Peripherally Inserted Central Catheters Market

Peripherally Inserted Central Catheters Market : Global Industry Analysis 2015 - 2019 and Opportunity Assessment 2020 - 2030

Market Overview

Peripherally inserted central catheters (PICC) are the flexible, soft and thin tube of silicone or polyurethane applicable for intravenous medicinal fluid administrations, blood extraction, chemotherapy and parenteral nutrition.

Peripherally inserted central catheters (PICC) are used for intravenous administration of drugs for several weeks and are available into wide variety specific to the disease’s type and duration of therapy. The global peripherally inserted central catheters (PICC) is expected to grow due to the elevating uses of peripherally inserted central catheters (PICC) in healthcare, favorable reimbursements and various other driving factors.

Coronavirus pandemic has further propelled the growth of global peripherally inserted central catheters (PICC) market due to the advanced and favorable features including high compliance by medical professionals for its safety, efficacy, reliability, easy blood sampling and long dwelling time for central and peripheral venous access in Coronavirus infected patients.

The global peripherally inserted central catheters (PICC) market is driven by its increasing preference and applications into intravenous drugs administration, high healthcare expenditure, technological advancements and progressing R&D of peripherally inserted central catheters (PICC). 

However, the dearth of specialized catheterization professionals, bloodstream infection risk, deep vein thrombosis and stiff competition with midline catheters decelerates the growth of global peripherally inserted central catheters (PICC) market.

Although the overall global peripherally inserted central catheters (PICC) market is anticipated to grow with the technological advancements of peripherally inserted central catheters (PICC), surging demands and the emerging novel technologies including anti-microbial and anti-thrombogenic peripherally inserted central catheters (PICC) are expected to streamline the growth of global peripherally inserted central catheters (PICC) market.

The global peripherally inserted central catheters (PICC) market is poised to grow with the attribution contribution of its increasing applications and high compliance by medical professions for intravenous drug administration, advancing technologies and research.

  By product, power injected peripherally inserted central catheters leads the peripherally inserted central catheters (PICC) due to their advantages in intensive care unit applications including high-flow infusions, high-pressure injection and hemodynamic monitoring during radiological procedures.

By design, triple lumen dominates the global peripherally inserted central catheters (PICC) designs due to its safety, accessibility to run different infusions using only one access site.

By end-user, hospitals lead the global peripherally inserted central catheters (PICC) end-users due to the advanced diagnostic and treatment facilities, equipped with specialized professionals, reimbursement and collaborations with the government.

North America holds the largest global market of peripherally inserted central catheters (PICC), driven by the massive burden of cancer, viral infections and cardiovascular diseases and the high demand of peripherally inserted central catheters (PICC), advanced healthcare and research.

Europe holds the second largest global market of peripherally inserted central catheters (PICC) and is growing at a significant rate, with the large patient pool, advanced healthcare and technologies and high demand of global market of peripherally inserted central catheters (PICC).

Asia-pacific peripherally inserted central catheters (PICC) market is growing at fastest pace with wide applications into long-term chemotherapy for malignancies, increasing cases of cardiovascular diseases, increasing disposable income, progressing R&D and healthcare technologies, governments aid and reimbursements.

Latin America peripherally inserted central catheters (PICC) market is growing moderately with the rising patient pool, geriatric populations, improving healthcare and medical tourism.

MEA &Africa peripherally inserted central catheters (PICC) market is growing gradually with the increasing awareness, evaluation studies and implementations into healthcare practices.

The key players of global peripherally inserted central catheters (PICC) market include AngioDynamics, Medtronic, CR Bard, B. Braun, Becton, Dickinson and Company, Teleflex, Vygon, Argon Medical Devices and Boston Scientific.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Historical Actual Market Size, 2015 - 2019
  • Market Size & Forecast 2020 to 2030
  • Market Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Market Drivers and Restraints

Regional analysis includes

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

Report Highlights:

  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size recent industry trends
  • Key Competition landscape
  • Strategies for key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance

Key Segments

The global peripherally inserted central catheters (PICC) market is segmented into product, design, end-user and regions.

product:

  • Power Injected Peripherally Inserted Central Catheters
  • Conventional Peripherally Inserted Central Catheters

designs:

  • Single Lumen
  • Double Lumen
  • Triple Lumen

end-user:

  • Hospitals
  • Ambulatory Surgical Centers
  • Catheterization Laboratories

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