Varicose Veins Treatment Devices Market 2021: Global Industry Analysis Report to 2027
The Global Varicose Vein Treatment Devices Market size was estimated at USD 984.38 Million in 2020 and expected to reach USD 1,114.68 Million in 2021, at a Compound Annual Growth Rate (CAGR) 13% from 2021 to 2027 to reach USD 2,112.73 Million by 2027.
Varicose veins are large, swollen veins that usually appear in the legs and feet. This condition occurs when the valves in the veins do not function properly, affecting normal blood flow. In severe cases, veins can rupture or turn into ulcers on the skin. Treatments for varicose veins include surgery, sclerotherapy, ligation and removal, and radiofrequency ablation. In recent years, various treatments for varicose veins have been developed that are minimally invasive and cause less postoperative complications. The growth of the global varicose veins treatment devices market is attributable to increasing incidence of chronic venous disease (CVD), increasing adoption of intravenous laser ablation, and advances in varicose veins treatment technology. However, the lack of skilled professionals and the shortcomings of intravenous laser ablation technology are major factors hindering the market growth.
Market Segments
By Product
Ablation Devices
Surgical Instruments
By Treatment
Endovenous Ablation
Injection Sclerotherapy
Surgical Ligation
By End- User
Hospitals
Specialty Clinics
Ambulatory Surgical Centers
Key Players
AngioDynamics
VVT Med
F care systems
Asclepion Laser Technologies GmbH
Syneron Medical Ltd.
Energist Ltd.
Medtronic
Biolitec AG
Miravass
Scope of the Report
The research study analyzes the global Varicose Veins Treatment Devices industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Varicose Veins Treatment Devices Market Report
1. What was the Varicose Veins Treatment Devices Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Varicose Veins Treatment Devices Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Varicose Veins Treatment Devices Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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