Catheter Stabilization Devices Market Size, Share, Growth & Industry Analysis, By Product (Peripheral Securement Devices, Central Venous Catheter Securement Devices, Arterial Securement Devices, Chest Drainage Tube Securement Devices & Others), By End-Use (Hospitals, Homecare Settings, Others) and Regional Analysis, 2023-2030

Catheter Stabilization Devices Market Size

The global Catheter Stabilization Devices Market size was valued at USD 1.25 billion in 2022 and is projected to reach USD 2.20 billion by 2030, growing at a CAGR of 7.32% from 2023 to 2030. The catheter stabilization devices market growth is accelerated by the increasing prevalence of chronic diseases requiring lengthy medical procedures and catheterization. The proliferating demand for minimally invasive procedures that require the use of a catheter and catheter stabilization devices. In the scope of work, the report includes products offered by companies such as Braun Melsungen, Baxter International Inc, Cardinal Health, Koninklijke Philips N.V, Medline Industries, LP, Merit Medical Systems, Strive Medical, Teleflex Incorporated, 3M, BD, and others.

The increase in the number of surgeries that may require these devices for post-operative care, along with the growing need to reduce catheter-related complications and infections, is accelerating the need for catheter stabilization devices. The increasing spending on infection management and prevention necessitates using catheters and catheter stabilizing devices to lower the risk of infection.

Ongoing advancements in catheter techniques and materials have led to the development of more sophisticated catheter stabilization devices that provide improved efficiency and patient comfort. The proliferation of modern medical technologies that require the use of catheters and catheter stabilization devices is expected to sustain the growth of the catheter stabilization devices market in the coming years.

However, the high cost of catheter stabilization devices restricts the market growth. In addition to cost, the adoption and use of catheter stabilization devices are influenced by other factors, such as the availability of personnel trained to use and maintain the devices, the risk of complications associated with the device, and the preference of some healthcare providers. Despite these challenges, there is ongoing research and development in the field of catheter stabilization devices to address these factors and improve the safety and comfort of catheter procedures while minimizing costs.

Analyst's Review

The catheter stabilization devices market offers several growth opportunities for the market players driven by factors such as increasing demand for minimally invasive surgeries, and advancements in technologies and materials used in catheter stabilization devices. In addition, an increase in the number of surgical procedures performed and the rising number of senior citizens are also fueling the market growth. The increasing demand for seamless stabilization devices creates new opportunities for market participants to develop more cost-effective and efficient products. Furthermore, the growing popularity of home care treatment is increasing the demand for single-use and disposable catheter stabilization devices, providing new opportunities for market players.

Market Definition

Catheter stabilization devices are designed to secure catheters in place and prevent them from unintentional dislodgement. These devices can help minimize the risk of complications such as catheter-related infections, skin irritation, and dislodgement. Many catheter stabilizers are designed with materials such as hydrogels, silicone, and soft fabrics to improve patient comfort and prevent skin irritation. Some catheter stabilizers are designed for single use providing clinicians and patients with a convenient and safe alternative to more complex catheter systems.

Catheter stabilizers come in a variety of sizes and shapes to fit a wide range of medical applications and preferences. These devices have numerous uses, including central venous catheterization, percutaneous central catheterization, and peripheral catheterization, and can be used in hospitals, specialty clinics, and home care settings. Moreover, catheter stabilization devices are essential medical devices that can improve patient outcomes and the overall safety and effectiveness of catheter-related medical procedures.

Market Dynamics

The growing geriatric population with various chronic conditions, such as cardiovascular and urinary diseases, presents both challenges for the healthcare industry. On the other hand, the prevalence of chronic diseases in an aging population can place a significant burden on health systems and resources. Treatment of these chronic conditions requires long-term use of medications, medical devices, and frequent visits to medical facilities. Advances in technologies and materials used in catheter stabilization devices can improve patient outcomes and quality of life for patients with chronic diseases.

Various chronic diseases such as cardiovascular diseases and urinary tract diseases require improved health services from both the public and private sectors. This has forced players in both fields to invest in research and development of catheter stabilization devices. Further research on these devices is likely to eliminate the risk of catheter-related complications, which are likely to affect the market. Additionally, the incidence of urinary tract diseases in the elderly has increased, which is likely to contribute to the growth of the global catheter stabilization devices market.

