Global Endovenous Laser Therapy Market Forecast Analysis by technology and end user to 2022
Endovenous Laser Therapy Market By Technology (Endovenous Laser Systems, Endovenous Laser Fibres), By End Users (hospital, Clinic And Ambulatory Centre)
(EMAILWIRE.COM, February 06, 2018 ) 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 Global Endovenous Laser Therapy market size was around USD 220 million in 2017. It is expected to grow at a CAGR of 7.3% to reach USD 312.91 million by 2022
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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.
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By geography the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. 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.
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.
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Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Read more insights at https://www.marketdataforecast.com/market-reports/endovenous-laser-therapy-market-5294/
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.
Get free sample report at https://www.marketdataforecast.com/market-reports/endovenous-laser-therapy-market-5294/request-sample
By geography the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East and Africa. 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.
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.
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
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Market Data Forecast
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results