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Vein Illuminator Market Analysis By Technology (Transillumination, Infrared Technology, Ultrasound), By Application (Intravenous Access, Blood Draw), By End-user (Hospitals, Rehabilitation Facilities, Blood Donation Camps, Academic Institutions), By Regio

Vein Illuminator Market Analysis By Technology (Transillumination, Infrared Technology, Ultrasound), By Application (Intravenous Access, Blood Draw), By End-user (Hospitals, Rehabilitation Facilities, Blood Donation Camps, Academic Institutions), By Region (U.S., Canada, Germany, UK, China, India, South Africa, Saudi Arabia, Brazil, Mexico) And Segment Forecast to 2024

The global vein illuminator market is expected to reach USD 358.5 million by 2024, according to a new report published by Grand View Research, Inc. The vein illuminator market is anticipated to witness a lucrative growth during the period 2016 to 2024. The factors contributing towards the growth of the market are the growing aging population and the efforts channelized towards improving patient satisfaction. Additionally, factors, such as the demand for technologically advanced medical equipment and the rising research and practical applications are expected to be opportunistic for the industry growth. However, the prevalence of traditional methods owing to the high costs of the vein illuminator devices is likely to hinder the growth of the market in the near future.

The vein illuminator market is segmented on the basis of technology, application, end-user, and region. Based on technology, the market is further categorized into transillumination, infrared technology, and ultrasound. The near-infrared illumination technology is estimated to be the largest shareholder due to its ability to penetrate deep into the tissue, which makes it possible to visualize the vessels clearly.

On the basis of application, the market is segmented into intravenous access and blood draw. The end-user segment comprises hospitals, rehabilitation facilities, blood donation camps, and academic institutions. The market for hospitals is expected to grow rapidly during the forecast period due to a surge in the demand for technologically advanced medical equipment. The market is also categorized into North America, Europe, Asia Pacific, MEA, and Latin America.

Further key findings from the study suggest:

In terms of market share, the North America vein illuminator market is expected to hold majority of the share in 2016. Factors resulting in the growth of this industry are the steady preference for highly-advanced medical devices by hospitals as well as the presence of several medical device manufacturing companies in the region.

The infrared illumination technology is estimated to lead the industry due to its deep penetration capability into thick tissues tohighlight the presence of vessels with increased clarity. Based on application, the segment for intravenous access is estimated to be the largest shareholder, followed by the blood draw segment.

The vein illuminator industry comprises several local as well as global players. Some prominent players in this industry include Accuvein, Inc., Christie Medical Holdings, Inc., Infrared Imaging Systems, Inc., Translite, LLC, and Venoscope, LLC,among others. In order to hold a major share in the industry, the companies are adopting both organic as well as inorganic strategies. The major strategies adopted by the companies are new product development, mergers, collaborations, partnerships, geographical expansions, and acquisitions.

The companies are also focusing on research and development activities in order to enhance their product portfolio. For instance, in September 2015, Accuvein, Inc., declared its 26th patent, which was issued by the United States Patent and Trademark office for their vein visualization system.


