The Global Varicose Vein Treatment Market accounted to USD 250.1 million in 2016 growing at a CAGR of 7.1% 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.
Global Varicose Vein Treatment Market By Treatment Mode (Endovenous Ablation, Injection Sclerotherapy, Surgical Ligation/Stripping), By Product (Ablation Devices, Venous Closure Products, Surgical Products), By End User (Hospitals, Ambulatory Clinics), By Geography – Industry Trends and Forecast to 2024
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Company Share Analysis:
The varicose vein treatment 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 varicose vein treatment market for global, Europe, North America, Asia Pacific and South America.
Major Market Drivers & Restraints:
- Technological advancements in varicose vein treatment technique.
- Reduced trauma and better exposure to the site of application.
- Focus intended to less-invasive treatment procedures
- Growth in geriatric population
- Risk factors affecting to varicose vein treatment
Market Definition:-
Vericose vein are knotted and enlarged veins due to pressure in the veins, which is mostly occurs lower body. It indicates higher risk of circulatory problems and sometime leads to more-serious problems. The modern technological advancements in varicose vein treatment technology are laser ablation systems, intense-pulsed-light therapy and combination of closure systems, radiofrequency systems and ultrasound guided systems which help to drive the market.
TOP Competitors of Market:
- Medtronic,
- Braun Melsungen AG,
- AngioDynamics,
- biolitec AG,
- Syneron Medical Ltd.,
- LUMENIS,
- Energist Ltd.,
- Eufoton srl,
- Accuron Technologies Limited,
- Teleflex Incorporated,
- Quanta System S.p.A,
- Sciton, Inc.,
- Fotona d.o.o.,
- BTG International Ltd.,
- Merz Pharma GmbH & Co. KGaA,
- LeMaitre Vascular, Inc.,
- Chemische Fabrik Kreussler & Co. GmbH,
- Grocare India,
- Alma Lasers and The Vein Company
- Among others.
Market Segmentation:
The global varicose vein treatment market is segmented by treatment mode into endovenous ablation, injection sclerotherapy and surgical ligation or stripping.
On the basis of product:- Ablation devices, venous closure products, and surgical products
On the basis of end user:- Hospitals and ambulatory clinics.
On the basis of geography:- North America & South America, Europe, Asia-Pacific, and Middle East & Africa. 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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