The home sequential compression devices market size has grown strongly in recent years. It will grow from $1.02 billion in 2023 to $1.09 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth observed in the historical period can be attributed to several factors, including an increase in diabetes incidence rates, a growing aging population, escalating healthcare expenses, post-surgical recovery needs, and a notable shift towards home healthcare services.
The home sequential compression devices market size is expected to see strong growth in the next few years. It will grow to $1.47 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The anticipated growth in the forecast period is expected to stem from various factors, notably the increasing global health consciousness, proactive government initiatives and policies, the widening of distribution channels, a preference among patients for non-invasive treatment options, and the continuous aging of the population. Key trends projected for this period encompass advancements in technology, a surging uptake of telemedicine, the emergence of personalized healthcare solutions, the prevalence of remote work practices, and the integration of smart devices into healthcare systems.
The escalating prevalence of diabetes is anticipated to drive the expansion of the home sequential compression device market in the foreseeable future. Diabetes, a chronic metabolic disorder characterized by elevated blood sugar levels stemming from insufficient insulin production or utilization, has witnessed a surge due to various factors such as unhealthy dietary habits, sedentary lifestyles, demographic aging, as well as psychological stress. Home sequential compression devices play a pivotal role in managing diabetes-related complications by enhancing circulation, mitigating the risk of ulcers and infections, and promoting overall limb health. Their appeal lies in the convenience they offer for regular usage sans the necessity for frequent visits to healthcare facilities. For instance, as of July 2021, the International Diabetes Federation reported that 537 million individuals aged 20 to 79 were living with diabetes globally, with projections indicating a rise to over 643 million by 2030 and 783 million by 2045, underscoring the driving force behind the growth trajectory of the home sequential compression device market.
Key players in the home sequential compression devices market are directing their efforts towards the development of innovative products such as sequential compression devices and compression garments to maintain a competitive edge. Sequential compression devices (SCDs) serve as an effective method for preventing deep vein thrombosis (DVT) by enhancing blood flow in the legs, while compression garments target various areas including the lower legs, back, abdomen, pelvic, and hip regions, particularly beneficial for patients with lymphedema. For instance, in September 2023, AIROS Medical Inc., a US-based medical equipment manufacturer, introduced the AIROS 6P and compression pants, offering versatility with its compatibility across different voltage specifications worldwide. These advancements cater to the evolving needs of lymphedema patients, with the lower truncal pants garments addressing swelling in additional areas such as the legs and abdomen.
In June 2021, InfuSystem Holdings, Inc., a US-based provider of external ambulatory infusion pump services, forged a strategic partnership with Bio Compression Systems, Inc., a US-based manufacturer of pneumatic compression therapy equipment. The collaboration aims to enrich InfuSystem's integrated therapy service (ITS) platform by integrating lymphedema therapy as a new offering. Bio Compression Systems Inc.'s expertise lies in delivering devices for lymphedema and chronic venous insufficiency, further bolstering the comprehensive solutions portfolio offered by InfuSystem Holdings, Inc.
Major companies operating in the home sequential compression devices market are Cardinal Health Inc., Medtronic plc, Essity Health & Medical, DJO LLC, Arjo Medical Devices, BTL Corporate, Tactile Medical, Amoena Medical, Performance Health Supply Inc, Sigvaris Group, Huntleigh Healthcare Limited, Breg Inc, NormaTec, Abigo Medical AB, Medcom Group, BIOCOMPRESSION SYSTEMS, Precision Medical Products, Devon Medical Inc., AIROS Medical Inc., Mego Afek ltd., Remark Medical Services.
North America was the largest region in the home sequential compression devices market in 2023. The regions covered in the home sequential compression devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the home sequential compression devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Home sequential compression devices are medical apparatuses utilized in domestic settings to administer therapeutic compression to limbs. Leveraging pneumatic technology, these devices deliver intermittent pressure, enhancing circulation and addressing conditions such as lymphedema and venous insufficiency.
The primary categories of home sequential compression devices exist such as standard and portable. Standard variants, typically larger, are suitable for clinical or home use, delivering effective compression therapy for conditions such as lymphedema, thereby fostering better patient outcomes. These encompass various device types, including simultaneous sequential compression devices (SSCD) and alternate sequential compression devices (ASCD), catering to diverse applications such as deep vein thrombosis (DVT), lymphedema management, and chronic venous insufficiency (CVI).
