Compression Therapy care performs its perform by strengthen in given support, could be a kind of wound care, which has an easy &an effective method of skyrocketing blood flow activity within the lower limbs. This medical care aims to softly apply pressure to the ankles and legs by sporting specifically designed product. These products then work to slowly stretch out vein walls and improve overall circulation that successively, helps in eliminating the swelling, whereas reducing the pain.
The global compression therapy market size was valued at USD 3.9 billion in 2019 and is expected to witness a lucrative CAGR of 5.2% over the forecast period.
Based on technique, the Compression Therapy Market may be classified into static and dynamic. The phase of static compression therapy aid technique accounted for the biggest market share in 2019, owing to easy accessibility and wider-angle of application that this system provides, as well as treatment of hydrops and sports-related injuries.
Based on product, the compression therapy market will be classified into compression clothes, compression braces, and compression pumps. The compression clothes phase accounted for the biggest market share in 2019, because of rising cases of unhealthy veins, edema, Deep Vein occlusion (DVT), and oedema, moreover as management of many chronic conditions.
Based on application, the compression therapy market is classified into unhealthy veins, Deep Vein occlusion (DVT), lymphedema, leg ulcers, and others. The hydrops section is anticipated to grow with the best CAGR, thanks to high range of diabetic and geriatric populations among many countries worldwide.
Based on region, the global Compression Therapy Market is segmental into North America, Europe, Asia Pacific, and also the remainder of the globe (ROW).Asia Pacific is predicted to be the fastest-growing market throughout the forecast amount. Many factors, like growing investments in R&D activities by key players to commercialize merchandise at comparatively lower costs and rising variety of chronic blood vessel diseases among the population, can play a vital role within the growth of this region. Moreover, rising income during this region is anticipated to any promote the adoption of those merchandise for treating blood vessel disorders within the returning years.
Some of the key players in Compression Therapy Market are Medi GmbH & Co., Paul Hartmann AG, Julius Zorn GmbH, Arjo Huntleigh, SIGVARIS, Medtronic Plc, and BSN Medical GmbH. These players are deploying regional & distribution channel expansion, new product development and collaborative strategies to gain a greater share of the market.
Reasons to Purchase this Report
• Current and future of global compression therapy market outlook in the developed and emerging markets.
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/Countries that are expected to witness the fastest growth rates during the forecast period.
• The latest developments, market shares, and strategies that are employed by the major market players.
Key Segments of compression therapy market are:
• Technology Outlook (Revenue, USD Million, 2020 - 2027)
• Static Compression Therapy
• Dynamic Compression Therapy
• Product Outlook (Revenue, USD Million, 2020 - 2027)
• Compression Pumps
• Compression Stockings
• Compression Bandages
• Compression Tapes
• Regional Outlook (Revenue, USD Million, 2020 - 2027)
• North America
• Asia Pacific
• Latin America
• Middle East & Africa
o South Africa
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