The Asia Pacific Catheter Stabilization Devices Market would witness market growth of 7.9% CAGR during the forecast period (2022-2028).
The rise in cardiovascular illnesses is one of several key factors influencing the global market for catheter stabilization devices. One of the factors driving the market for catheter stabilization devices is the rise in persistent lifestyle diseases and accidents. Additionally, the demand for less invasive therapies is fueling the expansion.
The major contact hold area for modern suture-less stabilization/securement devices that anchor catheters to the skin is often the catheter hub's suture wings. Although design notches and reinforced nonwoven backing can increase the performance of a dressing alone as a securement method, they still require significantly less force than dedicated rigid securement devices. Each technique's main objective is to stop the catheter from moving away from the place of insertion and to stop or reduce any issues that could arise from it.
Peripherally inserted central catheters (PICCs) and non-tunneled CVADs should be held in place by a securement system that is safe and effective. It should also be able to withstand forces that range from minor tugging caused by normal wear to unexpectedly heavy pulls caused by accidents, angry or confused patients, or the fall of IV solution bags. Wearing the gadget should not result in skin damage or injury.
In China, the prevalence of CVD has been steadily increasing since 2006. 13 million, 11 million, 5 million, 4.5 million, 2.5 million, 2 million, and 245 million of the approximately 290 million people with CVD have a stroke, pulmonary heart disease, rheumatic heart disease, heart failure (HF), congenital heart disease, and hypertension, respectively. In terms of mortality, more people in China die from CVD than from cancer or other diseases, accounting for two out of every five fatalities.
The China market dominated the Asia Pacific Catheter Stabilization Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $125.6 million by 2028. The Japan market is experiencing a CAGR of 7.2% during (2022 - 2028). Additionally, The India market would display a CAGR of 8.5% during (2022 - 2028).
Based on Products, the market is segmented into Arterial Securement Devices, Central Venous Catheter Securement Devices, Peripheral Securement Devices, Urinary Catheter Securement Devices, Chest Drainage Tube Securement Devices, and Others. Based on End User, the market is segmented into Hospitals, Homecare Settings, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Catheter Stabilization Devices Market is Projected to reach USD 1.7 Billion by 2028, at a CAGR of 7.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Becton, Dickinson and Company, Baxter International, Inc., B. Braun Melsungen AG, Cardinal Health, Inc., Merit Medical Systems, Inc., ICU Medical, Inc., TIDI Products, LLC, ConvaTec Group PLC, and Medline Industries, Inc. (Centurion Medical Products Corporation).
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