Peripherally Inserted Central Catheter (Picc) Market Outlook 2025-2034: Market Share, and Growth Analysis

The Peripherally Inserted Central Catheter (Picc) Market is valued at USD 1.3 billion in 2025 and is projected to grow at a CAGR of 6.2% to reach USD 2.2 billion by 2034.

Peripherally Inserted Central Catheter (PICC) Market Overview

The Peripherally Inserted Central Catheter (PICC) market is experiencing significant growth, driven by its increasing use in healthcare settings for long-term intravenous therapy. PICCs are used for administering medications, fluids, and nutrients to patients who need extended treatments, such as chemotherapy, antibiotic therapy, or parenteral nutrition. These catheters are inserted into peripheral veins and advanced to the central veins, offering an efficient and safer alternative to traditional central venous catheters. The growing prevalence of chronic diseases, such as cancer, diabetes, and kidney disorders, has contributed to the rising demand for long-term vascular access solutions like PICCs. The ability to provide patients with long-term access to the bloodstream without frequent need for re-insertion is one of the primary benefits of PICCs. The development of advanced materials and techniques has improved the safety, ease of insertion, and longevity of PICCs, making them a popular choice for hospitals, outpatient clinics, and home healthcare providers. As healthcare continues to evolve towards minimally invasive, cost-effective solutions, the PICC market is expected to expand further, offering better outcomes for patients and healthcare providers alike.

The PICC market has seen several advancements, particularly in the development of new, more biocompatible catheter materials that reduce the risk of infection and improve patient comfort. Manufacturers have been working on enhancing the design of PICCs to reduce complications such as catheter occlusions, thrombosis, and infections, which have traditionally been common issues associated with long-term vascular access. Additionally, there is increasing use of ultrasound guidance for PICC insertion, improving accuracy, reducing insertion-related complications, and making the procedure less invasive. The trend toward home healthcare and outpatient treatment has also contributed to the growth of the PICC market, as more patients receive long-term intravenous therapies outside of the hospital. Innovations in smart PICCs with integrated sensors for real-time monitoring of catheter performance and patient condition are becoming increasingly common. The ongoing focus on improving patient safety and reducing healthcare costs is expected to drive further growth in the PICC market as hospitals and healthcare facilities seek to adopt these more advanced and efficient solutions.

The PICC market is expected to benefit from continued innovations in catheter technology and growing adoption across various healthcare settings. There will likely be a greater emphasis on the development of catheter designs that minimize infection risks and improve ease of use, as well as technologies that enable real-time monitoring of catheter function to further enhance patient outcomes. With advances in materials science, the durability and longevity of PICCs will continue to improve, reducing the need for replacements and enhancing patient comfort. Additionally, the expansion of home healthcare and outpatient services will drive demand for PICCs, as these devices offer a cost-effective solution for providing long-term vascular access in non-hospital settings. As the healthcare sector moves toward more personalized care, the PICC market will see more tailored solutions for individual patients, including those with unique anatomical challenges. Overall, the market is set for sustained growth, driven by technological innovations, an aging population, and the increasing need for chronic disease management and long-term intravenous therapies.

Key Insights: Peripherally Inserted Central Catheter (Picc) Market

• Advancements in Biocompatible and Infection-Resistant Materials: New materials are being developed to reduce infection risk and improve patient comfort during long-term intravenous therapy.
• Increase in Ultrasound-Guided Insertion Techniques: The use of ultrasound guidance is growing to improve the accuracy and safety of PICC placement, reducing complications during insertion.
• Integration of Smart PICCs with Sensors for Monitoring: Real-time monitoring of catheter performance through integrated sensors is becoming more common, providing healthcare providers with instant data on patient condition.
• Expansion of Home Healthcare and Outpatient Services: With the growth of outpatient care and home healthcare, there is rising demand for PICCs as a safe and cost-effective long-term vascular access solution.
• Focus on Minimally Invasive and Cost-Effective Solutions: Healthcare systems are increasingly adopting minimally invasive PICCs due to their efficiency, lower complication rates, and cost-effectiveness compared to traditional methods.
• Rising Prevalence of Chronic Diseases Requiring Long-Term IV Therapy: The growing number of patients with chronic diseases such as cancer, diabetes, and kidney disease is driving the need for long-term vascular access solutions like PICCs.
• Shift Toward Home Healthcare and Outpatient Treatment: The trend toward home healthcare services and outpatient treatments is increasing the demand for PICCs, as they enable patients to receive intravenous therapies outside of hospitals.
• Advancements in Medical Device Technologies: Innovations in catheter materials, design, and real-time monitoring are improving the safety, efficiency, and longevity of PICCs, driving their adoption in clinical practice.
• Increased Focus on Reducing Healthcare Costs: PICCs offer a cost-effective alternative to traditional central venous catheters and frequent re-insertion, making them an attractive option for reducing hospital expenses and patient recovery times.
• Risk of Infection and Complications from Long-Term Use: Despite improvements in catheter technology, the risk of infections and complications such as thrombosis and occlusion remains a key challenge for the widespread adoption of PICCs, requiring ongoing advancements in design and materials.

