Peripherally Inserted Central Catheters Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Peripherally Inserted Central Catheters Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Pharmaceutical

Report Description

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Peripherally inserted central catheters, also known as PICC, is a soft, flexible, thin tube for an intravenous line. Intravenous medicines can be given though a peripherally inserted central catheters. Blood can be withdrawn from a peripherally inserted central catheters for laboratory tests. Peripherally inserted central catheters is more convenient compared to the several needle sticks that have been necessary for withdrawing blood and giving treatments. Peripherally inserted central catheters can also replace blood vessels and veins from the irritating effects of intravenous medicines. PICC is used in nursing facilities, hospital settings, or home care settings, and can remain in place for weeks or months. The symptoms for peripherally inserted central catheterss include blood sample withdrawal, parenteral nutrition, chemotherapy, and many more.

Factors such as rise in reimbursement policies, increase in health care expenditure globally, surge in inclination of surgeons toward peripherally inserted central catheterss, and rise in number of disorders needing applications of these catheterss are likely to drive demand during the forecast period. However, rise in preference for midline catheterss, increase in prevalence of deep vein thrombosis, and high risk of bloodstream infections, and shortage of specialized professionals for cathetersization are likely to restrain the market. Recent technological advancements and demand based innovations in peripherally inserted central catheterss such as presentation of anti-thrombogenic peripherally inserted central catheterss and anti-microbial peripherally inserted central catheterss will describe the future scope of the global peripherally inserted central catheterss market.

The global market of anal carcinoma treatment can be segmented based on product type, design, end-user, and region. In terms of product type, the market can be categorized into power injected and conventional. Based on design, the global peripherally inserted central catheters market can be classified into single lumen, double lumen, and multiple lumen. Based on end-user, the market can be divided into hospitals, ambulatory surgical centers, and cathetersization laboratories.

The global peripherally inserted central catheters market can be segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Further North America peripherally inserted central catheters market is segmented in to U.S., and Canada. Europe peripherally inserted central catheters market is segmented into U.K., Germany, France, Italy, Spain, and Rest of Europe. Asia pacific peripherally inserted central catheters market is further segmented into Japan, India, China, Australia & New Zealand, and Rest of Asia Pacific. Latin America peripherally inserted central catheters market is segmented into Mexico, Brazil, and Rest of Latin America. Where Middle East and Africa peripherally inserted central catheters market is segmented into Saudi Arabia, South Africa, Israel, and Rest of Middle East and Africa. North America dominated the global peripherally inserted central catheters market due to rise in geriatric population and increase in demand for rapid diagnosis and better treatment. Presently, the U.S. is the major peripherally inserted central catheters market in the region. The peripherally inserted central catheters market in North America is expected to grow at a rapid pace in the next few years. Europe is the second largest peripherally inserted central catheters market after North America.

Major players operating in the global peripherally inserted central catheterss market are AngioDynamics, Inc., C. R. Bard Inc., Teleflex Incorporated, B. Braun Melsungen AG, Medtronic plc, Vygon S.A, Cook Medical, Inc., Becton, Dickinson and Company, Boston Scientific Corporation, Argon Medical Devices, Inc., Medical Component Inc., and Theragenics Corporation.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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