Peripherally Inserted Central Catheter (PICC) Market in United States, United Kingdom– Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)

Peripherally Inserted Central Catheter (PICC) Market – Report Overview

Pacific Business Consulting’s “Peripherally Inserted Central Catheter (PICC) Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Peripherally Inserted Central Catheter (PICC), encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.

The estimated global market size for peripherally inserted central catheters (PICCs) is expected to reach US$ 950 million in 2023. Over the projected period from 2023 to 2030, there is an anticipated nearly 2% compound annual growth rate (CAGR) in the global demand for PICCs, with the revenue expected to reach US$ 1,100 million by 2030. In 2023, the global PICC market constituted approximately 40% of the overall central venous catheter market, valued at US$ 2,500 million.

The increasing use of PICCs for administering intravenous fluids, medications, nutrients, and blood transfusions is expected to drive market growth. These catheters are inserted into a patient’s arm’s blood vessel and passed to larger veins near the heart to facilitate the delivery of medications and other products.

The upward trajectory of peripherally inserted central catheters (PICCs) is attributed to the rising demand for patient-centric solutions. Given that PICC lines are less invasive than standard central venous catheters, patients are increasingly opting for them. A shift towards comfortable and personalized healthcare experiences is a fundamental driving force behind this trend.

The growing geriatric population is another key factor expected to fuel the demand for peripherally inserted central catheters. Older individuals, being more susceptible to chronic conditions like renal diseases and congestive heart failure, often require PICCs. Increased healthcare spending facilitates the entry of new manufacturers into the global PICC market, encouraging competition and innovation, which may result in lower pricing.

The popularity of peripherally inserted central catheters among healthcare providers is due to their reduced risk of infection compared to conventional central venous catheters. PICC catheters play a crucial role in delivering effective and extended IV access, particularly in chemotherapies, parental nutrition, and long-term IV infusions. This creates growth opportunities for PICC manufacturers.

The rise in the patient pool and disposable incomes is expected to create opportunities for the peripherally inserted central catheter market. Additionally, the increasing number of hospitals in emerging economies will contribute to the demand for PICCs.

Key companies operating in this segment include Teleflex Incorporated, Becton Dickinson and Company, AngioDynamics, B. Braun Medical Ltd., Cardinal Health, Inc., ICU Medical, Inc., Kimal Plc., Argon Medical, Access Vascular, Inc., NeoMedical, Cook Medical, and Biowy Corporation.

Scope of Report

The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Peripherally Inserted Central Catheter (PICC) market. It also delves into the analysis of present and prospective market competition within the global Peripherally Inserted Central Catheter (PICC) market.

Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.

Reasons to Buy

• Develop your business strategies by gaining insights into the trends that shape and drive the Peripherally Inserted Central Catheter (PICC) market across the 10MM (Ten Major Markets).
• Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Peripherally Inserted Central Catheter (PICC) market.
• Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
• Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
• Optimize your sales and marketing efforts by pinpointing market categories and segments that offer the greatest opportunities for consolidations, investments, and strategic partnerships.

1. Executive Summary: Peripherally Inserted Central Catheter (PICC)
   • Global Market Outlook: Peripherally Inserted Central Catheter (PICC)
2. Competitive Intelligence Analysis: Peripherally Inserted Central Catheter (PICC)
3. Therapeutic Sector SWOT
4. Technology Roadmap Analysis: Peripherally Inserted Central Catheter (PICC)
5. Market Background
   • Drivers
   • Restraints
   • Opportunity
   • Key Market Trends
   • Key Unmet Needs
6. Key Marketed Products Profile – Major Approved Products: Peripherally Inserted Central Catheter (PICC)
   • Product Profile
   • Safety and Efficacy
7. Regulatory Landscape
8. Peripherally Inserted Central Catheter (PICC): Ten Major Market (10MM) – Market Analysis, By Product
   • Conventional PICC
   • Power Injected PICC
   • Neonatal PICC
9. Peripherally Inserted Central Catheter (PICC): Ten Major Market (10MM) – Market Analysis, By Application
   • Parenteral Nutrition
   • Chemotherapy
   • Long-term IV Infusion
   • Blood Transfusion
   • Difficult Intravenous Access
   • Other Applications
10. Peripherally Inserted Central Catheter (PICC): Ten Major Market (10MM) – Market Analysis, By End User
    • Hospitals
    • Cancer Research Institutes
    • Home Care Settings
    • Ambulatory Surgical Centers
11. Peripherally Inserted Central Catheter (PICC): Ten Major Market (10MM) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

12. S. Peripherally Inserted Central Catheter (PICC) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

13. K. Peripherally Inserted Central Catheter (PICC) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

14. Germany Peripherally Inserted Central Catheter (PICC) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

15. France Peripherally Inserted Central Catheter (PICC) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

16. Italy Peripherally Inserted Central Catheter (PICC) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

17. Spain Peripherally Inserted Central Catheter (PICC) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

18. Japan Peripherally Inserted Central Catheter (PICC) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

19. China Peripherally Inserted Central Catheter (PICC) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

20. Australia Peripherally Inserted Central Catheter (PICC) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

21. India Peripherally Inserted Central Catheter (PICC) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Application
      • By End User

22. Competitive Landscape
    • Company Overview
    • Product Portfolio
    • Key Financials
    • Sales Footprint

Note – All Major Company Profiles (Count up to 20) will be covered in the report

23. Assumptions and Acronyms Used
24. Research Methodology
    • Secondary Research
    • Primary Research
    • Data Triangulation
25. Geographic Scope
    • The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India
26. Copyrights and Disclaimer