Catheter Stabilization Device Market Growth Statistics to Make Multi-Billion Dollar Market during 2020 – 2025 |3M, B. Braun, ConvaTec, Baxter, Smiths Medical

Global Catheter Stabilization Device Market overview:

The report " Catheter Stabilization Device Market” The quick adoption of advanced Analytics and Visualization and the expand use of outward data sources are the major drivers of the Catheter Stabilization Device Market. The report high Point, Potential Growth Opportunities in the coming years and covers a review of the Market Drivers, Growth Measure, Competitive Landscape, Market Dynamics, Opposition and other Feature to the Catheter Stabilization Device Market.

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The catheter securement devices market, based on type, is segmented into peripheral, arterial, central, chest drainage, abdominal drainage, epidural, and all-site securement devices. The peripheral catheter securement devices segment dominated this market in 2019. The peripheral catheters are the most widely used products and thus the use of securement devices for these catheters is significant.

On the basis of Product Type, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

1 Arterial Devices Securement Devices

2 Central Venous Catheter Securement Devices

3 Peripheral Securement Devices

4 Abdominal Drainage Tubes Securement Device

5 Epidural Securement Devices/Chest Drainage Tube Securement Device

Based on End Users/Applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

1 Hospitals

2 Emergency Clinics

3 Home Healthcare Providers

4 Diagnostic Centers

The catheter securement devices market, by application is segmented into cardiovascular procedures, respiratory procedures, gastric and oropharangeal procedures, general surgery, urological procedures, radiology, and other applications.  In 2019, the cardiovascular procedures segment accounted for the largest share of the catheter securement devices market. The large share of this segment can be attributed to the increasing incidence of cardiovascular diseases such as stroke and heart disease across the globe.

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Asia Pacific was a prominent market for Catheter Stabilization Devices in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Catheter Stabilization Device market in Asia Pacific. There are several manufacturers of Catheter Stabilization Devices in Europe and North America. In North America, the demand for Catheter Stabilization Devices is primarily driven by the residential sector. Improved standards of living and rising usage of Catheter Stabilization Devices for flooring purpose are anticipated to drive the market in North America.

Some of the major players that operate in the Global Catheter Stabilization Device Market are C. R. Bard, 3M, B. Braun, ConvaTec, Baxter, Smiths Medical, Djo Global, Merit Medical Systems, Halyard Health, Inc, Dale Medical, Centurion Medical Products, Derma Sciences, TIDI Products, Medline, Deroyal, CRYO-PUSH, Marpac Inc, Hebei Kanghui, Hunan Jinpeng, Interrad Medical, M. C. Johnson, BioDerm.

Latest Industry Updates:

Beginning in January, 3M ramped up production of respirators and doubled its global output to 1.1 billion per year – including 35 million N95 respirators per month in the U.S. These contracts, a collaboration made possible under the authority of the Defense Production Act, will allow 3M to make another 39 million respirators per month in the U.S. An additional investment already underway by 3M will add another 22 million respirators per month to that output, nearly tripling the company’s total production of N95 respirators to more than 95 million per month in the U.S.

 

3M has invested over $80 million in ramping up N95 respirator production since the outbreak began in January. Those investments and actions, along with these contracts, will enable the company to nearly double its current capacity again to 2 billion respirators globally by the end of the year.

“3M is working around the clock to get much-needed personal protective equipment to the nation’s frontline healthcare workers,” said Mike Roman, 3M chairman of the board and chief executive officer. “Being selected for these contracts will allow us to increase our manufacturing capability even more. We thank the Trump Administration and the Department of Defense for their close collaboration on this effort and share their goal of protecting the American public.”

The increase in production will be made possible by the addition of new equipment that manufactures N95 respirators. The construction of that equipment has begun in Wisconsin where initial production of the respirators will start in June. The equipment will eventually be relocated to a new expansion at 3M’s facility in Aberdeen, South Dakota. 3M’s Aberdeen plant has been a key part of the company’s U.S. manufacturing strategy of personal protective equipment for decades and throughout the COVID-19 outbreak.

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Table of Contents:

1 Catheter Stabilization Device Definition

2 Global Catheter Stabilization Device Market Major Player Share and Market Overview

3 Major Player Catheter Stabilization Device Business Introduction

4 Global Catheter Stabilization Device Market Segmentation (Region Level)

5 Global Catheter Stabilization Device Market Segmentation (Product Type Level)

6 Global Catheter Stabilization Device Market Segmentation (Industry Level)

7 Global Catheter Stabilization Device Market Segmentation (Channel Level)

8 Catheter Stabilization Device Market Forecast 2020-2024

9 Catheter Stabilization Device Segmentation Type

10 Catheter Stabilization Device Segmentation Industry

11 Catheter Stabilization Device Cost Analysis

12 Conclusion

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