+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Catheter Stabilization/Securement Devices - Global Market Trajectory & Analytics

  • ID: 4804672
  • Report
  • April 2021
  • Region: Global
  • 193 Pages
  • Global Industry Analysts, Inc
Global Catheter Stabilization/Securement Devices Market to Reach $1.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Catheter Stabilization/Securement Devices estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$1.9 Billion by 2027, growing at a CAGR of 6.1% over the analysis period 2020-2027. Arterial, one of the segments analyzed in the report, is projected to record a 6.7% CAGR and reach US$598.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Central Venous Catheter segment is readjusted to a revised 5.8% CAGR for the next 7-year period.



The U.S. Market is Estimated at $366.3 Million, While China is Forecast to Grow at 5.7% CAGR

The Catheter Stabilization/Securement Devices market in the U.S. is estimated at US$366.3 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$329.1 Million by the year 2027 trailing a CAGR of 5.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 4.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.

Peripheral Segment to Record 6% CAGR

In the global Peripheral segment, USA, Canada, Japan, China and Europe will drive the 6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$151.9 Million in the year 2020 will reach a projected size of US$229.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$215.4 Million by the year 2027.

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
Frequently Asked Questions about the Global Market for Catheter Stabilization/Securement Devices

What is the estimated value of the Global Market for Catheter Stabilization/Securement Devices?

The Global Market for Catheter Stabilization/Securement Devices was estimated to be valued at $1.2 Billion in 2020.

What is the growth rate of the Global Market for Catheter Stabilization/Securement Devices?

The growth rate of the Global Market for Catheter Stabilization/Securement Devices is 6.8%, with an estimated value of $1.9 Billion by 2027.

What is the forecasted size of the Global Market for Catheter Stabilization/Securement Devices?

The Global Market for Catheter Stabilization/Securement Devices is estimated to be worth $1.9 Billion by 2027.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • 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
  • Impact of Covid-19 and a Looming Global Recession
  • 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

III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 46
Note: Product cover images may vary from those shown