Varicose Veins Treatment Market Size, Industry Share, Analysis, Report and Forecast 2022-27


Global Varicose Veins Treatment Market Report

The global Varicose Veins Treatment market size reached 388.74 Million US$ in 2021. By 2027, it will reach a value of 551.75 Million US$, growing at a CAGR of 5.70% (2022- 27).

SHERIDAN, WYOMING, USA, Sept. 18, 2022 / — The latest research study “Varicose Veins Treatment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, concludes that the global Varicose Veins Treatment Market reached a value of US$388.74 million in 2021. Looking ahead, IMARC Group expects the market to reach a value of US$551 US$.75 million by 2027, growing at a CAGR of 5.70% in 2022-2027.

Varicose vein treatment helps treat twisted and dilated veins close to the surface of the skin. It encompasses self-care measures, compression stockings, and surgeries such as catheter radiofrequency, laser treatment, sclerotherapy, high litigation vein stripping, and outpatient phlebectomy. It also helps to reduce pain or feeling of heaviness in the legs, worsening of pain after sitting or standing for a long time, itching around one or more veins, changes in the color of the skin around varicose veins and burning, throbbing, muscle cramps and swelling in the lower legs. Therefore, treatment for varicose veins is widely available in hospitals, clinics and outpatient centers around the world.

Impact of COVID-19 on the market: (positive impact)

As the novel coronavirus (COVID-19) crisis engulfs the world, we continuously monitor changes in markets, as well as industry consumer behaviors around the world and our estimates on the latest market trends and forecasts are made. after considering the impact of this pandemic.

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Global Varicose Veins Treatment Market Trends and Drivers:

The major factors driving the market are the ubiquity of varicose vein complications among individuals and the growing geriatric population. Along with this, the advancement of varicose devices and expanding healthcare industry are catalyzing the growth of the market. Additionally, the upsurge in acceptance and minimally invasive treatment procedures due to decreased postoperative pain, decreased major operative and postoperative complications, reduced hospital stay, and rapid recovery is propelling also market growth.

Additionally, several leading players are investing heavily in research and development (R&D) activities to develop state-of-the-art equipment, such as varithena and Vena Seal closure systems. Apart from this, better understanding of treatment in individuals, increase in obesity due to lifestyle change and lack of exercise, prolonged standing hours at work, technological advancement and excessive smoking are some of the other factors inducing growth.

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2022-2027 Global Varicose Veins Treatment Market Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the major players operating in the market.

Some of these major key players include:

Alma Lasers Ltd. (Sisram Medical Ltd.), Angiodynamics Inc., Biolitec AG (BioMed Technology Holdings Ltd.), Boston Scientific Corporation, Eufoton SRL, Fotona, Medtronic plc, Sciton Inc., Teleflex Incorporated, The Vein Company, VVT Medical Ltd. and WON TECH Co. Ltd.

The report has segmented the market based on region, product, procedure, and end user.

Breakdown by product:
• Ablation devices
o Radiofrequency ablation devices
o Laser ablation devices
o Others
• Injection of sclerotherapy
• Others

Breakdown by procedure:
• Injection sclerotherapy
• Endovenous ablation
• Surgical ligation and stripping

Breakdown by end user:
• Hospitals
• Clinics
• Ambulatory centers

Breakdown 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

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Main highlights of the report:
• Market performance (2016-2021)
• Market Outlook (2022-2027)
• Porter’s five forces analysis
• Market drivers and success factors
• SWOT analysis
• Value chain
• Complete mapping of the competitive landscape

If you need specific information that is not currently covered in the report, we can provide it to you as part of the customization.

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