According to FutureWise analysis the market for varicose veins treatment devices in 2023 is US$ 1.39 billion, and is expected to reach US$ 2.3 billion by 2031 at a CAGR of 6.5%.
Varicose veins are abnormal, dilated blood vessels caused by the weakening of the vessels' walls. Under the skin, the veins appeared swollen, twisted, with blue or purple veins associated with them. There are millions of people worldwide who suffer from varicose veins. Most typically, symptoms appear between the ages of 40 and 50 and generally appear in the legs. Age is a contributing factor to the development of varicose veins in the elderly. Due to the effects of aging on the structure and function of veins, they undergo considerable changes with age. Approximately one in two people over the age of 50 suffers from varicose veins. It is also a possibility for pregnant women and people who are overweight to develop the condition. There are a range of treatments available on the market, including sclerotherapy, laser therapy, and radiofrequency ablation. Varicose, spider, and reticular veins typically respond better to sclerotherapy as a first-line treatment. Varicose veins may be harmful to health if they cause venous stasis ulcers, phlebitis, thrombosis, venous hemorrhage, or fungal and bacterial infections. Factors such as increase in the incidence of varicose veins, rise in geriatric population drive the growth of the Varicose Veins Treatment Devices Market.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Varicose Veins Treatment Devices Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Varicose Veins Treatment Devices Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.