Analysts meticulously research for up to 3-4 months to put together one suite of reports, a MedSuite, which is a comprehensive analysis of a group of healthcare markets. This MedCore is one portion of that analysis which focuses on the Vein Visualization Device market segment and provides detailed analysis on the Market Size, Unit Sales, ASPs, and Company Market Shares.
Vein Visualization Device Market Insights
The total market for vein visualization systems grew in 2019 and is expected to continue to grow throughout the forecast period. This will be driven by strong double-digit to single-digit increases in unit sales, as well as moderate ASP growth. Future growth may be limited by vein visualization technologies saturating the market and, therefore, limiting new device sales.
Unit sales in this market include both the sales of new vein visualization devices as well as upgrades to preexisting devices. As companies continually improve the quality of their products, many hospitals will purchase upgraded versions of the device to replace their current ones, even if the current devices are still functioning.
Vein Visualization Device Market Insights
The total market for vein visualization systems grew in 2019 and is expected to continue to grow throughout the forecast period. This will be driven by strong double-digit to single-digit increases in unit sales, as well as moderate ASP growth. Future growth may be limited by vein visualization technologies saturating the market and, therefore, limiting new device sales.
Unit sales in this market include both the sales of new vein visualization devices as well as upgrades to preexisting devices. As companies continually improve the quality of their products, many hospitals will purchase upgraded versions of the device to replace their current ones, even if the current devices are still functioning.
