Compression Therapy Market worth $4.9 billion by 2027 - Leading Key Players are DJO Global, Inc. (US), BSN medical (US), medi GmbH & Co. KG (Germany), Tactile Medical (US), SIGVARIS (Switzerland), Paul Hartmann AG (Germany)
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=146548022&utm_source=OPenpr&utm_medium=referral&utm_campaign=paidpr
Browse in-depth TOC on "Compression Therapy Market"
126 - Tables
43 - Figures
231 - Pages
The compression bandages segment is estimated to account for the largest share of the compression therapy market, by product, in 2021
Based on product, the compression therapy market is segmented into compression garments, compression braces, and compression pumps. The compression bandages segment is estimated to account for the largest share of this market in 2021 owing growing use of compression garments in a wide range of indications, such as varicose veins, edema, DVT, and lymphedema,
Varicose vein treatment is captured the highest market share of the compression therapy market, by technique, in 2021
Based on applications, the compression therapy market is segmented into varicose vein treatment, deep vein thrombosis treatment, lymphedema treatment, leg ulcer treatment, and other applications. The varicose vein treatment segment accounted for the largest share of the compression therapy market in 2021.
The large share of this segment can primarily be attributed to high preference among healthcare providers for compression therapy as the first line of treatment for varicose veins and the procedural advantages offered by compression therapy products in the effective treatment of varicose veins.
Home care setting segment is estimated to grow at the highest CAGR during the forecast period
Based on distribution channel, the compression therapy market is segmented into hospitals & clinics, pharmacies & retailers, e-commerce platforms, and home care settings. In 2022, the hospitals & clinics segment is expected to account for the largest share of compression therapy market. The home care settings is fast emerging as a distribution channel for various compression therapy products owing to the rising demand for products for preventive care and increasing number of people are opting for compression devices for home use.
North America is capture the largest market for compression therapy market in 2021
The global compression therapy market is segmented into North America, Europe, the Asia Pacific, and the Rest of the World. North America is expected to account for the largest share of the market in 2021.
Rapid growth in the geriatric population, rising number of orthopedic and spinal surgeries, and the presence of various compression therapy product manufacturers in the region. However, the Asia Pacific market is estimated to grow at the highest CAGR during the forecast period, primarily due to the rapid expansion of the target patient population in several Asia Pacific countries.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=146548022&utm_source=OPenpr&utm_medium=referral&utm_campaign=paidpr
Compression Therapy Market Dynamics:
Large target patient population
Growing incidence of sports injuries and accidents
Increasing number of orthopedic procedures
Greater product affordability and market availability
Clinical evidence favoring adoption of compression therapy for management of target conditions
Lack of universally accepted standards for compression products
Low patient compliance with compression garments
Growth potential offered by emerging markets
Growing patient awareness regarding benefits of compression therapy
Increased sales of off-the-shelf and online products
Significant adoption of alternative therapies for specific target indications
Increasing pricing pressure on market players
Key Market Players:
The major players operating in the global compression therapy market are DJO Global, Inc. (US), BSN medical (US), medi GmbH & Co. KG (Germany), Tactile Medical (US), SIGVARIS (Switzerland), Paul Hartmann AG (Germany), Sanyleg S.r.l. (Italy), 3M Company (US), ConvaTec Inc. (US), ArjoHuntleigh (Getinge Group, Sweden), and Julius Zorn GmbH (Germany).
In 2022, DJO acquired the EXCYABIR hip brace and the CryoKnee knee brace from Outcome-based Technologies to build its portfolio of bracing solutions, specifically in the fast-growing hip bracing category.
In 2021, Essity acquired with ABIGO Medical. The acquisition added to the company's wound care product portfolio.
In 2021, DJO acquired MedShape, Inc. (US). This acquisition will strengthen DJO's portfolio of fracture fixation, joint fusion, and soft tissue injury repair products, which utilize biomaterial technologies designed to improve patient outcomes.
Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=146548022&utm_source=OPenpr&utm_medium=referral&utm_campaign=paidpr
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/compression-therapy-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/compression-therapy.asp
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
This release was published on openPR.
