Global Vein Illumination Devices Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (undefined)

Global Vein Illumination Devices Market is Segmented By Technology (Infrared radiation, Transillumination, Ultrasound, and Others), By Application (Intravenous access, Blood draw, Surgery, and Others), By End User (Hospitals, Blood donation camps, Academic institutions, and Others), By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa). The report offers the value (in USD million) for the above-mentioned segments.

Global Vein Illumination Devices Market Trends

  • Integration with intravenous catheters: Leading market players are integrating vein illumination technologies with intravenous catheter systems to improve vascular access. This provides illumination directly at the catheterization site for enhanced visualization. For instance, on October 11, 2023, B. Braun Medical Inc. a medical device manufacturer launched Introcan Safety 2 IV Catheter with multi-access blood control. It has automatic needle stick protection to reduce the risk of blood borne pathogen exposure throughout the IV process.
  • Adoption of smartphone-based vein imaging: Smartphone-based vein visualization is an emerging trend in the market. Devices like Veinseek Pro attach to a smartphone is use in cameras for vein imaging. This provides greater portability and affordability. The companies are focusing on developing user-friendly and high-performance mobile apps for vein imaging. The smartphone integration trend is expected to fuel adoption.

Global Vein Illumination Devices Market Regional Insights

  • North America is expected to hold the largest share of the vein illumination devices market in 2023, accounting for 35.6% of the global market. This is due to the presence of a large number of healthcare institutions, a high prevalence of chronic diseases, and a growing awareness of vein illumination devices in the region. For instance, in February 2021, AccuVein Inc. a medical device manufacturer announcement on the infusion nurses society (INS) supports using NIRNear Infrared) vein viewing equipment for venipuncture procedures to aid vein selection by evaluating peripheral venous systems.
  • Europe is expected to be the second-largest market for vein illumination devices, accounting for 29.3% of the global market in 2023. This is due to the increasing prevalence of chronic diseases, such as diabetes and cardiovascular diseases, in the region.
  • Asia Pacific is expected to be the fastest-growing market for vein illumination devices during the forecast period. This is due to the growing healthcare infrastructure, increasing awareness of vein illumination devices, and rising prevalence of chronic diseases in the region.

Figure 1. Global Vein Illumination Devices Market Share (%), By Region, 2023