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New York, USA, Sept. 18, 2025 (GLOBE NEWSWIRE) — Chronic Venous Insufficiency Market to Increase at a CAGR of 9.4% During the Forecast Period (2025-2034) Due to the Launch of Emerging Therapies and Chronic Venous Insufficiency Medical Devices | DelveInsight
The total market size of chronic venous insufficiency in the leading geographies, the US, EU4, UK, and Japan, in 2024 was approximately USD 2.1 billion. It is expected to grow by 2034, driven by broader market penetration of approved devices such as the Duo Venous Stent System, Venclose System, ClosureFast RFA System, and others, and the introduction of new emerging treatments like P-TEV (Verigraft AB), TR987 (TR Therapeutics), VenoValve (enVVeno Medical Corporation), and others.
DelveInsight’s Chronic Venous Insufficiency Market Insights report includes a comprehensive understanding of current treatment practices, emerging chronic venous insufficiency drugs, market share of individual therapies, and current and forecasted chronic venous insufficiency market size from 2020 to 2034, segmented into leading markets (the US, EU4, UK, and Japan).
Chronic Venous Insufficiency Market Summary
The total chronic venous insufficiency treatment market size was USD 2.1 billion in 2024, and it is expected to grow positively by 2034 in the leading markets (the US, EU4, UK, and Japan).The United States accounts for the largest market size of chronic venous insufficiency, i.e., 60%, in comparison to EU4 (Germany, Italy, France, and Spain), the UK, and Japan.Based on DelveInsight’s assessment in 2024, the 7MM had 17.6 million diagnosed prevalent cases of CVI. These are expected to rise due to the growing geriatric population and advancements in diagnostic capabilities during the forecast period (2025-2034).Key chronic venous insufficiency companies, including MediWound, TR Therapeutics, Verigraft AB, enVVeno Medical Corporation, Theraclion, and others, are actively working on innovative drugs and chronic venous insufficiency medical devices. Some of the key chronic venous insufficiency therapies in clinical trials include EscharEx, TR987, P-TEV, and others. These novel chronic venous insufficiency therapies are anticipated to enter the chronic venous insufficiency market in the forecast period and are expected to change the market.Key chronic venous insufficiency medical devices in development include VenoValve, EnVVe, SONOVEIN, and others.
Discover which chronic venous insufficiency medications are expected to grab the market share @ Chronic Venous Insufficiency Market Report
Key Factors Driving the Growth of the Chronic Venous Insufficiency Market
Rising CVI Prevalence is Driving the Market
Based on DelveInsight’s assessment in 2024, the 7MM had approximately 17 million diagnosed prevalent cases of CVI, which is expected to increase at a CAGR of 1.4% by 2034.. These are expected to rise due to the growing geriatric population and advancements in diagnostic capabilities during the forecast period (2025-2034).
Innovations in Non-Pharmacological CVI Treatments
Advancements in technology, like advanced compression devices and therapeutic ultrasound, enhance non-pharmacological treatments for CVI by optimizing venous circulation and aiding tissue repair. These innovations offer precise and personalized care, improving treatment outcomes and patient satisfaction.
Key CVI Companies Driving R&D
The clinical trial landscape of CVI possesses potential candidates. Companies like VERIGRAFT (P-TEV), enVVeno Medical Corporation (VenoValve), Theraclion (SONOVEIN), MediWound (EscharEx), TR Therapeutics (TR987), and others are engaged in research and development efforts for CVI.
Chronic Venous Insufficiency Market Analysis
The CVI market is witnessing a shift from traditional surgical procedures toward less invasive therapies, including endovenous laser treatment, radiofrequency ablation, sclerotherapy, and novel pharmacological approaches. Minimally invasive techniques like Sclerotherapy, Endovenous Laser Therapy (EVLT), and Radiofrequency Ablation (RFA) are also gaining traction. EVLT works by inserting a laser fiber into the affected vein, where laser energy is applied to close it. At the same time, RFA uses a catheter to deliver radiofrequency energy that causes the vein to collapse and seal. Compared to conventional surgery, these approaches are less invasive and typically allow faster recovery.
In August 2023, Medtronic received FDA 510(k) clearance for an upgraded ClosureFast RFA catheter with a slimmer 6-F profile, now available in the U.S. Additionally, companies like enVVeno Medical Corporation and VERIGRAFT are actively developing and testing new treatment candidates for Chronic Venous Insufficiency.
Learn more about the chronic venous insufficiency treatment options @ Chronic Venous Insufficiency Medical Devices
Chronic Venous Insufficiency Competitive Landscape
The dynamics of the chronic venous insufficiency market are expected to shift in the coming years due to the increasing global healthcare spending. Some of the devices and therapies in development include EscharEx (MediWound), P-TEV (Verigraft AB), VenoValve (enVVeno Medical Corporation), SONOVEIN (Theraclion), and others.
Verigraft’s P-TEV is an advanced therapy medicinal product (ATMP) developed as a novel alternative to autologous or synthetic grafts in reconstructive vein surgery. Its clinical evaluation is ongoing in the TECVI-1 trial, a Phase I/II open-label exploratory study involving 15 patients with chronic venous insufficiency (CVI), designed to assess the feasibility and safety of P-TEV grafts. In May 2025, Verigraft reported that AEMPS approved an amendment confirming the completion of patient enrollment in the Phase I/II trial, underscoring the strong safety profile of the P-TEV platform.
