Press release
Global Compression Therapy Market Report 2022: Latest Trends, Growth And Business Opportunities, Outlook And Top Key Players Are 3M Health Care, ArjoHuntleigh, BSN Medical, Medi GmbH & Co KG, PAUL HARTMANN AG
Compression Therapy Market
The regions covered in the Compression Therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest Compression Therapy market share.
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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.
Key competitors in the Compression Therapy market include 3M Health Care, ArjoHuntleigh, BSN Medical, Medi GmbH & Co KG, PAUL HARTMANN AG, SIGVARIS MANAGEMENT AG, Tactile Medical, DJO Global Inc., ConvaTec Inc. and ArjoHuntleigh.
The global compression therapy market size is expected to grow from $3.44 billion in 2021 to $3.65 billion in 2022 at a compound annual growth rate (CAGR) of 6.3%. The growth in the market 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 $4.64 billion in 2026 at a CAGR of 6.2%.
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TBRC's report segments the global Compression Therapy market:
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 further on the Compression Therapy market here:
https://www.thebusinessresearchcompany.com/report/compression-therapy-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Compression Therapy Market Characteristics
3. Compression Therapy Market Trends And Strategies
4. Impact Of COVID-19 On Compression Therapy Market
5. Compression Therapy Market Size And Growth
.....
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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