Peripherally Inserted Central Catheter (PICC) Market Intelligence Report Covers Trends, Segments And Regional Growth

The peripherally inserted central catheter (PICC) market is positioned for steady expansion over the coming years, driven by technological advancements and increasing clinical demand. As healthcare settings evolve and the need for safer, more effective vascular access grows, this sector is expected to witness consistent progress through 2030. Let's explore the market's growth potential, key players, emerging trends, and segmentation details to understand where this important medical device industry is heading.

Projected Market Growth for Peripherally Inserted Central Catheters Through 2030
The PICC market is anticipated to reach a valuation of $1.32 billion by 2030, showing a stable compound annual growth rate (CAGR) of 4.3%. This forecasted rise is fueled by greater demand for advanced features such as power-injectable and multi-lumen PICC systems. Additionally, the increased use of tip-placement kits is enhancing procedural accuracy, while growing procedure volumes in ambulatory surgical centers contribute to market growth. The wider use of PICCs in home infusion and outpatient therapies, along with efforts to reduce complications and improve long-term vascular access outcomes, further support this upward trajectory. Key trends driving this market include expanding adoption of power-injectable PICC lines for sophisticated diagnostic and therapeutic uses, broader utilization of multi-lumen PICCs for complex intravenous therapies, and a preference toward navigation-assisted tip-placement kits. The application of PICCs is also widening in fields such as oncology nutrition support and chronic infection management, with growing deployment across hospitals, ambulatory surgical centers, and catheterization labs.

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Leading Companies Powering the Peripherally Inserted Central Catheter Market
A number of prominent firms currently dominate the PICC market, including Cardinal Health Inc., Medtronic plc, Becton dic*kinson and Company, 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, and Haolang Technology (Foshan) Limited Co. Ltd.

Strategic Collaboration to Expand PICC Adoption
In September 2024, Access Vascular, Inc., a US-based medical technology company specializing in hydrophilic biomaterial catheters, formed a strategic alliance with Capstone Health Alliance. Though financial terms were undisclosed, this partnership aims to increase the use of Access Vascular's MIMIX line of midline and PICC catheters throughout Capstone's network, which includes over 300 hospitals, health systems, and physician practices. The collaboration focuses on enhancing vascular access outcomes and lowering catheter-related complications. Capstone Health Alliance serves as a regional group purchasing organization in the United States, supporting healthcare providers through supply chain management and value-based purchasing strategies.

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Innovative Technologies Shaping the PICC Market
Companies in the PICC sector are investing in innovative technologies, especially insertion devices designed to improve catheter placement procedures. These devices facilitate the placement of PICCs by inserting the catheter into a peripheral vein, usually in the arm, and guiding it to a larger vein near the heart. For example, in May 2023, Teleflex Incorporated introduced two new PICC insertion tools: the Arrow VPS Rhythm DLX Device and the NaviCurve Stylet. The VPS Rhythm DLX Device provides real-time catheter tip positioning by utilizing cardiac electrical activity. It also offers an optional integrated ultrasound feature with a catheter-to-vessel ratio tool to ensure consistent vessel measurement. When combined with the Arrow PICC and NaviCurve Stylet, these tools deliver advanced navigation technology. This system, featuring TipTracker Technology, eliminates the need for confirmatory x-rays, enabling physicians to perform smooth catheter insertions guided by ultrasound vascular assessment, PICC navigation, and final tip confirmation in the lower third of the superior vena cava.

How the Peripherally Inserted Central Catheter Market Is Structured
This report classifies the PICC market into several key segments:

1) Device Type: Power-Injectable and Non-Power Injectable
2) Lumen Type: Single, Double, and Triple Lumen
3) Kit Type: Tip-Placement Kits and Conventional Kits
4) End User: Hospitals and Clinics, Ambulatory Surgical Centers, and Catheterization Laboratories

Further sub-segmentation includes:
- Single, Double, and Triple Lumen Power-Injectable PICCs
- Single, Double, and Triple Lumen Non-Power Injectable PICCs

These classifications help provide a detailed understanding of market dynamics based on device functionality, complexity, procedural kits, and care settings.

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