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Varicose Vein Treatment Market Analysis 2023

(EuropeNewsWire.Net, August 09, 2018 ) In the year 2018, Global Varicose Vein Treatment was valued at USD 328.98 Million. By the year 2023, it is predicted to reach USD 448.62 Million with pace of 6.4% CAGR. In some conditions, human veins are enlarged mostly in feet and legs. This condition is caused by pregnancy, genetic disorder, high blood pressure and hormonal changes. Treatment for varicose vain conditions is gaining attention among patients around the globe.

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Increasing availability of varicose vain treatment devices and growing healthcare expenditure are expected to drive the market.

Factors affecting market growth:

Rapid increment of old age population. (+)

Growing healthcare expenditures by governments. (+)

Availability of varicose treatment devices. (+)

Increasing population of varicose disease patients. (+)

Lack of skilled surgeons and highly expensive varicose vein treatment are restraining the market somehow. (-)

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Market Segmentation

Global Varicose Vein Treatment Market is segmented on the basis of

By Mode of Treatment

Endovenous ablation

Injection sclerotherapy

Surgical ligation/stripping

By Product

Ablation devices

Venous closure products

Surgical products.

Global Varicose Vein Treatment is segmented by several factors. The endovenous ablation segment is the highest share grabbed segment of the global market. Surgical ligation/stripping segment is also estimated grow at subtle pace in forecasted period.

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Key players:

Key players competing in the Global Varicose Vain market are Merz Aesthetics (U.S.), Fotona d.o.o. (Slovenia); BTG plc (U.K.); Sciton, Inc. (U.S.); Quanta System S.p.A. (Italy); Vascular Solutions, Inc. (U.S.); Eufoton s.r.l. (Italy); Energist Group (U.K.); Dornier MedTech GmbH (Germany); Lumenis Ltd. (Israel); Syneron Medical Ltd. (Israel); biolitec AG (Austria); AngioDynamics, Inc. (U.S.); and Medtronic plc (Ireland).

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