Varicose Vein Treatment Market is expected to reach US$ 290.5 Mn by 2026 at a CAGR of 7.5 % during the forecast period. A varicose vein that has enlarged and twisted, often appearing as a bulging, blue blood vessel that is clearly visible through the skin. Varicose veins are most common in older adults, particularly women, and occur especially on the legs. The primary symptoms of varicose veins are highly visible, misshapen veins, usually on your legs.
Reduced trauma, greater exposure to the site of application, high operative success rates, and faster blood flow restoration, improving patient compliance & reliability, growing healthcare expenditure, and rapid growth in aging population would create commercial market opportunities. Furthermore, a high cost of varicose vein treatment procedures, lack of training for vascular surgeons, implementation of health care reforms, immensely competitive market leading to difficulty in maintaining sustainability, and inconsistent reimbursement scenario are the major hindrance of the varicose vein treatment market growth.Varicose Vein Treatment Market Varicose Vein Treatment market is segmented by treatment mode, product, and region.
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Among treatment mode, Endovenous Ablation is expected to grow at the fastest rate owing to progressive syndromes including chronic venous insufficiency. This technology would continue to dominate the market during the forecast period owing to most frequently used technique.
Among regions, the North America region is expected to grow at the highest CAGR during the forecast period due to the increasing incidence of varicose vein cases, high disposable income, advanced healthcare infrastructure, increasing disorders and an upward trend in the adoption of unhealthy lifestyles. The APAC region is expected to grow at the highest CAGR during the forecast period due to improving healthcare infrastructure, increasing patient awareness, rising disposable income, and benefits of early treatments for varicose vein cases. The high percentage of the elderly population in developing countries such as China and Japan are increasing the incidence of major types of varicose vein in the Asia Pacific region. Rising per capita income, rapid urbanization, and expansion of advanced healthcare facilities in developing economies are likely to offer profitable opportunities to vendors in Varicose Vein Treatment market.
The key players of the Varicose Vein Treatment market include Medtronic plc (Ireland), AngioDynamics, Inc. (U.S.), and biolitec AG (Austria), Syneron Medical Ltd. (Israel); Lumenis Ltd. (Israel); Dornier MedTech GmbH (Germany); Energist Group (U.K.); Eufoton s.r.l. (Italy); Vascular Solutions, Inc. (U.S.); Quanta System S.p.A. (Italy); Sciton, Inc. (U.S.); Fotona d.o.o. (Slovenia); BTG plc (U.K.); and Merz Aesthetics (U.S.)
In the Varicose Vein Treatment market, Medtronic plc holds the leadership position due to production capacity expansion, brand portfolio expansion, mergers, collaborations, and acquisitions. Over the past three years, the company has adopted new product launches, product enhancements, and geographic expansion as its crucial business plans to certify its dominance in this market
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The Scope of the Varicose Vein Treatment Market:
Varicose Vein Treatment Market, by Treatment Mode
• Endovenous Ablation
• Injection Sclerotherapy
• Surgical Ligation/Stripping
Varicose Vein Treatment Market, by Products
• Ablation Devices
• Radiofrequency Ablation Devices
• Laser Ablation Devices
• Venous Closure Products
Varicose Vein Treatment Market by region
• North America
• Europe
• APAC
• Latin America
• MEA
Key Players of the Varicose Vein Treatment Market:
• Medtronic plc
• Angiodynamics, Inc.
• Koninklijke Philips N.V
• Spectranetics, Boston Scientific Corporation
• Galil Medical, Inc.
• EDAP TMS S.A.
• Healthtronics, Inc.
• Medtronic, Plc
• Mermaid Medical, Inc.
• Mesonix, Inc.
• Neuwave Medical, Inc.
• Sonacare Medical, LLC (U.S.)
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MAJOR TOC OF THE REPORT
Chapter One: Varicose Vein Treatment Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Varicose Vein Treatment Market Competition, by Players
Chapter Four: Global Varicose Vein Treatment Market Size by Regions
Chapter Five: North America Varicose Vein Treatment Revenue by Countries
Chapter Six: Europe Varicose Vein Treatment Revenue by Countries
Chapter Seven: Asia-Pacific Varicose Vein Treatment Revenue by Countries
Chapter Eight: South America Varicose Vein Treatment Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Varicose Vein Treatment by Countries
Chapter Ten: Global Varicose Vein Treatment Market Segment by Type
Chapter Eleven: Global Varicose Vein Treatment Market Segment by Application
Chapter Twelve: Global Varicose Vein Treatment Market Size Forecast (2019-2026)
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