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The compression therapy market size is forecast to increase by USD 1.55 billion and is estimated to grow at a CAGR of 6.78% between 2023 and 2028. Chronic venous diseases and lymphedema are increasingly prevalent health conditions, particularly among the aging population, who are more prone to venous disorders. Compression therapy, a non-surgical treatment option like light therapy, has gained significant attention due to its effectiveness in managing these conditions. Compression therapy uses specially designed garments or bandages to apply controlled pressure to the affected limbs, promoting improved blood flow and reducing swelling, pain, and discomfort. The growing awareness about the benefits of compression therapy as well as aesthetic lasers and energy devices, including its ability to prevent complications and enhance overall quality of life, is driving its adoption among patients. This non-invasive, cost-effective treatment modality is becoming an essential component of venous disease and lymphedema management.
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The compression therapy market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The static segment is estimated to witness significant growth during the forecast period. Compression therapy is a non-invasive treatment modality used to manage various health conditions, including sports injuries, accidents, and skeletal system injuries. The target patient population includes those experiencing pain, swelling, skin irritation, and healing process complications due to road accidents, physical activities, or underlying medical conditions such as ulcers, venous diseases, diabetes, varicose veins, lymphedema, and orthopaedic diseases.
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The static segment was the largest segment and valued at USD 1.77 billion in 2018. Compression therapy utilizes various tools like compression bandages, wraps, pumps, braces, tapes, medical tapes and bandages, and stockings to apply controlled pressure on the affected area, enhancing blood flow and promoting patient recovery. These compression garments and devices are available through various sales channels, including pharmacies, retailers, and e-commerce websites. Hence, such factors are fuelling the growth of this segment during the forecast period.
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North America is estimated to contribute 47% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Compression therapy is a non-surgical treatment used to manage various conditions, including diabetes related diseases, vein disorders, leg ulcers, and lymphedema. It is effective in reducing the occurrence of blood clots and deep vein thrombosis (DVT) in individuals with chronic venous insufficiency, venous ulcers, and obesity, driving the demand for antithrombotic drugs. Compression therapy products come in various forms, such as gradient compression systems, static compression therapy, dynamic compression therapy, cold compression therapy, and hydrotherapy compression devices. Hence, such factors are driving the compression therapy market in North America during the forecast period.
Compression therapy is a non-invasive treatment modality used for managing various medical conditions, including sports injuries, accidents, and skeletal system injuries. The primary goal of compression therapy is to enhance the healing process and promote patient recovery by applying controlled pressure to the affected area. The target patient population for compression therapy includes those with pain, swelling, skin irritation, and venous disorders such as leg ulcers, lymphedema, blood clots, DVT occurrence, and chronic venous insufficiency. Compression therapy products include compression garments, bandages, and wraps. The incidence of sports injuries and road accidents contributes significantly to the growing demand for compression therapy and medical technologies. Patients' adherence to treatment protocols is crucial for effective compression therapy. Compression therapy is also beneficial for individuals with obesity and ulcers. The global compression therapy market is expected to grow due to the increasing prevalence of these medical conditions and the effectiveness of compression therapy in managing them. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Increasing prevalence of chronic venous diseases and lymphedema is notably driving the market growth. Compression therapy plays a significant role in managing various health conditions, particularly lymphedema and chronic venous disorders. These conditions, which include ailments such as varicose veins, venous ulcers, and edema, affect a large global population.
Moreover, lymphedema is characterized by persistent swelling due to compromised lymphatic drainage, while chronic venous disorders are marked by impaired blood flow in the veins. Both conditions can significantly impact patient quality of life, leading to pain, skin irritation, and decreased mobility. Thus, such factors are driving compression therapy market growth during the forecast period.
Customized compression therapy solutions based on individual patient needs is the key trend in the market. Compression therapy is a vital treatment modality for various medical conditions, including sports injuries, accidents, skeletal system injuries, and chronic diseases such as ulcers, venous diseases, lymphedema, and diabetes.
Moreover, the target patient population for compression therapy is diverse, ranging from athletes recovering from injuries to geriatric patients managing conditions like edema, hypertension, and orthopaedic diseases. Customization is a significant trend in the market, as each patient's needs are unique. Factors like patient condition, anatomical variances, lifestyle, and preferences must be considered to determine the appropriate compression levels, garment types, and fitting. Thus, such trends will shape compression therapy market growth during the forecast period.
Limited reimbursement coverage for compression therapy is the major challenge that affects the growth of the market. Compression therapy is a vital treatment modality for various conditions, including sports injuries, accidents, and skeletal system injuries. The target patient population for compression therapy extends beyond athletic individuals, encompassing those with ulcers, venous diseases such as varicose veins and lymphedema, and geriatric populations dealing with edema, hypertension, and orthopaedic diseases.
Moreover, compression therapy aids in the healing process and patient recovery by reducing pain, swelling, and skin irritation through the use of compression garments, bandages, wraps, compression pumps, compression braces, and other compression garments. However, limited reimbursement coverage poses a significant challenge to the global market. Hence, the above factors will impede compression therapy market growth during the forecast period
The compression therapy market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the compression therapy market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
3M Co: The company offers compression therapy such as 3M Coban 2 lite two-Layer compression system with stocking.
The compression therapy market trends and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Compression therapy is a non-invasive treatment modality used for managing various health conditions, including sports injuries, accidents, and skeletal system injuries. The primary goal of compression therapy is to enhance the healing process and promote patient recovery by reducing pain, swelling, and skin irritation. Compression therapy is commonly used for treating ulcers, venous diseases such as varicose veins and lymphedema, and orthopaedic diseases like edema and hypertension. The target patient population for compression therapy includes individuals who have undergone surgeries, accidents, or physical activities that result in injuries. Road accidents, in particular, contribute significantly to the need for compression therapy due to the high incidence of skeletal system injuries.
Compression therapy products include compression bandages, wraps, compression stockings, compression tapes, compression pumps, compression braces, and compression wear. These products are available through various sales channels, including pharmacies, retailers, and e-commerce websites. Patient compliance is crucial for effective compression therapy, as regular use of compression garments and other devices can significantly improve the healing process and reduce the risk of complications. Compression therapy is also used for treating various conditions, such as varicose vein treatment, leg ulcer treatment, and lymphedema treatment, in the geriatric population and those with diabetes or hypertension.
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Market Scope |
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Report Coverage |
Details |
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Page number |
160 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.78% |
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Market growth 2024-2028 |
USD 1.55 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
6.23 |
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Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
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Performing market contribution |
North America at 47% |
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Key countries |
US, China, India, Germany, and France |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
3M Co., Bio Compression Systems, Bosl Medizintechnik GmbH, Cardinal Health Inc., ConvaTec Group Plc, DJO Global Inc., INNOTHERA, Julius Zorn GmBH, medi GmbH and Co. KG, Medline Industries LP, Medtronic Plc, Mego Afek A.C. Ltd, Paul Hartmann AG, Sanyleg S.r.l., SIGVARIS AG, Smith and Nephew plc, Spectrum Healthcare, Stryker Corp., Tactile Systems Technology Inc., and THUASNE |
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Market dynamics |
Parent market analysis, market report , market forecast , Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our compression therapy market forecast report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Therapy
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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