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Global Endovenous Ablation Devices Market Size, Forecast: By Type: EVLT (Endovenous Laser Ablation Therapy) Devices, RFA (Radiofrequency ablation) Devices, NTNT (Non-Thermal Non-Tumescent) Devices; By Application: Commercial, Research, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
Global Endovenous Ablation Devices Market Outlook
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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Market Segmentation
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:
- EVLT (Endovenous Laser Ablation Therapy) Devices
- RFA (Radiofrequency ablation) Devices
- NTNT (Non-Thermal Non-Tumescent) Devices
Based on application segments, the industry can be divided into:
- Commercial
- Research
- Others
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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Market Analysis
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.
Competitive Landscape
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:
- AngioDynamics, Inc. (NASDAQ: ANGO)
- Medtronic plc
- Sciton Inc.
- Teleflex Incorporated
- Venclose Inc.
- Others
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.
Key Highlights of the Report
| 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Endovenous Ablation Devices Market Analysis
8.1 Key Industry Highlights
8.2 Global Endovenous Ablation Devices Historical Market (2018-2023)
8.3 Global Endovenous Ablation Devices Market Forecast (2024-2032)
8.4 Global Endovenous Ablation Devices Market by Type
8.4.1 EVLT (Endovenous Laser Ablation Therapy) Devices
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 RFA (Radiofrequency ablation) Devices
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 NTNT (Non-Thermal Non-Tumescent) Devices
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Endovenous Ablation Devices Market by Application
8.5.1 Commercial
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Research
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Others
8.6 Global Endovenous Ablation Devices Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Endovenous Ablation Devices Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Endovenous Ablation Devices Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Endovenous Ablation Devices Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Endovenous Ablation Devices Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Endovenous Ablation Devices Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 AngioDynamics, Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Medtronic plc
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Sciton Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Teleflex Incorporated
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Venclose Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Endovenous Ablation Devices Market: Key Industry Highlights, 2018 and 2032
2. Global Endovenous Ablation Devices Historical Market: Breakup by Type (USD Million), 2018-2023
3. Global Endovenous Ablation Devices Market Forecast: Breakup by Type (USD Million), 2024-2032
4. Global Endovenous Ablation Devices Historical Market: Breakup by Application (USD Million), 2018-2023
5. Global Endovenous Ablation Devices Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Global Endovenous Ablation Devices Historical Market: Breakup by Region (USD Million), 2018-2023
7. Global Endovenous Ablation Devices Market Forecast: Breakup by Region (USD Million), 2024-2032
8. North America Endovenous Ablation Devices Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Endovenous Ablation Devices Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Europe Endovenous Ablation Devices Historical Market: Breakup by Country (USD Million), 2018-2023
11. Europe Endovenous Ablation Devices Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Asia Pacific Endovenous Ablation Devices Historical Market: Breakup by Country (USD Million), 2018-2023
13. Asia Pacific Endovenous Ablation Devices Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Latin America Endovenous Ablation Devices Historical Market: Breakup by Country (USD Million), 2018-2023
15. Latin America Endovenous Ablation Devices Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Middle East and Africa Endovenous Ablation Devices Historical Market: Breakup by Country (USD Million), 2018-2023
17. Middle East and Africa Endovenous Ablation Devices Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Global Endovenous Ablation Devices Market Structure
Key Questions Answered in the Report
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.
Analyst Review
The global endovenous ablation devices market has been driven by the growing prevalence of chronic venous insufficiency (CVI) in the historical period. Aided by the growing prevalence of varicose veins and increasing geriatric population, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 5%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the global endovenous ablation devices industry can be segmented into EVLT (endovenous laser ablation therapy) devices, RFA (radiofrequency ablation) devices, and NTNT (non-thermal non-tumescent) devices. By application, the market is divided into commercial and research, among others . The major regional markets for the global endovenous ablation devices are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include AngioDynamics, Inc. , Medtronic plc , Sciton Inc., Teleflex Incorporated , and Venclose Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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