The size of the Global Endovenous Laser Therapy Market was worth USD 271.8 Million in 2019. It is expected to grow at a CAGR of 7.37% to reach USD 387.9 Million by 2024.
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 aging 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.
REPORT COVERAGE:
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2018 – 2024 |
|
Base Year |
2018 |
|
Forecast Period |
2019 - 2024 |
|
Segments Covered |
By Technology, End User and Region |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
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. |
This research report on the Global Endovenous Laser Therapy Market segmented and sub-segmented into the following categories and analyzed market size and forecast for each segment until 2024.
Endovenous Laser Therapy Market Analysis - By Technology:
Endovenous Laser Therapy Market Analysis - By End User:
Regional Analysis:
North America is the market leader. Its market attractive index is nearly 2. Increasing prevalence of obesity in North America is expected to primarily impact revenue growth of the Endovenous laser systems segment over the forecast period. 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.
Higher availability of technologically advanced products particularly in emerging economies is anticipated to drive the Endovenous laser systems market category revenue in the Western Europe market over the aforementioned forecast period. In Eastern Europe, Russia is estimated to witness a high growth rate in contrast to other countries because of the government initiatives for medical progress in the country.
List of key players leading role in the Global Endovenous Laser Therapy Market profiled in this report are:
Reasons to Purchase the Report:
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 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
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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