IV administration method is used for adjusting dehydration or electrolyte imbalance, for blood transfusions, and to distribute medication. The peripheral infusion devices are the most widely used devices in the global medical market. The IV stabilization devices are used with the medical tubes and catheters for growing the stay time of the catheter along with providing guard to the site with proper visibility, dressing integrity and stability of IV device. IV stabilization devices protect the neonatal skin with least catheter micro motion and enhances patient comfort and safety. It also diminishes the catheter related complication, including dislodgement and itching.
MARKET DYNAMICS
The IV stabilization devices market is driving due to the high prevalence of prolonged and lifestyle associated disorders such as cardiovascular disorders, chronic renal failure, and cancer lead to numerous surgeries, rising geriatric population, healthcare expenditure, increased patient satisfaction, and faster recovery. However, problems such as hematoma, infiltration, extravascular drug administration or phlebitis while using IV therapy will hamper the market's growth. Moreover, untapped markets in emerging regions, increased demand for minimally invasive surgeries owing to reduced pain is expected to provide opportunities in the global IV stabilization devices market.
MARKET SCOPE
The "IV Stabilization Devices Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of IV Stabilization Devices market with detailed market segmentation by product, application, age group, and end user. The IV Stabilization Devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in IV Stabilization Devices market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The IV stabilization devices market is segmented on the basis of product, application, age group, and end user. Based on product, the market is segmented as central venous catheter stabilization device, peripheral stabilization devices, abdominal drainage tubes securement devices, epidural stabilization devices, chest drainage tube stabilization devices. Based on application, the market is segmented as general surgery, cardiovascular, respiratory, urological, gastric, pharyngeal, radiology, others. Based on age group, the market is segmented as pediatric, adult. Based on end user, the market is segmented as hospitals, emergency clinics, home healthcare providers, diagnostic centers.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the IV Stabilization Devices market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The IV Stabilization Devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting IV Stabilization Devices market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the IV Stabilization Devices market in these regions.
MARKET PLAYERS
The report covers key developments in the IV Stabilization Devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from IV Stabilization Devices market are anticipated to have lucrative growth opportunities in the future with the rising demand for IV Stabilization Devices in the global market. Below mentioned is the list of few companies engaged in the IV Stabilization Devices market.
The report also includes the profiles of key players in IV Stabilization Devices market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Medtronic
- 3M
- C. R. Bard (BD)
- Baxter International, Inc.
- B. Braun Melsungen AG
- ConvaTec
- Smiths Group plc
- M.C. Johnson Company, Inc.
- Merit Medical Systems
- Halyard Health, Inc.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.