Catheter Stabilization Devices Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2028

 

Peripheral, arterial, central, chest drainage, abdominal drainage, epidural, and all-site securement devices make up the market for catheter securement devices. In 2028, the peripheral catheter securement devices market was the largest. Since peripheral catheters are the most popular items, it is important to utilize securement devices for these catheters. In order to lower the risk of phlebitis, prevent catheter migration and dislodgement, and lessen catheter-related problems, Catheter Stabilization Devices markets are being created. The likelihood and risk of needlestick injuries are also decreased by the use of catheter stabilizing devices. These tools are mainly employed during procedures for treating cancer, general surgery, and cardiovascular surgery. In the recent past, hospitals have used advanced stabilizing equipment.

In the upcoming years, the market for Catheter Stabilization Devices Market in North America is anticipated to expand steadily. The frequency with which these tools are used in standard operating procedures has greatly increased. Securement devices are necessary while placing catheters for fluid transfer in order to prevent infections. There is more potential for market players to enter these markets as a result of rising healthcare spending in developing nations like India.

The market's expansion can be attributable to elements including the rising prevalence of lifestyle diseases, rising desire for minimally invasive procedures, and rising public awareness of hazards associated with catheter use. An example is a necessity for interventional cardiology equipment due to the burden of cardiovascular illnesses.

The global Catheter Stabilization Devices Market is being driven by an increase in the elderly population. Adults over the age of 65 are more likely to develop chronic conditions, and catheterization is frequently necessary for their treatment. Self-catheterization is becoming more popular in an effort to lower the risk of infections acquired in hospitals (HAIs). During the forecast period, an increase in hospitals and Ambulatory Surgical Centers (ASCs) is anticipated to drive up demand for catheter stabilization devices. It is projected that growing consumer awareness of catheter stabilizers in developing nations like China, India, and Brazil would present profitable prospects to industry participants in the worldwide catheter stabilization devices market. In order to increase their revenue streams, manufacturers are investing more money in R&D to create cutting-edge products.

Key Players

B. Braun Melsungen AG, Baxter International, Inc., 3M Company, C. R. Bard, Inc., ICU Medical, Inc., Smith's Group Plc., Merit Medical Systems, Inc., and others are significant market participants in the global catheter stabilization devices market.