The latest report on Compression Therapy Market by Infinium global research gives complete coverage of the Compression Therapy Market by product(compression pump, compression bandage, compression stocking and compression tape), disease condition (lymphedema, VTE and others), technology(static, dynamic) in terms of key trends, market size, forecast and CAGR growth over the period of 2017 to 2023. In addition, the study covers deep dive into key product and applications trends in the regional markets of Compression Therapy such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
The Global Compression Therapy market is projected to reach USD X.XX billion by 2023, growing with a CAGR of 5.0 % to 5.5 % from 2017 to 2023. The global compression therapy market was worth USD 2.72 billion in 2015. Compression therapy involves wearing specially designed bandages, hosiery, socks or stockings, tapes for strengthening the support for veins and thereby increasing the blood circulation in the legs. Compression therapy materials apply gentle pressure to the ankles and legs. It helps in controlling the discomfort and swelling of legs. During the therapy, due to compression, muscular vibration is reduced significantly and delayed muscle soreness is prevented. Compression therapy stockings are manufactured by using elastic apparels. When these garments are used, the compression start at the ankles and then the action gradually moves upwards. Static compression therapy and dynamic compression therapy are the two types of compression therapy.
Globally, the presence of large geriatric population with specific healthcare requirements related to venous or limb ailments is a prime factor that is anticipated to drive the growth of the compression therapy market. Increasing awareness about various venous diseases and injuries, along with the increase in participation in adventure and sporting activities are the major factors driving the growth of the compression therapy market. Compression pumps segment is expected to be the fastest growing segment in the global compression therapy market, due to the increasing number of patients with chronic illnesses related to limbs. Static compression therapy segment accounts for majority of revenue in the global compression therapy. Easier application as well as removal drives the increasing usage of the static compression therapy products
The report segments the global compression therapy market by product, disease condition and region. The segmentation based on product includes compression pump, compression bandage, compression stocking and compression tape. On the basis of disease condition, the market is segmented as lymphedema, VTE and others.
BSN Medical GmbH,
Medtronic PLC, SIGVARIS,
Paul Hartmann AG,
Bio Compression Systems, Inc,
Julius Zorn GmbH,
Smith & Nephew PLC
Key topics covered:
2. Executive Summary
3. Global Compression Therapy Market Overview
4. Global Compression Therapy Market: IGR Snapshots
5. Global compression market by Product (USD Million) 2017 – 2023
6. Global compression market by Technology (USD Million) 2017 – 2023
7. Global Compression Therapy Market Analysis, by Disease Condition (USD Million) 2017 – 2023
8. Global Compression Therapy Market Analysis, by Region (USD Million) 2017 – 2023
9. Company Profiles