Catheter Stabilization Devices Market

Global Catheter Stabilization Devices Market Size (2024 to 2029)

The global catheter stabilization devices market size was worth USD 1402.09 Million in 2024. It is further estimated to be growing at a CAGR of 7.44% and worth USD 2007.27 Million by 2029.

Current Scenario Of The Global Catheter Stabilization Devices Market

Catheter Stabilization Devices secure the position of a catheter on a patient's skin to maintain the catheter’s position inserted through an insertion site. They are commonly used to administer medicines to a patient or to extract body fluids. The device consists of a catheter clipping element that is present on an anti-allergic adhesive pad. The catheter clipping element comprises a clipping body that ends in open arms for convenient and easy clipping and unclipping of a cannula, catheter, catheter, cannula terminal adapter, etc. The clipping body is directed outwards from the surface at the top of the pad in a transverse direction or vertical direction or facilitates unclipping and clipping. A longitudinal axis of the clipping body can be directed towards the top surface of the pad to enhance stabilization and support for the correct orientation of the catheter in the direction of the insertion site.

MARKET DRIVERS

The global catheter stabilization devices market is primarily driven by the rising geriatric population, rising prevalence of lifestyle diseases, growing healthcare expenditures, and increasing demand for minimally invasive surgeries.

The global catheter stabilization devices market is expected to be driven by the global prevalence of cardiovascular illnesses and cancer incidences. Chronic lifestyle diseases are on the rise, as are accidental instances, which are being recorded at an alarmingly high rate. These variables include an increase in the number of procedures performed in trauma centers and hospitals, which need a catheter at some time during the procedure. As a result, there is a greater requirement for catheter stability and security. Over the projected period, the market is expected to rise due to the rising demand for minimally invasive surgeries worldwide. Catheter stabilization devices are becoming increasingly important as the need for less invasive treatments grows. However, catheter product recalls prevent hospitals and clinics from quickly adapting to these devices.

Governments' supporting policies to strengthen the healthcare system and economic improvements in growing nations like India and China would propel the Asia Pacific regional market. Hospitalizations among cardiovascular patients are also on the rise, especially in late adulthood and old age, when the patient is suffering from many symptoms at the same time. Companies like Bard, Baxter, and others have created arterial securement devices widely used in hospitals and clinics. These companies have well-developed distribution networks. As a result of these variables, there is a greater need for arterial securement devices, which leads to improved surgical operations. As a result, the clinical stabilization devices market is expected to be dominated over the forecast period.

MARKET RESTRAINTS

However, the global catheter stabilization devices market growth is constrained by factors such as alternative devices and the high price of technologically advanced products.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Catheter Stabilization Devices Market Analysis By Application

The cardiovascular application segment is forecasted to account for the largest share in the global catheter stabilization devices market during the forecast period. A rising number of heart patients are suffering from heart strokes, valve blockages, and more. In 2017, as per the American Heart Association, 801,000 deaths in the U.S were due to cardiovascular diseases.

Global Catheter Stabilization Devices Market Analysis  By Product                     

The arterial securement devices segment is predicted to lead the global catheter stabilization devices market with a considerable share over the period based on the product. Arterial catheters are used in routine healthcare treatments. The arterial catheters are broadly used in many surgeries performed associated with cancer therapies and cardiovascular diseases.The Central venous catheter (CVC) securement device segment grows faster with the highest CAGR rate during the forecast period. The components tracts important due to the advantages like the non-existence of interruptions during the treatments and CVC replacement costs reduction.

Global Catheter Stabilization Devices Market Analysis By End User

Based on the end-user, the hospital segment dominates the catheter stabilization devices market. The number of surgeries performed, wide usage of catheters in hospitals for various diseases, and expected growth of infections in hospitals contribute a significant share for the segment growth.

