Aug 31, 2018   SOURCE: PR NewsWire

Global Varicose Veins Treatment Devices Market Size, Share & Trends 2018-2025

DUBLIN, Aug. 31, 2018 /PRNewswire/ --

The "Varicose Veins Treatment Devices Market Size, Share & Trends Analysis Report By Type (Endovenous Ablation, Sclerotherapy, Surgical Ligation & Stripping), By Region, And Segment Forecasts, 2018 - 2025" report has been added to ResearchAndMarkets.com's offering.

The global varicose veins treatment devices market is expected to reach USD 1,715.6 million by 2025.

The growth in investments by the companies in the industry to develop innovative and effective products is likely to increase the market growth over the forecast period.

Due to the risk of infections associated with invasive surgeries, surgical vein stripping methods have been replaced by noninvasive procedures. Schlerotherapy is the most popular and used as a first-line of treatment for varicose veins among endovenous ablation and surgical stripping.

Key Findings

    --  Sclerotherapy dominated the market in the year 2017 due to its
        advantages including no scarring; no need for anesthesia; no need for
        hospital admission; simple follow-up treatments; and favorable
        reimbursement policies.
    --  In the U.S., Medicare provides coverage to the patients undergoing
        sclerotherapy treatment for varicose veins, which can increase its
        adoption by the care providers and especially by the patients.
    --  Medtronic announced that new CPT codes may aid in getting positive
        coverage for its VenaSeal closure device from public and private
        insurers in the U.S. in November 2017.
    --  Endovenous ablation segment is anticipated to witness the fastest growth
        over the forecast period as it is preferred over the conventional
        procedures such as surgical stripping and ligation.
    --  North America dominated the market in terms of revenue share in the year
        2017 as about 30 million Americans suffer from varicose vein each year.
    --  In May 2016, Navarro opened a vein center in the U.S. with a vision to
        educate the community about chronic venous insufficiency & varicose
        veins and the proper treatment for varicose veins.
    --  Asia Pacific is expected to be the fastest-growing market segment in the
        coming years due to rising awareness about minimally invasive and
        noninvasive procedures, rising disposable income levels, and large base
        of geriatric population.
    --  Some of the key market players are AngioDynamics, Inc.; Medtronic plc;
        Syneron Medical Ltd.; Biolitec AG; Lumenis Ltd.; Energist Group; Eufoton
        srl; and Teleflex, Inc.
    --  Development of innovative products, commercialization, and availability
        of reimbursements for the product are some of the strategies undertaken
        by the market players to strengthen their position in the market.
    --  In addition, market players acquire other vascular businesses to boost
        their own product portfolio and overall revenue. For instance, Teleflex
        acquired Vascular Solutions, Inc. in 2017.
    --  Some of the market players play a role of distributors by purchasing
        products from core manufacturers. For instance, AngioDynamics, Inc.
        purchased Asclera from Merz in March 2016.

Key Topics Covered

Chapter 1 Executive Summary
1.1 Market Snapshot

Chapter 2 Research Methodology
2.1 Information Procurement
2.2 Data Analysis

Chapter 3 Market Variables, Trends & Scope
3.1 Market Segmentation and Scope
3.1.1 Market driver analysis
3.1.1.1 Preference for minimally invasive treatment procedures
3.1.1.2 Introduction of advanced devices
3.1.1.3 Increasing geriatric population
3.1.2 Market restraint analysis
3.1.2.1 Risk factors in varicose vein treatment
3.2 Penetration & Growth Prospects Mapping
3.3 Varicose Vein Treatment Devices Market - PESTLE Analysis
3.4 Industry Analysis - Porter's
3.5 Varicose Vein Treatment: Future Aspects

Chapter 4 Varicose Vein Treatment Devices: Type Estimates & Trend Analysis
4.1 Varicose Vein Treatment Devices Market: Type Movement Analysis
4.2 Endovenous Ablation
4.2.1 Endovenous ablation market, 2014 - 2025 (USD Million)
4.2.2 Radiofrequency ablation
4.2.2.1 Radiofrequency ablation market, 2014 - 2025 (USD Million)
4.2.3 Laser ablation
4.2.3.1 Laser ablation market, 2014 - 2025 (USD Million)
4.3 Sclerotherapy
4.3.1 Sclerotherapy market, 2014 - 2025 (USD Million)
4.4 Surgical Ligation & Stripping
4.4.1 Surgical ligation & stripping market, 2014 - 2025 (USD Million)

Chapter 5 Varicose Vein Treatment Devices: Regional Estimates & Trend Analysis, by Type

Chapter 6 Competitive Landscape: Company Profiles

    --  Medtronic
    --  AngioDynamics, Inc.
    --  Biolitec AG
    --  Syneron Medical Ltd.
    --  Lumenis
    --  Energist Ltd.

    --  Eufoton s.r.l
    --  Teleflex Incorporated
    --  Quanta Systems S.p.A.

For more information about this report visit https://www.researchandmarkets.com/research/mpxvmv/global_varicose?w=5

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