varicose veins treatment market, varicose veins treatment market size, varicose veins treatment market share, varicose veins treatment market trends, north america varicose veins treatment market, global varicose veins treatment market
What is the present valuation and projected CAGR of the varicose veins treatment market?
The varicose veins treatment market size has grown strongly in recent years. It will grow from $1.99 billion in 2024 to $2.12 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to a rise in sedentary lifestyles, rise in outpatient treatments, rise in cosmetic concerns related to varicose veins, increasing in preventative treatments for varicose veins, and increasing adoption of lasers.
The varicose veins treatment market size is expected to see strong growth in the next few years. It will grow to $2.71 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to rising preference for minimally invasive surgeries, increasing obesity rates, expanding healthcare infrastructure, rising disposable incomes, and increased government spending on healthcare. Major trends in the forecast period include technological advancements, integration of AI, 3D imaging, advanced compression therapy, and combination therapies.
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What key drivers have fueled the varicose veins treatment market’s development over the years?
Increasing demand for minimally invasive procedures is expected to propel the growth of the varicose veins treatment market going forward. Minimally invasive procedures are surgical techniques that utilize small incisions and specialized instruments to perform operations with less tissue damage, resulting in reduced pain, shorter recovery times, and minimal scarring compared to traditional open surgery. The increasing demand for minimally invasive procedures is driven by factors such as reduced recovery time, improved patient outcomes, and the growing aging population, which collectively enhance patient safety, satisfaction, and efficiency in healthcare. Minimally invasive procedures for varicose veins, such as endovenous laser therapy (EVLT) or sclerotherapy, effectively treat the condition with minimal discomfort, quicker recovery, and fewer complications. For instance, in August 2023, according to The Aesthetic Society, a US-based organization of plastic surgery and cosmetic medicine, Americans spent more than $11.8 billion in 2022 on aesthetic procedures overall, up 2% from the previous year. Therefore, the increasing demand for minimally invasive procedures is driving the growth of the varicose veins treatment market.
What is the segmentation for the varicose veins treatment market?
The varicose veins treatment market covered in this report is segmented –
1) By Product: Ablation Devices, Radiofrequency Ablation Devices, Laser Ablation Devices
2) By Procedure: Injection Sclerotherapy, Endovenous Ablation, Surgical Ligation Or Stripping
3) End-User: Hospitals, Specialized Clinics, Ambulatory Surgical Centers, Other End-Users
Subsegments:
1) By Ablation Devices: Endovenous Laser Therapy (EVLT) Devices, Sclerotherapy Devices
2) By Radiofrequency Ablation Devices: Radiofrequency Catheters, RF Ablation Systems
3) By Laser Ablation Devices: Laser Fiber Optic Devices, Laser Venous Ablation Systems
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Who are the most influential companies in the varicose veins treatment market?
Major companies operating in the varicose veins treatment market are Medtronic PLC, Becton Dickinson and Company, Boston Scientific Corporation, BTG Limited, Acibadem International Group, Froedtert Health Incorporated, Merit Medical Systems Incorporated, uvahealth, AngioDynamics Incorporated, Medi USA Limited Partnership, Dornier MedTech GmbH, Sciton Incorporated, Invera Medical Limited, Biolitec AG, Alma Lasers Limited, Won Tech Company Limited, F Care Systems S.A., Eufoton S.R.L., Vascular Solutions Incorporated, Theraclion S.A., uGlow Med Spa, Varicose Veins India
Which key trends are expected to influence the varicose veins treatment market in the coming years?
Major companies operating in the varicose veins treatment market are focused on developing innovative solutions such as anesthesia-free treatment to enhance patient outcomes, streamline treatment monitoring, improve accessibility to care, and provide personalized therapeutic approaches. Anesthesia-free treatment involves performing medical procedures without the use of anesthesia, offering improved safety, quicker recovery, and greater patient comfort. For instance, in April 2024, VVT MEDICAL Ltd., an Israel-based medical device company, received approval from South Korea’s Ministry of Food and Drug Safety for its ScleroSafe platform, a cutting-edge solution for minimally invasive varicose vein treatment. This platform utilizes a nonthermal, nontumescent (NT-NT) approach, eliminating the need for heat or tumescent anesthesia, ensuring a painless, anesthesia-free procedure. Designed for both medical and aesthetic purposes, it prioritizes patient comfort and efficacy. The platform has received several regulatory approvals, including CE Mark certification and FDA 510(k) clearance, and complies with Good Manufacturing Practices (GMP), positioning ScleroSafe as a groundbreaking innovation in varicose vein management.
What are the major regional insights for the varicose veins treatment market, and which region holds the top position?
North America was the largest region in the varicose veins treatment market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the varicose veins treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Varicose Veins Treatment Market Report 2025 Offer?
The varicose veins treatment 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 refers to medical procedures and interventions designed to alleviate symptoms, improve blood circulation, and prevent complications caused by swollen, twisted veins, primarily in the legs. It also addresses cosmetic concerns by enhancing the appearance of affected veins while reducing the risk of associated issues such as pain, ulcers, or blood clots.
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