Summary:
A peripherally inserted central catheter or PICC is a thin, long tube that's inserted via a vein in the arm and passed in through to larger veins that reside near the heart. Also known as PICC line, they are usually placed in the arm and, in rare cases, in the leg. The purpose of a peripherally inserted central catheter is to deliver liquid nutrition or medication to the central veins near the heart. A PICC line gives the doctor access to the large veins near the heart. The benefit of using PICC is that it helps in avoiding the pain of needle sticks and also reduce irritation of smaller veins. Other than PICC lines, there are other types of central venous catheters like central lines and implantable ports. Peripherally inserted central catheters are commonly used for cancer treatment, liquid nutrition delivery (total parenteral nutrition), infection treatment (antifungal medicines & antibiotics delivery), and other medications.
Industry Insights
Due to the COVID-19 pandemic, the global PICC Vascular Access market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe PICC Vascular Access market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe PICC Vascular Access landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Single Lumen accounting for % of the PICC Vascular Access global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Hospitals segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.
The global major manufacturers of PICC Vascular Access include Teleflex, Becton, Dickinson and Company, Vygon, Cook Medical, Boston Scientific, Argon Medical Devices, AngioDynamics, B. Braun and Medtronic, etc. In terms of revenue, the global 3 largest players have a % market share of PICC Vascular Access in 2021.
This report focuses on PICC Vascular Access volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall PICC Vascular Access market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Post-covid-19 Outlook
The readers in the section will understand how the PICC Vascular Access market scenario changed across the globe during the pandemic and post-pandemic. The study is done keeping in view the changes in aspects such as sales, demand and supply chain. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.
Segmental Outlook
Key segments including type and application have been elaborated in this report. The consultants at QY Research have studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows sales and revenue data by type, and application during the historical period (2017-2022) and forecast period (2023-2028).
Segment by Type
Single Lumen
Double Lumen
Multiple Lumen
Segment by Application
Hospitals
Ambulatory Surgical Centers
Catheterization Laboratories
Others
Regional Outlook
This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2017-2028. This information derived through comprehensive research will help the reader to get familiar with the potential value of the investment in a particular region.
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE
Competitive Scenario
In this section, the readers will gain an understanding of the key players competing. The experts at QY Research have studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2017-2022. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
Teleflex
Becton, Dickinson and Company
Vygon
Cook Medical
Boston Scientific
Argon Medical Devices
AngioDynamics
B. Braun
Medtronic
Medical Component
Theragenics Corporation
Frequently Asked Questions
Which product segment grabbed the largest share in the PICC Vascular Access market?
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Which are the key factors aiding the PICC Vascular Access market growth?
Which are the prominent players in the PICC Vascular Access market?
Which region holds the maximum share in the PICC Vascular Access market?
What will be the CAGR of the PICC Vascular Access market during the forecast period?
Which application segment emerged as the leading segment in the PICC Vascular Access market?
What key trends are likely to emerge in the PICC Vascular Access market in the coming years?
What will be the PICC Vascular Access market size by 2028?
Which company held the largest share in the PICC Vascular Access market?
Summary:
Get latest Market Research Reports on PICC Vascular Access. Industry analysis & Market Report on PICC Vascular Access is a syndicated market report, published as Global PICC Vascular Access Market Research Report 2022. It is complete Research Study and Industry Analysis of PICC Vascular Access market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.