Press release
Compression Therapy Market Consumption Sales By Type, Product Specifications, Market Research Methodology, Market Forecast To 2025
This report covers the Global Compression Therapy Market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.Compression therapy involves wearing socks, stockings or stretchable garments to contain and support the veins to increase blood circulation in the legs. Treating swelling and discomfort of the legs and improving circulation to restore normal leg function. Compression stockings prevent venous stasis and intravenous gait disturbances by reducing venous cavity and decreasing venous pressure.
Increased adoption of preventive and rehabilitative treatment for venous disease and condition management leads the market. In addition, market growth is expected to accelerate due to the spread of target diseases such as lymphatic edema, DVT, and varicose veins, and increased surgical procedures for sclerotherapy. However, lack of alternative therapies and awareness of the population's compression therapy hinders market growth.
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Comprehensive competitive analysis and profiles of major market players such as,
• 3M Company
• Medtronic PLC
• Bio Compression Systems Inc.
• BSN Medical
• Medi GmbH & Co. Kg
• Paul Hartmann AG
• Smith & Nephew PLC.
• Cardinal Health Inc.
• Sigvaris
• Sanyleg S.R.L.
The global compression therapy market is segmented based on technique, product, application, and geography. By technique, it is bifurcated into static compression therapy and dynamic compression therapy. By product, the market is categorized into compression garments, compression pumps, and compression braces. Compression garments are further separated into compression stockings, compression bandages & wraps, and other compression garments.
By application, it is divided into orthopedics, musculoskeletal & spine, neurology, cardiology & vascular, skin & integumentary, and others. By geography, it is analyzed across North America, Europe, Asia Pacific, and LAMEA. These regions are further analyzed across the globe at country level to determine the market size and forecast for each segment and sub-segment.
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Key Benefits
• The study provides an in-depth analysis of the market along with current trends and future estimations to elucidate the imminent investment pockets.
• Extensive analysis of the market is conducted by following key technique positioning and monitoring the top competitors within the market framework
• It offers a quantitative analysis from 2017 to 2023 to enable the stakeholders to capitalize on the prevailing market opportunities.
• Comprehensive analysis of all geographical regions is provided to determine the prevailing opportunities.
• Key players are profiled and their strategies are analyzed thoroughly to understand the competitive outlook of the global market.
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
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