The endovenous laser procedure is a minimally invasive treatment for varicose veins. This is a gentle laser energy that destroys abnormal veins. The procedure can be performed by a vascular surgeon, interventional radiologist or phlebologist. Its success rate is about 99%. Patients usually experience minimal discomfort after the procedure. Most patients are able to resume normal activities within a week or two.
Previously, vein stripping required large incisions in the leg, but endovenous laser treatment does not require any incisions in the skin. Many insurance companies now cover this procedure, and it’s not too expensive. A consultation with an endovascular surgeon is essential to determine if the procedure is right for you. If you think you might benefit, contact a vein specialist to schedule a consultation.
𝗟𝗶𝗺𝗶𝘁𝗲𝗱 𝗧𝗶𝗺𝗲 𝗢𝗳𝗳𝗲𝗿!
𝗕𝘂𝘆 𝗡𝗼𝘄 𝗧𝗼 𝗔𝘃𝗮𝗶𝗹 𝗙𝗹𝗮𝘁 𝟯𝟬% 𝗢𝗙𝗙
Global Endovenous Laser Therapy Market
The global endovenous laser therapy market is estimated at USD 329.3 million in terms of value and is expected to reach USD 591.1 million by the end of 2027.
Global Endovenous Laser Therapy Market: Drivers
Rising investment in endovenous laser therapy is expected to propel the growth of the global endovenous laser therapy market over the forecast period. For example, in August 2019, Palatine invested in Veincentre, a UK-based center that offers endovenous laser ablation for the management of varicose veins.
Moreover, the approval and launch of new products are also expected to propel the growth of the global endovenous laser therapy market during the forecast period. For example, in March 2019, Healogics launched Healogics VeinCare, a new varicose vein management program.
Global Endovenous Laser Therapy Market: Opportunities
R&D in endovenous laser therapy is expected to provide lucrative growth opportunities for players in the global endovenous laser therapy market. For example, in July 2019, the National Institute for Advanced Training of Physicians in Azerbaijan reported that endovenous laser ablation is intended for the management of varicose veins.
The North America region held a dominant position in the global market endovenous laser therapy market in 2018, representing 42.4% share in value, followed by Europe. Market growth is driven by the high prevalence of varicose veins. For example, more than 40 million people in the United States suffer from varicose veins, according to the American Vein and Lymphatic Society.
Endovenous Laser Systems segment in the global Endovenous Laser Therapy Market was valued at US$283.1 Million in 2018 and is projected to reach US$545.6 Million by 2026 at a CAGR of 7.3% during the forecast period.
Europe is expected to experience significant growth in the global endovenous laser therapy market, owing to the high prevalence of varicose veins. For example, according to the Federal Research Center for Nutrition and Biotechnology, in 2018 (Russia) 60% of women and 50% of men over the age of 30 were overweight with 27% of these men and 31% of these women officially obese. .
Global Endovenous Laser Therapy Market: Constraints
High cost of endovenous laser therapy, availability of alternative therapies such as the VenaSeal Closure System, and therapy-related complications such as deep vein thrombosis, pulmonary embolism, nerve damage, bruising, phlebitis, hematoma, temporary numbness, induration, and burns cutaneous, and tightness is expected to hamper the growth of the global endovenous laser therapy market. For example, the average cost of treating varicose veins with foam fillers in the UK is around $2,146 for both legs, while that with the vein stripping procedure is around $3,219.
Global Endovenous Laser Therapy Market: Competitive Landscape
Key players operating in the global endovenous laser therapy market include Alma Lasers Ltd., Alna-Medicalsystem GmbH, AngioDynamics, Inc., Candela Corporation, Dornier MedTech GmbH, Energist Ltd., Intros Medical Laser GmbH, LSO Medical, and Wontech Co., Ltd.
Global Endovenous Laser Therapy Market: Segmentation
- Global Endovenous Laser Therapy Market, By Product Type:
- Endovenous laser systems
- Endovenous laser fibers
- Bare tip laser fibers
- Radial tip laser fibers
- Gold tipped laser fibers
- Global Endovenous Laser Therapy Market, By End User:
- Ambulatory surgery centers
- Specialized clinics
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Chapter 1 Industry Overview
1.3 Scope of research
1.4 Market Analysis by Regions
1.5 Global Endovenous Laser Therapy Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Impact on Endovenous Laser Therapy Industry
Chapter 2 Global Endovenous Laser Therapy Competition by Types, Applications, and Top Regions and Countries
2.1 Global Endovenous Laser Treatment (Volume and Value) by Type
2.3 Global Endovenous Laser Treatment (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Endovenous Laser Therapy Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Endovenous Laser Therapy Market Analysis
Chapter 6 East Asia Endovenous Laser Therapy Market Analysis
Chapter 7 Europe Endovenous Laser Therapy Market Analysis
Chapter 8 South Asia Endovenous Laser Therapy Market Analysis
Chapter 9 Southeast Asia Endovenous Laser Therapy Market Analysis
Chapter 10 Middle East Endovenous Laser Therapy Market Analysis
Chapter 11 Africa Endovenous Laser Therapy Market Analysis
Chapter 12 Oceania Endovenous Laser Therapy Market Analysis
Chapter 13 South America Endovenous Laser Therapy Market Analysis
Chapter 14 Company Profiles and Key Figures of Endovenous Laser Therapy Business
Chapter 15 Global Endovenous Laser Therapy Market Forecast (2022-2028)
Chapter 16 Conclusions
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