Global Market Study on Peripherally Inserted Central
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Peripherally inserted central catheters market poised to account for us 1058 6 mn by the end of 2024

Global Market Study on Peripherally Inserted Central

Catheters: Power Injected Peripherally Inserted Central

Catheters Product Type Segment to Dominate the Market

Through 2024


Peripherally inserted central catheters market poised to account for us 1058 6 mn by the end of 2024

P e r s i s t e n c e M a r k e t R e s e a r c h

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Global Peripherally Inserted Central Catheters Market 2016 - 2024


Peripherally inserted central catheters market poised to account for us 1058 6 mn by the end of 2024

P e r s i s t e n c e M a r k e t R e s e a r c h

Report Media Releases

Global Peripherally Inserted Central Catheters Market Anticipated

to Reach a Market Valuation of US$ 1058.6 Mn by 2024 End;

Hospitals End User Segment Anticipated to Register a CAGR of

6.0% Between 2016 and 2024

Persistence Market Research delivers key insights on the global peripherally inserted central

catheters market in its upcoming report titled “Peripherally Inserted Central Catheters

Market: Global Industry Analysis and Forecast, 2016–2024.” The global peripherally inserted

central catheters market is anticipated to reach a market valuation of US$ 673.9 Mn by the

end of 2016. In terms of revenue, the global peripherally inserted central catheters market is

projected to register a healthy CAGR of 5.8% over the forecast period (2016 – 2024) owing to

various factors, regarding which Persistence Market Research offers vital insights in detail.

Request to View Sample Report @

http://www.persistencemarketresearch.com/samples/12316

Increasing healthcare expenditure, robust reimbursement policies, increasing preference for

peripherally inserted central catheters by healthcare physicians, and increasing number of

diseases requiring the application of peripherally inserted central catheters are some of the

factors likely to boost the growth of the global peripherally inserted central catheters market

over the forecast period. However, factors such as increasing usage of midline catheters, lack

of specialized professionals for catheterization, and high risk of bloodstream infections and

deep vein thrombosis are likely to restrict market growth. Technological advancements in

peripherally inserted central catheters and recent demand based innovations such as the

introduction of anti-microbial peripherally inserted central catheters and anti-thrombogenic

peripherally inserted central catheters will define the future landscape of the global

peripherally inserted central catheters market.

Global peripherally inserted central catheters market is segmented on the basis of Product

(Power Injected Peripherally Inserted Central Catheters, Conventional Peripherally Inserted

Central Catheters); Design (Single Lumen, Double Lumen, Multiple Lumen); End User

(Hospitals, Ambulatory Surgical Centers, Catheterization Laboratories); and Region (North

America, Latin America, Europe, Asia Pacific, and Middle East & Africa).

The Power Injected Peripherally Inserted Central Catheters product type segment dominated

the global peripherally inserted central catheters market in revenue terms, accounting for

82.2% value share in 2015 and is expected to continue to do so throughout the forecast

period. This segment is expected to grow with a healthy CAGR over the forecast period, owing

Global Peripherally Inserted Central Catheters Market 2016 - 2024


Peripherally inserted central catheters market poised to account for us 1058 6 mn by the end of 2024

P e r s i s t e n c e M a r k e t R e s e a r c h

to high adoption rate of newly launched products and better reimbursement policies. The

Multiple Lumen design segment is anticipated to account for 59.7% revenue share of the

global peripherally inserted central catheters market by 2016 end. This segment is expected

to expand at a CAGR of 6.7% over the forecast period due to increase in the number of cancer

patients requiring multiple lumen peripherally inserted central catheters for better

treatment. The Hospitals end user segment accounted for 68.3% value share in 2015 and is

projected to account for 72.0% share by 2024 end.

Among regions, North America dominated the global peripherally inserted central catheters

market in revenue terms in 2015 and is expected to continue to do so throughout the forecast

period. The North America peripherally inserted central catheters market is estimated to

create absolute $ opportunity of US$ 19.8 Mn in 2017 over 2016.

North America and Europe are expected to account for 81.5% and 10.5% share respectively

of the global peripherally inserted central catheters market in terms of value in 2016. Among

emerging markets, Asia Pacific is estimated to exhibit a CAGR of 11.2% over the forecast

period.

Request to view Table of content @ http://www.persistencemarketresearch.com/market-

research/peripherally-inserted-central-catheters-market/toc

The report profiles some of the top companies operating in the global peripherally inserted

central catheters market. Top market companies featured in the report include

AngioDynamics Inc., C. R. Bard Inc., Teleflex Incorporated, B. Braun Melsungen AG, Medtronic

plc, Vygon S.A, Cook Medical Inc., Argon Medical Devices Inc., Medical Component Inc., and

Theragenics Corporation. The report discusses individual strategies of these companies in

terms of increasing focus on overcoming major hindrances through innovation and enhancing

the distribution base. The report concludes with strategic recommendations for players

already present in the market and new players planning to enter the global peripherally

inserted central catheters market.

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Global Peripherally Inserted Central Catheters Market 2016 - 2024


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