Reports
Sale
Global Compression Therapy Market Share, Size, Growth, Trends, Forecast: By Technology: Static Compression Therapy, Dynamic Compression Therapy; By Application: Venous Leg Ulcers, Deep Vein Thrombosis Treatment, Others; By Products: Compression Garments, Compression Pumps, Others; Regional Analysis; Supplier Landscape; 2023-2031
Global Compression Therapy Market Outlook
The global compression therapy market size reached a value of around USD 3.5 billion in 2022. The market is further expected to grow at a CAGR of 5.44% during the forecast period of 2023-2031, likely to attain a value of around USD 5.6 billion by 2031.
Compression Therapy Market: Introduction and Insights
Compression therapy is an ancient therapy which is done using compression socks, bandages, boots, and stockings, among others, to apply a gentle pressure on the legs. The method is still quite popular as modern science continues to discover its benefits in the treatment and recovery of injuries. Compression therapy is used to increase the blood flow to different parts of the body, which enhances circulation and reduces swelling. Consistency is extremely important to get the optimum results from this therapy. The therapy can either be used alone or in combination with other treatments.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The therapy offers extensive benefits such as enhanced blood flow, reduced swelling, reduced symptoms of orthostatic hypotension, prevention and treatment of varicose veins, reduced risk of blood clots, and faster healing of ulcers, among others. The most common conditions where compression therapy is used include chronic venous insufficiency (CVI), oedema, deep vein thrombosis (DVT), and leg ulcers, among others.
The growth of the market is primarily being driven by the rising prevalence of diseases and conditions like oedema, deep vein thrombosis (DVT), chronic venous insufficiency (CVI), and leg ulcers, among others.
Global Compression Therapy Market Analysis
Based on type, the market is divided into technology, application, products, and region.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Market Breakup by Technology
- Static Compression Therapy
- Dynamic Compression Therapy
Market Breakup by Application
- Venous Leg Ulcers
- Deep Vein Thrombosis Treatment
- Lymphedema Treatment
- Other Applications
Market Breakup by Products
- Compression Garments
- Compression Pumps
- Compression Braces
Compression Therapy Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Global Compression Therapy Market Scenario
The growth of the global market can be attributed to the rising cases of sports injuries and accidents across the globe. The rising competition amongst key players and the increasing product portfolio is aiding the growth of the market. The rising adoption of compression therapy by the healthcare organisations with the developing healthcare infrastructure is propelling the growth of the market.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The rising patient population and the per capita healthcare expenditure across the globe is providing further impetus to the growth of the market, especially in North America and Asia Pacific.
Among the products, compression bandages account for the largest shares of the market and are likely to continue leading the global market in the coming years as well. Rising prevalence of diseases like diabetes, foot ulcers, swelling, oedema, and varicose veins, among others.
Competitive Landscape
The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global compression therapy market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players.
- Johnson & Johnson
- Medtronic Plc
- Stryker Corporation
- Terumo Corporation
- ASAHI INTECC CO.
- Penumbra
- Acandis GmbH
- Braun Melsungen AG
- Integer Holdings Corporation
- Microport Scientific CorporatiON
- PHENOX GmbH
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2016-2022 |
| Forecast Period | 2023-2031 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Technology |
|
| Breakup by Application |
|
| Breakup by Products |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Compression Therapy Market Overview
3.1 Global Compression Therapy Market Historical Value (2016-2022)
3.2 Global Compression Therapy Market Forecast Value (2023-2031)
4 Global Compression Therapy Market Landscape
4.1 Compression Therapy: Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Compression Therapy: Product Landscape
4.2.1 Analysis by Device Type
4.2.2 Analysis by Technology
4.2.3 Analysis by End User
5 Global Compression Therapy Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Compression Therapy Market Segmentation
6.1 Global Compression Therapy Market by Technology
6.1.1 Market Overview
6.1.2 Static Compression Therapy
6.1.3 Dynamic Compression Therapy
6.2 Global Compression Therapy Market by Application
6.2.1 Market Overview
6.2.2 Venous Leg Ulcers
6.2.3 Deep Vein Thrombosis Treatment
6.2.4 Lymphedema Treatment
6.2.5 Other Applications
6.3 Global Compression Therapy Market by Products
6.3.1 Market Overview
6.3.2 Compression Garments
6.3.3 Compression Pumps
6.3.4 Compression Braces
6.4 Global Compression Therapy Market by Region
6.4.1 Market Overview
6.4.2 North America
6.4.3 Europe
6.4.4 Asia Pacific
6.4.5 Latin America
6.4.6 Middle East and Africa
