Press release
Chronic Venous Insufficiency (CVI) Market Growing at a CAGR of around 5.4%
Chronic Venous Insufficiency (CVI) MarketThe Chronic Venous Insufficiency (CVI) Market was valued at ~USD 3.6 billion in 2024 and is projected to reach ~USD 6.1 billion by 2034, growing at a CAGR of around 5.4%. Increasing prevalence of varicose veins, rising geriatric population, and strong adoption of minimally invasive venous procedures are key drivers of market expansion.
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Key Market Drivers
• Growing number of patients with varicose veins, obesity, and deep vein disorders.
• Increasing use of endovenous laser therapy (EVLT), radiofrequency ablation (RFA), and sclerotherapy.
• Rising demand for compression therapy products.
• Improved diagnostic imaging technologies such as duplex ultrasound.
Challenges
• High procedure costs in advanced treatment settings.
• Limited awareness of early-stage CVI symptoms in developing regions.
• Recurrence risk requiring long-term patient follow-up.
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Market Segmentation
By Treatment
• Compression therapy
• Endovenous laser therapy (EVLT)
• Radiofrequency ablation (RFA)
• Sclerotherapy
• Surgical vein stripping (declining usage)
By Diagnosis
• Duplex ultrasound
• Doppler imaging
• Clinical evaluation
By End User
• Hospitals
• Vascular clinics
• Ambulatory surgical centers
By Distribution Channel
• Retail pharmacies
• Hospital pharmacies
• Online medical supply platforms
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Regional Snapshot
• North America leads due to high procedure volume, advanced vascular care, and strong adoption of minimally invasive methods.
• Europe shows steady growth with widespread use of compression therapy and endovenous procedures.
• Asia-Pacific is the fastest-growing region due to rising awareness and expanding vascular specialty clinics.
Key Companies
Medtronic, Boston Scientific, AngioDynamics, Teleflex, Cook Medical, Biocompression Systems, Sigvaris Group, 3M.
Future Outlook
The market will continue expanding as minimally invasive venous procedures, improved compression technologies, and digital vascular monitoring tools gain traction. Earlier diagnosis and wider access to vascular care will further strengthen long-term market growth.
This report is also available in the following languages : Japanese (慢性静脈不全市場), Korean (만성 정맥 부전 시장), Chinese (慢性静脉功能不全市场), French (Marché de l'insuffisance veineuse chronique), German (Markt für chronische Veneninsuffizienz), and Italian (Mercato dell'insufficienza venosa cronica), etc.
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