Global 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 Region, Industry Analysis and Forecast, 2020 - 2026
Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Get in-depth analysis of the COVID-19 impact on the Vein Illuminator Market
Market Report Description
The Global Vein Illuminator Market size is expected to reach $538.3 Million by 2026, rising at a market growth of 31.2% CAGR during the forecast period. Healthcare professionals may identify the superficial vein by using a vein illuminator, which is a tool with imaging technology that helps to locate the vein. It is a handheld device that is held over the skin of the patient to spot the veins. Using this device, the vasculature on the skin surface can be highlighted thus helping the patient to puncture the vein without much discomfort.
Global Vein Illuminator Market Size
This device is mainly used for elderly people because their skin is very sensitive and it is difficult for doctors to find a vein. Other people who benefit from the venous illuminator device are dark-skinned patients, patients whose veins may not be visible or palpable, agitated patients, obese patients, burn-injury patients, etc.
Vein illuminator is mainly used for the geriatric population and also for infants, as their veins cannot be easily located. The use of a vein illuminator decreases the chances of undesired damage or injuries that may occur when the veins are located. A vein illuminator utilizes hemoglobin's infrared absorption along with an arrangement of scanned lasers in order to detect a vein map directly on a patient's skin.
Vein Illuminator Market Share
Increasing demand for painless injection in blood or intravenous access is also expected to drive market development. These devices are particularly beneficial for use in children and adults, as they reduce the risk of multiple needle pinching in infants and elderly patients. Illumination technology eases the work of clinicians by developing a main vein road map.
Increased hygiene regulations in the medical sector are also increasing the need for vein illuminators. These standards require the use of these products for the insertion of catheters and syringes. The Infusion Nurses Society (INS) is one such organization that has approved the use of venous visualization technology. According to a survey by the National Health Service (NHS) of Scotland, 80 percent of occupational needlestick injuries could have been prevented by using a safety device.
Free Valuable Insights: Global Vein Illuminator Market to reach a market size of $538.3 million by 2026
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 Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
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 Vein Illuminator Market Analysis
- Transillumination and
- Blood Donation Camps
- Academic Institutions and
- Other End-uses
- Blood Draw
- Intravenous Access and
- Other Application
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- 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
Unique Offerings from KBV Research
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Vein Illuminator Market Related Reports:
How valuable will the vein illuminator market be in the future?
The vein illuminator market size is projected to reach USD 3.6 billion by 2026.
Who are the leading players in the vein illuminator market?
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.
At what CAGR is the vein illuminator market estimate to grow in the forecast period?
The expected CAGR of the vein illuminator market is 31.2% from 2020 to 2026.
Which segment shows the high growth rate of the vein illuminator market over the forecast period?
During the forecast period, the segment of infrared illumination technology is expected to experience the high growth rate mainly due to its ability to infiltrate deeply located tissues, which allows deep-seated blood vessels to be seen.
Which region shows largest revenue on illuminator market?
North America held the largest share of revenue on the vein illuminator market due largely to increasing demand for technologically advanced medical devices in hospitals and outpatient treatment facilities.