What Does the Peripherally Inserted Central Catheter (PICC) Devices Market Report Reveal About Industry Growth During 2026-2030?

A new study by MarkNtel Advisors takes a deep look at the Global Peripherally Inserted Central Catheter (PICC) Devices Market, analyzing its growth trends from 2020 to 2030 and forecasting its future trajectory for 2026–2030. The report reveals that the market was valued at around USD 1,022 million in 2024 and is projected to reach approximately USD 1,612 million by 2030, growing at a CAGR of about 7.89% during the forecast period..

This comprehensive study provides data-driven insights into key market drivers, ongoing challenges, and emerging opportunities. It aims to help businesses, investors, and decision-makers understand the market’s direction, assess potential risks, and make strategic, informed decisions for future growth.

Download Your Free PDF Sample– Explore market size, trends, and growth forecast for 2026-2030 and make data-driven decisions today! https://www.marknteladvisors.com/query/request-sample/peripherally-inserted-central-catheter-devices-market.html

What Is Driving the Growth of the Peripherally Inserted Central Catheter (PICC) Devices Market?

Rising Incidences of Chronic Diseases Driving Market Demand – Chronic diseases like tuberculosis, cancer, and renal failure are increasing worldwide, due to the high usage of tobacco, alcohol, etc., all of which are major contributors to the growing cancer cases. These diseases require a long treatment process, due to which doctors specifically consider PICC devices to be inserted into the veins and used to give drugs, medications, and nutrition to the patient during treatment. The doctors often prefer these devices for long-lasting, durable medical treatment on account of being more effective, highly safe, and less invasive solutions, causing less discomfort due to pain and reducing the risk of irritation in comparison to other devices. Thus, rising chronic disorders such as renal failure, tuberculosis, and cancer are collectively driving the demand for PICC devices worldwide. For instance, in 2022, Non-melanoma skin cancers were recorded at 1.23 million, and 704,000 cases were accounted for by other types of cancers globally, as stated by the Global Cancer Observatory.

What Challenges Exist in the Peripherally Inserted Central Catheter (PICC) Devices Market?

Market Challenges – Risks & Complications Associated with PICC Lines

·         PICC lines used for long-term treatments (chemotherapy, antibiotics, nutrition) carry risks such as vein damage, blood clots, and infections.

·         Common patient symptoms include fever, irregular heartbeat, and redness or swelling around the insertion site.

·         Healthcare providers face issues like blocked, broken, or difficult-to-remove catheters.

·         Around 25% of patients experience complications such as infection, clotting, or cleaning difficulties (National Library of Medicine).

·         These complications lead to longer hospital stays, increased mortality, and limited adoption of PICC devices, restraining market growth.

Comprehensive Analysis: Preview detailed market analysis, including segmentation, competitive landscape, and Geographical insights - https://www.marknteladvisors.com/research-library/peripherally-inserted-central-catheter-devices-market.html

How Is the Peripherally Inserted Central Catheter (PICC) Devices Market Segmented?

The market is categorized into multiple segments to offer a comprehensive understanding of its structure and performance.

1.       By Product Type

1.       Power Injected Peripherally Inserted Central Catheters- Market Size & Forecast 2020-2030, USD Million

2.       Non-Power Injected/ Conventional Peripherally Inserted Central Catheters- Market Size & Forecast 2020-2030, USD Million

2.       By Design

1.       Single Lumen- Market Size & Forecast 2020-2030, USD Million

2.       Double Lumen- Market Size & Forecast 2020-2030, USD Million

3.       Triple Lumen- Market Size & Forecast 2020-2030, USD Million

3.       By End-User

1.       Hospitals- Market Size & Forecast 2020-2030, USD Million

2.       Ambulatory Surgical Centers- Market Size & Forecast 2020-2030, USD Million

3.       Others- Market Size & Forecast 2020-2030, USD Million

Which Regions Are Leading the Peripherally Inserted Central Catheter (PICC) Devices Market?

Geographically, the market spans the following regions and countries:

1.       North America

2.       South America

3.       Europe

4.       The Middle East & Africa

5.       Asia-Pacific

Among these, North America holds the largest market share in the Global Peripherally Inserted Central Catheter (PICC) Devices Market, about 47.25%. Factors behind the dominance of this region are the rising prevalence of tuberculosis and cancer in the U.S, technological innovations, increased medical infrastructure, and the presence of key companies of PICC devices

This section highlights regional performance, emerging opportunities, and economic factors shaping market growth in each area.

Who Are the Key Players in the Peripherally Inserted Central Catheter (PICC) Devices Market?

The competitive landscape analysis focuses on major companies shaping the global market through innovation, strategic expansion, and acquisitions.

Leading Companies Include:

B. Braun Melsungen AG, Cardinal Health, BD, Teleflex Incorporated, Argon Medical Devices, Cook Group, ICU Medical Inc., Medical Components Inc., Access Vascular Inc., Vygon SAS, Meditech Devices, Biowy Corporation, Polymedicure, Footprint Medical Inc., INSUNG MEDICAL Co., Ltd., and others.

These players are analyzed based on their market strategies, product portfolios, expansions, and partnerships to help readers understand how competition is evolving.

Why Should You Buy the Peripherally Inserted Central Catheter (PICC) Devices Market Report?

·         Gain comprehensive insights into the industry’s growth drivers, restraints, and opportunities.

·         Access data-backed intelligence on key market trends, emerging technologies, and investment prospects.

·         Identify competitive strategies and business models adopted by leading players.

·         Understand regional variations and their impact on global market performance.

·         Leverage financial and strategic forecasts to make informed business decisions.

Can the Report Be Customized to Meet Specific Business Needs?

Yes. MarkNtel Advisors provides customized research reports tailored to your organization’s specific objectives and data requirements. These custom reports help businesses gain actionable insights, assess market competitiveness, and design effective strategies for sustainable growth.

Discuss Your Custom Requirements with Our Analyst – Refine data, segmentation, or forecasting as needed. - https://www.marknteladvisors.com/query/request-customization/peripherally-inserted-central-catheter-devices-market.html

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