Catheter Securement Device Market Trends and Forecast
The future of the global catheter securement device market looks promising with opportunities in the hospitals & clinic, home healthcare, and diagnostic center markets. The global catheter securement device market is expected to grow with a CAGR of 10.1% from 2024 to 2030. The major drivers for this market are increasing prevalence of chronic diseases requiring long-term catheterization, continuous innovations in catheter securement device design, and increasing preference for minimally invasive procedures, such as percutaneous catheterization and endoscopic surgeries.
• Lucintel forecasts that arterial is expected to witness the highest growth over the forecast period.
• Within this market, hospitals & clinics will remain the largest segment.
• North America will remain the largest region over the forecast period.
Country Wise Outlook for the Catheter Securement Device Market
• United States: 3M announced the launch of a new catheter securement device with enhanced adhesive technology, aiming to reduce catheter-related complications. The FDA supports innovations in medical devices to improve patient safety and outcomes.
• Germany: B. Braun Melsungen AG expanded its production capacity for catheter securement devices in response to increasing demand across Europe. The initiative is part of GermanyÄX%$%Xs healthcare infrastructure enhancement plans.
• Japan: Terumo Corporation introduced a novel catheter securement device designed to minimize skin trauma and enhance patient comfort. The government encourages medical device advancements to meet aging population needs.
• Australia: Smiths Medical partnered with local hospitals to conduct clinical trials for a new antimicrobial catheter securement device. The Australian government supports research and development in healthcare technologies to improve patient care standards.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Catheter Securement Device Market by Segment
The study includes a forecast for the global catheter securement device market by type, application, end use, and region.
Catheter Securement Device Market by Type [Value from 2018 to 2030]:
• Arterial
• Central Venous
• Peripheral
• Chest Drainage Tube
• Abdominal Drainage Tubes
• Epidural
• All-Site Securement Devices
Catheter Securement Device Market by Application [Value from 2018 to 2030]:
• Cardiovascular
• Radiology
• General Surgery
• Urological
• Respiratory
• Gastric and Oropharyngeal
Catheter Securement Device Market by End Use [Value from 2018 to 2030]:
• Hospitals & Clinics
• Home Healthcare
• Diagnostic Centers
Catheter Securement Device Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Catheter Securement Device Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies catheter securement device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the catheter securement device companies profiled in this report include-
• 3M Company
• Braun Melsungen AG
• Baxter International
• R. Bard
• Centurion Medical Products
• ConvaTec Group
• Merit Medical Systems
• Smiths Medical
• DeRoyal Industries
• Cardinal Health
Recent Development in the Catheter Securement Device Market
• 3M: Launch of Enhanced Adhesive Technology 3M introduced a new catheter securement device featuring advanced adhesive technology aimed at reducing catheter-related complications. The device offers improved securement and patient comfort, addressing healthcare providersÄX%$%X needs for effective catheter management solutions.
• B. Braun Melsungen AG: Expansion of Production Capacity B. Braun Melsungen AG expanded its production capacity for catheter securement devices to meet growing demand in global markets. The initiative supports B. BraunÄX%$%Xs commitment to enhancing patient safety and improving healthcare outcomes through innovative medical device solutions.
• Terumo Corporation: Introduction of Skin-Friendly Securement Device Terumo Corporation launched a skin-friendly catheter securement device designed to minimize skin trauma and enhance patient comfort during catheterization. The device integrates advanced materials and ergonomic design features to optimize securement and usability in clinical settings.
• Smiths Medical: Development of Antimicrobial Securement Device Smiths Medical developed an antimicrobial catheter securement device aimed at reducing infection risks associated with catheter use. The device incorporates antimicrobial properties to inhibit microbial growth, enhancing patient safety and supporting infection control measures in healthcare facilities.
• BD (Becton, Dickinson and Company): Collaboration for Innovative Securement Solutions BD collaborated with healthcare institutions to develop innovative catheter securement solutions tailored for specific clinical needs. The collaboration focuses on enhancing product efficacy, usability, and patient outcomes through customized securement technologies.
Features of the Global Catheter Securement Device Market
Market Size Estimates: Catheter securement device market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Catheter securement device market size by type, application, end use, and region in terms of value ($B).
Regional Analysis: Catheter securement device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, end use, and regions for the catheter securement device market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the catheter securement device market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for catheter securement device market?
Answer: The global catheter securement device market is expected to grow with a CAGR of 10.1% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the catheter securement device market?
Answer: The major drivers for this market are increasing prevalence of chronic diseases requiring long-term catheterization, continuous innovations in catheter securement device design, and increasing preference for minimally invasive procedures, such as percutaneous catheterization and endoscopic surgeries.
Q3. What are the major segments for catheter securement device market?
Answer: The future of the catheter securement device market looks promising with opportunities in the hospitals & clinic, home healthcare, and diagnostic center markets.
Q4. Who are the key catheter securement device market companies?
Answer: Some of the key catheter securement device companies are as follows:
• 3M Company
• Braun Melsungen AG
• Baxter International
• R. Bard
• Centurion Medical Products
• ConvaTec Group
• Merit Medical Systems
• Smiths Medical
• DeRoyal Industries
• Cardinal Health
Q5. Which catheter securement device market segment will be the largest in future?
Answer: Lucintel forecasts that arterial is expected to witness the highest growth over the forecast period.
Q6. In catheter securement device market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the catheter securement device market by type (arterial , central venous, peripheral, chest drainage tube, abdominal drainage tubes, epidural, and all-site securement devices), application (cardiovascular , radiology , general surgery , urological , respiratory , and gastric and oropharyngeal), end use (hospitals & clinics, home healthcare, and diagnostic centers), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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