DUBLIN, March 16, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/tnpvtb/vein_illuminator) has announced the addition of the "Vein Illuminator Market by Technology (Transillumination, Infrared Technology and Ultrasound), Application, End-Users (Hospitals, Rehabilitation Centers, Blood Donation Camps, Academic Institutions, and Others), & Geography - Global forecast to 2022" report to their offering.
The vein illuminator market is expected to grow at a CAGR of 32.41% between 2016 and 2022. The growth of the market is expected to be driven by the growing aging population, pediatric applications and growing demand for high patient satisfaction level.
Out of the major end-user industries, market for hospitals is expected to grow at a high CAGR between 2016 and 2022 owing to the demand for technologically advanced medical equipment that can contribute to the increased satisfaction level of patients along with reduced discomfort. Academic institutions are expected to grow at the second-highest CAGR during the forecast period.
The increased research and practical application in these institutions drives the demand for vein illuminator devices in this market. However, the prevalence of traditional methods of vein detection as well as the high cost of these devices hinders the adoption of vein illuminators.
In terms of geography, North America is expected to witness high growth in this market between 2016 and 2022 owing to the demand for highly advanced medical devices in hospitals, the presence of major vein illuminator-manufacturing companies, and increased importance of patient's satisfaction.
Companies Mentioned:
Report Structure:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Global Vein Illuminator Market, By Technology
8 Global Vein Illuminator Market, By Application
9 Global Vein Illuminator Market, By End User
10 Global Vein Illuminator Market, By Geography
11 Competitive Landscape
12 Company Profiles
13 Appendix
For more information visit http://www.researchandmarkets.com/research/tnpvtb/vein_illuminator
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SOURCE Research and Markets
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