Towards Healthcare
Vein Finder Market Size to Capture USD 123.04 Mn by 2034

Vein Finder Market Size, Technology, Enhancing Patient Care and Efficiency

According to market projections, the vein finder sector is expected to grow from USD 53.43 million in 2024 to USD 123.04 million by 2034, reflecting a CAGR of 8.7%. In 2023, near-infrared technology led the vein finder market with a 57% share, while tabletop models dominated at 55%. Hospitals and clinics were the top users, holding 62% of the market. Technology integration is driving innovation, improving accuracy, and enhancing patient care, fueling market growth.

Category: Medical Devices Insight Code: 5126 Format: PDF / PPT / Excel

Deepa Pandey

Principal Consultant

Aditi Shivarkar

Reviewed By

Vein Finder Market Size, Key Players and Competitive Strategies

The vein finder market size is projected to reach USD 123.04 million by 2034, growing from USD 58.07 million in 2025, at a CAGR of 8.7% during the forecast period from 2025 to 2034. The growing demand for intravenous drug delivery and technological advancements boost the market.

Vein Finder Market Size 2023 - 2034

Report Highlights

  • North America dominated the global market in 2024.
  • Asia-Pacific is expected to witness the fastest rate of growth during the predicted timeframe.
  • By product type, the portable segment held a dominant presence in the market in 2024.
  • By product type, the benchtop segment is expected to grow at the fastest rate in the market during the forecast period.
  • By technology, the infrared segment held the largest share of the market in 2024.
  • By technology, the ultrasound segment is anticipated to grow with the highest CAGR in the market during the studied years.
  • By end-user, the hospitals segment led the global market in 2024.
  • By end-user, the diagnostic & pathology laboratories segment is projected to expand rapidly in the market in the coming years.

Vein Finder Market Overview

According to the World Health Organization, by 2050, the number of people aged 60 and older will double, reaching 2.1 billion, while those aged 80 or older will triple to 426 million. With the aging population, more people will face health challenges, making vein finding harder. This increased demand calls for advancements in vein finder technology.

The vein finder market deals with devices designed to help healthcare professionals locate veins in patients' bodies. These devices use various technologies like near-infrared light to illuminate veins, making them easier to see, especially in patients with difficult-to-locate veins, such as children, elderly individuals, or those with darker skin tones.

The importance of vein finders lies in their ability to assist medical staff in tasks like venipuncture (drawing blood), inserting IV lines, or administering medications. By accurately identifying veins, these devices can reduce patient discomfort, minimize the risk of complications like bruising or multiple needle sticks, and improve overall efficiency in medical procedures.

For instance,

  • Improper use or sharing of syringes can cause different infections acquired in hospitals or elsewhere. According to the World Health Organization (WHO), approximately 1.7 million individuals contracted Hepatitis B, 315,000 Hepatitis C, and over 33,800 HIV infections due to unsafe injections. The increasing incidence of infections from unsafe injections is anticipated to drive the acceptance of these tools by medical practitioners. Implementing these devices will reduce infections, alleviating the strain on hospitals and patients.

Vein finders have a range of applications across different medical settings, including hospitals, clinics, emergency rooms, and even in-home healthcare. They are precious when vein visibility is poor or healthcare providers must work quickly and accurately.

For instance,

  • The growing popularity of mobile health is expected to increase the use of vein finders in hospitals and clinics. Newer mobile apps with advanced technology can now scan patients' skin to locate veins.
  • According to National Institute of Health, a research involving 242 individuals was conducted to assess the effectiveness of the newly developed vein finder device in visualizing and mapping veins on the arm and dorsal hand sites. Factors such as, age, height, weight (for BMI calculation), skin tone, gender and arm circumference were considered variables during the evaluation.

Visualizing Veins Using an Advanced Vein Finder on Both the Arm and Dorsal Hand Sites

The market for vein finders is expected to grow steadily due to several factors. The rising demand for minimally invasive procedures and the increasing number of medical procedures requiring venous access contribute to the market's growth. Additionally, technological advancements lead to more portable and user-friendly. The aging population worldwide, which often presents challenges in vein access, also fuels the demand for vein finder devices.

The vein finder market is poised for growth as healthcare providers continue to recognize the importance of accurate vein visualization for improving patient care outcomes and enhancing procedural efficiency.

