As per the research report, the size of the Europe Catheter Stabilization Devices Market is valued at USD 293.22 million in 2022 and estimated to be growing at a CAGR of 7.32%, to reach USD 417.44 million by 2027 during the forecast period 2022 to 2027.
The catheter stabilization devices market in Europe is being driven by a growing senior population, rising prevalence of lifestyle conditions, rising healthcare costs, and an increasing desire for less invasive surgeries.
One of these variables is the number of procedures performed in trauma centers and hospitals that require a catheter during the procedure. As a result, catheter stability and security are more important than ever. The market is expected to develop over the forecast period due to the rising demand for minimally invasive procedures across Europe. Catheter stabilizing devices will become increasingly important as the need for less invasive treatments grows. Unfortunately, hospitals and clinics cannot quickly adapt to these devices because of catheter product recalls.
Government support programs to strengthen the healthcare system and promote economic growth in developing countries will move the regional market forward. Hospitalizations for cardiovascular patients are also on the rise, especially in late adulthood and old age, when patients have a variety of symptoms.
Companies like Bard, Baxter, and others manufacture arterial securement devices widely used in hospitals and clinics. These companies have well-developed distribution systems. The demand for arterial securement devices has increased due to these variables, resulting in improved surgical outcomes. As a result, clinical stabilization devices are predicted to dominate the market during the forecast period.
Alternative devices and the high cost of technologically advanced items limit the expansion of the European catheter stabilization devices industry.
The most severe risk of using a urinary catheter is that bacteria may enter your body. Infections of the urethra, bladder, and, less commonly, kidneys can result from this. Urinary tract infections are the name for this infection (UTIs).
Pneumothorax, arterial puncture, haem thorax, stroke, arrhythmias, and nerve injury are all substantial risks associated with installing these lines. One of the most common early problems following a central line insertion is cardiac issues. Because the guidewire comes into contact with the right atrium, physicians will experience arrhythmias during or shortly after the insertion.
This research report on the Europe Catheter Stabilization Devices Market has been segmented and sub-segmented into the following categories:
By End User:
Geographically, the Europe Catheter Stabilization Devices Market is projected to drive the market due to the frequency of cardiovascular disorders and cancer incidences. In addition, chronic lifestyle diseases and unintentional incidents are on the rise at an alarmingly high rate.
The U.K Catheter Stabilization Devices Market is predicted to grow at significant growth and is well known for hospital management and infrastructure in terms of surgical methods. In addition, healthcare organizations can afford the high costs of therapy and devices, which is propelling the industry forward.
The France Catheter Stabilization Devices Market is predicted to increase rapidly. The European Medical Agency (EMA) for catheter stabilization devices market and the increased central line-associated bloodstream infection (CLABSI) cases. The stipulation of healthcare costs accelerates the market's expansion. According to the OECD, Germany spent EUR 321 billion on healthcare in 2014.
The Germany Catheter Stabilization Devices Market has experienced significant growth during the assessment period. The market expansion was aided by increasing government assistance and extensive funding to introduce innovative items. THE SEATS ARE LOCKED The Foley stabilization device is a strapless device that locks and stabilizes the Foley catheter.
KEY MARKET PLAYERS
Key players operating in the Europe Catheter Stabilization Devices Market profiled in this report are Medtronic plc (U.S.), C. R. Bard, Inc. (U.S.), Centurion Medical Products (U.S.), Smiths Group plc (U.K.), Baxter International, Inc. (U.S.), B. Braun Melsungen AG (Germany), ConvaTec Inc. (U.S.), Merit Medical Systems, Inc. (U.S.), 3M Company (U.S.), and M.C. Johnson Company, Inc. (U.S.).,
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1.1 Gastric and Oropharyngeal
5.1.2 Radiology General Surgery
5.1.6 Other Applications
5.1.7 Y-o-Y Growth Analysis, By Application
5.1.8 Market Attractiveness Analysis, By Application
5.1.9 Market Share Analysis, By Application
5.2.1 Peripheral Securement Devices
5.2.2 Abdominal Drainage Tubes Securement Devices
5.2.3 Arterial Securement Devices
5.2.4 Epidural Securement Devices
5.2.5 Chest Drainage Tube Securement Devices
5.2.6 Central Venous Catheter Securement Device
5.2.7 All-Site Devices
5.2.8 Y-o-Y Growth Analysis, By Product
5.2.9 Market Attractiveness Analysis, By Product
5.2.10 Market Share Analysis, By Product
5.3 End User
5.3.2 Home Healthcare Providers
5.3.3 Emergency Clinics
5.3.4 Diagnostic Centres
5.3.5 Y-o-Y Growth Analysis, By End User
5.3.6 Market Attractiveness Analysis, By End User
5.3.7 Market Share Analysis, By End User
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
188.8.131.52 By Application
184.108.40.206 By Product
220.127.116.11 By End User
6.1.4 Market Attractiveness Analysis
18.104.22.168 By Application
22.214.171.124 By Product
126.96.36.199 By End User
6.1.5 Market Share Analysis
188.8.131.52 By Application
184.108.40.206 By Product
220.127.116.11 By End User
7. Strategic Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Medtronic plc
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 3M Company
8.3 B. Braun Melsungen AG
8.4 ConvaTec Inc.
8.5 C. R. Bard, Inc.
8.6 Baxter International, Inc.
8.7 Smiths Group plc
8.8 Centurion Medical Products
8.9 Merit Medical Systems, Inc.
8.10 M.C. Johnson Company, Inc.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures
Talk to our analyst and get customised report done according to your research needs
Check if you can avail any discount. Submit your details and our team will get back to you.
Request to avail a free sample report that reflects this market and its growth.