Intermittent Pneumatic Compression (IPC) Devices Market Size, Share, Growth Analysis, Business Insights And Forecast To 2033

"The new report published by The Business Research Company, titled ""Intermittent Pneumatic Compression (IPC) Devices Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the intermittent pneumatic compression (ipc) devices market size has grown rapidly in recent years. It will grow from $1.31 billion in 2023 to $1.44 billion in 2024 at a compound annual growth rate (CAGR) of 10.0%. The intermittent pneumatic compression (ipc) devices market size is expected to see strong growth in the next few years. It will grow to $2.01 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%.

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Rising Incidence Of Spinal Cord Injuries Fuels Expansion Of The Intermittent Pneumatic Compression (IPC) Devices Market
The growing number of patients with spinal cord injuries is expected to propel the growth of the intermittent pneumatic compression (IPC) devices market going forward. A spinal cord injury is a damage to the spinal cord that results in loss of function, typically causing varying degrees of paralysis and sensory impairment below the level of the injury. Intermittent pneumatic compression (IPC) devices are employed in spinal cord injury management to prevent deep vein thrombosis (DVT) by promoting blood circulation through sequential compression of the lower limbs. For instance, in 2023, according to the National Spinal Cord Injury Statistical Center, a US-based government organization, roughly 18,000 new cases of spinal cord injuries are reported annually in the United States. The annual incidence rate of spinal cord injuries is approximately 54 cases per 1 million people. Therefore, the growing number of patients with spinal cord injuries is driving the growth of the intermittent pneumatic compression (IPC) devices market.

Increasing Focus On Developing Wearable Devices To Gain A Competitive Advantage
Major companies operating in the intermittent pneumatic compression (IPC) devices market are increasing their focus on developing innovative devices, such as wearable devices, to gain a competitive edge in the market. Wearable intermittent pneumatic compression devices improve circulation and prevent deep vein thrombosis (DVT) in individuals, especially during prolonged periods of immobility. For instance, in March 2022, Fist Assist Devices LLC, a US-based medical device company, launched Fist Assist Model FA-1, a wearable, patent-protected, intermittent pneumatic compression device worn on the arm to promote vein dilation. It is the world's first wearable device for presurgical vein dilation that promotes arteriovenous fistula (AVF). The device is automated, which means that it can be used without the need for manual adjustments. It makes it easy to use and reduces the risk of user error. It promotes vein dilation by applying pressure to the arm cyclically, which helps improve blood flow and vein dilation.

The intermittent pneumatic compression (ipc) devices market covered in this report is segmented -

1) By Type: Deep Vein Thrombosis (DVT), Pulmonary Embolism (PE)
2) By Distribution Channel: Clinics, Pharmacies, Online Channels, Other Offline Channels
3) By Application: Home Use, Hospital

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Major companies operating in the intermittent pneumatic compression (ipc) devices market report are Cardinal Health Inc., 3M Company, Medtronic PLC, Stryker Corporation, Tyco International PLC, Medline Industries LP, B. Braun Melsungen AG, Zimmer Biomet Holdings Inc., Smith & Nephew PLC, Getinge AB, Enovis Corporation, Arjo AB, Tactile Systems Technology Inc., ThermoTek Inc., Encompass Group LLC, Hyperice Inc., Breg Inc., Currie Medical Specialties Inc., ManaMed Inc., Bio Compression Systems Inc., Direct Healthcare Group Ltd., Devon Medical Inc., Mego Afek A.C. Ltd., BSN medical GmbH, Compression Therapy UK Limited, Air Relax Inc., Innova Medical Group Inc.

Contents of the report:
1. Executive Summary
2. Intermittent Pneumatic Compression (IPC) Devices Market Report Structure
3. Intermittent Pneumatic Compression (IPC) Devices Market Trends And Strategies
4. Intermittent Pneumatic Compression (IPC) Devices Market - Macro Economic Scenario
5. Intermittent Pneumatic Compression (IPC) Devices Market Size And Growth
…..
27. Intermittent Pneumatic Compression (IPC) Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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