Varicose Veins Treatment Devices Market Growing Trade Among Emerging Economies Opening New Opportunities 2021
SEATTLE , WASHINGTON, UNITED STATES, January 5, 2022 /EINPresswire.com/ -- 𝐕𝐀𝐑𝐈𝐂𝐎𝐒𝐄 𝐕𝐄𝐈𝐍 𝐓𝐑𝐄𝐀𝐓𝐌𝐄𝐍𝐓 𝐃𝐄𝐕𝐈𝐂𝐄𝐒 𝐌𝐀𝐑𝐊𝐄𝐓 𝐀𝐍𝐀𝐋𝐘𝐒𝐈𝐒
Varicose veins can cause due to old age, obesity, and pregnancy. In the vast majority of situations, patients do not have poor blood circulation or long-term health issues. They may have an unappealing appearance. Furthermore, many varicose veins do not require medical attention. If treatment is required, doctors first prescribe wearing compression stockings for six months. If the pain persists or difficulties arise, varicose veins can be treated with sclerotherapy, or endothermal ablation, ligation, and stripping.
𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐬:
The global varicose veins treatment devices market is expected to be worth US$ 991.5 million by 2027.
𝐆𝐥𝐨𝐛𝐚𝐥 𝐕𝐚𝐫𝐢𝐜𝐨𝐬𝐞 𝐕𝐞𝐢𝐧𝐬 𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐃𝐫𝐢𝐯𝐞𝐫𝐬
The rising incidences of obesity are expected to propel the global varicose veins treatment market growth during the forecast period. For instance, according to MedAlertHelp.org, around 1.9 billion adults globally are overweight.
𝐆𝐥𝐨𝐛𝐚𝐥 𝐕𝐚𝐫𝐢𝐜𝐨𝐬𝐞 𝐕𝐞𝐢𝐧𝐬 𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬
The development of major hospitals into new and unexplored markets is expected to provide lucrative growth prospects for market players. For instance, in August 2019, Kim Byoung Joon Ledas Varicose Vein Clinic, a South Korean hospital specializing in varicose veins, stated its plans to penetrate the Mongolian market by signing a memorandum of understanding (MOU) to provide international medical services and to establish cooperation and collaboration with two Mongolian medical institutions, one medical tourism company, and one education agency.
𝐓𝐨 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐋𝐚𝐭𝐞𝐬𝐭 𝐂𝐨𝐯𝐢𝐝𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 @ https://www.coherentmarketinsights.com/insight/request-sample/246
𝐆𝐥𝐨𝐛𝐚𝐥 𝐕𝐚𝐫𝐢𝐜𝐨𝐬𝐞 𝐕𝐞𝐢𝐧𝐬 𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐑𝐞𝐬𝐭𝐫𝐚𝐢𝐧𝐭𝐬
The use of substitute treatment options such as herbal remedies in Asia Pacific's developing countries is expected to hinder the global varicose veins treatment devices market growth during the forecast period. For instance, Ayurveda recommends using Boehirravia diffusa (blood purifier), Tinospora cardifolia (anti-infective), Rubia cordifolia, and caster roots (pain reliever) to naturally treat varicose veins.
𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬:
The Endovenous Laser Systems segment in the global varicose veins treatment market was worth US$ 302.9 million in 2019 and is expected to be worth US$ 546.7 million by 2027, growing at a 7.7 % CAGR over the forecast period. The rising incidences of obesity are expected to aid in the growth of the segment during the forecast period.
The Ambulatory Surgical Centers segment accounted for the largest share in the global varicose veins treatment market in 2019, representing 36.9% of the market share, trailed by the hospital segment. The segment's growth can be linked to rising demand for same-day operations in the world's developed countries.
𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬
Major research institutes and universities are focusing on varicose vein treatment device R&D. For instance, the Department of General Surgery at Tirunelveli Medical College Hospital in India began providing Radio Frequency Ablation (RFA) procedures for varicose veins in August 2019.
Rising funds and investment in research and development for varicose vein treatment are also projected to drive market growth.
For instance, Palatine Private Equity LLP in August 2019 reported a 'significant investment' in Veincentre a UK-based facility focusing on the treatment of all thread veins and varicose veins, as well as a provider of Endovenous laser ablation (EVLA) for varicose vein management.
𝐆𝐥𝐨𝐛𝐚𝐥 𝐕𝐚𝐫𝐢𝐜𝐨𝐬𝐞 𝐕𝐞𝐢𝐧𝐬 𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞
Some of the key players in the global varicose veins treatment devices market are LSO Medical, Dornier Medtech GmbH., Intros Medical Laser GmbH, AngioDynamics, Inc., WONTECH Co., Ltd., Alma Lasers Ltd., Energist Ltd., Syneron Medical Ltd., and Alna-Medicalsystem GmbH.
𝐓𝐨 𝐆𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐏𝐃𝐅 𝐁𝐫𝐨𝐜𝐡𝐮𝐫𝐞 𝐇𝐞𝐫𝐞 @ https://www.coherentmarketinsights.com/insight/request-pdf/246
𝐆𝐥𝐨𝐛𝐚𝐥 𝐕𝐚𝐫𝐢𝐜𝐨𝐬𝐞 𝐕𝐞𝐢𝐧𝐬 𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐊𝐞𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬
July 2019: Harvest One Cannabis Inc. acquired Delivra Corp., a specialist biotechnology company that develops and distributes transdermal delivery system platforms for varicose veins, nerve pain, and other illnesses.
April 2019: Medtronic plc published the five-year results of the VeClose Extension Study, which confirmed the long-term durability and consistency of the Medtronic VenaSeal Closure System for the treatment of chronic venous disease.
January 2019: Venclose Inc. collaborated with Viant, an ISO-certified medical device manufacturing company, to create next-generation vein treatment products, such as Venclose's VENCLOSE TM RF Ablation Catheter.
Segmentation:
• Varicose Veins Treatment Market, By Product Type:
⁃ Endovenous Laser Systems
⁃ Diode Lasers
⁃ Yag Lasers
⁃ Endovenous Laser Fibers
⁃ Bare Tip Laser Fiber
⁃ Radial Tip Laser Fiber
⁃ Gold tip Laser Fiber
⁃ Treatment Method
⁃ Non-thermal Ablation
⁃ Radiofrequency Ablation
⁃ Sclerotherapy
• Varicose Veins Treatment Market, By End User:
o Hospitals
o Ambulatory Surgical Centers
o Specialized Clinics
• Varicose Veins Treatment Market, By Region:
⁃ North America
⁃ Latin America
⁃ Europe
⁃ Asia Pacific
⁃ Africa
⁃ Middle East
𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐨 𝐀𝐯𝐚𝐢𝐥 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐅𝐥𝐚𝐭 𝟑𝟎% 𝐎𝐅𝐅
𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐅𝐮𝐥𝐥 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 @ https://www.coherentmarketinsights.com/insight/buy-now/246
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