Varicose Vein Treatment Market Scope
A new report titled “Global Varicose Vein Treatment Market Professional Report 2020-2026” has been added by Straits Research to its repository of research reports. The report analyzes and estimates the Varicose Vein Treatment Market Size on global, regional, and country levels. The report offers data from previous years and an in-depth analysis based on the revenue.
The global varicose vein treatment market was valued at $ 376.64 million in 2017, and is projected to reach $ 589.06 million by 2025, growing at a CAGR of 5.7% from 2019 to 2026.
While studying the global market for Varicose Vein Treatment, the report also thoroughly analyzes the driving factors, development trends, restraints, challenges, and lucrative challenges to showcase the current and future market scenario. Straits Research has provided a comprehensive report that consists of the key market strategies based on the latest technologies, applications, and different geographies around the world. The market is expected to show significant growth over the forecast period due to the increasing demand for Varicose Vein Treatment Industry.
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Competitive Analysis
Key players in the global market for varicose vein treatment include Medtronic, AngioDynamics, Syneron Candela, BTG International Ltd., VVT Medical, F Care System, WON TECH Co., Ltd., DJO Global, Inc., Miravas, Mylan N.V., Teleflex Incorporated, Biolitec AG ,BSN medical, and SIGVARIS. The market for global varicose vein treatment is highly fragmented in nature, with different market players operating in local regions. Some of the key players are engaging in acquisitions, collaborations, and partnerships to gain a competitive edge. For instance, in 2019, Boston Scientific acquired BTG International Ltd to sell the devices used in minimally invasive procedures aimed at vascular diseases, such as varicose veins. In 2018, BTG International Ltd. acquired Novate Medical Ltd to strengthen its role in the vascular market. In March 2016, AngioDynamics partnered with Merz North America to market Asclera in the U.S. for varicose vein treatment. In 2006 it also acquired ‘Sotradecol’ from Bioniche Pharma Group for the same. In November 2017, Biolitec AG announced the results of the long-term study on LEONARDO Mini laser therapy to treat varicose veins to be a success.
These key players have adopted organic and inorganic growth strategies, including new product launches and developments, joint ventures, partnerships, research and development (RD) activities, agreements, contracts, collaborations, and mergers acquisitions (MA) to strengthen their position in the market.
Varicose Vein Treatment Market Segmentation
By Type, Endovenous Ablation , Sclerotherapy , Ligation , Supportive Treatments By Product, Ablation Devices , Radio Frequency Ablation or Thermal Ablation , Laser Ablation Devices , Ultrasound Ablation Devices , Catheters or Kits for Sclerotherapy Adhesion Injections , Compression Devices , Others By End Users, Academic Institutes and Centers , Hospitals and Clinics , Military Organizations
This report forecasts revenue growth at the global, regional, and local levels. It analyzes the most recent industry trends from 2020 to 2026 in each of the segments and sub-segments. Some of the major geographies included in the market are given below:
- North America (U.S., Canada)
- Europe (U.K., Germany, France, Italy)
- Asia Pacific (China, India, Japan, Singapore, Malaysia)
- Latin America (Brazil, Mexico)
- Middle East Africa
Study Objectives of Global Varicose Vein Treatment Market:
- To provide an in-depth analysis of the overall structure of the market along with the forecast of the various segments and sub-segments of the global Varicose Vein Treatment market.
- To provide insights about the factors influencing the growth of the market.
- To study the global Varicose Vein Treatment market analysis on the basis of porter’s five forces analysis, SWOT, and pestel analysis.
- To provide historical data and forecast revenue of the market segments and their sub-segments regarding regional distribution, including North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
- To provide a detailed country-level analysis of the global industry to determine the current Varicose Vein Treatment market size and the future prospective.
- To provide a comprehensive analysis of the market for segments by product type, the technology used, end-users, applications, and region.
- To strategically profile the leading players functioning in the global Varicose Vein Treatment market, comprehensively analyze their core competencies, and frame a competitive advantage.
- To identify and study the key developments such as new product launches, mergers acquisitions (MA), joint ventures, research and development (RD) activities, and strategic alliances in the global Varicose Vein Treatment market.
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Other features of the report:
- Gives a thorough analysis of the key strategies with a focus on the corporate structure, RD methods, localization strategies, production capabilities, sales, and performance in various companies.
- Provides valuable insights into the product portfolio, including product planning, development, and positioning.
- Analyses the role of key market players and their partnerships, mergers, and acquisitions.
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