[146 Pages Report] Vein Illuminator Market categorizes global market by Technology (Transillumination, Infrared Technology and Ultrasound), Application, End-Users (Hospitals, Rehabilitation Centers, Blood Donation Camps, Academic Institutions, and Others), & Geography
Vein Illuminator Market by Technology - 2022 | MarketsandMarkets
The vein illuminator market is expected to grow at a CAGR of 32.41% between 2016 and 2022. The growth of the market is expected to be driven by the growing aging population, pediatric applications and growing demand for high patient satisfaction level.
In terms of geography, North America is expected to witness high growth in this market between 2016 and 2022 owing to the demand for highly advanced medical devices in hospitals, the presence of major vein illuminator-manufacturing companies, and increased importance of patient’s satisfaction. Asia-Pacific is expected to follow North America in terms of CAGR. High growth of vein illuminators in the region is attributed to the higher adoption of the technology by countries such as Japan and Australia. The healthcare services in these countries are technologically advanced and on par with those in North America.
Sample pages of the Report :
Vein illuminator devices have a number of applications in end users such as hospitals, rehabilitation centers, academic institutions, blood donation camps, and others. Hospitals are expected to hold the largest share of the vein illuminator market because of the various applications of blood draw and IV access that demand success in the first attempt of pricking to reduce patient discomfort and ensure greater patient satisfaction level. The vein illuminator market for hospitals is expected to grow at the highest CAGR between 2016 and 2022.
The research methodology used to estimate and forecast the vein illuminator market begins with gathering data related to the revenue of existing companies through secondary research. The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the global vein illuminator market from the estimated revenue of existing key players
Report Information :
The major vendors in the vein illuminator market include AccuVein Inc. (U.S.), Christie Medical Holdings, Inc. (U.S.), TransLite LLC. (U.S.), Venoscope LLC. (U.S.), Sharn Anesthesia (U.S.), VueTek Scientific (U.S.), InfraRed Imaging Systems (U.S.), ZD Medical Inc. (U.S.), Cambridge Medical (Asia) Private Limited(Singapore), and Near Infrared Imaging Inc. (U.S.).
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