Catheter Stabilization Device/Catheter Securement Devices Market $1,372.35 Million by 2020

The report “Catheter Stabilization Device/Catheter Securement Devices Market by Product (Portal, Epidural, Peripheral, Femoral, Nasogastric, Endotracheal), Application (Cardiovascular, Respiratory, Urological, Gastric, Radiology), End User – Global Forecast to 2020”, the global securement devices market is expected to reach $1,372.35 Million by 2020 from $957.26 Million in 2015, growing at a CAGR of 7.47% between 2015 and 2020.

Browse 72 market data tables and 97 figures spread through 156 pages and in-depth TOC on “Catheter Stabilization Device/Catheter Securement Devices Market"

Early buyers will receive 10% customization on this report.

The report provides a detailed overview of the major drivers, restraints, and opportunities impacting the global securement devices market along with the estimates and forecasts of the revenue and market share analysis.

The global securement devices market is poised for rapid growth between 2015 and 2020. They include increasing healthcare expenditure, growing aging population, increasing prevalence of lifestyle diseases, and increasing demand for minimally invasive surgeries are important reasons for the growth in market size.

Inquiry before Buying:

Increasing healthcare expenditure will aid the growth of the securement devices market. Today, healthcare expenditure constitutes a significant part of the development budget of all countries. It consists of spending by both public and private sources on medical goods and services. Rapid economic development across the globe is expected to improve access to quality healthcare. Increasing healthcare expenditure will lead to a rise in the demand for quality healthcare and will be an important growth driver for the securement devices market.

According to estimates from the World Bank, global healthcare spending increased at a CAGR of 7.45% from 2003 to 2012, from $3,829 Billion in 2003 to $7,310 Billion in 2012. In the same period, the global public healthcare spending increased from $2,207 Billion in 2003 to $4,352 Billion in 2012, at a CAGR of 7.84%. This high growth rate, along with the substantial size of healthcare spending, will act as an important driver for hospitals and diagnostics centers, which are the major end-user segments of the securement devices market.

You can speak To Research Analyst:

The securement devices market is segmented on the basis of by products, applications, and end users. Of these, the global securement devices market products segment comprises of arterial securement devices, central venous catheter securement devices, peripheral securement devices, abdominal drainage tubes securement devices, epidural securement devices, chest drainage tube securement devices, and all-site devices. Arterial securement devices had the largest share of the securement devices market in 2015 and central venous catheter securement devices are expected to grow at the highest CAGR between 2015 and 2020.

The applications included in this report are general surgery, cardiovascular procedures, respiratory procedures, urological procedures, gastric and oropharyngeal procedures, radiology and other applications. The cardiovascular procedures applications had the largest share of the securement devices market in 2015. The cardiovascular procedures applications are expected to one of the fastest growing applications between 2015 and 2020.

The geographic segments included in this report are North Americas, Europe, Asia and Rest of the World (RoW). North America has the largest share of this market in 2015, while Asia is expected to grow at the fastest rate during the forecast period. Growth in the Asian securement devices market will primarily be driven by the aging population in this region.

The major players in the securement devices market include Medtronic plc (U.S.), 3M Company (U.S.), C. R. Bard, Inc. (U.S.), Baxter International, Inc. (U.S.) , B. Braun Melsungen AG (Germany), ConvaTec Inc. (U.S.), Merit Medical Systems, Inc. (U.S.), Smiths Group plc (U.K.), Centurion Medical Products (U.S.), and M.C. Johnson Company, Inc. (U.S.).

Browse Related Reports:
Minimally Invasive Surgical Instruments Market
by Product (Handheld Instruments, Guiding Device, Inflation Systems, Auxiliary Instruments, Cutter Instruments), Application (Cardiothoracic, Vascular Surgery, Cosmetic, Urological) - Global Forecast to 2019.

Wound Care Market by Type (Traditional (Wound Closure, Anti-infective), Basic (Films, Cleansing), Advanced (Hydrogels, Hydrocolloids, Alginate, Collagen), Active (Artificial Skin & Skin Substitutes), Pressure Relief Devices, NPWT) - Global Forecast to 2019.

About MarketsandMarkets:

MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Subscribe Reports from Healthcare Domain @

Mr. Rohan

Unit No. 802, 8th Floor,

Tower - 7, Magarpatta City SEZ,

Hadapsar, Pune – 411013,

Maharashtra, India.

Tel: +1-888-6006-441.

Visit MarketsandMarkets Blog @

Connect with us on LinkedIn @