Latin America Peripherally Inserted Central Catheter (PICC) Market, By Type (Conventional PICC and Power Injectable PICC), By Product (Single, Double And Triple Lumen PICC) - Forecast To 2021
Venous access is the way by which physicians deliver medicine directly into patient’s bloodstream without repeatedly puncturing his/her blood vessels. There are many ways through which physicians get vascular access- Peripherally Inserted Venous Catheters (PIVC), Peripherally Inserted Central Catheters (PICC), Central Venous Catheters (CVC), port & others.
Use of PICC avoids the risk of an invasive surgical procedure, which is otherwise undertaken for the placement of long term central catheter. PICC avoids the pain and injury involved in repeated punctures that occur in IV Therapy. Besides, the technological advancement makes PICC a safer option, and it’s very comfortable for patients to use PICC in home infusion therapy.
The purpose of this report is to cover the description, definition and forecast of the Latin America Peripherally inserted central catheter (PICC) market. It involves deep dive analysis of market segmentation, which comprises of products and type. The Latin America Peripherally inserted central catheter (PICC) market is expected to reach USD 106.6 million by 2021 from USD 63.9 billion in 2015, at a CAGR of 8.9% from 2016 to 2021. The constant innovation of the material used to make PICC, lower incidence of infection, longer dwelling rate than peripherally inserted venous catheters (PIVCs) and central venous catheters (CVCs) will drive the PICC market in Latin American countries.
By type, the Latin America Peripherally inserted central catheter (PICC) market is divided into Conventional PICC and Power Injectable PICC. The Latin America Conventional Peripherally inserted central catheter (PICC) accounted for the largest share of 76.0% of the Latin America Peripherally inserted central catheter (PICC) market in 2015.
In-depth market share analysis, by revenue, of the top companies is also included in the report. These numbers are arrived at, based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts and key opinion leaders, such as CEOs, directors, and marketing executives.
The major players in this market include C. R. Bard, Inc. (U.S.) and Teleflex Incorporated (U.S.) lead the PICC segment in Latin. Other competitors are B. Braun Melsungen AG (Germany), Covidien (now a part of Medtronic, Inc.) (U.S.), KFF S.A. (Argentina), Smiths Medical (U.S.), Vygon (U.K.), Baxter International Inc. (U.S.) among other vernacular players in the market. These companies have adopted various strategies, such as mergers & acquisitions and partnerships, among others, to achieve growth in the Latin America Peripherally inserted central catheter (PICC) market.
Scope of the Report:
This report categorizes the global market for Latin America Peripherally inserted central catheter (PICC) on the basis of type, application, end-user, and region.
Market Segmentation, by Type:
Based on type, the global Latin America Peripherally inserted central catheter (PICC) market is segmented into dressings, therapy device, and active wound care.
Market Segmentation, by Application:
Application includes surgical wounds, ulcers, pressure ulcers, diabetic foot ulcers, venous ulcers, and others.
Market Segmentation, by End-User:
Based on end-user, the market is segmented into inpatient facilities and outpatient facilities.
Market Segmentation, by Region:
The regional analysis covers North America, Europe, Asia-Pacific, and RoW.
- Government and Research Organizations
- Private Medical Offices
- Emergency Care Units
- Trauma Centers
- Usage pattern (in-depth trend analysis) of products (segment-wise)
- Product matrix, which gives a detailed comparison of product portfolio of each company mapped at the country and subsegment level
- End-user adoption rate analysis of products (segment and country-wise)
- Comprehensive coverage of product approvals, volume data, pipeline products, and product recalls
- Brand/product perception matrix
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