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Vein Finder Market is Likely to grow at 10.7% CAGR during the Period 2018-2028

The vein finder market is largely dominated by few major manufacturers who are competing on the basis of advancement and pricing in the vein finder market. The fragmented nature of the vein finder market decreases the profitability of the business. However, the introduction of the novel device by manufacturers and the growing patient and healthcare professional satisfaction with the use of vein finder, are factors expected to boost the growth of the vein finder market. Companies such as Accuvein, Christie Medical Holdings, and OSANG Healthcare Co., Ltd. hold 56% of the revenue share in the global vein finder market.<br><br>

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Vein Finder Market is Likely to grow at 10.7% CAGR during the Period 2018-2028

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  1. Vein Finder Market is Likely to grow at 10.7% CAGR during the Period 2018-2028 Healthcare, Pharmaceuticals & Medical Devices November 2018 Report Id : REP-GB-7640 Status : Publish Category : Healthcare, Pharmaceuticals & Medical Devices ©2015 Future Market Insights, All Rights Reserved

  2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitiveframework,and future markettrends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing– the perfect solutionfor our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Social Media Research ©2015 Future Market Insights, All Rights Reserved 2

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases ©2015 Future Market Insights, All Rights Reserved 3

  4. Vein Finder Market Analysis Leading Manufacturers Contribute 56% of the Revenue in the Vein Finder Market The vein finder market is largely dominated by few major manufacturers who are competing on the basis of advancement and pricing in the vein finder market. The fragmented nature of the vein finder market decreases the profitability of the business. However, the introduction of the novel device by manufacturers and the growing patient and healthcare professional satisfaction with the use of vein finder, are factors expected to boost the growth of the vein finder market. Companies such as Accuvein, Christie Medical Holdings, and OSANG Healthcare Co., Ltd. hold 56% of the revenue share in the global vein finder market. Excellence in Customer Satisfaction and Increasing Adoption of Vein Finder Hospitals have achieved higher customer satisfaction after using a vein finder in their facility for IV insertion and to draw blood. Vein finders help physicians and nurses to locate and access the vein easily and provide valuable information for the vascular access procedure. A vein finder increases the chances of drawing blood and inserting IV in the first attempt. This has reduced the use of multiple needles to draw blood and subsequently the pain and discomfort caused during IV insertion and blood drawing. This has, in turn, helped hospitals gain customer satisfaction and acts as the driving factor for the growth of the vein finder market. ©2015 Future Market Insights, All Rights Reserved 4

  5. Vein Finder Market Analysis Request Sample Report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-7640 Expansion in End Users and Applications of Vein Finder Vein finders are very useful in hospitals, ambulatory surgical centers, clinics, diagnostic labs, and home care settings. Additionally, a vein finder is also useful at veterinary clinics. The device is not only used for spotting veins in humans, but also in animals as well. A vein finder allows simple needle insertion in the veterinary setting, reducing the challenges faced during such operations and therefore allowing more comfort to the animal. Vein finders are easy to use and save valuable time for both nurses and patients. The end-user expansion is boosting the market growth of vein finders. Emerging Field of Mobile Health and Technology in Nursing Education In future, Mobile health (mHealth) has huge potential to restructure healthcare delivery. Technological advances in smartphone hardware and software have shown exponential growth in the market. Mobile health is expected to play an important role in patient self-care as smartphone ownership is rising globally. It is estimated that more than 259,000 mHealth apps were accessible on app stores and accounted for approximately 3.2 billion downloads in 2017. Nowadays, innovative mobile apps that use sophisticated software to scan the skin of the patients have entered the market. User-friendly image platforms provide vein lining images to the physicians and nurses. These vein illumination mobile apps can be used by nursing practices and educational institutes. ©2015 Future Market Insights, All Rights Reserved 5

  6. Vein Finder Market Analysis Increased Opportunities in the Cosmetic Industry Over the past years, the number of cosmetic surgeries among the aging population has increased. Procedures like tightening of the skin, facelift, facial & body contouring, eyelid lift, brow lift, etc. are very popular. Based on the data by the International Society of Aesthetic Plastic Surgery, cosmetic procedures and cosmetic surgery injectable increased by around 8% and 11%, respectively, in 2016. This rise in the no. of procedures increases the need for vein finder devices. However, the venipuncture technique is fairly common for cosmetic surgeries. There is a need for vein finder devices to improve their efficiency and reduce the probability of error. Vein finders help to locate facial veins to avoid bruising while performing procedures such as facial injectable. Competitive Landscape of the Global Vein Finder Market The section of the vein finder market features the profiles of the key players competing in the vein finder market based on their dcompetition ifferential market strategies, market shares, product offerings, marketing approach, and company dashboard. Some of the key players featured in this report include AccuVein Inc., Christie Medical Holdings, Koninklijke Philips N.V, Osang Healthcare Co. Ltd, Teleflex Inc. (Acq. VueTek Scientific, LLC.), TransLite, LLC, ZD Medical, Vivolight, Venoscope LLC, and Shenzhen Bestman Instruments Co., Ltd. ©2015 Future Market Insights, All Rights Reserved 6

  7. Vein Finder Market Analysis Request to View TOC @ https://www.futuremarketinsights.com/askus/rep-gb-7640 The key manufacturers offer advanced vein finders. AV400 vein illuminator by AccuVein Inc. allows healthcare professionals to map veins on the patient’s skin by improving vascular access procedures such as IV insertion, blood drawing for testing and blood donation and avoiding veins for patients undergoing cosmetic injectable procedures. Click here to Order a free sample ©2015 Future Market Insights, All Rights Reserved 7

  8. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You ©2015 Future Market Insights, All Rights Reserved 8

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