Varicose Vein Treatment Market Growth, Size and Key Players

Varicose Vein Treatment market is expected to grow from USD 0.26 billion in 2019 to USD 0.43 billion by 2026 at a CAGR of 6.68% from 2020 to 2026.

Varicose veins also referred to as varicosities or varicose is a condition caused due to enlargement of veins. The veins appear blue or dark purple in color and are swollen this condition. A patient affected by varicosities may experience pain due to improper blood flow. The condition generally occurs on legs and feet as an upright position while standing and walking increases the pressure within the veins of the lower body. Furthermore, technological advancement within the devices used for the treatment of veins will spur the varicose vein treatment devices’ market growth. The availability of patient-friendly devices with increased efficiency and safety will fuel the demand for such devices. As an example, Medtronic’s VenaSeal closure system is a non-thermal, non-tumescent also as a non-sclerosant procedure that uses a medical adhesive that”s endogenously delivered to shut the vein. this technique eliminates the danger of nerve injury during the treatment of small vena saphead. The development of such devices will upsurge the adoption rate favoring market growth. 

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The global Varicose Vein Treatment market has been segmented as below:

By Treatment Mode

• Endovenous Ablation

• Injection Sclerotherapy

• Surgical Ligation/Stripping

By Product

• Ablation Devices

• Radiofrequency Ablation Devices

• Laser Ablation Devices

• Venous Closure Products

By Region

• Europe

• North America

• Asia Pacific

• Rest of The World

Competitive Rivalry

Medtronic plc, AngioDynamics, Inc., Biolitec AG, Syneron Medical Ltd., Lumenis Ltd., Dornier MedTech GmbH, Energist Group, Eufoton s.r.l., Vascular Solutions, Inc., Quanta System S.p.A., and others are among the major players in the global market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.

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