Venous Diseases Treatment Market is Expected to Reach the Value of USD 10,117.88 Million by 2030

PRESS RELEASE
Published August 21, 2023

Global Venous Diseases Treatment Market business report introduces the basics of industry such as market definitions, classifications, applications and industry chain overview, after which it covers industry policies and plans, product specifications, manufacturing processes, cost structures and so on. This market document has a chapter on the global market and all its associated companies with their profiles, which provides valuable data related to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. The significant Global Venous Diseases Treatment Market report presents data on patterns and improvements, and target business sectors and materials, limits and advancements.

According to the World Journal of Surgery and Surgical Research, in 2021, the overall prevalence of chronic venous insufficiency was 45.6% in both men and women. Also, in 2021, a prevalence study conducted in primary healthcare centers in the Qassim region of Saudi Arabia showed that varicose veins in men and women were 61.1%. A new survey-based study with Doppler ultrasound in the Republic of Korea found that female nurses had a 16.18% lower incidence of varicose veins.

Venous disease includes blood clots in the legs, arms, brain, lungs or internal organs such as kidney, spleen, liver, deep vein thrombosis, chronic venous insufficiency, varicose veins, and veins, and ulcers in the veins. Treatment for this disease includes drug therapy, endogenous laser ablation or radiofrequency ablation (RFA), sclerotherapy, and surgery.

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Data Bridge Market Research analyzes that the global venous diseases treatment market is expected to reach the value of USD 10,117.88 million by 2030, at a CAGR of 7.3% during the forecast period. This market report also covers pricing analysis, patent analysis, and technological advancements in depth.

Drivers

  • Rising incidences of venous diseases

Venous diseases are the conditions that damage veins in body. Damaged blood vessel walls prevent the circulatory system from working, causing blood to pool and reflux (backwards) when the muscles relax. This causes abnormally high pressure to build up in the veins. This build-up causes veins to tighten and twist, increased swelling, increased valve incompetence, slow blood flow, and possible blood clots. Finally, this condition can lead to various diseases known as venous diseases.

Due to various risk factors such as ageing, obesity, high blood pressure (hypertension) or family history of venous disease, patients with venous diseases are rising globally and becoming a significant socio-economic issue. Thus the rising number of patients with venous diseases increases the demand for venous diseases treatment which act as a driver in the global venous diseases treatment market.

  • Rapid changes in lifestyle leads to obesity resulting in venous diseases

Lifestyle changes such as smoking, unhealthy diet and physical inactivity lead to the development of chronic diseases, especially heart disease, stroke, diabetes, obesity and metabolic syndrome that can eventually result in venous diseases.

Physical activity is essential and many conditions are a direct result of a sedentary lifestyle. Sedentary lifestyle may result in gain weight, tire easily and have unexplained aches and pains that develop chronic condition, including cardiovascular and venous disease, ranging from moderate, severe or even life-threatening.

According to the article of ScienceDirect, venous disease was more clinically severe in the obese limbs than non-obese group. Thus due to increase in adoption of unhealthy lifestyle there is rapid increase in obese population with venous diseases rising. Thus the rapid changes in lifestyle leads to obesity resulting in venous diseases which increases the demand for venous diseases treatment and act as a driver in the global venous diseases treatment market.

Fundamental Aim of this Market Report

  • Factors influencing This Market Size and growth rate.
  • Major alterations to this market in the near future.
  • Notable Market rivals around the world.
  • Future Scope and Product Outlook
  • Future-promising emerging markets.
  • The Market Presents Difficult Challenges and Threats.

Rising Incidences of Venous Diseases

Venous diseases are conditions that damage veins in the body. Damaged blood vessel walls prevent the circulatory system from working, causing blood to pool and reflux (backward) when the muscles relax. This causes abnormally high pressure to build up in the veins. This buildup causes veins to tighten and twist, increased swelling, increased valve incompetence, slow blood flow, and possible blood clots. Finally, this condition can lead to various diseases known as venous diseases.

There are many types of venous diseases that can develop for different reasons. Some of the more common disorders are:

  • Blood clots
  • Chronic venous insufficiency
  • Deep vein thrombosis
  • Phlebitis
  • Varicose veins and spider veins

Patients with a history of deep vein thrombosis, varicose veins, or other venous diseases are at increased risk of cardiovascular disease. A family history of these diseases also increases a patient’s risk of CVD1. Untreated CVD can lead to chronic venous insufficiency (CVI). Venous disorders are pretty common nowadays.

