Varicose Vein Treatment Market: By Product (Radiofrequency Ablation Devices, Laser Ablation Devices, Others); By Treatment (Sclerotherapy, Endovenous Ablation, Others) & By Region-Forecast (2016-2022)
LONDON, Jan. 8, 2018 /PRNewswire/ -- Globally, development of advanced and progressively less-invasive treatment procedures, rise in the awareness among people regarding diseases, increasing government initiatives across the globe, growing incidence of varicose veins, reduced trauma, greater exposure to the site of application, high operative success rates, and faster blood flow restoration are the prime growth drivers of the varicose vein treatment market. In addition, increase in adoption of varicose vein treatment in emerging economies such as China, India and others, will create new opportunities for the varicose vein treatment market. However, higher cost of research and development, lack of skilled vascular surgeons and higher cost of varicose vein treatment procedures are the key restraints for the varicose vein treatment market.
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Geographically, North America dominated the varicose vein treatment market, because of increasing incidence of varicose vein cases, higher healthcare expenditure, high medical reimbursement facilities, and technological advancement. Asia Pacific is projected to have the fastest growth, owing to a rapidly increasing aging population, rise in consumer awareness, favourable government policies, modernization of healthcare infrastructure, and growing medical tourism industry in developing nations such as China, and India in this region. Among all the treatments, the ultrasound and sclerotherapy segment has the highest market share in the varicose vein treatment market due to the larger benefits, minimal incision, and reduced scaring.
This report identifies the varicose vein treatment market size for the years 2014-2016, and forecast of the same till the year 2022. It also highlights the market drivers, restraints, growth indicators, challenges, and other key aspects with respect to the varicose vein treatment market.
This report segments the varicose vein treatment market on the basis of product, treatment, and regional market as follows:
Varicose Vein Treatment Market, By Product: Radiofrequency Ablation Devices, Laser Ablation Devices, Venous Closure Products, and Surgical Products
The report has focused study on varicose vein treatment market by basis of treatment such as: Sclerotherapy, Endovenous Ablation, Stripping, Laser, and Radiofrequency Ablation
This report has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
This report identifies all the major companies operating in the varicose vein treatment market.
Some of the major companies' profiles in detail are as follows:
Vascular Solutions, Inc.
Syneron Medical Ltd.
Lumenis Ltd.
Dornier MedTech GmbH
Quanta Systems S.p.A.
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