Varicose Veins Treatment Devices Market Share | Industry Report, 2026

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2. Varicose Veins Treatment Devices Market Share | Industry Report, 2026 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 2019-2026. Rising investments by healthcare companies to develop innovative and effective products is likely to drive the growth. 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. 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.

3. 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. Request for Free Sample: https://dataintelo.com/request-sample/?reportId=386

4. Varicose Veins Treatment Devices Market Segment Insights: By Procedure: The varicose veins treatment devices market can be segmented into endovenous ablation, surgical ligation, and stripping and injection scelerotherapy. Injection scelerotherapy is expected to gain major traction in the forecast period owing to patient preference and low cost of surgery. By Product: The market can be segmented into ablation devices, scelerotherapy injection and others. Ablation devices can be further trifurcated into radiofrequency devices, laser devices and others. Laser devices gains maximum traction in the upcoming years due to technological advances and significant investments for clinical research. By End-User: The market can be segmented into ambulatory centers, hospitals and clinics. Hospitals accounted for a significant market share in 2018 owing to rise in patient registration for varicose vein condition. Rise in geriatric population in the developed economies is a major factor for the growth of the segment.

5. By Geography: The varicose veins treatment devices market can be segmented into North America, Latin America, Europe, Asia Pacific, Middle East and Africa. Asia Pacific offers potential growth prospects owing to high presence of key players in healthcare domain, favourable reimbursement and rise in geriatric population. 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. Discover More @ https://dataintelo.com

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