Vein Illumination Devices Market - Global Trends And Forecast, 2013 - 2019 -Transparency Market Research

The global vein illumination devices market is projected to grow substantially in the coming few years, as these devices help increase patient satisfaction and are thus in demand from the healthcare sector. Venipuncture is one of the most common invasive medical procedures used across the globe. An estimated 2.7 mn venipuncture procedures are conducted in the U.S. alone. According to studies, one-third of these procedures result in failure to vein access in the first attempt, which causes unnecessary discomfort to patients and adds to the procedural cost. On the other hand, vein illumination devices, due to their property of making the veins appear different than the surrounding tissues and reducing patient discomfort, will experience rising demand.

Global Vein Illumination Devices Market Driving Professional Ability of Practitioners

The global vein illumination devices market will also drive the ability of medical practitioners to identify the location of the underlying vein. Favorable rules and regulations supporting the use of vein illumination devices will further fuel the growth of the global vein illumination devices market. The use of vein illumination has been recommended in the Infusion Nurses Society (INS) 2014 guidelines document. These factors will drive the popularity of vein infusion devices among healthcare professionals.

Besides these benefits associated with vein illumination devices, the global vein illumination devices market will also benefit from the growing number of blood donation venipuncture processes carried out for intravenous infusion and blood drawing.

Infrared Technology to Lead Global Vein Illumination Devices Market

Vein illumination devices are available in the market in several wavelengths and illuminations. On the basis of technology, the global vein illumination devices market is segmented into magnification, infrared, and transillumination technology. Infrared-based vein illumination devices are expensive, but deliver a clear image, facilitating efficient and accurate execution of the medical procedure.

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Infrared-based vein illumination technology is thus projected to dominate the global vein illumination devices market. In an infrared vein illumination device, the projected infrared light gets absorbed by blood and is reflected by the surrounding tissue. This data is captured and processed and then appears digitally on the surface of the skin, providing an accurate image of a person’s vascular pattern.

AccuVein Leading Global Vein Illumination Devices Market

At present, the global vein illumination devices market is ruled by AccuVein. In 2013, the firm was named the 2013 Gold award winner in the globally renowned Edison Awards Competition for its product, AccuVein AV400. This device from AccuVein helps professionals in the healthcare industry to identify veins by displaying a map of the patient’s vasculature on the surface of the skin itself. Other major brands in the global vein illumination devices market include VeinViewer, Veinite, and Venoscope.

Vein illumination devices are used in several sectors such as clinics, hospitals, nursing homes, academic institutions, rehabilitation facilities, blood donation centers, and private healthcare facilities. A substantial number of vein illumination devices are used in hospitals.

By geography, the global vein illumination devices market is segmented into North America, Asia Pacific, Europe, and Rest of the World (RoW). Healthcare professionals in the Europe and North America vein illumination devices market are already benefitting from the use of these devices to boost patient satisfaction and optimize procedural failure costs.

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