The global catheter stabilization market accounted for USD 1.58 billion in 2023 and is expected to reach at USD 4.53 billion by 2034 with a CAGR of 10.03% during the forecast period 2024-2034. The market will grow as a result of the rising incidence of chronic illnesses, the rising need for minimally invasive operations, technological and material advancements, strict regulatory guidelines, and smart alliances and collaborations.
Smaller incisions, quicker recovery periods, and less pain are the main reasons why minimally invasive surgeries are growing in popularity. Catheters are frequently used during these procedures, and in order to avoid difficulties and dislodgement, they must be stabilized properly. Catheter stabilization devices are continually being developed by manufacturers with advantages including greater adhesion, enhanced comfort, and hypoallergenic materials. For instance, according to a research report released in March 2022 by the Health Resources & Services Administration (HRSA), about 24,670 kidney transplants were carried out in the US in 2021-2022.
By product, the arterial securement devices segment accounted for the highest revenue-grossing segment in the global catheter stabilization market in 2023 owing to the increasing prevalence of cardiovascular diseases and the rising number of arterial catheterizations. For instance, in April 2022, Bedal and Gulf Medical Co. Ltd. (GMC) inked a distribution contract for Bahrain and Saudi Arabia. Catheter stabilization device usage in the Gulf region is dominated by the Bedal products, which GMC will distribute in Bahrain and Saudi Arabia. Additionally, the CVC securement devices segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing demand for central venous catheterizations and advancements in securement technologies.
By end-user, the hospital segment accounted for the highest revenue-grossing segment in the global catheter stabilization market in 2023 and is predicted to grow at the fastest CAGR during the forecast period owing to the increasing number of hospital admissions and surgical procedures requiring catheter use. For instance, Starboard Medical, Inc. purchased Braun Medical Inc., a company well-known for its catheter stabilization devices, in September 2022. The acquisition underscores the market's emphasis on innovation, as Starboard seeks to enhance patient experience by utilizing Braun's Clik-FIX catheter fixation system.
North American region is anticipated to have the highest revenue share during the forecast period owing to the advanced healthcare infrastructure, high prevalence of chronic diseases, and significant adoption of advanced medical technologies. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the increasing healthcare expenditure, growing medical tourism, and rising prevalence of chronic diseases. For instance, Starboard Medical, Inc. purchased Braun Medical Inc. in September 2022 after the latter introduced the novel Clik-FIX catheter fixation device series. Peripheral intravenous (IV) therapy patient outcomes and experience will be enhanced by new product and programmatic innovations brought about by the B. Braun purchase.
This extensive research report concentrates on the size and projections of the global and regional markets from 2023 to 2034.
Smaller incisions, quicker recovery periods, and less pain are the main reasons why minimally invasive surgeries are growing in popularity. Catheters are frequently used during these procedures, and in order to avoid difficulties and dislodgement, they must be stabilized properly. Catheter stabilization devices are continually being developed by manufacturers with advantages including greater adhesion, enhanced comfort, and hypoallergenic materials. For instance, according to a research report released in March 2022 by the Health Resources & Services Administration (HRSA), about 24,670 kidney transplants were carried out in the US in 2021-2022.
By product, the arterial securement devices segment accounted for the highest revenue-grossing segment in the global catheter stabilization market in 2023 owing to the increasing prevalence of cardiovascular diseases and the rising number of arterial catheterizations. For instance, in April 2022, Bedal and Gulf Medical Co. Ltd. (GMC) inked a distribution contract for Bahrain and Saudi Arabia. Catheter stabilization device usage in the Gulf region is dominated by the Bedal products, which GMC will distribute in Bahrain and Saudi Arabia. Additionally, the CVC securement devices segment is predicted to grow at the fastest CAGR during the forecast period owing to the increasing demand for central venous catheterizations and advancements in securement technologies.
By end-user, the hospital segment accounted for the highest revenue-grossing segment in the global catheter stabilization market in 2023 and is predicted to grow at the fastest CAGR during the forecast period owing to the increasing number of hospital admissions and surgical procedures requiring catheter use. For instance, Starboard Medical, Inc. purchased Braun Medical Inc., a company well-known for its catheter stabilization devices, in September 2022. The acquisition underscores the market's emphasis on innovation, as Starboard seeks to enhance patient experience by utilizing Braun's Clik-FIX catheter fixation system.
North American region is anticipated to have the highest revenue share during the forecast period owing to the advanced healthcare infrastructure, high prevalence of chronic diseases, and significant adoption of advanced medical technologies. Additionally, the Asia Pacific region is predicted to grow at the fastest CAGR during the forecast period owing to the increasing healthcare expenditure, growing medical tourism, and rising prevalence of chronic diseases. For instance, Starboard Medical, Inc. purchased Braun Medical Inc. in September 2022 after the latter introduced the novel Clik-FIX catheter fixation device series. Peripheral intravenous (IV) therapy patient outcomes and experience will be enhanced by new product and programmatic innovations brought about by the B. Braun purchase.
This extensive research report concentrates on the size and projections of the global and regional markets from 2023 to 2034.
Report Scope:
- Base Year: 2023
- Forecast Period: 2024-2034
- Study Coverage
- Market Forecast by Product, and End-User
- Market Forecast for 5 Regions and 17+ Countries
- North America (U.S. and Canada)
- Europe (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
- Asia Pacific (China, Japan, India, Australia, South Korea, Rest of APAC)
- Latin America (Brazil, Mexico, Argentina, Rest of LATAM)
- MEA (South Africa, GCC, Rest of MEA)
- Exhaustive Company Profiles of the Top 10+ Major Market Players
- 20% Free Customization Available to Meet Your Exact Requirement
Segmentation: Catheter Stabilization Market Report 2023 - 2034
Catheter Stabilization Market Analysis & Forecast by Product 2023 - 2034 (Revenue USD Bn)
- Arterial Securement Devices
- Central Venous Catheter Securement Devices
- Peripheral Securement Devices
- Urinary Catheter Securement Devices
- Chest Drainage Tube Securement Devices
- Others
Catheter Stabilization Market Analysis & Forecast by End-User 2023 - 2034 (Revenue USD Bn)
- Hospitals
- Home Care Settings
- Others
Catheter Stabilization Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Catheter Stabilization Market: Product Estimates & Trend Analysis
8. Catheter Stabilization Market: End-User Estimates & Trend Analysis
9. Regional Market Analysis
10. North America Catheter Stabilization Market
11. Europe Global Catheter Stabilization Market
12. Asia Pacific Global Catheter Stabilization Market
13. Latin America Global Catheter Stabilization Market
14. MEA Global Catheter Stabilization Market
15. Competitor Analysis
16. Company Profiles
Companies Mentioned
- 3M Company
- Becton
- Dickinson and Company
- Baxter International Inc.
- Smiths Medical
- C. R. Bard Inc. (now part of BD)
- Medtronic plc
- Centurion Medical Products
- Merit Medical Systems Inc.
- Teleflex Incorporated
- Interrad Medical Inc.
- M. C. Johnson Company Inc.
- TIDI Products LLC
- Dale Medical Products Inc.
- Derma Sciences Inc.
- ConvaTec Group plc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | October 2024 |
| Forecast Period | 2023 - 2034 |
| Estimated Market Value ( USD | $ 1.58 Billion |
| Forecasted Market Value ( USD | $ 4.53 Billion |
| Compound Annual Growth Rate | 10.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 16 |
