Global Peripherally Inserted Central Catheter (PICC) Market
Medical Equipment

Peripherally Inserted Central Catheter (PICC) Industry Overview 2025: Growth Projections and Market Trends

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What Are The Growth Projections For The Peripherally Inserted Central Catheter (PICC) Market Size During 2025–2029?

The domain of peripherally inserted central catheters (picc) has experienced significant expansion recently, with projections indicating a rise from a valuation of $1.02 billion in 2024 to $1.07 billion the subsequent year, reflecting a consistent five percent compound annual growth rate; this upward trajectory throughout the past period is largely due to several factors including a noticeable transition toward ambulatory treatment settings, the expanding demographic of older adults, efforts to decrease overall medical expenditures, enhancements in patient reassurance and security, alongside the proliferation of interventional radiology procedures.

Projections indicate that the market encompassing peripherally inserted central catheters (PICC) is poised for consistent expansion over the coming years, with its valuation anticipated to reach $1.27 billion by 2029, reflecting a compound annual growth rate (CAGR) of 4.3%; this projected upswing during the forecast timeframe is fueled by factors such as the broadening scope of interventional radiology services, heightened emphasis on averting and managing infections, escalating healthcare spending, and the implementation of care models centered around the patient, whereas key directional shifts expected within this period involve ongoing technological progress, tailored medical treatments, the increasing adoption of non-surgical techniques, the incorporation of modern digital healthcare tools, and adherence to regulatory benchmarks and uniform standards.

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Which Industry Drivers Are Expected To Accelerate The Peripherally Inserted Central Catheter (PICC) Market From 2025 To 2029?

The increasing incidence of long-standing health issues, which are characterized by their protracted and frequently gradual nature, such as various ailments including cancer, diabetes, hypertension, stroke, cardiac conditions, pulmonary disorders, arthritis, excessive weight, and dental problems, is anticipated to fuel the expansion of the market for peripherally inserted central catheters in the near future. These devices, known as PICCs, are utilized in managing these persistent conditions, offering sustained venous access necessary for administering medications, various fluids, intravenous feeding, and collecting blood samples over extended durations. To illustrate the scale of this trend, data from the National Library of Medicine indicated that in the United States, the population aged 50 and above afflicted with at least one chronic condition is forecast to experience a near doubling, specifically a 99.5 percent increase, climbing to 142.66 million individuals by the year 2050, up from 71.522 million recorded in 2020, thus demonstrating how the rising burden of these long-term illnesses is directly stimulating the growth trajectory of the PICC market.

How Is The Peripherally Inserted Central Catheter (PICC) Market Segmented?

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

Which Competitive Trends Are Defining The Peripherally Inserted Central Catheter (PICC) Market Structure?

Key players within the peripherally inserted central catheter (PICC) market are prioritizing the development of pioneering technologies, notably peripherally inserted central catheter insertion devices, aiming to enhance customer service through the provision of sophisticated functionalities. These specialized medical instruments are engineered to facilitate the precise introduction of PICCs into a peripheral vein, usually situated in an arm, subsequently directing the catheter through blood vessels until its terminus resides within a substantial vein proximal to the heart. As an illustration, in May of 2023, Teleflex Incorporated, a medical technology firm based in the United States, introduced two novel insertion tools for PICCs: the Arrow VPS Rhythm DLX Device and the NaviCurve Stylet. Real-time data regarding the catheter’s tip location is furnished by the VPS Rhythm DLX Device through the utilization of cardiac electrical signals. Furthermore, this apparatus incorporates optional integrated ultrasonography, complete with a catheter-to-vessel ratio utility designed to promote uniformity in vessel dimension assessment. When employed alongside the Arrow PICC system integrated with the NaviCurve Stylet, this system introduces an advanced method for steering and pinpointing the catheter tip. The VPS Rhythm DLX Device, equipped with its TipTracker Technology, negates the requirement for a follow-up X-ray, enabling practitioners to proceed seamlessly, relying on ultrasound vascular assessment, PICC pathway guidance, and definitive tip confirmation within the lower section of the superior vena cava.

Which Key Market Players Are Investing In Expansion And Innovation Of Peripherally Inserted Central Catheter (PICC) Market?

Major companies operating in the peripherally inserted central catheter (PICC) market report 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.

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Which Region Shows The Highest Potential For Future Expansion 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.

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