Compression Therapy Devices Market Growth, Trends, Analysis and Forecast 2022-2030 | CAGR 5.2%

The Global Compression Therapy Market Will Witness A Robust CAGR Of 5.2%, Valued At $2.98 Billion In 2021, and Expected To Appreciate And Reach $4.71 Billion By 2030.

Compression Therapy Devices Market Overview:

Global Compression Therapy Devices Market 2022-2030, report discovers comprehensive insights on key manufacturers with share information, market size and projection, key dynamics, growth factors, and new company profiles. The report provides detailed information about the market overview, prevalent trends, demand, and recent developments impacting the market growth in the coming years. Compression Therapy Devices Market opportunities analysis, strategic growth analysis, product launches, marketplace expanding, and technological innovations are also highlighted. The report uncovers Compression Therapy Devices market size, potential growth, trends and expansion strategies followed by top prominent players.

Get a Sample PDF Copy of Latest Research on Compression Therapy Devices Market 2022 before purchase:
https://www.contrivedatuminsights.com/request-sample/8532

The application of external pressure to a limb or other part of the body to treat chronic conditions affecting the veins is often referred to as compression therapy. Compression therapy is an internal part of orthopedic treatment to reduce inflammation, prevent edema, relieve pain and restore bodily functions early. Compression therapy devices represent a multi-billion dollar market worldwide. Technology and design innovations in compression therapy devices for superior patient comfort will significantly drive the growth of the compression therapy devices market in the near future.

North America accounted for the largest market share and was valued at US$ 1,323.3 Mn in 2016 and could grow at a CAGR of 5.5% during the forecast period.

Some of the key players profiled in the study are

Mölnlycke Health Care AB, 3M, Arjo (Huntleigh Healthcare Limited), Brownmed, Inc., Essity Aktiebolag (publ) (BSN Medical Inc.,), Cardinal Health., Daesung Maref Co., Ltd, AIROS Medical, Inc. (Devon Medical Products), Enovis (DJO Global, Inc), FlowAid Medical Technologies, Avanos Medical, Inc., (Game Ready), Julius Zorn, Inc., Lohmann & Rauscher GmbH & Co. KG, Medi GmbH & Co. KG, TONUS ELAST SIASwoop Aero Pt. Ltd., Medline Industries, Inc., Paul Hartmann AG, SIGVARIS GROUP, Smith & Nephew, Stryker, Tactile Medical, Thuasne SAS, Zimmer Biomet (Medical Compression Systems (DBN) Ltd.), and Others.

Compression Therapy Devices Market Segmentation:

By Type:
• Static Compression Therapy
• Dynamic Compression Therapy
• Other

By Product Type:
• Compression Pumps
• Compression Stockings
• Compression Bandages
• Compression Tapes
• Other

By Applications:
• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Others

Latest Industry Developments:
• On November 9, 2018, Brownmed announced the release of the Spark Kinetic Sleeves, which combine compression and kinematics to improve circulation, performance, and support in a variety of daily activities.
• In May 2020, the Arm Plus apparel was launched by AIROS Medical, Inc. and has FDA 510(k) clearance. Arm, shoulder, chest, and back lymphedema are treated with this garment.

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic, and forecasts (2022-2030) of the following regions are covered:
• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The United States dominates North America with a total market share of approximately 93.2% in 2022, which is expected to continue throughout the forecast period.
Due to high investment, increased product launches and collaborations, and the high prevalence of diseases such as lymphedema and venous disorders in the United States, it is poised to dominate the North American market due to significant advances in research and development. market.

Germany is expected to grow at a CAGR of 5.3% in the European market over the forecast period.
The market is expected to benefit from increasing consumer health awareness, increasing a number of market participants investing in and producing innovative compression therapy products, and favorable healthcare reimbursement scenarios. One of the major factors driving the growth of the compression therapy market in Germany is the presence of a large target patient population across the region. Adoption rates are also increasing with greater knowledge and easier access to the benefits of compression therapy.

The UK holds a 21.2% market share in overall Europe and is expected to grow at a CAGR of 5.3% during the forecast period.

Growing awareness among healthcare professionals about the use of compression therapy devices is driving the demand and growth for compression therapy. An increase in sporting activities is one of the major drivers for UK market growth. The increasing number of sports-related injuries and accidents has increased the popularity of compression therapy devices in the UK. This protective garment reduces the severity of injuries and keeps athletes and recreational gym users from being re-injured.

India is expected to grow at a CAGR of 3.8% in the South Asian market over the forecast period.
The growing diabetic population in India is expected to boost the demand for compression therapy products including stockings. Diabetes is projected to affect 5.4% of the global population by 2025, creating significant opportunities for the compression therapy devices market. The adoption of compression therapy devices in India is increasing as healthcare spending in India is growing rapidly.

To Get Complete Access Of The Report Click Here:
https://www.contrivedatuminsights.com/buy/8532

Table of Content of Compression Therapy Devices Market:
1. Executive Summary
2. Research Methodology
3. Market Outlook
4. Covid-19 Impact On Compression Therapy Devices Market
5. Compression Therapy Devices Market Overview, By Segmentation, 2017 - 2030 (USD Million)
6. Compression Therapy Devices Market Overview, By Geography, 2017 - 2030 (USD Million)
7. North America Compression Therapy Devices Market Overview, By Countries, 2017 - 2030 (USD Million)
8. Europe Compression Therapy Devices Market Overview, By Countries, 2017 - 2030 (USD Million)
9. Asia Pacific Compression Therapy Devices Market Overview, By Countries, 2017 - 2030 (USD Million)
10. Middle East & Africa Compression Therapy Devices Market Overview, By Countries, 2017 - 2030 (USD Million)
11. South America Compression Therapy Devices Market Overview, By Countries, 2017 - 2030 (USD Million)
12. Competitive Landscape
13. Key Vendor Analysis
14. Compression Therapy Devices Market Cost Analysis
15. Industrial Chain, Sourcing Strategy and Downstream Buyers
16. Marketing Strategy Analysis, Distributors/Traders
17. Market Effect Factors Analysis
18. Future Outlook of the Market

Read Detailed Index of full Research Study at@
https://www.contrivedatuminsights.com/product-report/compression-therapy-devices-market-insights-2020-global-and-chinese-analysis-and-forecast-to-2027-8532

Why You Should Buy This Report on the Global Compression Therapy Devices Market:
1. The forecast for the established and growing markets for global Compression Therapy Devices
2. Use Porter's Five Forces analysis to analyze various market perspectives.
3. The market segment that is anticipated to dominate the Compression Therapy Devices industry worldwide.
4. Geographical areas that are anticipated to experience the quickest growth over the projection period.
5. Identify the most recent innovations, market shares for global Compression Therapy Devices and marketing techniques used by the leading industry competitors.

Contact Us:
Anna B. | Head Of Sales
Contrive Datum Insights
Phone: +91 9834816757 | +1 2152974078
Email: sales@contrivedatuminsights.com

About Us:
Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials at various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives, and IT professionals to undertake statistics-based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100 analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country-level expertise.

This release was published on openPR.