Vein Illuminator Market Research Report - Global Forecast till 2025

Global Vein Illuminator Market Research Report: Information by Technology (Transillumination, Near Infrared Illumination and Ultrasound Technologies), Application (Intravenous Access, Blood Draw and others), End-User (Hospitals, Rehabilitation Facilities, Academic Institutions and others) and Region (Americas, Europe, Asia-Pacific and Middle East & Africa) - Forecast till 2025

ID: MRFR/MED/4280-HCR | February 2021 | Region: Global | 95 pages

Market Scenario


Vein Illuminator Market is expected to register 28.6% CAGR during the forecast period of 2019 to 2025 and held a market value of USD 60.6 Million in 2018.


Vein finder or vein illuminator is a device intended to locate subcutaneous veins using a variety of techniques such as infrared light. Vein illuminators use principles of optical physics such as differential light reflection, refraction, and absorption by tissues to produces a distinct image of the patient’s vein structure. Vein illuminator provides a vivid vein map, which helps increase success rates of invasive treatments, including injections.


The global vein illuminator market is driven by factors such as growing numbers of the elderly and chronic sick population and increasing healthcare expenditure. Additionally, the increasing usage of vein illuminator in healthcare settings is anticipated to fuel market growth. For instance, according to the Office for National Statistics in 2017, approximately 18% and 2.4% of the total population in the UK was aged over 65 years and 85 years, respectively. On the other hand, the availability of traditional methods is projected to hamper the growth of the market during the assessment period.


Moreover, major companies in the market are involved in strategic acquisitions, collaborations, and mergers to sustain their position in the market.


Segmentation


The Global Vein Illuminator Market has been segmented based on technology, application, end-user, and region.


The global vein illuminator market, based on technology, has been segmented into transillumination, near-infrared illumination, and ultrasound technologies. The transillumination segment is expected to hold a major share in the market due to the rising adoption of these types of devices.


The global vein illuminator market, based on application, has been segmented into intravenous access, blood draw, and others.


The global vein illuminator market, based on end-user, has been bifurcated into hospitals, rehabilitation facilities, academic institutions, and others.


The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The vein illuminator market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The European vein illuminator market has been sub-divided into Western Europe and Eastern Europe. Western Europe has further been classified into Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The vein illuminator market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The vein illuminator market in the Middle East & Africa has been divided into the Middle East and Africa.


Key Players


The Key Players operating in the Global Vein Illuminator Market are Near Infrared Imaging Inc, Translite LLC, Accuvein Inc., Sharn Anesthesia, Christie Medical Holdings, Inc., Infrared Imaging Systems, Inc., Vuetek Scientific LLC, Venoscope, LLC, ZD Medical Inc, and Cambridge Medical Group.


Regional Market Summary


Global Vein Illuminator Market Share, by Region, 2018 (%)
 Vein Illuminator Market


Source: World Health Organization (WHO)


The vein illuminator market in the Americas is expected to dominate the vein illuminator market due to the rising geriatric population and the presence of major established players in the region. Moreover, developed healthcare infrastructure in the US is expected to drive the market growth.


The vein illuminator market in Europe showed a considerable amount of growth. This can be attributed to the presence of a well-established healthcare system, an increase in chronic diseases, and the involvement of key companies.


The vein illuminator market in Asia-Pacific is projected to have a steady growth rate during the forecast period owing to the increasing pool of chronic patient population and increasing government initiatives for healthcare reforms.


The vein illuminator market in the Middle East & Africa is projected to account for the least share of the market due to the low per capita disposable income in the region.


