varicose vein treatment devices market share, varicose vein treatment devices market size, varicose vein treatment devices market growth, varicose vein treatment devices market insights, varicose vein treatment devices market demand, varicose vein treatment devices market forecast
How big is the varicose vein treatment devices market today, and what are its future growth expectations?
The varicose vein treatment devices market size has grown strongly in recent years. It will grow from $1.31 billion in 2024 to $1.43 billion in 2025 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to the increasing aging population, rising awareness about varicose veins, growing demand for minimally invasive procedures, increasing healthcare expenditure, rise in lifestyle-related diseases.
The varicose vein treatment devices market size is expected to see strong growth in the next few years. It will grow to $2.00 billion in 2029 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to rising public awareness, rise in disposable incomes, increasing prevalence of varicose veins, expansion of healthcare infrastructure in emerging markets, rising obese population. Major trends in the forecast period include a shift towards outpatient treatments, use of laser and radiofrequency technologies, technological advancements, a rise in the adoption of ambulatory care centers, and increasing demand for home-based treatment devices.
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What have been the primary factors driving the varicose vein treatment devices market’s growth?
The rising incidence of obesity is expected to propel the growth of the varicose veins treatment devices market going forward. Obesity is a medical condition characterized by excessive body fat accumulation, which can lead to a range of serious health issues such as diabetes, cardiovascular diseases, and joint problems. The growing obesity rates are largely driven by a combination of poor dietary choices, reduced physical activity, and environmental factors that promote unhealthy eating, while socio-economic conditions, genetics, and mental health also contribute significantly to the condition’s prevalence. Varicose vein treatment devices contribute to improving the quality of life for individuals with obesity by alleviating vein-related complications, enhancing blood circulation, reducing pain and swelling caused by excess weight, and supporting better mobility and overall vascular health. For instance, in March 2023, according to the World Heart Foundation, a Switzerland-based non-government global cardiovascular community, Currently, approximately 2.3 billion adults and children worldwide are obese or overweight, and with the ongoing obesity trend, this number is projected to reach 2.7 billion by 2025. Therefore, the rising incidence of obesity is driving growth in the varicose veins treatment devices market.
What are the key segments within the varicose vein treatment devices market?
The varicose vein treatment devices market covered in this report is segmented –
1) By Device Type: Ablation Devices, Venous Closure Products, Other Device Products
2) By Treatment Type: Sclerotherapy, Endovenous Ablation, Surgical Ligation And Stripping, Other Treatment Type
3) By Patient Type: Adults, Elderly
4) By End-User: Specialty Clinics, Hospitals, Ambulatory Surgical Services, Other End-Users
Subsegments:
1) By Ablation Devices: Radiofrequency Ablation (RFA) Devices, Laser Ablation Devices, Endovenous Laser Therapy (EVLT) Devices, Cryoablation Devices, Ultrasound-Guided Foam Sclerotherapy Devices
2) By Venous Closure Products: VenaSeal Closure System, ClariVein Closure System, Mechanical Endovenous Ablation Devices, Stenting Systems For Venous Closure
3) By Other Device Products: Sclerotherapy Kits, Varicose Vein Removal Lasers, Compression Therapy Devices, Surgical Instruments For Vein Stripping, Endovenous Laser Fibers
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Which key players are shaping the varicose vein treatment devices market?
Major companies operating in the varicose vein treatment devices market are Medtronic Plc, Boston Scientific Corporation, Teleflex Incorporated, Merit Medical Systems, Lumenis Be Ltd., AngioDynamics Inc., Candela Medical, Alma Lasers, Dornier Medtech, Fotona d.o.o., Sciton Inc., Won Tech Co. Ltd, Quanta System SpA, biolitec Holding GmbH & Co KG, Eufoton SRL, Myovatec Surgical Systems, Chemische Fabrik Kreussler & Co., Ad Rem Technology, VB Devices, Theraclion, InVera Medical
What major trends will shape the varicose vein treatment devices market during the forecast period?
Major companies operating in the varicose veins treatment devices market are focusing on developing innovative solutions such as minimally invasive technologies to provide precise treatment with minimal discomfort and a quicker recovery time for patients. Minimally invasive technologies refer to surgical techniques that utilize small incisions and advanced instruments, such as endoscopes and robotic systems, to perform procedures with reduced trauma, quicker recovery times, and lower risks of complications compared to traditional open surgery. For instance, in June 2023, Biolitec AG, an Austria-based medical technology company, introduced the Elves Radial 2ring Pro laser fiber and the Leonardo 1940 laser for varicose vein treatment. The Elves Radial 2ring Pro laser fiber features an additional channel for saline solution, enabling the stretching of veins before laser treatment, while the Leonardo 1940 laser’s wavelength improves vein wall absorption, reducing bruising and recovery time. These advancements significantly enhance the efficiency and aesthetic outcomes of varicose vein treatments, offering a more sustainable solution for removing large and tortuous veins.
How do regional factors impact the varicose vein treatment devices market, and which region is the largest contributor?
North America was the largest region in the varicose vein treatment devices market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the varicose vein treatment devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Varicose Vein Treatment Devices Market Report 2025 Offer?
The varicose vein treatment devices market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Varicose vein treatment devices are medical tools designed to address swollen, enlarged, and twisted veins, commonly in the legs, caused by weakened or faulty valves leading to poor blood circulation. These devices help manage or eliminate varicose veins by improving blood flow, alleviating discomfort, and reducing complications associated with venous insufficiency.
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