Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 6,829.4 Billion | USD 8,154.6 Billion | 3.0% | 2021 |
FrequentlyAsked Questions
One of the key factors influencing the growth of the world market for microsclerotherapy is the increasing prevalence of varicose veins and spider veins. The relatively painless process, minimal invasion, high effectiveness, fewer post-operative complications, and simple analgesia needed during the procedure are important factors that will drive the global market growth over the forecast period.
According to the report, the global microsclerotherapy treatment market was size worth USD 6,829.4 million in 2021 and is estimated to grow to USD 8,154.6 million by 2028, with a compound annual growth rate (CAGR) of approximately 3.0 percent during the forecast period.
North America will continue leading the microsclerotherapy treatment market throughout the projected period. The region's growth is owing to an increasing senior population with spider veins, significant technological improvements in venous disorders, and widespread adoption of minimally invasive therapies. The existence of key players, early adoption of advanced technologies, and increased R&D activities are further expected to propel the regional market.
Some of the main competitors dominating the global microsclerotherapy treatment market include - Merz Pharma GmbH & Co. KGaA, Surgimedix Inc, Troikaa, QOL Medical LLC, McKesson Corporation, Kreussler Inc, Provensis, ltd, Omega Pharmaceuticals, STD Pharmaceuticals Product Ltd, Medtronic Plc, Endo-Flex, Boston Scientific Corporation, and Teleflex Incorporated.
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