Future of Peripherally Inserted Central Catheter (PICC) Devices Market: Key Dynamics, Size & Share Analysis
The Global Peripherally Inserted Central Catheter (PICC) Devices Market size was valued at around USD 1,022 million in 2024 and is projected to reach USD 1,612 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 7.89% during the forecast period, i.e., 2026-30. Market expansion is prompted by to growing incidence of cancer, such as leukemia and Hodgkin lymphoma. Cancer treatment is practiced with PICC devices because, in this, there is venous access necessary for several hours a day required for the extraction and infusion of nutrients and the administration of drugs like chemotherapy. This creates ease of continuous smooth medication using essential drugs with fewer requirements of needle puncture, hence quickening the demand for PICC devices across the globe.
Top Challenges Impacting the Peripherally Inserted Central Catheter (PICC) Devices Market Growth
Risk & Complications Associated with PICC Lines – PICC lines are used as intravenous access for long-term treatments such as chemotherapy, for administering antibiotics, and parenteral nutrition. The complications associated with these devices include damage to arm veins, blood clots, and infections from needle tips. In a few cases, patients encounter symptoms like fever, slow breathing rate, and changes in heartbeat. The skin around the PICC line becomes red, swollen, or warm to the touch. Additionally, healthcare professionals experience challenges like blocked or broken PICC lines, catheters becoming stuck or elongated, and sometimes making removal difficult. According to the National Library of Medicine, around 25% patients experience problems with PICC lines, such as an inability to properly clean the line, issues with blood clots, discomfort in sleep, and infections from the device's needle. These result in longer hospital stays and sometimes mortality. These complications, along with the potential for further health risks, are hindering the adoption of PICC devices and simultaneously restricting the market’s growth & expansion.
Understanding the Core Segments in the Peripherally Inserted Central Catheter (PICC) Devices Market
Peripherally Inserted Central Catheter (PICC) Devices Market Size, Share & Industry Trends Analysis- By Product Type (Power Injected Peripherally Inserted Central Catheters, Non-Power Injected/ Conventional Peripherally Inserted Central Catheters), By Design (Single Lumen, Double Lumen, Triple Lumen), By End-User (Hospitals, Ambulatory Surgical Centers, Others), and other.
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Geographical Analysis of the Peripherally Inserted Central Catheter (PICC) Devices Market
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Who Dominates the Peripherally Inserted Central Catheter (PICC) Devices Market Insights on Key Industry Players?
Companies are strengthening their presence in the consumer electronics market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.d
- B. Braun Melsungen AG
- Cardinal Health
- BD
- Teleflex Incorporated
- Argon Medical Devices
- Cook Group
- ICU Medical Inc.
- Medical Components Inc.
- Access Vascular Inc.
- Vygon SAS
- Meditech Devices
- Biowy Corporation
- Polymedicure
- Footprint Medical Inc.
- INSUNG MEDICAL Co., Ltd.
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