Market Analysis: Global Varicose Vein Treatment Market
The Global Varicose Vein Treatment Market accounted to USD 250.1 million in 2016 growing at a CAGR of 7.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Market Definition: Global Varicose Vein Treatment Market
Vericose vein are knotted and enlarged veins due to pressure in the veins, which is mostly occurs lower body. It indicates higher risk of circulatory problems and sometime leads to more-serious problems. The modern technological advancements in varicose vein treatment technology are laser ablation systems, intense-pulsed-light therapy and combination of closure systems, radiofrequency systems and ultrasound guided systems which help to drive the market.
Major Market Drivers and Restraints:
- Technological advancements in varicose vein treatment technique.
- Reduced trauma and better exposure to the site of application.
- Focus intended to less-invasive treatment procedures
- Growth in geriatric population
- Risk factors affecting to varicose vein treatment
Market Segmentation: Global Varicose Vein Treatment Market
The global varicose vein treatment market is segmented by treatment mode into endovenous ablation, injection sclerotherapy and surgical ligation or stripping.
On the basis of product the market is segmented into ablation devices, venous closure products, and surgical products
On the basis of end user the market is segmented into hospitals and ambulatory clinics.
On the basis of geography, varicose vein treatment market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Competitive Analysis: Global Varicose Vein Treatment Market
The varicose vein treatment market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of varicose vein treatment market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors: Global Varicose Vein Treatment Market
Some of the major players operating in varicose vein treatment market are Medtronic, B.Braun Melsungen AG, AngioDynamics, biolitec AG, Syneron Medical Ltd., LUMENIS, Energist Ltd., Eufoton srl, Accuron Technologies Limited, Teleflex Incorporated, Quanta System S.p.A, Sciton, Inc., Fotona d.o.o., BTG International Ltd., Merz Pharma GmbH & Co. KGaA, LeMaitre Vascular, Inc., Chemische Fabrik Kreussler & Co. GmbH, Grocare India, Alma Lasers and The Vein Company among others.
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst call drop down your inquiry.
Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.