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In-Depth Analysis of the Compression Therapy Market: Growth Opportunities, Key Trends, and Forecast 2025-2034

02-21-2025 07:42 AM CET | Health & Medicine

Press release from: The Business Research Company

Compression Therapy Market Size

Compression Therapy Market Size

What market dynamics are playing a key role in accelerating the growth of the compression therapy market?
The acceleration in the number of elderly people worldwide is adding to the expansion of the compression therapy market. The portion of seniors in multiple countries around the world is swiftly expanding. This elderly demographic is prone to an array of chronic conditions. Compression therapy offers a straightforward and effective solution for enhancing vein support and optimizing blood flow in the lower extremities. It is most frequently utilized by seniors dealing with chronic venous disease. For example, a World Health Organization (WHO) report from October 2022 anticipates that by 2030, one out of every six people will be aged 60 or above globally. Fast forward to 2050, the global population will comprise 2.1 billion individuals who are 60 or older. Thus, the growing elderly demographic is projected to bolster the compression therapy market's growth.

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How will the growth rate of the compression therapy market shape industry trends by 2034?
The market size of compression therapy has seen significant growth in the past few years. Its size is predicted to rise from $4.31 billion in 2024 to about $4.68 billion in 2025, at a Compound Annual Growth Rate (CAGR) of 8.7%. The growth during the historical period can be credited to factors such as the aging population, increasing instances of chronic venous diseases, heightened awareness of the benefits, rising incidence of diabetes and obesity-related conditions, as well as the expansion of indications for compression therapy.

In the coming years, it is projected that the compression therapy market will experience robust growth, with the market size potentially reaching $6.8 billion in 2029, growing at a compound annual growth rate (CAGR) of 9.8%. Factors contributing to this growth over the forecast period include increased healthcare spending and enhanced access, a growing older population, increasing numbers of lymphedema and other chronic condition cases, wider application in the sports and fitness sector, and increased use of compression therapy in hospitals. Key trends for this time frame include the innovation of wearable and intelligently designed compressive devices, the personalization of compression therapy options, the usage of compression therapy in wound care management, focusing on patient comfort and adherence in compression therapy, and collaborative efforts between manufacturers and healthcare professionals to improve patient outcomes.

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What trends are poised to drive the future success of the compression therapy market?
In an effort to expand their customer reach, increase sales, and boost revenue, key players in the compression therapy market are introducing cutting-edge products such as wearable compression systems. This type of medical device offers targeted, continuous, or intermittent compression therapy, typically to the limbs. For example, in April 2022, the US-based medical tech firm Koya Medical Inc., unveiled its Dayspring active compression system. Tailored to address lymphedema and venous disorders in the lower extremities, the Dayspring system is notable as the first FDA-approved non-pneumatic active dynamic compression treatment of its variety. The system includes a breathable mesh garment that is comfortable to wear, incorporating Koya's proprietary Flexframe technology to provide personalized and controlled compression while retaining natural movement. Further features consist of an intelligent, rechargeable controller with Bluetooth functionality, supplemented with companion software for bespoke treatment adjustments and treatment record evaluation.

Which primary segments of the compression therapy market are driving growth and industry transformations?
The compression therapy market covered in this report is segmented -

1) By Product: Compression Pumps, Compression Stockings, Compression Bandages, Compression Tapes
2) By Technique: Static Compression Therapy, Dynamic Compression Therapy
3) By Application: Varicose Vein Treatment, Deep Vein Thrombosis Treatment, Lymphedema Treatment, Leg Ulcer Treatment, Other Applications

Subsegments:
1) By Compression Pumps: Sequential Compression Pumps, Non-sequential Compression Pumps
2) By Compression Stockings: Knee-High Stockings, Thigh-High Stockings, Waist-High Stockings
3) By Compression Bandages: Cohesive Bandages, Elastic Bandages
4) By Compression Tapes: Rigid Tapes, Elastic Tapes

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Which geographical regions are pioneering growth in the compression therapy market?
North America was the largest region in the compression therapy market in 2024. Europe was the second-largest market in the compression therapy market. The regions covered in the compression therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Who are the influential players reshaping the compression therapy market landscape?
Major companies operating in the compression therapy market include 3M Company, ArjoHuntleigh AB, Bio Compression Systems Inc., BSN Medical GmbH, Cardinal Health Inc., ConvaTec Inc., DJ Orthopedics Global Inc., Julius Zorn GmbH, medi GmbH & Co KG, Medtronic plc, Paul Hartmann AG, Sanyleg Srl, Sigvaris Management AG, Smith & Nephew plc, Tactile Systems Technology Inc., Thuasne SA, Bauerfeind AG, Essity AB, Kinetec SAS, Lympha Press International Inc., Medi USA, Optima Molliter Srl

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What Is Covered In The Compression Therapy Global Market Report?

•Market Size Forecast: Examine the compression therapy market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the compression therapy market for a structured understanding.
•Key Players Overview: Analyze major players in the compression therapy market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the compression therapy market.
•Segment Contributions: Evaluate how different segments drive overall growth in the compression therapy market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the compression therapy market.
•Industry Challenges: Identify potential risks and obstacles affecting the compression therapy market.
•Competitive Landscape: Review strategic developments in the compression therapy market, including expansions, agreements, and new product launches.

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