PUBLISHER: IMARC | PRODUCT CODE: 1540885
PUBLISHER: IMARC | PRODUCT CODE: 1540885
The global vein illumination devices market size reached US$ 119.5 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,094.7 Million by 2032, exhibiting a growth rate (CAGR) of 27.1% during 2024-2032.
Vein illumination devices are medical instruments used for locating and accessing hard-to-find veins for venipuncture and drawing blood. The devices use near-infrared (NIR), transillumination and ultrasound imaging technologies for generating real-time visual images depicting the location of the veins on the skin surface. The hemoglobin present in the blood absorbs the rays and the rays reflected are detected by the sensors to determine the pattern and location of the veins. These devices are available in tabletop and handheld variants. They are usually portable, convenient to use and can aid in reducing the need for multiple needle sticks and risks for injuries and cuts in elderly and pediatric patients. As a result, these devices are widely used across hospitals, rehabilitation centers, blood donation camps and pathology laboratories.
Significant growth in the medical industry, along with the increasing prevalence of chronic ailments among the masses, is one of the key factors creating a positive outlook for the market. Moreover, the rising geriatric population and the adoption of peripherally inserted central catheter (PICC) procedures in hospitals and other healthcare centers are providing a thrust to the market growth. Vein illumination devices are widely used in sclerotherapy for treating varicose and spider veins. In line with this, the increasing preference for non-invasive procedures among both healthcare providers and patients is also contributing to the market growth. Additionally, various advancements, such as the development of vein pattern locating technology for cannulation and peripheral subcutaneous vein selection, are favoring the market growth. Other factors, including extensive improvements in the healthcare infrastructure, along with the implementation of favorable government policies promoting blood donation and public health, are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global vein illumination devices market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on technology, product type, application and end user.
Transillumination
Near Infrared Illumination
Ultrasound Technologies
Table-top Devices
Hand-held Devices
Intravenous Access
Blood Draw
Venipuncture Assistance
IV Access
Sclerotherapy
Others
Hospitals and Clinics
Rehabilitation Facilities
Blood Donation Camps
Academic Institutions
Nursing Homes
Others
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being AccuVein Inc., Aimvein.com, BLZ Technology (Wuhan) Co. Ltd., Christie Medical Holdings Inc. (CAREstream Medical Ltd.), Ibis Medical Equipment & Systems Pvt Ltd, Illumivein, Near Infrared Imaging Inc., Sharn Anesthesia, TransLite LLC, Venoscope LLC and ZD Medical Inc.