Zion Market Research Global Vein Illuminator Market, 2016–2024 | Page 3

Vein Illuminator Market
near infrared illumination (NIR) and transillumination. On the basis of application, the market
is categorized into blood draw, IV access, and other applications. The different end user
industry where the vein illuminator is used includes hospitals, blood donation camps,
rehabilitation centers, academic institutions and others. Region wise the vein illuminator
market is diversified into Asia-Pacific, Europe, North America and Rest of the World.
Global Vein Illuminator Market: Growth Factors
The revenue of the vein illuminator market is growing at a significant rate owing to its
increased use in the peripherally inserted central catheter (PICC) procedures. The device is
also used in the sclerotherapy which is a therapy for the spider veins and varicose veins.
The major factor that is driving the vein illuminator market is the growing inclination of
nurses and doctors to use technologically advanced devices for the treatments. Another
factor that is contributing to the market growth is the growing investments in the healthcare
expenditures. The launch of the new products also adds momentum to the growth of the
vein illuminator market. The factors that hamper the market growth are the high cost of the
devices and the lack of awareness about the vein illumination technology.
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Global Vein Illuminator Market: Regional Analysis
The region that dominates the vein illuminator market is the North American region. This is
due to a large number of market players in the region and the increasing awareness among
the people to use technologically advanced devices or systems for their treatment or the
routine procedures such as inserting the PICC port or the collection of the blood samples.
Europe is also expected to have a good market growth in the coming years owing to the