2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

Which Major Market Drivers Are Expected to Boost the Growth Potential of the Vein Illumination Devices Market?

The increasing prevalence of venous diseases such as deep vein thrombosis and varicose veins is expected to propel the growth of the vein illumination devices market. These diseases impair blood flow in veins, leading to symptoms like swelling and pain. Vein illumination devices help manage these diseases by enhancing vein visibility. For example, in August 2023, the Nuffield Trust reported a 21% increase in venous thromboembolism (VTE) cases between 2019-20 and 2020-21. Therefore, the increasing prevalence of venous diseases is driving the vein illumination devices market.

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#What is the Anticipated CAGR of theVein Illumination Devices Market, and What Factors Will Drive It?

The vein illumination devices market size will rise from $0.55 billion in 2024 to $0.62 billion in 2025 at a compound annual growth rate (CAGR) of 13.0%. The growth is due to the increased use of these devices during the pandemic for venous access in COVID-19 patients, rising awareness among healthcare professionals, growing healthcare expenditure, patient education initiatives, and increased intravenous drug use.

The vein illumination devices market will grow to $1 billion by 2029, with a CAGR of 12.6%. The growth is due to increased investment in healthcare infrastructure, medical staff training, cost efficiency, demand for venipuncture assistance, and greater use in remote healthcare. Trends include miniaturization, wireless connectivity, augmented reality solutions, and holographic projection technology.

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What Are the Key Market Innovations in theVein Illumination Devices Market Over the Coming Years?

Companies in the vein illumination devices market are developing near-infrared vascular imaging technology to improve medical procedure accuracy and efficiency. In April 2022, Christie Medical Holdings launched VeinViewer, a near-infrared imaging device that projects real-time HD images of veins onto the patient’s skin. It helps improve accuracy in procedures, particularly in plasma donation centers, by illuminating veins up to 10 mm deep.

Who Are the Top Companies Driving Innovation and Growth in theVein Illumination Devices Market?

Major companies operating in the vein illumination devices market are Siemens Healthineers, Koninklijke Philips N.V., Baxter International Inc., Olympus Corporation, B. Braun Medical Inc., AngioDynamics, Canon Medical Systems Corporation, Veinlite, AccuVein Inc., Delta Medical International Ltd., Christie Medical Holdings Inc., Venoscope, Near Infrared Imaging, BLZ Technology Inc., Aimvein.com, Evena Medical, ZD Medical Inc., SIFSOF LLC, IBIS Medical, Infinium Medical Inc., Shenzhen Bestman Instrument Co. Ltd., DermLite LLC, Novarix Ltd., Wuxi Biomedical Technology Co. Ltd., Vino Optics

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Which Key Market Segments Comprise the Vein Illumination Devices Market and Drive Its Revenue Growth?

The vein illumination devices market covered in this report is segmented –

1) By Product Type: Table-Top Devices, Hand-Held Devices

2) By Technology: Transillumination, Near Infrared Illumination, Ultrasound Technologies

3) By Application: Intravenous Access, Blood Draw, Venipuncture Assistance, Sclerotherapy, Other Applications

4) By End-User: Hospitals And Clinics, Rehabilitation Facilities, Blood Donation Camps, Academic Institutions, Nursing Homes, Other End-Users

Subsegments:

1) By Table-Top Devices: Desktop Or Stationary Vein Illuminators, Wall-Mounted Vein Illumination Systems

2) By Hand-Held Devices: Portable Vein Illuminators, Mobile Or Compact Vein Detection Devices

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Which Regions Are Emerging as Leaders in the Vein Illumination Devices Market?

North America was the largest region in the vein illumination devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the vein illumination devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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