Compression Therapy Market Size in 2023 To 2029 | DJO, Inc. (US), BSN Medical (US), medi GmbH & Co. KG (Germany), Tactile Medical (US), SIGVARIS (Switzerland), Paul Hartmann AG (Germany), SanylegS.r.l. (Italy)

The report offers detailed insights into the drivers, growth prospects, and factors directly influencing the market. The market study provides an in-depth analysis of the international Compression Therapy Market, focusing on key factors such as drivers, sales inquiries, market boundaries, and market share. The report also emphasizes the assessment of market size in four key regions: North America, Europe, Asia-Pacific, and Rest of the World. This research study aims to provide readers with a comprehensive evaluation of current industry trends and breakdowns.

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The major players operating in the compression therapy market are DJO, Inc. (US), BSN Medical (US), medi GmbH & Co. KG (Germany), Tactile Medical (US), SIGVARIS (Switzerland), Paul Hartmann AG (Germany), SanylegS.r.l. (Italy), 3M (US), ConvaTec Inc. (US), ArjoHuntleigh (Sweden), Julius Zorn GmbH (Germany), Bio Compression Systems, Inc. (US), Cardinal Health, Inc. (US), Smith & Nephew Plc (UK) and Mego Afek Ltd. (Israel).

The report encompasses global Compression Therapy market research data from various companies, including benefits, gross margins, strategic decisions in the global market, and more, presented through tables, charts, and infographics. Other critical aspects explored in this report include demand and supply dynamics, import and export scenarios, R&D development activities, industry advancements, and cost structures. Additionally, the report estimates consumption demand and supply figures, production costs, and product selling prices.

This report serves as a valuable resource for new entrants and stakeholders seeking to understand the complete market dynamics of the Compression Therapy industry. It examines the competitive landscape and future market outlook, considering various factors such as Porter's Five Forces analysis and the influence of related markets. The report also delves into the portfolios of key market players operating in the sector, offering a comprehensive analysis of the products and services they provide.

Furthermore, the report aids readers in assessing the impact of government regulations during the Covid-19 pandemic and provides insights into market performance throughout the global pandemic. The Global Compression Therapy Market report also sheds light on the major players in the industry, offering information about their product portfolios, business strategies, company profiles, and revenue shares. Finally, the study defines the strategies adopted by industry leaders, such as partnerships, development initiatives, collaborations, joint projects, and other endeavors aimed at enhancing their status in the sector.

"The global compression therapy market is expected to reach USD 4.9 billion by 2027 from an estimated USD 3.7 billion in 2022, at a CAGR of 5.5% during the forecast period".

The compression therapy market size is expected to grow from an estimated USD 3.7 billion in 2022 to USD 4.9 billion by 2027, at a CAGR of 5.5%. Rising global prevalence of diabetes, venus leg ulcer, deep vein thrombosis and rapid growth in the older population with orthopedic disorders are likely to boost the adoption of compression therapy products. Growing cases of sports injuries, favorable clinical evidence for the use of compression therapy products in the management of several diseases and new developments in compression therapy by global giants are further anticipated to support the growth of the market.

"Compression pumps segment is expected to witness the highest growth rate during the forecast period"

On the basis of product, the compression therapy market is segmented into compression bandages, compression wraps, compression stockings, compression tapes, compression pumps, compression braces, and other compression garments.Compression pumps segment is anticipated to register the highest CAGR during the forecast period. Factors such as the increasing incidence of cancer, the rising prevalence of chronic venous diseases, and the growing number of hip and knee surgeries are expected to drive the growth of the compression pumps market during the forecast period.

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Reasons to Buy the Report

The report will enable established firms as well as entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them to garner a larger market share. Firms purchasing the report could use one or a combination of the below-mentioned strategies for strengthening their market presence.

Research Coverage

This report studies the compression therapy market based on product, technique, application, distribution channel, and region. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micromarkets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to five major regions (and the respective countries in these regions).

This release was published on openPR.