Peripherally Inserted Central Catheters Market 9.6 CAGR Growth Outlook 2025-2033

Key Insights

The size of the Peripherally Inserted Central Catheters Market was valued at USD 1.78 USD Billion in 2023 and is projected to reach USD 3.38 USD Billion by 2032, with an expected CAGR of 9.6 % during the forecast period. PICC stands for Peripherally Inserted Central Catheters; it is a long thin tube that is directed through the peripheral vein usually of the upper limbs and then navigated to the central veins around the heart. They are intended to remain in use for long-term intravenous therapy for administration of medications, fluids, and nutrition or samples such as blood samples. PICC can be categorized into; single-lumen, dual-lumen, and multi-lumen depending on the specialty of the medical application being required. Single-lumen PICCs are for basic requirements while the dual-lumen or the multi-lumen PICCs allow for two or multiple therapies to be delivered at the same time. Some of the characteristics include they are easily inserted, show fewer infection rates as compared to central lines, and may stay in the body for weeks or even months. Oncology, critical care patients, and any patient requiring long-term intravenous therapy are usually fitted with PICCs. 

Peripherally Inserted Central Catheters Trends

• Increasing prevalence of chronic diseases and cancer
• Growing demand for minimally invasive procedures
• Technological advancements in PICC lines

Driving Forces: What's Propelling the Peripherally Inserted Central Catheters Market

• Aging Demographics and Chronic Disease Prevalence: The global aging population, coupled with a rising incidence of chronic diseases such as cancer, cardiovascular disorders, and diabetes, significantly amplifies the need for reliable and long-term intravenous access. PICC lines are ideally suited for delivering medications, fluids, and nutritional support over extended periods, making them indispensable in managing these complex patient populations.
• Superior Patient Outcomes and Comfort: PICC lines offer distinct advantages over traditional peripheral IVs and central venous catheters inserted via the subclavian or internal jugular veins. Their ability to remain in place for weeks or months, coupled with a lower risk of bloodstream infections and phlebitis, leads to enhanced patient comfort, reduced hospitalization stays, and improved overall treatment efficacy. This focus on patient-centric care is a major market driver.
• Technological Innovations and Product Evolution: Continuous advancements in biomaterials, antimicrobial coatings, and catheter design are enhancing the performance and safety of PICC lines. Innovations include thinner, more flexible materials for increased patient comfort, antimicrobial impregnation to combat infections, and advanced tip-lok technology for secure placement. These improvements make PICC lines more versatile and appealing for a wider range of clinical applications.
• Growing Awareness and Clinical Adoption: Increased educational initiatives and training programs for healthcare professionals are fostering greater understanding and confidence in the use of PICC lines. As clinicians become more adept at insertion and management, the adoption rate across various medical specialties, including oncology, critical care, and long-term home healthcare, continues to climb. Patient advocacy and awareness also play a role in driving demand.
• Expanding Healthcare Access and Infrastructure: The expansion of healthcare infrastructure, particularly in emerging economies, is democratizing access to advanced medical devices like PICC lines. As healthcare systems develop and improve their capabilities, the demand for these essential venous access devices is expected to surge, driven by greater patient reach and improved standards of care.

Challenges and Restraints in the Peripherally Inserted Central Catheters Market

• Risk of infection and other complications
• Requirement for skilled professionals for insertion and maintenance
• Reimbursement issues

Emerging Trends in Peripherally Inserted Central Catheters

• Development of antimicrobial PICC lines
• Introduction of long-term PICC lines
• Integration of telemonitoring systems

Growth Catalysts in Peripherally Inserted Central Catheters Industry

• Government initiatives to improve healthcare
• Increasing investment in R&D
• Growing focus on patient safety

Market Segmentation: Peripherally Inserted Central Catheters Analysis

Product Type:

• Single Lumen
• Double Lumen
• Triple Lumen

Application:

• Therapeutics And Diagnostics

End-User:

• Hospitals & Clinics
• Homecare Setting
• Others

Leading Players in the Peripherally Inserted Central Catheters Market

• BD
• AngioDynamics
• B. Braun SE
• Medtronic
• Argon Medical Devices
• Teleflex Incorporated
• Access Vascular, Inc.
• Smiths Medical
• Cook Medical

Significant Developments in the Peripherally Inserted Central Catheters Sector

• New product launches: BD launched the BD Insyte Autoguard Shielded IV Catheter
• Mergers and acquisitions: Medtronic acquired Intersect ENT

Comprehensive Coverage Peripherally Inserted Central Catheters Market Report

• In-depth Regional Analysis - Detailed examination of market dynamics, growth drivers, and opportunities across key regions including North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
• Market Dynamics (DROCT) Deep Dive - A thorough exploration of the Drivers fueling market expansion, Restraints posing challenges, untapped Opportunities for growth, critical Challenges faced by stakeholders, and potential Threats to market stability.
• Robust Competitive Landscape Analysis - Comprehensive profiling of leading market players, including their market share, strategic initiatives, product portfolios, manufacturing capabilities, key partnerships, and detailed financial performance over historical and projected periods.
• Granular Pricing Analysis - Detailed breakdown of pricing trends and comparisons for various PICC line products, considering factors such as material, lumen configuration, brand, and regional market variations.
• Global Trade Insights: Import and Export Analysis - Detailed analysis of import and export volumes and values for major countries, offering crucial insights into international trade flows, supply chain dynamics, and emerging market trends.
• Detailed Market Segmentation - Analysis of the market segmented by:
  • Product Type: Single lumen, double lumen, and triple lumen catheters.
  • Application: Oncology, critical care, long-term IV therapy, parenteral nutrition, antibiotic therapy, home healthcare, and others.
  • End-User: Hospitals (inpatient and outpatient), clinics, ambulatory surgery centers, home healthcare providers, and long-term care facilities.
• Intellectual Property Landscape: Patent/Trademark Analysis - Examination of patent filings and trademark registrations by key market participants, highlighting innovative technologies, intellectual property strategies, and potential barriers to entry for new competitors.