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New Report Shows Growth Potential for Varicose Vein Treatment Devices in the United States

by April Maguire

Varicose veins are among of the most common medical conditions in the United States. At present, experts approximate that roughly 4.5% of the population, more than 12 million adults, suffer from varicose veins or spider veins. Even more shocking is that, since women are particularly susceptible to the condition, by the time they're in their 50s more than 40% of women have developed some degree of varicose veins in their legs.

Given the prevalence of the problem, medical experts and device manufacturers are scrambling to develop new and improved treatment methods. Recently, the 2016 market research report for the varicose vein treatment devices industry was released to the public, and this detailed report shows the growth potential and offers sales price analysis for the wide range of companies and products that focus on treating varicose and spider veins.

The 2016 Report

This latest report represents a comprehensive, in-depth examination of the state of varicose vein treatment devices both in the United States and around the globe. In addition to detailing the manufacturing of various devices and the cost structures for the companies that make them, the report also looks at plans for devices that are still in development.

Not only does this report study the varicose vein device treatment market holistically, but it also breaks down the numbers based on region and market size, giving readers a more comprehensive understanding of who is using these specialized products. Additionally, the study examines the efficacy of the various treatment options on the market and offers opinions on the emerging research for new treatment methods. In general, the study can offer valuable insight to established manufacturers and healthcare providers, but it can also give much-needed guidance to medical device companies that are considering venturing into varicose vein treatment.

Current Varicose Vein Treatment Options

Unfortunately, the current treatment options for varicose veins are far from perfect. At present, the standard treatment consists of ablative therapy, wherein a thin wire that emits heat is passed through the vein, closing it off and causing the affected vein to disappear. Despite new devices that pull the wire through the vein at a consistent speed, better ensuring a uniform collapse, some patients still see a recurrence of the condition. Alternative treatment options, such as using foam or other irritants to close off the veins, are oftentimes even less effective.

This lack of a universal treatment means that conditions are ripe for a new device to revolutionize the treatment of varicose veins. The 2016 report not only illustrates that growth potential exists in this market, but it could serve as a useful guide, showing companies how new products could be created and where they should be distributed.

If you or someone you know would like to learn more about varicose veins and how to treat them, please feel free to schedule a consultation or contact one of our representatives today!

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