Portable Vein Illuminator Industry: Potential opportunity and Future Scope in Upcoming Years

 

The portable vein illuminator is a medical device that can be used for identifying the presence of veins on the skin. This device has an infrared light source that produces an image of the veins on the skin. This type of light source is absorbed by hemoglobin in the blood, which causes a reduction in reflection from the veins. The custom detection system uses this reduced light reflection to digitally project the location of veins onto the patient's skin. The red laser makes the mapping visible to the clinician. Hospitals are the largest users of vein illuminators. Hospitals use the devices for a variety of purposes, including blood donation. This technology allows physicians to perform the procedure without the need for painful multiple pricks.

𝐓𝐨 𝐆𝐞𝐭 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐆𝐫𝐚𝐛 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐇𝐞𝐫𝐞: https://bit.ly/3SSJGAR

Market Drivers:

Rising applications of vein illuminators for administration of IV fluid and IV chemotherapy is estimated to augment growth of the global and Japan portable vein illuminator market over the forecast period. For instance, in February 2021, AccuVein Inc. declared that newly released Infusion Therapy Standards of Practice recommends the usage of NIR vein visualization technology or assessing peripheral venous sites. Moreover, these gadgets are very portable and they also reduce the puncture time and pain, which is anticipated to boost growth of the global and Japan portable vein illuminator Infusion Therapy Standards of Practice recommend use of NIR vein visualization technology in venipuncture procedures market over the forecast period.

Market Restraints:

The prevalence of conventional methods of vein detection is estimated to hamper growth of the global and Japan portable vein illuminator market over the forecast period.

Regional Analysis:

North America is estimated to witness robust growth in the global and Japan portable vein illuminator market over the forecast period, due to increasing demand of technologically advanced medical devices in hospitals and care centers. Furthermore, Europe is also anticipated to witness significant growth in the global and Japan portable vein illuminator market over the forecast period, owing to the presence of key players and rising product approvals.

Key players:

Key players operating in the global and Japan portable vein illuminator market are Near Infrared Imaging, Inc., AccuVein, Inc., Venoscope, LLC, Christie Medical Holdings, Inc., Venoscope, LLC and Vuetek Scientific, LLC.

Royal Philips leader in health technology signed an agreement for acquiring Cardiologs, in November, 2021. This expansion is being done to strengthen their position their cardiac diagnostics and monitoring using cloud technology, artificial intelligence and innovative software technology.