Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Global Varicose Vein Treatment Market to Clock CAGR of ~5% From 2019 to 2027, Expanding Array of New Minimally-Invasive Techniques Key to Growth: Transparency Market Research

This image opens in the lightbox

News provided by

Transparency Market Research

25 Feb, 2020, 09:03 GMT

Share this article

Share toX

Share this article

Share toX

Constant launch of an array of new, novel minimally-invasive therapies has opened new avenues in the varicose vein treatment market. A case in point is endovenous cyanoacrylate super-glue

New techniques to develop safe and effective treatments to chronic venous insufficiency have helped expand market potential; sclerotherapy has attracted intense focus

ALBANY, New York, Feb. 25, 2020 /PRNewswire/ -- An array of devices, catheter techniques, and agents that promise less-invasive ways of treating or managing varicose veins is gaining acceptance among patients and surgeons. Advent of novel therapies and patient-friendly therapeutic interventions has expanded the revenue potential of the market, as envisaged by the analysts of a new study on the varicose veins treatment market.

The valuation of the global Varicose Vein Treatment Market stood at ~US$ 1.5 bn in 2018 and is expected to clock a CAGR of ~5% during the forecast period 2019–2027. Advancements in endothermal ablasion or endovenous laser treatment are broadening the scope of revenue generation for players in the market.

"Companies in the varicose vein treatment market should focus on developing compression bandages and other compression products with better clinical outcomes, such as speedy recovery," opine analysts at TMR. They further add, "Phlebectomy is a reliable surgical treatment that is less technically challenging as compared to many other treatment options. Companies should lean on introducing minimally-invasive devices that improve outcomes in patients"

Varicose Vein Treatment Market Study

  • Of all the disease treated, greater saphenous varicose veins holds the leading share of the global revenues; rising at an exemplary growth, it is expected to reach worth of ~US$ 1 billion by 2024-end
  • Among the various key treatment types, endovenous ablation accounted for a sizable share of revenues in the global varicose veins treatment market. The projected worth is ~US$ 800 million by 2027-end; it is considered as the first line of treatment of varicose veins. The sclerotherapy/adhesion injection segment held the leading share in the global market in 2018
  • The dominant share of revenues is projected to come from compression garments and devices; the segment will reach valuation worth of ~US$ 1.1 billion by the end of 2027. Compression therapies have gained acceptance among patients to post the sclerotherapy
  • The demand for ablation devices is expected to rise at rapid pace over the forecast period.

Explore 230 pages of top-notch research, incisive insights, and detailed country-level projections. Gain business intelligence on Varicose Vein Treatment Market (Treatment Type: Endovenous Ablation, Sclerotherapy/Adhesion Injections, Ligation/Stripping, Supportive Treatments; Product: Ablation Devices [Radio Frequency Ablation/Thermal Ablation, Laser Ablation Devices, Ultrasound Ablation Devices], Catheters/Kits for Sclerotherapy & Adhesion Injections, Compression Devices/Garments, Others; Disease: Greater Saphenous Varicose Vein, Small Saphenous Varicose Vein, Others; End User: Hospitals & Ambulatory Surgical Centers, Specialty Clinics, Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027 at https://www.transparencymarketresearch.com/report-toc/11714

Varicose Vein Treatment Market: Key Driving Factors

Trends pertaining to risk factors of varicose veins and manifestation of chronic venous insufficiency in patients have been propelling the evolution of the varicose veins treatment market.

  • Obesity is a key risk factor associated with varicose veins and has been a key driver for demand in some developed nations, such as the U.S. According to CDC, the prevalence of obesity was 39.8% in adults during 2015 – 2016.
  • More than 40,000 operations are performed each year for varicose veins in the U.K. This has driven the demand for endovenous ablation techniques.
  • According to Occupational Safety and Health Research Institute, the reported worldwide prevalence of lower limb varicose veins lies between 10% - 30%. This has been a substantial driver for effective and safe therapeutic interventions and surgical techniques.

Download a PDF Brochure of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11714

Key Impediments to Varicose Vein Treatment Market Players

High cost is a major factor dampening uptake of varicose vein treatment methods in patient populations around the world. The average cost of vein stripping surgery can run into thousands of dollars.

Paucity of effective diagnostic modalities and less awareness among patient population have hampered the evolution of the varicose veins treatment market. Players are relentlessly focused on introducing effective as well as cost-effective therapies for the treatment of varicose veins.

Varicose Vein Treatment Market: Region-wise Analysis

Both North America and Europe are prominent markets for varicose veins treatment. North America held the leading share in 2018, followed by the other. Numerous strategic moves made by key players in these regional markets have been propelling their expansion.

