North America Catheter Stabilization Devices Market Size, Share & Industry Trends Analysis Report By Products, By End User (Hospitals, Homecare Settings, and Others), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America Catheter Stabilization Devices Market would witness market growth of 6.9% CAGR during the forecast period (2022-2028).
Over millions of Americans suffer from incontinence at some point in their lives, and these gadgets are becoming increasingly popular among those who suffer from urinary disorders. As a result, stabilization devices are projected to be increasingly used on a global scale in a wide range of application areas due to their expanding use.
In "A Global Challenge, A Global Perspective," the Joint Commission states that 80,000 Central Line-Associated Bloodstream Infections (CLABSIs) occur in intensive care units each year in the United States. If patients outside the IUs are included, the number of CLABSI cases rises to 250,000 annually. There is an increase in the incidence of such illnesses, which is one of the main reasons for their need for good and efficient security. To lower the risk of intravascular catheter-related infections, the CDC advises using securement devices.
The Centers for Disease Control and Prevention's (CDC) "Heart Disease Facts" article, which was updated in September 2020, states that heart disease is the leading cause of mortality in the United States. A heart attack affects over 805,000 Americans yearly, according to the same source. The necessity for such disease treatment devices is ongoing due to the death rate from heart disorders. By 2020, the Center for Disease Control and Prevention estimates that every year in the United States, about 600,000 women will get hysterectomies.
The US market dominated the North America Catheter Stabilization Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $492 million by 2028. The Canada market is poised to grow at a CAGR of 5.7% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 8.6% 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 U.S., Mexico, Canada, and Rest of North America.
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).
Scope of the Study
Market Segments Covered in the Report:
- Arterial Securement Devices
- Central Venous Catheter Securement Devices
- Peripheral Securement Devices
- Urinary Catheter Securement Devices
- Chest Drainage Tube Securement Devices
By End User
- Homecare Settings
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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
- Medline Industries, Inc. (Centurion Medical Products Corporation)
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