Global Vein Illuminator Market, by Technology



  • Transillumination

  • Near-Infrared Illumination

  • Ultrasound Technologies


Global Vein Illuminator Market, by Application



  • Intravenous Access

  • Blood Draw

  • Others


Global Vein Illuminator Market, by End User



  • Hospitals

  • Rehabilitation Facilities

  • Academic Institutions

  • Others


Global Vein Illuminator Market, by Region



  • Americas

    • North America

    • US

    • Canada

    • Latin America





  • Europe

    • Western Europe

      • Germany

      • France

      • Italy

      • Spain

      • UK

      • Rest of Western Europe



    • Eastern Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific





  • Middle East & Africa

    • Middle East

    • Africa




Intended Audience



  • Research and development (R&D) companies

  • Vein illuminator manufacturing companies

  • Government research institutes

  • Academic institutes and universities

  • Venture capitalists



Table of Contents


1. REPORT PROLOGUE


2. MARKET INTRODUCTION


2.1. Definition


2.2. Scope of the Study


2.2.1. Research Objective


2.2.2. Assumptions


2.2.3. Limitations


3. RESEARCH METHODOLOGY


3.1. Overview


3.2. Primary Research


3.3. Secondary Research


3.4. Market Size Estimation


4. MARKET DYNAMICS


4.1. Overview


4.2. Drivers


4.3. Restraints


4.4. Opportunities


5. MARKET FACTOR ANALYSIS


5.1. Porter’s Five Forces Analysis


5.1.1. Bargaining Power of Suppliers


5.1.2. Bargaining Power of Buyers


5.1.3. Threat of New Entrants


5.1.4. Threat of Substitutes


5.1.5. Intensity of Rivalry


5.2. Value Chain Analysis


6. GLOBAL VEIN ILLUMINATOR MARKET, BY TECHNOLOGY


6.1. Overview


6.2. Transillumination


Market Estimates & Forecast, by Region, 2019–2025


Market Estimates & Forecast, by Country, 2019–2025


6.3. Near Infrared Illumination


Market Estimates & Forecast, by Region, 2019–2025


Market Estimates & Forecast, by Country, 2019–2025


6.4. Ultrasound Technologies


Market Estimates & Forecast, by Region, 2019–2025


Market Estimates & Forecast, by Country, 2019–2025


7. GLOBAL VEIN ILLUMINATOR MARKET, BY APPLICATION


7.1. Overview


7.2. Intravenous Access


Market Estimates & Forecast, by Region, 2019–2025


Market Estimates & Forecast, by Country, 2019–2025


7.3. Blood Draw


Market Estimates & Forecast, by Region, 2019–2025


Market Estimates & Forecast, by Country, 2019–2025


7.4. Others


Market Estimates & Forecast, by Region, 2019–2025


Market Estimates & Forecast, by Country, 2019–2025


8. GLOBAL VEIN ILLUMINATOR MARKET, BY END USER


8.1. Overview


8.2. Hospitals


Market Estimates & Forecast, by Region, 2019–2025


Market Estimates & Forecast, by Country, 2019–2025


8.3. Rehabilitation Facilities


Market Estimates & Forecast, by Region, 2019–2025


Market Estimates & Forecast, by Country, 2019–2025


8.4. Academic Institutions


Market Estimates & Forecast, by Region, 2019–2025


Market Estimates & Forecast, by Country, 2019–2025


8.5. Others


Market Estimates & Forecast, by Region, 2019–2025


Market Estimates & Forecast, by Country, 2019–2025


9. GLOBAL VEIN ILLUMINATOR MARKET, BY REGION


9.1. Overview


9.2. Americas


9.2.1. North America