Permanent link to this press release:
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 Compression Therapy Market worth $4.9 billion by 2027 - Leading Key Players are DJO Global, Inc. (US), BSN medical (US), medi GmbH & Co. KG (Germany), Tactile Medical (US), SIGVARIS (Switzerland), Paul Hartmann AG (Germany) here
News-ID: 2907657 • Views: 83
More Releases from MarketsandMakets
Microcarrier Market worth $2.9 billion | Thermo Fisher Scientific (US), Merck (G …
The report "Microcarrier Market by Equipment (SUB, SSB, Cell Counter, Filtration), Consumables (Media, Reagent), Microcarrier (Cationic, Collagen), Application (Vaccine, Cell & Gene Therapy), End User (Pharma, Biopharma, CROs, CMOs) - Global Forecast to 2026", is projected to reach USD 2.9 billion by 2026 from USD 1.7 billion in 2021, at a CAGR of 10.7% during the forecast period. Rising demand for cell-based vaccines, technological advancements, investments for cell and gene
Global Digital Pathology Market Value to Hit $1,371 Million | Leica Biosystems ( …
According to the new market research report "Digital Pathology Market by Product( ArtificiaI Intelligence, Scanner, Software, Storage), Type(Human, Veterinary), Application( Teleconsultation, Training, Disease Diagnosis, Drug Discovery), End User( Pharma, Academia, Hospitals ) - Global Forecast to 2026", the Global Digital Pathology Market is projected to reach USD 1,371 million by 2026 from USD 736 million in 2021, at a CAGR of 13.2% during the forecast period. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=844&utm_source=Openpr&utm_campaign=Paid&utm_content=Referral The growth
Wound Care Market worth $27.2 billion | 3M Company (US), Smith & Nephew PLC (UK) …
The report "Wound Care Market by Product (Dressings (Foam, Film, Hydrocolloid, Collagen), Devices (NPWT, Assessment, Debridement), Graft, Matrix, Suture, Stapler), Wound(DFUs, Trauma, Surgical, Burn), End User (Hospitals, Clinics) & Region - Global Forecast to 2027", is projected to reach USD 27.2 billion by 2027 from USD 20.8 billion in 2022, at a CAGR of 5.4%. Browse in-depth TOC on "Wound Care Market" 236 - Tables 51 - Figures 316 - Pages Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=371&utm_source=Openpr&utm_campaign=Paid&utm_content=Referral The
Genomics Market worth $54.4 billion | Illumina, Inc. (US), Thermo Fisher Scienti …
According to the new market research report "Genomics Market by Product & Service (System & Software, Consumables, Services), Technology (Sequencing, PCR), Application (Drug Discovery & Development, Diagnostic, Agriculture), End User (Hospital & Clinics, Research Centers) - Global Forecast to 2025", is projected to reach USD 54.4 billion by 2025 from USD 22.7 billion in 2020, at a CAGR of 19.0% during the forecast period. Browse and in-depth TOC on "Genomics Market" 114-
More Releases for Compression
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
Radial Artery Compression Devices Market
Soaring Adoption of Diagnostic and Interventional Coronary Procedures to Propel Market Growth Over the past decade, the healthcare sector across the world has taken giant strides in all regards, including drug development, research & development, production of new and improved medical devices, and integration of technology. However, as these advancements continue to improve the overall healthcare sphere, healthcare providers are increasingly burdened with high costs. The narrative within the radial artery
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
Compression Therapy Market: Ubiquitous and Easy to Use Compression Bandages Key …
The global compression therapy market houses several market players loosely dispersed across the globe, and no significant player is at the apex of the market. The weak barriers to the entry of new players has continually fragmented the market while the established players face threats from new players frequently entering the market. Several large-, medium-, and small-scale players coexist in the market and are expected to resort to a range
Static Compression Therapy Market | MarketResearchReports.biz
Latest industry research report on: Static Compression Therapy Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Future Market Insights offers a 10-year forecast of the static compression therapy market in India between 2015 and 2025. In terms of value, the market is expected to register a CAGR of 7.2% during the forecast period. This study demonstrates market dynamics and trends in India that are expected
United Kingdom Compression Therapy market segments - Static Compression Therapy …
"The Report United Kingdom Compression Therapy Market Outlook to 2024 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" United Kingdom Compression Therapy Market Outlook to 2024 Summary GlobalDatas new report, "United Kingdom Compression Therapy Market Outlook to 2024", provides key market data on the United Kingdom Compression Therapy market. The report provides value, in millions of US dollars, volume (in units) and average prices