Press release
Global Catheter Stabilization Device/Catheter Securement Devices Market Forecasts 2024, By leading vendors Boston Scientific Corporation, Medtronic, Centurion Medical Products, Terumo Corporation, Johnson & Johnson Services, Inc., 3M, Smith & Nephew
Top players and brands are making maestro moves such as developments, products launches, acquisitions, mergers, joint ventures and competitive research in the Global Catheter Stabilization Device/Catheter Securement Devices Market. A change was seen in the CAGR levels in the historic year 2016, the base year 2017 thus determining that CAGR levels will certainly change in the forecast years 2018-2025.
The Global Catheter Stabilization Device/Catheter Securement Devices Market accounted to USD 1,028.7 million in 2016 growing at a CAGR of 7.5% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Market Definition
Catheter stabilization devices are primarily used in the minimally invasive operations and surgeries. The catheter is secured to avoid unintentional removal, decrease trauma to the bladder and the urethra, and reduce the tissues inflammation. The catheters are used for patients who are suffering from numerous illnesses such as urinary retention and urinary incontinence, also patients who have gone through genital or prostrate operation. They are also used for patients suffering from neurological illnesses which include dementia and Parkinson’s disease and multiple sclerosis
Major market drivers and restraints
• Rising Aging Population
• Growing Healthcare Spending
• Increasing Demand for Minimally Invasive Surgeries
• Higher Prices of Technologically Advanced
• Inclination for Alternative Products
• Rising Emerging Markets such as Asia Region
Major Market Competitors
• Boston Scientific Corporation
• Medtronic
• Centurion Medical Products
• Terumo Corporation
• Johnson & Johnson Services, Inc.,
• Smith & Nephew
• C. R. Bard, Inc.,
• ConvaTec Inc.
• B. Braun Melsungen AG
• M. C. Johnson
• Merit Medical Systems, Inc.
• General Electric
• Thomas Medical
• Maquet Holding B.V. & Co. KG.
• Catheter & Medical Design, Inc.
• La-med Healthcare Pvt. Ltd.
• MSI, ARGON MEDICAL, CRI
• Medline Industries, Inc.
• VascoMed GmbH
• Denex International
• Nordson Corporation
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Competitive Analysis
The global catheter stabilization device/catheter securement devices market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of catheter stabilization device/catheter securement devices market for global, Europe, North America, Asia Pacific and South America.
Market Segmentation:
By product the global catheter stabilization device/catheter securement devices market is segmented into arterial securement devices, central venous securement devices, abdominal drainage tubes securement devices, peripheral securement devices, epidural securement devices, chest drainage tube securement devices, and all sites devices.
On the basis of application the global catheter stabilization device/catheter securement devices market is segmented into gastric and oropharyngeal procedures, cardiovascular procedures, respiratory procedures, general surgery, urological procedures, radiology, and other applications.
On the basis of end-user the global catheter stabilization device/catheter securement devices market is segmented into hospitals, emergency clinics, cardiac centers, home healthcare providers, and diagnostic centers.
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On the basis of geography, global catheter stabilization device/catheter securement devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Research Methodology
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or drop down your inquiry.
Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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Email: sopan.gedam@databridgemarketresearch.com
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