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Varicose Vein Treatment Market Driven by Technological Advancements, CAGR 6% Projected Through 2030

 


The global varicose vein treatment market is set to witness a growth rate of 6% in the next 5 years. High prevalence of varicose veins and chronic venous diseases, technological advancements in treatment methods, growing preference for minimally invasive procedures, rising geriatric population, and increasing healthcare expenditure and awareness are some of the key factors driving the varicose vein treatment market.

Varicose vein treatment refers to medical procedures and therapies aimed at managing and eliminating varicose veins, enlarged, twisted veins that commonly occur in the legs due to faulty valves and poor blood circulation. Treatment options include minimally invasive procedures like endovenous laser therapy (EVLT), radiofrequency ablation (RFA), and sclerotherapy among others, as well as surgical methods like vein stripping and ligation. These treatments help relieve symptoms such as pain, swelling, and skin ulcers while improving both aesthetic appearance and vascular health. Advancements in non-thermal, non-tumescent techniques are expanding safer, more effective treatment options with minimal downtime.

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High prevalence of varicose veins and chronic venous disorders to propel market demand

The high prevalence of varicose veins and chronic venous disorders (CVI) is a major driver of the varicose vein treatment market. The prevalence of varicose veins varies geographically. As of 2022, it was reported that globally about 2% to 73% of the population is affected by varicose veins (Source: NCBI). Factors such as aging populations, sedentary lifestyles, obesity, prolonged standing, and hormonal changes have led to increased cases of venous insufficiency. As awareness grows, more patients seek early diagnosis and treatment to prevent complications like leg ulcers, swelling, and pain. This surge in demand has fueled the adoption of varicose vein treatments market.

Technological advancements in treatment devices are driving the market growth

The growing demand for minimally invasive treatment options is a major driver of the varicose vein treatment market. Patients prefer procedures like endovenous laser therapy, radiofrequency ablation, and sclerotherapy due to their reduced pain, faster recovery, and lower risk of complications compared to traditional surgery. Advancements in laser and catheter-based technologies have enhanced efficacy, boosting adoption rates. Additionally, increased awareness, rising aesthetic concerns, and favorable reimbursement policies in developed regions are fueling market growth. As healthcare providers prioritize patient comfort and efficiency, the shift toward minimally invasive techniques continues to propel the varicose vein treatment market forward.

Competitive Landscape Analysis

The global varicose vein treatment market is marked by the presence of established and emerging market players such as Medtronic, Alma Lasers, biolitec Holding GmbH & Co KG, AngioDynamics, Lumenis Be Ltd., Quanta System, Sciton, intros Medical Laser GmbH, Theraclion, and InVera Medical Limited; among others. Some of the key strategies adopted by market players include new product development, strategic partnerships and collaborations, and geographic expansion.

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Market Segmentation

This report by Medi-Tech Insights provides the size of the global varicose vein treatment market at the regional- and country-level from 2023 to 2030. The report further segments the market based on treatment type, and end user.

  • Market Size & Forecast (2023-2030), By Treatment Type, USD Million
    • Endovenous Ablation Therapy
      • Endovenous Laser Therapy (EVLT)
      • Radiofrequency Ablation (RFA)
    • Sclerotherapy
    • Surgical Procedures
    • Compression Therapy
  • Market Size & Forecast (2023-2030), By End User, USD Million
    • Hospitals
    • Ambulatory Surgical Centers (ASCs)
    • Specialty Clinics
    • Others
  • Market Size & Forecast (2023-2030), By Region, USD Million
    • North America
      • US
      • Canada
    • Europe
      • UK
      • Germany
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Rest of Asia Pacific
    • Latin America
    • Middle East & Africa

About Medi-Tech Insights

Medi-Tech Insights is a healthcare-focused business research & insights firm. Our clients include Fortune 500 companies, blue-chip investors & hyper-growth start-ups. We have completed 100+ projects in Digital Health, Healthcare IT, Medical Technology, Medical Devices & Pharma Services in the areas of market assessments, due diligence, competitive intelligence, market sizing and forecasting, pricing analysis & go-to-market strategy. Our methodology includes rigorous secondary research combined with deep-dive interviews with industry-leading CXO, VPs, and key demand/supply side decision-makers.

Contact:

Ruta Halde
Associate, Medi-Tech Insights
 +32 498 86 80 79
 info@meditechinsights.com 

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