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The global varicose vein treatment devices market was valued at USD 1.30 Billion in 2024, driven by increasing technical advancements across the globe. The market is anticipated to grow at a CAGR of 6.30% during the forecast period of 2025-2034, with the values likely to reach USD 2.39 Billion by 2034.
Base Year
Historical Year
Forecast Year
Varicose vein treatment devices are used in the treatment of swollen and enlarged veins that most commonly occur in the legs. These devices facilitate less invasive treatments such as laser therapy, radiofrequency ablation, and sclerotherapy. Such treatments give a speedy recovery and minimize complications. The market is growing due to the increasing incidence of venous disease and rising interest in minimally invasive treatment. Technological advancements, increasing attention to healthcare services, and the rising outpatient treatment preference are further driving the market growth.
Growing Prevalence of Varicose Veins to Drive the Market Value
The increasing incidence of varicose veins, especially in the elderly population is acting as a significant growth driver for the market. According to a study published in the PubMed Central (PMC), approximately 23% of adults in the United States suffer from varicose veins, thus enhancing the demand for advanced treatment solutions. Aging, particularly related to weakness of vein walls and valves along with lifestyle shifts that promote obesity have further resulted in increasing incidences of venous diseases, driving the growth in this market.
The market is witnessing several trends and developments to improve the current scenario. Some of the notable trends are as follows:
The market report offers a detailed analysis of the market based on the following segments:
Market Breakup by Treatment Mode
Market Breakup by Products
Market Breakup by End User
Market Breakup by Region
Segmentation Based on Products to Witness Substantial Growth
The market is segmented into various types of products, including ablation devices, radiofrequency ablation devices, laser ablation devices, and venous closure products. Among these, laser ablation devices are expected to capture a significant share of the market due to their high effectiveness and the growing popularity of non-invasive treatments. These laser procedures involve fewer side effects, a quicker recovery process, and are less invasive, making them the preferred choice for both patients and providers.
The market is segmented into various regions, including the North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America stands out as one of the largest markets for varicose vein treatment devices, driven by an aging population, advanced healthcare infrastructure, and high patient awareness. Additionally, the growing preference for minimally invasive procedures contributes to market growth. In Europe, the adoption of advanced varicose vein treatment devices is increasing significantly, particularly in the private healthcare sector, due to the rising demand for cosmetic and therapeutic procedures that require minimal invasiveness.
The key features of the market report comprise patent analysis, grants analysis, funding and investment analysis, and strategic initiatives by the leading players. The major companies in the market are as follows:
Medtronic, incorporated in 1949 and headquartered in Dublin, Ireland, is the leader in medical technology. In the varicose vein treatment market, they offer its VenaSeal Closure System, a minimally invasive closure system that allows for efficient occlusion of affected veins using medical adhesive for optimal patient outcomes.
AngioDynamics is a Latham, New York-based company that was founded in 1988. It is dedicated to manuf...
Sciton was established in 1997 and is based in Palo Alto, California. The company specializes in adv...
The company is a minimally invasive medical technology company, that was founded in 2000. It has its...
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the market include Teleflex Incorporated, Dornier MedTech, Alma Lasers, Lumenis Be Ltd., Boston Scientific, and Quanta System.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Treatment Mode |
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Breakup by Products |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Supplier Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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