Endovenous laser ablation (EVLA) treats major varicose veins previously treated by stripping surgery. With ultrasound guidance, a laser fibre is placed into the abnormal vein through a tiny incision. The vein is then numbed with local anaesthetic, and the laser activated as the fibre is slowly removed. This produces a reaction in the vein wall along the treated section, resulting in collapse and sclerosis of the vein wall with minimal discomfort. Endovenous means inside the vein, so the next thing the doctor has to do is to get inside your vein. A small amount of local anaesthetic is injected into the skin over the vein and a needle inserted into it. A wire is passed through the needle and up the vein. The needle is removed and a catheter (thin plastic tubing) is passed over the wire, up the vein and the wire removed. A laser fibre is passed up the catheter so its tip lies at the highest point to be heated (usually your groin crease). A large quantity of local anaesthetic solution is then injected around the vein through multiple tiny needle pricks.
Market Dynamics
The key market players are focusing on adoption of growth strategies such as product launches, which is attributed to the growth of Global Endovenous Laser Therapy market. For instance, in October 2022, Medtronic plc, a healthcare technology and medical device company in U.S., announced the launch of Medtronic Neurovascular Co-Lab Platform designed to accelerate urgently needed innovation in stroke care and treatment.
Key features of the study:
- This report provides an in-depth analysis of the global endovenous laser therapy market and provides market size (US$ Million) and compound annual growth rate (CAGR) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global endovenous laser therapy market based on the following parameters–Company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include include Syneron Medical Ltd., AngioDynamics, Inc., Candela Corporation, Dornier MedTech GmbH, Alma Lasers Ltd., Alna-Medicalsystem GmbH, LSO Medical, Wontech Co., Ltd., Intros Medical Laser GmbH, biolitec AG, EUFOTON S.R.L , Teleflex Incorporated, Boston Scientific Corporation, Merit Medical Systems, Sciton, Inc. and Energist Ltd.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global endovenous laser therapy market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Global Endovenous Laser Therapy market
Detailed Segmentation:
- Global Endovenous Laser Therapy Market, By Product Type:
- Endovenous Laser Systems
- Endovenous Laser Fibers
- Bare Tip Laser Fiber
- Radial Tip Laser Fiber
- Gold tip Laser Fiber
- Global Endovenous Laser Therapy Market, By End User:
- Hospitals
- Ambulatory Surgical Centers
- Specialty Clinics
- Global Endovenous Laser Therapy , By Region:
- North America
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC
- Israel
- Rest of Middle East
- Africa
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Syneron Medical Ltd
- AngioDynamics, Inc.
- Candela Corporation
- Dornier MedTech GmbH
- Alma Lasers Ltd.
- Alna-Medicalsystem GmbH
- LSO Medical, Wontech Co., Ltd
- Intros Medical Laser GmbH
- biolitec AG
- EUFOTON S.R.L
- Teleflex Incorporated
- Boston Scientific Corporation
- Merit Medical Systems
- Sciton, Inc.
- Energist Ltd.