Varicose Vein Treatment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Varicose Vein Treatment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


Market Overview:

The global varicose vein treatment market size reached US$ 415.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 579.5 Million by 2028, exhibiting a growth rate (CAGR) of 5.4% during 2023-2028.

Varicose vein treatment comprises self-care measures, compression stockings, and surgeries, such as sclerotherapy, laser treatment, catheter-based radiofrequency, high ligation and vein stripping, and ambulatory phlebectomy. It assists in treating twisted and enlarged veins that are close to the surface of the skin. It also helps reduce ache or heavy feeling in the legs, worsened pain after sitting or standing for a long time, itching around one or more of the veins, changes in skin color around varicose veins, and burning, throbbing, muscle cramping and swelling in the lower legs. As a result, it finds applications in hospitals, clinics, and ambulatory centers worldwide.

Varicose Vein Treatment Market Trends:
Presently, the rising prevalence of varicose vein problems among individuals, along with the growing geriatric population, represents one of the key factors driving the market across the globe. Moreover, there is an increase in the advancement of varicose vein treatment devices. This, coupled with the burgeoning healthcare industry, is propelling the growth of the market. In addition, the growing adoption of minimally invasive treatment procedures due to less postoperative pain, fewer operative and major postoperative complications, shortened hospital stay, and faster recovery times is positively influencing the market around the world. Besides this, the rising awareness among individuals about the treatment is offering lucrative growth opportunities to industry investors. Apart from this, key market players are extensively investing in research and development (R&D) activities to introduce advanced equipment, such as varithena and VenaSeal closure systems. In line with this, the increasing obesity among individuals due to changing lifestyles and lack of exercise is catalyzing the demand for varicose vein treatment. Other growth-inducing factors are technological advancements, prolonged standing hours at work, and excessive smoking.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global varicose vein treatment market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, procedure and end user.

Breakup by Product:

Ablation Devices
Radiofrequency Ablation Devices
Laser Ablation Devices
Others
Sclerotherapy Injection
Others

Breakup by Procedure:

Injection Sclerotherapy
Endovenous Ablation
Surgical Ligation and Stripping

Breakup by End User:

Hospitals
Clinics
Ambulatory Centers

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alma Lasers Ltd. (Sisram Medical Ltd.), Angiodynamics Inc., Biolitec AG (BioMed Technology Holdings Ltd.), Boston Scientific Corporation, Eufoton S.R.L., Fotona, Medtronic plc, Sciton Inc., Teleflex Incorporated, The Vein Company, VVT Medical Ltd. and WON TECH Co. Ltd.

Key Questions Answered in This Report:
How has the global varicose vein treatment market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global varicose vein treatment market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the procedure?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global varicose vein treatment market and who are the key players?
What is the degree of competition in the industry?


1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Varicose Vein Treatment Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Product
6.1Ablation Devices
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Radiofrequency Ablation Devices
6.1.2.2 Laser Ablation Devices
6.1.2.3 Others
6.1.3 Market Forecast
6.2Sclerotherapy Injection
6.2.1 Market Trends
6.2.2 Market Forecast
6.3Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Procedure
7.1Injection Sclerotherapy
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Endovenous Ablation
7.2.1 Market Trends
7.2.2 Market Forecast
7.3Surgical Ligation and Stripping
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End User
8.1Hospitals
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Clinics
8.2.1 Market Trends
8.2.2 Market Forecast
8.3Ambulatory Centers
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1Overview
10.2Strengths
10.3Weaknesses
10.4Opportunities
10.5Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1Overview
12.2Bargaining Power of Buyers
12.3Bargaining Power of Suppliers
12.4Degree of Competition
12.5Threat of New Entrants
12.6Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
14.3.1Alma Lasers Ltd. (Sisram Medical Ltd.)
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2Angiodynamics Inc.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3Biolitec AG (BioMed Technology Holdings Ltd.)
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4Boston Scientific Corporation
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5Eufoton S.R.L.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6Fotona
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7Medtronic plc
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8Sciton Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9Teleflex Incorporated
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10The Vein Company
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11VVT Medical Ltd.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12WON TECH Co. Ltd
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials

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