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Catheter Stabilization Devices Market to Expand at 6.5% CAGR during 2022 - 2031: TMR Study

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News provided by

Transparency Market Research

28 Sep, 2022, 12:37 GMT

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  • The market for catheter stabilization devices is being driven by a rise in the prevalence of chronic illnesses
  • As cardiovascular illnesses are becoming more common in Europe, the region is anticipated to have the second-largest market share in the years to come

WILMINGTON, Del., Sept. 28, 2022 /PRNewswire/ -- In 2021, the global catheter stabilization devices market size touched valuation of US$ 1.3 Bn. The catheter stabilization devices market analysis anticipates the market is rise at 6.5% CAGR during the forecast period, from 2022 to 2031. By 2031, the global catheter stabilization devices market is projected to touch value of US$ 2.6 Bn. The global catheter stabilization devices market is being driven by an expansion of the elderly populace. People over the age of 65 years 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).

Use of catheter stabilization devices is predicted to rise in the near future due to rising number of hospitals and Ambulatory Surgical Centers (ASCs). It is projected that growing consumer awareness regarding catheter stabilizers in developing nations like Brazil, India, and China will present profitable prospects to market participants. Marketing strategy for catheter stabilization devices market estimate the market to expand their income streams. As such, manufacturers are expected to make making significantly higher investments in R&D to create cutting-edge products and meet demand of the customers.

Get Exclusive PDF Sample Copy of Catheter Stabilization Devices Market Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5345

Key Findings of Market Report

  • The need for catheter stabilization systems during hemodialysis at homecare settings is growing as more dialysis patients choose to get their treatment done at home. In 2015, home dialysis was chosen by 12% in Latin America, 11% in Asia Pacific, and 21% of patients in North America, based on research by Fresenius Medical Care. In order to facilitate the use of catheterization at home, dialysis equipment makers are introducing self-dialyzing services and systems.
  • The global market is being driven by a rise in the number of disorders connected with unhealthy lifestyle. Diabetes mellitus, inactivity, obesity, cholesterol, and cigarette use all contribute to the development of ischemic heart and cardiovascular disorders. These are two of the major causes of mortality globally and is expected to present growth opportunities to the catheter stabilization devices market manufacturers.
  • Based on product type, in 2021, the CVC stabilization devices category accounted for a dominant share of the global market. The market is projected to develop as more central venous catheters are secured with CVC stabilization devices.

Ask for References – https://www.transparencymarketresearch.com/sample/sample.php?flag=ARF&rep_id=5345

Global Catheter Stabilization Devices Market: Growth Drivers

  • Due to the rise of ASCs across a number of nations, the hospitals & ASCs category is anticipated to be the market leader throughout the projected period
  • In 2021, North America led the market for catheter stabilization devices globally. The regional market is anticipated to expand rapidly due to growth in geriatric populace as well as the rising prevalence of chronic disorders. In the US, chronic kidney disease affects many individuals, which is expected to boost the regional market.

Make an Enquiry Before Buying – https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=5345

Global Catheter Stabilization Devices Market: Key Players

Some of the key market players are

  • Baxter International Inc.
  • TIDI Products LLC.
  • Merit Medical Systems, Inc.
  • Becton, Dickinson and Company
  • B. Braun Melsungen AG
  • C. Johnson Company, Inc.
  •  

Global Catheter Stabilization Devices Market: Segmentation

Product Type

  • CVC Stabilization Devices
  • PICC Stabilization Devices
  • Abdominal Stabilization Devices
  • Chest Drainage Tube Stabilization Devices
  • Others

End User

  • Hospitals & ASCs
  • Diagnostic Centers & Clinics
  • Home Care Settings
  • Others

Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Research Reports by Transparency Market Research:

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Contact

Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: sales@transparencymarketresearch.com

Logo: https://mma.prnewswire.com/media/1682871/TMR_Logo_Logo.jpg

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