Market Overview:
The global neonatal peripherally inserted central venous catheter (PICCs) market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The growth in the market can be attributed to factors such as rising incidence of chronic diseases, increasing number of preterm births, and technological advancements in PICC devices. Based on type, the global neonatal peripherally inserted central venous catheter (PICCs) market is segmented into powered and conventional PICCs. Powered PICCs are further classified into single-lumen and multi-lumen devices. Conventional PICCs are further classified into non-powered and semi-powered devices. Based on application, the global neonatal peripherally inserted central venous catheter (PICCS) market is segmented into hospital settings, specialty clinics, and others including home care settings and long term care facilities. Geographically, the global neonatal peripherally inserted central venous catheter (PICSs)market is segmented into North America,, Latin America,, Europe,, Asia Pacific,,and Middle East & Africa,. North America accounted for the largest share of the global Neonatal Peripherally Inserted Central Venous Catheters Market in 2017 owing to high prevalence rate of chronic diseases such as cancer among adults in this region.
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Product Definition:
A neonatal peripherally inserted central venous catheter (PICC) is a type of long, thin tube that's inserted through a vein in your arm and passed through to the larger veins near your heart. A PICC is used when you need to receive intravenous (IV) fluids or medication for an extended period of time.
Powered:
Powered PICC catheters are used for the infusion of drugs and fluids in neonates. They are also used to monitor blood flow, which is an essential element in determining the appropriate drug dosage. The factors that propel market growth include increasing number of preterm births, rising awareness about these devices among healthcare professionals and their ability to monitor blood flow & pressure as well as its usage in monitoring anesthesia during surgeries performed on infants & children.
Conventional:
Conventional PICC catheters are used in neonatal perinatal patients with complex medical conditions requiring long term therapy. These catheters are also used in adult patients suffering from cardiovascular disorders, chronic renal failure and end-stage renal disease. The conventional PICC is a single lumen tube with attached needle that is inserted into the right atrium of the heart through the femoral vein.
Application Insights:
Based on application, the market is segmented into hospital-based, specialty clinics and others. The hospital-based segment dominated the global market in 2017 owing to factors such as increasing cases of neonatal respiratory diseases and growing awareness about early treatment among both parents. In addition, a rising number of perinatal deaths has also increased demand for NICVCs at hospitals.
The specialty clinics segment is expected to witness lucrative growth over the forecast period due to factors such as an increase in number of premature births and high incidence rate of chronic lung diseases among preterm babies. Moreover, a rise in adoption rates for PICCs by pediatric surgeons due to benefits such as faster recovery time from surgery along with reduced risk of infection will boost revenue generation capacity over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The increasing prevalence of chronic diseases and neonatal disorders is one of the major factors responsible for growth. According to data published by CDC, in 2015 around 3 million infants were born with congenital heart defects (CHD). In addition, according to American College of Medical Genetics (ACMG), CHD accounts for approximately 10% - 20% infant deaths annually in U.S., which is expected to increase due to rise in population aging and obesity.
Growth Factors:
- Increasing incidence of chronic diseases: The increasing incidence of chronic diseases such as cancer, heart disease, and diabetes is expected to drive the demand for neonatal PICCs. This is because these devices are used for the administration of long-term intravenous therapies and other treatments.
- Rising number of premature births: The number of premature births is rising globally, which is expected to increase the demand for neonatal PICCs. These devices offer an effective way to administer intravenous therapies and other treatments to premature infants without having to repeatedly puncture their delicate skin.
- Growing popularity of home care: There has been a growing trend towards home care in recent years, as patients seek more convenient and comfortable treatment options outside hospitals. Neonatal PICCs are well-suited for home care settings as they can be easily accessed through a peripheral vein and do not require frequent monitoring or skilled nursing support like central venous catheters (CVCs).
- Technological advancements: The development of novel technologies such as wireless sensors that can track vital signs remotely has led to an increase in the use of neonatal PICCs in clinical settings worldwide. These devices offer greater flexibility and convenience than traditional CVCs, making them ideal for use in pediatric patients who require long-term IV therapy or other treatments..
Scope Of The Report
Report Attributes
Report Details
Report Title
Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Research Report
By Type
Powered, Conventional
By Application
Hospital, Specialty Clinic, Others
By Companies
Argon Medical, CR Bard,Inc, Teleflex Incorporated, Medical Components, Vygon SA, Cook Medical Inc, AngioDynamics, Cardinal Health, Health Line International Corp
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Report Segments:
The global Neonatal Peripherally Inserted Central Venous Catheter (PICCs) market is segmented on the basis of:
Types
Powered, Conventional
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Specialty Clinic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Argon Medical
- CR Bard,Inc
- Teleflex Incorporated
- Medical Components
- Vygon SA
- Cook Medical Inc
- AngioDynamics
- Cardinal Health
- Health Line International Corp
 Market Overview.svg)
Highlights of The Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Powered
- Conventional
- By Application:
- Hospital
- Specialty Clinic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A neonatal PICC is a catheter that is inserted into a newborn's central venous system (CVS) to allow for easier and faster delivery of medications, blood products, and other treatments.
Some of the key players operating in the neonatal peripherally inserted central venous catheter (piccs) market are Argon Medical, CR Bard,Inc, Teleflex Incorporated, Medical Components, Vygon SA, Cook Medical Inc, AngioDynamics, Cardinal Health, Health Line International Corp.
The neonatal peripherally inserted central venous catheter (piccs) market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size & Forecast, 2018-2028
4.5.1 Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size and Y-o-Y Growth
4.5.2 Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Absolute $ Opportunity
Chapter 5 Global Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size Forecast by Type
5.2.1 Powered
5.2.2 Conventional
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Specialty Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Analysis and Forecast
9.1 Introduction
9.2 North America Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size Forecast by Type
9.6.1 Powered
9.6.2 Conventional
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Specialty Clinic
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Analysis and Forecast
10.1 Introduction
10.2 Europe Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size Forecast by Type
10.6.1 Powered
10.6.2 Conventional
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Specialty Clinic
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size Forecast by Type
11.6.1 Powered
11.6.2 Conventional
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Specialty Clinic
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Analysis and Forecast
12.1 Introduction
12.2 Latin America Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size Forecast by Type
12.6.1 Powered
12.6.2 Conventional
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Specialty Clinic
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size Forecast by Type
13.6.1 Powered
13.6.2 Conventional
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Specialty Clinic
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market: Competitive Dashboard
14.2 Global Neonatal Peripherally Inserted Central Venous Catheter (PICCs) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Argon Medical
14.3.2 CR Bard,Inc
14.3.3 Teleflex Incorporated
14.3.4 Medical Components
14.3.5 Vygon SA
14.3.6 Cook Medical Inc
14.3.7 AngioDynamics
14.3.8 Cardinal Health
14.3.9 Health Line International Corp
