India Sclerotherapy Market Size & Outlook, 2020-2027
India sclerotherapy market, 2016-2027 (US$M)
Related Markets
India sclerotherapy market highlights
- The India sclerotherapy market generated a revenue of USD 17.5 million in 2020 and is expected to reach USD 27.5 million by 2027.
- The India market is expected to grow at a CAGR of 6.7% 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 17.5 million |
| Market revenue in 2027 | USD 27.5 million |
| Growth rate | 6.7% (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, India accounted for 1.9% 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 |
|---|
India 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 42.29% in 2020. Horizon Databook has segmented the India sclerotherapy market based on detergents, chemical irritants, osmotic agents covering the revenue growth of each sub-segment from 2016 to 2027.
Like any other developing countries India too faces a threat of obesity amongst its population. According to NCBI, by 2025, India will have over 17 million obese adults and the prevalence of obesity will triple by 2040 and has become a topic of concern for the country.
Indian millennials are now creating awareness and adopting healthier lifestyle as the influence from social platforms are rising. Moreover India has also witnessed a surge in the geriatric population and total number of people above the age of 60 is expected to reach 173 million by 2026 and is s projected to increase to nearly 20 per cent in 2050.
Just like other populous countries obesity and old age are the major risk factors for the high incidence of varicose veins in the country and it is estimated that varicose veins affects 7 to 10% of the India population.
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Target buyers of India 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India sclerotherapy market, including forecasts for subscribers. This country databook contains high-level insights into India sclerotherapy market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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India sclerotherapy market size, by agent, 2016-2027 (US$M)
India Sclerotherapy Market Share, 2020 & 2027 (US$M)
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