Press release
Global Compression Therapy Market: Segment Snapshot and Table of Content (2014-2020)
Compression therapy is a procedure entailing the delivery of an external force to tired and aching legs and other relevant anatomical targets where compression is required for management. This therapy is used to treat venous and lymphatic diseases such as lower limb edema, venous eczema, deep vein thrombosis, and diabetic foot ulcers.
Globally, the market for compression therapy is witnessing significant growth due to the increasing prevalence of diabetes, growth of the aging population, high incidence of sports injuries, rising awareness about various venous diseases, and the advanced features of compression therapy garments and devices. However, inadequate reimbursement policies and the risk of complications associated with compression therapy systems inhibit the growth of the market. The global compression therapy market is anticipated to grow from an estimated USD 2,377.8 million in 2014 to USD 3,232.3 million by 2020 at a CAGR of 5.2% during the forecast period.
North America dominates the compression therapy market due to increasing numbers of sports injuries in the region. For instance, according to Safe Kids Worldwide, a global organization dedicated to preventing injuries in children, every year about 1.3 million cases of sports injuries among youngsters are registered in the U.S. Increasing prevalence of diabetes, aging population, and rising obesity are also supporting the growth of compression therapy market in North America.
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Summary of Table of Content
Chapter 1 Preface
Chapter 2 Market Synopsis
Chapter 3 Porter’s Five Forces Analysis
Chapter 4 Industry Overview
Chapter 5 Global Market Size and Forecast
Chapter 6 Market Size and Forecast by Static Compression Therapy
Chapter 7 Market Size and Forecast by Dynamic Compression Therapy
Chapter 8 Market Size and Forecast by Geography
Chapter 9 Competitive Scenario
Chapter 10 Company Profiles
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