Compression therapy is used to increase blood flow in the lower limbs by strengthening vein support. Compression therapy is a treatment that can help alleviate aching and loosen constriction between the walls of the veins. The process works by gently applying pressure to the ankles and legs to slowly stretch out vein walls and improve overall circulation, which in turn helps to eliminate swelling. The pressure applied from compression therapy does not slow blood flow, however the pressure actually increases the blood flow. So, the improved circulation can help promote healing, and the pressure prevents blood from pooling in the veins.
The most common form of compression therapy is wearing stockings that supports the vein and increase circulation in the legs. The stocking apply pressure evenly over a sore or painful area. A patient wears the stocking during the day and removes them when in bed.
Market Dynamics
Increasing patient population of lymphedema patients, rising research and development activities, and increasing adoption of inorganic growth strategies such as mergers, acquisitions, partnership, and collaboration by key players operating in market are the major factors that are expected to drive growth of the global compression therapy market over the forecast period.
For instance, according to an article published in National Center for Biotechnology Information in June 2021, secondary lymphedema affects approximately 1 in 1000 Americans.
Key features of the study:
- This report provides in-depth analysis of the global compression therapy market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global compression therapy market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
- Key companies covered as a part of this study include BSN medical, SIGVARIS, medi GmbH & CO KG, Actile Medical, Innothera, PAUL HARTMANN AG, DJO Global, Inc., Devon Medical Products, ElastiMed, KT Health, IntelliSkin, 3M, Biocompression Systems, Inc., Medtronic and Other prominent players.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global compression therapy market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global compression therapy market
Detailed Segmentation:
- Global Compression Therapy Market, By Technology:
- Static Compression Therapy
- Dynamic Compression Therapy
- Global Compression Therapy Market, By Product Type:
- Compression Garments
- Compression Stockings
- Compression Bandages
- Compression Tapes
- Compression Pumps
- Global Compression Therapy Market, By Application:
- Varicose Vein
- Deep Vein Thrombosis
- Lymphedema
- Leg Ulcer
- Global Compression Therapy Market, By Distribution Channel:
- Pharmacies
- E-Commerce
- Others (Specialty Stores, Supermarkets, etc.)
- Global Compression Therapy Market, By Region:
- North America
- Latin America
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Country
- GCC
- Israel
- Rest of Middle East
- Africa
- By Region
- South Africa
- Central Africa
- North Africa
- Company Profiles
- BSN Medical.*
- Company Overview
- Material Portfolio
- Financial Performance
- Key Highlights
- Market Strategies
- SIGVARIS
- medi GmbH & CO KG
- Actile Medical
- Innothera
- PAUL HARTMANN AG
- DJO Global, Inc.
- Devon Medical Products
- ElastiMed
- KT Health
- IntelliSkin
- 3M
- Biocompression Systems, Inc
- Medtronic
- Other prominent players.
“*” marked represents similar segmentation in other categories in the respective section.