  • In July 2024, Abbotsford Regional Hospital announced that it installed a new vein-finder device that uses infrared light to locate veins beneath the skin. The device was purchased through funding from the Fraser Valley Health Care Foundation. The easy-to-use technology will help improve the patient experience.
  • In July 2023, Merz Aesthetics announced a partnership with AccuVein to distribute AccuVein’s vein visualization system in the U.S. aesthetics market. AccuVein AV500 uses near-infrared technology that helps healthcare professionals provide personalized treatment.

How Can AI Improve the Vein Finder Market?

Artificial intelligence (AI) enables the detection of veins faster and more accurately. Integrating AI in vein finder devices can enhance efficiency and introduce automation. It can generate real-time images of a patient’s veins and send them to healthcare professionals, enabling them to provide advanced care from a remote location. It can suggest providers with the best insertion points for cannulation. This enhances the success rate of venipuncture and reduces patient discomfort. Advancements in wireless connectivity technology can seamlessly transmit data to electronic medical records, enabling record-keeping and retrieval of patient data. AI-enabled augmented reality (AR) and virtual reality (VR) can offer real-time virtual assistance, improving accuracy.

Vein Finders Play a Crucial Role in Facilitating Various Medical Procedures and Diagnoses by Assisting Healthcare Professionals

Venipuncture:

Vein finders help medical professionals locate suitable veins for blood draws, intravenous (IV) catheter insertion, and infusion therapy. This is particularly helpful in patients with difficult venous access, such as those with small or fragile veins, or individuals who are obese or have dark skin.

Intravenous Access:

Vein finders assist in placing intravenous lines for administering medications, fluids, or contrast agents needed for diagnostic imaging procedures like CT scans or MRI scans.

Phlebotomy:

Vein finders aid in collecting blood samples for laboratory testing and diagnostic purposes. They help ensure accurate sample collection while minimizing discomfort and the risk of complications such as hematoma or infiltration.

Peripheral Vascular Assessment:

Vein finder devices can assist in assessing peripheral vascular conditions by visualizing superficial veins. While they do not directly diagnose vascular diseases, they can aid in the identification of venous insufficiency, varicose veins, or thrombosis by highlighting abnormal vein patterns or flow characteristics.

Pediatric Care:

Vein finders are particularly valuable in pediatric settings, where locating veins in children can be challenging due to their smaller size and limited cooperation. These devices help reduce the stress and discomfort associated with enipuncture procedures in pediatric patients.

Rising Elderly Population Boosts Vein Finder Demand

By 2030, about one out of every six individuals globally will be aged 60 years or older. This time, the portion of the population in this age group is anticipated to rise from 1 billion in 2020 to 1.4 billion. Looking ahead to 2050. The global population of individuals aged 60 years and older is set to double, reaching 2.1 billion. The number of individuals aged 80 years or older is predicted to triple between 2020 and 2050, reaching 426 million. With the aging population worldwide, more individuals will encounter health issues that can make finding veins challenging. Vein finder devices play a crucial role in assisting medical professionals, such as doctors and nurses, in locating veins more easily. This is particularly vital for blood collection or administering medication through an intravenous line.

Older adults often have thinner or harder-to-see veins due to aging, making vein finders even more critical for their care. With the elderly population growing, the need for vein finders increases because more older people will require medical procedures. These devices make procedures safer and less painful for older patients, reducing the risk of complications like bruising or missed veins. Older adults tend to have more health issues requiring medical care, so the demand for vein finders rises to ensure accurate and efficient treatment.

Additionally, older individuals often have conditions like diabetes or high blood pressure, which can affect vein health, making vein finders essential for proper medical care. The aging population also means more people needing regular medical check-ups and treatments, further driving the need for vein finders in healthcare settings. The increasing number of elderly individuals worldwide creates a greater demand for vein finders to ensure effective and comfortable medical procedures for this demographic.

More the Obesity, More the Difficulty in Finding Veins

Visualize your veins as tiny rivers flowing beneath your skin. However, in individuals who are obese or have specific medical conditions, identifying these rivers can be challenging. It's akin to searching for a concealed path within a dense forest.

This is where vein finders step in as lifesavers! Comparable to special goggles worn by doctors and nurses, these devices utilize innovative technology, such as infrared light, to penetrate the skin and locate these elusive veins. It's as if they're illuminating a spotlight on the hidden river, simplifying navigation for medical professionals. These vein finders come in handy when someone needs a blood test or an IV. They help medical teams find veins quickly and accurately, reducing the stress and discomfort for patients. It's like having a treasure map to guide them through the forest of your veins, ensuring a smoother and more successful procedure. And that's why vein finders are such valuable tools in healthcare.

