Varicose Veins Treatment Market Size

Varicose Veins Treatment Market size was valued at USD 1.21 billion in 2024 and is expected to cross USD 4.12 billion by the end of 2037, expanding at more than 9.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of varicose veins treatment is estimated at USD 1.31 billion. The market growth can be attributed to the increasing number of elderly people who are prone to different types of varicose veins. Further, the growing prevalence of R&D activities in the field of compression and newer technologies for the treatment of varicose veins across the globe will add to the market expansion.

Additionally, soaring investments and collaboration between major industry players to discover effective treatments for varicose veins will boost the market demand. For instance, on October 2021, the FDA granted a 510k clearance to VenClose Inc., a privately owned Silicon Valley medical device company focused on innovative treatments for venous reflux diseases through novel catheters of radiofrequency ablation known as MavenRFA that can be minimally invasive in treating hypo perforator vein.