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Varicose Veins Treatment Market to hit US$ 2.06 billion by 2030, Says Growth Plus Reports
Growth Plus Reports
7 min read
Growth Plus Reports
Growth Plus Reports

Newark, New Castle, USA, March 07, 2023 (GLOBE NEWSWIRE) -- According to a new market research report titled, “Varicose Veins Treatment Market by Product Type (Compression Devices/ Garments, Ablation Devices), Treatment Type (Sclerotherapy, Ligation/Stripping),) - Global Outlook & Forecast 2022-2030" published by Growth Plus Reports, the Varicose Veins Treatment market is expected to grow at a CAGR of 6.2% from 2021 to reach US$ 2.06 billion by 2030. Owing to increased incidence of varicose veins in adults and rising innovations in therapies.

Get a Sample Copy of the Research Report: https://www.growthplusreports.com/inquiry/request-sample/varicose-veins-treatment-market/8200

Growth Drivers

The increasing number of cosmetic surgeries performed globally is expected to drive the growth in the global varicose veins treatment market. Varicose vein surgery is performed for medical or cosmetic purposes, improving a patient's overall physical appearance. Recent years have seen an unheard-of increase in demand for the operations because of improved access to medical care and rising public awareness of the issue. The emergence of easy-to-use and patient-friendly choices for the treatment of varicose veins could be advantageous for the global industry.

Considerable risk groups include pregnant women and the elderly population. Aging is known to make varicose veins more noticeable, and according to data from the Cleveland Clinic, between 30% to 50% of adults have the problem. The likelihood that someone may develop the disease will increase as the number of elderly individuals rises, driving up demand on the global varicose veins treatment market. The increasing strategic actions of market participants may present greater growth prospects, but the difficulty in accessing healthcare may prove to be a significant obstacle.

The global varicose veins treatment market has been analyzed from three perspectives: product type, treatment type, and region.

Excerpts from ‘By Product Type Segmentation’

The global varicose veins treatment market, by product type is segmented into:

  • Compression Devices/ Garment

  • Ablation Devices

  • Catheter Kits for Sclerotherapy & Adhesion Injection

  • Others

The ablation devices are further sub segmented into laser ablation devices, radiofrequency ablation devices, and ultrasound ablation devices.

During the projection period, it is predicted that the laser ablation segment will grow significantly. This is because the procedure doesn't require difficult recuperation periods or prolonged hospital stays, which has several significant benefits for people receiving treatment for varicose veins. Because of launch of new technology and advancements in research activities by the leading firms in the industry under study, the use of lasers for the treatment of varicose veins has increased. Tiny varicose and spider veins can be completely sealed off by doctors using laser ablation technology. During this procedure, intense light bursts are used to make the damaged veins disappear or fade. The use of laser therapy is growing in industrialized countries due to rising healthcare expenditures and a growing desire for minimally intrusive procedures. The compression devices/garments segment holds a very small market share. This is because of their failure to address the root problem. However, if a person with varicose veins wears them frequently, they can help with itchy skin and worn-out, aching legs. But the problems recur when the patient stops using them.

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