Catheter Securement Device Market Players, Demand, Growth, Segmentastion and Forecast to 2030
Catheter Securement Device Market
The Catheter Securement Device Market is anticipated to reach USD 1,295.64 million by
2030 at 9.80% CAGR during the forecast period 2022-2030.
The global catheter securement
device market is driven by several factors, such
as increasing demand forcatheter securement devices used in surgeries, rising
incidence, and prevalence ofchronic illness.Furthermore, rising R&D
activities for catheter securement devices areprojected to drive the market in
the forecast period.
Major market players such as 3M company, B. Braun Melsungen AG, C.R.
Bard, Inc., ConvaTec Group plc, and Baxter International Inc.are dominating the
global catheter securement device market. Theseprominent players are involved
in strategic agreements, new product launches, innovations, and joint ventures
to sustain their market positions.For instance, in May 2019, Dale Medical
Products, Inc. (US) introduced the Hold-n-Place catheter securement device,
which is soft, comfortable, and has a flexible design with no hard plastic
parts. It provides complete antimicrobial protection.
Major Key
Players:
Some of the Catheter
Securement Device Market Players are 3M Company (US), B. Braun
Melsungen AG (Germany), Baxter International, Inc. (US), C.R. Bard, Inc. (US),
Centurion Medical Products (US), ConvaTec Group plc (UK), Merit Medical
Systems, Inc. (US), Smiths Medical (US), TIDI Products, LLC (US), M.C. Johnson
Company, Inc. (US), DeRoyal Industries, Inc. (US), Cardinal Health (US),
BioDerm Inc. (US), Starboard Medical, Inc. (US), and Pepper Medical (US).
FREE SAMPLE
Segment Analysis
The global catheter securement device market has been
segmented into product type, application, end user, and region.
By product type, the market has been segregated into
arterial, central venous, peripheral, chest drainage tubes, abdominal drainage
tubes, epidural, and all-site securement devices.
Central venous is further segmented intoperipherally
inserted central catheter (PICC), subclavian, midlines, femoral, portal, and
jugular.Peripheralis further segmented into foley catheter securement device,
nasogastric tubes,endotracheal tubes,ventriculoperitoneal, and continuous nerve
blocks. The abdominal drainage tubessegment is further segmented
intopercutaneous endoscopic gastrostomy, jejunal, and umbilical. The peripheral
securement devices segment held the majority share in 2020 due to the extensive
use of peripheral securement devices for blood transfusions and the administration
of intravenous fluids&other medications after surgery.
Based on application, the catheter securement device
market is segmentedintocardiovascular,radiology, general surgery, urological,
respiratory, and gastric&oropharyngeal.The cardiovascular segment held the
largest share in 2020 due to the rising prevalence of cardiovascular disorders
such asatrial septal defect, heart valve disease, and coronary artery diseaseacross
the globe.
Based on end user, the catheter securement device
market is segmented into hospitals & clinics, home healthcare, and
diagnostic centers.The hospitals & clinics segment held the largest
market share in 2020 due toalarge number of hospitals present across the globe
anda vastnumber of surgical procedures performed across these facilities.
Regional Analysis
The market has been divided, by
region, into North America, Europe, Asia-Pacific, and the Rest of the
World.
North America is likely to
dominate thecatheter securement device market in 2020,owing to thehigh
prevalence of chronic diseasesand the presence of major industry players across
the region. In addition, a large number of foreign patients prefer surgical
procedures to be conducted in the US due to the easyavailability of high-end
advanced resources and well-established healthcare infrastructure. Furthermore,
according to the Centers for Disease Control and Prevention (CDC), heart
disease was the leading cause of death in the US from 2015 to 2020.Thus, the
rising number of patients suffering from heart diseases in the USmay increase
the demand forheart-related surgeries and procedures, which, in turn, is likely
to increase the demandfor catheter securement devices.
Europe holds the second-largest
position in the catheter securement device market due to the increased adoption
of minimally invasive surgeries across the region. In addition, countries such
as Germany, France, Italy, Spain, and the UK have a large number of aging population,
supporting the growth of the catheter securement device market.
Asia-Pacific is anticipated to be
the fastest-growing regional market during the forecast period due to
increasing investment in healthcare infrastructure, improving healthcare
facilities. High mortality rates due to chronic diseases such as heart
diseases, respiratory diseases, urinary diseases, and diabetesare creating
demand for catheter securement devices and driving the region's market growth.
The growth ofthe catheter
securement device market in the Rest of the World is attributed to increasing
public health awareness and government initiatives to bring more advanced
technologies of catheter securement devicesinto the region.
About Market Research
Future
At Market Research Future (MRFR), we enable our
customers to unravel the complexity of various industries through our Cooked
Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research
Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting
Services.
MRFR team have supreme objective to provide the
optimum quality market research and intelligence services to our clients. Our
market research studies by products, services, technologies, applications, end
users, and market players for global, regional, and country level market
segments, enable our clients to see more, know more, and do more, which help to
answer all their most important questions.
In order to stay updated with technology and work
process of the industry, MRFR often plans & conducts meet with the industry
experts and industrial visits for its research analyst members.
Contact us:
Market Research Future
(part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 646 845 9312
Comments
Post a Comment