Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
The vein finder is a tool which is used during venipuncture procedures in hospitals and various testing laboratories. Vein finder device is such tool which assists healthcare professionals in finding the chief vein for blood draws and IV starts. They help in locating veins and avoid valves and bifurcations. Vein finding or vein illuminations is a novel technology which aids healthcare professionals is searching of best veins. It is also called as vein mapping or vein visualization, this technology gives real time visual map of vein on the surface of skins, thereby facilitating in detection of invisible veins without any pain.
The North America vein finder market is witnessing rapid growth during the forecast period of 2021 to 2027. The vein finder technology is effective for hard sticks, owing to factors such as skin tone, weight, age and dehydration. The major factors such as rising FDA approvals for innovative technologies is boosting the growth of North America vein finder market. The growing demand of R&D is also refuelling the growth of North America vein finder market. The rising disposable income is also propelling the growth of North America vein finder market. However, high cost of devices is hindering the growth of North America vein finder market.
The exclusive COVID-19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the vein finder market. In addition, complete analysis of changes on vein finder organizations expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on North America economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The COVID-19 has almost affected every market is healthcare industries positively or negatively. Medical device companies initially focused on the immediate crisis response such as keeping employees safe, ensuring business continuity and rapid changes in the healthcare ecosystems. Owing to drastic drop in elective medical procedures, many of which are being postponed or cancelled so that hospitals can focus on treating COVID-19 patients, results in drop in use of other products. Thereby, the vein finder market is get hampered by the COVID-19 pandemics.
The North America vein finder market is bifurcated by type, applications, product, technology, end user and country.
Vein finder types such as active vein finder and passive vein finder are comprised in the North America vein finder market. In which passive vein finder is also contributing in the growth of North America vein finder market. The rising adoption of advanced technologies in healthcare industry is propelling growth of North America vein finder market. The rising geriatric population prone to chronic illness is also boosting the growth of North America vein finder market. The growing use of vein finder in hospitals and clinics is also driving the growth of North America vein finder market.
Application such as blood draw/vein puncture and IV access are comprised in the North America vein finder market. In which blood draw/ vein puncture is also contributing in the growth of North America vein finder market. The rising awareness about technology used in healthcare is propelling growth of North America vein finder market. The rising cases of hospitalizations is also boosting the growth of North America vein finder market.
Products such as benchtop and handheld is comprised in the North America vein finder market. In which benchtop segment is also contributing in the growth of North America vein finder market. The rising flourishing fashion sector in healthcare industry is propelling the growth of North America vein finder market. The emerging need of personal care is also refuelling growth of North America vein finder market. The rising customer satisfaction achieved by hospitals and clinics are also boosting growth of North America vein finder market.
Technology such as infra-red, ultra-violet and ultrasound is comprised in the growth of North America vein finder market. in which ultra-violet is also contributing in the growth of North America vein finder market. The rising adoption of technology in healthcare industries is propelling growth of North America vein finder market. The growing adoption of vein illuminators is also boosting growth of North America vein finder market. The growing need of advanced healthcare devices is also refuelling the growth of North America vein finder market.
End users such as hospitals, ambulatory surgical centres, specialized clinics and blood donation centres are comprised in the North America vein finder market. In which ambulatory surgical centres is also contributing in the growth of North America vein finder market. The ambulatory surgical centres provides same day surgical care to the outpatients. The rising number of surgeries is propelling the growth of North America vein finder market. The rising prevalence of chronic diseases is boosting growth of North America vein finder market.
The North America vein finder market is studied for key countries such as US, Mexico and Canada. In which United States is anticipated to dominate the market in 2020. The rising disposable income is propelling growth of North America vein finder market. The growing healthcare expenditure is also boosting growth of North America vein finder market. The rising awareness about use of medical devices is also refuelling growth of North America vein finder market.
The major key players in vein finder market are Christie Medical Holdings Inc., Accuvein Inc., Translite Llc, Near Infrared Imaging Inc., Teleflex Incorporated (Vuetek Scientific Llc), Venoscope, Koninklijke Philips N.V., B. Braun Melsungen Ag, Vino Optics and Becton, Dickinson And Company among others.
June 2019: CARE stream group announced their acquisition of Christie Medical Holdings, Inc., of Memphis, TN. Chirstie Medictal Holdings is a leader in vein visualization that operates in 50 countries worldwide.
February 2018: AccuVein AV 400 was issued a medical device license for its usage in Canada.
The report analyses the vein finder market based on type, application, product, technology, end user and country. The report also imparts the dominating segments of the market. The type segment is dominated by the active vein finder. The application segment is dominated by IV access. Likewise, the product segment is leaded by handheld and technology segment is dominated by infra-red. Furthermore, the end user segment is dominated by the hospitals. The United States is anticipated to dominate the market in 2020. The report also comprised of the impact of COVID-19 on vein finder market. The COVID-19 has almost affected every market is healthcare industries positively or negatively. Medical device companies initially focused on the immediate crisis response such as keeping employees safe, ensuring business continuity and rapid changes in the healthcare ecosystems. Owing to drastic drop in elective medical procedures, many of which are being postponed or cancelled so that hospitals can focus on treating COVID-19 patients, results in drop in use of other products. Thereby, the vein finder market is get hampered by the COVID-19 pandemics. The report also covered the major key players operating in the market.
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