Press release
Global Compression Therapy Market: North America Projected to Retain Dominance During 2014-2020
The global compression therapy market report compiled by Persistence Market Research offers in-depth analysis for six-year forecast period, 2014-2020. The primary objective of this report is to provide with an extensive analysis and estimation of all the market information, which includes factors that are boosting growth of the market, factors that are inhibiting growth of the market, trends, opportunities, and recent developments related to the global compression therapy market. The forecast presented in the report assesses the total revenue generated, and the expected revenue throughout the forecast period.
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The report begins with a general overview regarding application of compression therapy garments and devices among various other therapy options. Apart from applications of compression therapy garments and devices, the report throws light on various factors that are responsible for contributing towards growth of the global compression therapy market, and factors, which are responsible for inhibiting growth of the global market. Rising occurrences of sports injuries in various developed and developing countries are significant factors projected to boost growth of the global compression therapy market.
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The next section of the report highlights various segments in the global compression therapy market. The global compression market is segmented in terms of product type, static compression, dynamic compression, and region. In terms of region, North America is predicted to retain dominance in the compression therapy market in the upcoming years. Various region-specific factors are estimated to contribute towards growth of the market in the near future along with factors, which are anticipated to inhibit growth of the market in the coming years.
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Research Methodology
To deduce the global compression therapy market size, the report considers various aspects based on secondary research. Furthermore, key data points such as region-wise split and market split by product type, region, and application; and qualitative inputs from primary respondents have been incorporated to arrive at appropriate market estimates. The forecast presented in the report assesses the total revenue generated and expected revenue contribution in the global compression therapy market.
The report begins with sizing the market in terms of value and volume for the base year, which forms the basis for forecasting how the market is anticipated to take shape in the near future. Given the characteristics of the market, gathered data is triangulated via different analysis based on supply side and demand side drivers and other key dynamics of the global compression therapy market. To develop the market forecast, Persistence Market Research has also conducted a factor analysis to understand the impact of various forces/factors on the target market. The report provides forecasts not only in terms of CAGR but also presents a detailed analysis based on key parameters such as Year-on-Year (Y-o-Y) growth to understand market predictability and to identify the right opportunities.
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Another key feature of this report is an analysis of the global compression therapy market and the corresponding revenue forecast in terms of absolute dollar opportunity, usually overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales perspective in the global compression therapy market. Further, to understand key segments in terms of their growth and overall global compression therapy market performance, Persistence Market Research has developed a market attractiveness index to help providers identify existing market opportunities in the global compression therapy market.
Some of the major players in the compression therapy market:
SIGVARIS.
BSN medical GmbH.
PAUL HARTMANN AG.
Julius Zorn GmbH.
ArjoHuntleigh.
THUASNE.
Smith & Nephew plc.
medi GmbH & Co. KG.
Medtronic plc.
Other.
These key market players have been profiled on the basis of attributes such as company overview, recent developments, growth strategies, sustainability, and financial overview.
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