Varicose vein is one of the common diseases caused due to damage to the vein valves. Multiple child birth, pregnancy, and obesity are the risk factors associated with varicose veins. Endovenous ablation, sclerotherapy, ligation, stripping, and compression therapy are the various options available to treat varicose veins. Compression stockings are preferred as a long-term treatment for varicose veins. Sclerotherapy is an alternative option for conventional surgery. Endovenous ablation is a less-invasive treatment option for varicose veins.
In terms of treatment type, the supportive treatments segment accounted for a major share of the global varicose vein treatment market in 2018. The trend is expected to continue during the forecast period, owing to rise in the use of compression stockings in home care. The endovenous ablation segment held a significant share of the varicose vein treatment market in 2018. The segment is likely to grow at a rapid pace during the forecast period, due to inclination among patients toward minimally-invasive treatment options. The sclerotherapy/adhesion injection segment accounted for a major share of the global market in 2018. Based on product, the compression devices/garments segment held a significant share of the varicose vein treatment market in 2018. The segment is projected to expand at a moderate CAGR during the forecast period. Growth of the segment is attributed to rise in the prevalence of the varicose vein condition. The ablation devices segment is anticipated to grow at a rapid pace from 2019 to 2027, owing to rise in the demand for technologically-advanced products. Moreover, increase in awareness about ablation devices is expected to fuel the growth of the segment. The radio frequency ablation/thermal ablation sub-segment accounted for a major share of the ablation devices segment, due to the wide availability of radiofrequency ablation products. In terms of disease, the greater saphenous varicose vein segment held a major share of the varicose vein treatment market in 2018. The segment is likely to expand at a high CAGR from 2019 to 2027. Growth of the segment is attributed to rise in the prevalence of the greater saphenous varicose vein condition. Based on end user, the hospitals & ambulatory surgical centers segment accounted for a major share of the market, due to the availability of services and rise in the rate of hospitalization. Moreover, the preference for ambulatory surgical centers due to short hospital stays is likely fuel the growth of the segment.

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