Report ID: UCMIG35A2250
Report ID:
UCMIG35A2250 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global catheter stabilization devices market was valued at USD 1.2 billion in 2021 and is expected to grow at a CAGR of 7.3% during the forecast period from 2022 to 2030. The market growth is driven by various factors, including the increasing demand for minimally invasive surgeries, the high prevalence of lifestyle diseases such as cardiovascular diseases, renal failure, and cancers, the growing number of surgeries that may require catheter stabilization devices for postoperative care, and the need to reduce catheter-associated complications and infections.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35A2250