Varicose Vein Treatment Devices Market - Global Industry Insights, Trends, Outlook, and Analysis, 20

Varicose Vein Treatment Devices Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2016-2024

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REPORT DESCRIPTION Varicose Vein Treatment Devices Market – Overview Varicose veins form in the leg due to flow of blood in the opposite direction, which creates extreme pressure in the already blocked veins. Varicose veins can lead to ulceration, swelling, and venous eczema. The condition can significantly hamper quality of life. Over 40% of total U.S. population is affected by varicose veins and over 30 million U.S. citizens suffer from venous insufficiency and the risk of developing varicose veins increases with the age. Several invasive techniques such as sclerotherapy, laser ablation and laser and intense-pulsed therapy are used to treat varicose veins. However, the market is slowly shifting towards minimally-invasive treatment methods such as medical adhesive as there is no need for anesthesia administration and leads to relatively less bruising caused due to laser based treatment methods.

Varicose vein treatment devices market is an ever-evolving market with technological innovation leading to development of advanced products. The endovenous laser ablation devices are gaining significant traction in this market. This treatment method is relatively expensive in comparison to other invasive techniques such as laser ablation and sclerotherapy. However, the demand for these devices is increasing at rapid pace due to its minimally invasive nature, reduced treatment time, better blood circulation and complete closure. Further, the introduction of medical adhesives to close the affected site has been a game changer. Š Coherent market Insights. All Rights Reserved

REPORT DESCRIPTION

Varicose Vein Treatment Devices Market Taxonomy: North America is the largest market for varicose vein treatment devices accounting to large patient pool, reimbursement for minimally invasive procedures under Medicare and private insurance. According to the data published by Society for Vascular Surgery and the American Venous Forum, an estimated 3.7 million people suffer from varicose veins in Canada. This is attributed to the demographic shift towards geriatric population and high prevalence of obesity.

An estimated 1 million are treated for varicose veins in U.S. which reflects upon the underpenetration of the market in the country. Europe is the second largest market with a regional prevalence rate of 35% across European population. With the increase in aging population and rise in prevalence of obesity, the market for varicose vein treatment devices is forecast to witness considerable growth in North America and Europe.

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REPORT DESCRIPTION Varicose Vein Treatment Devices Market: Key Players ●

Medtronic plc.

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Angio Dynamic Inc.

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Vascular Solutions Inc.

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Dornier Medtech GmbH.

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Syneron Medical ltd.

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Energist Group.

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Biolitec AG.

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ABOUT COHERENT MARKET INSIGHTS SECTOR COVERAGE Healthcare

CLINICAL DIAGNOSTIC

HEALTHCARE IT

MEDICAL IMAGING

PHARMACEUTICAL

MEDICAL DEVICES

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Bulk Chemicals

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Polymers & Resins

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