Press release
Compression Therapy Market Insights Growth and Forecast 2024 to 2034 Top Key Players 3M Health Care Ltd, Cardinal Health Inc., BSN Medical GmbH, Sigvaris AG and Others
Compression Therapy Market
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Obesity Crisis Drives Market Demand
The global obesity epidemic is a major catalyst for the compression therapy market. The World Health Organization (WHO) reports over 1.9 billion adults are overweight, with more than 600 million obese. This increases the risk of vascular illnesses, making compression therapy a crucial tool for prevention and management. As obesity rates continue to climb, so does the demand for these non-invasive and effective treatments.
Static Therapy Dominates Market Share
Static compression therapy holds a dominant market position with a 91.10% share in 2024. Its popularity is due to its simplicity, effectiveness in improving blood circulation, and user-friendly nature. Chronic ulcers remain the largest indication segment, accounting for a 68.30% market share. The high prevalence of chronic conditions like diabetes and vascular diseases necessitates ongoing and effective ulcer treatment, where compression therapy is a vital component.
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Key Players Drive Innovation and Expansion
The market is highly competitive, with major players like DJO Global Inc., Bauerfeind AG, and Essity Medical Solutions focusing on strategic initiatives such as new product launches, mergers, and acquisitions. DJO Global recently expanded into the Korean market, while Bauerfeind AG developed a compression stocking with pulsation technology. The use of e-commerce and telemedicine is also increasing market accessibility, especially in countries like the United States and the United Kingdom, where these platforms make products more readily available to a wider patient base. Leading manufacturers, including Paul Hartmann AG and 3M Health Care Ltd., are investing heavily in R&D to develop more comfortable and effective products to meet the rising global demand.
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