Microsclerotherapy Treatment Market is expanding as Diomed Holdings Inc. received regulatory approval from Health Canada for its EndoVenous Laser Treatment (EVLT) laser system to treat varicose veins

 

Microsclerotherapy Treatment Market

Microsclerotherapy is a form of treatment that is used for the treatment of small wounds. The small wounds may range from mild irritations to deep surgical wounds. Microsclerotherapy has the ability to heal through a blood vessel to help with larger wounds. The applications for Microsclerotherapy vary greatly depending on the type of wound that you are treating, what you are trying to heal, how large the wound is, etc. Rising cases of Varicose veins and spider veins remain one of the major health issues. Spider veins refer to small, damaged veins that can appear on the surface of the legs or face. As per the American Society of Dermatology Surgery (ASDS), over 40% of women have some form of varicose vein condition including spider veins. As per the same source, around 80% of women have some form of venous disease by the age of 80 years. Microsclerotherapy treatment can be effective in eliminating varicose veins. Hence, such factors can stimulate growth of the microsclerotherapy treatment market.

When it comes to geographical impact, North America seems to be gaining significant traction in the regional microsclerotherapy treatment market. This is due to the fact that there is high importance for aesthetics as well as a rise in the prevalence of spider veins in the said region. On the contrary, Asia Pacific is exhibiting promising signs in terms of the adoption of microsclerotherapy treatment since there has been a rise in awareness among patients.

Recently, in March 2020, Diomed Holdings Inc. received regulatory approval from Health Canada for its EndoVenous Laser Treatment (EVLT) laser system to treat varicose veins.

However, certain challenges in the adoption of microsclerotherapy treatment can have a negative impact on growth of the market. Factors such as side effects of the said treatment remain one of the major hurdles in the market growth. Besides, high treatment costs can potentially impede growth of the microsclerotherapy treatment market.

Global Microsclerotherapy Treatment sector is expected to grow at a rapid rate due to the increasing number of people diagnosed with chronic non-inflammatory diseases like diabetes, cardiac syndromes, and various other respiratory infections throughout the globe. Over the years microsclerotherapy treatment has improved significantly with the advent of new medical devices. Key companies are focused on continuous research and development activities, in order to offer non-invasive medical devices. Hence, such factors can potentially augment growth of the microsclerotherapy treatment market in the near future.


Location: India

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