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Varicose veins, also known as varicosities or varicoses, is a condition caused due to enlargement of veins. The veins appear blue or dark purple in color and are swollen this condition. A patient suffering from varicosities may experience pain due to improper blood flow. The condition generally occurs on legs and feet as upright position while standing and walking increases the pressure in the veins of lower body.
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Varicose veins, also known as varicosities or varicoses, is a condition caused due to enlargement of veins affecting the legs and feet of the patient resulting in pain due to improper blood flow. Varicose veins may cause due to factors such as obesity, pregnancy, and old age. In majority of cases, patients do not suffer from blood circulation or long-term health problems. Increasing prevalence of varicose veins is expected to propel growth of the global varicose veins treatment market over the forecast period.
Increasing prevalence of varicose veins is expected to propel growth of the global varicose veins treatment market over the forecast period. For instance, according to the American Vein and Lymphatic Society, 2019, over 40 million people in the U.S. suffer from varicose veins.
Moreover, increasing geriatric population is also expected to aid in growth of the market. For instance, according to the World Health Organization, geriatric population is expected to reach 2 billion by 2050, up from 900 million in 2015.
North America region held dominant position in the global varicose veins treatment market in 2019, accounting for 44.0% share in terms of value, followed by Europe.
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Table of Contents
1. Research Objectives and Assumptions
◦ Research Objectives
◦ Assumptions
◦ Abbreviations
2. Market Purview
◦ Report Description
▪ Market Definition and Scope
◦ Executive Summary
▪ Market Snippet, By Drug Type
▪ Market Snippet, By Distribution Channel
▪ Market Snippet, By Region
◦ Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
◦ Market Dynamics
▪ Drivers
▪ Restraints
▪ Market Opportunities
◦ Impact Analysis
◦ Market Trends
◦ Regulatory Scenario
◦ Reimbursement Scenario
◦ Epidemiology
◦ PEST Analysis
◦ Recent Product Launch
◦ Merger and Acquisition Scenario
Top players in the market
Major players in the market are focused on approval and launch of new products to expand their product portfolio. For instance, in December 2019, Leucadia Pharmaceuticals launched Sodium Tetradecyl Sulfate (STS) generic, a U.S.FDA approved sclerosing agent is used for the treatment of small varicose veins of the lower legs.
Major players in the market are also focused on raising funds to enhance their market share. For instance, in December 2019, Venclose, Inc. announced it has closed its Series C funding at US$ 27 million, which will be used to accelerate commercial footprints in the US and to increase presence globally.
Research methodology adopted by Coherent Market Insights
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
• Primary Research (Trade Surveys and Experts Interviews)
• Desk Research
• Proprietor Data Analytics Model
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
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