Hyderabad, India -- (SBWIRE) -- 02/20/2018 -- According to a new market research report "Varicose Vein Treatment Market By Treatment (Endovenous Ablation, Sclerotherapy And Surgical Litigations/stripping), By Product ( Ablation Devices, Venous Closure Products And Surgical Products)- Global Forecast to 2021", published by MarketDataForecast™, the market is expected to reach USD 396.28 Million by 2021 from USD 290.59 Million in 2016, at a CAGR of 6.4%.

The condition of enlarged veins majorly seen in feet and legs is defined as Varicose Vein. It is caused by physiological condition, secretion changes, genetic disorders and high vital sign. Shift towards less-invasive treatment procedures, accessibility of advanced varicosity treatment devices, the burden of varicosity cases, rising patient compliance & liableness, growing care expenditure, and zoom in aging population can majorly drive the Varicose Vein Treatment Market

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Endovenous ablation segment is estimated to account for the largest market share.
On the basis of mode of treatment, the varicose vein treatment market is segmented into endovenous ablation, injection sclerotherapy, and surgical ligation or stripping. Endovenous ablation segment accounted for the major shares of the market and is likely to continue the same in the forecast period.

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The Ablation devices segment is expected to dominate the market in 2016
Based on type of products, the varicose vein treatment market is segmented into ablation devices, venous closure products, and surgical products. Ablation devices dominated the market in the recent years and is anticipated to retain the same in the forecast period.

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North America is estimated to command the largest share of the market
Based on region, the Varicose Vein Treatment Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East and Africa. North America is leading the global Varicose Vein Treatment Market. This can be attributed to variety of things such as advancement in technology which leads to advancements in infrastructure, continuous lifestyle changes, increasing awareness towards health and hygiene, increasing government funds, rising prevalence of unhealthy veins, high financial gain, and growing significance of aesthetics. In addition, favourable compensation policies, significantly among the U.S., have significantly boosted the marketplace for varicosity Treatment in North America.

The Asia Pacific Varicose Vein Treatment Market is anticipated to grow with a double digit CAGR in the forecast period this can be attributed to a surge in financial gain, improvement in health care infrastructure, an increase in patient awareness regarding the advantage of seeking early treatment.

Key players in the Varicose Vein Treatment Market include Medtronic plc (Ireland); AngioDynamics, Inc. (U.S.); biolitec AG (Austria); Syneron Medical Ltd. (Israel); Lumenis Ltd. (Israel); Dornier MedTech GmbH (Germany); Energist Group (U.K.); Eufoton s.r.l. (Italy); Vascular Solutions, Inc. (U.S.); Quanta System S.p.A. (Italy); Sciton, Inc. (U.S.); Fotona d.o.o. (Slovenia); BTG plc (U.K.); and Merz Aesthetics (U.S.)

The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter's Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
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