Peripherally Inserted Central Catheter (Picc) Market Segmentation

By Device Type

• Power-Injectable
• Non-Power Injectable

By Lumen Type

• Single
• Double
• Triple

By Kit Type

• Tip-Placement Kit
• Conventional Kit

By End User

• Hospitals and Clinics
• Ambulatory Surgical Centers
• Catheterization Laboratories

Key Companies Analysed

• Cardinal Health Inc.
• Medtronic plc
• Becton Dickinson and Company
• Boston Scientific Corporation
• B. Braun Medical Ltd
• Teleflex Incorporated
• ICU Medical Inc.
• Cook Medical
• AngioDynamics
• Argon Medical
• PFM Medical Inc.
• Poly Medicure Ltd.
• Kimal Plc
• Utah Medical Products Inc.
• Martech Medical Products
• NeoMedical
• Medical Components Inc
• DeltaMed Solutions Inc.
• Access Vascular Inc.
• Medi-Tech Devices
• Footprint Medical Incorporated
• Biowy Corporation
• Husk Medical B.V.
• Medcomp
• Vygon Ltd
• Haolang Technology (Foshan) Limited Co. Ltd.

Peripherally Inserted Central Catheter (Picc) Market Analytics

The report employs rigorous tools, including Porter’s Five Forces, value chain mapping, and scenario-based modeling, to assess supply-demand dynamics. Cross-sector influences from parent, derived, and substitute markets are evaluated to identify risks and opportunities. Trade and pricing analytics provide an up-to-date view of international flows, including leading exporters, importers, and regional price trends.

Macroeconomic indicators, policy frameworks such as carbon pricing and energy security strategies, and evolving consumer behavior are considered in forecasting scenarios. Recent deal flows, partnerships, and technology innovations are incorporated to assess their impact on future market performance.

Peripherally Inserted Central Catheter (Picc) Market Competitive Intelligence

The competitive landscape is mapped through proprietary frameworks, profiling leading companies with details on business models, product portfolios, financial performance, and strategic initiatives. Key developments such as mergers & acquisitions, technology collaborations, investment inflows, and regional expansions are analyzed for their competitive impact. The report also identifies emerging players and innovative startups contributing to market disruption.

Regional insights highlight the most promising investment destinations, regulatory landscapes, and evolving partnerships across energy and industrial corridors.

Countries Covered

• North America - Peripherally Inserted Central Catheter (Picc) market data and outlook to 2034
  • United States
  • Canada
  • Mexico
  
  
• Europe - Peripherally Inserted Central Catheter (Picc) market data and outlook to 2034
  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • BeNeLux
  • Russia
  • Sweden
  
  
• Asia-Pacific - Peripherally Inserted Central Catheter (Picc) market data and outlook to 2034
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Malaysia
  • Vietnam
  
  
• Middle East and Africa - Peripherally Inserted Central Catheter (Picc) market data and outlook to 2034
  • Saudi Arabia
  • South Africa
  • Iran
  • UAE
  • Egypt
  
  
• South and Central America - Peripherally Inserted Central Catheter (Picc) market data and outlook to 2034
  • Brazil
  • Argentina
  • Chile
  • Peru

Research Methodology

This study combines primary inputs from industry experts across the Peripherally Inserted Central Catheter (Picc) value chain with secondary data from associations, government publications, trade databases, and company disclosures. Proprietary modeling techniques, including data triangulation, statistical correlation, and scenario planning, are applied to deliver reliable market sizing and forecasting.

Key Questions Addressed

• What is the current and forecast market size of the Peripherally Inserted Central Catheter (Picc) industry at global, regional, and country levels?
• Which types, applications, and technologies present the highest growth potential?
• How are supply chains adapting to geopolitical and economic shocks?
• What role do policy frameworks, trade flows, and sustainability targets play in shaping demand?
• Who are the leading players, and how are their strategies evolving in the face of global uncertainty?
• Which regional “hotspots” and customer segments will outpace the market, and what go-to-market and partnership models best support entry and expansion?
• Where are the most investable opportunities - across technology roadmaps, sustainability-linked innovation, and M&A - and what is the best segment to invest over the next 3-5 years?

Your Key Takeaways from the Peripherally Inserted Central Catheter (Picc) Market Report

• Global Peripherally Inserted Central Catheter (Picc) market size and growth projections (CAGR), 2024-2034
• Impact of Russia-Ukraine, Israel-Palestine, and Hamas conflicts on Peripherally Inserted Central Catheter (Picc) trade, costs, and supply chains
• Peripherally Inserted Central Catheter (Picc) market size, share, and outlook across 5 regions and 27 countries, 2023-2034
• Peripherally Inserted Central Catheter (Picc) market size, CAGR, and market share of key products, applications, and end-user verticals, 2023-2034
• Short- and long-term Peripherally Inserted Central Catheter (Picc) market trends, drivers, restraints, and opportunities
• Porter’s Five Forces analysis, technological developments, and Peripherally Inserted Central Catheter (Picc) supply chain analysis
• Peripherally Inserted Central Catheter (Picc) trade analysis, Peripherally Inserted Central Catheter (Picc) market price analysis, and Peripherally Inserted Central Catheter (Picc) supply/demand dynamics
• Profiles of 5 leading companies - overview, key strategies, financials, and products
• Latest Peripherally Inserted Central Catheter (Picc) market news and developments

Additional Support

With the purchase of this report, you will receive:

• An updated PDF report and an MS Excel data workbook containing all market tables and figures for easy analysis.
• 7-day post-sale analyst support for clarifications and in-scope supplementary data, ensuring the deliverable aligns precisely with your requirements.
• Complimentary report update to incorporate the latest available data and the impact of recent market developments.

This product will be delivered within 1-3 business days.