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Endovenous Laser Therapy Market New Study Including Growth Factors, Applications, Regional Analysis, Key Players and Forecast 2024
Press release from: Data Bridge Market Research
According to New Research Report The Endovenous Laser Therapy Market accounted to USD 200.5 million in 2016 growing at a CAGR of 7.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Endovenous laser therapy Market Analysis By Product Type (Endovenous Laser Systems (Diode Lasers, YAG Lasers), Endovenous laser Fibres (Bare Tip Laser Fibre, Radial Tip Laser Fibre, Gold Tip Laser Fibre), By End User (Hospital, Clinc, Ambulatory Center), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
The Endovenous laser therapy market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Endovenous laser therapy market for global, Europe, North America, Asia Pacific and South America.
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Endovenous laser therapy is the treatment of eliminating varicose veins using laser energy. The therapy is safe and effective in medical procedures such as eye surgery, dermatology.
Major Market Drivers and Restraints:
• Rising number of patients with varicose veins
• Increasing ageing population
• Technological advancement to adopt the new technology
• Increased adoption of adoption of endovenous laser systems
• High initial costs
• Lack of knowledge and skilled professionals
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By technology:- Endovenous laser systems, endovenous laser fibres. Endovenous laser systems segment is sub-segmented into diode lasers, YAG lasers and Endovenous laser Fibres segment is further segments into bare tip laser fibre, radial tip laser fibre, and gold tip laser fibre.
On the basis of end-users:- Hospital, clinic and ambulatory center.
On the basis of geography:- North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
In 2017, North America is expected to dominate the market.
Major Market Competitors:
Some of the major players operating in Endovenous laser therapy market are
• AngioDynamics, Inc.,
• Syneron Medical Ltd,
• Dornier Medtech GmbH,
• Alma Lasers Ltd.,
• Alna-Medicalsystem GmbH,
• LSO Medical,
• Wontech Co., Ltd,
• intros Medical Laser GmbH,
• Energist Ltd
• among others
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This release was published on openPR.
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