According to the current analysis of Reports and Data, the global Infrared Vein Finder Market was valued at USD 116.3 Million in 2020 and is expected to reach USD 944.8 Million by the year 2028, at a CAGR of 31.7 percent. Infrared Vein Finder is a handheld device which helps professionals to find a superficial vein for venipuncture. Innovative and advanced technologies improved healthcare infrastructure and the presence of a large number of vein illuminating manufacturing companies.
The wide variety of devices designed for locating veins reflects the great challenges of this procedure. Despite their availability, valuable time and money continue to be wasted and people continue to suffer multiple needle stickings, due to lack of awareness in many areas. Better product marketing could help alleviate this issue. Clinicians face difficulties in locating peripheral veins on a regular everyday basis. They usually start with the basic simple techniques of milking, slapping, and tourniquet. Recurrent failures are helpful in identifying persons who need additional extra help to be cannulated. All existing methods, without exception, will increase success rates for locating veins in particularly in difficult cases. Adoption of these advanced technologies may lead to improved medical treatment, as well as prevent clinical complications such as hematomas. All methods save critical time and improve both medical staff and patient satisfaction. The mobile devices offer solutions to overcome obstacles, drive down costs, redesign care-paths and processes, augment the level of patient safety and significantly improve the quality of care in diverse care settings, including hospital wards, emergency rooms, field hospitals, the military and homes. It could also be very useful and effective for patients that inject their medicine straight into the veins themselves (such as hemophiliacs).
Request Free Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]) @ https://www.reportsanddata.com/download-free-sample/2282
Further key findings from the report suggest
- AccuVein Inc. is one of the global leaders in medical imaging solutions. The company’s vein viewing system was the world’s first handheld, non-contact vein illumination solution
- North America is predicted to hold the largest share of the Infrared Vein Finder access market because of the growing population and high rate of technology adoption
- Infrared Vein Finder device is used for locating veins in dark-skinned patients, obese patients, whose veins are not visible or palpable, patients suffering from burn injuries, agitated patients, thus it can be used for a wide variety of patients to pricking unnecessary needle sticks to the patient.
- Various complications such as hematoma, infections, nerve damage, extravasations, excessive bleeding, edema, thrombosis, and allergies may arise as a result of venipuncture complications which demands the Infrared Vein Finder device.
- Europe is expected to gain a significant market share by 2026 as the hospitals End User are going to drive market growth
- Academic institutions are expected to grow at the second-highest CAGR during the forecast period. The increased research and practical application in these institutions drive the demand for Infrared Vein Finder devices in this industry
- Infrared illumination is expected to grow at the highest CAGR, because of the accuracy of operation, ease of handling, and cost-effectiveness. NIR is expected to be preferred over transillumination and other technologies in the near future due to better usage of technology
Competitive Outlook of the Global Infrared Vein Finder Market
The globla Infrared Vein Finder market study focuses on the revenue growth trajectories of the leading companies in this market. This section of the report throws light on the highly competitive landscape of the Infrared Vein Finder market, pointing out the major players. The report further discusses the strategic initiatives undertaken by each of these market players, including mergers acquisitions, collaborations, joint ventures, new product launches, new business deals, and technological innovations.
Top Companies Profiled in the Report:
Venoscope, LLC, Christie Medical Holdings, Inc., Inc., Translite, LLC, Vuetek Scientific, LLC, ZD Medical, Inc., Infrared Imaging Systems, Accuvein, Inc., Cambridge Medical (Asia) Private Ltd.
Inquiry Before Buying @ https://www.reportsanddata.com/inquiry-before-buying/2282
The report is inclusive of product type outlook, application spectrum, end-use outlook, technology landscape, regional market analysis, and competitive overview.
Infrared Vein Finder Market Segmentation:
Technology (Revenue, USD Million; 2018–2028)
- Infrared Illumination (NIR)
- Transillumination
- Ultrasound
- Others
Applications (Revenue, USD Million; 2018–2028)
- IV Access
- Blood draw
- Others
End use (Revenue, USD Million; 2018–2028)
- Hospitals
- Rehabilitation Centers
- Blood Donation Camps
- Academic Institutions
- Others
Geographic Segment Covered in the Report:
The Infrared Vein Finder report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.
- North America (USA and Canada)
- Europe (UK, Germany, France and the rest of Europe)
- Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
- Latin America (Brazil, Mexico, and the rest of Latin America)
- Middle East and Africa (GCC and rest of the Middle East and Africa)
Request customization of the report @ https://www.reportsanddata.com/request-customization-form/2282
Thank you for reading our report. Customization of this report is available as per the client’s requirements. Please connect with us to know more about the report and our team will ensure you get the report tailored according to your needs.
Get Explore Latest Research Report by Reports and Data:
Viral Vector and Plasmid DNA Manufacturing Market @ https://www.reportsanddata.com/report-detail/viral-vector-and-plasmid-dna-manufacturing-market
X-Ray Imaging Market @ https://www.reportsanddata.com/report-detail/x-ray-imaging-market
Veterinary Chemistry Analyzer Market @ https://www.reportsanddata.com/report-detail/veterinary-chemistry-analyzer-market
Research Antibodies Market @ https://www.reportsanddata.com/report-detail/research-antibodies-market
Single Cell Analysis Market @ https://www.reportsanddata.com/report-detail/single-cell-analysis-market
Syringes and Needles Market @ https://www.reportsanddata.com/report-detail/syringes-and-needles-market
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, TouchPoints, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provide our clients with the ability to secure an edge over their respective competitors.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
