Global Venipuncture Procedure Analysis Market, By Success Rate (Total Venipuncture, Successful Venipuncture), Vein Type (Cephalic Vein, Median Cubital Vein, Basilic Vein), End-Users, Geography and Forecast to 2024

Pune, India -- (SBWire) -- 03/19/2018 --Global Venipuncture Procedure Analysis Market accounted to USD 788 million in 2016 growing at a CAGR of 5.6% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Major Market Competitors: Venipuncture Procedure Analysis Market

Some of the major players operating in venipuncture procedure market are AccuVein Inc., Smiths Medical, B. Braun Medical, Becton Dickinson and Company, Christie Medical Holdings, Inc., TransLite, LLC, Sharn Anesthesia and Venoscope, LLC. among others.

Competitive Analysis: Venipuncture Procedure Analysis Market

The venipuncture procedure market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of venipuncture procedure market for global, Europe, North America, Asia Pacific and South America.

Market Definition: Venipuncture Procedure Analysis Market

Venipuncture he medical procedure of drawing blood from veins in humans and animals, mainly for diagnostic purposes such as blood sampling of the blood component. These are performed by clinicians, medical practitioners, medical laboratory scientists, paramedics, dialysis technicians, phlebotomists, and nursing staff.

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Major Market Drivers and Restraints:

Rising geriatric population
Increasing incidence of various chronic diseases
Government Initiatives to better healthcare
Technological developments
Lack of essential skills of medical professionals

Market Segmentation: Venipuncture Procedure Analysis Market

By Success Rate the market for venipuncture procedure is segmented into total venipuncture, successful venipuncture.

By Vein type the venipuncture procedure market is segmented into cephalic vein, median cubital vein, basilic vein.

On the basis of end-users the venipuncture procedure market is segmented into Hospitals (Private), Diagnostic Labs, Physicians' Offices. On the basis of geography, venipuncture procedure market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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