Peripherally Inserted Central Catheter Market

SKU: DMMD61 | Last Updated On: Sep 24 2022 | Available Formats

>Peripherally Inserted Central Catheter Market Expected to reach a high CAGR of 5.0% during the forecast period 2022-2029:

Peripherally Inserted Central Catheter Market is segmented By Product Type (Power injected, Conventional), By Design Type (Single Lumen, Double Lumen, Multiple Lumen), By Distribution Channel (Hospitals, Nursing Facilities, Homecare), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

Peripherally Inserted Central Catheter market was estimated at USD XX million in 2029 and is expected to grow at a CAGR of 5% over the forecast period.

  • Primary market drivers include increasing preference for PICC by healthcare physicians. However, the high risk of bloodstream infections, thrombosis, and phlebitis associated with the use of PICC and lack of skilled professionals is a significant market restraint.

  • Peripherally Inserted Central Catheter (PICC) is a thin, soft, flexible tube – an intravenous line that allows delivery of treatments such as IV medication as well as facilitates obtaining blood for laboratory testing.

Peripherally Inserted Central Catheter Market Segmentation

  • The Peripherally Inserted Central Catheter market report segments the market by product type, by design, by end-user, and by region.

  • Based on product type, the market is segmented into Power injected and Conventional PICC. The Power Injected PICC segment dominated the global peripherally inserted central catheters market, accounting for 82% value share in 2017.

  • Based on design type, the market is segmented into three categories, namely Single Lumen, Double Lumen, and Multiple Lumen. Multiple Lumen design segment is anticipated to account for the largest share.

  • Geographically, the market is segmented into five major regions, namely North America, South America, Europe, Asia Pacific, and RoW.

  • North America accounts for the dominant share regarding revenue, followed by Europe. Among emerging markets, Asia Pacific is estimated to exhibit a CAGR of 11% over the forecast period.

  • The report also profiles the following companies in the Peripherally Inserted Central Catheter market – AngioDynamics, Inc., C. R. Bard Inc., Teleflex Incorporated, B. Braun Melsungen AG, Medtronic plc, Vygon S.A, Cook Medical, Inc., Becton, Dickinson and Company, Boston Scientific Corporation, Argon Medical Devices, Inc., Medical Component Inc., and Theragenics Corporation.

Peripherally Inserted Central Catheter Market Scope

Metrics

Details

Market CAGR

5%

Segments Covered

By Product Type, By Design Type, By Distribution Channel, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

Frequently Asked Questions

What is the Projected CAGR value of the Peripherally Inserted Central Catheter Market?

Peripherally Inserted Central Catheter Market is expected to grow at a CAGR of 5% during the forecasting period 2022-2029.

Which region controlled the global market during 2022-2029?

North America region Controls the Peripherally Inserted Central Catheter Market during 2022-2029

Which is the fastest growing region in the Peripherally Inserted Central Catheter Market?

Among all regions, Asia Pacific is the fastest growing market share during the forecast period 

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