The enVVeno Medical Corporation’s VenoValve, meanwhile, is a first-of-its-kind surgically implanted device being developed for deep venous CVI. Positioned within the femoral vein, it functions as a one-way valve to restore upward blood flow in the leg and improve venous return to the heart. Its clinical progress is being tested in the pivotal SAVVE study. In June 2025, enVVeno released interim two-year follow-up results from 42 of the 75 participants in its U.S. pivotal VenoValve trial at the Society for Vascular Surgery (SVS) 2025 VAM25 meeting.
The anticipated launch of these emerging chronic venous insufficiency therapies and devices are poised to transform the chronic venous insufficiency market landscape in the coming years. As these cutting-edge chronic venous insufficiency therapies and devices continue to mature and gain regulatory approval, they are expected to reshape the chronic venous insufficiency market landscape, offering new standards of care and unlocking opportunities for medical innovation and economic growth.
To know more about new treatment for chronic venous insufficiency, visit @ Chronic Venous Insufficiency Management
Recent Developments in the Chronic Venous Insufficiency Market
In June 2025, enVVeno presented the interim two-year follow-up data on 42 subjects from the 75 person VenoValve US pivotal trial at the Society for Vascular Surgery (SVS) 2025 Vascular Annual Meeting (VAM25).In May 2025, VERIGRAFT announced that the Spanish Medicines Agency (AEMPS) formally approved an amendment confirming the completion of patient recruitment for the company’s ongoing Phase I/II clinical trial (TECVI-1), recognizing the strong safety profile of the P-TEV technology.In April 2025, VenoValve was featured in the Annual Charing Cross Symposium in 2025.
What is Chronic Venous Insufficiency?
Chronic venous disease (CVD) is a common condition that primarily affects the veins in the lower limbs. It includes a wide range of venous disorders, from minor cosmetic issues such as spider veins to more serious and disabling problems like venous ulcers. Chronic venous insufficiency (CVI) represents the advanced stages of CVD and is a widespread, long-term disorder characterized by impaired blood circulation in the superficial or deep veins. This dysfunction results in elevated venous pressure, known as venous hypertension, which in turn causes clinical manifestations such as leg swelling, skin changes, and discomfort.
Chronic Venous Insufficiency Epidemiology Segmentation
The chronic venous insufficiency market forecast is derived using patient-based forecasts and analysis. The report offers in-depth analysis of the historical and current chronic venous insufficiency patient pool and forecasted trends for the leading markets (the US, EU4, UK, and Japan). It helps recognize the causes of current and forecasted patient trends by exploring numerous studies and views of key opinion leaders.
The chronic venous insufficiency market report proffers epidemiological analysis for the study period 2020-2034 in the leading markets (the US, EU4, UK, and Japan) segmented into:
Total Prevalent Cases of CVDTotal Diagnosed Prevalent Cases of CVD Stage-Specific Diagnosed Prevalent cases of Chronic Venous Insufficiency Diagnosed Prevalent Cases of CVIGender-Specific Cases of Chronic Venous Insufficiency
Download the report to understand which factors are driving chronic venous insufficiency epidemiology trends @ Chronic Venous Insufficiency Treatment Algorithm
Scope of the Chronic Venous Insufficiency Market Report
Chronic Venous Insufficiency Therapeutic Assessment: Chronic Venous Insufficiency current marketed and emerging therapiesChronic Venous Insufficiency Market Dynamics: Conjoint Analysis of Emerging Chronic Venous Insufficiency DrugsCompetitive Intelligence Analysis: SWOT analysis and Market entry strategiesChronic Venous Insufficiency Market Unmet Needs, KOL’s views, Analyst’s views, Chronic Venous Insufficiency Market Access and Reimbursement
Discover more about chronic venous insufficiency drugs in development @ Chronic Venous Insufficiency Clinical Trials
Table of Contents
Related Reports
Chronic Venous Insufficiency Clinical Trial Analysis
Chronic Venous Insufficiency Pipeline Insight – 2025 report provides comprehensive insights about the pipeline landscape, pipeline drug profiles, including clinical and non-clinical stage products, and the key CVI companies, including MediWound, TR Therapeutics, Verigraft AB, enVVeno Medical Corporation, Theraclion, Philips, BD, Medtronic, Tactile Medical, Koya Medical, among others.
Deep Vein Thrombosis Market
Deep Vein Thrombosis Market Insights, Epidemiology, and Market Forecast – 2034 report delivers an in-depth understanding of the disease, historical and forecasted epidemiology, as well as the market trends, market drivers, market barriers, and key DVT companies, including Carbomimetics, GlycoMimetics, Marizyme, Boehringer Ingelheim, Bio-Synectics, Inc., among others.
Deep Vein Thrombosis Clinical Trial Analysis
Deep Vein Thrombosis Pipeline Insight – 2025 report provides comprehensive insights about the pipeline landscape, pipeline drug profiles, including clinical and non-clinical stage products, and the key DVT companies, including Carbomimetics, GlycoMimetics, Marizyme, Boehringer Ingelheim, Bio-Synectics, Inc., among others.
Radiofrequency Ablation Devices Market
Radiofrequency Ablation Devices Market Insights, Competitive Landscape, and Market Forecast – 2032 report delivers an in-depth understanding of the market trends, market drivers, market barriers, and key radiofrequency ablation devices companies, including Boston Scientific Corporation, BIOTRONIK Schweiz AG, Abbott, Olympus Corporation, Stryker, Medtronic, AngioDynamics, CONMED Corporation, Lepu Medical Technology (Beijing) Co., Ltd, Arthrex Inc., STARmed Co., Ltd., HOLOGIC, Inc., Baylis Medical Company, Inc., Smith & Nephew, Johnson & Johnson Services, Inc., Sutter Medizintechnik GmbH, Bramsys, RF Medical Co., Ltd, OSYPKA AG, Avanos Medical, Inc., among others.
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