Press release
Compression Therapy Market to Reach USD 5.2 Billion by 2029, Driven by Technological Innovations and Rising Sports Injuries
Mordor Intelligence has published a new report on the Compression Therapy Market, offering a comprehensive analysis of trends, growth drivers, and future projections.The global compression therapy market is forecasted to grow from USD 4.01 billion in 2024 to USD 5.29 billion by 2029, with a CAGR of 5.7%. The increasing prevalence of venous disorders, rise in sports injuries, and advancements in rehabilitative care are significant drivers of the market. Innovations such as active compression systems for lymphedema and the growing adoption of compression garments in sports medicine are expected to propel growth. However, challenges such as alternative treatments and lack of awareness may restrain expansion.
Report Overview: https://www.mordorintelligence.com/industry-reports/compression-therapy-market
Key Trends
1. Rising Demand for Compression Garments
Compression garments are widely utilized for medical treatments and athletic recovery:
Used to prevent injury recurrence, accelerate recovery, and improve athletic performance.
In burn treatment, compression garments help minimize hypertrophic scars and improve scar maturation.
The introduction of advanced products, such as Danskin's "Move Skin" collection in 2022, highlights innovation in the segment.
2. Increasing Adoption of Preventive and Rehabilitative Care
The growing burden of sports injuries and road accidents has heightened the importance of compression therapy:
According to the WHO, rehabilitation, including compression therapy, is essential for universal health coverage.
Compression therapy is widely used in treatment protocols for conditions such as venous leg ulcers and deep vein thrombosis (DVT).
3. Technological Advancements in Compression Systems
Recent launches, such as Koya Medical's active compression system, have expanded the applications of compression therapy for lymphedema and venous diseases:
These systems combine comfort and efficacy, making them suitable for both medical and non-medical use.
4. Rising Prevalence of Venous Disorders Due to COVID-19
The pandemic highlighted an increase in venous disorders such as DVT, driving demand for compression therapy products:
Studies published in 2022 revealed a fivefold increase in DVT risk post-COVID-19 infection.
Market Segmentation
The compression therapy market is segmented by Product Type, Technology, Application, and Geography:
By Product Type:
Compression Garments: Dominates the market due to widespread use in sports and burn treatments.
Compression Pumps: Increasingly used for venous diseases and post-surgical recovery.
Compression Braces: Primarily utilized in orthopedics and sports medicine.
By Technology:
Static Compression Therapy: Widely used for venous leg ulcers and lymphedema.
Dynamic Compression Therapy: Gaining traction for post-operative care.
By Application:
Venous Leg Ulcers: Largest application segment, supported by high prevalence rates.
Deep Vein Thrombosis Treatment: Growing demand due to post-pandemic complications.
Lymphedema Treatment: Rising adoption of advanced compression solutions.
By Geography:
North America: Largest market, driven by advanced healthcare infrastructure.
Asia-Pacific: Fastest-growing market due to increasing awareness and accessibility.
Europe: Significant market supported by strong healthcare policies.
Middle East & Africa, South America: Emerging markets with growing demand for compression therapies.
Get a Customized Report Tailored to Your Requirements. - https://www.mordorintelligence.com/market-analysis/treatment-equipment
Key Players
The compression therapy market is highly competitive, with leading players focusing on innovation and strategic collaborations. Key companies include 3M, BSN Medical, Sigvaris Group, Medi GmbH & Co. KG, and Tactile Medical.
3M: Offers a range of compression wraps and systems for medical use.
BSN Medical: Known for its advanced wound care and compression therapy solutions.
Sigvaris Group: A leader in compression garments, catering to medical and non-medical applications.
Medi GmbH & Co. KG: Innovates in compression hosiery and sportswear.
Tactile Medical: Specializes in compression systems for lymphedema and venous insufficiency.
These players are actively investing in R&D and expanding their portfolios to meet the growing demand for effective compression therapies.
Conclusion
The compression therapy market is poised for substantial growth, driven by increasing adoption in preventive care, advancements in technology, and rising awareness of its benefits. With innovations in compression garments and systems, along with the growing burden of venous disorders and sports injuries, the market offers significant opportunities for stakeholders. As key players continue to focus on product development and strategic initiatives, the compression therapy market is expected to witness robust expansion, enhancing patient care globally.
Industry Related Reports
Lymphedema Treatment Market: The Lymphedema Treatment Market Report is segmented by Treatment Type (Compression Therapy, Surgery, Laser Therapy, and Other Treatment Types), Type (Secondary Lymphedema and Primary Lymphedema), Affected Area (Lower Extremity, Upper Extremity, and Genitalia), End User (Hospitals, Specialty Clinics, Ambulatory Surgical Centers, and Other End Users), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America).
To know more visit this link: https://www.mordorintelligence.com/industry-reports/lymphedema-treatment-market
Hot and Cold Therapy Pack Market: The Global Hot and Cold Therapy Pack Market is segmented by Type (Instant Electric Hot/Cold Packs, Dry and Moist Hot and Cold Packs, and Gel Packs), Application (Sports Injury, Neuropathic Pain, Surgery, and Other Applications), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, and South America).
To know more visit this link: https://www.mordorintelligence.com/industry-reports/hot-and-cold-therapy-packs-market
Europe Wound Care Market: The Europe Wound Care Market Report is segmented by Product, Wound Type, and Geography. By product, the market includes Wound Dressings (such as Film Dressings, Foam Dressings, Hydrogel Dressings, Collagen Dressings, and Other Dressings), Active Wound Care (including Skin Substitutes and Growth Factors), Therapy Devices (comprising Negative Pressure Wound Therapy, Pressure Relief Devices, Hyperbaric Oxygen Equipment, Compression Therapy, and Other Therapy Devices), and Other Advanced Wound Care Products. By wound type, the market is categorized into Chronic Wounds, including Diabetic Foot Ulcers, Pressure Ulcers, Arterial and Venous Ulcers, and Other Chronic Wounds, and Acute Wounds, such as Surgical Wounds, Burns, and Other Acute Wounds. Geographically, the market covers Germany, the United Kingdom, France, Italy, Spain, and the Rest of Europe.
To know more visit this link: https://www.mordorintelligence.com/industry-reports/europe-advanced-wound-care-management-market-industry
For any inquiries or to access the full report, please contact:
media@mordorintelligence.com
https://www.mordorintelligence.com/
About Mordor Intelligence:
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
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