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Vein Illuminator Market Size, Industry Trends Report | 2031

Vein Illuminator Market

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Segments - by Applications (IV Access, Venipuncture Assistance, Sclerotherapy, and Others), End-users (Blood Camps, Hospitals, Rehabilitation, Parademic Applications, Academic Institutions, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Raksha Sharma

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Vishal Golekar

Report Description

Vein Illuminator Market Outlook 2031

The global vein illuminator market size was at USD 210.06 Million in 2022 and is to reach USD 2.32 Billion by 2031, expanding at a CAGR of 30.6% during, 2023-2031.

Vein illuminator uses near-infrared imaging technology to find veins. This helps to accurately visualize the veins under the skin. The haemoglobin within the blood absorbs the infrared light and create different patterns that can be seen by naked eyes. A vein illuminator supports tracking down the intravenous access during paramedical surgeries and subsequently addresses coincidental needle stick wounds.

Finding vein can be a tedious task due to the specific external morphology of the patient such as greasy tissue, skin tone, and age. To ease such circumstances, numerous devices have been designed to help paramedical work force for discovering the veins progressively and decide the best place to administer the needle.

To produce a digital image through an infrared discovery and light projection innovation, a vein illuminator makes it conceivable to find veins. Moreover, it diminishes pain and uneasiness and creates a minimally obtrusive experience for the patient.

Vein Illuminator Market Trends, Drivers, Restraints, and Opportunities

Rising demand for needle-less procedures is expected to spur the market growth during the forecast period.
According to a report by the National Health Service(NHS) of Scotland, 80% of the occupational needle stick wounds could have been kept away with the use of a vein illuminators. Thus, such awareness is anticipated to stimulate the market expansion.
Obesity makes it difficult to conduct venepuncture-based procedures as muscle to fat ratio makes it hard to recognize the veins. This, in turn, is expected to create challenges for the market growth in the projected timeline.
Increasing healthcare infrastructure investment during COVID-19 and technological advancements can create lucrative opportunities for market players during the forecast period.

Scope of Vein Illuminator Market Report

The report on the global vein illuminator market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Vein Illuminator Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Applications (IV Access, Venipuncture Assistance, Sclerotherapy, Others), and End-users (Blood Camps, Hospitals, Rehabilitation, Parademic Applications, Academic Institution, and Others )
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Venoscope LLC; AAccuVein Inc; Sharn Anesthesia; VueTek Scientific LLC; and Christie Medical Holdings Inc.

Vein Illuminator Market Segment Insights

Applications Segment Analysis

Based on applications, the vein illuminator market is divided into IV access, venipuncture assistance, sclerotherapy, and others. The venipuncture assistance segment is expected to grow at a robust pace during the forecast period owing to increasing hygiene regulations in the medical field. Such rules mandate the use of these products for the insertion of syringes and catheters.

End-users Segment Analysis

On the basis of end-users, the market is segregated into blood camps, hospitals rehabilitation, parademic applications, academic institutions, and others. The blood camps segment is projected to expand at a healthy CAGR during the forecast period. Rising number of blood camps across the globe is driving the segment growth. For instance, American Red Cross society is inviting people worldwide for blood donations.

Regional Outlook

In terms of regions, the global vein illuminator market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to constitute a key share of the market during the projected period. The early adoption of latest technologies and the well-developed hospital infrastructure in countries such as Canada and the US is propelling the regional market growth.

Moreover, expanding adoption of intravenous (IV) treatment and advancements that coordinate into the interaction for the assessment, intervention, planning, and assessment of embedding PIV catheters are some of the key drivers of the market growth in North America.

Europe accounted for a major market share in 2020 owing to recent advancements and increasing uptake of the innovation in countries such as Italy, Germany, and France. Additionally, the presence of a colossal patient population and rising medical services facilitates the provincial market growth in the region. Furthermore, increasing government support and rising research and advancement activities are driving the market development in Europe.

