Global Varicose Veins Treatment Devices Market Size study, By Treatment Type (Endovenous Ablation, Sclerotherapy, Surgical Ligation & Stripping), By Device (Ablation Device, Radiofrequency Ablation Devices, Venous Closure Systems, Other), and Regional Forecasts 2022-2028
Global Varicose Veins Treatment Devices Market is valued at approximately USDXX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Varicose veins are abnormal, dilated, twisted, enlarged blood veins that are near to the skin's surface (superficial) and can become varicose. This condition is caused by the weakening of the vessel’s walls. Treatment for varicose veins includes self-care measures, surgeries or procedures, and compression stockings. Several devices such as ablation devices, radiofrequency ablation devices, venous closure systems, and many others are used by skilled professionals to cure this health condition. The growing geriatric population, increasing incidences of varicose veins, coupled with the introduction of technologically advanced devices are some key factors fostering the growth of the market worldwide. For instance, in November 2020, Vascular Barcelona Devices (VB Devices) received approval of CE mark for Varixio Pod Air as Class 1 s medical device with the aim of automated preparation of foam for varicose veins sclerotherapy. Likewise, in February 2019, Medtronic declared the introduction of the Accurian RF ablation systems in the United States after the FDA approval. Accordingly, the increasing technological developments are fostering the demand for Varicose Veins Treatment Devices, which is accelerating the market growth across the globe. However, high procedural costs and inconsistent reimbursement structure, along with a lack of awareness about varicose veins treatment impede the growth of the market over the forecast period of 2022-2028. Also, the rising inclination towards minimally invasive treatment procedures and increasing healthcare expenditure are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Varicose Veins Treatment Devices Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising medical expenditure and presence of well-established market players. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the presence of a large elderly population, as well as, growing awareness regarding the availability of these treatment procedures, would create lucrative growth prospects for the Varicose Veins Treatment Devices Market across the Asia-Pacific region.
Major market players included in this report are:
AngioDynamics
Medtronic
Teleflex Incorporated
Sciton, Inc.
Dornier Medtech
Merit Medical Systems
Alma Lasers
Biolitec AG
Boston Scientific Corporation
Syneron Medical Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Treatment Type:
Endovenous Ablation
Sclerotherapy
Surgical Ligation & Stripping
By Device:
Ablation Device
Radiofrequency Ablation Devices
Venous Closure Systems
Other
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Varicose Veins Treatment Devices Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
AngioDynamics
Medtronic
Teleflex Incorporated
Sciton, Inc.
Dornier Medtech
Merit Medical Systems
Alma Lasers
Biolitec AG
Boston Scientific Corporation
Syneron Medical Ltd.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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