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Varicose Vein Treatment Market in North America and Europe by Treatment Mode, Products - Forecasts to 2021

Varicose Vein Treatment Market: Forecasts until 2021

  • May 2016
  • 149 pages
  • ID: 3839375
In this report:
The laser ablation devices market is expected to account for a share of ##.##% of the varicose vein treatment market in North America and Europe in 2016, and is projected to grow at a CAGR of ##.##% from 2016 to 2021 to reach USD ##.##million by 2021
The venous closure products market is expected to account for a share of ##.##% of the North American and European varicose vein treatment market in 2016, and is projected to grow at a CAGR of ##.##% from 2016 to 2021 to reach USD ##.## million by 2021

Summary

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The varicose vein treatment market in North America continent and Europe (EU) is forecasted to reach $289.70M by 2021 from $207.90M in 2016, at a compound annual growth rate (CAGR) of 6.90 percent between 2016 and 2021. North America (NA) is forecasted to hold the most important share of the varicose vein treatment market in 2016. The varicose vein treatment market is mostly split into mode of treatment and products. By products, the varicose vein treatment market is divided into ablation devices, venous closure products, and surgical products.

The ablation devices segment is further filed under radiofrequency ablation devices and laser ablation devices. In 2016, the radiofrequency ablation devices segment is anticipated to command the main share of the ablation devices market for varicose vein treatment.

Geographically, the analysis includes two main geographies, that is, North America continent and EU. In this industry report, the North American varicose vein treatment market is further broken down into the U.S. and Canada (CA), while the European varicose vein treatment market is classified into Germany (DE), United Kingdom, France (FR), Italy (IT), Spain (ES), and Rest of Europe (EU). In 2016, North America (NA) is anticipated to command the biggest share of the varicose vein treatment market in North America continent and EU. Nevertheless, Europe (EU) is projected to register the maximum growth rate during the outlook period from 2016 to 2021, due to growing adoption of advanced treatment procedures and favorable government initiatives in this area.

Industry growth is mainly driven by the shift towards less-invasive treatment procedures, availability of advanced varicose vein treatment devices, huge burden of varicose vein cases in North America (NA) and EU, improving patient compliance & reliability, increasing healthcare expenditure, and fast growth in aging population.

As of 2015, the varicose vein treatment market was dominated by Medtronic plc ; AngioDynamics, Incorporated ; and biolitec AG which together held a share of over 85.0 percent of the varicose vein treatment market. Latest product launches, strategic acquisitions, and strategic agreements are the main strategies approved by most market actors to accomplish increase in the varicose vein treatment market.

Why Purchasing This Study Can Help You:

From an insight prospect, this market research has emphasized several levels of review of key players, and company descriptions, which together comprise and examine basic views on the competitive landscape, coming out and high-growth segments of the varicose vein treatment market, high-growth areas and their respective drivers, market restraints, opportunities, and alternatives.

The market research will increase both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn will facilitate organizations in garnering a greater market share. Companies obtaining the industry report could use any one or combination of the below mentioned five strategies (sector entry, product improvement/innovative projects, sector development, and opposing assessment) for strengthening their share of market.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on varicose vein treatment products provided by the most important 5 market actors in the varicose vein treatment market. The analysis examines the varicose vein treatment market by mode of treatment and products

- Product improvement/Innovative products: In-depth understanding on current and upcoming technologies, analysis and growth activities, products consolidations, and recent product launches in the varicose vein treatment market

- Industry development: Highlighted information about profitable emerging sectors. The market research examines the industries for different varicose vein treatment devices across North America continent and Europe (EU)

- Opposing assessment: Detailed assessment of market shares, strategies, products, distribution networks, and manufacturing competences of key players in the varicose vein treatment market

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