Segments

The global vein illuminator market has been segmented on the basis of

Applications

IV Access
Venipuncture Assistance
Sclerotherapy
Others

End-users

Blood Camps
Hospitals
Rehabilitation
Parademic Applications
Academic Institutions
Others

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Venoscope LLC
AccuVein Inc
Sharn Anesthesia
VueTek Scientific LLC
Christie Medical Holdings Inc.

Competitive Landscape

Key players competing in the global vein illuminator market are Venoscope LLC; AAccuVein Inc; Sharn Anesthesia; VueTek Scientific LLC; Christie Medical Holdings Inc. Some of these key players are investing in technological advancements and expanding their product offerings to enhance their market share.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vein Illuminator Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Vein Illuminator Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Vein Illuminator Market - Supply Chain
  4.5. Global Vein Illuminator Market Forecast
     4.5.1. Vein Illuminator Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Vein Illuminator Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Vein Illuminator Market Absolute $ Opportunity
5. Global Vein Illuminator Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Vein Illuminator Market Size and Volume Forecast by Applications
     5.3.1. IV Access Venipuncture Assistance Sclerotherapy Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Vein Illuminator Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Vein Illuminator Market Size and Volume Forecast by End Users
     6.3.1. Blood Camps Hospitals Rehabilitation Parademic Applications Academic Institutions Others
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Vein Illuminator Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Vein Illuminator Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Vein Illuminator Demand Share Forecast, 2019-2026
8. North America Vein Illuminator Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Vein Illuminator Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Vein Illuminator Market Size and Volume Forecast by Applications
     8.4.1. IV Access Venipuncture Assistance Sclerotherapy Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. North America Vein Illuminator Market Size and Volume Forecast by End Users
     8.7.1. Blood Camps Hospitals Rehabilitation Parademic Applications Academic Institutions Others
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Vein Illuminator Demand Share Forecast, 2019-2026
9. Latin America Vein Illuminator Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Vein Illuminator Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Vein Illuminator Market Size and Volume Forecast by Applications
     9.4.1. IV Access Venipuncture Assistance Sclerotherapy Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Latin America Vein Illuminator Market Size and Volume Forecast by End Users
     9.7.1. Blood Camps Hospitals Rehabilitation Parademic Applications Academic Institutions Others
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Vein Illuminator Demand Share Forecast, 2019-2026
10. Europe Vein Illuminator Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Vein Illuminator Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Vein Illuminator Market Size and Volume Forecast by Applications
     10.4.1. IV Access Venipuncture Assistance Sclerotherapy Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Europe Vein Illuminator Market Size and Volume Forecast by End Users
     10.7.1. Blood Camps Hospitals Rehabilitation Parademic Applications Academic Institutions Others
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Vein Illuminator Demand Share Forecast, 2019-2026
11. Asia Pacific Vein Illuminator Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Vein Illuminator Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Vein Illuminator Market Size and Volume Forecast by Applications
     11.4.1. IV Access Venipuncture Assistance Sclerotherapy Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Asia Pacific Vein Illuminator Market Size and Volume Forecast by End Users
     11.7.1. Blood Camps Hospitals Rehabilitation Parademic Applications Academic Institutions Others
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Vein Illuminator Demand Share Forecast, 2019-2026
12. Middle East & Africa Vein Illuminator Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Vein Illuminator Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Vein Illuminator Market Size and Volume Forecast by Applications
     12.4.1. IV Access Venipuncture Assistance Sclerotherapy Others
  12.5. Basis Point Share (BPS) Analysis by Applications
  12.6. Y-o-Y Growth Projections by Applications
  12.7. Middle East & Africa Vein Illuminator Market Size and Volume Forecast by End Users
     12.7.1. Blood Camps Hospitals Rehabilitation Parademic Applications Academic Institutions Others
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Vein Illuminator Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Vein Illuminator Market: Market Share Analysis
  13.2. Vein Illuminator Distributors and Customers
  13.3. Vein Illuminator Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Venoscope LLC AAccuVein Inc Sharn Anesthesia VueTek Scientific LLC Christie Medical Holdings Inc.

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