Market Overview:
The Venous Diseases Treatment Market size was valued at US$ YY million in 2021 and is estimated to reach US$ YY million by 2029, growing at a CAGR of 6.5% during the forecast period (2022-2029).
Venous problems are diseases that affect the veins inside the frame. Damaged vein partitions hinder the circulatory system, permitting the blood to gather and float backward whilst the muscular tissues loosen up. This causes an surprisingly high buildup of pressure within the veins.
The accumulation reasons stretching and twisting of the veins, improved swelling, valve incompetence, sluggish blood float, and formation of blood clots. This situation can eventually result in various disorders known as venous disorder. Varicose veins, additionally referred to as varicoses or varicosities, are enlarged, twisted veins which can occur anywhere within the body, but are extra commonplace inside the legs.
Varicose veins is one of the maximum not unusual diseases brought on because of damaged vein walls and valves. Rise in occurrence of varicose veins is anticipated to drive the worldwide venous sicknesses treatment marketplace. According to an article posted within the Journal of the American Heart Association, around 23% of adults inside the U.S. Have varicose veins.
Annually, companies inclusive of the British Association of Sclerotherapies (BAS) release tasks to elevate consciousness and encourage the usage of various venous sickness treatments. Rise in attention approximately deep vein thrombosis treatment, persistent venous occlusions treatment, venous insufficiency remedy, and leg ulcer remedy; and boom in variety of product approvals are using the marketplace.
For instance, in November 2020, Vascular Barcelona Devices (VB Devices) obtained the CE mark popularity of Varixio Pod Air, as a Class 1s medical tool supposed for automatic foam preparation for varicose veins sclerotherapy.
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Market Dynamics
The growing incidence of venous diseases is predicted to drive the marketplace increase
The rising prevalence of different venous sicknesses consisting of blood clots deep vein thrombosis, and chronic venous insufficiency is predicted to boost the market over the forecast length. In 2021, a study reported by means of Bawakid et al. In Makah, Jeddah and Dammam stated an usual incidence of continual venous insufficiency of 45.6% in each ladies and men.
Also, a occurrence examine carried out in 2021, in number one fitness care centers in Qassim place of Saudi Arabia place revealed that the superiority of varicose veins amongst male and girl was sixty one.1%. A new questionnaire-based totally take a look at coupled with Doppler ultrasonography become confirmed in Republic of Korea reported much less occurrence of varicose veins in female nurses 16.18%.
This will be allocated to the rapid of modifications in lifestyle and advancement in get right of entry to to fitness care. Those human beings with varicose veins, the most normally CEAP class turned into C1 which shows a mild shape of the disease offering as telangiectasia or reticular veins amongst girls in this look at. In addition, age is a major contributing threat thing that rises the improvement and development of varicose veins in our body.
Increasing in age is a significant element in in addition skin trophic modifications, boom inside the endovascular pressure, and incapacity of the superficial venous gadget. Moreover, a big look at carried out in unique places of France in Europe said that 72.7% of pregnant girls are laid low with varicose veins.
Also, higher Body Mass Index is related to extra advanced tiers of varicose veins. Furthermore, fast modifications in life-style and improved consciousness about varicose veins and its chance elements through less difficult get right of entry to to health care particularly via social media drives the venous sickness remedy market.
Market Segmentation:
By Treatment Type
- Surgeries
- Sclerotherapy
- Angioplasty or Stenting
- Vein Ligation and stripping
- Vena Cava Filter
By Disease Type
- Deep-vein Thrombophlebitis
- Varicose and Spider Veins
- Superficial Thrombophlebitis
- Chronic Venous Insufficiency
- Venous Ulcers
- Others
By Product Type
- Ablation Devices
- Venous Stents
- Venous Closure Products
- Sclerotherapy Injection
- Others
By End User
- Hospitals
- Clinics
- Ambulatory Centers
- Others
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Others
Competitive Landscape
The venous diseases treatment market is a moderately competitive presence of local as well as global companies. Some of the key players which are contributing to the growth of the market are Biolitec AG Untere Viaduktgasse, Teleflex Incorporated, B. Braun Melsungen Ag, Alma Lasers, Becton Dickinson and Company, and Koninklijke Philips N.V. among others.
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