Global Varicose Veins Treatment Market Size, Share, Forecast Report, 2020-2027

Global varicose veins treatment market is expected to grow significantly over the forecast period. It is anticipated that the market held a valuation of USD 415.9 million in 2017 and is projected to grow at a CAGR of 7.4% over the forecast period. Varicose veins are also called as varicose and varicosities. They occur when the veins become enlarged, stretched, and blocked with blood. These typically appear swollen and raised, and also have a bluish-purple or red color. They can be painful.

The factors such as growing prevalence of varicose veins, increasing demand for advanced treatment options and growing healthcare expenditure is expected to propel the growth of the market. However, the high cost of treatment and stringent government regulations can hamper the market growth over the forecast period.

Segmentation:

The global varicose veins treatment market has been segmented into type, product type and end user. The market, on the basis of type, has been segmented into endovenous ablation, sclerotherapy, surgical ligation, and stripping and laser ablations.

The market, by product, has been segmented into ablation devices, venous closure products and surgical products. By product, ablation devices are expected to hold the largest share owing to their minimal invasive nature and quick recovery. Venous closure products are anticipated to grow at the fastest CAGR due to their ability to treat the disease effectively and rising demand for such products.

The market, by end user, has been segmented into hospitals, specialized clinics, ambulatory surgical centers and others.
Key players:

Medtronic, AngioDynamics, biolitec AG, Syneron Medical Ltd., Lumenis, Energist Ltd., Eufoton s.r.l., Teleflex Incorporated, Quanta System, Dornier MedTech, Scranton Gillette Communications, Sciton, Inc, Fotona d.o.o., BTG International Ltd., Merz North America, Inc. are some of the key players in the global varicose veins treatment market.

Global Varicose Veins Treatment Market, by Product

• Endovenous Ablation
• Sclerotherapy
• Surgical Ligation
• Stripping
• Laser Ablations

Global Varicose Veins Treatment Market, by Product

• Ablation Devices
• Venous Closure Products
• Surgical Products

Global Varicose veins treatment Market, by End User

• Hospitals
• Specialized Clinics
• Ambulatory Surgical Centers
• Others