Persistence Market Research delivers key insights on the global peripherally inserted central catheters market in its published report titled “Global Market Study on Peripherally Inserted Central Catheters: Power Injected Peripherally Inserted Central Catheters Product Type Segment to Dominate the Market Through 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.
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Market forecast
The 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 to high adoption rate of newly launched products and better reimbursement policies.