Global Endovenous Laser Therapy Market, By Product Type (Endovenous Laser Systems, Endovenous Laser Fibres), End User (Hospitals, Ambulatory Surgical Centers, Specialized Clinics)-Industry Trends and Forecast to 2029. Data Bridge Market Research analyses that the endovenous laser therapy market was valued at USD 378.3 million in 2021 and is further estimated to reach USD 721.22 million by 2029, and is expected to grow at a CAGR of 8.4% and at a during the forecast period.
Market Analysis and Size
ü In order to reduce the risk of manual errors, medical device manufacturers in the endovenous laser treatment market are focusing on offering end users with user-friendly products. Furthermore, the global market for endovenous laser therapy devices will rise as manufacturers continue to introduce new and improved products and invest more in research and development.
ü Improved healthcare services, medical diagnostic and pathological laboratories, private-public collaborations, and the health insurance sector are projected to drive this expansion.
ü Furthermore, there is an increase in societal health awareness, as well as an increase in the burden of cardiovascular diseases and varicose veins disease.
ü Data Bridge Market Research analyses that the endovenous laser therapy market was valued at USD 378.3 million in 2021 and is further estimated to reach USD 721.22 million by 2029, and is expected to grow at a CAGR of 8.4% and at a during the forecast period.
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Report Scope and Market Segmentation
REPORT METRIC
DETAILS
Forecast Period
2022 to 2029
Base Year
2021
Historic Years
2020 (Customizable to 2019 - 2014)
Quantitative Units
Revenue in USD Billion, Volumes in Units, Pricing in USD
Segments Covered
Product Type (Endovenous Laser Systems, Endovenous Laser Fibres), End User (Hospitals, Ambulatory Surgical Centers, Specialized Clinics)-
Market Opportunities
The rapid increase in the number of patients suffering from varicose veins
The rapid shift in lifestyle with no physical activity and liver around the globe
The rise in the global population of the elderly
COVID-19 Impact on Endovenous Laser Therapy Market
The COVID-19 epidemic was expected to have a significant impact on the market for endovenous laser therapy. Due to the global spread of the COVID-19 epidemic, the market's growth slowed dramatically. Along with the public health implications of the COVID-19, there was a near universal cancellation and disruption of surgical facilities, which had extraordinary consequences for patients with surgical problems and surgical services.
However, after COVID-19, the market is projected to be driven by the rising number of cases of varicose veins. In addition, hospitals and ambulatory surgical centres focused on following COVID regulations to prevent infections during surgery.
Global Endovenous Laser Therapy Market Scope and Market Size
The endovenous laser therapy market is segmented on the basis of product type and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
· Product Type
o Endovenous Laser Systems
o Endovenous Laser Fibres
On the basis of product type, the endovenous laser therapy market is segmented into endovenous laser systems and endovenous laser fibres. Endovenous laser systems have further sub segmented into diode lasers and YAG lasers. Endovenous laser fibres have further sub segmented into bare tip laser fibre, radial tip laser fibre and gold tip laser fibre.
· End User
o Hospitals
o Ambulatory Surgical Centers
o Specialized Clinics
Endovenous Laser Therapy Market Regional Analysis/Insights
The endovenous laser therapy market is analysed and market size insights and trends are provided by country, product type and end user as referenced above.
The countries covered in the endovenous laser therapy market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Competitive Landscape and Endovenous Laser Therapy Market Share Analysis
The endovenous laser therapy market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to endovenous laser therapy market.
Key Players Brain Monitoring Device Market
Some of the major players operating in the endovenous laser therapy market are:
· AngioDynamics (US)
· Dornier MedTech GmBh (Germany)
· Alma Lasers (Israel)
· WON TECH Co., Ltd. (Korea)
· intros Medical Laser GmbH (Germany)
· biolitec AG (Germany)
· EUFOTON S.R.L (Italy)
· Teleflex Incorporated (US)
· LSO Medical (France)
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MAJOR TOC OF THE REPORT
v Chapter One: Introduction
v Chapter Two: Market Segmentation
v Chapter Three: Market Overview
v Chapter Four: Executive Summary
v Chapter Five: Premium Insights
v Chapter Six: Global Endovenous Laser Therapy Market by Product & Procedure type
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A newly published report by Future Market Insights on the global endovenous laser therapy market considers the weighted average pricing of products from an end-user perspective.
