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(Medical-NewsWire.com, December 07, 2018 ) North American varicose vein treatment market is further segmented into U.S. and Canada, while the European varicose vein treatment market is categorized into Germany, U.K., France, Italy, Spain, and Rest of Europe. The ablation devices segment is further categorized into radiofrequency ablation devices and laser ablation devices. In 2016, the radiofrequency ablation devices segment is expected to command the major share of the ablation devices market for varicose vein treatment.
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The varicose vein treatment market in North America and Europe is expected to reach USD 289.7 Million by 2021 from USD 207.9 Million in 2016, at a CAGR of 6.9% between 2016 and 2021. Major drivers for the varicose vein treatment market in North America and Europe include shift towards less-invasive treatment procedures, availability of advanced varicose vein treatment devices, huge burden of varicose vein cases in North America and Europe, improving patient compliance & reliability, growing healthcare expenditure, and rapid growth in aging population.
In 2016, North America is expected to command largest share of market in North America and Europe., Europe is expected to register highest growth rate, due to increasing adoption of advanced treatment procedures & favorable government initiatives in this region. This report broadly segments varicose vein treatment market into mode of treatment and products. market, by products is segmented into ablation devices, venous closure products, and surgical products.
Ablation devices segment is further categorized into radiofrequency ablation devices and laser ablation devices. On basis of mode of treatment, market is segmented into endovenous ablation, injection sclerotherapy, and surgical ligation/stripping.
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This report covers varicose vein treatment market across two major geographies, namely, North America and Europe. Other growth factors include improving patient compliance & reliability, growing healthcare expenditure, & rapid growth in aging population.
Varicose Vein Treatment Market in North America and Europe, by Mode of Treatment
• Endovenous Ablation
• Injection Sclerotherapy
• Surgical Ligation/Stripping
Varicose Vein Treatment Market in North America and Europe, by Product
• Ablation Devices
• Radiofrequency Ablation
• Laser Ablation
• Venous Closure Products
• Surgical Products
Geographically, report covers two major geographies, namely, North America and Europe. In this report, North American varicose vein treatment market is further segmented into U.S. & Canada, while European varicose vein treatment market is categorized into Germany, U.K., France, Italy, Spain, and Rest of Europe.
Competitive Landscape
1 Introduction
2 Market Share Analysis
3 Competitive Scenario
4 Recent Developments
5 New Product Launches
6 Acquisitions
7 Agreements
However, dearth of training for vascular surgeons, high cost of varicose vein treatment procedures, & implementation of healthcare reforms in U.S. are some of key factors restraining growth of this market. In addition to this, challenges associated with inconsistent reimbursement scenario for varicose vein treatment procedures and sustainability of players in highly competitive market also limits growth of market.
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