Market Overview:
The global varicose vein treatment device market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing prevalence of varicose veins, technological advancements in the field of varicose vein treatment devices, and rising awareness about the benefits of these devices. Based on type, the global varicose vein treatment device market is segmented into laser varicose vein treatment, radiofrequency (RF)varicose vein treatment, and Varus type peeling device. The laser therapy segment is expected to account for the largest share of the global market in 2018 owing to its high efficacy and safety profile.
Product Definition:
Varicose Vein Treatment Device is a device used to treat varicose veins. It is important to use a Varicose Vein Treatment Device because it can help improve the appearance of varicose veins and may also help relieve some of the symptoms associated with them.
Laser Varicose Vein Treatment:
Laser varicose vein treatment is a non-invasive technique that involves the use of light to treat varicose veins. The laser treatment helps in reducing swelling, pain and inflammation along with improved blood circulation. It also helps in increasing the strength of valves that are located near the surface of the skin (the valves help in preventing blood from backing up into the vein).
Radiofrequency Varicose Vein Treatment:
Radiofrequency (RF) varicose vein treatment is a minimally invasive technique that uses radio-frequency to heat and destroy the lining of veins. It also helps in reducing swelling, pain, and inflammation. This treatment is recommended for patients who have suffered from varicose veins for more than two weeks along with those who are suffering from other associated conditions such as obesity or edema.
Application Insights:
On the basis of application, the global varicose vein treatment device market has been segmented into leg varicose veins, face varicose veins and arm varicose veins. The legvaricosed Vein Treatment Devices segment dominated the market in 2017 due to high usage rates and prevalence rates of chronic diseases such as diabetes & hypertension in this region. Face Varicose Veins are expected to be one of the fastest-growing segments during the forecast period owing to increasing awareness about beauty and appearance among individuals across various regions including North America, Europe, Asia Pacific and Middle East & Africa.
The Arm Varicocele Treatment Devices segment is expected to witness significant growth over next few years due to rising number of patients suffering from arm vein blockage or dilated appearance in case of single-vein arms which occurs most often in men than women.
Regional Analysis:
Europe dominated the global market in 2017 owing to rising incidence of varicose veins and increasing adoption of laser, RF and ultrasound technologies. The presence of favorable reimbursement policies for medical treatments provided by non-emergency services is also expected to boost the regional market during the forecast period.
Asia Pacific is expected to witness lucrative growth over the forecast period due to growing medical tourism industry in emerging countries such as India, China, Malaysia & Thailand. In addition, booming real estate sector in these developing nations will also create a high demand for advanced vein treatment devices such as varicose vein treatment machines which are used for leg ulcer healing process.
Growth Factors:
- Increasing prevalence of varicose veins: The global prevalence of varicose veins is expected to increase from 9.4% in 2010 to 11.8% by 2020, owing to the increasing aging population and rising obesity rates. This will create a larger pool of patients who will require treatment for their varicose veins, thereby driving the demand for varicose vein treatment devices.
- Technological advancements: The development of new and innovative technologies in the field of varicose vein treatment has led to the introduction of novel devices that are more effective and cause less pain than traditional treatments methods such as surgery or sclerotherapy injections. This is likely to spur demand for these devices in the coming years.
- Growing awareness about available treatments: There is a growing awareness among people about available treatments forvaricose veins, which is helping to drive demand for these devices worldwide .This trend is particularly evident in developed countries where people are increasingly seeking out minimally invasive procedures over traditional surgical procedures due to shorter recovery times and lower risks associated with them .
Scope Of The Report
Report Attributes
Report Details
Report Title
Varicose Vein Treatment Device Market Research Report
By Type
Laser Varicose Vein Treatment, Radiofrequency Varicose Vein Treatment, Varus type peeling device, Trivex System
By Application
Leg Varicose Veins, Face Varicose Veins, Arm Varicose Veins
By Companies
AngioDynamics, Lumenis, Syneron, Biolitec, Energist Group, EUFOTON S.R.L, Vascular Solutions, Quanta System S.p.A., WON TECH Co., Ltd., INTERmedic, LSO, ALNA, GIGAA LASER, Lingyun Photoelectronic System
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Varicose Vein Treatment Device Market Report Segments:
The global Varicose Vein Treatment Device market is segmented on the basis of:
Types
Laser Varicose Vein Treatment, Radiofrequency Varicose Vein Treatment, Varus type peeling device, Trivex System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Leg Varicose Veins, Face Varicose Veins, Arm Varicose Veins
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AngioDynamics
- Lumenis
- Syneron
- Biolitec
- Energist Group
- EUFOTON S.R.L
- Vascular Solutions
- Quanta System S.p.A.
- WON TECH Co., Ltd.
- INTERmedic
- LSO
- ALNA
- GIGAA LASER
- Lingyun Photoelectronic System
Highlights of The Varicose Vein Treatment Device Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Laser Varicose Vein Treatment
- Radiofrequency Varicose Vein Treatment
- Varus type peeling device
- Trivex System
- By Application:
- Leg Varicose Veins
- Face Varicose Veins
- Arm Varicose Veins
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Varicose Vein Treatment Device Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A varicose vein treatment device is a medical device that helps to treat varicose veins. This device can be used to help reduce the size and number of varicose veins, as well as improve blood flow in these veins.
