A model is derived for the steady state performance of capillary-driven heat pipes on the basis treating fluid flow through miniature- and micro-channels and applied as bulk properties to a large aspect ratio quasi-one-dimensional two-phase system. Surface tension provides the driving force based on an equivalent bulk capillary radius while laminar flow through micro-channels and the vapor core are treated. Heat conduction is accounted for radially while isothermal advection is treated along the axis. A closed-form solution is derived for a steady state heat pipe with a constant heat flux boundary condition on the evaporator as well as a constant heat flux or a convective boundary condition along the condenser. Two solution methods are proposed, and the result is compared to empirical data for a copper-water heat pipe. The components of the closed-form solution are discussed as contributors to driving or frictional forces, and the existence of an optimal pore radius is demonstrated.

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