Press release
Compression Therapy Market 2021-2030 | Industry Trends, Revenue Growth, Demand Analysis, Revenue Estimation, Business Overview, And Future Prospects
The Business Research Company offers "Compression Therapy Global Market Report 2021 - By Product (Compression Pumps, Compression Stockings, Compression Bandages, Compression Tapes), By Technique (Static Compression Therapy, Dynamic Compression Therapy), By Application (Varicose Vein Treatment, Deep Vein Thrombosis Treatment, Lymphedema Treatment, Leg Ulcer Treatment), COVID-19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The compression therapy market report describes and explains the global compression therapy market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The compression therapy market consists of sales of compression therapy products and related services by entities (organizations, sole traders, and partnerships) that are engaged in the manufacturing of compression therapy products. Compression therapy is the application of elastic or inelastic wraps or garments that exert sustained external pressure over the lower extremities to relieve venous congestion thereby reducing edema and promoting the return of venous blood to the heart.
The global compression therapy market is expected to grow from $3.23 billion in 2020 to $3.44 billion in 2021 at a compound annual growth rate (CAGR) of 6.3%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The compression therapy market is expected to reach $4.28 billion in 2025 at a CAGR of 5.6%.
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Some of the major players of the compression therapy market are 3M Health Care, ArjoHuntleigh, BSN Medical, Medi GmbH & Co KG, PAUL HARTMANN AG, SIGVARIS MANAGEMENT AG, Tactile Medical, DJO Global Inc., ConvaTec Inc., ArjoHuntleigh, Julius Zorn GmbH, Bio Compression Systems Inc, Medtronic Plc, Smith & Nephew PLC, Covidien plc, Sanyleg S.r.l., Cardinal Health Inc., and Thuasne SA.
The countries covered in the global compression therapy market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global compression therapy market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global compression therapy market is segmented -
1) By Product: Compression Pumps, Compression Stockings, Compression Bandages, Compression Tapes
2) By Technique: Static Compression Therapy, Dynamic Compression Therapy
3) By Application: Varicose Vein Treatment, Deep Vein Thrombosis Treatment, Lymphedema Treatment, Leg Ulcer Treatment, Others
Read More On The Global Compression Therapy Market Report:
https://www.thebusinessresearchcompany.com/report/compression-therapy-global-market-report
Few Points From Table Of Content
1. Executive Summary
2. Compression Therapy Market Characteristics
3. Compression Therapy Market Trends And Strategies
4. Impact Of COVID-19 On Compression Therapy
5. Compression Therapy Market Size And Growth
…
26. Africa Compression Therapy Market
27. Compression Therapy Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Compression Therapy Market
29. Compression Therapy Market Future Outlook and Potential Analysis
30. Appendix
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