|10-05-2018 04:38 PM CET - Health & Medicine||
Compression Therapy Market Study 2025 | With Medtronic, 3M Health Care, Essity, BSN medical, HARTMANN GROUP, SIGVARIS GROUP, Juzo - Julius Zorn GmbH, medi GmbH & Co. KG
Press release from: Data Bridge Market Research
The compression therapy market report provides with CAGR price fluctuation throughout the forecast amount of 2018-2025 for the market. It includes a comprehensive analysis of the markets growth prospects and restrictions. The market report conjointly provides associate in nursing analytical assessment of the prime challenges baby-faced by compression therapy market presently and within the returning years, that helps market participants in understanding the issues they will face whereas operational during this market over a extended amount of your time. This market report cowl strategic identification of key players within the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. The readers can realize this report terribly useful in understanding the compression therapy market full.
The Global Compression Therapy Market accounted to USD 3.2 billion and growing at a CAGR of 5.5% during forecast period.
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Compression therapy is defined as wearing garments that are specially designed to support veins and increase blood circulation.
· This therapy is used to prevent venous disease or chronic venous disorders (CVD) such as swelling, heaviness, cramps, dermatitis, ulcer, and others.
· These devices are used in hospitals, clinics, research laboratories.
Some of the major players operating in global compression therapy market are
· Medi GmbH & Co.,
· Medtronic Plc,
· Julius Zorn GmbH,
· Hartmann AG,
· 3M Health Care,
· Spectrum Healthcare,
· Bio Compression Systems, Inc.,
· Gottfried Medical,
· BSN Medical GmbH and others.
The global compression therapy market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global compression therapy market for Global, Europe, North America, Asia Pacific and South America.
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By product type the market for global compression therapy market is segmented into
· Static compression therapy
· Dynamic compression therapy
The static compression therapy segment is further segmented into
· Compression garments
· Compression bandages
· Anti-embolism stockings
· Diabetic shoes
· Diabetic compression socks
The dynamic compression therapy segment is further segmented into
· Segmented compression pumps
· Non-segmented compression pumps
· Compression sleeves
By end-user the global compression therapy market is segmented into hospitals, clinics, ambulatory centers.
On the basis of geography, global compression therapy market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa.
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
North America is expected to dominate the market.
Major market drivers and restraints: Global Compression Therapy Market
• Rapidly aging population
• Increasing healthcare expenditure
• Easy incorporation and durability of products
• Increasing affordability and availability
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