In particular, adoption of novel treatment techniques and technologically developed surgical methods for the patient population is driving revenues in the North America market. Prominently, prevalence of varicose veins and several venous insufficiency in the U.S. has spurred the demand for minimally-invasive and effective therapeutic intervention among the patient population.

Competition Landscape

Most players are on their heels to unveil new, novel techniques to consolidate their position in various key markets. Top companies planning to consolidate their shares are focusing on geographic expansions. To this end, a few players have harnessed the strength of mergers and acquisitions. Further, they are engaging in distribution agreements that will help them cater to the unmet needs in emerging markets.

Some of the top players in the varicose vein treatment market are Teleflex Incorporated, Mylan N.V., VVT Medical, BTG International Ltd., AngioDynamics, BSN medical GmbH, and Medtronic.

Inquire for a Sample Copy of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=11714 

The varicose vein treatment market is segmented on the basis of:

Treatment Type

  • Endovenous Ablation
  • Sclerotherapy / Adhesion Injections
  • Ligation/Stripping
  • Supportive Treatments

Product

  • Ablation Devices
    • Radio Frequency Ablation/Thermal Ablation
    • Laser Ablation Devices
    • Ultrasound Ablation Devices
  • Catheters / Kits for Sclerotherapy & Adhesion Injections
  • Compression Devices / Garments
  • Others

Disease

  • Greater Saphenous Varicose Vein
  • Small Saphenous Varicose Vein
  • Others

End User

  • Hospitals & Ambulatory Surgical Centers
  • Specialty Clinics
  • Others

Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific  
    • China
    • India
    • Japan
    • Australia & New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Israel
    • Rest of Middle East & Africa

Explore Transparency Market Research's award-winning coverage of the global Healthcare industry:

Endovenous Laser Therapy Market - Endovenous laser therapy (EVLT) has been used for the treatment of varicose veins with significant success, especially in adult populations with saphenous insufficiency. Varicose veins are a common condition in adult populations of several industrialized nations, increasingly affecting their quality of life. The global endovenous laser therapy market has made considerable strides, driven by continuous advances in techniques used in the procedures.

Compression Garments Market - Rising number of sports and recreational injuries observed across the world is a prominent factor fuelling the growth of the global compression garments market. According to a study published by the U.S. Department of Health and Human Services in 2014, an estimated 8.6 million injuries were reported in the U.S., primarily due to rise in physical activities undertaken by people in the country. 

Compression Therapy Market - According to this business report, the demand in the global compression therapy market will propagate at a notable CAGR of 5.44% during the forecast period of 2017 to 2024. Value-wise, the analyst of the report has estimated the opportunities in the compression therapy market, across the world, to generate a revenue of US$4.25 billion by the end of 2024, mounting from its evaluated worth of US$2.93 billion as of 2017.

Gain access to Market Ngage, an AI-powered, real-time business intelligence that goes beyond the archaic research solutions to solve the complex strategy challenges that organizations face today. With over 15,000+ global and country-wise reports across 50,000+ application areas, Market Ngage is your tool for research on-the-go. From tracking new investment avenues to keeping a track of your competitor's moves, Market Ngage provides you with all the essential information to up your strategic game. Power your business with Market Ngage's actionable insights and remove the guesswork in making colossal decisions.

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

Logo-https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg

Modal title

Also from this source

Ultra-high Purity Anhydrous Hydrogen Chloride (HCl) Gas Market to Reach USD 5.7 Billion by 2031, Expanding at a CAGR of 5.4% | TMR Report

Ultra-high Purity Anhydrous Hydrogen Chloride (HCl) Gas Market to Reach USD 5.7 Billion by 2031, Expanding at a CAGR of 5.4% | TMR Report

Over the last year, several companies have announced new semiconductor fabrication sites, especially in the U.S., India, and Europe. These...

Silicon Metal Market Size Projected to Expand to USD 10.7 Billion by 2031 Exhibiting 5.1% CAGR: Transparency Market Research, Inc.

Silicon Metal Market Size Projected to Expand to USD 10.7 Billion by 2031 Exhibiting 5.1% CAGR: Transparency Market Research, Inc.

The market was valued at US$ 6.9 billion in 2022. The Silicon Metal Market Growth is estimated to reach US$ 10.7 billion by the end of 2031,...

More Releases From This Source

Explore

Health Care & Hospitals

Health Care & Hospitals

Medical Pharmaceuticals

Medical Pharmaceuticals

News Releases in Similar Topics

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.