The intravenous stabilization devices are used with the medical tubes and catheters for increasing the dwell time of the catheter along with providing protection to the site with proper visibility, dressing integrity and stability of intravenous device. Intravenous stabilization devices secure the neonatal skin with minimum catheter micro motion and increases patient comfort and safety. It also reduces the catheter associated complication, including dislodgement and itching. With the comprehensive application of intravenous therapy, Center for Disease Control (CDC) has issued proper guidelines for intravenous stabilization devices ensuring proper safety and comfort to the patients.
MARKET DYNAMICS
The intravenous stabilization devices market has shown a significant evolution over the forecast period. The rise of the intravenous stabilization devices market is driven by the increasing prevalence of chronic and lifestyle-related diseases, growing healthcare expenditure, surging geriatric population, and technological advancements with respect to intravenous stabilization devices. The high prevalence of prolonged and lifestyle associated disorders such as cardiovascular disorders, chronic renal failure, and cancer lead to numerous surgeries. These are projected to spur demand for catheter, eventually boosting the intravenous stabilization device market globally. Moreover, with increasing incidences, and substantial increase in healthcare spending, the intravenous stabilization devices market is expected to increase over the forecast period. However, several problems such as hematoma, infiltration, extravascular drug administration or phlebitis while using intravenous therapy, restrain the use of intravenous administration technique, thereby impeding the global market of intravenous stabilization devices.
MARKET SCOPE
The "Intravenous Stabilization Devices Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry's medical device, focusing on the global market trend analysis. This report outlines the Intravenous stabilization devices market with detailed market segmentation by product, application, and end-user. The intravenous stabilization devices market is estimated to witness a high rise during the forecast period. It focuses on the vital statistics on leading players' market status in the intravenous stabilization devices market and provides key opportunities and trends in the market.
MARKET SEGMENTATION
The market is categorized based on the product, application, and end user. Based on the product, the market is segmented as central venous catheter stabilization device, peripheral stabilization devices, abdominal drainage tubes securement devices, epidural stabilization devices, and chest drainage tube stabilization devices. Based on the application, the segmentation of the market is into respiratory procedures, general surgery, cardiovascular procedures, and others. Based on end user, the segmentation of the market is into hospitals, clinics, ambulatory surgical centers, diagnostic centers, and others.
REGIONAL FRAMEWORK
The report states a detailed outline of the industry, consisting of both quantitative and qualitative information. It offers a sketch and forecast of the Intravenous stabilization devices market based on various segments. The report also consists of market size and forecast estimates from the year 2020 to2028with respect to five main regions, namely; North America, Asia-Pacific (APAC), Europe, Middle East, and Africa (MEA), and South & Central America (SCAM). The Intravenous stabilization devices market by each region is then sub-segmented into respective countries and segments. It comprises the analysis and forecast of 18 countries globally and the recent trend and opportunities prevailing in the region.
The report analyzes factors affecting the Intravenous stabilization devices market from both the demand and supply sides. Furthermore, it evaluates market dynamics regarding the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. It also consists of precise PEST analysis for all five regions, namely, North America, Asia Pacific, Europe, Middle East, and Africa, and South & Central America, after assessing political, social, economic, and technological factors affecting the Intravenous stabilization devices market in these regions.
MARKET PLAYERS
The report contains critical developments in the Intravenous stabilization devices market as inorganic and organic growth strategies. Several companies are pivoting on organic growth strategies like product launches, product approvals, and others, such as patents and events. Inorganic growth strategies observed were collaborations and acquisitions &partnerships. Various such activities have paved the path for elaborating the business and customer base of market players. The market players from the Intravenous stabilization devices market are estimated to have profitable growth opportunities in the coming years with the higher demand for Intravenous stabilization devices market in the global market. Given below is the list of a few companies engaged in the Intravenous stabilization devices market.
The report also offers key players' profiles in the Intravenous stabilization devices market, along with their SWOT analysis and market strategies. Also, the report focuses on the key market players with information on company profiles, financial information of the last three years, components, and services provided, critical development in the past five years.
-Cardinal Health Inc.
-Baxter International Inc.
-B. Braun Melsungen AG
-BD
-Terumo Corporation.
-Nipro Corporation.
-Smiths Medical
-Medtronic plc
-3M
-M.C. Johnson Company, Inc.
The Insight Partner's dedicated research and the analytical team comprises of experienced professionals with advanced statistical expertise and offers several customization options in the current report.