Europe Endovenous Laser Therapy Market

Europe Endovenous Laser Therapy Market Size (2023 to 2028)

The size of the Europe Endovenous Laser Therapy market was around USD 67.82 million in 2023. It is expected to grow at a CAGR of 7.1% to reach USD 95.56 million by 2028. It captures 25% of the global market.

Growing awareness and increasing demand for the endovenous laser therapies is majorly driving the market in Europe. The increasing patient population suffering from varicose veins, rising aging population in Europe, and growing healthcare expenditure are expected to propel the European Endovenous Laser Therapy market growth. Favorable strategic proposals from the European governments to improve the health infrastructure is expected to add significant fuel to the growth rate of the market.

Furthermore, the European governments' boost to improve the current standards of the medical industry in this continent is estimated to favor market growth. New laser therapy devices with quick process setup, intuitive user interface with fewer buttons, and portable devices that being produced attract a large customer base. They are expected to drive growth to the market.

The high cost of the treatment, lack of awareness among the patients, and the shortage of expert professionals at laser therapy are some of the constraints for the market growth.

This market research report on the European Endovenous Laser Therapy market has been segmented and sub-segmented into the following categories:

By Technology:

• Endovenous Laser Systems             
  • Diode Lasers
  • YAG Lasers
• Endovenous Laser Fibres  
  • Bare Tip Laser Fibre
  • Radial Tip Laser Fibre
  • Gold Tip Laser Fibre

By End User:

• Hospitals   
• Clinics   
• Ambulatory Centers

By Region:

• United Kingdom
• France
• Spain
• Germany
• Italy
• Russia
• Sweden
• Denmark
• Switzerland
• Netherlands

The European market is geographically considered to hike at a promising CAGR during the forecast period and is predicted to lead the market following North America. Higher availability of technologically advanced products, particularly in emerging economies, is anticipated to drive the Endovenous laser systems market category revenue in the Western Europe market over the forecast above period. In Eastern Europe, Russia is estimated to witness a high growth rate in contrast to other countries because of the government initiatives for medical progress in the country.

Among different European countries, the UK market is expected to lead the European market during the forecast period due to the high adoption of endovenous laser systems, quick and effective procedure, and the increasing necessity for the endovenous laser therapies.

Key players in the market are Alma Lasers Ltd., Alna-Medicalsystem GmbH, LSO Medical, AngioDynamics, Inc., Syneron Medical Ltd, Dornier Medtech GmbH, Wontech Co., Ltd, intros Medical Laser GmbH, Energist Ltd among others.