Catheter Stabilization Device-Catheter Securement Device Market Global Forecast to 2024 by Product, Applications (Cardiovascular, Respiratory), End User, Major Players, Future Forecast


News provided by

Shibuya Data Count

Jan 13, 2021, 08:00 EST


Shibuya-ku, Tokyo, Japan, Japan, Jan 13, 2021, 08:00 /Comserve / -- The major players operating in this market are 3M Company (US), C. R. Bard, Inc. (US), B. Braun Melsungen AG (Germany), Baxter International, Inc. (US), and Cardinal Health (US), ConvaTec Inc. (UK), Merit Medical Systems, Inc. (US), Smiths Group plc

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.

The global catheter securement devices market is projected to reach USD 1.6 billion by 2024 from USD 1.1 billion in 2019, at a CAGR of 7.5% from 2019 to 2024. The growth of the market is largely driven by factors such as the growing global prevalence of lifestyle diseases such as heart diseases, strokes diabetes, and the increasing healthcare expenditure across the countries. Developing economies are expected to provide a wide range of growth opportunities for players in the market.

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-106857

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

The major players operating in this market are

3M Company (US),
C. R. Bard, Inc. (US),
B. Braun Melsungen AG (Germany),
Baxter International, Inc. (US), and
Cardinal Health (US),
ConvaTec Inc. (UK),
Merit Medical Systems, Inc. (US),
Smiths Group plc (UK),
Centurion Medical Products (US), and
M.C. Johnson Company, Inc. (US).

Product launches, expansions, agreements and acquisitions are the key growth strategies followed by most players in this market.

“Peripheral securement devices accounted for a significant share of the market in 2019”
By product type, the catheter securement devices market is segmented into arterial securement devices, central venous catheter securement devices, peripheral securement devices, chest drainage tube securement devices, abdominal drainage tube securement devices, epidural securement devices and all site devices. The central venous catheter securement devices is the fastest growing segment due to the rising incidence of cardiovascular diseases such as strokes and heart diseases.

“Cardiovascular procedures segment accounted for the largest share of the catheter securement devices market in 2019”
On the basis of application, the catheter securement devices market is segmented into cardiovascular procedures, respiratory procedures, gastric procedures, general surgery, urological procedures, radiology procedures and others. Catheter securement devices are used for stabilizing the catheters. This is done to reduce any kinds of catheter related infections. Such catheters are used in major procedures such as cardiovascular, respiratory, general surgeries.

“Hospitals segment accounted for the largest share of the catheter securement devices market in 2019”
On the basis of end user, the catheter securement devices market is segmented into hospitals, home care settings, emergency clinics and diagnostic centers. Of all these end-user segments, hospitals accounted for the largest share of the catheter securement devices market in 2019. The large share of this segment can be attributed to factors such as the rapidly growing aging population, the higher surgeries performed in the hospital settings and the increasing reimbursements in the hospital settings.

“North America dominated the catheter securement devices market in 2019”
North America, which includes the US, & Canada, accounted for the largest share of the catheter securement devices market. The growth in this market is primarily driven by the rising geriatric population, favorable government initiatives, increasing healthcare expenditure, improved healthcare infrastructure coupled with the rising prevalence of lifestyle diseases.

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-106857

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

Breakdown of supply-side primary interviews, by company type, designation, and region:
By Company Type: Tier 1 (20%) , Tier 2 (45%), and Tier 3 (35%)
By Designation: C-level (30%), Director-level (20%), and Others (50%)
By Region: North America (35%), Europe (24%), Asia (25%), and RoW (16%)

Research Coverage
This report studies the catheter securement devices market based on product type, application end user and region. The report also analyzes factors (such as drivers, restraints and opportunities) affecting market growth. It evaluates the opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. The report also studies micromarkets with respect to their growth trends, prospects, and contributions to the total catheter securement devices market. The report forecasts the revenue of the market segments with respect to four major regions.

Reasons to Buy the Report:
The report provides insights on the following pointers:

Market Penetration: Comprehensive information on catheter securement devices offered by the top 10 players in the catheter securement devices market. The report analyzes the catheter securement devices market by type, end user, application, and region.
Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for various securement devices across key geographic regions.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the catheter securement devices market
Competitive Assessment: In-depth assessment of market shares and strategies of the leading players in the catheter securement devices market

TABLE OF CONTENTS

1 INTRODUCTION 14
1.1 OBJECTIVES OF THE STUDY 14
1.2 MARKET DEFINITION 14
1.2.1 MARKETS COVERED 15
1.2.2 YEARS CONSIDERED FOR THE STUDY 15
1.3 CURRENCY 16
1.4 LIMITATIONS 16
1.5 STAKEHOLDERS 16
2 RESEARCH METHODOLOGY 17
2.1.1 SECONDARY DATA 18
2.1.1.1 Key data from secondary sources 18
2.1.2 PRIMARY DATA 19
2.1.2.1 Key data from primary sources 20
2.2 MARKET SIZE ESTIMATION 21
2.2.1 BOTTOM-UP APPROACH 21
2.2.2 TOP-DOWN APPROACH 22
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 23
2.4 ASSUMPTIONS FOR THE STUDY 24
3 EXECUTIVE SUMMARY 25
4 PREMIUM INSIGHTS 29
4.1 CATHETER SECUREMENT DEVICES: MARKET OVERVIEW 29
4.2 NORTH AMERICA: CATHETER SECUREMENT DEVICES MARKET, BY TYPE (2019) 30
4.3 GEOGRAPHICAL SNAPSHOT OF THE CATHETER SECUREMENT DEVICES MARKET 31
5 MARKET OVERVIEW 32

Request to Fill The Form To get Sample Copy of This Report: https://www.sdki.jp/sample-request-106857

"The Final Report will cover the impact analysis of COVID-19 on this industry (Global And Regional Market)."

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.


For more information, please contact:

Hina Miyazu

Shibuya Data Count
Email: sales@sdki.jp
Tel: + 81 3 45720790

Related Links
https://www.sdki.jp/



Also from this source


Hearth Market Size Is Estimated To Be USD 7.7 Billion In 2020 And Is Projected To Reach 9.7 Billion By 2025, At A CAGR Of 4.7%

The market has a promising growth potential due to several factors, including the advancement in mul