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Vein Finder Market Projected to Reach Unprecedented Growth by 2028

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Ganesh Shinde
Vein Finder Market Projected to Reach Unprecedented Growth by 2028

Advancements in healthcare technology have fuelled a spate of innovations in medical devices, with top-of-the-line product launches presenting enhanced device functionalities.

The global Vein Finder Market is anticipated to reach US$ 86.8 Million by 2028, from US$ 42.1 Million in 2021. Throughout the forecast period, the market is expected to increase at a CAGR of 10.9%.

Innovations in vein finder technology are taking the medical devices sector by storm, with advanced vein finders backed by latest technologies acting as a boon for physicians, nurses, and phlebotomists. The last two years have witnessed notable innovations in vein finder technology, the prominent ones being: 

  • The world's first slide style palm vein authentication technology was introduced in the vein finder market by Fujitsu Laboratories Ltd. in 2017. This compact technology is capable of being integrated into tablets and benchtop mobile devices.
  • In 2018, Vino Optics launched the Oxy-Iso Paramedic vein glasses, a pair of sunglasses to help physicians and phlebotomists easily locate veins through enhanced image display by filtering ultraviolet rays.
  • This technology is supposedly beneficial for healthcare professionals suffering from colour blindness, as these vein finders help physicians locate veins by enhancing their ability to view reds and greens.

"Innovations like these are expected to increase adoption of advanced vein finders in hospitals and healthcare establishments, leading to significant revenue growth of the global vein finder market. Our analysis of the performance of the vein finder market reveals an absolute $ opportunity of US$ 3.0 Million between 2018 and 2019 and the global market is estimated to register a stellar growth rate of 10.9% in the coming decade." Practice Head – Healthcare & Medical Devices, Future Market Insights

Key Players:

  • AccuVein Inc.
  • Christie Medical Holdings
  • Koninklijke Philips N.V
  • Osang Healthcare Co. Ltd
  • Teleflex Inc. (Acq. VueTek Scientific, LLC.)
  • TransLite, LLC
  • ZD Medical
  • Vivolight
  • Venoscope LLC
  • Shenzhen Bestman Instruments Co., Ltd

Browse More@ https://www.futuremarketinsights.com/reports/vein-finder-market

Vein Finder Market by Category

By Product:

  • Portable
  • Benchtop

By Technology:

  • Ultraviolet
  • Infrared
  • Ultrasound

By End User:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Diagnostic Centers and Path Labs
  • Veterinary Clinics
  • Home Care Settings
  • Blood Banks


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Ganesh Shinde
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