Some of the major companies in the varicose vein treatment device market are AngioDynamics, Lumenis, Syneron, Biolitec, Energist Group, EUFOTON S.R.L, Vascular Solutions, Quanta System S.p.A., WON TECH Co., Ltd., INTERmedic, LSO, ALNA, GIGAA LASER, Lingyun Photoelectronic System.
The varicose vein treatment device market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Varicose Vein Treatment Device Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Varicose Vein Treatment Device Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Varicose Vein Treatment Device Market - Supply Chain
4.5. Global Varicose Vein Treatment Device Market Forecast
4.5.1. Varicose Vein Treatment Device Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Varicose Vein Treatment Device Market Size (000 Units) and Y-o-Y Growth
4.5.3. Varicose Vein Treatment Device Market Absolute $ Opportunity
5. Global Varicose Vein Treatment Device Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Varicose Vein Treatment Device Market Size and Volume Forecast by Type
5.3.1. Laser Varicose Vein Treatment
5.3.2. Radiofrequency Varicose Vein Treatment
5.3.3. Varus type peeling device
5.3.4. Trivex System
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Varicose Vein Treatment Device Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Varicose Vein Treatment Device Market Size and Volume Forecast by Application
6.3.1. Leg Varicose Veins
6.3.2. Face Varicose Veins
6.3.3. Arm Varicose Veins
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Varicose Vein Treatment Device Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Varicose Vein Treatment Device Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Varicose Vein Treatment Device Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Varicose Vein Treatment Device Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Varicose Vein Treatment Device Demand Share Forecast, 2019-2026
9. North America Varicose Vein Treatment Device Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Varicose Vein Treatment Device Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Varicose Vein Treatment Device Market Size and Volume Forecast by Application
9.4.1. Leg Varicose Veins
9.4.2. Face Varicose Veins
9.4.3. Arm Varicose Veins
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Varicose Vein Treatment Device Market Size and Volume Forecast by Type
9.7.1. Laser Varicose Vein Treatment
9.7.2. Radiofrequency Varicose Vein Treatment
9.7.3. Varus type peeling device
9.7.4. Trivex System
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Varicose Vein Treatment Device Demand Share Forecast, 2019-2026
10. Latin America Varicose Vein Treatment Device Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Varicose Vein Treatment Device Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Varicose Vein Treatment Device Market Size and Volume Forecast by Application
10.4.1. Leg Varicose Veins
10.4.2. Face Varicose Veins
10.4.3. Arm Varicose Veins
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Varicose Vein Treatment Device Market Size and Volume Forecast by Type
10.7.1. Laser Varicose Vein Treatment
10.7.2. Radiofrequency Varicose Vein Treatment
10.7.3. Varus type peeling device
10.7.4. Trivex System
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Varicose Vein Treatment Device Demand Share Forecast, 2019-2026
11. Europe Varicose Vein Treatment Device Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Varicose Vein Treatment Device Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Varicose Vein Treatment Device Market Size and Volume Forecast by Application
11.4.1. Leg Varicose Veins
11.4.2. Face Varicose Veins
11.4.3. Arm Varicose Veins
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Varicose Vein Treatment Device Market Size and Volume Forecast by Type
11.7.1. Laser Varicose Vein Treatment
11.7.2. Radiofrequency Varicose Vein Treatment
11.7.3. Varus type peeling device
11.7.4. Trivex System
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Varicose Vein Treatment Device Demand Share, 2019-2026
12. Asia Pacific Varicose Vein Treatment Device Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Varicose Vein Treatment Device Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Varicose Vein Treatment Device Market Size and Volume Forecast by Application
12.4.1. Leg Varicose Veins
12.4.2. Face Varicose Veins
12.4.3. Arm Varicose Veins
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Varicose Vein Treatment Device Market Size and Volume Forecast by Type
12.7.1. Laser Varicose Vein Treatment
12.7.2. Radiofrequency Varicose Vein Treatment
12.7.3. Varus type peeling device
12.7.4. Trivex System
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Varicose Vein Treatment Device Demand Share, 2019-2026
13. Middle East & Africa Varicose Vein Treatment Device Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Varicose Vein Treatment Device Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Varicose Vein Treatment Device Market Size and Volume Forecast by Application
13.4.1. Leg Varicose Veins
13.4.2. Face Varicose Veins
13.4.3. Arm Varicose Veins
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Varicose Vein Treatment Device Market Size and Volume Forecast by Type
13.7.1. Laser Varicose Vein Treatment
13.7.2. Radiofrequency Varicose Vein Treatment
13.7.3. Varus type peeling device
13.7.4. Trivex System
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Varicose Vein Treatment Device Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Varicose Vein Treatment Device Market: Market Share Analysis
14.2. Varicose Vein Treatment Device Distributors and Customers
14.3. Varicose Vein Treatment Device Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AngioDynamics
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lumenis
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Syneron
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Biolitec
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Energist Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. EUFOTON S.R.L
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Vascular Solutions
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Quanta System S.p.A.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. WON TECH Co., Ltd.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. INTERmedic
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. LSO
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ALNA
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. GIGAA LASER
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Lingyun Photoelectronic System
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