9.2.1.1. US


9.2.1.2. Canada


9.2.2. Latin America


9.3. Europe


9.3.1. Western Europe


9.3.1.1. Germany


9.3.1.2. France


9.3.1.3. Italy


9.3.1.4. Spain


9.3.1.5. UK


9.3.1.6. Rest of Western Europe


9.3.2. Eastern Europe


9.4. Asia-Pacific


9.4.1. Japan


9.4.2. China


9.4.3. India


9.4.4. Australia


9.4.5. South Korea


9.4.6. Rest of Asia-Pacific


9.5. Middle East & Africa


9.5.1. Middle East


9.5.2. Africa


10. COMPANY LANDSCAPE


10.1.1. Overview


10.1.2. Competitive Analysis


11. COMPANY PROFILE


11.1. Near Infrared Imaging Inc.


11.1.1. Overview


11.1.2. Product Overview


11.1.3. Financial Overview


11.1.4. Key Developments


11.1.5. SWOT Analysis


11.1.6. Key Strategies


11.2. Translite LLC


11.2.1. Overview


11.2.2. Product Overview


11.2.3. Financial Overview


11.2.4. Key Developments


11.2.5. SWOT Analysis


11.2.6. Key Strategies


11.3. Accuvein Inc.


11.3.1. Overview


11.3.2. Product Overview


11.3.3. Financial Overview


11.3.4. Key Developments


11.3.5. SWOT Analysis


11.3.6. Key Strategies


11.4. Sharn Anesthesia


11.4.1. Overview


11.4.2. Product Overview


11.4.3. Financial Overview


11.4.4. Key Developments


11.4.5. SWOT Analysis


11.4.6. Key Strategies


11.5. Christie Medical Holdings, Inc


11.5.1. Overview


11.5.2. Product Overview


11.5.3. Financial Overview


11.5.4. Key Developments


11.5.5. SWOT Analysis


11.5.6. Key Strategies


11.6. Infrared Imaging Systems, Inc.


11.6.1. Overview


11.6.2. Product Overview


11.6.3. Financial Overview


11.6.4. Key Developments


11.6.5. SWOT Analysis


11.6.6. Key Strategies


11.7. Vuetek Scientific LLC


11.7.1. Overview


11.7.2. Product Overview


11.7.3. Financial Overview


11.7.4. Key Developments


11.7.5. SWOT Analysis


11.7.6. Key Strategies


11.8. Venoscope, LLC


11.8.1. Overview


11.8.2. Product Overview


11.8.3. Financial Overview


11.8.4. Key Developments


11.8.5. SWOT Analysis


11.8.6. Key Strategies


11.9. ZD Medical Inc.


11.9.1. Overview


11.9.2. Product Overview


11.9.3. Financial Overview


11.9.4. Key Developments


11.9.5. SWOT Analysis


11.9.6. Key Strategies


11.10. Cambridge Medical Group


11.10.1. Overview


11.10.2. Product Overview


11.10.3. Financial Overview


11.10.4. Key Developments


11.10.5. SWOT Analysis


11.10.6. Key Strategies


11.11. Others


12. APPENDIX


12.1. References


12.2. Related Reports




LIST OF TABLES


TABLE 1 GLOBAL VEIN ILLUMINATOR MARKET SYNOPSIS, 2019–2025


TABLE 2 GLOBAL VEIN ILLUMINATOR MARKET ESTIMATES AND FORECAST, 2019–2025 (USD MILLION)


TABLE 3 GLOBAL VEIN ILLUMINATOR MARKET, BY TECHNOLOGY, 2019–2025 (USD MILLION)


TABLE 4 GLOBAL VEIN ILLUMINATOR MARKET, BY APPLICATION, 2019–2025 (USD MILLION)


TABLE 5 GLOBAL VEIN ILLUMINATOR MARKET, BY END USER, 2019–2025 (USD MILLION)


TABLE 6 GLOBAL VEIN ILLUMINATOR MARKET, BY REGION, 2019–2025 (USD MILLION)


TABLE 7 NORTH AMERICA: VEIN ILLUMINATOR MARKET, BY TECHNOLOGY, 2019–2025 (USD MILLION)


TABLE 8 NORTH AMERICA: VEIN ILLUMINATOR MARKET, BY APPLICATION, 2019–2025 (USD MILLION)


TABLE 9 NORTH AMERICA: VEIN ILLUMINATOR MARKET, BY END USER, 2019–2025 (USD MILLION)


TABLE 10 US: VEIN ILLUMINATOR MARKET, BY DRUG CLASS, 2019–2025 (USD MILLION)


