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Varicose Veins Treatment Devices Market Report 2020: Global Methodology, Research Findings, Size And Forecast To 2026 | Medtronic, Alma Lasers Ltd, WONTECH Co, Ltd, BTG PLC, Biolitec AG, Angiodynamics Inc.

May 27, 2020 5:00 PM ET
iCrowd Newswire – May 27, 2020

The Global Varicose Veins Treatment Devices Market size was valued at around USD 1.5 billion in 2018 and is expected to expand at a CAGR of 6.3% over the forecast period 2020-2026. Rising investments by healthcare companies to develop innovative and effective products is likely to drive the growth.

Varicose Veins Treatment Devices

The condition of varicose veins arise due to rise in intra-abdominal pressure such as constipation, chronic cough, family history like obesity, venous disease, and prolonged standing. In this condition the victim feels itching or burning sensation that worsens with prolonged standing which might result in potential impediments such as statis changes, leg ulcers and thrombosis. Counter therapies and medical treatments are available to cure this condition, however therapies such as scelerotherapy, endovenous interventions, and surgery and laser treatment have proved to be much effective.

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The results derived from such treatments are subject to limitations. Hence, choice of therapy, patient preference, potent medical resources, physician training constitute to be the deciding factor. Varicose veins are dilated, bulging and have a superficial appearance located in the lower body. They can also be spotted in the rectum, spermatic cords and vulva. It is a common problem mainly observed in the female geriatric population. Patient condition depends on the symptomatic and asymptomatic conditions.

With the increasing need for actual data, device manufacturers are quick to offer portable devices that has a procedural setup and user interface with an embedded software. To enable more easy access to the devices to the population, manufacturers are constantly in the process to launch novel products. Hence, technological developments are likely to offer a high market growth in the forecast period.

According to the American Society for Vascular Surgery (ASVS) around 30 million Americans suffer from chronic condition of varicose veins. The Statistics is further divided into men and women with female population having a high ratio as compared to men. It is also anticipated that in industrialized countries, more cases of varicose veins occur as a high number of women consult physicians for symptoms of the legs.

Competitive Landscape:

The key players in the varicose veins treatment devices market are Medtronic, Alma Lasers Ltd, WONTECH Co, Ltd, BTG PLC, Biolitec AG, Angiodynamics Inc., and Syneron. Major vendors in the global market are adopting merger and collaboration strategies in order to expand their business portfolio.

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Segments Covered in This Report:

 

By Procedure:

  • Endovenous Ablation
  • Surgical Ligation
  • Stripping
  • Injection Scelerotherapy

 

By End-User:

  • Ambulatory Centers
  • Hospitals
  • Clinics

 

By Product:

  • Ablation Devices
  • Scelerotherapy Injection
  • Others

 

By Regions:

  • Asia Pacific
  • Europe
  • North America
  • Middle East & Africa
  • Latin America

 

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Table of Content:

 

Chapter 1 Research Methodology

1.1 Market Segmentation & Scope

1.2 Research Methodology

1.3 Information Procurement

1.3.1 Purchased Database

1.3.2 Dataintelo’s Internal Database

1.3.3 Secondary Sources

1.3.4 Primary Research

1.4 Information Analysis

1.4.1 Data analysis models

1.5 Market Formulation & Data Visualization

1.6 Model Details

 

Chapter 2 Executive Summary

2.1 Market Outlook

2.2 Segment Outlook

2.3 Competitive Insights

 

Chapter 3 Market Variables, Trends & Scope

3.1 Market Segmentation

3.1.1 Market Driver Analysis

3.1.1.1 Growing preference for minimally invasive treatment procedures

3.1.1.2 Introduction of technologically advanced devices

3.1.1.3 Increasing geriatric population

3.1.2 Market Restraint Analysis

3.1.2.1 High procedural costs and inconsistent reimbursement structure

3.1.2.2 Risk factors associated with varicose veins treatment

3.2 Penetration & Growth Prospects Mapping

3.3 Varicose Vein Treatment Devices Market – PESTLE Analysis

3.4 Industry Analysis – Porter’s Five Forces Analysis

3.5 Varicose Vein Treatment Market, by Therapy Type

3.6 Patient Population

3.6.1 Female vs. Male Population

3.6.2 Geriatric vs. Adult Population

3.7 Reimbursement Scenario

3.8 Spider Veins: Treatment Scenario

3.9 Varicose Vein Treatment: Future Trends

3.9.1 VenaSeal Closure System

3.9.2 Varithena

 

Chapter 4 Varicose Vein Treatment Devices: Type Estimates & Trend Analysis

4.1 Varicose Vein Treatment Devices Market: Type Movement Analysis

4.2 Endovenous Ablation (EVLA)

4.2.1 Endovenous Ablation Market, 2019-2026 (USD Million)

4.2.2 Radiofrequency Ablation

4.2.2.1 Radiofrequency ablation market, 2019-2026 (USD Million)

4.2.3 Laser Ablation

4.2.3.1 Laser ablation market, 2019-2026 (USD Million)

4.3 Sclerotherapy

4.3.1 Sclerotherapy Market, 2019-2026 (USD Million)

4.4 Surgical Ligation & Stripping

4.4.1 Surgical Ligation & Stripping Market, 2019-2026 (USD Million)

Continued…..

 

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