(EMAILWIRE.COM, February 20, 2018 ) The Latin America Endovenous Laser Therapy market size was around USD 26.4 million in 2017. It is expected to grow at a CAGR of 7.5% to reach USD 37.9 million by 2022. It captures 12% of the global market.

Endovenous laser therapy is the treatment of eliminating varicose veins using laser energy. The therapy is safe and effective in medical procedures such as eye surgery, dermatology.Rising number of patients with varicose veins, Increasing ageing population, and Technological advancement to adopt the new technology are the primary drivers of market growth.Increased adoption of adoption of Endovenous laser systems, High initial costs, and Lack of knowledge and skilled professionals are the primary restraints of this market.

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The market is segmented by technology and end user. By technology the market for Endovenous laser therapy is segmented into Endovenous laser systems, Endovenous laser fibres. Endovenous laser systems segment is further categorized into YAG lasers, diode lasers, and Endovenous laser Fibres category is further sub-categorized into radial tip laser fibre, bare tip laser fibre, and gold tip laser fibre. By end-users the Endovenous laser therapy market is categorized into clinic, hospital, and ambulatory centre.By geography the market is segmented into Brazil, Chile, Argentina and others. It is second to last in terms of market share.

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.

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