openPR Logo
Press release

Artificial Intelligence In Conjunction With Automation To Drive The Compression Therapy Devices Market

08-12-2022 06:24 AM CET | Health & Medicine

Press release from: Persistence Market Research

Artificial Intelligence In Conjunction With Automation

The Compression Therapy Devices Market is ascertained to make greater strides in the future. The present-day and futuristic cutting-edge technology, namely IoT, AI, and Big Data operate better in a lightning-fast and reliable internet connection. The benefits of high-speed internet would be seen in telecare in the next 2-3 years, but going forward, more authentic data streams are likely to come up with better-connected devices, thereby revolutionizing the healthcare system.

A recently added report by Persistence Market Research (PMR), titled, "Global Market Study on Compression Therapy: Compression Bandage Expected to be the Most Lucrative Product Type Segment during 2017-2025," throws light on important aspects of the market. It discusses in-depth the different growth drivers and restraints molding the growth path of the market, its size, and prospects going forward. It unravels the competitive dynamics in the market by leveraging popular analytical tools.

Strategizing The Moves For The Next Decade? See Through Sample Of Compression Therapy Devices Market Report! https://www.persistencemarketresearch.com/samples/18661

The report finds that the compression therapy market will likely expand at a steady 5.4% CAGR during the period between 2017 and 2025 to increase its value from US$1.323 mn in 2016 in the next couple of years.

Company Profiles
• Smith & Nephew
• 3M
• Medtronic, Inc.
• ArjoHuntleigh (Getinge AB)
• Bio Compression Systems, Inc.
• BSN Medical
• medi GmBH & Co KG
• SIGVARIS
• PAUL HARTMANN AG
• Therafirm
• 2XU Pty. Ltd.
• Santemol Group Medikal

Starting With The New Decade On A Diligent Note In The Compression Therapy Devices Market? https://www.persistencemarketresearch.com/methodology/18661

Compression therapy is recommended by physicians to treat chronic venous insufficiency, lymphedema, and deep vein thrombosis. Its unique perceived benefits are its ease of use, effectiveness, quick healing, and safety. Such advantages are leading to its swift uptake. Besides, other factors having a positive impact on the demand in the market is the growing instances of sports injuries, increase in orthopedic surgeries, and the growing knowledge about compression therapy.

Another positive trend noticed in the market for compression therapy is the partnerships in research and rapid adoption of compression therapy by health management associations. Increasing instances of lymphedema and deep vein thrombosis cases are also boosting the market.

One factor posing a roadblock to the market for compression therapy, on the downside, is the dearth of supportive reimbursement policies. In addition, frequent product recalls and errors in therapy is also dampening sales in the market.

The various types of products purveyed in the global market for compression therapy are compression bandage, compression stocking, compression pump, and compression tape. At present, compression bandage accounts for a dominant share in the market, and will likely retain its position in the upcoming years too. In 2016, the segment's leading share came to a substantial 44.5%.

How About Obtaining Insights About The Region To Enter Concerning The Compression Therapy Devices Market? Press The "Purchase Now" Button To Have Our Compression Therapy Devices Market Report! https://www.persistencemarketresearch.com/checkout/18661

Depending upon the technology, the market can be broadly segmented into static and dynamic. Of the two, the static segment leads the market with majority of share - in 2016, for example, its share stood at a mammoth 83.2%. In the near future too, the segment is expected to hold on to its dominant share.

The static compression therapy finds application in treatment of chronic venous insufficiency, edema, and continuous arterial circulation. Tapes, bandages, stocking, and hosieries mainly comprise of static compression therapy products.

Some of the prominent end use segments in the global market for compression therapy are hospitals, ambulatory surgical centers, clinics, online portals, and other healthcare facilities. Of them, the segment of hospitals accounts for a leading share in the market and in the upcoming years too will continue to maintain its position. In 2016, its leading share was 34.7%.

Geographically, the key segments of the global market for compression therapy are North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among them, the market in North America accounts for maximum market share and is projected to clock a 5.5% CAGR in the forecast period. In terms of growth rate, however, Asia Pacific is expected to outshine all other regions by expanding at a 5.6% CAGR from 2017 to 2025.

Contact Us:
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com

About us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Artificial Intelligence In Conjunction With Automation To Drive The Compression Therapy Devices Market here

News-ID: 2703889 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for Compression

Compressa Compression Socks Review 2023;(Must Read!) Compressa Compression Socks …
Compressa Compression Socks aren't just for seniors with vein issues anymore. Athletes are wearing Compressa Compression Socks to improve their performance and recovery. Pregnant women are finding relief from leg and ankle swelling, and people who stand all day are using them to The fit, feel, support, and value were all perfect. Compressa Compression Socks are also super supportive; the difference in how our legs felt between wearing them and not wearing
COMPRESSA COMPRESSION SOCKS REVIEWS 2023: IS COMPRESSA COMPRESSION SOCKS LEGIT O …
Compression socks, often recognized by their distinctive snug appearance on the legs and ankles, serve a crucial role in the realm of healthcare and well-being. These specialized garments are designed to apply gentle pressure to the lower extremities, and they play a pivotal role in enhancing blood flow. While you might have encountered them on long-haul flights or observed athletes sporting them during intense workouts, the science behind compressa compression
Compression Bandages Market - Empowering Wellness, Promoting Healing: Compressio …
Newark, New Castle, USA - new report, titled Compression Bandages Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Compression Bandages market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Compression Bandages market. The report offers an overview of the market, which
Pneumatic Compression Therapy Market - Unleashing the Power of Compression: Elev …
Newark, New Castle, USA - new report, titled Pneumatic Compression Therapy Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the Pneumatic Compression Therapy market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global Pneumatic Compression Therapy market. The report offers an overview of
Compression Stockings Market: Bio Compression System, 2XU Pty Ltd, Ann Chery, Co …
📝Global Compression Stockings Market 2022-2028, By Product Type (Thigh High, Waist Attachment, Knee High, Pantyhose, and Others), By Compression Level (Mild, Moderate, and High), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy), By Application (Men, Women, and Children), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Industry Insight, Trends, Outlook and Opportunity Analysis, 2022-2028. According to our recent study, the
PentagonFit Knee Compression Sleeves Review: Read This Before Buying This Knee C …
What are PentagonFit Knee Sleeves? PentagonFit Knee Sleeves is a knee compression sleeve that can also serve as a support for injury prevention. It is designed to strengthen the knee and to help relieve pain in the knee. (Any/all of the links on this post are affiliate links of which the author receives a small commission from sales of this product/service, but the price is the same to you.) Click on the