Advancement in Infrared Imaging and Near-Infrared (NIR) Technology

Technological advances, like infrared imaging and near-infrared (NIR) technology, have jazzed up vein finders. Imagine them as superhero goggles for doctors and nurses—they help see through your skin to find those pesky veins without poking around too much.

  • NIR Reflectance Spectroscopy (NIRS) vein finders are high-tech gadgets that use NIRS technology to study the light bouncing off tissues. They have the potential to give detailed info about veins, like how big they are and how deep they are under the skin. For instance, a VeinSeeker device is being tested in hospitals to see how well it works.
  • Smartphone-based NIR vein finders are handy tools that might be cheaper and easy to use. They work by attaching special gear to your smartphone's camera to see veins under your skin.

Infrared imaging, for example, works like magic glasses that can see beneath your skin. It detects the heat from your body, highlighting your veins in a way that's easy for medical pros to spot. It's like having a special flashlight that shows your veins as clear as day, even if they're hiding deep beneath your skin.

Near-infrared technology takes it a step further. It uses light waves that can penetrate your skin but aren't visible to the naked eye. These waves bounce back differently depending on what they hit. Veins reflect this light differently from the surrounding tissue, creating a clear map for healthcare workers.

These technologies have made vein finders more accurate and easier to use. They've become trusty sidekicks for medical teams, helping them find veins quickly and with less hassle. These tools allow doctors and nurses to perform procedures more smoothly, causing less patient discomfort. No wonder these high-tech vein finders are becoming a staple in hospitals and clinics everywhere!

Limited Awareness and Training

There needs to be more awareness and training about vein finder technology in healthcare. Think of it like having a super tool but needing to learn how to use it properly. Some doctors and nurses might need to learn about these gadgets exist or how helpful they can be in finding veins.

Without proper training, using vein finders might feel like trying to solve a puzzle without knowing all the pieces. It can lead to mistakes or not using the device to its full potential, making procedures harder for patients and less effective.

Imagine driving a car without learning how first – it could be dangerous! Similarly, healthcare pros must know how to use vein finders correctly to ensure they're helping patients best.

To overcome this, healthcare facilities must invest in training programs and ensure all staff know about vein finder technology. With the proper education, medical teams can use these tools confidently, making procedures smoother and less stressful for everyone involved.

Segmental Insights

Portable Segment Dominated

By product type, the portable segment held a dominant presence in the market in 2024. The growing demand for portable devices due to the rising geriatric population boosts the segment’s growth. Portable devices enable patients and healthcare professionals to locate veins accurately from a remote place, thereby eliminating the need to visit any healthcare setting. Portable devices can allow patients to inject medications with ease. These devices reduce healthcare costs and improve patient compliance.

Benchtop Segment: Fastest-Growing

By product type, the benchtop segment is expected to grow at the fastest rate in the market during the forecast period. Benchtop vein finders are installed in hospitals or other healthcare organizations. It is an advanced medical device that assists healthcare professionals in locating veins for venipuncture procedures. The increasing number of hospitalizations due to severe acute and chronic disorders potentiate the segment’s growth. These devices can be used in multiple patients for locating veins, making them affordable for many patients from low- and middle-income countries.

Infrared Segment Held the Largest Share

By technology, the infrared segment held the largest share of the market in 2024. Infrared and near-infrared technologies are the most common to locate veins, enabling healthcare professionals to visualize superficial vasculature. Infrared vein finders can improve accuracy and speed in vein location. Clinicians can see veins, valves, and bifurcations that are not visible to the naked eye, leading to better-informed site assessment decisions. They are safer for patients of all ages and are comparatively cost-effective.

Ultrasound Segment: Fastest-Growing

By technology, the ultrasound segment is anticipated to grow with the highest CAGR in the market during the studied years. Ultrasound vein finders use sound waves to create real-time images of veins and surrounding tissues. They result in clear images of veins at depths from 1 to 5 centimeters. Ultrasound vein finders can also be used in pediatric, adult, and geriatric patients through optimized gain and depth presets.

Hospitals Segment Led in 2024

By end-user, the hospitals segment led the global market in 2024. The increasing number of hospitalizations and suitable capital investments favor the adoption of advanced vein finders. The presence of skilled professionals also fosters the segment’s growth. Thus, patients prefer going to hospitals for the intravenous administration of drugs, requiring the use of vein finders. The increasing number of surgeries and favorable reimbursement policies propel the segment’s growth.

