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

GlobeNewswire | DelveInsight Business Research LLP
Thursday, September 18, 2025 at 5:00pm UTC

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 CVD
  • Total Diagnosed Prevalent Cases of CVD 
  • Stage-Specific Diagnosed Prevalent cases of Chronic Venous Insufficiency 
  • Diagnosed Prevalent Cases of CVI
  • Gender-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

Chronic Venous Insufficiency Market Report MetricsDetails
Study Period2020–2034
Chronic Venous Insufficiency Market Report Coverage7MM [The United States, the EU-4 (Germany, France, Italy, and Spain), the United Kingdom, and Japan]
Chronic Venous Insufficiency Market CAGR9.4%
Chronic Venous Insufficiency Market Size in 2024USD 2.1 Billion
Key Chronic Venous Insufficiency CompaniesMediWound, TR Therapeutics, Verigraft AB, enVVeno Medical Corporation, Theraclion, Philips, BD, Medtronic, Tactile Medical, Koya Medical, and others
Key Chronic Venous Insufficiency Therapies and Medical DevicesEscharEx, TR987, P-TEV, VenoValve, EnVVe, SONOVEIN, Duo Venous Stent System, Venclose System, ClosureFast RFA System, ActiTouch, Dayspring Compression System, VenaSeal, and others

Scope of the Chronic Venous Insufficiency Market Report

  • Chronic Venous Insufficiency Therapeutic Assessment: Chronic Venous Insufficiency current marketed and emerging therapies
  • Chronic Venous Insufficiency Market Dynamics: Conjoint Analysis of Emerging Chronic Venous Insufficiency Drugs
  • Competitive Intelligence Analysis: SWOT analysis and Market entry strategies
  • Chronic 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

1Chronic Venous Insufficiency Market Key Insights
2Chronic Venous Insufficiency Market Report Introduction
3CVI Market Overview at a Glance
3.1Market Share (%) Distribution of CVI in 2020
3.2Market Share (%) Distribution of CVI in 2034
4Chronic Venous Insufficiency Epidemiology and Market Methodology
5Executive Summary
6Key Events
7Disease Background and Overview
7.1Introduction
7.2Classification of CVI
7.3Signs and Symptoms of CVI
7.4Causes of CVI
7.5Pathophysiology
7.6Chronic Venous Insufficiency Diagnosis
7.7Treatment and Management of CVI
7.8Chronic Venous Insufficiency Treatment Algorithm
7.9Chronic Venous Insufficiency Treatment Guidelines
8Chronic Venous Insufficiency Patient Journey
9Chronic Venous Insufficiency Epidemiology and Patient Population
9.1Key Findings
9.2Assumptions and Rationale
9.2.1Prevalent Cases of CVD
9.2.2Diagnosed Prevalent Cases for CVD
9.2.3Stage-specific Diagnosed Prevalent Cases of CVD
9.2.4Diagnosed Prevalent Cases of CVI
9.2.5Gender-specific Diagnosed Prevalent Cases of CVI
9.3Total Diagnosed Prevalent Cases of CVI in the 7MM
9.4The US
9.5EU4 and the UK
9.6Japan
10Marketed Chronic Venous Insufficiency Medical Devices
10.1Stent System
10.1.1Duo Venous Stent System: Philips
10.1.1.1Company Overview
10.1.1.2Product Description
10.1.1.3Regulatory Milestones
10.1.1.4Other Developmental Activities
10.1.1.5Clinical Development
10.1.1.5.1Clinical Trial Information
10.1.1.6Safety and Efficacy
10.1.1.7Product Profile
10.2Radiofrequency Ablation System
10.2.1Venclose System: BD
10.2.2ClosureFast RFA System: Medtronic
10.3Compression System
10.3.1ActiTouch: Tactile Medical
10.3.2Dayspring Compression System: Koya Medical
10.4Others
10.4.1VenaSeal: Medtronic
11Emerging Chronic Venous Insufficiency Drugs
11.1EscharEx: MediWound
11.1.1Company Overview
11.1.2Product Description
11.1.3Other Developmental Activities
11.1.4Clinical Development
11.1.5Safety and Efficacy
11.2TR987: TR Therapeutics
11.3P-TEV: Verigraft AB
12Emerging Chronic Venous Insufficiency Medical Devices
12.1VenoValve: enVVeno Medical Corporation
12.1.1Company Overview
12.1.2Product Description
12.1.3Other Developmental Activities
12.1.4Clinical Development
12.1.4.1Clinical Trials Information
12.1.5Safety and Efficacy
12.2EnVVe: enVVeno Medical Corporation
12.3SONOVEIN: Theraclion
13Chronic Venous Insufficiency: Market Analysis
13.1Key Findings
13.2Key Chronic Venous Insufficiency Market Forecast Assumptions
13.3Chronic Venous Insufficiency Market Outlook
13.4Total Market Size of Chronic Venous Insufficiency in the 7MM
13.5Total Market Size of Chronic Venous Insufficiency by Therapies in the 7MM
13.6Market Size of Chronic Venous Insufficiency in the US
13.6.1Total Market Size of Chronic Venous Insufficiency in the US
13.6.2The Market Size of Chronic Venous Insufficiency by Therapies in the US
13.7Market Size of Chronic Venous Insufficiency in EU4 and the UK
13.8Market Size of Chronic Venous Insufficiency in Japan
14Key Opinion Leaders’ Views on Chronic Venous Insufficiency 
15Chronic Venous Insufficiency Market SWOT Analysis
16Chronic Venous Insufficiency Market Unmet Needs
17Chronic Venous Insufficiency Market Drivers
18Chronic Venous Insufficiency Market Barriers
19Chronic Venous Insufficiency Market Access and Reimbursement
19.1The United States
19.2In EU4 and the UK
19.3Japan
20Bibliography
21Acronyms and Abbreviations
22Chronic Venous Insufficiency Market Report Methodology

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