Amid the COVID-19 crisis, the global market for Vein Illumination Technologies estimated at US$94.7 Million in the year 2020, is projected to reach a revised size of US$614.4 Million by 2027, growing at a CAGR of 30.6% over the analysis period 2020-2027. Near Infrared Illumination (NIR), one of the segments analyzed in the report, is projected to record a 34.7% CAGR and reach US$558 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Transillumination segment is readjusted to a revised 9.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $28.5 Million, While China is Forecast to Grow at 29.1% CAGR
The Vein Illumination Technologies market in the U.S. is estimated at US$28.5 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$102.4 Million by the year 2027 trailing a CAGR of 29.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.7% and 25.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 20.5% CAGR.
Ultrasound Segment to Record 15.6% CAGR
In the global Ultrasound segment, USA, Canada, Japan, China and Europe will drive the 15.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$7.2 Million in the year 2020 will reach a projected size of US$19.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$71.9 Million by the year 2027.We bring years of research experience to this 8th edition of our report. The 142-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- AccuVein Inc.
- Cambridge Medical (Asia) Private Limited
- Christie Medical Holdings, Inc.
- Near Infrared Imaging Inc.
- Sharn Anesthesia, Inc.
- TransLite LLC (Veinlite)
- Venoscope, LLC.
- Vuetek Scientific LLC.
- ZD Medical Inc.
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Vein Illumination Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
TABLE 1: Vein Illumination Technologies Global Market Estimates and Forecasts in US$ by Region/Country: 2020-2027
TABLE 2: Vein Illumination Technologies Market Share Shift across Key Geographies Worldwide: 2020 VS 2027
TABLE 3: Near Infrared Illumination (NIR) (Technology) World Market by Region/Country in US$: 2020 to 2027
TABLE 4: Near Infrared Illumination (NIR) (Technology) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027
TABLE 5: Transillumination (Technology) Potential Growth Markets Worldwide in US$: 2020 to 2027
TABLE 6: Transillumination (Technology) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027
TABLE 7: Ultrasound (Technology) Geographic Market Spread Worldwide in US$: 2020 to 2027
TABLE 8: Ultrasound (Technology) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027
TABLE 9: Hospitals (End-Use) Demand Potential Worldwide in US$ by Region/Country: 2020-2027
TABLE 10: Hospitals (End-Use) Share Breakdown Review by Region/Country: 2020 VS 2027
TABLE 11: Rehabilitation Centers (End-Use) Worldwide Latent Demand Forecasts in US$ by Region/Country: 2020-2027
TABLE 12: Rehabilitation Centers (End-Use) Distribution of Global Sales by Region/Country: 2020 VS 2027
TABLE 13: Blood Donation Camps (End-Use) Sales Estimates and Forecasts in US$ by Region/Country for the Years 2020 through 2027
TABLE 14: Blood Donation Camps (End-Use) Global Market Share Distribution by Region/Country for 2020 and 2027
TABLE 15: Academic Institutions (End-Use) Global Opportunity Assessment in US$ by Region/Country: 2020-2027
TABLE 16: Academic Institutions (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2020 VS 2027
TABLE 17: Other End-Uses (End-Use) Worldwide Sales in US$ by Region/Country: 2020-2027
TABLE 18: Other End-Uses (End-Use) Market Share Shift across Key Geographies: 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Vein Illumination Market Share (in %) by Company: 2019 & 2025
Market Analytics
TABLE 19: Vein Illumination Technologies Market in US$ in the United States by Technology: 2020-2027
TABLE 20: United States Vein Illumination Technologies Market Share Breakdown by Technology: 2020 VS 2027
TABLE 21: United States Vein Illumination Technologies Latent Demand Forecasts in US$ by End-Use: 2020 to 2027
TABLE 22: Vein Illumination Technologies Market Share Breakdown in the United States by End-Use: 2020 VS 2027
CANADA
TABLE 23: Vein Illumination Technologies Market Analysis in Canada in US$ by Technology: 2020-2027
TABLE 24: Canadian Vein Illumination Technologies Market Share Breakdown by Technology: 2020 VS 2027
TABLE 25: Canadian Vein Illumination Technologies Market Quantitative Demand Analysis in US$ by End-Use: 2020 to 2027
TABLE 26: Canadian Vein Illumination Technologies Market Share Analysis by End-Use: 2020 VS 2027
JAPAN
TABLE 27: Japanese Medium & Long-Term Outlook for Vein Illumination Technologies Market in US$ by Technology: 2020-2027
TABLE 28: Japanese Vein Illumination Technologies Market Percentage Share Distribution by Technology: 2020 VS 2027
