Dublin, Aug. 28, 2023 (GLOBE NEWSWIRE) -- The "Vein Illuminator Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
The global vein illuminator market is set for substantial growth, escalating from $19.74 billion in 2022 to a projected $24.05 billion in 2023, reflecting an impressive Compound Annual Growth Rate (CAGR) of 21.8%. The market's momentum is anticipated to continue, culminating in a valuation of $53.27 billion by 2027, with a CAGR of 22.0%.
Key Market Players
Prominent players in the vein illuminator market include:
- AccuVein Inc.
- CAREstream Group
- Sharn Anesthesia Inc.
- Infrared Imaging LLC
- Near Infrared Imaging
- Translite LLC.
- Venoscope LLC
- VueTek Scientific LLC.
- ZD Medical
- Cambridge Medical (Asia) Private Limited
- Aimvein Ltd.
- BK Medical
- Shenzhen Bestman Instrument Co. Ltd.
- BLZ Medical
- RB Healthcare LLC
- Vivolight
Reasons to Choose This Report
- Gain a comprehensive global perspective, encompassing 50+ geographies.
- Understand COVID-19's impact and the market's response as conditions improve.
- Assess the implications of the Russia-Ukraine conflict on agriculture, energy, minerals, and the market's overall dynamics.
- Gauge the influence of heightened global inflation on market growth.
- Create region-specific strategies founded on localized insights and analysis.
- Identify high-potential growth segments for strategic investments.
- Harness predictive data and market trends to outperform competitors.
- Acquire customer insights based on the latest market shares.
- Measure performance against key competitors.
- Leverage dependable high-quality data and analysis for internal and external presentations.
Insights into Vein Illuminators
- Vein illuminators employ near-infrared (NIR) imaging to enhance healthcare providers' ability to visualize veins.
- Key technologies include near-infrared illumination, transillumination, and ultrasound.
Emerging Trend: Technological Advancements
- Product innovation through technological advancement is a prominent trend in the vein illuminator market.
- Companies invest in research and development to offer enhanced benefits to customers, fostering competitiveness.
Regional Dynamics: North America Leads
- North America claims the largest market share in 2022.
- Asia-Pacific is predicted to witness the fastest growth within the forecasted period.
Growth Catalyst: Rising Vein Disease Incidences
- Escalating vein diseases incidence is expected to drive market growth.
- Vein illuminators play a crucial role in diagnosing vein diseases, contributing to healthcare providers' diagnostic capabilities.
Market Segmentation and Landscape
Market Segmentation:
- Technologies:
- Near-Infrared Illumination
- Transillumination
- Ultrasound
- Applications:
- Intravenous Access
- Blood Draw
- Others
- End Users:
- Hospitals
- Rehabilitation Centers
- Blood Donation Camps
- Academic Institutions
Concluding Insights: Enabling Informed Decision-Making
- Navigate the evolving vein illuminator market with insightful data.
- Witness growth from $19.74 billion in 2022 to $24.05 billion in 2023.
- Employ predictive insights and growth trends for strategic advantage.
- Gain a competitive edge through informed, data-driven decisions.
- For inquiries, sample reports, and strategic insights, contact us today.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 250 |
| Forecast Period | 2023 - 2027 |
| Estimated Market Value (USD) in 2023 | $24.05 billion |
| Forecasted Market Value (USD) by 2027 | $53.27 billion |
| Compound Annual Growth Rate | 22.0% |
| Regions Covered | Global |
Key Topics Covered:
1. Executive Summary
2. Vein Illuminator Market Characteristics
3. Vein Illuminator Market Trends And Strategies
4. Vein Illuminator Market - Macro Economic Scenario
4.1. COVID-19 Impact On Vein Illuminator Market
4.2. Ukraine-Russia War Impact On Vein Illuminator Market
4.3. Impact Of High Inflation On Vein Illuminator Market
5. Vein Illuminator Market Size And Growth
5.1. Global Vein Illuminator Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Vein Illuminator Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Vein Illuminator Market Segmentation
6.1. Global Vein Illuminator Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Near-Infrared Illumination
- Transillumination
- Ultrasound Technologies
6.2. Global Vein Illuminator Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Intravenous Access
- Blood Draw
- Other Applications
6.3. Global Vein Illuminator Market, Segmentation By End User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Hospitals
- Rehabilitation Centers
- Blood Donation Camps
- Academic Institutions
7. Vein Illuminator Market Regional And Country Analysis
7.1. Global Vein Illuminator Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Vein Illuminator Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
For more information about this report visit https://www.researchandmarkets.com/r/7ug3bx
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