Zion Market Research, the market research group announced the analysis report titled ‘Vein Illuminator Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024‘
Global Vein Illuminator Market: Overview
For the purpose of venipuncture, the healthcare professionals have to locate the superficial vein, this is done with the help of vein illuminator which is a device that has the visualizing technology that helps in locating the vein. It is a handheld device which is held above the skin of the patient to locate the veins. The vasculature on the surface of the skin can be displayed using this device thus helping in the puncturing of the vein without much discomfort to the patient. This device is mainly used for the aged people as their skin is very delicate and it becomes difficult to the doctors to locate a vein. The other people that are benefitted from the vein illuminator device are the dark-skinned patients, patients whose veins may not be visible or palpable, agitated patients, obese patients, patients suffering from burn injuries, etc.
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Global Vein Illuminator Market: Segmentation
The global vein illuminator market is segmented into technology, application, end-user industry, and geography. Based on the technology, the market is divided into ultrasound, near infrared illumination (NIR) and transillumination. On the basis of application, the market is categorized into blood draw, IV access, and other applications. The different end user industry where the vein illuminator is used includes hospitals, blood donation camps, rehabilitation centers, academic institutions and others. Region wise the vein illuminator market is diversified into Asia-Pacific, Europe, North America and Rest of the World.
Global Vein Illuminator Market: Growth Factors
The revenue of the vein illuminator market is growing at a significant rate owing to its increased use in the peripherally inserted central catheter (PICC) procedures. The device is also used in the sclerotherapy which is a therapy for the spider veins and varicose veins. The major factor that is driving the vein illuminator market is the growing inclination of nurses and doctors to use technologically advanced devices for the treatments. Another factor that is contributing to the market growth is the growing investments in the healthcare expenditures. The launch of the new products also adds momentum to the growth of the vein illuminator market. The factors that hamper the market growth are the high cost of the devices and the lack of awareness about the vein illumination technology.
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Global Vein Illuminator Market: Regional Analysis
The region that dominates the vein illuminator market is the North American region. This is due to a large number of market players in the region and the increasing awareness among the people to use technologically advanced devices or systems for their treatment or the routine procedures such as inserting the PICC port or the collection of the blood samples. Europe is also expected to have a good market growth in the coming years owing to the increased usage of the advanced devices in the health care industry, for example, the use of the vein illuminators in the blood donation centers and the pathology laboratories.
Global Vein Illuminator Market: Competitive Players
The key market players in the vein illuminator market include AccuVein Inc., TransLite LLC., Sharn Anesthesia, InfraRed Imaging Systems, Cambridge Medical, Christie Medical Holdings, Inc., Venoscope LLC., VueTek Scientific, ZD Medical Inc. and Infrared Imaging Inc.
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Global Vein Illuminator Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
What Report Provides
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies in order to fortify their foothold in the market.
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