Global Near-infrared Vein Finders Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Near-infrared Vein Finders Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Near-infrared Vein Finders market size was valued at USD 181.1 million in 2023 and is forecast to a readjusted size of USD 474.1 million by 2030 with a CAGR of 14.7% during review period.

Vein finder is a biomedical device which uses near infrared light to illuminate subcutaneous veins on skin surface. These devices are beneficial in case where health problems create difficulties in correct vein identification particularly in neonates with their extremely small and fragile veins and arteries, elderly patients, overweight patients and for rapid access in emergency situations.

Near-infrared vein finders, also known as near-infrared vein imaging devices or NIR vein finders, are medical devices used to locate veins by utilizing near-infrared light. These devices help healthcare professionals to visualize veins beneath the skin's surface, aiding in successful venipuncture and intravenous access.

Key Factors Influencing the Near-Infrared Vein Finders Market:

Technological Advancements:

Continuous advancements in near-infrared imaging technologies improve the accuracy, efficiency, and ease of use of vein finders, driving market growth.

Improving Healthcare Infrastructure:

Upgrades in healthcare facilities and the adoption of advanced medical devices, including near-infrared vein finders, contribute to their increased usage.

Enhanced Patient Experience:

Near-infrared vein finders reduce patient discomfort and anxiety associated with multiple needle sticks, improving patient satisfaction and experience during medical procedures.

Pediatric and Geriatric Applications:

Vein visibility can be challenging in pediatric and geriatric patients; near-infrared vein finders are particularly valuable in these cases.

Rising Demand for Vascular Access:

The growing need for successful venipuncture and intravenous access in various medical procedures fuels the demand for near-infrared vein finders.

Expanding Applications in Different Healthcare Settings:

Near-infrared vein finders are increasingly used in diverse healthcare settings, including hospitals, clinics, ambulatory care, and home healthcare.

Prevalence of Chronic Diseases:

The increasing incidence of chronic diseases requiring frequent medical interventions, blood tests, and drug administration boosts the demand for vein finder devices.

Training and Education Programs:

Training programs and educational initiatives on the proper use of near-infrared vein finders for healthcare professionals drive their adoption and efficient utilization.

Cost-Effectiveness and Affordability:

Efforts to enhance cost-effectiveness and affordability of near-infrared vein finders broaden their accessibility and adoption, especially in resource-constrained settings.

Focus on Compact and Portable Devices:

Manufacturers are emphasizing the development of compact, portable, and handheld near-infrared vein finders, making them more convenient for healthcare practitioners.

Regulatory Compliance and Safety Standards:

Adherence to regulatory and safety standards enhances the reliability and trust in near-infrared vein finder devices, influencing their market acceptance.

The Global Info Research report includes an overview of the development of the Near-infrared Vein Finders industry chain, the market status of Hospitals and Clinics (Portable Vein Finders, Desk Vein Finders), Blood Centers and Research Centers (Portable Vein Finders, Desk Vein Finders), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Near-infrared Vein Finders.

Regionally, the report analyzes the Near-infrared Vein Finders markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Near-infrared Vein Finders market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Near-infrared Vein Finders market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Near-infrared Vein Finders industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Portable Vein Finders, Desk Vein Finders).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Near-infrared Vein Finders market.

Regional Analysis: The report involves examining the Near-infrared Vein Finders market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Near-infrared Vein Finders market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Near-infrared Vein Finders:

Company Analysis: Report covers individual Near-infrared Vein Finders manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Near-infrared Vein Finders This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Hospitals and Clinics, Blood Centers and Research Centers).

Technology Analysis: Report covers specific technologies relevant to Near-infrared Vein Finders. It assesses the current state, advancements, and potential future developments in Near-infrared Vein Finders areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Near-infrared Vein Finders market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Near-infrared Vein Finders market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Portable Vein Finders
Desk Vein Finders

Market segment by Application
Hospitals and Clinics
Blood Centers and Research Centers
Others

Major players covered
AccuVein
Christie
VEINCAS
Novarix
Evena
TransLite
Vuetek
Rencongzhong
iiSM Inc.
ZD Medical
BLZ Technology
Infinium Medical
Biobase
Stihler Electronic
Near Infrared Imaging
De Koningh Medical Products
InSono

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Near-infrared Vein Finders product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Near-infrared Vein Finders, with price, sales, revenue and global market share of Near-infrared Vein Finders from 2019 to 2024.

Chapter 3, the Near-infrared Vein Finders competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Near-infrared Vein Finders breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Near-infrared Vein Finders market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Near-infrared Vein Finders.

Chapter 14 and 15, to describe Near-infrared Vein Finders sales channel, distributors, customers, research findings and conclusion.