Asia Pacific Varicose Vein Treatment Market Future Trends – Business Overview, Recent Developments, Company Profile 2021

The Asia Pacific Varicose Vein Treatment Market was worth USD 58.11 million in 2016 and estimated to be growing at a CAGR of 6.9%, to reach USD 81.13 million by 2021. The varicose vein treatment market is driven by the increased prevalence of  varicose veins. This condition of enlarged veins appears mostly in feet and legs. It can be caused by pregnancy, hormonal changes, genetic disorders and high blood pressure.

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The Asia Pacific varicose vein treatment market is anticipated to witness impressive growth in the near future owing to factors such as surge in disposable income, improvement in health care infrastructure, increase in patient awareness about the advantage of seeking early treatment and rapid growth in aging population.  However, lack of trained vascular surgeons and expensive varicose vein treatment procedures can hinder the growth of this market.

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This report broadly segments the varicose vein treatment market into mode of treatment and products. On the basis of mode of treatment, the varicose vein treatment market is segmented into endovenous ablation, injection sclerotherapy, and surgical ligation/stripping. The endovenous ablation segment is expected to command the major share of the varicose vein treatment market, by mode of treatment. Based on type of products, the varicose vein treatment market is segmented into ablation devices, venous closure products, and surgical products. The radiofrequency ablation devices segment is expected to command the major share of the ablation devices market for varicose vein treatment. On the basis of geography, the market is analysed under various regions- India, China, Japan, Australia and South Korea. The Asia Pacific varicose vein treatment market is anticipated to witness impressive growth in the near future.

The major players in the varicose vein treatment market are Medtronic plc (Ireland); AngioDynamics, Inc. (U.S.); biolitec AG (Austria); Syneron Medical Ltd. (Israel); Lumenis Ltd. (Israel); Dornier MedTech GmbH (Germany); Energist Group (U.K.); Eufoton s.r.l. (Italy); Vascular Solutions, Inc. (U.S.); Quanta System S.p.A. (Italy); Sciton, Inc. (U.S.); Fotona d.o.o. (Slovenia); BTG plc (U.K.); and Merz Aesthetics (U.S.)

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