Australia Sclerotherapy Market Size & Outlook, 2020-2027
Australia sclerotherapy market, 2016-2027 (US$M)
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Australia sclerotherapy market highlights
- The Australia sclerotherapy market generated a revenue of USD 11.7 million in 2020 and is expected to reach USD 16.3 million by 2027.
- The Australia market is expected to grow at a CAGR of 4.9% from 2021 to 2027.
- In terms of segment, detergents was the largest revenue generating agent in 2020.
- Detergents is the most lucrative agent segment registering the fastest growth during the forecast period.
Sclerotherapy market data book summary
| Market revenue in 2020 | USD 11.7 million |
| Market revenue in 2027 | USD 16.3 million |
| Growth rate | 4.9% (CAGR from 2020 to 2027) |
| Largest segment | Detergents |
| Fastest growing segment | Detergents |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Detergents, Chemical Irritants, Osmotic Agents |
| Key market players worldwide | B2Gold Corp, LGM Pharma, Troikaa Pharmaceuticals, Mylan, Perrigo Co PLC, Merz Pharma, Medi-Globe |
Other key industry trends
- In terms of revenue, Australia accounted for 1.3% of the global sclerotherapy market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China sclerotherapy market is projected to lead the regional market in terms of revenue in 2027.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 85.8 million by 2027.
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Sclerotherapy Market Scope
Sclerotherapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia sclerotherapy market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sclerotherapy market will help companies and investors design strategic landscapes.
Detergents was the largest segment with a revenue share of 41.88% in 2020. Horizon Databook has segmented the Australia sclerotherapy market based on detergents, chemical irritants, osmotic agents covering the revenue growth of each sub-segment from 2016 to 2027.
According to Australian Institute of Health and Welfare, 25% of children and 31% of adults were obese as of 2018 and thus the prevalence of venous diseases have increased in the country. According to the Vein Institute, almost 30 percent of Australian men suffer from varicose veins, and around between 20-30% of men will suffer from varicose veins in their lifetime.
According to the Australian Government, in 2017, there were 3.8 million Australians aged over 65 and the number is expected to reach up to 8.8 million by 2057. These factors will likely boost the prevalence of venous conditions, in turn boosting the sclerotherapy market in the country.
Australia is known for adopting new technologies at a faster rate than most other countries and is likely to accept innovative treatments to treat conditions like varicose veins at a quicker pace, in turn boosting the market in the country.
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Target buyers of Australia sclerotherapy market databook
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Our clientele includes a mix of sclerotherapy market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia sclerotherapy market, including forecasts for subscribers. This country databook contains high-level insights into Australia sclerotherapy market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Australia sclerotherapy market size, by agent, 2016-2027 (US$M)
Australia Sclerotherapy Market Share, 2020 & 2027 (US$M)
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