TABLE 29: Japanese Demand Estimates and Forecasts for Vein Illumination Technologies in US$ by End-Use: 2020 to 2027
TABLE 30: Vein Illumination Technologies Market Share Shift in Japan by End-Use: 2020 VS 2027
CHINA
TABLE 31: Vein Illumination Technologies Market Estimates and Forecasts in China in US$ by Technology: 2020-2027
TABLE 32: Vein Illumination Technologies Market in China: Percentage Share Analysis by Technology for 2020 and 2027
TABLE 33: Chinese Demand for Vein Illumination Technologies in US$ by End-Use: 2020 to 2027
TABLE 34: Chinese Vein Illumination Technologies Market Share Breakdown by End-Use: 2020 VS 2027
EUROPE
Market Facts & Figures
European Vein Illumination Market: Competitor Market Share Scenario (in %) for 2019 & 2025
Market Analytics
TABLE 35: European Vein Illumination Technologies Market Demand Scenario in US$ by Region/Country: 2018-2025
TABLE 36: European Vein Illumination Technologies Market Share Shift by Region/Country: 2020 VS 2027
TABLE 37: European Vein Illumination Technologies Market Assessment in US$ by Technology: 2020-2027
TABLE 38: Vein Illumination Technologies Market in Europe: Percentage Breakdown of Sales by Technology for 2020 and 2027
TABLE 39: European Vein Illumination Technologies Addressable Market Opportunity in US$ by End-Use: 2020-2027
TABLE 40: European Vein Illumination Technologies Market Share Analysis by End-Use: 2020 VS 2027
FRANCE
TABLE 41: French Vein Illumination Technologies Market Estimates and Projections in US$ by Technology: 2020-2027
TABLE 42: French Vein Illumination Technologies Market Share Breakdown by Technology: 2020 VS 2027
TABLE 43: Vein Illumination Technologies Quantitative Demand Analysis in France in US$ by End-Use: 2020-2027
TABLE 44: French Vein Illumination Technologies Market Share Analysis: A 7-Year Perspective by End-Use for 2020 and 2027
GERMANY
TABLE 45: German Vein Illumination Technologies Latent Demand Forecasts in US$ by Technology: 2020-2027
TABLE 46: German Vein Illumination Technologies Market Share Breakdown by Technology: 2020 VS 2027
TABLE 47: Vein Illumination Technologies Market in Germany: Annual Sales Estimates and Forecasts in US$ by End-Use for the Period 2020-2027
TABLE 48: Vein Illumination Technologies Market Share Distribution in Germany by End-Use: 2020 VS 2027
ITALY
TABLE 49: Vein Illumination Technologies Market Estimates and Forecasts in Italy in US$ by Technology: 2020-2027
TABLE 50: Vein Illumination Technologies Market in Italy: Percentage Share Analysis by Technology for 2020 and 2027
TABLE 51: Italian Demand for Vein Illumination Technologies in US$ by End-Use: 2020 to 2027
TABLE 52: Italian Vein Illumination Technologies Market Share Breakdown by End-Use: 2020 VS 2027
UNITED KINGDOM
TABLE 53: United Kingdom Medium & Long-Term Outlook for Vein Illumination Technologies Market in US$ by Technology: 2020-2027
TABLE 54: United Kingdom Vein Illumination Technologies Market Percentage Share Distribution by Technology: 2020 VS 2027
TABLE 55: United Kingdom Demand Estimates and Forecasts for Vein Illumination Technologies in US$ by End-Use: 2020 to 2027
TABLE 56: Vein Illumination Technologies Market Share Shift in the United Kingdom by End-Use: 2020 VS 2027
REST OF EUROPE
TABLE 57: Rest of Europe Vein Illumination Technologies Market Assessment in US$ by Technology: 2020-2027
TABLE 58: Vein Illumination Technologies Market in Rest of Europe: Percentage Breakdown of Sales by Technology for 2020 and 2027
TABLE 59: Rest of Europe Vein Illumination Technologies Addressable Market Opportunity in US$ by End-Use: 2020-2027
TABLE 60: Rest of Europe Vein Illumination Technologies Market Share Analysis by End-Use: 2020 VS 2027
ASIA-PACIFIC
TABLE 61: Asia-Pacific Vein Illumination Technologies Market Estimates and Projections in US$ by Technology: 2020-2027
TABLE 62: Asia-Pacific Vein Illumination Technologies Historic Market Analysis in US$ by Technology: 2020 VS 2027
TABLE 63: Vein Illumination Technologies Quantitative Demand Analysis in Asia-Pacific in US$ by End-Use: 2020-2027
TABLE 64: Asia-Pacific Vein Illumination Technologies Market Share Analysis: A 7-Year Perspective by End-Use for 2020 and 2027
REST OF WORLD
TABLE 65: Vein Illumination Technologies Market Analysis in Rest of World in US$ by Technology: 2020-2027
TABLE 66: Rest of World Vein Illumination Technologies Market Share Breakdown by Technology: 2020 VS 2027
TABLE 67: Rest of World Vein Illumination Technologies Market Quantitative Demand Analysis in US$ by End-Use: 2020 to 2027
TABLE 68: Rest of World Vein Illumination Technologies Market Share Analysis by End-Use: 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 38
