Vein Illumination Devices Market Trends and Outlook 2018 - PowerPoint PPT Presentation

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Vein Illumination Devices Market Trends and Outlook 2018

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Global Vein illumination market is valued $593 million in the year 2017 and is anticipated to grow with a CAGR of 16.4% from 2018 to 2023. Vein illumination device is classified based on their type available which are portable vein illumination device and bed side vein illumination device. Portable vein illumination device is having the highest market share followed by the bedside vein illumination device which are valued $453.2 and $140.7 million in the year 2017 and expected to grow at a CAGR of 13.5% and 24.3% respectively during the year 2018 to 2023. – PowerPoint PPT presentation

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Title: Vein Illumination Devices Market Trends and Outlook 2018


1
Vein Illumination Devices 2018 - 2023
  • Vein Illumination Devices Market is anticipated
    to hit 1.29 billion by 2023 at a CAGR of 16.40.

2
Americas held the largest market share in the
Vein Illustration Devices Market
  • The Americas region holds the largest market
    share in the Vein Illustration Devices Market and
    is anticipated to reach 643.8 million by 2023 at
    a CAGR of 12.2. The rise in aging population and
    strong reimbursement scenario is propelling the
    growth in this region. The key end-users
    including Healthcare Centers/Hospitals/Clinics,
    Nursing Homes, Blood Donation Camps, Academic
    Institutions, Rehabilitation Centers, Infusion
    Centers, Surgery Centers, and Emergency Care
    among others.

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3
Selected Opportunities and Impact Analysis done
in the full report
  • The growth of vein biometrics presents an
    opportunity for vein illuminator devices market.
    Multi factor identification is becoming
    increasingly common in manufacturing,
    construction and banking industries. This has led
    to the increased use of vein identification
    technology. For instance, Barclays Bank
    introduced personal biometric scanners with
    Hitachi's Finger Vein Authentication Technology
    (VeinID), which reads the sub-dermal patterns of
    the client's finger vasculature in order to
    combat identity fraud.
  • The growing obesity rates in the U.S and European
    regions have raised the health consciousness
    level. This has led to an increased number of
    medical testing and diagnosis. Vein illumination
    devices are particularly required for obese
    people as it is difficult to find the veins.

Contact sales_at_industryarc.com
4
Excerpts Market Growth Factors Mentioned in the
Full Report
  • The demand for Vein Illumination Devices is going
    to witness substantial growth with the increase
    in venipuncture. Vein Illumination is of high
    importance while treating the geriatric
    population.
  • The introduction of Affordable Healthcare Act has
    provided a boost to the industry. The
    reimbursement for hospitals and clinics will
    depend upon the patient safety and level of
    satisfaction.
  • The biggest end user segment for the vein
    illumination devices market will be
    homecare/long-term care as the patient pool
    gradually switches to affordable home care.

  • Contact sales_at_industryarc.com

5
Key players of Vein Illumination Devices Market
  • AccuVein is the key player in Vein Illumination
    Devices market, followed by Christie Medical
    Holdings Inc AccuVein has a strong product line
    of vein illumination devices, with its presence
    across 130 nations in North America.
  • Other key players include Bard Access Systems
    Inc. and Veinlite LLC, etc.
  • Companies like Sony Corp, Kyocera Corp were
    granted patents for Vein Illumination Devices.
    The two companies obtained 15 patents during the
    period.

Download Sample Report
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6
You Can Customize the Report as Per Your Need. We
have included Some Customization Options
Key Contacts
Company Profile
Analyst Briefing
Data Tables
Contact sales_at_industryarc.com
7
About IndustryARC
  • IndustryARC is a research and consulting firm
    that publishes more than 500 reports annually in
    various industries, such as Agriculture,
    Automotive, Automation Instrumentation,
    Chemicals and Materials, Energy and Power,
    Electronics, Food Beverages, Information
    Technology, Life sciences Healthcare.
  • IndustryARC primarily focuses on Cutting Edge
    Technologies and Newer Applications of the
    Market. Our Custom Research Services are designed
    to provide insights on the constant flux in the
    global demand-supply gap of markets. Our strong
    analyst team enables us to meet the client
    research needs at a very quick speed with a
    variety of options for your business.
  • C
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