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Home Sequential Compression Devices Market by Worldwide Market Trends & Opportunities and Forecast to 2028 | Biocompression Systems, DS MAREF CO, AIROS Medical, Mego Afek
Home Sequential Compression Devices Market
The home sequential compression devices market was valued at US$ 992.49 million in 2021 and is projected to reach US$ 1,572.81 million by 2028; it is expected to grow at a CAGR of 6.8% from 2021 to 2028.
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Cardinal Health Inc; Biocompression Systems; DJO Global, Inc.; DSMAREF CO.LTD; Precision Medical Products; AIROS Medical; Breg Inc.; Mego Afek ltd.; Arjo Medical Devices; and Tactile Medical, Inc are among the leading companies operating in the home sequential compression devices market.
Based on by device type, the home sequential compression devices market is segmented into alternate sequential compression device (ASCD), simultaneous sequential compression device (SSCD). The simultaneous sequential compression device (SSCD) segment held the largest share of the market in 2021, and same segment is anticipated to register the highest CAGR in the market during the forecast period. Factors such as a factor such as rise prevalence of lymphatic and venous disorders and increasing awareness about the advance treatment involve use of sequential compression and other devices are driving the market growth. However, availability of alternate therapies hampers the growth of the market.
Due to growing demand for COVID related medical devices many companies have been prioritizing sales in their respective segments. For instance, in response to the coronavirus pandemic leading market players in compression therapy devices have been collaborating with suppliers to understand and manage the impact of the pandemic on product supply. For instance, Cardinal health has been partnering with trade groups including Health Industry Distributors Association (HIDA), Healthcare Distribution Alliance (HDA), National Community Pharmacists Association (NCPA), National Association of Chain Drug Stores (NACDS), Healthcare Ready, and AdvaMed to respond to industry wide challenges. Such a strategic initiatives will boost the home care devices market. Moreover, remote patient monitoring (RPM) in COVID-19 crisis offers tools for disease monitoring and patient-provider communications that reduce infection risks for patients, communities, and providers. These are especially safe and useful method of care as healthcare system works to combat COVID-19. Thus, owing to the above–mentioned factors, the pandemic has shown a positive impact on the home medical devices market, which will support the home sequential compression devices market.
The Report Segments the Home Sequential Compression Devices Market as Follows:
By Device Type
Simultaneous Sequential Compression Device (SSCD))
Alternate Sequential Compression Device (ASCD)
By Type
Standard
Portable
By Application
Deep Vein Thrombosis (DVT)
Lymphedema Management
Chronic Venous Insufficiency (CVI)
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