Press release
Vein Finders Market Size, Trends & Growth Forecast 2025 | Top key players - B. Braun SE, AccuVein, Inc, TransLite LL.
The Global Vein Finders Market reached US$ 244.50 million in 2023 and is expected to reach US$ 346.6 million by 2031, growing at a CAGR of 4.5% during the forecast period 2024-2031.Vein Finders Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Vein Finders Market includes devices that help healthcare professionals locate veins easily, especially in patients with hard-to-find veins like children or the elderly. These tools use technologies like infrared light to improve accuracy and reduce patient discomfort during procedures such as blood draws or IV insertions. Growing demand for better patient care is driving the market forward.
List of the Key Players in the Vein Finders Market:
B. Braun SE, AccuVein, Inc, TransLite LL, Christie Medical Holdings, Inc, SIFSOF LLC, Neotech Products, InfraEyes, AGAPPE, Shenzhen ENMIND Technology Co., Ltd, Venoscope among Others.
Industry Development:
In 2023, Christie Medical Holdings, Inc. formed a strategic partnership with DO-PA A.S., one of Türkiye's oldest medical distribution firms, for the distribution of the U.S.-manufactured VeinViewer Vision2 and VeinViewer Flex devices. This collaboration aims to enhance vascular access solutions in the Turkish healthcare sector.
In April 2022, ImmunoTek Bio Centers, a biotechnology company, implemented VeinViewer technology across its plasma donation centers. The adoption of this technology was intended to improve the donor experience by offering more accurate and comfortable vein access during plasma collection.
Growth Forecast Projected:
The Global Vein Finders Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the global Vein Finders Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Vein Finders Market:
By Product: Tabletop Vein Finders, Portable Vein Finders.
By Technology: Near Infrared (NIR), Ultrasound, Transillumination.
By Type: Active Vein Finder, Passive Vein Finder.
By Application: Blood Sample Collection, Cannulation, Others.
By End-User: Hospitals and Clinics, Ambulatory Surgical Centers, Blood Banks, Specialized Clinics, Others.
Regional Analysis for Vein Finders Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Vein Finders market?
➠ Who are the leading manufacturers in the global Vein Finders industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Vein Finders industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Vein Finders market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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