10 worlds’ biggest Vein Finder companies | Global Growth Insights

Introduction:

The medical imaging industry is advancing rapidly, and vein finders are a key innovation enhancing patient care. These devices use advanced technologies such as near-infrared (NIR) light, ultrasound, and augmented reality to detect veins, particularly in patients with difficult venous access. Hospitals, clinics, and emergency rooms across the globe rely on vein finders to increase accuracy in venipuncture, reduce pain, and improve patient outcomes.

In this article, we profile the top 10 vein finder companies, providing updates on their headquarters, revenue, CAGR, and latest developments. These companies are at the forefront of healthcare innovation, offering solutions that are improving venous access, reducing the need for multiple needle sticks, and ultimately improving patient satisfaction.

Vein Finder market size was valued at USD 627.27 million in 2021 and is expected to expand at a CAGR of 6.88% during the forecast period, reaching USD 935.25 million by 2027

Global Growth Insights Unveils The Top Global Vein Finder Companies:

1. AccuVein, Inc.

• Headquarters: Medford, New York, USA
• Revenue (Past Year): $50 million
• CAGR: 7.5% (2021-2024)

Update: AccuVein remains a leader in the vein finder market, with its flagship product, the AccuVein AV500, widely used in hospitals worldwide. AccuVein’s device uses advanced near-infrared (NIR) technology to map veins and display them on the surface of the skin, improving the accuracy of IV insertions. The company continues to focus on expanding its global presence, particularly in emerging markets where access to such technology is rapidly growing.

2. Venoscope

• Headquarters: Sugar Land, Texas, USA
• Revenue (Past Year): $15 million
• CAGR: 6.2% (2021-2024)

Update: Venoscope’s innovative product line, including the Venoscope II, has made significant strides in vein visualization. Its portable, user-friendly design is favored by medical professionals for its ability to improve first-stick success rates. Venoscope has expanded its distribution network in the U.S. and Latin America, focusing on both healthcare providers and educational institutions.

3. VINO Optics

• Headquarters: San Antonio, Texas, USA
• Revenue (Past Year): $10 million
• CAGR: 5.8% (2020-2024)

Update: VINO Optics specializes in visualizing veins in neonates and pediatric patients. Its VINO Infrared Vein Finder is well-known for its clarity and precision, reducing the trauma of multiple needle attempts. The company is expanding into the European and Asian markets, targeting neonatal care units and pediatric hospitals, where the demand for non-invasive vein visualization is high.

4. Christie Medical Holdings, Inc.

• Headquarters: Memphis, Tennessee, USA
• Revenue (Past Year): $45 million
• CAGR: 7.0% (2021-2024)

Update: Christie Medical is known for its VeinViewer technology, which uses near-infrared light to detect veins. The company continues to be a dominant player, with its VeinViewer Flex gaining significant adoption in hospitals and clinics across North America. Christie Medical has also focused on expanding its educational and support services, ensuring healthcare providers can maximize the device’s potential.

5. BD (Becton, Dickinson and Company)

• Headquarters: Franklin Lakes, New Jersey, USA
• Revenue (Past Year): $20.2 billion (Total revenue across product lines)
• CAGR: 6.8% (2021-2024)

Update: BD’s presence in the vein visualization market is solidified by its acquisition of various startups and small innovators. The company integrates vein finding technology into its IV catheter products, simplifying venous access for healthcare workers. BD’s continuous innovations in diagnostic and infusion systems, combined with its robust global distribution, make it a major player in this market.

6. Teleflex Incorporated

• Headquarters: Wayne, Pennsylvania, USA
• Revenue (Past Year): $2.6 billion
• CAGR: 6.3% (2021-2024)

Update: Teleflex is recognized for its leadership in vascular access and respiratory care. The company has recently entered the vein finder market by incorporating near-infrared technology into its catheter insertion procedures. By streamlining the process of finding veins, Teleflex aims to improve patient safety and care outcomes. The company’s focus on research and development continues to drive growth in its medical imaging division.

7. Near Infrared Imaging, Inc.

• Headquarters: Peabody, Massachusetts, USA
• Revenue (Past Year): $8 million
• CAGR: 5.5% (2021-2024)

Update: Near Infrared Imaging, Inc. has emerged as a leading innovator in NIR technology for vein visualization. Its devices are compact, portable, and offer high precision. The company's vein finders are particularly popular in outpatient settings, where they help streamline patient care. Near Infrared Imaging is expanding its reach into the Asia-Pacific market, focusing on high-demand regions such as India and Southeast Asia.

8. B. Braun Melsungen AG

• Headquarters: Melsungen, Germany
• Revenue (Past Year): $8.5 billion (Total revenue across product lines)
• CAGR: 4.8% (2020-2024)

Update: B. Braun is a global leader in medical devices and solutions, with a strong presence in the vascular access market. The company has invested in developing advanced vein visualization technologies integrated with its infusion systems. B. Braun’s innovation in digital health has allowed the company to remain competitive, especially in European markets.

9. TransLite, LLC

• Headquarters: Sugar Land, Texas, USA
• Revenue (Past Year): $12 million
• CAGR: 5.9% (2021-2024)

Update: TransLite is known for its Veinlite devices, which use LED technology to highlight veins for easier access. The company’s products are compact and highly effective in emergency and pediatric settings, making it a popular choice for paramedics and ER staff. TransLite is focusing on expanding its reach in Latin America and Europe, where the demand for portable vein finders is rising.

10. Koninklijke Philips N.V.

• Headquarters: Amsterdam, Netherlands
• Revenue (Past Year): $21 billion (Total revenue across product lines)
• CAGR: 4.5% (2020-2024)

Update: As a leader in healthcare technology, Philips is leveraging its expertise in imaging to enter the vein finder market. The company’s focus on ultrasound-guided vein visualization sets it apart from other players. Philips is expanding its partnerships with healthcare providers, ensuring that its technology is integrated into patient care systems globally.

Conclusion:

The vein finder market is poised for continued growth, driven by the need for more accurate, reliable, and non-invasive methods of venous access. Companies like AccuVein, BD, and Philips are leading the way with cutting-edge technologies such as near-infrared light and ultrasound, improving patient care across various settings.

As the healthcare industry moves toward more patient-centric and precision medicine, vein finders will play an increasingly important role in reducing patient discomfort and increasing efficiency. The top players in this market are continually innovating, ensuring they stay ahead of the curve while meeting the growing global demand.