TABLE 11 US: VEIN ILLUMINATOR MARKET, BY APPLICATION, 2019–2025 (USD MILLION)


TABLE 12 US: VEIN ILLUMINATOR MARKET, BY END USER, 2019–2025 (USD MILLION)


TABLE 13 CANADA: VEIN ILLUMINATOR MARKET, BY TECHNOLOGY, 2019–2025 (USD MILLION)


TABLE 14 CANADA: VEIN ILLUMINATOR MARKET, BY APPLICATION, 2019–2025 (USD MILLION)


TABLE 15 CANADA: VEIN ILLUMINATOR MARKET, BY END USER, 2019–2025 (USD MILLION)


TABLE 16 LATIN AMERICA: VEIN ILLUMINATOR MARKET, BY DRUG CLASS, 2019–2025 (USD MILLION)


TABLE 17 LATIN AMERICA: VEIN ILLUMINATOR MARKET, BY APPLICATION, 2019–2025 (USD MILLION)


TABLE 18 LATIN AMERICA: VEIN ILLUMINATOR MARKET, BY END USER, 2019–2025 (USD MILLION)


TABLE 19 EUROPE: VEIN ILLUMINATOR MARKET, BY TECHNOLOGY, 2019–2025 (USD MILLION)


TABLE 20 EUROPE: VEIN ILLUMINATOR MARKET, BY APPLICATION, 2019–2025 (USD MILLION)


TABLE 21 EUROPE: VEIN ILLUMINATOR MARKET, BY END USER, 2019–2025 (USD MILLION)


TABLE 22 WESTERN EUROPE: VEIN ILLUMINATOR MARKET, BY TECHNOLOGY, 2019–2025 (USD MILLION)


TABLE 23 WESTERN EUROPE: VEIN ILLUMINATOR MARKET, BY APPLICATION, 2019–2025 (USD MILLION)


TABLE 24 WESTERN EUROPE: VEIN ILLUMINATOR MARKET, BY END USER, 2019–2025 (USD MILLION)


TABLE 25 EASTERN EUROPE: VEIN ILLUMINATOR MARKET, BY TECHNOLOGY, 2019–2025 (USD MILLION)


TABLE 26 EASTERN EUROPE: VEIN ILLUMINATOR MARKET, BY APPLICATION, 2019–2025 (USD MILLION)


TABLE 27 EASTERN EUROPE: VEIN ILLUMINATOR MARKET, BY END USER, 2019–2025 (USD MILLION)


TABLE 28 ASIA-PACIFIC: VEIN ILLUMINATOR MARKET, BY TECHNOLOGY, 2019–2025 (USD MILLION)


TABLE 29 ASIA-PACIFIC: VEIN ILLUMINATOR MARKET, BY APPLICATION, 2019–2025 (USD MILLION)


TABLE 30 ASIA-PACIFIC: VEIN ILLUMINATOR MARKET, BY END USER, 2019–2025 (USD MILLION)


TABLE 31 MIDDLE EAST & AFRICA: VEIN ILLUMINATOR MARKET, BY TECHNOLOGY, 2019–2025 (USD MILLION)


TABLE 32 MIDDLE EAST & AFRICA: VEIN ILLUMINATOR MARKET, BY APPLICATION, 2019–2025 (USD MILLION)


TABLE 33 MIDDLE EAST & AFRICA: VEIN ILLUMINATOR MARKET, BY END USER, 2019–2025 (USD MILLION)




LIST OF FIGURES


FIGURE 1 RESEARCH PROCESS


FIGURE 2 MARKET STRUCTURE FOR GLOBAL VEIN ILLUMINATOR MARKET


FIGURE 3 MARKET DYNAMICS FOR GLOBAL VEIN ILLUMINATOR MARKET


FIGURE 4 GLOBAL VEIN ILLUMINATOR MARKET SHARE, BY TECHNOLOGY, 2018 (%)


FIGURE 5 GLOBAL VEIN ILLUMINATOR MARKET SHARE, BY APPLICATION, 2018 (%)


