Market Overview:
The global non-contact vein illumination devices market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to factors such as the increasing incidence of chronic diseases, rising demand for minimally invasive procedures, and technological advancements in non-contact vein illumination devices. Based on type, the global non-contact vein illumination devices market is segmented into hyper-spectral sensor, RDAV, and others. The hyper-spectral sensor segment is expected to account for the largest share of the global non-contact vein illumination devices market in 2018 owing to its superior performance and accuracy compared with other types of sensors. Based on application, the global non-contact vein illumination devices market is segmented into hospitals, rehabilitation centers, and research institutions.
Product Definition:
Non-contact vein illumination devices use light to help visualize veins. This is important because it allows healthcare professionals to insert needles into veins more easily, which can reduce the risk of complications.
Hyper-Spectral Sensor:
Hyper spectral sensors are a new class of non-contact vein illumination devices that can be used for peripheral vascular imaging. They produce images by the selective emission of light from a source and detecting the reflected light. The major advantage of this technique is that it does not require any contact with patient’s skin, which makes it safer for use in patients suffering from latex allergies or sensitivity.
RDAV:
RDav is an acronym for Real-time Davydov LASER Excitation. It is a laser technique that utilizes the principle of optical absorption by carbon dioxide to provide real-time images of blood vessels in the skin.
Application Insights:
Based on application, the global market has been segmented into hospitals, rehabilitation centers and research institutions. Hospitals held the largest share in 2017 owing to increasing prevalence of chronic diseases such as heart diseases, cancer and diabetes. This is likely to increase demand for NCVID over the forecast period. In addition, hospitals are focusing on reducing hospital stay duration by adopting innovative technologies such as NCVID that help in detecting early signs of vein infection and other complications related to vein treatment in a short period of time.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of advanced technologies, and increasing government funding are some major factors driving the growth. Moreover, rising incidence of chronic diseases such as stroke and heart failure is expected to boost demand for non-contact vein illumination devices during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving healthcare facilities in emerging countries such as China and India. In addition, growing medical tourism industry due to affordable treatment rates in these countries will also drive product demand during the estimated time span. Furthermore, an increase in R&D activities by various pharmaceutical companies will further propel market development across this region over next eight years (2030).
The key players operating within this region are Stryker Corporation; Zimmer Biomet; Koninklijke Philips N.V.; Becton & Dickinson (BD) Inc.
Growth Factors:
- Increasing prevalence of vein diseases and disorders: The global prevalence of vein diseases is increasing at a rapid pace. This is primarily attributed to the changing lifestyles and growing aging population. According to a study by the American Venous Forum, nearly half of the adult population in the U.S. suffers from some form of venous disease. This number is expected to grow in the coming years due to rising incidence rates of obesity and other risk factors for venous diseases. Thus, there is an increasing demand for non-contact vein illumination devices that can help in early diagnosis and treatment of these conditions.
- Technological advancements: The non-contact vein illumination device market is witnessing rapid technological advancements with new products being launched regularly into the marketplaces These devices are becoming increasingly sophisticated with features such as color recognition, image capture, etc., that make them more user-friendly and efficient than traditional methods such as ultrasound or infrared imaging techniques used for detecting veins below the surface of skin .This has led to an increase in their adoption by healthcare professionals worldwide
Scope Of The Report
Report Attributes
Report Details
Report Title
Non-Contact Vein Illumination Devices Market Research Report
By Type
Hyper-Spectral Sensor, RDAV, Others
By Application
Hospitals, Rehabilitation Centers, Research Institutions
By Companies
GE Healthcare, Christie Medical Holdings, AccuVein, TransLite, Venoscope, Sharn Anesthesia, GE Healthcare
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
210
Number of Tables & Figures
147
Customization Available
Yes, the report can be customized as per your need.