Diagnostic & Pathology Laboratories Segment: Fastest-Growing

By end-user, the diagnostic & pathology laboratories segment is projected to expand rapidly in the market in the coming years. Diagnostic & pathology laboratories possess specialized equipment and skilled professionals. The increasing number of laboratory tests for routine check-ups require vein finders. Around 14 billion clinical laboratory tests are performed annually in the U.S. Laboratory professionals inject dyes or certain chemicals before MRI or CT scans, thereby necessitating the use of vein finders.

Geographical Landscape

In North America, there are many companies and places where they study and make medical gadgets, including vein finders. This means there's always new and better technology being worked on. These companies compete to make even better vein finders, like ones with excellent imaging or easy-to-use designs. This competition pushes them to keep improving, which is fantastic news for people who need vein finders for medical procedures. In North America, especially in places like the United States and Canada, there are a lot of older folks. As people get older, they tend to have more health issues like chronic diseases or cancer. When doctors need to draw blood or give medicine through a vein, it can be more complex with older patients because their veins are sometimes more challenging to see. That's where vein finder devices come in. They help doctors find veins more efficiently, essential when treating older patients. Since more older people in North America need medical care, there's a more significant demand for these vein finder gadgets in hospitals and clinics all over the region.

The Asia Pacific region experiences a high volume of surgical procedures in hospitals and outpatient settings, fueling the need for vein finder devices to ensure accurate and efficient venous access. The AccuVein AV400 got the green light from the China Food and Drug Administration (CFDA) to be sold in China. This means more products are getting approved for sale in the country, and hospitals and blood donation camps will likely use them more. This should help the overall market in the region to grow. The growing awareness among healthcare professionals about the benefits of vein finder technology in reducing patient discomfort, minimizing procedure time, and improving success rates also contributes to market growth. The increasing adoption of telemedicine and home healthcare services in Asia Pacific countries creates opportunities for portable and user-friendly vein finder devices that can be used outside traditional clinical settings. This trend is particularly significant in remote or underserved areas with limited access to healthcare facilities.

Latest Announcements by Industry Leaders

Eswara Rao Nandam, Founder of Polymatech Electronics, commented on the launch of Vein Detection Light that the launch is a testament to the company’s commitment to innovation in semiconductor technology. The device addresses critical healthcare needs, such as IV infusion failure, providing professionals with a tool that ensures precision and efficiency in vein detection.

Recent Developments

  • In April 2024, Polymatech Electronics announced the launch of Vein Detection Light to locate veins for intravenous procedures. The device is based on compound semiconductor technology and is particularly useful in patients with significant blood loss and collapsed veins.
  • In July 2023, Christie Medical Holdings, Inc. announced the launch of CathCompass, a built-in peripheral IV catheter (PIVC), to illuminate patients’ veins with a color-coded PIVC sizing reference graphic. The device uses unparalleled near-infrared technology by VeinViewer.

Vein Finder Market Companies

Vein Finder Market Companies

Vein Finder Market Segments

By Product Type

  • Portable
  • Benchtop

By Technology

  • Infrared
  • Ultrasound
  • Transillumination

By End-User

  • Hospitals
  • Diagnostic & Pathology Laboratories
  • Independent Dialysis Centers
  • Ambulatory Surgical Centers
  • Cancer Research Institutes
  • Specialty Clinics
  • Blood Centers/Blood Banks

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait

 

  • Last Updated: 02 April 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Deepa Pandey is a healthcare market research expert with 2+ years of experience, specializing in analyzing market trends, regulatory impacts, and emerging opportunities to guide strategic decision-making in the healthcare sector.

Learn more about Deepa Pandey

Aditi Shivarkar, with over 14 years of experience in consumer goods, leads research at Towards Consumer Goods, ensuring precise, actionable insights on trends, consumer preferences, and sustainable packaging for businesses.

Learn more about Aditi Shivarkar

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FAQ's

Vein finders are primarily used to locate veins for procedures such as venipuncture (drawing blood), IV insertion, and administering medications. They assist healthcare professionals in accurately visualizing veins, particularly in patients with difficult-to-locate veins due to factors like age, skin tone, or medical conditions.

North America currently leads the vein finder market, driven by significant investments in healthcare infrastructure, advanced technology, and a growing elderly population requiring medical procedures.

One of the main hurdles in the vein finder market is the need for more awareness and training among healthcare professionals regarding the benefits and proper usage of vein finder devices.

National Institute of Health, World Health Organization, Centers for Disease Control and Prevention, ScienceDirect and MedlinePlus.gov.