Varicose Veins Treatment Market Research 2019
Varicose Veins Treatment Research Report: By Type (Endovenous Ablation, Sclerotherapy, Surgical Ligation & Others), by Product (Ablation Devices & Others), by End User (Hospital, Specialized Clinics, Ambulatory Surgical Centers) — Global Forecast till 2023
Varicose Veins Treatment Market is anticipated to hold a market value of USD 415.9 million in the year 2017 and is expected to grow at a CAGR of 7.4% during the forecast period. Varicose veins are knotted, enlarged veins. They can occur in any part of the body, but mostly affect the legs and feet. This happens because standing and walking escalates the pressure in the veins of the lower body.
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Market Key Players
Medtronic, AngioDynamics, biolitec AG, Syneron Medical Ltd., Lumenis, Energist Ltd., Eufoton s.r.l., Teleflex Incorporated, Quanta System, Dornier MedTech, Scranton Gillette Communications, Sciton, Inc, Fotona d.o.o., BTG International Ltd., Merz North America, Inc. are some of the key players in the global varicose veins treatment market.
The global varicose veins treatment market has been segmented into type, product type and end user. The market, on the basis of type, has been segmented into endovenous ablation, sclerotherapy, surgical ligation, and stripping and laser ablations.
The market, by product, has been segmented into ablation devices, venous closure products and surgical products. By product, ablation devices are expected to hold the largest share owing to their minimal invasive nature and quick recovery. Venous closure products are anticipated to grow at the fastest CAGR due to their ability to treat the disease effectively and rising demand for such products.
The market, by end user, has been segmented into hospitals, specialized clinics, ambulatory surgical centers and others.
Table Of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.5 Macroeconomic Indicators
4.6 Product Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
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Geographically, the Americas is expected to dominate the global market owing to a huge patient population suffering from varicose veins and rising geriatric population. According to a data published by the World Bank, 15.41% people in the US were 65 years and older in 2017. Europe is expected to hold the second largest position in the global market owing to the preference for minimally invasive treatment procedures. Asia-Pacific is expected to be the fastest growing market owing to the increasing healthcare expenditure and growing patient population. Furthermore, the Middle East and Africa region is expected to account for the least market share in the global market.
- Healthcare Organizations
- Research Laboratories
- Pharmaceutical Companies
- Medical Device Manufacturers
- Research and Development Organizations
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MRFR leverages its in-house expertise for drawing insightful conclusions into the market. Extensive primary and secondary research are undertaken which include SEC filings, interviews with stakeholders across the value chain, whitepaper references, etc. for backing the research findings. Top-down and bottom-up approaches employed validate the authenticity of the statistical observations available in the report. Furthermore, a multi-layer verification process is applied for eliminating deviations and discrepancies.
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