Product prices have been captured from key manufacturers in top countries for each region, with respect to their estimated market share to arrive at region-wise weighted average pricing.
It also rules out impact of extreme events in specific countriesShipping charges have not been included in the pricing for regions that are largely import-dependentFor more insights into the Market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-2785A demand-supply gap analysis has been performed involving both marketplace discussions and desk research to determine pricing premiumsEngaging in acquisitions and mergers is a key strategy adopted by manufacturers to increase their consumer base across different geographiesStrengthening of supply chain particularly in regions such as Asia Pacific excluding Japan and Middle East and Africa are key focus areas for players in the global endovenous laser therapy marketPrimary focus of manufacturers rests on the need to efficiently meet requirements of various end users, while ensuring supply of the best endovenous laser therapy products, as quality is of utmost importance across the value chainResearch focus - impact analysis of key growth drivers and restraints based on the weighted average modelThe report analyses the global endovenous laser therapy treatment market in terms of value (US$) by product type, end user and region.
The report also provides information regarding market dynamics, regulations, competitive landscape, current trends, market estimation and forecast.
Impact analysis of key growth drivers and restraints based on the weighted average model has also been included in the report to the better equip clients with crystal clear decision making insights.For Information on the Research Approach Used in the Report, Request Methodology@ https://www.futuremarketinsights.com/askus/rep-gb-2785A competitive landscape has been included in the last section of the report to provide a dashboard view of key companies operating in the global endovenous laser therapy market.
Detailed profiles of endovenous laser therapy equipment manufacturers are also included in the scope of the report to evaluate their long- and short-term strategies.The key segments covered in this report are as under:By RegionNorth AmericaLatin AmericaWestern EuropeEastern EuropeAPEJJapanMEABy End UserHospitalsAmbulatory Surgical CentresSpecialised ClinicsBy ProductEndovenous Laser SystemsDiode LasersYAG LasersEndovenous laser FibresBare Tip Laser FibreRadial Tip Laser FibreGold Tip Laser FibreBuy Report Now @ https://www.futuremarketinsights.com/checkout/2785Extensive market research based on key growth parameters and metricsWe have considered Year-on-Year (Y-o-Y) growth to understand the predictability of the market and to identify growth opportunities for companies operating in the global endovenous laser therapy market.
Since medicine has progressed and discovered modern technology and hi-tech machines, you will get rid of them easily and quickly.
Since there are lots of options, you are needed to choose a suitable varicose vein treatment texas option carefully.
Usually, hospitals and authorized vein centers in Texas conclude that patients should undergo vein surgery.
Although this option effectively extracts the varicose veins, it is also a source of a sizable profit for the vein center Houston.
There are other lots of treatments that have the capabilities to deal with veins issues, may include: Laser Light Therapy: Laser therapy is one of the effective methods for people who are suffering from venous insufficiency.
Endovenous Ablation: It is a non-surgical and more minimally invasive treatment option.
Rising prevalence of varicose veins and obesity is expected to fuel revenue growth of endovenous laser therapy market over the forecast period. In terms of value, the global market for endovenous laser therapy is expected to expand at 7%-8% CAGR over the forecast period of 2016–2026. With over 40% market share, North America dominated the global market for endovenous laser therapy partly due to increasing adoption of laser ablation over other treatment procedures for varicose veins. Western Europe, the second largest market globally is expected to rake US$ 98 Mn in revenue by 2016 end. APEJ is the third largest market for EVLT and battle for the third place will continue to draw the interest due to ever increasing install base for EVLT in countries such as Australia.
