openPR Logo
Press release

Endovenous Laser Therapy Market to Grow at CAGR of 7.3% through 2026

05-17-2018 06:56 AM CET | Health & Medicine

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
Endovenous Laser Therapy Market to Grow at CAGR of 7.3% through

Obese people are seldom prone to health implications arising from increasing caseload for varicose veins in their body. The rising number of obesity cases recorded across the globe are prompting the adoption of endovenous laser therapy for treatment of varicose veins. A latest study on global endovenous laser therapy market, published by Future Market Insights, indicates that growing attention towards aftereffects of lifestyle choices and consequences of obesity have collectively factored the growth in demand for endovenous laser therapies. With the help of this minimally-invasive therapy, which is guided by ultrasound laser techniques, vascular surgeons and radiologists can effectively treat impaired varicose vessels and curb the occurrence of side effects such as temporary paraesthesia.

The report, titled “Endovenous Laser Therapy Market: Global Industry Analysis and Opportunity Assessment, 2016-2026,” reveals that an estimated US$ 273.6 million revenues were procured, globally, from adoption of endovenous laser therapy in 2016. Key findings compiled in the report predict that by the end of 2026, the global market for endovenous laser therapy will be valued at a little over US$ 550 million, registering increment at an impressive CAGR of 7.3%.

In 2016, nearly 8,500 units of endovenous laser therapy equipment were consumed in the world. The demand for such equipment and devices is projected to soar at close to 8% CAGR and record the sales of more than eighteen thousand units by the end of 2026. An in-depth analysis of the global sales of endovenous laser therapy equipment indicated that the demand for endovenous laser systems will remain prodigiously higher than that of endovenous laser fibres. Throughout the forecast period, more than 90% of global revenues will be emanating from global sales of endovenous laser systems. Among them, preference to diode lasers will continue to outpace the adoption of YAG laser systems. And, with respect to the fibres used in endovenous laser therapy, gold-tip laser fibres will gain traction and register a revenue growth at 7.2% CAGR.

Request to Sample Report - https://www.futuremarketinsights.com/reports/sample/rep-gb-2785

The advanced operational infrastructure in hospitals and availability of trained medical professionals make them suitable for conducting endovenous laser therapies effectively. However, ambulatory surgical centres (ASCs) located around the world are witnessing advancements in terms of their working mechanism. In 2017 and beyond, hospitals will witness a gradual decline of their global revenue share whereas ASCs emerge to be the largest end-user of endovenous laser therapy in the world. By 2026-end, more than US$ 200 million worth of revenues will be accounted by adoption of endovenous laser therapy through ASCs.

AngioDynamics, Inc., is a US-based medical device manufacturer which has gained prominence as a key player in the global endovenous laser therapy market. Correspondingly, North America’s share in the global market for endovenous laser therapy is also expected to remain dominant through 2026; procuring over 50% share of global revenues. Nevertheless, the Asia-Pacific excluding Japan (APEJ) region will see rampant growth in demand for endovenous laser therapy. Revenues from this region are anticipated to surge at the highest CAGR of 7.9%. Meanwhile, Western Europe will be observed as the second-largest market for endovenous laser therapy, placing itself between North America and APEJ region. European companies such as Dornier MedTech GmbH, Alna-Medicalsystem GmbH, LSO Medical, intros Medical Laser GmbH, and Energist Ltd. will continue to actively participate in the growth of global endovenous laser therapy market. Besides, Wontech Co. Ltd., Alma Lasers Ltd., and Syneron Medical Ltd. are also recognised as leading manufacturers of endovenous laser systems in the world.

Request Report TOC @ https://www.futuremarketinsights.com/askus/rep-gb-2785

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website :www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Endovenous Laser Therapy Market to Grow at CAGR of 7.3% through 2026 here

News-ID: 1052323 • Views: 121

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for CAGR

Wireless Charging Industry Climbing Towards CAGR 45.5%
According to a recent report published by Allied Market Research, titled, Global Wireless Charging Market by Technology and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2018-2025, The global wireless charging market was valued at $5,220.0 million in 2017, and is projected to reach $71,213.0 million by 2025, registering a CAGR of 38.7% from 2018 to 2025. At present, Asia-Pacific dominates the market, followed by North America. In 2017, the U.S.
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Global Serious Games Market Show 19.2% CAGR
A new report added by Allied Market Research, forecast that the global serious games market was valued at $2,731 million in 2016, and is projected to reach $9,167 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023. The consumers segment is anticipated to grow at the highest rate during the forecast period. Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to
Biogas Market CAGR to Grow at 6.5%
Global demand for biogas has witnessed a spike in demand, owing to mounting concerns over depleting fossil reserves and environmental impact of conventional fuels. According to Future Market Insights, global biogas market revenues totalled nearly US$ 24.5 Bn in 2015. During the forecast period 2016-2026, global biogas revenues are estimated to reach US$ 48, 761.2 million, growing at a steady 6.5% CAGR. Between 2016 and 2026, the global biogas revenues
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071910-global-bioinsecticides-market-growth-trends-forecast-for-the-period-2017-2022 Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020
Biofertilizers Market witnessing a CAGR of 13.3%
Reports And Markets Publish a New Market Research Report On –"Biofertilizers Market - By Microorganism, Application and Geography - Trends and Forecasts (2016 -2021)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071907-global-biofertilizers-market-by-microorganism-application-forecasts-2016-2021 Market Insights The global biofertilizers market, estimated at USD 590.9 million in 2015, is projected to reach USD 1.23 billion by 2021, witnessing a CAGR of 13.3% during the forecast period. The biofertilizers market is highly fragmented, with many small