As per the research report, the size of the Middle East and Africa Catheter Stabilization Devices Market is valued at USD 92.97 million in 2023 and expected to be growing at a CAGR of 7.53%, to reach USD 133.66 million by 2028 during the forecast period 2023 to 2028.
The rising prevalence of chronic diseases such as cardiovascular diseases, cancer, diabetes and arthritis across the MEA region majorly propel the growth of the MEA catheter stabilization market. Among these, cardiovascular diseases bear a high mortality rate in the Middle East and Africa region, accounting for approximately 1.4 million deaths annually. Contributing factors include sedentary lifestyles, alcohol consumption, excessive intake of sugary foods, and an aging population. Diagnosis of heart conditions is facilitated through procedures such as coronary angiography, which enables accurate treatment planning based on the patient's symptoms and conditions. During coronary angiography, a catheter, a thin and flexible tube, is inserted into a blood vessel in the arm to examine blood vessels. Catheter stabilization devices are employed to secure the catheter in place, reducing the risk of sudden dislodgement and mitigating potential hazards.
The rising incidence of urinary tract infections among the population of MEA countries further boosts the growth rate of the MEA catheter stabilization market. Factors such as an enlarged prostate in men, kidney issues, pregnancy, sexual activity, and weakened immune systems contribute to the prevalence of urinary tract infections. Urinary catheters are utilized in individuals experiencing difficulty in natural urine passage. These catheters are employed for bladder emptying before and after surgical procedures. To secure the proper placement of urinary catheters within the ureters or bladder, healthcare providers rely on catheter stabilization devices. These devices prevent undesired catheter movement, ensuring optimal functionality and patient comfort.
The growing adoption of laparoscopic surgeries and minimally invasive procedures, advancements in the development of novel catheter stabilization devices, growing investments in healthcare infrastructure and medical devices in the Middle East and Africa region and increasing geriatric population and healthcare expenditure across MEA further propel the regional market growth. The growing awareness about the importance of patient safety and infection control measures, increasing number of initiatives and support from the governments of MEA countries for healthcare development and improvement, technological advancements in catheter stabilization devices, such as sutureless options and tapes and growing R&D activities to enhance the effectiveness and usability of catheter stabilization devices favour the catheter stabilization devices market in the MEA region.
High cost associated with catheter stabilization devices, lack of skilled healthcare professionals trained in catheter insertion and stabilization techniques and poor awareness among patients and healthcare providers about the benefits and availability of catheter stabilization devices hamper the growth of the catheter stabilization devices market in MEA. Stringent regulatory requirements and lengthy approval processes for new devices, insufficient healthcare infrastructure and inadequate availability of advanced medical devices in certain regions and limited reimbursement policies and coverage for catheter stabilization devices in some healthcare systems further impede the MEA market growth
This research report on the MEA Catheter Stabilization Devices Market has been segmented and sub-segmented into the following categories.
By End User:
The market in the Middle East and Africa is predicted to register steady growth in the coming years owing to the increased hospital investment in surgical safety devices and improved availability of catheter stabilization devices in the region.
Saudi Arabia and the United Arab Emirates (UAE) are anticipated to account for a notable share of the MEA market during the forecast period owing to the growing adoption of catheter stabilization devices in hospitals and clinics an increase in mergers and acquisitions and rising prevalence of minimally invasive surgeries.
KEY MARKET PLAYERS
Key Market Participants leading the MEA Catheter Stabilization Devices Market profiled in the report are Medtronic plc (U.S.), 3M Company (U.S.), Baxter International, Inc. (U.S.), Merit Medical Systems, Inc. (U.S.), ConvaTec Inc. (U.S.), Centurion Medical Products (U.S.), Smiths Group plc (U.K.), C. R. Bard, Inc. (U.S.), B. Braun Melsungen AG (Germany), & M.C. Johnson Company, Inc. (U.S.).,
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