REGIONAL ANALYSIS

Geographically, the North American regional market is expected to dominate the global market during the forecast period. Growing aging people with chronic ailments such as cancer, cardiovascular diseases, and the growing importance of minimally invasive surgeries surge the market growth. The United States is estimated to play a leading role in the North American market. The rising number of catheter placements and the adoption of catheterization techniques in examination, diagnosis, and treatment responsible for the market growth in the region. As per the Joint Commission, an estimation of 300 million catheters used every year in the U.S., of which around 3million are central venous catheters. The Canadian catheter securement devices market is expected to have a healthy growth rate during the forecast period.

The European market is forecasted to have an impressive growth rate from 2022 to 2028. The growing cases of central line-associated bloodstream infection (CLABSI) and the European Medical Agency (EMA) for catheter stabilization devices market. The stipulating healthcare expenses accelerate the market growth. According to the OECD, Germany's healthcare expenses were EUR 321 billion in 2014. The U.K market is expected to lead the catheter stabilization devices in the Europe region. The healthcare organizations are in a state to afford the high cost of the treatment and devices, driving the market growth. Germany is witnessing a tremendous growth rate during the assessment period. Growing government support and huge funds for the introduction of innovative products spurred Germany's market growth. THE SEAT LOCK Foley stabilization device is a strap-free device that locks the Foley catheter and stabilizes the catheter.

Asia-Pacific is the quickest growing region in the catheter stabilization devices market. Growing patient population, high unmet needs, and developed infrastructure are propelling the market's growth rate. Stipulating the requirement for better diagnostic devices, quick improvements in technology, and a better and safe therapeutic approach accelerates market demand. According to ESCAP statistical database, in 2016, around 12.4% of the APAC population was over 60years. China is expected to have a notable growth rate and lead the catheter stabilization devices market. India and Japan are projected to have stabilized market growth. Indian market growth is increasing healthcare investments, creating opportunities for key players to enter the market.

KEY PLAYERS IN THE GLOBAL CATHETER STABILIZATION DEVICES MARKET

Some of the major players in the global catheter stabilization devices market profiled in the report are Medtronic plc (U.S.), 3M Company (U.S.), B. Braun Melsungen AG (Germany), ConvaTec Inc. (U.S.), C. R. Bard, Inc. (U.S.), Baxter International, Inc. (U.S.), Smiths Group plc (U.K.), Centurion Medical Products (U.S.), Merit Medical Systems, Inc. (U.S.) and M.C. Johnson Company, Inc. (U.S.).

RECENT HAPPENINGS IN THE MARKET

• Hold-n-Place Catheter Securement Products were released in 2019 by Dale Medical Products, Inc. (US) and are engineered stabilization devices (ESD) with a soft, pleasant, and flexible design. Securement by Dale Hold-n-Place IV, arterial, mid-line, CVC, PICC, and arterial sheath securement are just a few of the applications for these devices. Dale Hold-n-Place securement devices are made to hold a variety of catheters, lines, and tubes in place with skin-friendly adhesives and simple application procedures.
• Acelity Inc. was bought by 3M (US) in 2019. (US). 3M's position as a leader in advanced wound care and specialty surgical applications will be strengthened due to this purchase.
• PICC/CVC securement device + CHG Dressing was released by 3M (US) in 2018.
• Centurion Medical Products was bought by Medline (US) in 2018. (US).

DETAILED SEGMENTATION OF GLOBAL CATHETER STABILIZATION DEVICES MARKET INCLUDED IN THIS REPORT

This research report on the global catheter stabilization devices market has been segmented and sub-segmented into the following categories and calculated market size and forecast for each segment until 2029.

By Application

• Gastric and Oropharyngeal              
• Radiology General Surgery               
• Respiratory             
• Cardiovascular       
• Urological

By Product

• Peripheral Securement Devices     
• Abdominal Drainage Tubes Securement Devices   
• Arterial Securement Devices           
• Epidural Securement Devices         
• Chest Drainage Tube Securement Devices
• Central Venous Catheter Securement Device         
• All-Site Devices     

By End User

• Hospitals  
• Home Healthcare Providers             
• Emergency Clinics
• Diagnostic Centres    

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East and Africa