Catheter Securement Market Size, Share, and Trends Analysis-Global-2024-2030-MedCore-Includes: Tape and Dressings, and Manufactured Catheter Securement Devices
The global catheter securement market was valued at $2.2 billion in 2023 and is projected to grow at a CAGR of 3.6%, reaching $2.8 billion by 2030. This comprehensive analysis covers over 15 catheter securement companies across 7 continents, providing insights into market sizes, unit sales, and company market shares while delivering accurate forecasts.
The report suite encompasses the tape and dressings market and the manufactured catheter securement devices (MCSDs) market.
Key Data and Insights
Data Types Included:Unit Sales, Average Selling Prices, Market Value & Growth Trends
Forecasts Through 2030 and Historical Data from 2020
Market Drivers and Limiters by Segment
Competitive Analysis, Including Market Shares
Recent Mergers and Acquisitions
COVID-19 Impact Analysis
Disease Overviews and Demographic Information
Company Profiles, Product Portfolios, and SWOT Analyses for Top Competitors
Market Drivers and TrendsThe sales of catheter securement products are intrinsically tied to catheter usage, which is influenced by the growing global population and increasing medical procedures. Nearly 90% of hospital inpatients receive intravenous (IV) therapy, driving a rise in catheter insertions and, consequently, in catheter securement product sales.
Market Share Insights (2023)
3M:Market leader with 35% of the peripheral intravenous catheter (PIVC) market, driven by its Tegaderm™ Advanced Securement Dressing.
Innovations like the Tegaderm™ CHG antimicrobial dressing, which offers continuous antimicrobial protection, have solidified 3M’s position, often commanding a premium price.
Becton Dickinson (BD):Dominates the manufactured catheter securement segment with its StatLock® product line, acquired in 2006.
BD excels in securing PICC, chronic central venous catheter (CVC), and midline catheter markets, either as standalone products or as part of catheter kits.
Smith & Nephew:Significant player in the dressings market with products like IV3000® dressings for IV site care and HYPAFIX® tape for PIVC securement.
Features user-friendly options, such as the IV3000® 1-Hand Delivery system, tailored to secure both peripheral and central lines.
Market SegmentationTape and Dressing Market
Manufactured Catheter Securement Device (MCSD) Market
The report provides an in-depth analysis of these segments, including growth drivers, market shares, and competitive dynamics.