Massive Growth in the Compression Therapy Market by Rising Vein Disorders

DataM Intelligence
14 JUN 2019
Dallas, USA
The market report titled ‘Global Compression Therapy Market - Size, Share and Forecast (2019 - 2026)’ produced by DataM Intelligence analyses the industry dynamics in this competitive space to provide a comprehensive analysis of the market opportunities.

Compression Therapy Market Drivers and Restraints
Increasing in injuries and trauma cases across the globe are expected to drive the global compression therapy market. These products are increasingly used to prevent inflammations and swelling following the injury or trauma.
According to a study conducted by researchers at the Cochrane library in 2018, estimated that the prevalence of open leg ulcers in the UK is about 3 cases per 10,000 people and many people experience prolonged ulceration.
The first in line treat for open leg ulcers is compression therapy, according to the condition tropical treatment are also being used.
Major factors hindering the global compression therapy market are a lack of awareness regarding the therapy in developing countries.

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Compression Therapy Market Segmentation
Product type includes Compression garments, Compression wraps, Compression pumps compression garments include Stockings, Bandages, Gloves, Sleeves, others.
Application type includes Venous edema, Lymphatic disorders, Leg ulcers, lymphedema treatment, and other applications.
End users include hospitals, clinics, ambulatory surgical centers, and others.
Compression bandages dominate the global compression therapy market during the forecast period due to rise in adoption of this products in the treatment of edema and venous and lymphatic disorders and benefits such as high-cost efficiency, extensibility and elasticity provided by the bandages and it is expected to remain high during the forecast period.

Global Compression Therapy Market Regional Share
The global compression therapy market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
North America dominates the global compression therapy market due to increase in geriatric population in the united states as they are prone to frequent orthopedics related issues, increase in sports-related injuries and rise in prevalence of chronic disorders across the nation are additionally contributing to the growth of the market.
According to the U.S Census Bureau estimated that by 2030 one in every five Americans will be 65 years and older.

Compression Therapy Market Company Trends
New product launches and strategic collaborations by the key players for new product development are driving the global compression therapy market during the forecast period.
Major market players in the compression therapy market are BSN medical, DJO Global Inc, Medi GMBH & Co KG, Tactile Medical, Paul Hartmann AG, Sigvaris Group, 3M Company, ArjoHuntleigh, ConvaTec Inc, Julius Zorn GmbH, Other companies.

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Table of content overview -
1. Compression Therapy Market Scope and Methodology
2. Compression Therapy Industry Trends
3. Compression Therapy Market Outlook
4. Compression Therapy Market – Segmentation Analysis
4.1. By Technique
4.2. By Product Type
4.3. By Application
4.4. By End Users
5. Compression Therapy Market – Regional, Country-level Analysis
5.1. Geographic Overview
5.2. North America
5.3. Europe
5.4. South America
5.5. Asia Pacific
5.6. Rest of World
6. Compression Therapy Market – Competitive Analysis
7. Compression Therapy Market – Company Profiles
8. Compression Therapy Market – Key companies to watch
9. Compression Therapy Market – Emerging Companies
10. Compression Therapy Market – Appendix

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About DataM Intelligence
DataM Intelligence 4Market Research is a Market Intelligence and Business Research firm, based in India. It aims to bridge the two main aspects of a business decision - opinion and supportive data.

Market Research for long has been losing its credibility owing to low reliability and high proportions of estimations. Having identified this gap, DataM was established to provide businesses with reliable and near-market intelligence. Reporting the actual market scenario has been made possible by our proprietary methodology, that essentially revolves around gathering inputs from industry participants and integrating the trends into statistical Databank. This approach not only aligns the findings with historical data but also allows a highly justifiable forecast model.

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