The home sequential compression devices market research report is one of a series of new reports that provides home sequential compression devices market statistics, including the home sequential compression devices industry global market size, regional shares, competitors with home sequential compression devices market share, detailed home sequential compression devices market segments, market trends, and opportunities, and any further data you may need to thrive in the home sequential compression devices industry. This home sequential compression devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The home sequential compression devices market consists of sales of compression pump, compression garments, leg compression sleeves and power adapter. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The home sequential compression devices market size is expected to see strong growth in the next few years. It will grow to $1.47 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The anticipated growth in the forecast period is expected to stem from various factors, notably the increasing global health consciousness, proactive government initiatives and policies, the widening of distribution channels, a preference among patients for non-invasive treatment options, and the continuous aging of the population. Key trends projected for this period encompass advancements in technology, a surging uptake of telemedicine, the emergence of personalized healthcare solutions, the prevalence of remote work practices, and the integration of smart devices into healthcare systems.
The escalating prevalence of diabetes is anticipated to drive the expansion of the home sequential compression device market in the foreseeable future. Diabetes, a chronic metabolic disorder characterized by elevated blood sugar levels stemming from insufficient insulin production or utilization, has witnessed a surge due to various factors such as unhealthy dietary habits, sedentary lifestyles, demographic aging, as well as psychological stress. Home sequential compression devices play a pivotal role in managing diabetes-related complications by enhancing circulation, mitigating the risk of ulcers and infections, and promoting overall limb health. Their appeal lies in the convenience they offer for regular usage sans the necessity for frequent visits to healthcare facilities. For instance, as of July 2021, the International Diabetes Federation reported that 537 million individuals aged 20 to 79 were living with diabetes globally, with projections indicating a rise to over 643 million by 2030 and 783 million by 2045, underscoring the driving force behind the growth trajectory of the home sequential compression device market.
Key players in the home sequential compression devices market are directing their efforts towards the development of innovative products such as sequential compression devices and compression garments to maintain a competitive edge. Sequential compression devices (SCDs) serve as an effective method for preventing deep vein thrombosis (DVT) by enhancing blood flow in the legs, while compression garments target various areas including the lower legs, back, abdomen, pelvic, and hip regions, particularly beneficial for patients with lymphedema. For instance, in September 2023, AIROS Medical Inc., a US-based medical equipment manufacturer, introduced the AIROS 6P and compression pants, offering versatility with its compatibility across different voltage specifications worldwide. These advancements cater to the evolving needs of lymphedema patients, with the lower truncal pants garments addressing swelling in additional areas such as the legs and abdomen.
In June 2021, InfuSystem Holdings, Inc., a US-based provider of external ambulatory infusion pump services, forged a strategic partnership with Bio Compression Systems, Inc., a US-based manufacturer of pneumatic compression therapy equipment. The collaboration aims to enrich InfuSystem's integrated therapy service (ITS) platform by integrating lymphedema therapy as a new offering. Bio Compression Systems Inc.'s expertise lies in delivering devices for lymphedema and chronic venous insufficiency, further bolstering the comprehensive solutions portfolio offered by InfuSystem Holdings, Inc.
Major companies operating in the home sequential compression devices market are Cardinal Health Inc., Medtronic plc, Essity Health & Medical, DJO LLC, Arjo Medical Devices, BTL Corporate, Tactile Medical, Amoena Medical, Performance Health Supply Inc, Sigvaris Group, Huntleigh Healthcare Limited, Breg Inc, NormaTec, Abigo Medical AB, Medcom Group, BIOCOMPRESSION SYSTEMS, Precision Medical Products, Devon Medical Inc., AIROS Medical Inc., Mego Afek ltd., Remark Medical Services.
North America was the largest region in the home sequential compression devices market in 2023. The regions covered in the home sequential compression devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the home sequential compression devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Home sequential compression devices are medical apparatuses utilized in domestic settings to administer therapeutic compression to limbs. Leveraging pneumatic technology, these devices deliver intermittent pressure, enhancing circulation and addressing conditions such as lymphedema and venous insufficiency.