7 North America Compression Therapy Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Compression Therapy Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Compression Therapy Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Compression Therapy Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Compression Therapy Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Regulatory Framework
12.1 Regulatory Overview
12.1.1 US FDA
12.1.2 EU EMA
12.1.3 INDIA CDSCO
12.1.4 JAPAN PMDA
12.1.5 Others
13 Patent Analysis
13.1 Analysis by Type of Patent
13.2 Analysis by Publication year
13.3 Analysis by Issuing Authority
13.4 Analysis by Patent Age
13.5 Analysis by CPC Analysis
13.6 Analysis by Patent Valuation
13.7 Analysis by Key Players
14 Grants Analysis
14.1 Analysis by year
14.2 Analysis by Amount Awarded
14.3 Analysis by Issuing Authority
14.4 Analysis by Grant Application
14.5 Analysis by Funding Institute
14.6 Analysis by NIH Departments
14.7 Analysis by Recipient Organization
15 Clinical Trials Analysis
15.1 Analysis by Trial Registration Year
15.2 Analysis by Trial Status
15.3 Analysis by Trial Phase
15.4 Analysis by Therapeutic Area
15.5 Analysis by Geography
16 Funding and Investment Analysis
16.1 Analysis by Funding Instances
16.2 Analysis by Type of Funding
16.3 Analysis by Funding Amount
16.4 Analysis by Leading Players
16.5 Analysis by Leading Investors
16.6 Analysis by Geography
17 Partnership and Collaborations Analysis
17.1 Analysis by Partnership Instances
17.2 Analysis by Type of Partnership
17.3 Analysis by Leading Players
17.4 Analysis by Geography
18 Supplier Landscape
18.1 3M
18.1.1 Financial Analysis
18.1.2 Product Portfolio
18.1.3 Demographic Reach and Achievements
18.1.4 Mergers and Acquisitions
18.1.5 Certifications
18.2 Paul Hartmann AG
18.2.1 Financial Analysis
18.2.2 Product Portfolio
18.2.3 Demographic Reach and Achievements
18.2.4 Mergers and Acquisitions
18.2.5 Certifications
18.3 Smith & Nephew PLC
18.3.1 Financial Analysis
18.3.2 Product Portfolio
18.3.3 Demographic Reach and Achievements
18.3.4 Mergers and Acquisitions
18.3.5 Certifications
18.4 Medline Industries
18.4.1 Financial Analysis
18.4.2 Product Portfolio
18.4.3 Demographic Reach and Achievements
18.4.4 Mergers and Acquisitions
18.4.5 Certifications
18.5 DJO Global
18.5.1 Financial Analysis
18.5.2 Product Portfolio
18.5.3 Demographic Reach and Achievements
18.5.4 Mergers and Acquisitions
18.5.5 Certifications
18.6 Bio Compression Systems
18.6.1 Financial Analysis
18.6.2 Product Portfolio
18.6.3 Demographic Reach and Achievements
18.6.4 Mergers and Acquisitions
18.6.5 Certifications
18.7 Cardinal Health
18.7.1 Financial Analysis
18.7.2 Product Portfolio
18.7.3 Demographic Reach and Achievements
18.7.4 Mergers and Acquisitions
18.7.5 Certifications
18.8 Arjo
18.8.1 Financial Analysis
18.8.2 Product Portfolio
18.8.3 Demographic Reach and Achievements
18.8.4 Mergers and Acquisitions
18.8.5 Certifications
18.9 BSN Medical
18.9.1 Financial Analysis
18.9.2 Product Portfolio
18.9.3 Demographic Reach and Achievements
18.9.4 Mergers and Acquisitions
18.9.5 Certifications
18.10 Medi gmbh
18.10.1 Financial Analysis
18.10.2 Product Portfolio
18.10.3 Demographic Reach and Achievements
18.10.4 Mergers and Acquisitions
18.10.5 Certifications
18.11 Tactile Medical
18.11.1 Financial Analysis
18.11.2 Product Portfolio
18.11.3 Demographic Reach and Achievements
18.11.4 Mergers and Acquisitions
18.11.5 Certifications
18.12 Medtronic Plc
18.12.1 Financial Analysis
18.12.2 Product Portfolio
18.12.3 Demographic Reach and Achievements
18.12.4 Mergers and Acquisitions
18.12.5 Certifications
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
Key Questions Answered in the Report
The market attained a value of USD 3.5 billion in 2022, driven by the rising cases of neurovascular diseases across the globe.
The market is anticipated to grow at a CAGR of 5.44% during the forecast period of 2023-2031 to attain a value of around USD 5.6 billion by 2031.
The growth of the market is driven by factors like rising awareness about the benefits of the therapy, rising healthcare facilities, and the rising prevalence of diseases like diabetes and foot ulcer.
The rising investment in advanced therapies and devices by healthcare organisations and government act like key trends for the global market.
The key technologies in the market include static and dynamic compression therapy.
The therapy finds wide applications in venous leg ulcers, deep vein thrombosis treatment, and lymphedema treatment, among others.
The products included in the market are compression garments, compression pumps, and compression braces.
The major regional markets include North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
The key players in the market can be categorised into Johnson & Johnson, Medtronic Plc, Stryker Corporation, Terumo Corporation, ASAHI INTECC CO., Penumbra, Acandis GmbH, Braun Melsungen AG, Integer Holdings Corporation, Microport Scientific CorporatiON, and PHENOX GmbH.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$ 3499
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$5999$2999-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$7999$3999-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$9999$5999-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER