Neonatal Peripherally Inserted Central Venous Catheter Market Expected to Exceed $255 Million by 2030, MarkWide Research Reports
According to a new report published by MarkWide Research, titled, “Neonatal Peripherally Inserted Central Venous Catheter Market,” the global market for neonatal peripherally inserted central venous catheters (PICCs) is expected to exceed $255 million by 2030, displaying a robust CAGR of 5.6% during the forecast period from 2023 to 2030.
Neonatal PICCs are essential medical devices used for intravenous access in premature and critically ill neonates. The market’s growth is driven by the increasing incidence of preterm births, advancements in neonatal care, and the need for safe and effective vascular access solutions.
Key findings from the report:
- Critical Care: Neonatal PICCs are vital for delivering medications, nutrition, and fluids to critically ill infants.
- Minimally Invasive: PICC placement is a minimally invasive procedure, reducing the risk associated with traditional central venous catheterization.
- Medical Advancements: Neonatal care has evolved with improved technology, leading to better neonatal outcomes and survival rates.
- Market Competitors: Leading players in the neonatal PICC market include Becton, Dickinson and Company, Teleflex Incorporated, and Vygon SA, who continually innovate to meet evolving healthcare demands.
The report predicts substantial growth in the global neonatal PICC market as neonatal care continues to advance, and the demand for safe and effective vascular access solutions rises. MarkWide Research’s comprehensive analysis provides insights into the market’s current landscape and future trends, empowering healthcare professionals and industry stakeholders to make informed decisions and capitalize on opportunities in the neonatal PICC market.
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