Press release
Peripherally Inserted Central Catheters: A Market on the Rise - AngioDynamics, Inc., Bard Inc., Teleflex Incorporated.
The Global Peripherally Inserted Central Catheter Market is expected to grow at a CAGR of 5% during the forecast period (2024-2031).Peripherally Inserted Central Catheter Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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Peripherally Inserted Central Catheter (PICC) - A PICC is a long, thin catheter inserted into a vein in the arm and guided to a central vein near the heart. It is used for long-term intravenous therapy, such as chemotherapy and antibiotics.
List of the Key Players in the Peripherally Inserted Central Catheter Market:
AngioDynamics, Inc., 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.
Industry Development:
On January 9, 2025, a study published in a medical journal presented the results of a randomized controlled trial comparing new catheter materials for peripherally inserted central catheters (PICCs). The trial evaluated hydrophobic and chlorhexidine-coated PICCs against standard polyurethane PICCs. While the findings did not show a significant reduction in device failure rates between the materials, they underscored the ongoing research focused on enhancing the safety and efficacy of PICCs.
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Growth Forecast Projected:
The Global Peripherally Inserted Central Catheter Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Peripherally Inserted Central Catheter Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Peripherally Inserted Central Catheter Market:
By Product Type: Power injected, Conventional.
By Design Type: Single Lumen, Double Lumen, Multiple Lumen.
By End User: Hospitals, Ambulatory Surgical Centers (ASCs), Others.
Regional Analysis for Peripherally Inserted Central Catheter Market:
The regional analysis of the Peripherally Inserted Central Catheter Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Peripherally Inserted Central Catheter market?
➠ Who are the leading manufacturers in the global Peripherally Inserted Central Catheter industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Peripherally Inserted Central Catheter industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Peripherally Inserted Central Catheter market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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