Global Catheter Stabilization Devices
Market Report
2024
The Global Catheter Stabilization Devices market was valued at USD 1,287.60 million in 2022 and is projected to reach USD 2,262.45 million by 2030, registering a CAGR of 7.3% for the forecast period 2023- 2030
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Global Catheter Stabilization Devices market was valued at USD 1,287.60 million in 2022 and is projected to reach USD 2,262.45 million by 2030, registering a CAGR of 7.3% for the forecast period 2023- 2030
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Catheter Stabilization Devices Market Sales Revenue 2022 | $ 1 Million |
Global Catheter Stabilization Devices Market Sales Revenue 2030 | $ 2 Million |
Global Catheter Stabilization Devices Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.3% |
Market Split by Product |
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Market Split by End-User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Catheter Stabilization Devices Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A catheter stabilization device is a strap-free device, used to lock the Foley catheter, and prevents the chances of a sudden pull. The catheter stabilization device is simple and allows catheter movement, which ensures personal hygiene. Catheter makes use of stabilizers to prevent the risk of infections, and oozing out of a liquid. A catheter stabilization device is used to secure an indwelling catheter to prevent urethra trauma. The usage of a catheter stabilization device is important to prevent discomfort, pain, and a high risk of urinary tract infections in the patient.
Increase In Cases of Catheter-associated Urinary Tract Infections
A catheter-associated urinary tract infection is a common infection caused due to hospital-acquired infections in patients. According to the American Association of Critical-care Nurses, the use of indwelling catheters is the cause of this infection. Urinary tract infection in hospitalized patients results in contamination of catheters, improper emptying of urine, and discomfort in patients.
The U.S. Department of Health & Human Services published data about catheter-associated urinary tract infections. Urinary tract infection is a common infection acquired in hospitals, which results in mortality, prolonged hospital stays, and high healthcare cost. The U.S. Department of Health & Human Services states that 15%-25% of hospitalized patients receive urinary catheters. The U.S. Department of Health & Human Services states that, among the cases of urinary tract infections, around ~75% of the cases are associated with the use of urinary catheters. Furthermore, the rise in the number of patients suffering from urinary tract infections increases the demand for catheter fixation devices, to prevent the high cost of treatment and mortality rates in urinary tract-infected hospitalized patients. Furthermore, the demand of Foley catheters is high for the treatment of catheter-associated urinary tract infections in hospital facilities. According to an article published in 2021, by the National Library of Medicine stated that incidence of urinary tract infection is reduced by ~69% by using a Foley catheter stabilization device. Thus, the rise in this infection fuels the growth of the catheter stabilization market.
The presence of alternatives such as PICC securement devices, and CVC securement devices to provide continuous antimicrobial protection. The usage of alternatives across hospital facilities, restraints the growth of the catheter stabilization market. Furthermore, catheter-associated infection prolongs the hospital stay and increases the expenses of hospitalized patients.
The unprecedented cases of COVID-19 have positively impacted the growth of the catheter stabilization device market, as the demand for catheter stabilization devices, ventilators, and other medical devices was high during the pandemic.
The manufacturer launched new catheter stabilization devices to reduce complications in COVID-19 patients. For instance, Iapyx Medical introduced a stable line family of catheter stabilization devices to prevent complications caused due to use of catheter-associated urinary tract infections. The launch of this catheter-stabilized device assisted healthcare facilities in the treatment of COVID-19 patients.
According to an article published by CDC in Infection Control and Hospital Epidemiology journal in 2021, states the increase in healthcare-associated infection during the second wave of the pandemic, boosts the demand for catheter stabilization devices in hospitals. Thus, the rise in hospital-acquired infection, and the increase in the usage of catheter stabilization devices, positively impacted the growth of the market.
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The key market players included in the report are BD, Baxter Healthcare Corporation, Medline Industries, LP, B. Braun Medical Inc., C. R. Bard., Smiths Medical, TIDI Products, LLC., Cathetrix, and others.
