The size of the Asia Pacific Endovenous Laser Therapy market was around USD 50.66 million in 2020. It is expected to grow at a CAGR of 7.9% to reach USD 74.09 million by 2025. It captures 20% of the global market.
Endovenous laser therapy is the treatment of eliminating varicose veins using laser energy. The therapy is safe and effective in medical procedures such as eye surgery, dermatology.
Rising number of patients with varicose veins, increasing ageing population, and Technological advancement to adopt the new technology are the primary drivers of market growth.
Increased adoption of adoption of Endovenous laser systems, High initial costs, and Lack of knowledge and skilled professionals are the primary restraints of this market.
The market is segmented by technology and end user. By technology the market for Endovenous laser therapy is segmented into Endovenous laser systems, Endovenous laser fibres. Endovenous laser systems segment is further categorized into YAG lasers, diode lasers, and Endovenous laser Fibres category is further sub-categorized into radial tip laser fibre, bare tip laser fibre, and gold tip laser fibre. By end-users the Endovenous laser therapy market is categorized into clinic, hospital, and ambulatory centre.
By geography the market is segmented into India, China, Korea, Japan, and others. The surge in demand for varicose veins treatment procedures owing to increasing number of patients suffering from varicose veins in China is anticipated to result in increasing adoption of Endovenous laser systems in China, thereby adding to the market attractiveness of this segment in the country and subsequently in the APEJ region.
Key players in the market are Alma Lasers Ltd., Alna-Medical system GmbH, LSO Medical, AngioDynamics, Inc., Syneron Medical Ltd, Dornier Medtech GmbH, Wontech Co., Ltd, intros Medical Laser GmbH, Energist Ltd among others.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Technology
5.1.1 Introduction
5.1.2 Endovenous Laser Systems
5.1.2.1 Diode Lasers
5.1.2.2 YAG Lasers
5.1.3 Endovenous Laser Fibres
5.1.3.1 Bare Tip Laser Fibre
5.1.3.2 Radial Tip Laser Fibre
5.1.3.3 Gold Tip Laser Fibre
5.1.4 Y-o-Y Growth Analysis, By Technology
5.1.5 Market Attractiveness Analysis, By Technology
5.1.6 Market Share Analysis, By Technology
5.2 End User
5.2.1 Introduction
5.2.2 Hospital
5.2.3 Clinic
5.2.4 Ambulatory Center
5.2.5 Y-o-Y Growth Analysis, By End User
5.2.6 Market Attractiveness Analysis, By End User
5.2.7 Market Share Analysis, By End User
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Technology
6.1.3.3 By End User
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Technology
6.1.4.3 By End User
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Technology
6.1.5.3 By End User
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 AngioDynamics, Inc.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Syneron Medical Ltd
8.3 Dornier Medtech GmbH
8.4 Alma Lasers Ltd.
8.5 Alna-Medicalsystem GmbH
8.6 LSO Medical
8.7 Wontech Co., Ltd
8.8 Intros Medical Laser GmbH
8.9 Energist Ltd
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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