Pneumatic Compression Therapy Market Size Estimated to Observe Significant Growth by 2025
A new report published by Persistence Market Research titled “Pneumatic Compression Therapy Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2025)” studies the overall performance of the global pneumatic compression therapy market for an eight year forecast period 2017 to 2025.The North America regional market is estimated to lead in terms of revenue generation for pneumatic compression therapy during the forecast period. Increasing patient awareness, rising disease burden and easy availability of de-addiction products through broad distribution channels are some of the factors that are expected to impact revenue growth of the global pneumatic compression therapy market. The next few years are likely to witness an increasing adoption of pneumatic compression therapy across the globe.
The global pneumatic compression therapy market is expected to witness robust growth during the forecast period. This growth is expected to be primarily driven by increasing adoption of pneumatic compression sleeves and pumps and a growing awareness of pneumatic compression therapy in developing economies.
The global pneumatic compression therapy market has been segmented on the basis of product type into Pneumatic Compression Sleeves, Segmented Pneumatic Compression Pumps (Programmable Pneumatic Compression Pumps, Non-Programmable Pneumatic Compression Pumps), and Non-Segmented Pneumatic Compression Pumps.
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Pneumatic Compression Sleeve product type segment is expected to be the most lucrative among all product type segments in the global pneumatic compression therapy market, with an attractiveness index of 1.8. Segmented Pneumatic Compression Pumps product type segment is expected to be the least attractive product type segment in the global pneumatic compression therapy market, with a market attractiveness index of 0.9.
The global pneumatic compression therapy market has been segmented on the basis of distribution channel into Hospitals, Clinics, and E-Commerce. Hospitals is expected to be the most lucrative segment among all distribution channels, with an attractiveness index of 1.4. Clinics is expected to be the second largest distribution channel for pneumatic compression therapy, with a market attractiveness index of 1.0.
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The global pneumatic compression therapy market has been studied across the five key regions of North America, Latin America, APAC, Europe, and Middle East & Africa. North America is expected to be valued US$ 457.3 by the end of 2025, with a CAGR of 6.7% and a market attractiveness index of 3.4, while Europe is expected to be the second largest region in the global pneumatic compression therapy market, with a market attractiveness index of 0.9.
The report features some of the leading companies operating in the global pneumatic compression therapy market such as Medtronic, Tactile Medical, ArjoHuntleigh (Getinge AB), Mego Afek ltd., Medline Industries, Inc., DJO Global, Inc., Bio Compression Systems, Inc., Talley Group Limited, XIAMEN SENYANG CO., LTD, Devon Medical Products, EUREDUC, and Bösl Medizintechnik.
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