These companies are striving to come up with new strategies such as joint ventures, mergers & acquisitions, and joint ventures to expand their footprints across the globe.
B. Braun Medical Inc. has engaged in acquisition with Starboard Medical, Inc. The company introduced a new catheter stabilizing device, named Clik FIX catheter securement device through this acquisition. The addition of a new product in an existing portfolio strengthens and expands the product portfolio, and retains a robust customer base in the market.
Cathetrix has launched a new catheter stabilizer device, named Foley Safe catheter stabilizer device, which is used to prevent accidental Foley catheter extractions and urinary tract infections.
Top Companies Market Share in Catheter Stabilization Devices Industry: (In no particular order of Rank)
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North America accounts for a significant share of the market, owing to increasing cases of hospital-acquired infections, due to the use of catheters. Hospital-acquired infection is common for hospitalized patients. This hospital-acquired infection is caused due to contamination of catheters. The rise in healthcare-associated infections due to the use of catheters increases cost of the US hospitals up to ~USD 40.0 billion each year. Thus, the increase in cases of hospital-acquired infection due to catheters increases the usage of catheter stabilizer devices, which prevents the high expenses due to prolonged hospital stays, and prevents contamination, and pain during the procedure.
The current report Scope analyzes Catheter Stabilization Devices Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Catheter Stabilization Devices Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Catheter Stabilization Devices Industry growth. Catheter Stabilization Devices market has been segmented with the help of its Product, End-User , and others. Catheter Stabilization Devices market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
By Product Type, Peripheral Stabilization Device segment holds the largest share of the Catheter Stabilization Devices Market!
A peripheral IV Sterilization Device is designed to control infection occurred during the use of a peripheral IV catheter. The usage of catheter stabilization devices reduces the incidence of complications in the usage of peripheral IV catheters. A peripheral IV catheter is placed into a peripheral vein to administer intravenous therapy such as medication fluids. According to the data stated by the Society of Hospital Medicine, around ~1.0 billion peripheral intravenous catheters are used for hospitalized patients. The increase in demand for peripheral IV catheters result in an increase in the usage of peripheral IV stabilizer devices to prevent complications and ensure safety during the procedure.
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Catheter Stabilization Devices from 2019 to 2031. This will also help to analyze the demand for Catheter Stabilization Devices across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key End-User of Catheter Stabilization Devices are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Catheter Stabilization Devices Market is witnessing significant growth in the near future.
In 2023, the Arterial Stabilization Device segment accounted for noticeable share of global Catheter Stabilization Devices Market and is projected to experience significant growth in the near future.
The Hospitals segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies C. R. Bard, 3M and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Product | Arterial Stabilization Device, Central Venous Catheter Stabilization Device, Peripheral Stabilization Device, Urinary Catheter Stabilization Devices, Chest Drainage Tube Stabilization Devices, Other Stabilization Devices |
End-User | Hospitals, Home-care Settings, Others |
List of Competitors | C. R. Bard, B. Braun, 3M, Baxter, Smiths Medical, ConvaTec, Merit Medical Systems, Halyard Health, Djo Global, Dale Medical, Derma Sciences, Medline, Centurion Medical Products, CRYO PUSH, Deroyal, Hebei Kanghui, Interrad Medical, BioDerm, M. C. Johnson, Marpac |
This chapter will help you gain GLOBAL Market Analysis of Catheter Stabilization Devices. Further deep in this chapter, you will be able to review Global Catheter Stabilization Devices Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2019 -2031
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Chapter 11 Market Split by End-User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Catheter Stabilization Devices market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Arterial Stabilization Device have a significant impact on Catheter Stabilization Devices market? |
What are the key factors affecting the Arterial Stabilization Device and Central Venous Catheter Stabilization Device of Catheter Stabilization Devices Market? |
What is the CAGR/Growth Rate of Hospitals during the forecast period? |
By type, which segment accounted for largest share of the global Catheter Stabilization Devices Market? |
Which region is expected to dominate the global Catheter Stabilization Devices Market within the forecast period? |
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