Global Non-Contact Vein Illumination Devices Market Report Segments:
The global Non-Contact Vein Illumination Devices market is segmented on the basis of:
Types
Hyper-Spectral Sensor, RDAV, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Rehabilitation Centers, Research Institutions
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE Healthcare
- Christie Medical Holdings
- AccuVein
- TransLite
- Venoscope
- Sharn Anesthesia
- GE Healthcare
Highlights of The Non-Contact Vein Illumination Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hyper-Spectral Sensor
- RDAV
- Others
- By Application:
- Hospitals
- Rehabilitation Centers
- Research Institutions
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Non-Contact Vein Illumination Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Non-contact vein illumination devices are a type of medical device that uses light to visualize veins in the body. These devices use either lasers or LEDs to emit short, focused pulses of light that travel through the skin and into the veins below. The light then reflects off of any blood vessels in sight, allowing doctors to see them clearly.
Some of the major companies in the non-contact vein illumination devices market are GE Healthcare, Christie Medical Holdings, AccuVein, TransLite, Venoscope, Sharn Anesthesia, GE Healthcare.
The non-contact vein illumination devices market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Non-Contact Vein Illumination Devices Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Non-Contact Vein Illumination Devices Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Non-Contact Vein Illumination Devices Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Non-Contact Vein Illumination Devices Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Non-Contact Vein Illumination Devices Market Size & Forecast, 2018-2028 4.5.1 Non-Contact Vein Illumination Devices Market Size and Y-o-Y Growth 4.5.2 Non-Contact Vein Illumination Devices Market Absolute $ Opportunity
Chapter 5 Global Non-Contact Vein Illumination Devices Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Non-Contact Vein Illumination Devices Market Size Forecast by Type
5.2.1 Hyper-Spectral Sensor
5.2.2 RDAV
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Non-Contact Vein Illumination Devices Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Non-Contact Vein Illumination Devices Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Rehabilitation Centers
6.2.3 Research Institutions
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Non-Contact Vein Illumination Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Non-Contact Vein Illumination Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Non-Contact Vein Illumination Devices Analysis and Forecast
9.1 Introduction
9.2 North America Non-Contact Vein Illumination Devices Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Non-Contact Vein Illumination Devices Market Size Forecast by Type
9.6.1 Hyper-Spectral Sensor
9.6.2 RDAV
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Non-Contact Vein Illumination Devices Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Rehabilitation Centers
9.10.3 Research Institutions
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Non-Contact Vein Illumination Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Non-Contact Vein Illumination Devices Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Non-Contact Vein Illumination Devices Market Size Forecast by Type
10.6.1 Hyper-Spectral Sensor
10.6.2 RDAV
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Non-Contact Vein Illumination Devices Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Rehabilitation Centers
10.10.3 Research Institutions
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Non-Contact Vein Illumination Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Non-Contact Vein Illumination Devices Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Non-Contact Vein Illumination Devices Market Size Forecast by Type
11.6.1 Hyper-Spectral Sensor
11.6.2 RDAV
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Non-Contact Vein Illumination Devices Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Rehabilitation Centers
11.10.3 Research Institutions
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Non-Contact Vein Illumination Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Non-Contact Vein Illumination Devices Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Non-Contact Vein Illumination Devices Market Size Forecast by Type
12.6.1 Hyper-Spectral Sensor
12.6.2 RDAV
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Non-Contact Vein Illumination Devices Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Rehabilitation Centers
12.10.3 Research Institutions
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Non-Contact Vein Illumination Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Non-Contact Vein Illumination Devices Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Non-Contact Vein Illumination Devices Market Size Forecast by Type
13.6.1 Hyper-Spectral Sensor
13.6.2 RDAV
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Non-Contact Vein Illumination Devices Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Rehabilitation Centers
13.10.3 Research Institutions
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Non-Contact Vein Illumination Devices Market: Competitive Dashboard
14.2 Global Non-Contact Vein Illumination Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Healthcare
14.3.2 Christie Medical Holdings
14.3.3 AccuVein
14.3.4 TransLite
14.3.5 Venoscope
14.3.6 Sharn Anesthesia
14.3.7 GE Healthcare