Compression Therapy Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, By Product {Compression Bandages, Compression Wraps, Compression Stockings (Class I, Class II, Class III), Compression Tapes, Compression Pumps, Compression Braces, Others}, By Technique (Static Compression Therapy, Dynamic Compression Therapy), By Application (Varicose Vein Treatment, Deep Vein
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationCompression Therapy Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, By Product {Compression Bandages, Compression Wraps, Compression Stockings (Class I, Class II, Class III), Compression Tapes, Compression Pumps, Compression Braces, Others}, By Technique (Static Compression Therapy, Dynamic Compression Therapy), By Application (Varicose Vein Treatment, Deep Vein
Global Compression Therapy Market is projected to witness impressive growth during the forecast period.
Benefits Associated with Compression Therapy
Compression therapy helps improve blood flow in the veins by applying external pressure to the affected area. This helps to reduce venous congestion and increase the velocity of blood flow, promoting better circulation. Improved blood flow can reduce the risk of blood clots, alleviate symptoms of venous insufficiency, and promote healing in venous ulcers. Compression therapy aids in reducing swelling and edema (fluid retention) in the affected area by promoting lymphatic drainage. The applied pressure helps to improve the transport of lymphatic fluid, which can reduce swelling, alleviate discomfort, and improve the overall appearance of the affected area. Compression therapy can help relieve pain associated with venous and lymphatic disorders. By reducing venous congestion and edema, compression therapy can help alleviate pain caused by conditions such as varicose veins, lymphedema, and venous ulcers. It can also help reduce discomfort and heaviness in the legs associated with venous insufficiency. Compression therapy has been shown to promote wound healing in patients with venous ulcers. The improved blood flow and reduced swelling associated with compression therapy can help provide a conducive environment for healing, leading to faster wound closure and improved outcomes in patients with venous ulcers.
Compression therapy can be used as a supportive measure during and after certain medical procedures, such as surgery or sclerotherapy for varicose veins. It can help prevent blood clots, reduce post-operative swelling, and promote healing. Compression therapy is a non-invasive treatment option that does not require any surgical procedures or medications. Compression garments, such as stockings or sleeves, are easy to wear and can be incorporated into a patient's daily routine without significant disruption, making it a convenient treatment option for long-term management of venous and lymphatic disorders. All these benefits associated with compression therapy are expected to drive the growth of compression therapy market, globally.
Growing Number of Orthopedic Procedures
For instance, a study by the Chicago Vein Institute estimates that by 2022, 50% of Americans over the age of 50 will have varicose veins.
Increasing Prevalence of Lymphatic Disorders & Venous Illnesses
For instance, venous leg ulceration, which affects 1.5% of the general population and up to 5% of the elderly, is the most prevalent medical problem in the world, according to an article in Vascular Medicine.
Technological Advancements
Technological advancements are playing a significant role in driving the global compression therapy market. Advancements in materials, design, manufacturing processes, and digital health technologies have led to the development of more effective and user-friendly compression therapy products, enhancing their therapeutic outcomes and patient experience. Technological advancements have led to the development of advanced materials for compression garments, such as microfibers, spandex, and elastomers. These materials provide improved comfort, breathability, and durability, making compression garments more comfortable and effective in delivering consistent compression levels over extended periods of wear. Advanced materials also allow for the development of compression garments that are lighter, thinner, and more aesthetically appealing, which can enhance patient compliance and satisfaction.
Technological advancements have enabled the customization of compression garments to fit individual patient needs. 3D printing technology has been used to create customized compression garments that conform to the unique shape and size of the patient's limb, providing an optimal fit and compression. Customized compression garments offer improved comfort, efficacy, and patient satisfaction, and they are particularly beneficial for patients with irregular limb shapes or sizes. Technological advancements have led to the development of compression devices and pumps that provide dynamic compression therapy. These devices use programmable pressure settings, timing sequences, and sensors to deliver precise and adjustable compression levels, tailored to the patient's condition and needs. Compression devices and pumps can provide intermittent or sequential compression, enhancing the therapeutic effects of compression therapy and improving patient compliance.
Digital health technologies, such as wearable devices and mobile applications, are increasingly being integrated into compression therapy. Wearable devices, such as smart compression garments or sensors, can monitor compression levels, activity levels, and compliance, providing real-time feedback to patients and healthcare professionals. Mobile applications can provide reminders, tracking, and educational resources to enhance patient engagement and adherence to compression therapy regimens. These digital health technologies can improve patient outcomes, self-management, and remote monitoring, driving the adoption of compression therapy.
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Market Segmentation
Global Compression Therapy Market is segmented based on
Recent Developments
- The FDA has approved KoyaMedical's Compression Therapy System for the Lower Extremities, as of May 2021.
- DeRoyal and Tyndall and RCSISWaT researchers inked a USD 1.2 million partnership in February 2021. Thispartnership's primary goal was to revolutionize compression wound therapy.
- The revised compressiontherapy solutions from AIROS Medical Inc. were released in July 2020. For thefirst time in three years, the company's new AIROS 6 Sequential CompressionTherapy gadget and Arm Plus clothing have received FDA approval.
Market players
Cardinal Health, Medtronic, Koninklijke Philips N.V., Siemens Healthineers, GE Healthcare, FUJIFILM SonoSite, Inc, Natus Medical Incorporated, Huntleigh Healthcare Limited (UK), The Cooper Companies Inc. (US), CONTEC Medical Systems Co., Ltd, among others, are some of the key players operating in the global compression therapy market.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | By Product By Technique By Application By Distribution Channel |
| Regional scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
| Country scope | United States; Canada; Mexico; China; India; Japan; Australia; South Korea; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; South Africa; UAE, Saudi Arabia; Turkey; Egypt. |
| Key companies profiled | Cardinal Health, Julius Zorn GmbH, Hartmann AG, Medi GmbH & Co., SIGVARIS, BSN Medical GmbH, Arjo Huntleigh, 3M Health Care, Spectrum Healthcare, Bio Compression Systems, Inc., Stryker, Gottfried Medical |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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