The primary categories of home sequential compression devices exist such as standard and portable. Standard variants, typically larger, are suitable for clinical or home use, delivering effective compression therapy for conditions such as lymphedema, thereby fostering better patient outcomes. These encompass various device types, including simultaneous sequential compression devices (SSCD) and alternate sequential compression devices (ASCD), catering to diverse applications such as deep vein thrombosis (DVT), lymphedema management, and chronic venous insufficiency (CVI).
The home sequential compression devices market research report is one of a series of new reports that provides home sequential compression devices market statistics, including the home sequential compression devices industry global market size, regional shares, competitors with home sequential compression devices market share, detailed home sequential compression devices market segments, market trends, and opportunities, and any further data you may need to thrive in the home sequential compression devices industry. This home sequential compression devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The home sequential compression devices market consists of sales of compression pump, compression garments, leg compression sleeves and power adapter. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Home Sequential Compression Devices Market Characteristics3. Home Sequential Compression Devices Market Trends and Strategies32. Global Home Sequential Compression Devices Market Competitive Benchmarking33. Global Home Sequential Compression Devices Market Competitive Dashboard34. Key Mergers and Acquisitions in the Home Sequential Compression Devices Market
4. Home Sequential Compression Devices Market - Macro Economic Scenario
5. Global Home Sequential Compression Devices Market Size and Growth
6. Home Sequential Compression Devices Market Segmentation
7. Home Sequential Compression Devices Market Regional and Country Analysis
8. Asia-Pacific Home Sequential Compression Devices Market
9. China Home Sequential Compression Devices Market
10. India Home Sequential Compression Devices Market
11. Japan Home Sequential Compression Devices Market
12. Australia Home Sequential Compression Devices Market
13. Indonesia Home Sequential Compression Devices Market
14. South Korea Home Sequential Compression Devices Market
15. Western Europe Home Sequential Compression Devices Market
16. UK Home Sequential Compression Devices Market
17. Germany Home Sequential Compression Devices Market
18. France Home Sequential Compression Devices Market
19. Italy Home Sequential Compression Devices Market
20. Spain Home Sequential Compression Devices Market
21. Eastern Europe Home Sequential Compression Devices Market
22. Russia Home Sequential Compression Devices Market
23. North America Home Sequential Compression Devices Market
24. USA Home Sequential Compression Devices Market
25. Canada Home Sequential Compression Devices Market
26. South America Home Sequential Compression Devices Market
27. Brazil Home Sequential Compression Devices Market
28. Middle East Home Sequential Compression Devices Market
29. Africa Home Sequential Compression Devices Market
30. Home Sequential Compression Devices Market Competitive Landscape and Company Profiles
31. Home Sequential Compression Devices Market Other Major and Innovative Companies
35. Home Sequential Compression Devices Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Home Sequential Compression Devices Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on home sequential compression devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Measure the impact of high global inflation on market growth.
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- Identify growth segments for investment.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for home sequential compression devices ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The home sequential compression devices market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Standard; Portable2) By Device Type: Simultaneous Sequential Compression Device (SSCD); Alternate Sequential Compression Device (ASCD)
3) By Application: Deep Vein Thrombosis (DVT); Lymphedema Management; Chronic Venous Insufficiency (CVI); Other Applications.
Key Companies Mentioned: Cardinal Health Inc.; Medtronic plc; Essity Health & Medical; DJO LLC; Arjo Medical Devices
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Cardinal Health Inc.
- Medtronic plc
- Essity Health & Medical
- DJO LLC
- Arjo Medical Devices
- BTL Corporate
- Tactile Medical
- Amoena Medical
- Performance Health Supply Inc
- Sigvaris Group
- Huntleigh Healthcare Limited
- Breg Inc
- NormaTec
- Abigo Medical AB
- Medcom Group
- BIOCOMPRESSION SYSTEMS
- Precision Medical Products
- Devon Medical Inc.
- AIROS Medical Inc.
- Mego Afek ltd.
- Remark Medical Services
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | May 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 1.09 Billion |
Forecasted Market Value ( USD | $ 1.47 Billion |
Compound Annual Growth Rate | 7.7% |
Regions Covered | Global |
No. of Companies Mentioned | 21 |