The Peripherally Inserted Central Catheter (PICC) Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Peripherally Inserted Central Catheter (PICC) Market?
The market size of the Peripherally Inserted Central Catheter (PICC) has experienced substantial growth recently. It is projected to increase from $1.02 billion in 2024 to $1.08 billion in 2025, with a compound annual growth rate (CAGR) of 5.8%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Peripherally Inserted Central Catheter (PICC) Industry?
The global market for Peripherally Inserted Central Catheter (PICC) is projected to reach $1.29 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 4.4%.
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What are the Key Growth Drivers Fueling the Peripherally Inserted Central Catheter (PICC) Market?
The key drivers in the peripherally inserted central catheter (picc) market are:
• Expansion of interventional radiology practices
• Emphasis on infection prevention and control
• Increase in healthcare expenditure
• Implementation of patient-centered care initiatives
Global Market Segmentation: Identifying Major Peripherally Inserted Central Catheter (PICC) Industry Segments
The peripherally inserted central catheter (PICC) market covered in this report is segmented –
1) By Device Type: Power-Injectable, Non-Power Injectable
2) By Lumen Type: Single, Double, Triple
3) By Kit Type: Tip-Placement Kit, Conventional Kit
4) By End User: Hospitals and Clinics, Ambulatory Surgical Centers, Catheterization Laboratories
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What are the Emerging Trends Shaping the Future of the Peripherally Inserted Central Catheter (PICC) Market?
The key trends in the peripherally inserted central catheter (picc) market are:
• Technological advancements are playing a major role in shaping the PICC market.
• Personalized medicine is emerging as a significant trend in the sector.
• The upsurge in minimally invasive procedures is influencing the future of the market.
• The integration of digital health technologies and focus on regulatory compliance and standardization is noteworthy.
Who Are the Top Competitors & Leading Players in the Peripherally Inserted Central Catheter (PICC) Market?
Major companies in the peripherally inserted central catheter (picc) market are:
• Cardinal Health Inc.
• Medtronic plc
• Becton Dickinson and Company
• Boston Scientific Corporation
• B. Braun Medical Ltd
• Teleflex Incorporated
• ICU Medical Inc.
• Cook Medical
• AngioDynamics
• Argon Medical
• PFM Medical Inc.
• Poly Medicure Ltd.
• Kimal Plc
• Utah Medical Products Inc.
• Martech Medical Products
• NeoMedical
• Medical Components Inc
• DeltaMed Solutions Inc.
• Access Vascular Inc.
• Medi-Tech Devices
• Footprint Medical Incorporated
• Biowy Corporation
• Husk Medical B.V.
• Medcomp
• Vygon Ltd
• Haolang Technology (Foshan) Limited Co. Ltd.
Regional Dominance: Which Area Leads the Global Peripherally Inserted Central Catheter (PICC) Market?
North America was the largest region in the peripherally inserted central catheter (PICC) market in 2024
