The chronic venous occlusions treatment global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Chronic Venous Occlusions Treatment Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The chronic venous occlusions treatment market size has grown strongly in recent years. It will grow from $6.23 billion in 2023 to $6.7 billion in 2024 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to investments in treatment innovation, rise in venous disorder prevalence, awareness and diagnosis improvement, clinical trials and research initiatives, improved patient outcomes and quality of life..
The chronic venous occlusions treatment market size is expected to see strong growth in the next few years. It will grow to $8.67 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to rise in venous disorders awareness, rising demand for minimally invasive procedures, ageing population dynamics, advancements in endovascular therapies, focus on patient-centric care.. Major trends in the forecast period include advancements in minimally invasive procedures, technological innovations in interventional radiology, focus on endovascular therapies, growing prevalence of venous disorders, rise in aging population..
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Scope Of Chronic Venous Occlusions Treatment Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Chronic Venous Occlusions Treatment Market Overview
Market Drivers –
The increasing incidence of obesity is expected to propel the growth of the chronic venous occlusion treatment market going forward. Obesity is a medical condition characterized by an excessive accumulation of body fat, typically resulting in an individual having a body mass index (BMI) of 30 or higher. Chronic venous occlusion treatment can help control obesity-related symptoms like edema and skin changes by improving blood flow and reducing inflammation, contributing to better obesity management. For instance, in March 2023, according to the World Heart Federation, a Switzerland-based non-government global cardiovascular community, globally around 2.3 billion adults and children were obese or overweight, and with the current obesity trend, it is estimated that the number of people living with obesity will reach 2.7 billion by 2025. Therefore, the growing incidence of obesity is driving the growth of the chronic venous occlusion treatment market.
Market Trends –
Major companies operating in the chronic venous occlusion treatment market are increasing their focus on developing minimally invasive devices such as VenoValve to gain a competitive edge in the market. VenoValve is a minimally invasive device designed to prevent blood from flowing backward through small incisions. For instance, in August 2021, Hancock Jaffe Laboratories Inc., a US-based medical device company, announced the U.S. Food and Drug Administration’s, a US-based federal agency, approval of VenoValve, a prosthetic valve designed to be implanted in the deep veins of the leg to treat chronic venous occlusion. The VenoValve is a small, mesh-like device injected into the vein. The device acts as a one-way valve, preventing blood from flowing backward. The VenoValve is implanted through a small incision in the thigh, and the procedure is typically performed under general anesthesia. VenoValve is based on preliminary clinical data showing that the device can be more effective than current treatments for deep vein reflux.
The chronic venous occlusions treatment market covered in this report is segmented –
1) By Product: Devices, Drugs
2) By Application: Varicose Veins, Venous Stasis Ulcers, Edema, Deep Vein Thrombosis, Other Applications
3) By End User: Hospitals, Clinics, Ambulatory Surgery Centers, Trauma centers, Other End-Users
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Regional Insights –
North America was the largest region in the chronic venous occlusions treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the chronic venous occlusions treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the chronic venous occlusions treatment market report are Cardinal Health Inc., Bayer AG, Sanofi S.A., 3M Company, Bristol-Myers Squibb Company, Medtronic PLC, Becton, Dickinson and Company (BD), Stryker Corporation, Boston Scientific Corporation, Terumo Corporation, Ethicon Inc., Philips Medical Systems, Teleflex Incorporated, Cook Group Incorporated, Merit Medical Systems Inc., Integer Holdings Corporation, Penumbra Inc., Inari Medical, Argon Medical Devices Inc., AngioDynamics Inc., Rontis Corporation, Endologix, Richard Wolf GmbH, SIGVARIS AG, enVVeno Medical Corporation, LimFlow SA
Table of Contents
1. Executive Summary
2. Chronic Venous Occlusions Treatment Market Report Structure
3. Chronic Venous Occlusions Treatment Market Trends And Strategies
4. Chronic Venous Occlusions Treatment Market – Macro Economic Scenario
5. Chronic Venous Occlusions Treatment Market Size And Growth
…..
27. Chronic Venous Occlusions Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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