The global demand for Peripherally Inserted Central Catheters Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
A peripherally inserted central catheter, abbreviated as PICC, is a thin, intravenous tube used to administer antibiotics, nutrition, medications, and or draw blood by insertion into a vein in the arm, leg, or neck. A PICC generally used as a replacement for long-term IV is more durable and can go farther into the vein. A PICC is usually preferred for kids since it can stay in one place longer and lower the number of needle sticks a child needs for blood draws. When using a PICC for an extended period, flushing the tube regularly with normal saline to prevent clogging and filling it with normal saline when not in use are recommended. PICCs cannot be used for every patient.
Market Dynamics
The need for durable central venous access in children with more prominent peripheral veins and patients with a need for 2-4 weeks of intravenous access, or those with pulmonary disease or dysfunction, is the main impetus for market growth. The medical community, constantly on the lookout for a reliable alternative to short-term central venous catheters with a lower risk of complications, will benefit market growth. The increased use of central venous access for patients, especially the pediatric population in acute care, home care, and skilled nursing care, will boost the market growth. The two significant restraints of the PICC market are the risk of infection and the possibility of a malfunction if not properly secured.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of peripherally inserted central catheters. The growth and trends of peripherally inserted central catheters industry provide a holistic approach to this study.
Market Segmentation
This section of the peripherally inserted central catheters market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
- Power Injected Peripherally Inserted Central Catheters
- Conventional Peripherally Inserted Central Catheters
By Design
- Single Lumen
- Double Lumen
- Multiple Lumen
By End User
- Hospitals
- Ambulatory Surgical Centers
- Catheterization Laboratories
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Peripherally Inserted Central Catheters market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Peripherally Inserted Central Catheters Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the peripherally inserted central catheters market include AngioDynamic, Inc., B. Braun Melsungen AG, Becton, Dickinson and Company, C. R. Bard, Inc., Teleflex Incorporated, Argon Medical Devices, Inc., Boston Scientific Corporation, COOK MEDICAL INC., ICU Medical Inc., Medical Components, Inc., and Medtronic, Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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