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Varicose veins, also known as varicosities or varicoses, is a condition caused due to enlargement of veins. The veins appear blue or dark purple in color and are swollen this condition.
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Varicose Vein Treatment Devices Market Research Report Varicose Vein Treatment Devices Market Research Report by Device, by Treatment Type, by End Users - Global by Device, by Treatment Type, by End Users - Global Forecast to 2027 - Cumulative Impact of COVID-19 Forecast to 2027 - Cumulative Impact of COVID-19 Varicose veins, also known as varicosities or varicoses, is a condition caused due to enlargement of veins. The veins appear blue or dark purple in color and are swollen this condition. A patient suffering from varicosities may experience pain due to improper blood flow. The condition generally occurs on legs and feet as upright position while standing and walking increases the pressure in the veins of lower body. Statistics: Statistics: The global varicose veins treatment market is estimated to account for US$ 991.5 Mn in terms of value by the end of 2027. Download PDF Brochure Of This Research Report @ Download PDF Brochure Of This Research Report @ https://www.coherentmarketinsights.com/insight/request-pdf/246 https://www.coherentmarketinsights.com/insight/request-pdf/246 Global Varicose Veins Treatment Market: Drivers Global Varicose Veins Treatment Market: Drivers Increasing prevalence of varicose veins is expected to propel growth of the global varicose veins treatment market over the forecast period. For instance, according to the American Vein and Lymphatic Society, 2019, over 40 million people in the U.S. suffer from varicose veins. Moreover, increasing geriatric population is also expected to aid in growth of the market. For instance, according to the World Health Organization, geriatric population is expected to reach 2 billion by 2050, up from 900 million in 2015. North America region held dominant position in the global varicose veins treatment market in 2019, accounting for 44.0% % share in terms of value, followed by Europe.Global Varicose Veins Treatment Market: Restraints Treatment Market: Restraints Global Varicose Veins Lack of trained professionals, especially in emerging economies, is expected to hinder growth of the global varicose veins treatment market. Endovenous laser treatment/ablation (ELA) and
radiofrequency ablation (ERA) require specialized training for doctors and special equipment. According to Competition Commission of South Africa’s preliminary health market inquiry findings released in July 2018, the estimated yearly average of doctors per 1,000 patients was 1.75 in the private sector between 2010 and 2014. In Asia Pacific, insurance companies do not cover the entire material expenses of a surgery. This in turn is expected to hamper market growth to certain extent. Global Varicose Veins Treatment Market: Opportunities Global Varicose Veins Treatment Market: Opportunities Although ELA therapies are effective in the treatment of varicose veins, these therapies are more costly when compared to other procedures such as foam fillers, vein stripping costs, blast with electricity and others. For instance, the average treatment cost for varicose vein with foam fillers in U.K. is approximately US$ 2,146 for two legs whereas that with vein stripping procedure is approximately US$ 3,219. ELA procedure cost ranges between US$ 4,292 - 6,439 for two legs, which is almost double than the other treatment procedures. Therefore, launch of cost-effective ELA therapies is expected to offer lucrative growth opportunities for players in the market. Moreover, technological advancements in ELA devices is also expected to aid in growth of the market. Currently, various ELA devices available in the market may lead to few complications such as thrombophlebitis, nerve damage, burns, and deep vein thrombosis conditions. Endovenous Laser Fibers segment in the global varicose veins treatment market was valued at US$ 26.9 Mn in 2019 and is expected to reach US$ 45.1 Mn by 2027 at a CAGR of 6.6% during the forecast period. Market Trends/Key Takeaways Market Trends/Key Takeaways The adoption of venous intravascular ultrasound (IVUS) is rapidly increasing for the treatment of varicose veins as it offer superior outcome compared to conventional venography for the morphologic diagnosis of iliac venous outflow obstruction. The market is witnessing development of ultra-high frequency transducer that can be used in the treatment of varicose veins. For instance, in November 2018, Canon Medical Systems USA, Inc. launched 33 MHz ultra-high frequency linear iDMS transducer that uses iDMS technology and a single crystal wide band to provide superb resolution and detail in ultrasound imaging. It can be used for superficial vascular evaluations such as varicose veins.
Report includes chapters which deeply display the following deliverable about industry : Report includes chapters which deeply display the following deliverable about industry : • Varicose Vein Treatment Devices Market Research Objective and Assumption • Varicose Vein Treatment Devices Market Purview - Report Description, Executive Summary, and Coherent Opportunity Map (COM) • Varicose Vein Treatment Devices Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis • Global Varicose Vein Treatment Devices Market, By Regions • Varicose Vein Treatment Devices Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type. • Varicose Vein Treatment Devices Market Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors. • Varicose Vein Treatment Devices Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials. • Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers • Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List. • Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change and Economic/Political Environmental Change. • Varicose Vein Treatment Devices Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region. • Research Findings and Conclusion To Get Instant Access, Purchase Report Here @ To Get Instant Access, Purchase Report Here @ https://www.coherentmarketinsights.com/insight/buy-now/246 https://www.coherentmarketinsights.com/insight/buy-now/246 Global Varicose Veins Treatment Market: Key Developments Global Varicose Veins Treatment Market: Key Developments Major players in the market are focused on approval and launch of new products to expand their product portfolio. For instance, in December 2019, Leucadia Pharmaceuticals launched Sodium Tetradecyl Sulfate (STS) generic, a U.S.FDA approved sclerosing agent is used for the treatment of small varicose veins of the lower legs.
Major players in the market are also focused on raising funds to enhance their market share. For instance, in December 2019, Venclose, Inc. announced it has closed its Series C funding at US$ 27 million, which will be used to accelerate commercial footprints in the US and to increase presence globally. About Coherent Market Insights About Coherent Market Insights Coherent Market Insights is a prominent market research and consulting firm offering action- ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us Contact Us Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Phone: US +12067016702 / UK +4402081334027 Email: Email: sales@coherentmarketinsights.com sales@coherentmarketinsights.com