AIR PRESSURE THERAPY MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Air Pressure Therapy Market, By Techniques (Static Compression Therapy, Dynamic Compression Therapy), By Product Type (Stockings, Bandages, Pumps, Others (Sleeves, Tapes and others)), By Application (Varicose Veins, Deep Vein Thrombosis, Lymphedema, Others (Leg Ulcer Treatment and others), By Distribution Channel (Pharmacies, E-Commerce and Others (Specialty Stores, Supermarkets and others)), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Nov 2023
Code : CMI6328
Pages :156
Formats :
Excel and PDF
Industry : Medical Devices

Air Pressure Therapy Market Size and Trends

The global air pressure therapy market size is expected to reach US$ 6,750 Mn by 2030, from US$ 4,400 Mn in 2023, growing at a CAGR of 6.3% during the forecast period.

The market is categorized based on techniques, product types, applications, distribution channels, and regions. In 2023, the stockings segment dominated the market due to their ease of use and comfort. Meanwhile, the bandages segment is expected to witness the highest CAGR during the forecast period, attributed to the growing adoption of compression bandages for treating varicose veins and other vein disorders.

Global Air Pressure Therapy Market Trends:

Smart Compression Devices: The global air pressure therapy market has seen significant innovations in recent years with the introduction of smart compression devices. These smart devices use Bluetooth and mobile app connectivity to provide customized treatment plans and monitor patient progress. The connectivity allows physicians to remotely monitor patient compliance and response to therapy, enabling more effective treatment. It also encourages patients to adhere to their prescribed treatment regimen through goal-setting and feedback on the app. Several startups as well as large medical device companies are innovating in this area.
Wearable Technology: The rise of the quantified self and wearable technology trends have introduced consumers to new ways of tracking their health data through handy devices. As wearables become more sophisticated to monitor vitals like blood pressure, heart rate, and other biometrics over long periods, they are influencing the global air pressure therapy market. Users are now more aware of fluctuations in their blood circulation and are seeking targeted home therapies. This growing health awareness and convenience of wearables is driving demand for complementary air pressure equipment that can be easily used in the comfort of one's home.