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Pressotherapy Systems Global Market Growth Opportunities, Emerging Trends, Industry Analysis And Global Forecast 2024 To 2033
Pressotherapy Systems Global Market
According to The Business Research Company's, The pressotherapy systems market size has grown rapidly in recent years. It will grow from $12.76 billion in 2023 to $14.07 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to beauty and aesthetics demand, market accessibility, sports and fitness applications, research and development, market expansion and accessibility, celebrity endorsements.
The pressotherapy systems market size is expected to see strong growth in the next few years. It will grow to $19.98 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to consumer preferences, research and development investments, home-use devices, sports and fitness applications, cosmetic industry growth. Major trends in the forecast period include health and wellness industry growth, beauty and aesthetics sector demand, sports and fitness applications, clinical rehabilitation, home-use devices.
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Market Drivers and Trends:
The growing prevalence of obesity is expected to propel the growth of the pressotherapy market going forward. Obesity and overweight are induced when additional calories, particularly those from high-fat and sugar diets, are stored as fat in the body. Pressotherapy systems are used to treat obesity to improve the overall body profile and natural shape, allowing people to eliminate unsightly cellulite, lose fat, and redefine their legs, stomach, and arms. For instance, in May 2023, according to the Government Digital Service, a UK-based government body, in England, it was projected that 25.9% of individuals (18 years and older) were obese in 2021-2022 which is an increase of 25.2%. Therefore, the growing prevalence of obesity is driving the growth of the pressotherapy market going forward.
Technological advancements are a key trend gaining popularity in the pressotherapy systems market. Major companies operating in the pressotherapy systems market are focused on adopting new technologies or solutions to sustain their position in the market. For instance, in September 2021, Winback Go East, a South Korea-based medical equipment corporation, launched GMOVE-SUIT, a ground-breaking active pressotherapy system broadening Waiback's cutting-edge innovations. It is a revolution in the active compression area because it enables using four modes in a single product. The G-MOVE SUIT, inspired by the KAATSU method, offers functional rehabilitation, muscle growth, and improved performance when utilized as a standard pressotherapy system on the couch.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
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Major Key Players of the Market:
DJO Global Incorporated; Doris Electronic Technology Co. Ltd; Novasonix Technology SL; Elettronica Pagani SRL; WellCelerators LLC; Guangzhou Longest Science & Technology Co. Limited; HEAT Spa Kur Therapy Development Inc.; RevitaPump; R P Sports Private Limited; Air Relax USA; Hyperice Inc.; Arjo Inc.; Tactile Medical Systems Inc.; Bio Compression Systems Incorporated; Rapid Reboot; BardoMed Sp. z o.o.; Zhende Medical Co. Ltd.; Atrex SRL; Speed Hound; Daesung Maref Co. Ltd.; Squid Compression; Devon Medical Products Inc.; Lympha Press by Mego Afek AC Ltd.; Physiomed Elektromedizin AG; Zimmer MedizinSysteme GmbH; GymnaUniphy N.V.; Enraf-Nonius B.V.; NormaTec Recovery Systems LLC; Recovery Systems Inc.; Physio Equipment Company
Pressotherapy Systems Market 2024 Key Insights:
• The pressotherapy systems market will grow to $19.98 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%.
• Obesity Epidemic Fuels Surge In Pressotherapy Market Is Addressing Weight Management And Body Contouring Demand
• Innovative Technological Strides Are Pioneering Advances In Pressotherapy Systems Market
• North America was the largest region in the pressotherapy systems market in 2023
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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