Varicose Vein Treatment Market Facts and Current Trends Analysis and Forecast: 2022-2031

Global Varicose Vein Treatment Market By Types (Endovenous Ablation, Sclerotherapy, Surgical Ligation & Stripping), By End-users (Hospitals, Ambulatory Surgical Centers, Physician’s Office), By Regions (North America, Europe, Asia Pacific, Rest of the World) – Global Forecast up to 2031

This market research report includes a detailed segmentation of the global varicose vein treatment market by type (endovenous ablation, sclerotherapy, surgical ligation & stripping); by end-user (hospitals, ambulatory surgical centers, physician’s office); by region (North America, Europe, Asia Pacific, Rest of the World).

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Overview of the Global Varicose Vein Treatment Market

Infoholic’s market research report predicts that the “global varicose vein treatment market” will grow at a CAGR of ~6.0% during the forecast period. The treatment methods for varicose veins have transformed over the time due to recent alertness of cosmetic contemplations & the way they can disturb the superiority of life along with the advancements of innovative treatments & ambulatory care services. Varicose veins worry over 40 million individuals in the US, with about 50% of varicose vein patients having a family history.

Increasing prevalence of varicose veins and growing geriatric population are among the major factors driving the growth of the market. However, the high cost of treatment procedure and lack of skilled professionals are hampering the growth of the market.

The majority of the revenue is generated from the leading players in the market with dominant sales from Syneron, AngioDynamics, biolitec AG, Energist Group, Medtronic Plc, and Sciton Inc.

According to the analysis, North America accounted for the largest share of the global varicose vein treatment market in 2018. The Asia Pacific region is expected to witness the fastest growth rate due to large patient pool, increase in the number of surgeries, and rising healthcare expenditure.

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By Type:
• Endovenous Ablation
• Sclerotherapy
• Surgical Ligation & Stripping

Sclerotherapy held the largest share in the global varicose vein treatment market in 2018. The market is likely to shift toward the non-invasive treatment technique during the forecast period.

By End-user:
• Hospitals
• Ambulatory Surgical Centers
• Physician’s Office

The hospitals segment holds a significant share among other end-users in the market and is also the fastest-growing segment during the forecast period.

By Region:
• North America
• Europe
• Asia Pacific
• Rest of the World

North America dominated the global varicose vein treatment market in 2018. The significant share of the North American region comes from the US, owing to the accessibility to good quality healthcare and excellent reimbursement facilities.

Varicose Vein Treatment Market Research Competitive Analysis – Surgical procedures for varicose veins are likely to experience significant changes in the foreseeable future; non-invasive alternatives have mainly overtaken surgery. In the recent past, the preference for non-invasive surgery has accelerated due to the possibility of infections involved with invasive surgery. High-intensity focused ultrasound is one of the latest treatment options for varicose veins and venous reflux disease. This innovative technology has been used for non-invasive tissue ablation in other therapeutic instances, and hence, there is a strong possibility of it being effective in veins.

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