openPR Logo
Press release

Varicose Vein Treatment Devices Market - Global Industry Analysis 2024

05-05-2017 05:17 PM CET | Health & Medicine

Press release from: Varicose Vein Treatment Devices Market

Varicose Vein Treatment Devices Market - Global Industry

Varicose veins form in the leg due to flow of blood in the opposite direction, which creates extreme pressure in the already blocked veins. Varicose veins can lead to ulceration, swelling, and venous eczema. The condition can significantly hamper quality of life. Over 40% of total U.S. population is affected by varicose veins and over 30 million U.S. citizens suffer from venous insufficiency and the risk of developing varicose veins increases with the age. Several invasive techniques such as sclerotherapy, laser ablation and laser and intense-pulsed therapy are used to treat varicose veins. However, the market is slowly shifting towards minimally-invasive treatment methods such as medical adhesive as there is no need for anesthesia administration and leads to relatively less bruising caused due to laser based treatment methods.

Download Exclusive PDF Brochure of This Report : https://www.coherentmarketinsights.com/insight/request-sample/246

Endovenous laser ablation devices is projected to be a key segment in the varicose vein treatment devices market

Varicose vein treatment devices market is an ever-evolving market with technological innovation leading to development of advanced products. The endovenous laser ablation devices are gaining significant traction in this market. This treatment method is relatively expensive in comparison to other invasive techniques such as laser ablation and sclerotherapy. However, the demand for these devices is increasing at rapid pace due to its minimally invasive nature, reduced treatment time, better blood circulation and complete closure. Further, the introduction of medical adhesives to close the affected site has been a game changer. For instance, Medtronic launched VenaSeal Closure System in July 2015. Miravas, a France-based startup presented their new product called VBox during Medica 2016. VBox utilizes steam generated from water. The water vapor is then released to the affected vein through catheter. Such novel products will provide a new direction to the varicose vein treatment devices indusrtry in the near future and motivate the key players to launch products with cutting-edge technology in order to stay competitive.

Get Exclusive Discount on this CMI Report: https://www.coherentmarketinsights.com/insight/request-discount/246

Varicose vein treatment devices market is poised to gain strong traction in the Asia pacific region

North America is the largest market for varicose vein treatment devices accounting to large patient pool, reimbursement for minimally invasive procedures under Medicare and private insurance. According to the data published by Society for Vascular Surgery and the American Venous Forum, an estimated 3.7 million people suffer from varicose veins in Canada. This is attributed to the demographic shift towards geriatric population and high prevalence of obesity. An estimated 1 million are treated for varicose veins in U.S. which reflects upon the under-penetration of the market in the country. Europe is the second largest market with a regional prevalence rate of 35% across European population. With the increase in aging population and rise in prevalence of obesity, the market for varicose vein treatment devices is forecast to witness considerable growth in North America and Europe.

Countries such as China and India constitute significant patient population for varicose vein treatment devices. According to the study conducted by Wockhardt Hospital, 7% of Indian population is suffering from varicose veins. As per OMICS International, the prevalence rate for varicose veins in China is 10% and 29% for male and female population respectively. Asia Pacific region will bear high growth rate for varicose vein treatment devices market as the geriatric population increases coupled with improving healthcare infrastructure and rise in awareness among people about early treatment methods.

Browse Global Strategic Business Report : https://www.coherentmarketinsights.com/ongoing-insight/varicose-vein-treatment-devices-market-246

The varicose vein treatment devices market is consolidated in nature with key players adopting Mergers and Acquisitions strategy

Key players in the market include Medtronic plc, Angio Dynamic Inc, Vascular Solutions Inc, Dornier Medtech GmbH, Syneron Medical ltd, Energist Group and Biolitec AG, among others. The market has witnessed the entry of new players such as Miravas and BTG plc. The key companies have adopted mergers and acquisition strategy to gain market share and maintain dominant position in the varicose vein treatment devices market. For instance, Medtronic acquired Sapheon Inc in 2014 for an undisclosed amount. The market is anticipated to maintain a state of consolidation with top four companies contributing major share of the market.

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:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
Visit Coherent Market Insights Blog @ https://blog.coherentmarketinsights.com/
Connect with us on LinkedIn @ https://www.linkedin.com/company/coherent-market-insights

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 Varicose Vein Treatment Devices Market - Global Industry Analysis 2024 here

News-ID: 525299 • Views: 187

More Releases for Coherent

Coherent Optical Equipment Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Coherent Optical Equipment Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-coherent-optical-equipment-market_p107267.html   Coherent optical equipment refers to all the
PHASE-XS – A New Proprietary Database of Coherent Market Insights
PHASE-XS is a database developed by Coherent Market Insights, a market intelligence and consulting company. This database provides clinical information about phase 3 and phase 4 products for biologics and biosimilars. Information related to trial design, current phase, patent expiry, indication, technology, therapeutic category, approved indications, end point analysis, research locations, dosage, physician-administered or self-administered, route of administration, update, reimbursement, addressable patient population, and more of key data is included
PHASE-XS – A New Proprietary Database of Coherent Market Insights
PHASE-XS is a database developed by Coherent Market Insights, a market intelligence and consulting company. This database provides clinical information about phase 3 and phase 4 products for biologics and biosimilars. Information related to trial design, current phase, patent expiry, indication, technology, therapeutic category, approved indications, end point analysis, research locations, dosage, physician-administered or self-administered, route of administration, update, reimbursement, addressable patient population, and more of key data is included
Semiconductor Lasers Market: ASML, Axcel Photonics, Coherent, IPG Photonics, New …
MarketResearchReports.Biz announced the analysis report titled "Global Semiconductor Lasers Market": Industry Analysis, Size, Share, Growth, Trends, and Forecasts. The Semiconductor Lasers Market has been comprehensively detailed in the report with special focus on a range of key elements such as market share, forecast and base figures, CAGR, driving factors, growth restraints, and business opportunities. Buyers of the report are expected to be informed about significant improvements in the market and its
New Report By Coherent Market Insights: Zika Vaccines Market
Zika vaccines are developed for immunization & prevention against diseases caused by Zika virus. This virus belongs to genus Flavivirus and is transmitted by Aedes mosquitoes. The virus can also be transmitted through blood transfusion, sexual contact or from infected pregnant women to the fetus. Diagnosis of this infection is confirmed by detecting viral DNA through PCR. However, only 1 in 4 people with zika infection are prone to develop
Coherent Market Insights
Third party logistics (TPL or 3PL), is a service provider outsourced by a company in a supply chain management or logistic. Increasing globalization for trade offers manufacturing companies with a worldwide networking platform. Companies majorly focus on keeping up with their productivity, and thus rely on third party logistics to suffice their transportation and packaging. This in turn, has driven growth of the market for third part logistics. Growing e-commerce