Dallas, Texas, Aug. 28, 2020 (GLOBE NEWSWIRE) -- The “Global Catheter Stabilization Devices Market, by Technology (Arterial Securement Devices, Urinary Catheter Securement Devices, Central Venous Catheter Securement Devices, Chest Drainage Tube Securement Devices, Other Securement Devices), End-Users (Hospitals, Home Care Settings, Others), Region and Forecast 2021 to 2028” study provides an elaborative view of historic, present and forecasted market estimates.
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Adroit Market Research report on global catheter stabilization devices market gives a holistic view of the market from 2018 to 2028, which includes factors such as market drivers, restraints, opportunities, and challenges. The market has been studied for historic years from 2018 to 2019, with the base year of estimation as 2020 and forecast from 2021 to 2028. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the market competition with company positioning based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global Catheter Stabilization Devices market have been studied in detail.
The global catheter stabilization devices market was valued at USD 1203.4 million in 2019 and is expected to grow at a CAGR of 10.0% over the forecast period from 2021 to 2028. Rising demand for minimally invasive surgeries across the globe is anticipated to drive the market growth over the forecast period.
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The category of CVC securement devices is projected to rise at the fastest pace over the forecast period with a CAGR of more than 9%. Securing CVC is increasing in importance due to benefits such as the absence of care interruptions, few repeat procedures & reinsertions and a decline in CVC replacement costs. For critically ill patients requiring long-term therapy, as in the case of cancer, effective securement is crucial.
North America currently holds the largest share in catheter stabilization devices market owing to well established healthcare infrastructure and prompt adoption of new technologies. Furthermore, the prevalence of lifestyle disorders in this region are significantly higher than the global average, thereby contributing significantly to the growth of this region.
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Asia Pacific is going to record growth at a faster pace on account of governments supportive policies to improve the healthcare system and economic developments happening across the emerging economies such as India, and China among others.
The scope of the report is segmented into technology, and end-users. Based on the technology, the catheter stabilization devices market is sub segmented into Arterial Securement, Central Venous Catheter Securement, Peripheral Securement, Urinary Securement. Based on the end-users, the catheter stabilization devices market is sub segmented into hospitals, Home Care Settings, and others. Key players serving the global market includes Baxter, Centurion Medical Products, 3M, Smiths Medical, TIDI Products, LLC, among other prominent players.
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Table of Contents
Chapter 1. Introduction
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Global Catheter Stabilization Devices Market by Technology, 2018-2028 (USD Million)
Chapter 5. Global Catheter Stabilization Devices Market by End-Users, 2018-2028 (USD Million)
Chapter 6. Global Catheter Stabilization Devices Market by Region, 2018-2028 (USD Million)
Chapter 7. Company Profiles
Chapter 8. Appendix
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