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Over the 2024-2032 forecast period, the global endovenous ablation devices market size is expected to grow at a CAGR of 5%. Chronic venous insufficiency (CVI) of varicose veins is treated with endovenous ablation devices.
These types of equipment are specially designed for minimally invasive procedures. Varicose vein disease symptoms include large, swollen veins that frequently appear on the legs and feet. It occurs when arteries are not working efficiently, leading to blood not circulating easily. Varicose veins can break down or grow into varicose ulcers on the skin in severe cases.
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Endovenous ablation is an image-guided procedure, which is minimally invasive. It uses radiofrequency to cauterize (burn) and close anomalous veins, which lead to varicose veins.
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The endovenous ablation devices market can be divided based on segments like type and application. The industry can be broadly categorised based on types into:
Based on application segments, the industry can be divided into:
The EMR report looks into the regional endovenous ablation devices markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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The growing prevalence of chronic venous insufficiency (CVI) is one of the main drivers of the global endovenous ablation devices market growth. The risk factors causing CVI, such as age, smoking, obesity, and the lack of physical activity, raise the need for prescription medications and rehabilitation procedures. The CVI incidence was reported to be high in developed countries as compared to developing countries. CVI is also a progressive medical condition. Such factors have increased the demand for endovenous ablation procedures, which lead to the growth of the market for endovenous ablation devices. The introduction of endovenous ablation devices as an option to endovenous laser ablation and radiofrequency ablation (RFA) will fuel the endovenous ablation devices market growth.
The report presents a detailed analysis of the following key players in the global endovenous ablation devices market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global endovenous ablation devices market is projected to grow at a CAGR of 5% between 2024 and 2032.
The major industry drivers of the market include the growing prevalence of varicose veins, increasing geriatric population, rising prevalence of obesity, ageing, smoking, and lack of physical activities, modernisation and continuous research and development, increased demand for minimally invasive treatment procedures, and increased healthcare expenditure.
The growing prevalence of chronic venous insufficiency (CVI) and the introduction of endovenous ablation devices as an option to endovenous laser ablation and radiofrequency ablation (RFA) are the key trends driving the market growth.
The major regions in the industry are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
The types of devices in the industry are EVLT (endovenous laser ablation therapy) devices, RFA (radiofrequency ablation) devices, and NTNT (non-thermal non-tumescent) devices.
The major applications include commercial and research among others.
The major players in the industry are AngioDynamics, Inc., Medtronic plc , Sciton Inc., Teleflex Incorporated , and Venclose Inc., among others.
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