Growing Need to Reduce Occurrence of Healthcare-Associated Infections Enhances Demand

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DUBLIN, June 19, 2023 /PRNewswire/ –The “Catheter Stabilization/Securement Devices – Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering.

The global market for Catheter Stabilization/Securement Devices estimated at US$1.3 Billion in the year 2022, is projected to reach a revised size of US$2.5 Billion by 2030, growing at a CAGR of 8.8% over the analysis period 2022-2030.

Arterial, one of the segments analyzed in the report, is projected to record a 11% CAGR and reach US$884.7 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Central Venous Catheter segment is readjusted to a revised 6.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $368.4 Million, While China is Forecast to Grow at 8.1% CAGR

The Catheter Stabilization / Securement Devices market in the U.S. is estimated at US$368.4 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$422.3 Million by the year 2030 trailing a CAGR of 8.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.9% and 7.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.6% CAGR.

Select Competitors (Total 46 Featured) –

  • 3M Company
  • B. Braun Melsungen AG
  • BARD, A Becton, Dickinson Company
  • Baxter International, Inc.
  • Centurion Medical Products
  • ConvaTec, Inc.
  • M. C. Johnson Company, Inc.
  • Medtronic PLC
  • Merit Medical Systems, Inc.
  • Smiths Group PLC

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Catheter Stabilization Device/Catheter Securement Devices Market: Prelude
  • Peripheral Catheter Securement Devices: The Largest Product Type
  • Hospitals Dominate Global Catheter Stabilization Device/Catheter Securement Devices Market
  • Catheter Stabilization/Securement Devices – Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Rising Prevalence of Lifestyle Diseases Worldwide Fuels Market Growth
  • Cardiovascular Diseases
  • Leading Causes of Mortality Worldwide: Number of Deaths in Millions by Cause for 2016
  • Diabetes
  • Global Diabetes Prevalence: Number of Adults with Diabetes in Million by Region for the Years 2017 and 2045
  • Number of Diabetes-related Deaths in Million by Region for the Year 2017
  • Obesity
  • Top Obese Countries Worldwide – Ranked by Adult Obese Individuals as % of Total Population for 2019E
  • Cancer
  • Cancer Prevalence Worldwide: Number of Cancer Cases in Million by Cancer Type for 2018
  • Global Cancer Incidence: Number of Cancer Cases in Million for the Years 2018 and 2040
  • Cancer-related Mortalities Worldwide: Number of Cancer Deaths in Million by Cancer Type for 2018
  • Age-Standardized Incidence of Cancer Worldwide in % for 2018
  • Expanding Geriatric Population Susceptible to Chronic Diseases Drives Demand
  • Expanding Elderly Population Worldwide – Breakdown of Number of People Aged 60+ Years in Billion by Geographic Region for the Years 2017 and 2050
  • Sustained Increase in Healthcare Spending to Manage Chronic Diseases and Subsequent Growth in Demand for Medical Products: A Market Opportunity
  • Global Healthcare Outlook: Spending in US$ Billion for 2017 and 2022
  • Global Healthcare Spending: Top Countries Ranked by Public Health Spending Per Capital (in $) and Share of GDP Spent on Public Health
  • Growing Need to Reduce Occurrence of Healthcare-Associated Infections Enhances Demand for Catheter Stabilization Devices
  • Development of Advanced Securement Devices Promotes Adoption
  • Guidelines Stipulating Use of Catheter Stabilization Devices of Government Drive Market Demand
  • Growing Awareness about Catheter-related Complications Support Demand for Catheter Securement Devices

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/vimgbi

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SOURCE Research and Markets

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