The vein illuminator market is expected to grow at a CAGR of 32.41% between 2016 and 2022. The growth of the market is expected to be driven by the growing aging population, pediatric applications and growing demand for high patient satisfaction level.

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Out of the major end-user industries, market for hospitals is expected to grow at a high CAGR between 2016 and 2022 owing to the demand for technologically advanced medical equipment that can contribute to the increased satisfaction level of patients along with reduced discomfort. Academic institutions are expected to grow at the second-highest CAGR during the forecast period. The increased research and practical application in these institutions drives the demand for vein illuminator devices in this market. However, the prevalence of traditional methods of vein detection as well as the high cost of these devices hinders the adoption of vein illuminators.

The major vendors in the vein illuminator market include AccuVein Inc. (U.S.), Christie Medical Holdings, Inc. (U.S.), TransLite LLC. (U.S.), Venoscope LLC. (U.S.), Sharn Anesthesia (U.S.), VueTek Scientific (U.S.), InfraRed Imaging Systems (U.S.), ZD Medical Inc. (U.S.), Cambridge Medical (Asia) Private Limited(Singapore), and Near Infrared Imaging Inc. (U.S.).

The vein illuminator market ecosystem includes major vein illuminator manufacturing companies and start-up companies working on the technology, distributors, and end-user industries that implement these devices.

Key Target Audience

Start-up companies
Venture capitalists
Investment houses
Consulting firms
End-user industry players
Infrared and ultrasound technology providers
Sensors, transmitter, receiver, camera, and projector suppliers and manufacturers

Scope of the Report:

The research report segments the vein illuminator market into the following submarkets:

By Technology:

Near Infrared Illumination (NIR)
Transillumination
Ultrasound

By Application:

IV Access
Blood Draw
Other Applications

By End-User Industry:

Hospitals
Rehabilitation Centers
Blood Donation Camps
Academic Institutions
Others

By Geography:

North America
Europe
Asia-Pacific
RoW

Available customizations:

Vein illuminator market: By technology; by application; by end-user industries
Vein illuminator market: By technology, by application, by region
Vein illuminator market: By technology; by end–user industries

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