Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The "Varicose Vein Treatment: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The latest comprehensive analysis of the global Varicose Vein Treatment market forecasts a robust growth trajectory, with expectations to ascend from its current valuation of US$1.2 Billion in 2022 to a commendable US$1.7 Billion by the year 2030. This expansion represents a steady Compound Annual Growth Rate (CAGR) of 4.2% throughout the projected period.
Expanding Market Segments and Geographical Outlook
Within the Varicose Vein Treatment industry, the Sclerotherapy segment displays notable growth momentum and is estimated to soar at a 3.4% CAGR, reaching US$1.1 Billion by the conclusion of the forecasted timeline. Concurrently, Endovenous Ablation stands out with an impressive recalibrated growth rate of 6.1% CAGR, following trends of post-pandemic recovery dynamics.
Significant market presence is observed in the United States, where the sector is currently valued at US$331 Million. On the other side of the globe, China emerges as a high-growth market, charting a CAGR of 7.4%, signaling the potential to reach approximately US$376.4 Million by 2030. Additional regions of interest include Japan and Canada, with projected growth rates of 1.5% and 4.3%, respectively. Furthermore, the European market also shows upward movement, with Germany anticipated to grow at a CAGR of around 1.7%.
Competitive Landscape and Market Innovations Key Players Redefining the Varicose Vein Treatment Landscape
The report features an inclusive assessment of 46 prominent industry competitors, unveiling critical competitive insights and market positioning. These established and emerging actors contribute significantly to the industry's progress, focusing on innovative treatment techniques and state-of-the-art technological advancements.
Commitment to Enhanced Market Understanding
The research publication promises a year of complimentary updates, solidifying its value proposition for stakeholders. With interactive peer-to-peer collaborative features and access to a vast digital archive, end-users benefit from bespoke updates, adding to the report's utility and relevance.
The global Varicose Vein Treatment market report is a critical tool for those seeking to understand the nuances of the industry. It offers strategic insights to professionals engaged in various subsets of the market and provides a coherent framework to apprehend the future direction of varicose vein treatment methodologies and technologies. As the market navigates through the post-pandemic epoch, these insights become pivotal for informed decision-making and strategic planning.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 196 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1.2 Billion |
| Forecasted Market Value (USD) by 2030 | $1.7 Billion |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
A selection of companies mentioned in this report includes
- AngioDynamics, Inc.
- biolitec AG
- BTG PLC
- Dornier MedTech GmbH
- Energist Group
- Eufoton s.r.l.
- Fotona d.o.o.
- Lumenis Ltd.
- Medtronic PLC
- Merz Aesthetics
- Quanta System SpA
- Sciton, Inc.
- Syneron Medical Ltd.
- Vascular Solutions, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/hn7252
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