to alternative products acts as a restraint for its growth in the market

Reasons to Purchase this Report

• Current and future of global catheter stabilization device/catheter securement devices market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

• All segmentation provided above in this report is represented at country level
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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