Compression Therapy Market is expected to reach USD 3.37 Billion by 2022 | Key players are 3M Company, Medtronic PLC, Bio Compression Systems, Inc., Medi GmbH & Co. Kg, Paul Hartmann AG, Smith & Nephew PLC., Cardinal Health, Inc.

Compression Therapy Market Size and Growth Rate:
Compression Therapy Market was valued at USD 2.67 Billion in 2017 and projected to reach USD 3.37 Billion by 2022 growing at a CAGR of 4.3% during the forecast period 2018 to 2022.

Compression Therapy Market Overview:
The compression therapy market is anticipated to grow surprisingly over the forecast period. Compression therapy strengthens the vein support by increasing the blood flow in the lower limbs which is very simple and effective way of therapy. A fabric specially designed to apply pressure on the ankles and legs to stretch out the vein walls and improve overall circulation, there by healing the wound and reducing the swelling. It also reduces the discomfort arises due to the swelling and also improves the condition of venous diseases by improving the circulation of the blood. The major advantage with the compression therapy is that it does not restrict the regular work.

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Compression Therapy Market Growth Drivers and Restraints:
The increasing incidences of targeted diseases such as DVT, lymphedema and varicose veins are key driving factors for the market to grow eventually. The increased production sales of stockings and other bandages are additionally propelling the growth of the market. However, lack of proper knowledge in utilization of the stockings is hampering the growth of the market. Lack of standardization and low adoption of compression garments by the patients are challenging factors in the market. The rapid rise in the geriatric population and increasing incidences of obesity across the globe are certainly to surge the growth opportunities for the market. The easy availability of the compression garments in accordance with the patient-friendly is also setting up the chances for the growth of the market.

Geographic Insights of Compression Therapy Market:
North America is leading the market due to increased adoption of stockings by the patients and highly benefited with the therapy. Asia Pacific is expected to dominate this market with the rapid increase in the geriatric population. India and China are the prominent countries contributing the largest shares in this region. Europe and Middle East & Africa are esteemed to have an inclined growth rate in the near future.

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Compression Therapy Market Overview:
Compression therapy recovers the wound in very less time and the patient can experience less pain along with better sleep. It allows a patient to continue their daily activities with almost less pain. The increasing incidences of targeted diseases such as DVT, lymphedema and varicose veins are key driving factors for the market. The varicose vein treatment is the most widely used application in the compression therapy. North America is leading the market due to increased adoption by patients.

Key Market Players of Compression Therapy Market:
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., Tactile Medical, Convatec Inc., DJO Global Inc., Arjohuntleigh (Subsidiary of Getinge Group), Julius Zorn GmbH.

Compression Therapy Market Key Segmentation:
By Technique:
• Static Compression Therapy
• Dynamic Compression Therapy

By Product:
• Compression Garments
o Compression Stockings
o Compression Bandages & Wraps
o Other Compression Garments
• Compression Pumps
• Compression Braces

By Application:
• Varicose Vein Treatment
• Deep Vein Thrombosis Treatment
• Lymphedema Treatment
• Leg Ulcer Treatment
• Other Applications

By Region:
• North America
• South America
• Europe
• Asia Pacific
• Middle East and Africa

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