AccuVein

AccuVein

AccuVein develops products that aid in the visualization of peripheral vasculature.

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$5.3m

Late VC
Total Funding000k
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AccuVein Inc. is a pioneering company in the medical technology sector, specializing in vein visualization solutions. The company operates in the healthcare market, serving a diverse range of clients including hospitals, clinics, and individual healthcare practitioners. AccuVein's core product is a handheld device that projects a map of veins directly onto the skin, significantly improving the success rate of intravenous (IV) insertions and blood draws. This technology is particularly beneficial for patients with difficult venous access, such as children and individuals with darker skin tones. The company's business model revolves around the sale and rental of its vein visualization devices, along with supplementary products like stands and protective covers. Revenue is generated through direct sales, rentals, and ongoing service agreements. AccuVein's technology is endorsed by the Infusion Nurses Society and is used by 8 out of 10 vein visualization users, underscoring its market leadership. The company also offers a short-term rental program to support urgent medical needs, such as those arising from the COVID-19 pandemic.

Keywords: vein visualization, IV success, medical technology, healthcare, hospitals, clinics, handheld device, patient comfort, venous access, rental program.

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