Global Catheter Stabilization Devices Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product;

Arterial Securement, Central Venous Catheter Securement, Peripheral Securement, and Urinary Securement.

By Application;

General surgery & gastrointestinal procedures, Cardiovascular procedures, Urological procedures, Respiratory procedures and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn664723893 Published Date: May, 2024 Updated Date: June, 2024

Introduction

Global Catheter Stabilization Devices Market (USD Million), 2020 - 2030

In the year 2023, the Global Catheter Stabilization Devices Market was valued at USD 1,449.19 million. The size of this market is expected to increase to USD 2,388.67 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.4%.

The global catheter stabilization devices market has experienced substantial growth in recent years, driven by advancements in medical technology, increasing prevalence of chronic diseases, and rising demand for minimally invasive procedures. Catheter stabilization devices play a crucial role in securing catheters in place, preventing accidental dislodgement, and reducing the risk of complications such as infections and tissue damage. These devices are widely used across various medical specialties, including cardiology, urology, neurology, and oncology, among others.

One of the primary factors fueling the growth of the catheter stabilization devices market is the rising incidence of chronic diseases, such as cardiovascular diseases, urinary disorders, and neurological conditions. As the prevalence of these diseases continues to rise globally, there is a growing need for catheterization procedures to manage and treat these conditions. Consequently, healthcare providers are increasingly adopting catheter stabilization devices to ensure the safety and effectiveness of catheter-based treatments and interventions.

Technological advancements in catheter stabilization devices have led to the development of innovative products with enhanced features, such as improved adhesion, reduced skin trauma, and compatibility with various types of catheters. Manufacturers are focusing on the development of customizable and cost-effective solutions to meet the specific requirements of healthcare facilities and improve patient outcomes. Additionally, the shift towards ambulatory and home-based care settings is driving the demand for catheter stabilization devices that offer secure and comfortable fixation, allowing patients to maintain their mobility and independence while receiving treatment.

Increasing healthcare expenditure, expanding geriatric population, and growing awareness about the benefits of catheter stabilization devices among healthcare professionals are expected to further propel market growth. However, challenges such as stringent regulatory requirements and concerns regarding the safety and efficacy of these devices may hinder market expansion to some extent. Nonetheless, ongoing research and development activities aimed at addressing these challenges and introducing innovative solutions are anticipated to create lucrative opportunities for market players in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Catheter Stabilization Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Incidence of Chronic Diseases
        2. Growing Aging Population
        3. Rising Surgical Procedures
      2. Restraints
        1. Stringent Regulatory Requirements
        2. Risk of Complications
        3. Product Recalls and Safety Concerns
      3. Opportunities
        1. Focus on Homecare Settings
        2. Collaborations and Partnerships
        3. Expanding Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Catheter Stabilization Devices Market, By Product, 2020-2030 (USD Million)
      1. Arterial Securement
      2. Central Venous Catheter Securement
      3. Peripheral Securement
      4. Urinary Securement
    2. Global Catheter Stabilization Devices Market, By Application, 2020-2030 (USD Million)
      1. General surgery & gastrointestinal procedures
      2. Cardiovascular procedures
      3. Urological procedures
      4. Respiratory procedures
      5. Others
    3. Global Catheter Stabilization Devices Market, By Geography, 2020-2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. 3M Company
      2. C. R. Bard, Inc. (now part of Becton, Dickinson and Company)
      3. B. Braun Melsungen AG
      4. Merit Medical Systems, Inc.
      5. Centurion Medical Products Corporation
      6. TIDI Products, LLC
      7. M.C. Johnson Company, Inc.
      8. Smiths Medical (part of Smiths Group plc)
      9. Baxter International Inc.
      10. MVM Life Science Partners LLP (StatLock)
  7. Analyst Views
  8. Future Outlook of the Market