The greater focus on patient safety and comfort has accelerated the market growth. Manufacturers are creating catheter stabilization tools to increase patient comfort and reduce the possibility of complications including infections associated with catheters. Catheter stabilizers are designed with advanced materials such as hydrogels, silicone, and soft fabrics to improve patient comfort and prevent skin irritation. Leading market players are expanding their product portfolio to include a wide range of catheter stabilization devices used in various medical applications. The growing popularity of disposable stabilization devices due to their ease of use, convenience, and ability to reduce the risk of infection is driving the need for catheter stabilization devices. The market will continue to grow in the coming years as manufacturers focus on developing more sophisticated, patient-friendly products.

Segmentation Analysis

The global catheter stabilization devices market is segmented based on product, end-use, and geography.

By Product

Based on product, the market is segmented into peripheral securement devices, central venous catheter securement devices, arterial securement devices, chest drainage tube securement devices, urinary catheter securement devices, and others. The peripheral securement devices segment recorded a valuation of USD 407.11 million in 2022. Peripheral securement devices find applications in securing various catheters, tubes such as chest tubes, drainage tubes and large medical tubes, peripheral catheters, CVCs, dialysis, and epidural catheters. The diverse application of these devices to secure numerous catheters and tubes to suit different anatomical settings are expected to be the highest among other product forms throughout the forecast period.

By End-Use

Based on end-use, the catheter stabilization devices market is segmented into hospitals, homecare settings, and others. The hospitals segment is dominating with a market share of 53.25% in 2022 due to the widespread use of arterial catheters in various cardiovascular and cancer-related surgeries in hospitals. The widespread use of these devices makes safety-critical to reducing complications associated with their use. The occurrences of infections associated with their use are high in hospital patients. Catheter-associated urinary tract infections (CAUTIs) are the most commonly reported nosocomial infections and their incidence continues to increase.

Catheter Stabilization Devices Market Regional Analysis

Based on regional analysis, the global catheter stabilization devices market is classified into North America, Europe, Asia Pacific, MEA, and Latin America.

The North America Catheter Stabilization Devices Market share stood around 41.60% in 2022 in the global market, with a valuation of USD 0.52 billion. The regional growth of the market is propelled by the proliferating number of minimally invasive surgeries. The widespread use of catheter techniques in research, diagnosis, and treatment is also one of the factors influencing the growth of the market. The growing use of intravenous catheters in this region is expected to further boost market expansion. The United States is the largest market in this region and globally due to the increasing usage of catheters.

According to the Joint Commission, about 300 million catheters are used in the United States each year, of which nearly 3 million are central venous catheters. The high prevalence of central line-associated bloodstream infection (CLABSI) and catheter-associated urinary tract infection (CAUTI) increases the need to control these infections, which are expected to impact the market.

Asia Pacific is the fastest-growing market with a CAGR of 8.80% over the forecast period. This rapid growth is due to the increasing prevalence of cardiovascular diseases in the population. Catheters are widely used by medical professionals to treat such cardiovascular conditions. Growing demand for various surgeries, improving healthcare services, and awareness among the general public and professionals are expected to boost growth in this region. Improvements in healthcare services in developing regions and an increasing number of hospitals are expected to contribute to the growth of the use of catheter stabilization devices.

Competitive Landscape

The global catheter stabilization devices industry study report will provide valuable insight with an emphasis on the fragmented nature of the global market. Prominent players are focusing on several key business strategies such as partnerships, mergers and acquisitions, product innovations, and joint ventures to expand their product portfolio and increase their respective market shares across different regions. Expansion & investments involve a range of strategic initiatives including investments in R&D activities, new manufacturing facilities, and supply chain optimization.

List of Key Companies in Catheter Stabilization Devices Market

• Braun Melsungen
• Baxter International Inc
• Cardinal Health
• Koninklijke Philips N.V
• Medline Industries, LP
• Merit Medical Systems
• Strive Medical
• Teleflex Incorporated
• 3M
• BD

Key Industry Developments

• September 2022 (Acquisition): Braun Medical Inc. acquired by Starboard Medical, Inc. with the launch of the innovative series Clik-FIX catheter fixation device. The B. Braun acquisition will create product and programmatic innovations to improve patient experience and outcomes with peripheral intravenous (IV) therapy.

The Global Catheter Stabilization Devices Market is Segmented as:

By Product

• Peripheral Securement Devices
• Central Venous Catheter Securement Devices
• Arterial Securement Devices
• Chest Drainage Tube Securement Devices
• Urinary Catheter Securement Devices
• Others

By End-Use

• Hospitals
• Homecare Settings
• Others

By Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • France
  • UK
  • Spain
  • Germany
  • Italy
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia Pacific
• Middle East & Africa
  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America