AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Vein Finders market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Vein Finders market to grow at a CAGR of 13.85%.
The End users, such as Hospitals, is boosting the Vein Finders market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Technology, such as Ultraviolet, is boosting the Vein Finders market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Vein Finders market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increasing Prevalence of Obesity and Rapid Utilization of Vein Finders in Hospitals, Rising Geriatric Patient Population with Chronic Disorders and Growing Frequency of Cosmetic Procedures.
Vein finder is a type of device used for the visualization of veins for venepuncture and cannulation. It is an innovative device that helps healthcare professionals to find veins for intravenous insertion and blood draws. Vein finders create a real-time visual mapping of veins on the skin surface by using various technologies such as ultraviolet, infrared, and ultrasound. The Vein finder device is not only used for spotting veins in humans but also in animals as well. The reduced use of multiple needles to draw blood and subsequent reduction from pain and discomfort caused during IV insertion and blood draw. This has, in turn, helped hospitals to gain customer satisfaction is acting as the driving factor for the growth of the vein finder market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Vein Finders market by Type (Non-Imaging Type Vein Finder, Portable Type Vein Finder, Fixed Type Vein Finder and Wearable Type Vein Finder), by Application (Blood Draw/Venipuncture, IV Access and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market