According to FutureWise analysis the market for endovenous laser therapy in 2023 is US$ 0.44 billion, and is expected to reach US$ 0.82 billion by 2031 at a CAGR of 8.12%.
Endovascular laser therapy is a minimally invasive method of treating varicose veins. Varicose veins, also known as varicosities and varicoses, are caused by enlargement of veins on the legs and feet of a patient, causing pain due to inefficient blood flow. Varicose veins can be caused by obesity, pregnancy, and aging. An optical fiber is inserted into the vein to be treated, and laser light is shone on the inferior surface of the vein. The vein is then contracted and fibers are withdrawn from it. Varicose veins are expected to propel growth of the global varicose veins treatment market over the forecast period. According to the American Vein and Lymphatic Society, 2019, over 40 million Americans suffer from varicose veins.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Endovenous Laser Therapy Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Endovenous Laser Therapy Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.