Peripherally Inserted Central Catheters Market Size Share Trends Forecast 2027

1. PERIPHERALLY INSERTED CENTRAL CATHETERS MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved

2. REPORT DESCRIPTION Peripherally Inserted Central Catheters Market - Overview Peripherally inserted central catheters are used to gain intravenous access that can be for a prolonged period of time. A peripherally inserted central catheters is commonly recommended for cancer treatments, liquid nutrition, and infection treatments. Statistics: The global Peripherally Inserted Central Catheters Market is estimated to account for US$ 1,256.1 Mn in terms of value by the end of 2027. Global Peripherally Inserted Central Catheters Market: Drivers Approval and launch of new products is expected to propel growth of the global peripherally inserted central catheters market over the forecast period. For instance, in March 2020, Access Vascular received the U.S. Food and Drug Administration clearance for its second-generation HydroPICC peripherally inserted central catheter. Global Peripherally Inserted Central Catheters Market: Opportunities Increasing preterm birth-rate is expected to offer lucrative growth opportunities for players in the global peripherally inserted central catheters market. For instance, According to March of Dimes 2019 report card, the preterm birth rate in the U.S. reached 10.02% in 2018 from 9.63% in 2015. Browse Research Reports: https://www.coherentmarketinsights.com/market- insight/peripherally-inserted-central-catheters-market-4048 © Coherent market Insights. All Rights Reserved

3. REPORT DESCRIPTION Global Peripherally Inserted Central Catheters Market: Restraints Peripherally inserted central catheters, despite their wide use, can lead to local and systemic complications. One of the most crucial complication is deep vein thrombosis, which can lead to pulmonary embolism. Such scenario is expected to hinder growth of the global peripherally inserted central catheters market. Key Takeaways: The global peripherally inserted central catheters market was valued at US$ 782.1 Mn in 2019 and is forecast to reach a value of US$ 1,256.1 Mn by 2027 at a CAGR of 6.2% between 2020 and 2027. Increasing approval and launch of new products is expected to propel growth of the global peripherally inserted central catheters market over the forecast period. Multiple Lumen segment held dominant position in the global peripherally inserted central catheters market in 2019, accounting for 60.8% share in terms of value, the growth of the segment is attributed to increasing incidence and prevalence of chronic diseases such as cancer in developed and developing economies during the forecasted period. Global Peripherally Inserted Central Catheters Market: Key Developments October 2019: AngioDynamics signed a US$ 66 million deal to acquire Eximo Medical, which includes US$ 46 million upfront plus up to an additional US$ 20 million in technical and sales- based milestones Request a Sample copy of this reports : https://www.coherentmarketinsights.com/insight/request-sample/4048 © Coherent market Insights. All Rights Reserved

4. REPORT DESCRIPTION Market Trends R&D in peripherally inserted central catheters is expected to boost growth of the global peripherally inserted central catheters market. For instance, in October 2019, researchers from Hartford Hospital (Hartford, Conn.) and PICC Excellence reported that implementing standardized set of best practices for inserting peripheral IV catheters results in significant clinical and economic benefits, in the Journal of the Association for Vascular Access. Major players in the global peripherally inserted central catheters market are focused on raising funds to expand their product portfolio. For instance, in September 2019, Access Vascular raised US$ 6 million from new and existing investors for the HyrdoPICC device it developed. Global Peripherally Inserted Central Catheters Market: Competitive Landscape Major players operating in the global peripherally inserted central catheters market include, AngioDynamics, Inc., B. Braun Melsungen AG, Becton, Dickinson and Company, Teleflex Incorporated, Argon Medical Devices, Inc., Boston Scientific Corporation, Cook Medical Inc., ICU Medical Inc. Buy-Now this research report: https://www.coherentmarketinsights.com/insight/buy-now/4048 © Coherent market Insights. All Rights Reserved

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6. ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS  Global Leading Equipment and System Manufacturers  Marketing Consultancies and the Advertising Industry  Component Providers and System Integrators  Private and Government organization  Distributors, Retailors and Value Added Resellers  Outsourcing Companies  Healthcare IT Solutions Developers  Universities and Business Schools. © Coherent market Insights. All Rights Reserved

7. KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

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