Chapter 1. Methodology and Scope
1.1. Research methodology
1.2. Research scope & assumption
1.3. List of data sources
Chapter 2. Executive Summary
2.1. Vein Illuminator Market - Industry Summary and Key Buying Criteria, 2013 - 2024
Chapter 3. Vein Illuminator Market Industry Outlook
3.1. Market segmentation
3.2. Market size and growth prospects, 2013 - 2024
3.3. Vein Illuminator Market: Market dynamics
3.3.1. Market driver analysis
3.3.1.1. Rising satisfaction of patients
3.3.1.2. Increasing success rate of drawing blood at first attempt
3.3.2. Market restraint analysis
3.3.2.1. Traditional methods of vein detection
3.4. Vein Illuminator Market: Industry trend analysis
3.5. Vein Illuminator Market: PESTEL Analysis
3.6. Vein Illuminator Market Industry analysis - Porter's Five Forces Model
3.7. Vein Illuminator Market: Company Market Share Analysis (%), 2015
3.8. Key opportunities prioritized
Chapter 4. Vein Illuminator Market Technology Outlook
4.1. Vein Illuminator Market Share (%) Analysis, by Technology, 2016 & 2024
4.2. Transillumination
4.2.1. Market estimates and forecasts, 2013 - 2024 (USD Million)
4.3. Near-Infrared illumination
4.3.1. Market estimates and forecasts, 2013 - 2024 (USD Million)
4.4. Others
4.4.1. Market estimates and forecasts, 2013 - 2024 (USD Million)
Chapter 5. Vein Illuminator Market Application Outlook
5.1. Vein Illuminator Market Share (%) Analysis, by Application, 2016 & 2024
5.2. Intravenous Access
5.2.1. Market estimates and forecasts, 2013 - 2024 (USD Million)
5.3. Blood Draw
5.3.1. Market estimates and forecasts, 2013 - 2024 (USD Million)
5.4. Others
5.4.1. Market estimates and forecasts, 2013 - 2024 (USD Million)
Chapter 6. Vein Illuminator Market End-user Outlook
6.1. Vein Illuminator Market Share (%) Analysis, by Application, 2016 & 2024
6.2. Hospitals
6.2.1. Market estimates and forecasts, 2013 - 2024 (USD Million)
6.3. Academic Institutions
6.3.1. Market estimates and forecasts, 2013 - 2024 (USD Million)
6.4. Blood Donation Camps
6.4.1. Market estimates and forecasts, 2013 - 2024 (USD Million)
6.5. Others
6.5.1. Market estimates and forecasts, 2013 - 2024 (USD Million)
Chapter 7. Vein Illuminator Market Regional Outlook
7.1. Vein Illuminator Market Share (%) Analysis, by Region, 2016 & 2024
7.1.1. North America
7.1.2. U.S.
7.1.2.1. U.S. vein illuminator market, by technology, 2013 - 2024 (USD Million)
7.1.2.2. U.S. vein illuminator market, by application, 2013 - 2024 (USD Million)
7.1.2.3. U.S. vein illuminator market, by end-user application, 2013 - 2024 (USD Million)
7.1.3. Canada
7.1.3.1. Canada vein illuminator market, by technology, 2013 - 2024 (USD Million)
7.1.3.2. Canada vein illuminator market, by application, 2013 - 2024 (USD Million)
7.1.3.3. Canada vein illuminator market, by end-user, 2013 - 2024 (USD Million)
7.2. Europe
7.2.1. Germany
7.2.1.1. Germany vein illuminator market, by technology, 2013 - 2024 (USD Million)
7.2.1.2. Germany vein illuminator market, by application, 2013 - 2024 (USD Million)
7.2.1.3. Germany vein illuminator market, by end-user application, 2013 - 2024 (USD Million)
7.2.2. UK
7.2.2.1. UK vein illuminator market, by technology, 2013 - 2024 (USD Million)
7.2.2.2. UK vein illuminator market, by application, 2013 - 2024 (USD Million)
7.2.2.3. UK vein illuminator market, by end-user, 2013 - 2024 (USD Million)
7.3. Asia Pacific
7.3.1. India
7.3.1.1. India vein illuminator market, by technology, 2013 - 2024 (USD Million)
7.3.1.2. India vein illuminator market, by application, 2013 - 2024 (USD Million)
7.3.1.3. India vein illuminator market, by end-user, 2013 - 2024 (USD Million)
7.3.2. China
7.3.2.1. China vein illuminator market, by technology, 2013 - 2024 (USD Million)
7.3.2.2. China vein illuminator market, by application, 2013 - 2024 (USD Million)
7.3.2.3. China vein illuminator market, by end-user, 2013 - 2024 (USD Million)
7.3.3. Japan
7.3.3.1. Japan vein illuminator market, by technology, 2013 - 2024 (USD Million)
7.3.3.2. Japan vein illuminator market, by application, 2013 - 2024 (USD Million)
7.3.3.3. Japan vein illuminator market, by end-user, 2013 - 2024 (USD Million)
7.3.4. MEA
7.3.5. South Africa
7.3.5.1. South Africa vein illuminator market, by technology, 2013 - 2024 (USD Million)
7.3.5.2. South Africa vein illuminator market, by application, 2013 - 2024 (USD Million)
7.3.5.3. South Africa vein illuminator market, by end-user, 2013 - 2024 (USD Million)
7.3.6. Saudi Arabia
7.3.6.1. Saudi Arabia vein illuminator market, by technology, 2013 - 2024 (USD Million)
7.3.6.2. Saudi Arabia vein illuminator market, by application, 2013 - 2024 (USD Million)
7.3.6.3. Saudi Arabia vein illuminator market, by end-user, 2013 - 2024 (USD Million)
7.4. Latin America
7.4.1. Brazil
7.4.1.1. Brazil vein illuminator market, by technology, 2013 - 2024 (USD Million)
7.4.1.2. Brazil vein illuminator market, by application, 2013 - 2024 (USD Million)
7.4.1.3. Brazil vein illuminator market, by end-user, 2013 - 2024 (USD Million)
7.4.2. Mexico
7.4.2.1. Mexico vein illuminator market, by technology, 2013 - 2024 (USD Million)
7.4.2.2. Mexico vein illuminator market, by application, 2013 - 2024 (USD Million)
7.4.2.3. Mexico vein illuminator market, by end-user, 2013 - 2024 (USD Million)
Chapter 8. Competitive Landscape
8.1. Accuvein, Inc.
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiatives
8.2. Christie Medical Holdings, Inc.
8.2.1. Company Overview
8.2.2. Financial Performance
8.2.3. Product Benchmarking
8.2.4. Strategic Initiatives
8.3. Infrared Imaging Systems, Inc.
8.3.1. Company Overview
8.3.2. Financial Performance
8.3.3. Product Benchmarking
8.3.4. Strategic Initiatives
8.4. Translite, LLC
8.4.1. Company Overview
8.4.2. Financial Performance
8.4.3. Product Benchmarking
8.4.4. Strategic Initiatives
8.5. Venoscope, LLC
8.5.1. Company Overview
8.5.2. Financial Performance
8.5.3. Product Benchmarking
8.5.4. Strategic Initiatives
8.6. Vuetek Scientific, LLC.
8.6.1. Company Overview
8.6.2. Financial Performance
8.6.3. Product Benchmarking
8.6.4. Strategic Initiatives
8.7. ZD Medical, Inc.
8.7.1. Company Overview
8.7.2. Financial Performance
8.7.3. Product Benchmarking
8.7.4. Strategic Initiatives
8.8. Cambridge Medical (Asia) Private Ltd.
8.8.1. Company Overview
8.8.2. Financial Performance
8.8.3. Product Benchmarking
8.8.4. Strategic Initiatives

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