Impact Of Rising Chronic Diseases On The Peripherally Inserted Central Catheter (PICC) Market: The Driving Engine Behind Peripherally Inserted Central Catheter (PICC) Market Evolution in 2025

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts

Peripherally Inserted Central Catheter (PICC) Market Size Growth Forecast: What to Expect by 2025?
The market size for peripherally inserted central catheter (PICC) has experienced sturdy growth in the past years. It is projected to escalate from $1.02 billion in 2024 to $1.08 billion in 2025, representing a compound annual growth rate (CAGR) of 5.8%. The robust growth in the historical period can be credited to factors such as a shift to outpatient care, an aging populace, a decrease in healthcare expenditure, enhanced patient comfort and safety, and the broadening of interventional radiology.

How Will the Peripherally Inserted Central Catheter (PICC) Market Size Evolve and Grow by 2029?
It is anticipated that the market size for the Peripherally Inserted Central Catheter (PICC) will witness consistent growth in the forthcoming years, with expectations to reach $1.29 billion by the year 2029 with a compound annual growth rate (CAGR) of 4.4%. The escalation during the forecast period could be linked to the broadening of interventional radiology practices, a heightened focus on preventing and controlling infections, increasing healthcare spending, and initiatives for patient-centric care. The key trends projected for the forecast period encompass technological progressions, personalized medicine, minimally invasive methodologies, the incorporation of digital health technologies, and the adherence to regulations and standardization.

View the full report here:
https://www.thebusinessresearchcompany.com/report/peripherally-inserted-central-catheter-picc-global-market-report

What Drivers Are Propelling the Growth of Peripherally Inserted Central Catheter (PICC) Market Forward?
The rising occurrence of long-term illnesses is anticipated to boost the expansion of the peripherally inserted central catheter market in the upcoming years. Chronic illnesses are extended health conditions that often progress gradually, including cancer, diabetes, hypertension, stroke, cardiovascular diseases, respiratory illnesses, arthritis, obesity, and dental diseases. Peripherally inserted central catheters (PICCs) are utilized in these chronic circumstances to deliver enduring intravenous access to medications, liquids, parenteral nourishment, and blood draws. For instance, in January 2023, the National Library of Medicine, a US agency, reported that the population aged 50 and over diagnosed with one or more persistent illnesses is expected to grow by 99.5%, hitting 142.66 million by 2050, a significant escalation from 71.522 million in 2020 in the US. Hence, the increasing occurrence of chronic illnesses is fueling the expansion of the peripherally inserted central catheter (PICC) market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13908&type=smp

Which Emerging Trends Are Transforming the Peripherally Inserted Central Catheter (PICC) Market in 2025?
Leading corporations in the PICC market are concentrating their efforts on the advancement of innovative technology, specifically peripherals inserted central catheter insertion devices, to furnish their users with improved features. These insertion devices are specialized medical tools crafted for the purpose of positioning peripherally inserted central catheters (PICCs) by inserting them into a peripheral vein, usually the arm, and directing them through the vascular system until they reach a larger vein near the heart. For example, in May 2023, a US medical apparatus company, Teleflex Incorporated, released two novel PICC insertion devices, namely the Arrow VPS Rhythm DLX Device and the NaviCurve Stylet. The VPS Rhythm DLX Device makes use of cardiac electric signals to provide live updates on catheter tip positioning. Additionally, the device comes with an optional built-in ultrasound feature with a catheter-to-vessel ratio mechanism, promoting accuracy in measuring vessel dimensions. This device, coupled with the Arrow PICC prefilled with the NaviCurve Stylet, presents groundbreaking tip navigation and location technology. The TipTracker Technology of the VPS Rhythm DLX Device eliminates the need for a validation x-ray, enabling the clinician to seamlessly insert the device using ultrasound vascular assessment, peripherally inserted central catheter navigation, and lastly, tip verification located in the lower third of the superior vena cava.

What Are the Key Segments in the Peripherally Inserted Central Catheter (PICC) Market?
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

Subsegments:
1) By Power-Injectable PICCs: Single Lumen Power-Injectable PICCs, Double Lumen Power-Injectable PICCs, Triple Lumen Power-Injectable PICCs
2) By Non-Power Injectable PICCs: Single Lumen Non-Power Injectable PICCs, Double Lumen Non-Power Injectable PICCs, Triple Lumen Non-Power Injectable PICCs

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=13908&type=smp

Who Are the Key Players Shaping the Peripherally Inserted Central Catheter (PICC) Market's Competitive Landscape?
Major companies operating in the peripherally inserted central catheter (PICC) market report are Cardinal Health Inc., Medtronic plc, Becton inson 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.

What Geographic Markets Are Powering Growth in the Peripherally Inserted Central Catheter (PICC) Market?
North America was the largest region in the peripherally inserted central catheter (PICC) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the peripherally inserted central catheter (PICC) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13908

"This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work."

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.