LAMEA Vein Illuminator Market By Technology (Infrared, Transillumination and Ultrasound) By End Use (Hospitals, Blood Donation Camps, Academic Institutions and Other End-uses) By Application (Blood Draw, Intravenous Access and Other Application) By Country, Industry Analysis and Forecast, 2020 - 2026
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The Latin America, Middle East and Africa Vein Illuminator Market would witness market growth of 32.4% CAGR during the forecast period (2020-2026). Intravenous access may be required for different reasons and in multiple environments like hospitals, outpatient care facilities, homes, hospital schools, and outpatient surgery facilities. Similarly, peripheral IV catheter therapy is gaining prominence among both doctors and patients. The benefits of improved success in obtaining peripheral IV access, decreased usage of central lines and improved cost savings have been recognized by hospitals. These factors commutatively define the growing popularity of vein illuminators and their increasing market size.
Increasing implementation of intravenous (IV) therapy and technological advancements that integrate into the process of assessing, planning, intervening, and evaluating the insertion of PIV catheters are also key drivers of market growth. At the same time, substantial investments in healthcare to promote research and development programs are promoting the market growth.
Ultrasound uses soundwaves to aid the technician in the imaging of venous structures and surrounding tissues on a screen. The sensor emits a quick pulse of sound through the body, and the pulse reflection is sensed to map the deeper structures. A new version of the ultrasound that measures blood flow is called Doppler Ultrasound since it can detect blood flow from an object's reflected wave frequency change. Ultrasound is often used for deeper veins 6 mm or more of the skin during vein entry. Examples include the Peripherally Inserted Central Catheters (PICC) and Peripheral IV Access Guided Ultrasound (USGPIV) lines.
Based on Technology, the market is segmented into Infrared, Transillumination and Ultrasound. Based on End Use, the market is segmented into Hospitals, Blood Donation Camps, Academic Institutions and Other End-uses. Based on Application, the market is segmented into Blood Draw, Intravenous Access and Other Application. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AccuVein, Inc., Christie Medical Holdings, Inc. (Canadian Hospital Specialties Ltd.), TransLite, LLC, VueTek Scientific, LLC, ZD Medical, Inc., BK Medical Holding Company, Inc., Near Infrared Imaging, Inc., Sharn Anesthesia, Inc., Venoscope, LLC, and Cambridge Medical Group.
Scope of the LAMEA Vein Illuminator Market Analysis
- Transillumination and
- Blood Donation Camps
- Academic Institutions and
- Other End-uses
- Blood Draw
- Intravenous Access and
- Other Application
- Saudi Arabia
- South Africa
- Rest of LAMEA
- AccuVein, Inc.
- Christie Medical Holdings, Inc. (Canadian Hospital Specialties Ltd.)
- TransLite, LLC
- VueTek Scientific, LLC
- ZD Medical, Inc.
- BK Medical Holding Company, Inc.
- Near Infrared Imaging, Inc.
- Sharn Anesthesia, Inc.
- Venoscope, LLC
- Cambridge Medical Group
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