The Asia Pacific Vein Illuminator Market would witness market growth of 32.8% CAGR during the forecast period (2020-2026).
Most of the time locating the vein is challenging depending on the objective difficulty that arose as a result of the patient’s particular physical features such as fatty tissue, skin color, age, etc. thus producing a more painful patient experience. To alleviate such situations, many novel devices were invented to help paramedics and nurses find the veins in real-time and determine the needle’s best insertion point. The creation of a digital image using infrared detection and light projection technology a vein illuminator allows for the location of veins, valves, and deep bifurcations up to 15 mm, thus reducing pain and anxiety and minimally invasive patient experience.
Intravenous access may be required for different reasons and in multiple environments like hospitals, outpatient care facilities, homes, hospital schools, and outpatient surgery facilities. Similarly, peripheral IV catheter therapy is gaining prominence among both doctors and patients. The benefits of improved success in obtaining peripheral IV access, decreased usage of central lines and improved cost savings have been recognized by hospitals. These factors commutatively define the growing popularity of vein illuminators and their increasing market size.
Increasing implementation of intravenous (IV) therapy and technological advancements that integrate into the process of assessing, planning, intervening, and evaluating the insertion of PIV catheters are also key drivers of market growth. At the same time, substantial investments in healthcare to promote research and development programs are promoting the market growth.
Based on Technology, the market is segmented into Infrared, Transillumination and Ultrasound. Based on End Use, the market is segmented into Hospitals, Blood Donation Camps, Academic Institutions and Other End-uses. Based on Application, the market is segmented into Blood Draw, Intravenous Access and Other Application. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AccuVein, Inc., Christie Medical Holdings, Inc. (Canadian Hospital Specialties Ltd.), TransLite, LLC, VueTek Scientific, LLC, ZD Medical, Inc., BK Medical Holding Company, Inc., Near Infrared Imaging, Inc., Sharn Anesthesia, Inc., Venoscope, LLC, and Cambridge Medical Group.
Scope of the Study
- Transillumination and
By End Use
- Blood Donation Camps
- Academic Institutions and
- Other End-uses
- Blood Draw
- Intravenous Access and
- Other Application
- South Korea
- Rest of Asia Pacific
- AccuVein, Inc.
- Christie Medical Holdings, Inc. (Canadian Hospital Specialties Ltd.)
- TransLite, LLC
- VueTek Scientific, LLC
- ZD Medical, Inc.
- BK Medical Holding Company, Inc.
- Near Infrared Imaging, Inc.
- Sharn Anesthesia, Inc.
- Venoscope, LLC
- Cambridge Medical Group
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