Frequently Asked Questions
On the basis of product type, the catheter stabilization device 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.
Some of the major players operating in catheter stabilization device industry include, C.R. Bard, Inc., B. Braun Melsungen AG, Baxter International Inc., TIDI Products, LLC, 3M Company, Centurion Medical Products, Merit Medical Systems, Inc., Smiths Medical, Starboard Medical, Inc. and Dale Medical Products, Inc.
Hospitals is the fastest growing end user segment of catheter stabilization device market. Increase in number of surgeries and rising number of chronic patients in the hospitals drives the market.
North America holds the largest share in the market owing to presences of leading manufacturers in this region and high level of awareness among end-users regarding benefits of catheter stabilization devices.
High cost of product and availability of cost-effective alternatives in the market is the major challenge for the growth of catheter stabilization device industry. Moreover, lack of awareness regarding safety and benefits of catheter stabilization device among end-users across emerging countries is one of the substantial hurdles for the growth of this industry