Report Scope and Market Overview:

REPORT METRIC DETAILS
Forecast Period 2023 to 2030
Base Year 2022
Historic Years 2021 (Customizable to 2020-2015)
Quantitative Units Revenue in Million, Pricing in USD

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Market Development

  • In August 2022, Medtronic announced that it partnered with BioIntelliSense, a continuous health monitoring company and clinical intelligence company. This partnership will benefit the patients of Medtronic’s monitoring business by offering access to medical-grade devices, which provide continuous measurement signs
  • In August 2022, Boston Scientific Corporation announced the acquisition of Obsidio, Inc., a privately held business that created the Gel Embolic Material (GEMTM) technology used to embolize blood vessels in the peripheral vasculature. The GEM technology, which was recently approved by the U.S. Food and Drug Administration (FDA), is incredibly advantageous and effective for patients. This prompted the company to grow its clientele
  • In April 2022, Varian Medical Systems, Inc. announced that the company has done a five-year research and professional services agreement with Icon Group (Icon). This will help in product evaluation projects, and clinical consultations throughout product development and thereby expanding the product portfolio of the company
  • In January 2021, Stryker announced that the company had acquired OrthoSensor, Inc., a privately held company, for total joint replacement. This results in empowering surgeons with comprehensive data-driven solutions in the market
  • In September 2021, Olympus Corporation launched the first devices in the new POWERSEAL family of cutting-edge bipolar surgical energy tools. The POWERSEAL’s great procedural efficiency allows it to perform to the highest clinical standards for cutting-edge bipolar surgical energy devices. This prompted the business to broaden its offering of products.

Venous Diseases Treatment Market Scope

GLOBAL VENOUS DISEASES TREATMENT MARKET, BY PRODUCT TYPE

  • ABLATION DEVICES
  • VENOUS STENTS
  • VENOUS CLOSURE PRODUCTS
  • SCLEROTHERAPY INJECTION
  • MEDICATIONS
  • OTHERS

On the basis of product type, the global venous diseases treatment market is segmented into ablation devices, venous stents, venous closure products, sclerotherapy injection, medications, and others

GLOBAL VENOUS DISEASES TREATMENT MARKET, BY DISEASE TYPE

  • DEEP VEIN THROMBOSIS (DVT)
  • CHRONIC VENOUS INSUFFICIENCY (CVI)
  • PULMONARY EMBOLISM
  • SUPERFICIAL THROMBOPHLEBITIS
  • VARICOSE VEINS
  •  OTHERS

On the basis of disease type, the global venous diseases treatment market is segmented into deep vein thrombosis (DVT), chronic venous insufficiency (CVI), pulmonary embolism, superficial thrombophlebitis, varicose veins, and others

GLOBAL VENOUS DISEASES TREATMENT MARKET, BY TREATMENT TYPE

  • COMPRESSION THERAPY
  • VENO ACTIVE MEDICATION
  • SURGERIES
  • SCLEROTHERAPY
  • ANGIOPLASTY OR STENTING
  •  VEIN LIGATION AND STRIPPING
  • VENA CAVA FILTER
  • AMBULATORY PHLEBECTOMY
  • RADIOFREQUENCY ABLATION THERAPY
  • LASER TREATMENT
  •  OTHERS THERAPIES

On the basis of treatment type, the global venous diseases treatment market is segmented into compression therapy, veno active medication, surgeries, scelrotherapy, angioplasty or stenting, vein legation, and stripping, vena cava filter, ambulatory phlebectomy, radiofrequency ablation therapy, laser treatment, and other therapies

GLOBAL VENOUS DISEASES TREATMENT MARKET, BY END USER

  • HOSPITALS
  • CLINICS
  • AMBULATORY SURGICAL CENTERS
  • OTHERS

On the basis of end user, the global venous diseases treatment market is segmented into hospitals, clinics, ambulatory surgical centers, and others

GLOBAL VENOUS DISEASES TREATMENTS MARKET, BY DISTRIBUTION CHANNEL

  • DIRECT TENDER
  • RETAIL SALES
  • OTHERS

Key highlights of this Market report:

  • Growth rate
  • Remuneration prediction
  • Consumption graph
  • Market concentration ratio
  • Secondary industry competitors
  • Competitive structure
  • Major restraints
  • Market drivers
  • Regional bifurcation
  • Competitive hierarchy
  • Current market tendencies
  • Market concentration analysis

What benefits does the DBMR study is going to provide?

  • Latest industry influencing trends and development scenario
  • Open up New Markets
  • To Seize powerful market opportunities
  • Key decision in planning and to further expand market share
  • Identify Key Business Segments, Market proposition & Gap Analysis
  • Assisting in allocating marketing investments

Table of Contents:

  1. Introduction
  2. Market Segmentation
  3. Executive Summary
  4. Premium Insights
  5. Market Regulations
  6. Market Overview

Continued…

Browse Detailed Summary of Research Report with TOC:  https://www.databridgemarketresearch.com/toc/?dbmr=global-venous-diseases-treatment-market&Shri

Regional Analysis

Geographically, the countries covered in the venous diseases treatment market report are U.S., Canada and Mexico in North America, Germany,  France, U.K., Italy, Spain, Russia, Turkey, Netherlands, Belgium, Switzerland, Ireland, rest of Europe in Europe, China, India, Japan, South Korea, Thailand, Singapore, Indonesia, Malaysia, Philippines,  Australia, rest of Asia-Pacific in the Asia-Pacific (APAC), Brazil, Argentina, rest of South America as part of South America, South Africa,  Saudi Arabia,  U.A.E., Egypt, Israel,  rest of Middle East and Africa as a part of Middle East and Africa (MEA).

Key Benefits of the Report:

  • This study presents the analytical depiction of this industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of this market share.
  • The current market is quantitatively analyzed to highlight the market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed this industry analysis based on competitive intensity and how the competition will take shape in the coming years.

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