Vein finder is a biomedical device which uses near infrared light to illuminate subcutaneous veins on skin surface. These devices are beneficial in case where health problems create difficulties in correct vein identification particularly in neonates with their extremely small and fragile veins and arteries, elderly patients, overweight patients and for rapid access in emergency situations.
The non-contact type projection system mostly uses active infrared imaging technology. According to different imaging and display system, the devices can be divided into developing laser scanning systems, transmissivity infrared imaging systems and reflective infrared imaging & projection system.
As one of the important auxiliary device to help people find superficial veins for venipuncture and cannulation. Vein finder plays a valuable role in medical treatment. The larger and larger downstream demand drives vein finder industry developing.
USA is the leading countries of the products due to its leading technology .Its sales market share is about 48% with EU and China followed. The potential demand in developing countries such as China and India is huge. With the high demand of experience of patients and the advances in technology, the prospect of vein finder industry is bright.
In the coming years, the demand for vein finder is likely to increase owing to the effective venipuncture procedures. The vein finder will decrease patients’ discomfort and result in higher patient satisfaction.
According to this study, over the next five years the Vein Finder market will register a 22.9% CAGR in terms of revenue, the global market size will reach US$ 210 million by 2024, from US$ 61 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Vein Finder business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Vein Finder market by product type, application, key manufacturers and key regions and countries.
This study considers the Vein Finder value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Display Type
Non-display Type
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Hospitals and Clinics
Blood Center and Research Center
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
AccuVein
Christie
VEINCAS
Novarix
Evena
TransLite
Vuetek
Rencongzhong
ZD Medical
BLZ Technology
Biobase
STIHLER ELECTRONIC
Near Infrared Imaging
de Koningh Medical Products
InSono
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Vein Finder consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Vein Finder market by identifying its various subsegments.
Focuses on the key global Vein Finder manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Vein Finder with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Vein Finder submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Vein Finder . Industry analysis & Market Report on Vein Finder is a syndicated market report, published as Global Vein Finder Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Vein Finder market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.