The size of the Europe Endovenous Laser Therapy market was around USD 67.82 million in 2021. It is expected to grow at a CAGR of 7.1% to reach USD 95.56 million by 2026. It captures 25% of the global market.
Growing awareness and increasing demand for the endovenous laser therapies is majorly driving the market in Europe. The increasing patient population suffering from varicose veins, rising aging population in Europe, and growing healthcare expenditure are expected to propel the European Endovenous Laser Therapy market growth. Favorable strategic proposals from the European governments to improve the health infrastructure is expected to add significant fuel to the growth rate of the market.
Furthermore, the European governments' boost to improve the current standards of the medical industry in this continent is estimated to favor market growth. New laser therapy devices with quick process setup, intuitive user interface with fewer buttons, and portable devices that being produced attract a large customer base. They are expected to drive growth to the market.
The high cost of the treatment, lack of awareness among the patients, and the shortage of expert professionals at laser therapy are some of the constraints for the market growth.
This market research report on the European Endovenous Laser Therapy market has been segmented and sub-segmented into the following categories:
By Technology:
By End User:
By Region:
The European market is geographically considered to hike at a promising CAGR during the forecast period and is predicted to lead the market following North America. 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 forecast above 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.
Among different European countries, the UK market is expected to lead the European market during the forecast period due to the high adoption of endovenous laser systems, quick and effective procedure, and the increasing necessity for the endovenous laser therapies.
Key players in the market are Alma Lasers Ltd., Alna-Medicalsystem 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 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
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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