Peripherally Inserted Central Catheter (PICC) Devices Market Size & Insights

According to MarkNtel Advisors study The future of Peripherally Inserted Central Catheter (PICC) Devices Market size was valued at around USD 1,022 million in 2024 and is projected to reach USD 1,612 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.89% during the forecast period, i.e., 2026-30. 

What are the Key Driver in 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 are the Key Segments in the Peripherally Inserted Central Catheter (PICC) Devices Market?

The Peripherally Inserted Central Catheter (PICC) Devices is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

• By Product Type
  • Power Injected Peripherally Inserted Central Catheters- Market Size & Forecast 2020-2030, USD Million
  • Non-Power Injected/ Conventional Peripherally Inserted Central Catheters- Market Size & Forecast 2020-2030, USD Million
• By Design
  • Single Lumen- Market Size & Forecast 2020-2030, USD Million
  • Double Lumen- Market Size & Forecast 2020-2030, USD Million
  • Triple Lumen- Market Size & Forecast 2020-2030, USD Million
• By End-User
  • Hospitals- Market Size & Forecast 2020-2030, USD Million
  • Ambulatory Surgical Centers- Market Size & Forecast 2020-2030, USD Million
  • Others- Market Size & Forecast 2020-2030, USD Million

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How does geographical analysis highlight in the Peripherally Inserted Central Catheter (PICC) Devices market?

·       By Region

• • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

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

·       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.

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Peripherally Inserted Central Catheter (PICC) Devices Market News

2024: Cardinal Health acquired two companies to expand its business portfolio: GI Alliance (GIA), the gastroenterology (GI) management services organization (MSO), and the Advanced Diabetes Supply Group (ADSG), one of the country's leading diabetic medical supplies providers.

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Why This MarkNtel Advisors Research Report:

• In-depth Market Analysis: Understand trends and dynamics shaping growth.
• Segmented Insights: Target specific segments for focused strategies.
• Geographical Performance: Assess market opportunities by geographic area.
• Emerging Technologies: Discover advancements like AI integration.
• Risk Identification: Pinpoint challenges to inform strategic planning.
• Future Forecasts: Prepare for market changes with actionable projections.

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MarkNtel Advisors is a distinguished Industry Research Report Firm and Market Research Company offering comprehensive intelligence across the healthcare sector, covering pharmaceuticals, medical devices, healthcare IT, and biotechnology. Our team delivers high-precision Market Research Reports and Business Analysis at global, regional, and country levels to help organizations understand market access strategies, innovation trends, and regulatory frameworks. Using robust data methodologies and validated Market Forecast models, we provide insights that enhance decision-making and operational agility. Our expertise extends to Customized Market Research Reports that measure therapeutic performance, digital transformation, and patient-centric solutions. Through strategic Consulting Services, MarkNtel Advisors empowers healthcare companies, investors, and policymakers to quantify Revenue Impact, strengthen competitiveness, and accelerate sustainable growth within the dynamic global healthcare landscape.

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