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. Shift towards less-invasive treatment procedures, availability of advanced varicose vein treatment devices, and huge burden of varicose vein cases in North America and Europe is driving the growth of the market. Other growth factors include improving patient compliance & reliability, growing healthcare expenditure, and rapid growth in aging population.
Complete report on Varicose Vein Treatment Market spread across 149 Pages, Profiling 5 Companies and Supported with 67 Tables and 19 Figures is now available at http://www.reportsnreports.com/reports/542837-varicose-vein-treatment-market-in-north-america-and-europe-by-treatment-mode-endovenous-ablation-sclerotherapy-stripping-products-laser-rf-ablation-venous-closure-surgical-forecasts-to-2021.html
The 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.
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
This report broadly segments the varicose vein treatment market into mode of treatment and products. The market, by products is segmented into ablation devices, venous closure products, and surgical products. The ablation devices segment is further categorized into radiofrequency ablation devices and laser ablation devices. On the basis of mode of treatment, the market is segmented into endovenous ablation, injection sclerotherapy, and surgical ligation/stripping.
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This report covers the varicose vein treatment market across two major geographies, namely, North America and Europe. In this report, the North American market is further segmented into the U.S. and Canada, while the European varicose vein treatment market is categorized into Germany, U.K., France, Italy, Spain, and Rest of Europe.
In 2016, North America is expected to command the largest share of the market in North America and Europe. However, Europe is expected to register the highest growth rate during the forecast period from 2016 to 2021, due to increasing adoption of advanced treatment procedures and favorable government initiatives in this region.
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However, dearth of training for vascular surgeons, high cost of varicose vein treatment procedures, and implementation of healthcare reforms in the U.S. are some of the key factors restraining the growth of this market. In addition to this, challenges associated with inconsistent reimbursement scenario for varicose vein treatment procedures and sustainability of players in the highly competitive market also limits the growth of the market.
Geographically, the report covers two major geographies, namely, North America and Europe. In this report, the North American varicose vein treatment market is further segmented into the U.S. and Canada, while the European varicose vein treatment market is categorized into Germany, U.K., France, Italy, Spain, and Rest of Europe.
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