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Earlier, treatment of swollen and painful varicose veins required a surgical procedure, however now, there are multiple treatment options available to treat varicose veins based on the severity. Endovenous laser therapy is considered as gold standard for treatment of varicose veins across the globe as patients experience minimal discomfort during and post procedure. Endovenous laser therapy (EVLT), also known as endovenous laser ablation (EVLA), was approved by FDA in 2002 which replaced many other treatment options for varicose veins as patients experience minimal or no scarring and downtime. EVLT has mainly replaced the need for painful surgical stripping of large, varicose veins in the leg which involved a longer recovery period as compared to EVLT and slight chances of causing unsightly scars. Endovenous laser therapy market accounted for a value of US$ 258.7 million in 2015 which is not a considerable proportion of a worldwide health care market but has a wide scope over the forecast period.
Initially during 1990’s, surgical treatment of varicose veins was the only option available however currently, alternative treatment methods listed below are also available:
- Sclerotherapy
- Radiofrequency ablation
- Endovenous laser therapy
Diode Lasers -Top Selling Product
In 2016, over 60% of global endovenous laser therapy revenue is estimated to be accounted by sales of diode lasers. Diode laser gives more penetration in comparison to Yag lasers and thus is preferred by the physicians for the treatment of varicose veins. Although side effects of Yag laser are less, it is less efficacious for varicose vein treatment. Diode laser sale revenue is anticipated to account for over US$ 150 Mn revenue by 2016 end.
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Endovenous laser therapy is the most accepted procedure for treatment of varicose veins
Endovenous laser therapy is a fast and effective procedure to treat varicose vein as compared to traditional vein surgery. High success rate of EVLT leads to minimal reoccurrence of varicose veins thus is cost effective. EVLT treats the affected vein from inside out and patient is released within an hour. Additionally the procedure only requires local anaesthesia and results in minimal discomfort. Puncture made to insert the catheter is very small which means no scarring due to long cuts and sutures and no need to stay overnight in a healthcare facility
Endovenous Laser Therapy Market- Key Players
Some market players in the global endovenous laser therapy market include AngioDynamics, Inc., Syneron Medical Ltd., Dornier MedTech GmbH, Alma Lasers Ltd., Alna-Medicalsystem GmbH, LSO Medical, Wontech Co., Ltd, intros Medical Laser GmbH and Energist Ltd. Major market players are implementing different strategies and are launching new products in order to grow their market share. Increasing availability of technologically advanced products due to increasing FDA approvals is expected to fuel revenue growth of endovenous laser therapy market over the forecast period. In February 2012, AngioDynamics, Inc. obtained FDA approval for NeverTouch Direct procedure kit for use with the company’s VenaCure EVLT laser vein ablation system
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The Global Cold Laser Therapy Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on application.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Cold Laser Therapy Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/17292-cold-laser-therapy-market-reportThe report also covers the complete competitive landscape of the global Cold Laser Therapy market with company profiles of key players such as:Apira Science Inc.B-Cure laser AustraliaBioLight Technologies LLCErchonia CorporationQuantumpmTheralase Inc.THOR PhotomedicineA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Applications:Pain ManagementMusculoskeletalArthritisWound HealingDermatologyNerve RegenerationOthersBy Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Latin America (LA)Middle East & Africa (MEA)Download Free Sample Report of Global Cold Laser Therapy Market @ https://www.decisiondatabases.com/contact/download-sample-17292The Global Cold Laser Therapy Market has been exhibited in detail in the following chapters –Chapter 1 Cold Laser Therapy Market PrefaceChapter 2 Executive SummaryChapter 3 Cold Laser Therapy Industry AnalysisChapter 4 Cold Laser Therapy Market Value Chain AnalysisChapter 5 Cold Laser Therapy Market Analysis By ApplicationsChapter 6 Cold Laser Therapy Market Analysis By GeographyChapter 7 Competitive Landscape Of Cold Laser Therapy CompaniesChapter 8 Company Profiles Of Cold Laser Therapy IndustryPurchase the complete Global Cold Laser Therapy Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-17292Other Reports by DecisionDatabases.com:Global Testosterone Replacement Therapy Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Cancer Immunotherapy Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Brachytherapy Market Research Report – Industry Analysis, Size, Share, Growth, Trends And Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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