The market analysis report titled ‘Global Catheter Stabilization Devices Market Size study, By Product Type (Arterial Securement Devices, Central Venous Catheter Securement Devices, Peripheral Securement Devices, Urinary Catheter Securement Devices, Chest Drainage Tube Securement Devices, Other Securement Devices), By End-Use (Hospitals, Homecare Settings, Other End-Use), and Regional Forecasts 2022-2028’ available with MarketStudyReport, asserts that global catheter stabilization market is estimated to witness a sturdy growth during 2022-2028, and subsequently amass a sustainable valuation by the end of the forecast period.

Growing prevalence of a variety of lifestyle diseases coupled with increasing inclination toward minimally invasive surgical procedures are the major factors likely to propel global catheter stabilization devices market expansion during 2022-2028.

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For those unaware, catheter stabilization devices are technically sound devices designed to mitigate the risk of contracting needlestick injuries, phlebitis, while also avoiding issues with catheter relocation and displacement.

In addition, rapidly developing healthcare infrastructure facilities and escalating medical expenditure are bound to unearth new opportunities for the revenue flow of the market during 2022-2028.

However, availability of affordable alternatives and postponement of non-emergent treatment plans and surgical procedures may severely impede the profit margins of the business sphere in the ensuing years.

Based on product type, the arterial securement devices segment is expected to showcase a robust growth rate through the analysis timeframe, creditable to its growing adoption in a wide variety of surgical procedures involving cardiovascular diseases and cancer therapies.

Speaking of end-use verticals, the hospital segment of worldwide catheter stabilization devices market is estimated to contribute significantly to overall market remuneration in the coming years, owing to increasing prevalence of infections that necessitates the usage of catheters in hospitals for treating patients.

Geographically, North America market is likely to accumulate a substantial remuneration in the ensuing years, owing to proliferation of a variety of catheterization techniques in the surgical procedures of the region.

Meanwhile, Asia Pacific industry landscape is poised to register a commendable CAGR over the forecast period, attributable to the presence of a large patient pool, increasing healthcare expenditure, and rapidly developing medical infrastructure in the region.

The competitive terrain of global catheter stabilization devices industry is defined by key players such as B Braun Melsungen AG, C.R. Bard, Inc., Smiths Medical Inc., The 3M Company, Centurion Medical Products Corporation, Baxter International Inc., Canvatec Group plc, Systems Inc., Merit Medical Systems Inc., and TIDI Products LLC.