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Analysis of Vein Illuminator Market

The scope of the report covers detailed information regarding the major factors influencing the growth of the vein illuminator market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key players has been done to provide insights into their business overview, products & services, key strategies, new product launches, agreements, and recent developments associated with the vein illuminator market.

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Analysis of Vein Illuminator Market

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  1. MarketsandMarkets Presents Vein Illuminator Market worth : Industry Trends http://www.marketsandmarkets.com/Market-Reports/vein-illuminator-market-84868532.html

  2. The vein illuminator market is expected to grow at a CAGR of 32.41% between 2016 and 2022. The growth of the market is expected to be driven by the growing aging population, pediatric applications and growing demand for high patient satisfaction level. • Browse 70 tables and 60 figures spread through 146 Pages and in-depth TOC on "Vein Illuminator Market - Global forecast to 2022"http://www.marketsandmarkets.com/Market-Reports/vein-illuminator-market-84868532.html • Out of the major end-user industries, market for hospitals is expected to grow at a high CAGR between 2016 and 2022 owing to the demand for technologically advanced medical equipment that can contribute to the increased satisfaction level of patients along with reduced discomfort. Academic institutions are expected to grow at the second-highest CAGR during the forecast period. The increased research and practical application in these institutions drives the demand for vein illuminator devices in this market. However, the prevalence of traditional methods of vein detection as well as the high cost of these devices hinders the adoption of vein illuminators.

  3. High growth of vein illuminators in the region is attributed to the higher adoption of the technology by countries such as Japan and Australia. The healthcare services in these countries are technologically advanced and on par with those in North America. However, the total number of hospitals in these countries is much lesser than that in the U.S. Therefore, the rate of adoption of vein illuminators is expected to be lower than that in North America. • Among the applications for vein illuminator market, IV access is expected to hold the largest share of the market. North America is expected to hold the largest share of the IV access market because of the growing aging population and pediatric applications for IV access and blood draw. The blood draw application is expected to hold the second largest market for vein illuminator. http://www.marketsandmarkets.com/Market-Reports/vein-illuminator-market-84868532.html

  4. The major vendors in the vein illuminator market include AccuVein Inc. (U.S.), Christie Medical Holdings, Inc. (U.S.), TransLite LLC. (U.S.), Venoscope LLC. (U.S.), Sharn Anesthesia (U.S.), VueTek Scientific (U.S.), InfraRed Imaging Systems (U.S.), ZD Medical Inc. (U.S.), Cambridge Medical (Asia) Private Limited(Singapore), and Near Infrared Imaging Inc. (U.S.). • The scope of the report covers detailed information regarding the major factors influencing the growth of the vein illuminator market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key players has been done to provide insights into their business overview, products & services, key strategies, new product launches, agreements, and recent developments associated with the vein illuminator market. • AccuVein Inc. (U.S.) is one of the global leaders in medical imaging solutions. The company’s vein viewing system is the world’s first handheld, non-contact vein illumination solution. The product is built on the company’s proprietary technology and the company holds several patent portfolios for imaging and medical diagnostic technologies. TransLite LLC (U.S.) is the other major company in the vein illuminator market that indulges in design, manufacturing, and sales of medical devices which help in reducing pain and trauma to patients during venous access and treatment of varicose veins. Other major players in the market include Sharn Anesthesia (U.S.) and Christie Medical Holding Corp (U.S.). http://www.marketsandmarkets.com/Market-Reports/vein-illuminator-market-84868532.html

  5. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. http://www.marketsandmarkets.com/Market-Reports/vein-illuminator-market-84868532.html

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