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What was the valuation of the Peripherally Inserted Central Catheter (PICC) Market in 2026, and what figure is it projected to hit by 2030?
The peripherally inserted central catheter (picc) market has seen consistent expansion over recent years. Its value is projected to climb from $1.07 billion in 2025 to $1.12 billion in 2026, demonstrating a compound annual growth rate (CAGR) of 4.4%. This past growth can be attributed to several factors, including an increase in chronic illnesses necessitating prolonged intravenous therapy, hospitals’ greater adoption of picc lines for administering chemotherapy and antibiotics, the early clinical acceptance of standard single and double lumen kits, the expansion of catheterization laboratory services facilitating vascular access, and the increasing use of piccs in both inpatient and critical care environments.
The peripherally inserted central catheter (picc) market size is projected for consistent expansion over the upcoming years. By 2030, this market is anticipated to reach $1.32 billion, achieving a compound annual growth rate (CAGR) of 4.3%. This anticipated growth is driven by several factors, including the escalating demand for power-injectable and multi-lumen picc systems, the increased adoption of tip-placement kits to enhance procedural precision, a rise in procedure volumes within ambulatory surgical centers, the broadening use of piccs in home infusion and outpatient settings, and a heightened emphasis on minimizing complications and optimizing long-term vascular access results. Key trends during this period are expected to encompass the growing acceptance of power-injectable picc lines for sophisticated diagnostic and therapeutic interventions, the expanded deployment of multi-lumen piccs in intricate long-term intravenous therapy, a developing preference for tip-placement and navigation-assisted picc insertion kits, the broader application of piccs in oncology nutrition support and the management of chronic infections, and the increasing implementation of picc lines throughout hospitals, ambulatory surgical centers (ASCs), and catheterization laboratories.
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Which Drivers Are Affecting Market Participation In The Peripherally Inserted Central Catheter (PICC) Market?
The increasing incidence of long-term health conditions is anticipated to fuel expansion in the peripherally inserted central catheter market in the foreseeable future. These conditions are defined as enduring health issues that persist over time and typically advance gradually, encompassing ailments 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, offering prolonged intravenous access for administering medications, fluids, parenteral nutrition, and for blood sampling. For example, data from January 2023, sourced from the US-based National Library of Medicine, indicates a projected increase of 99.5% in the number of people aged 50 years and older suffering from at least one chronic ailment, reaching 142.66 million by 2050, an increase from 71.522 million in 2022 in the United States. Consequently, the rising occurrence of chronic illnesses is propelling the expansion of the peripherally inserted central catheter (PICC) market.
What Segment Categories Are Covered 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
Which Trends Are Guiding The Evolution Of The Peripherally Inserted Central Catheter (PICC) Market?
Leading companies within the peripherally inserted central catheter (PICC) market are focusing on innovative technologies, such as peripherally inserted central catheter insertion devices, to better serve their clientele with advanced functionalities. These peripherally inserted central catheter insertion devices are specialized medical instruments designed specifically for the accurate placement of peripherally inserted central catheters (PICCs) by inserting them into a peripheral vein, typically located in the arm, and carefully guiding them through the vascular system until their tip reaches a larger vein situated near the heart. For example, in May 2023, Teleflex Incorporated, a US-based medical device company, unveiled two new peripherally inserted central catheter insertion devices: the Arrow VPS Rhythm DLX Device and the NaviCurve Stylet. The VPS Rhythm DLX Device utilizes cardiac electrical activity to provide real-time information regarding the catheter tip’s position. This device also incorporates an optional integrated ultrasonography feature with a catheter-to-vessel ratio tool, which helps ensure consistency in vessel measurements. This tool, when used in conjunction with the Arrow PICC packaged with the NaviCurve Stylet, offers cutting-edge tip navigation or location technology. The VPS Rhythm DLX Device, featuring TipTracker Technology, removes the requirement for a confirmatory x-ray, thereby allowing the physician to achieve smooth insertion through ultrasound vascular evaluation, peripherally inserted central catheter navigation, and definitive tip verification in the inferior third of the superior vena cava.
Which Leading Companies Dominate The Peripherally Inserted Central Catheter (PICC) Market Share?
Major companies operating in the peripherally inserted central catheter (picc) market are Cardinal Health Inc., Medtronic plc, Becton Dickinson 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, Haolang Technology (Foshan) Limited Co. Ltd
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Which Region Is Anticipated To See The Fastest Growth In The Peripherally Inserted Central Catheter (PICC) Market?
North America was the largest region in the peripherally inserted central catheter (PICC) market in 2025. 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, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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