Varicose Veins Treatment Market: Projected Growth and Opportunities in 2028

Posted by Kumar on May 17th, 2023

According to a TechSci Research report titled "Varicose Veins Treatment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028," the Global Varicose Veins Treatment Market is projected to experience significant growth in the forecast period of 2024-2028. This growth can be attributed to the increasing prevalence of small and greater saphenous veins, reticular varicose veins, and genital area varicose veins among the population. People are becoming more aware and educated about the warning signs of varicose veins and the importance of prompt treatment, leading to a rise in demand. Technological advancements in varicose veins treatment devices and the use of compression stockings for effective management in the early stages are contributing to market growth. Manufacturers' investments in the development of novel drugs and the growing trend of self-medication are also expected to drive market demand.

However, certain factors may hinder the Global Varicose Veins Treatment Market in the forecast period. These include the high prices and hazards associated with vein surgery treatments, high procedural costs, an inconsistent reimbursement system, the high cost of treatment, the scarcity of skilled professionals, and the lack of healthcare infrastructure in developed countries.

The Global Varicose Veins Treatment Market is segmented based on type, component, end-user, and region. In terms of type, the market can be divided into Endovenous Ablation, Sclerotherapy, and Surgical Ligation & Stripping. The Endovenous ablation type is expected to dominate the market due to factors such as the increasing elderly population, rising demand for noninvasive surgeries, and the advantages of this method, which is minimally invasive with fewer complications. Furthermore, initiatives by public and government organizations to raise awareness about varicose vein treatment are likely to drive market growth.

Geographically, the global varicose veins treatment market is further segmented into North America, Asia Pacific, Europe, and the Middle East & Africa. North America currently holds the largest market share and is projected to maintain its dominance throughout the forecast period. The demonstration of the safety and efficacy of laser treatments has helped reduce the stigma associated with cosmetic procedures and has led to widespread acceptance, particularly among men. Additionally, the flourishing healthcare industry and the increasing popularity of preventive healthcare will further contribute to market growth.

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Varicose Veins Treatment Market" - https://www.techsciresearch.com/report/varicose-veins-treatment-market/14580.html

Major companies operating in global varicose veins treatment market are:

  • Alma Lasers Limited
  • Medtronic Plc.
  • Boston Scientific Corporation (Lumenis Corporation)
  • Sciton, Inc
  • Merit Medical Systems, Inc.
  • BTG International Limited
  • Energist Limited
  • Teleflex Incorporated
  • AngioDynamics, Inc.
  • El. En SpA Group (Quanta System)

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“Asia Pacific region is expected to register the highest growth in the global varicose vein’s treatment market on account of the presence of a large elderly population in which varicose veins problem is quite common. Besides, rising healthcare awareness towards preventive medicine in the region is further expected to drive the growth of global varicose vein treatment market in the region. Additionally, increasing incidence of different type venous diseases, coupled with the use of advanced technology used for diagnosis and treatment for varicose veins treatment is expected to propel the market growth till 2028” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Varicose Veins Treatment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Type (Endovenous Ablation, Sclerotherapy, Surgical Ligation & Stripping), By Component (Ablation Devices, Radiofrequency Ablation Devices, Laser Ablation Devices, Venous Closure Products, Others), By End User (Hospitals & Clinics, Ambulatory Care Centers, Others), By Region and Competition”, has evaluated the future growth potential of global varicose veins treatment market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global varicose veins treatment market.

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Kumar
Joined: July 7th, 2021
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