Stratview Research has published a new research report on ‘Varicose Vein Treatment Market’ to its archive. This report covers regional status, market size, share, revenue, gross margin, opportunities, and strategies to boost growth across the globe. The market research report, entitled Varicose Vein Treatment Market shows good opportunities in the market during the forecast period and guarantees more information regarding market trends. The following brief will give an overview of the drivers, challenges, and key players in the market.
Market Insights
The Varicose Vein Treatment market is projected to grow from USD 258.3 million in 2020 to USD 387.6 million by 2026 at a CAGR of over 7.2% during the forecast period.
The Report highlights -
The dedicated team of researchers and market analysts have considered the in-depth inputs for the upcoming five years while preparing this report. Brilliant practice models and research methods have been leveraged to develop this report. Users can explore opportunities for growth within the global Varicose Vein Treatment Market with the help of this study.
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This research provides key information with Tables, and Figures assisting in the existing situation of the Global Varicose Vein Treatment Market and may be a valuable source of guidance, and direction for companies, and individuals interested in the market.
Key Market Features:
The report mentions few market features, including-
- Revenue & Rate of growth
- Pricing,
- Production & production rate,
- Consumption,
- Regional analysis,
- Supply/demand,
- Market share,
- CAGR, and gross margin.
Key players active in the Varicose Vein Treatment Market-
The study offers a thorough analysis of the key market dynamics and their current trends, along with a list of key players active in the market. Some of the linchpins in the Varicose Vein Treatment Market are –
· Candela Medical (Syneron Medical Ltd) (US)
· Medtronic PLC (Ireland)
· Boston Scientific (Lumenis Corporation) (US)
· El. En SpA Group (Quanta System) (Italy)
· Teleflex Incorporated (US)
· Eufoton SRL (Italy)
· Biolitec AG (BioMed Technology Holdings Ltd) (Germany)
· AngioDynamics Inc. (US)
· Alma Lasers Ltd (Israel)
· Sciton Inc. (US)
Market Dynamics
The surging demand for minimal invasion techniques as well as the increasing geriatric population is are likely to augment the industry growth. Moreover, economically favorable treatment and excluded use of anesthesia further boost the demand for varicose vein treatment. In addition, less time consumption with efficient results, strong R&D investments, and technological advancements are likely to offer lucrative opportunities to the market players in the coming years.
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The global market in North America and Europe is expected to reach USD 289.7 Million by 2021 from USD 207.9 Million in 2016, at a CAGR of 6.9% between 2016 and 2021.
Shift towards less-invasive treatment procedures, availability of advanced varicose vein treatment devices, and huge burden of varicose vein cases in North America and Europe is driving the growth of the market.
Other growth factors include improving patient compliance & reliability, growing healthcare expenditure, and rapid growth in aging population.According to the new market research report “Varicose Vein Treatment Market in North America and Europe by Treatment Mode (Endovenous Ablation, Sclerotherapy, Stripping), Products (Laser & RF Ablation, Venous Closure, Surgical) - Forecasts to 2021", published by MarketsandMarkets™, The varicose vein treatment market in North America and Europe is expected to reach USD 289.7 Million by 2021 from USD 207.9 Million in 2016, at a CAGR of 6.9% between 2016 and 2021.Download Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=22524107Objectives of the study are:1.
To define, describe, and forecast the market in North America and Europe on the basis of mode of treatment, products, and regions2.
To provide detailed information regarding major factors influencing the growth of the market in North America and Europe (drivers, restraints, opportunities, and industry-specific challenges)3.
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders4.
According to the report, the global varicose vein treatment market was valued at ~US$ 1.5 Bn in 2018 and is projected to expand at a CAGR of ~5% from 2019 to 2027.Request Brochure –https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=11714Varicose vein is one of the common diseases caused due to damage to the vein valves.
Endovenous ablation is a less-invasive treatment option for varicose veins.In terms of treatment type, the supportive treatments segment accounted for a major share of the global varicose vein treatment market in 2018.
Moreover, increase in awareness about ablation devices is expected to fuel the growth of the segment.
Based on end user, the hospitals & ambulatory surgical centers segment accounted for a major share of the market, due to the availability of services and rise in the rate of hospitalization.
Moreover, the preference for ambulatory surgical centers due to short hospital stays is likely fuel the growth of the segment.Request COVID Analysis on Varicose Vein Treatment Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19_id=11714Global Varicose Vein Treatment Market: Prominent RegionsNorth America held a major share of the global varicose vein treatment market in 2018.
