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Peripherally Inserted Central Catheters Market Share

Report ID: GMI9331
Published Date: May 2024
Report Format: PDF

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Peripherally Inserted Central Catheters Market Share

The peripherally inserted central catheters (PICCs) industry is competitive in nature, as large multinational corporations and smaller firms compete for dominance. Key players continuously innovate to develop novel PICCs that offer enhanced efficiency, comfort, and cost-effectiveness. This focus on innovation drives competitiveness, ensuring that PICC technology remains at the forefront of medical advancements. Manufacturers aim to expand their market share by introducing new materials, formulations, and delivery systems to meet the growing demand for advanced PICCs, ultimately improving patient outcomes and quality of life.

Peripherally Inserted Central Catheters Companies

Some of the eminent market participants operating in the peripherally inserted central catheters industry include:

Access Vascular, Inc.
AngioDynamic, Inc.
Argon Medical
B. Braun Medical Ltd
Becton, Dickinson and Company
Biowy Corporation
Cardinal Health, Inc.
Footprint Medical Incorporated
ICU Medical, Inc.
Kimal Plc
Medi-Tech Devices
Teleflex Incorporated

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Peripherally inserted central catheters (PICC) industry size was worth USD 1.3 billion in 2023 and is projected to expand at 9.6% CAGR from 2024 to 2032, due to the increasing prevalence of infectious diseases and rising incidence of chronic conditions worldwide.

The power injected segment in the Peripherally inserted central catheters (PICC) market accumulated USD 599.2 million in revenue in 2023, owing to their ability to withstand higher injection pressures and their suitability for delivering contrast media or medications at rapid infusion rates.

North America peripherally inserted central catheters (PICC) industry size was USD 447 million in 2023 and is projected to expand at significant rate between 2024 and 2032, on account of the well-developed healthcare infrastructure with advanced hospitals, clinics, and ambulatory surgical centers.

Access Vascular, Inc., AngioDynamic, Inc., Argon Medical, B. Braun Medical Ltd, Becton, Dickinson and Company, Biowy Corporation, Cardinal Health, Inc., Footprint Medical Incorporated, ICU Medical, Inc., Kimal Plc, Medi-Tech Devices, and Teleflex Incorporated