According to a new market research report "Vein Illuminator Market by Technology (Transillumination, Infrared Technology and Ultrasound), by End-Users (Hospitals, Rehabilitation Centers, Blood Donation Camps and Academic Institutions) - Global forecast to 2022" , the total market is expected to reach USD 227.2 Million by 2022, at a CAGR of 32.41% between 2016 and 2022. The major drivers for the growth of the vein illuminator market are the growing aging population worldwide and desire for increasing patient satisfaction level.
Download PDF Brochure :- http://www.marketsandmarkets.com/pdfdownload.asp?id=84868532
Browse 70 tables and 60 figures spread through 146 Pages and in-depth TOC on "Vein Illuminator Market - Global forecast to 2022"
Early buyers will receive 10% customization on reports.
Hospitals to drive the growth of the vein illuminator market
Vein illuminator devices have a number of applications in end users such as hospitals, rehabilitation centers, academic institutions, blood donation camps, and others. Hospitals are expected to hold the largest share of the vein illuminator market because of the various applications of blood draw and IV access that demand success in the first attempt of pricking to reduce patient discomfort and ensure greater patient satisfaction level. The vein illuminator market for hospitals is expected to grow at the highest CAGR between 2016 and 2022.
North America to hold the largest share of the market
This report covers the vein illuminator market based on four geographic regions, namely, North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is expected to hold the largest market share during the forecast period because of the increasing aging population and pediatric applications. According to the U.S. Census Bureau projection, the population of Americans over the age of 65 is expected to increase by 36% till 2020. This is the segment of the population with the greatest medical needs, including vascular access. As these numbers increase, so does the demand for physician services, which drives the growth of the vein illuminator market.
Speak to Analyst :- http://www.marketsandmarkets.com/speaktoanalyst.asp?id=84868532
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.
MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Visit MarketsandMarkets Blog@ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets