Endovenous Laser Therapy Market, By Product Type (Endovenous Laser Systems (Diode Lasers, Yag Lasers), Endovenous Laser Fibers (Bare Tip Laser Fibers, Radial Tip Laser Fibers, Gold Tip Laser Fibers), By End User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Endovenous laser therapy is a minimally invasive ultra sound guided technique which is used for treating varicose veins. Varicose veins, also known as varicosities or varicoses, is a condition caused due to enlargement of veins affecting the legs and feet of the patient resulting in pain due to improper blood flow. Varicose veins may cause due to factors such as obesity, pregnancy, and old age. Endovenous laser therapy uses an optical fiber which is inserted into the vein to be treated, and laser light which shines in the inferior of the vein. This causes contraction of the vein and then fiber is withdrawn from the vein. Increasing prevalence of varicose veins is expected to propel growth of the global varicose veins treatment market over the forecast period. For instance, according to the American Vein and Lymphatic Society, 2019, over 40 million people in the U.S. suffer from varicose veins.
Restraints of the Global Endovenous Laser Therapy Market
Although ELA therapies are effective in the treatment of varicose veins, these therapies are more costly when compared to other procedures such as foam fillers, vein stripping costs, blast with electricity and others. For instance, the average treatment cost for varicose vein with foam fillers in U.K. is approximately US$ 2,146 for two legs whereas that with vein stripping procedure is approximately US$ 3,219. ELA procedure cost ranges between US$ 4,292 - 6,439 for two legs, which is almost double than the other treatment procedures.
Key features of the study:
This report provides in-depth analysis of the global endovenous laser therapy market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021, as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global endovenous laser therapy market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, strategies, and future plans
Key companies covered as a part of this study include AngioDynamics, Inc., Candela Corporation, Dornier MedTech GmbH, Alma Lasers Ltd., Alna-Medicalsystem GmbH, LSO Medical, Wontech Co., Ltd., Intros Medical Laser GmbH, and Energist Ltd.
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global endovenous laser therapy market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the market.
Detailed Segmentation
Global Endovenous Laser Therapy Market, By Product Type:
Endovenous Laser Systems
Diode Lasers
Yag Lasers
Endovenous Laser Fibers
Bare Tip Laser Fibers
Radial Tip Laser Fibers
Gold Tip Laser Fibers
Global Endovenous Laser Therapy Market, By End User:
Hospitals
Ambulatory Surgical Centers
Specialty Clinics
Global Endovenous Laser Therapy Market, By Geography:
North America
By Product Type
Endovenous Laser Systems
Diode Lasers
Yag Lasers
Endovenous Laser Fibers
Bare Tip Laser Fibers
Radial Tip Laser Fibers
Gold Tip Laser Fibers
By End User
Hospitals
Ambulatory Surgical Centers
Specialty Clinics
By Country:
U.S.
Canada
Europe
By Product Type
Endovenous Laser Systems
Diode Lasers
Yag Lasers
Endovenous Laser Fibers
Bare Tip Laser Fibers
Radial Tip Laser Fibers
Gold Tip Laser Fibers
By End User
Hospitals
Ambulatory Surgical Centers
Specialty Clinics
By Country:
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
By Product Type
Endovenous Laser Systems
Diode Lasers
Yag Lasers
Endovenous Laser Fibers
Bare Tip Laser Fibers
Radial Tip Laser Fibers
Gold Tip Laser Fibers
By End User
Hospitals
Ambulatory Surgical Centers
Specialty Clinics
By Country:
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
By Product Type
Endovenous Laser Systems
Diode Lasers
Yag Lasers
Endovenous Laser Fibers
Bare Tip Laser Fibers
Radial Tip Laser Fibers
Gold Tip Laser Fibers
By End User
Hospitals
Ambulatory Surgical Centers
Specialty Clinics
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East:
By Product Type
Endovenous Laser Systems
Diode Lasers
Yag Lasers
Endovenous Laser Fibers
Bare Tip Laser Fibers
Radial Tip Laser Fibers
Gold Tip Laser Fibers
By End User
Hospitals
Ambulatory Surgical Centers
Specialty Clinics
By Country:
GCC
Israel
Rest of Middle East
Africa
By Product Type
Endovenous Laser Systems
Diode Lasers
Yag Lasers
Endovenous Laser Fibers
Bare Tip Laser Fibers
Radial Tip Laser Fibers
Gold Tip Laser Fibers
By End User
Hospitals
Ambulatory Surgical Centers
Specialty Clinics
By Country/Region:
Central Africa
South Africa
North Africa
Company Profiles
AngioDynamics, Inc.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Candela Corporation
Dornier MedTech GmbH
Alma Lasers Ltd.
Alna-Medicalsystem GmbH
LSO Medical
Wontech Co., Ltd.
Intros Medical Laser GmbH
Energist Ltd.
“*” marked represents similar segmentation in other categories in the respective section.
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