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The compression therapy market is forecasted to grow by USD 1.54 billion during 2023-2028, accelerating at a CAGR of 6.78% during the forecast period. The report on the compression therapy market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing prevalence of chronic venous diseases and lymphedema, growing aging population prone to venous disorders, and rising awareness about benefits of compression therapy.
The compression therapy market is segmented as below:
By Therapy
- Static
- Dynamic
By Technology
- Compression bandages
- Compression stocking
- Compression pumps
- Compression tapes
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
The report on the compression therapy market covers the following areas:
- Compression therapy market sizing
- Compression therapy market forecast
- Compression therapy market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Therapy
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global compression therapy market: 3M Co., Bio Compression Systems, Bosl Medizintechnik GmbH, Cardinal Health Inc., ConvaTec Group Plc, DJO Global Inc., INNOTHERA, Julius Zorn GmBH, medi GmbH and Co. KG, Medline Industries LP, Medtronic Plc, Mego Afek A.C. Ltd, Paul Hartmann AG, Sanyleg S.r.l., SIGVARIS AG, Smith and Nephew plc, Spectrum Healthcare, Stryker Corp., Tactile Systems Technology Inc., and THUASNE.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is customized compression therapy solutions based on individual patient needs."
According to the report, one of the major drivers for this market is the increasing prevalence of chronic venous diseases and lymphedema.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 3M Co.
- Bio Compression Systems
- Bosl Medizintechnik GmbH
- Cardinal Health Inc.
- ConvaTec Group Plc
- DJO Global Inc.
- INNOTHERA
- Julius Zorn GmBH
- medi GmbH and Co. KG
- Medline Industries LP
- Medtronic Plc
- Mego Afek A.C. Ltd
- Paul Hartmann AG
- Sanyleg S.r.l.
- SIGVARIS AG
- Smith and Nephew plc
- Spectrum Healthcare
- Stryker Corp.
- Tactile Systems Technology Inc.
- THUASNE