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Home Sequential Compression Devices Market 2021 is Growing to reach US$ 1,572.81 million by 2028

10-06-2021 05:36 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: ReportsWeb

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% during 2021–2028.

Factors 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. Sequential compression devices (SCDs) are used as a part of venous thromboembolism (VTE). As per the Center for Disease Control and Prevention (CDC), blood clotting in a deep vein results in the VTE, which is primarily a condition of blood vessels. These clots generally develop in lower leg, thigh, or pelvis, and injury to veins, slow blood flow, increased estrogen levels, heart diseases, and obesity are among the main causes of the clot formation.

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Home Sequential Compression Devices Market Executive Summary

Home Sequential Compression Devices Market Profile of Manufacturers
Key Players are evaluated on the basis of SWOT, its goods, production, value, financials and other important factors. leading players

Cardinal Health Inc Biocompression Systems DJO Global, Inc. DS MAREF CO.LTD Precision Medical Products AIROS Medical Breg Inc. Mego Afek ltd. Arjo Medical Devices Tactile Medical
As per a study published by StatPearls Publishing LLC in August 2020, more than 200,000 people in the US are reported to develop venous thrombosis annually. Moreover, as per the Thrombosis UK, 1 in 1000 people suffer from venous thrombosis every year. Venous disorders are caused due to factors such as pregnancy, obesity, varicose vein, and venous insufficiency. Venous insufficiency is observed in pregnancy mainly due to an enlarged gravid uterus, resulting in hypertension in the lower extremity veins and increased hormone secretion, weakening the vein walls. Thus, the rising prevalence of lymphatic and venous disorders is boosting the demand for home sequential compression device, thereby driving the market growth.

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Home Sequential Compression Devices Market Study Objective and Coverage:

It incorporates major companies, arising players, major business segments of Home Sequential Compression Devices Market , number of years considered-forecast, and research objectives. Additionally, segmentation presents based on the type of product, application, and technology.

Key Strategic Developments in Home Sequential Compression Devices Market :

The research study involves the key vital activities such as Mergers Acquisitions, Research and development plans, new developments or product launches, collaborations, partnerships, and geographical growth of the key contestants operating in the market at a global and regional scale.

Key Market Features in Home Sequential Compression Devices Market :

The report highlights Home Sequential Compression Devices Market features, including market share, CAGR, and gross margin, gross margins, consumption, import & export, revenue, weighted average regional price, capacity utilization rate, production rate, supply & demand, cost benchmarking.

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