Vascular & Specialty Vein Care

The Vascular and Vein Specialty Market

By 2025, the global varicose vein treatment market projections expects to reach about $589 million in the U.S. This is a compound annual growth rate of 5.7 percent in an eight-year period. The rise in the geriatric population and more obesity in the U.S. creates growing demand for vascular and vein specialty services.

Varicose veins plague more than 40 million women and men in the U.S. Yes, men also get varicose veins. Among those who have varicose veins, half of them have a family history. If one parent has varicose veins, girls have a 60% chance of inheriting them while boys have a 25% chance. Meanwhile, if both parents have varicose veins, the odds are greater that their offspring will have them, too. Close to 90% of children will have varicose veins in their lifetime if both parents have them. Age plays a role, too. Fifty percent of women in the U.S. over 50-years-of age have varicose veins. Moreover, obesity plays a significant role in causation of varicose veins.

As a minimally invasive procedure, varicose vein treatment by vascular physicians may be considered a cosmetic procedure with insurance reimbursement on a case-by-case basis.

Peripheral Vascular Device Market

In the U.S., peripheral vascular devices marketplace is projected to grow at a compound annual growth rate of 6.5 percent from 2021 to 2028 to $17.680 million by the end of the forecast period.

A number of factors contribute to the rising incidence of peripheral vascular disease including atherosclerosis, smoking, alcoholism, and obesity. There is also a rising prevalence of peripheral artery disease and embolism.

Atherosclerosis, a condition in which fatty deposits build up on the inner walls of the arteries, reduces blood flow. In the U.S. 4.6 million people have atherosclerosis – approximately 1 in 58 people. As people age beyond 60-years-old, the disease advances. With the aging population world-wide, the demand for vascular medicine will continue to increase.

Other risk factors contributing to metabolic syndrome and arterial health include hypertension, smoking, diabetes, alcoholism, chemical dependency, and obesity.

There are a variety of medical devices for treatment of peripheral vascular disease including peripheral vascular stents, angioplasty balloon catheters, aortic stents, surgical grafts, guidewires, and other devices.

Within the marketplace, hospitals and clinics, specialty clinics, ambulatory care centers, and physician practices utilize devices to treat peripheral arterial disease. Notably, hospitals and clinics hold a large share of the market.

Opportunities for Vascular Physicians to Grow

Owing to the prevalence and higher incidence of metabolic risk factors that contribute to peripheral artery disease, vascular physicians have incredible opportunities to attract patients and prospective patients to their practices.

Within the aging population in the U.S. and more sedentary lifestyles with rising obesity, more people have arterial conditions and also varicose veins. To attract people to physician practices, more education and consistent branding are required.

Growth opportunities exist for vascular physicians and vascular surgeons who align with cardiologists to perform medical treatment and delivery of services.

Working with Karma Health to Engage with Patients

As an exclusive physician network, Karma Health grows your physician practice one patient at a time. With its cadre of highly skilled professionals in health technology, digital marketing, health finance, health business, insurance, and more, Karma Health guides your growth strategy from challenge to opportunity.

Doctors see more patients with Karma Health. We build your business into a brand that people recognize. Moreover, we help you attract and engage with more patients by developing a foundation with technology solutions that drive success.

Partner with Karma Health, and we’ll help you grow.

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Jeffrey Steinberg, MD
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Susan B. Fox, DO, RPVI, FSVM
Fox Vein & Laser Experts

My vein treatment specialty practice expanded 300% since my affiliation with Karma Health. We’re entirely focused on patient engagement so growth continues successfully. I appreciate the team’s solutions that align with my business goals.

foxveinexperts.com

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