According to the American Heart Association, Inc., the prevalence of reticular vein and spider telangiectasias is higher in women in the U.S. Europe held the second-largest share of the global varicose vein treatment market in 2018.
This research study involved the extensive use of secondary sources, directories, and databases (such as Hoovers, Bloomberg Business, Factiva, and Avention) to identify and collect information useful for this technology-based, market-oriented, and commercial study of the North America and Europe varicose vein treatment market.
In-depth interviews were conducted with various primary respondents that mainly included key industry participants, subject-matter experts (SMEs), C & D level executives of key market players, and independent industry consultants, among others; to obtain and verify critical qualitative and quantitative information as well as to assess future market prospects of the varicose vein treatment industry.Major Growth Drivers:Shift towards less-invasive treatment procedures, availability of advanced varicose vein treatment devices, and huge burden of varicose vein cases in North America and Europe is driving the growth of the market.
Other growth factors include improving patient compliance & reliability, growing healthcare expenditure, and rapid growth in aging population.Expected Revenue Growth:The global market in North America and Europe is expected to reach USD 289.7 Million by 2021 from USD 207.9 Million in 2016, at a CAGR of 6.9% between 2016 and 2021.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=22524107Accessories to Fuel the Growth of Varicose Vein Treatment MarketHowever, dearth of training for vascular surgeons, high cost of varicose vein treatment procedures, and implementation of healthcare reforms in the U.S. are some of the key factors restraining the growth of market.
In addition to this, challenges associated with inconsistent reimbursement scenario for varicose vein treatment procedures and sustainability of players in the highly competitive market also limits the growth of the market.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=22524107This report broadly segments the Varicose Vein Treatment market into mode of treatment and products.
On the basis of mode of treatment, the market is segmented into endovenous ablation, injection sclerotherapy, and surgical ligation/stripping.
The endovenous ablation segment is expected to command the major share of the market, by mode of treatment, in 2016.Based on type of products, the market is segmented into ablation devices, venous closure products, and surgical products.
San Francisco, 2 June 2020 — “Varicose Vein Treatment Market Analysis By Regions (North America, Europe, Asia-Pacific, Latin America and Africa), Product, By Application And Segment Forecasts To 2025” Global Varicose Vein Treatment Market is anticipated to reach USD 475 million by 2024.
The factors that propel the growth of the Varicose Vein Treatment industry include reduced risk of collateral damage to adjacent tissues, painless technique, improved saturation, fewer post-operative complications, no requirement of anesthesia, less scarring, and minimal need for incisions during the procedure.
On the other hand, there are factors that may hamper the growth of the market including shortage of trained vascular physicians and high price of varicose vein treatment methods.
The market may be explored by treatment mode, product type, and geography.
The industry may be explored by treatment mode as Surgical Ligation/Stripping, Endovenous Ablation, and Injection Sclerotherapy.
The “Endovenous Ablation” sector led the Varicose Vein Treatment Market in 2016 and is anticipated to maintain its dominance by 2024.
Global Varicose Vein Treatment Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 – DecisionDatabases.comThe comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the COVID-19 Impact and Recovery on this industry.Browse the complete Global Varicose Vein Treatment Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.decisiondatabases.com/ip/42318-varicose-vein-treatment-market-reportThe report also covers the complete competitive landscape of the global Varicose Vein Treatment market with company profiles of key players such as: AngiodynamicsMedtronicSyneron MedicalLumenisThe detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT: By TypeAblation DevicesRadiofrequency Ablation DevicesLaser Ablation DevicesVenous Closure ProductsBy ApplicationEndovenous AblationInjection SclerotherapySurgical Ligation/StrippingBy Geography:North America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global Varicose Vein Treatment Market @ https://www.decisiondatabases.com/contact/download-sample-42318The Global Varicose Vein Treatment Market has been exhibited in detail in the following chapters –Chapter 1 Varicose Vein Treatment Market Preface Chapter 2 Executive SummaryChapter 3 Varicose Vein Treatment Industry AnalysisChapter 4 Varicose Vein Treatment Market Value Chain AnalysisChapter 5 Varicose Vein Treatment Market Analysis By TypeChapter 6 Varicose Vein Treatment Market Analysis By ApplicationChapter 7 Varicose Vein Treatment Market Analysis By GeographyChapter 8 Competitive Landscape Of Varicose Vein Treatment CompaniesChapter 9 Company Profiles Of Varicose Vein Treatment IndustryPurchase the complete Global Varicose Vein Treatment Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-42318Other Reports by DecisionDatabases.com:Global Peptic Ulcers Treatment Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Hodgkin Lymphoma Treatment Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027Global Tinea Pedis Treatment Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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