Compression Therapy Market - Analysis and Forecast to 2022 “Global Major Manufacturers Production and Sales Market Comparison”

Compression therapy market report covers the market across four major geographies, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW). Of the four geographic regions studied in the report, North America is estimated to command the largest share of the market in 2017.

Compression therapy market report studies compression therapy market based on product, technique, and application. Report also studies factors (such as drivers, restraints, opportunities, & challenges) affecting market growth. It analyzes opportunities and challenges in market for stakeholders & provides details of the competitive landscape for the market leaders.

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The global compression therapy market projected to reach USD 3.40 billion by 2022 from USD 2.70 billion in 2017, at a CAGR of 4.7%. Factors driving growth of compression therapy market include growing target patient population, significant sports injuries & accidents across globe, & technological advancements in orthopedic industry. Lack of universally accepted standards for compression products & lower patient compliance for compression garments are key factors restraining growth of compression therapy market globally.

Geographically, compression therapy market is segmented into North America, Europe, Asia-Pacific, &Rest of the World. Asia-Pacific expected to register highest growth rate during forecast period, owing to the rising per capita healthcare expenditure across emerging Asian countries, rapid expansion in target patient population, & growing awareness about different target disorders among healthcare professionals through conferences.

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Compression therapy market research study involves extensive usage of secondary sources, directories, and databases (such as Hoover’s, Bloomberg Business, Factiva, and Avention), in order to identify and collect information useful for this technical, market-oriented, and financial study of compression therapy market. In-depth interviews were conducted with various primary respondents, including subject-matter experts (SMEs), C-level executives of key market players, and industry consultants to obtain and verify qualitative and quantitative information and to assess market prospects.

The global compression therapy market was dominated by BSN medical (Germany), DJO Global Inc. (U.S.), medi GmbH & Co KG (Germany), Tactile Medical (U.S.), PAUL HARTMANN AG (Germany), and SIGVARIS (Switzerland). Product launches, agreements, and collaborations were the major strategies adopted by market players to achieve growth in the market.

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Compression therapy market report will enrich both established firms and new entrants/smaller firms to gauge pulse of market, which in turn help firms garner greater market shares. Firms purchasing report could use anyone or a combination of below-mentioned five strategies for strengthening their market shares.

Geographically,
The large share of the North American market can be mainly attributed to the presence of a number of compression therapy product manufacturers and growing prevalence of target conditions.

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