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Tuesday, October 17, 2023

Global Venous Diseases Treatment Market is anticipated to grow at a CAGR of 6.5% during 2024 to 2030

The future of the global venous diseases treatment market looks promising with opportunities in the sclerotherapy, radiofrequency ablation therapy, laser treatment, ambulatory phlebectomy, vein ligation & stripping, angioplasty or stenting, surgeries, compression therapy, venoactive medication, and vena cava filter markets. The global venous diseases treatment market is expected to reach an estimated $9.1 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are increasing incidences of venous diseases, growing awareness towards venous disorders, and rising healthcare expenditure.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the venous diseases treatment market by product type (sclerotherapy injection, ablation devices, venous closure products, venous stents, medication, and others), disease type (deep vein thrombosis, chronic venous insufficiency, pulmonary embolism, superficial thrombophlebitis, varicose veins, and others), treatment type (sclerotherapy, radiofrequency ablation therapy, laser treatment, ambulatory phlebectomy, vein ligation & stripping, angioplasty or stenting, surgeries, compression therapy, and others), end use (hospitals, clinics, ambulatory surgical centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3.  Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6.  What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, deep vein thrombosis, chronic venous insufficiency, pulmonary embolism, superficial thrombophlebitis, and varicose veins are the major segments of venous diseases treatment market by disease type. Lucintel forecasts that varicose veins will remain the largest segment due to the increasing cases of varicose veins and minimally invasive procedures to treat varicose veins.

Within this market, laser treatment is expected to witness highest growth over the forecast period due to rising demand for minimal invasive procedure with less cure time and om-going technological development to treat venous diseases.

North America will remain the largest region due to growing number of varicose veins diseases among the US population, significantly growing aging population, and technological advancement of diagnosis and treatment in the region.

Abbott, Imricor, Medtronic, Stryker, Koninklijke Philips, Baylis Medical, Theraclion, Sonablate, Boston Scientific, and Olympus are the major suppliers in the venous diseases treatment market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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