FIGURE 6 GLOBAL VEIN ILLUMINATOR MARKET SHARE, BY END USER, 2018 (%)


FIGURE 7 GLOBAL VEIN ILLUMINATOR MARKET SHARE, BY REGION, 2018 (%)


FIGURE 8 NORTH AMERICA: VEIN ILLUMINATOR MARKET SHARE, BY COUNTRY, 2018 (%)


FIGURE 9 EUROPE: VEIN ILLUMINATOR MARKET SHARE, BY REGION, 2018 (%)


FIGURE 10 WESTERN EUROPE: VEIN ILLUMINATOR MARKET SHARE, BY COUNTRY, 2018 (%)


FIGURE 11 ASIA-PACIFIC: VEIN ILLUMINATOR MARKET SHARE, BY COUNTRY, 2018 (%)


FIGURE 12 MIDDLE EAST & AFRICA: VEIN ILLUMINATOR MARKET SHARE, BY REGION, 2018 (%)


FIGURE 13 GLOBAL VEIN ILLUMINATOR MARKET: COMPANY SHARE ANALYSIS, 2018 (%)


FIGURE 14 NEAR INFRARED IMAGING INC.: KEY FINANCIALS


FIGURE 15 NEAR INFRARED IMAGING INC.: SEGMENTAL REVENUE


FIGURE 16 NEAR INFRARED IMAGING INC: REGIONAL REVENUE


FIGURE 17 TRANSLITE LLC: KEY FINANCIALS


FIGURE 18 TRANSLITE LLC: SEGMENTAL REVENUE


FIGURE 19 TRANSLITE LLC: REGIONAL REVENUE


FIGURE 20 ACCUVEIN INC.: KEY FINANCIALS


FIGURE 21 ACCUVEIN INC.: SEGMENTAL REVENUE


FIGURE 22 ACCUVEIN INC.: REGIONAL REVENUE


FIGURE 23 SHARN ANESTHESIA: KEY FINANCIALS


FIGURE 24 SHARN ANESTHESIA: SEGMENTAL REVENUE


FIGURE 25 SHARN ANESTHESIA: REGIONAL REVENUE


FIGURE 26 CHRISTIE MEDICAL HOLDINGS, INC: KEY FINANCIALS


FIGURE 27 CHRISTIE MEDICAL HOLDINGS, INC: SEGMENTAL REVENUE


FIGURE 28 CHRISTIE MEDICAL HOLDINGS, INC: REGIONAL REVENUE


FIGURE 29 INFRARED IMAGING SYSTEMS, INC.: KEY FINANCIALS


FIGURE 30 INFRARED IMAGING SYSTEMS, INC.: SEGMENTAL REVENUE


FIGURE 31 INFRARED IMAGING SYSTEMS, INC.: REGIONAL REVENUE


FIGURE 32 VUETEK SCIENTIFIC LLC: KEY FINANCIALS


FIGURE 33 VUETEK SCIENTIFIC LLC: SEGMENTAL REVENUE


FIGURE 34 VUETEK SCIENTIFIC LLC: REGIONAL REVENUE


FIGURE 35 VENOSCOPE, LLC: KEY FINANCIALS


FIGURE 36 VENOSCOPE, LLC: SEGMENTAL REVENUE


FIGURE 37 VENOSCOPE, LLC: REGIONAL REVENUE


FIGURE 38 ZD MEDICAL INC.: KEY FINANCIALS


FIGURE 39 ZD MEDICAL INC.: SEGMENTAL REVENUE


FIGURE 40 ZD MEDICAL INC.: REGIONAL REVENUE


FIGURE 41 CAMBRIDGE MEDICAL GROUP: KEY FINANCIALS


FIGURE 42 CAMBRIDGE MEDICAL GROUP: SEGMENTAL REVENUE


FIGURE 43 CAMBRIDGE MEDICAL GROUP: REGIONAL REVENUE