Global Peripherally Inserted Central Catheter (PICC) Market
Medical Equipment

Peripherally Inserted Central Catheter (PICC) Market 2025–2029: Strategic Opportunities and Growth Insights

Uncover key drivers, emerging technologies, and competitive movements shaping the peripherally inserted central catheter (picc) market from 2025–2034 with trusted insights from The Business Research Company

What Are The Market Size Estimates For The Peripherally Inserted Central Catheter (PICC) Market Now And By 2029?

The peripherally inserted central catheter (picc) market size has shown significant growth in recent years. It is anticipated to expand from $1.02 billion in 2024 to $1.07 billion in 2025, achieving a compound annual growth rate (CAGR) of 5.0%. This historical expansion can be attributed to a shift towards outpatient care, an aging population, a reduction in healthcare costs, improved patient comfort and safety, and the expansion of interventional radiology.

The peripherally inserted central catheter (PICC) market is projected to experience consistent expansion over the upcoming years. This market is predicted to reach $1.27 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 4.3%. Factors contributing to this growth during the forecast period include the increasing adoption of interventional radiology practices, a heightened emphasis on preventing and controlling infections, escalating healthcare spending, and various patient-centric care initiatives. Key trends anticipated during this period encompass innovations in technology, the rise of personalized medicine, a shift towards minimally invasive procedures, the incorporation of digital health solutions, alongside efforts for regulatory compliance and standardization.

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Which Long-Term Drivers Are Expected To Sustain The Peripherally Inserted Central Catheter (PICC) Market?

The increasing incidence of long-term health issues is anticipated to boost expansion in the peripherally inserted central catheter market over the foreseeable future. These conditions are defined as enduring health ailments that continue for a prolonged duration and typically develop gradually, including conditions like cancer, diabetes, hypertension, stroke, heart disease, respiratory diseases, arthritis, obesity, and oral diseases. Peripherally inserted central catheters (PICCs) find application in chronic illness management, enabling sustained intravenous delivery of medications, fluids, parenteral nutrition, and facilitating blood sampling. As an illustration, data from January 2023, furnished by the National Library of Medicine, a US-based agency, indicates that the population aged 50 and above suffering from at least one chronic ailment is forecast to escalate by 99.5%, reaching 142.66 million by 2050, an increase from 71.522 million recorded in 2020 within the United States. Consequently, the expanding occurrence of chronic illnesses is propelling the development of the peripherally inserted central catheter (PICC) market.

How Is The Peripherally Inserted Central Catheter (PICC) Market Classified By Different 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

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

What Current And Upcoming Trends Are Shaping The Peripherally Inserted Central Catheter (PICC) Market?

Leading firms in the peripherally inserted central catheter (PICC) market are concentrating on inventive technologies, like peripherally inserted central catheter insertion devices, to provide enhanced features to their clientele. These peripherally inserted central catheter insertion devices are specialized medical tools crafted for positioning peripherally inserted central catheters (PICCs), facilitating their insertion into a peripheral vein, commonly in the arm, and directing them through the circulatory system until the tip arrives at a major vein close to the heart. As an illustration, in May 2023, Teleflex Incorporated, a US-based medical device company, introduced two novel peripherally inserted central catheter insertion devices: the Arrow VPS Rhythm DLX Device and the NaviCurve Stylet. The VPS Rhythm DLX Device leverages cardiac electrical activity to furnish live data on catheter tip placement. Furthermore, this device incorporates an optional integrated ultrasonography feature, complete with a catheter-to-vessel ratio tool, promoting uniformity in vessel measurements. When used alongside the Arrow PICC, which includes the NaviCurve Stylet, this instrument delivers innovative tip navigation or localization technology. With its TipTracker Technology, the VPS Rhythm DLX Device eliminates the need for a confirming x-ray, enabling practitioners to perform a seamless insertion through ultrasound vascular assessment, peripherally inserted central catheter navigation, and ultimate tip verification within the bottom third of the superior vena cava.

Who Are The Primary Market Leaders In The 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 Regional Markets Are Emerging As Key Centers For 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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