Compression Therapy Market size was valued at USD 3.69 Bn. in 2022 and the total Insulation revenue is expected to grow by 4.34% from 2023 to 2029, reaching nearly USD 4.78 Bn.
Compression Therapy Market Overview:
Maximize Market Research's 2023-2029 Global Report delves into an extensive and tailored examination of the Compression Therapy Market industry, specifically emphasizing the global market trends projected for the forecast period.
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Compression Therapy Market Scope:
The worldwide " Compression Therapy Market" study looks at important industry factors including progress, segmentation, growth prospects, opportunities, challenges, and competitive analysis. The segmentation analysis focuses on revenue and forecast by region, kind, and application for the period 2023-2029. This study investigates the market size, development status, and forecast, as well as a company profile. It also provides information on the competitive climate as well as data from the most important firms.
Compression Therapy Market Drivers:
Compression therapy plays an important role for wound and ulcer care. Compression therapy can be administered using bandages, stockings, and intermittent pneumatic compression (IPC) devices. The increasing surge of the various disorders like Chronic venous disease, Cirrhosis, Angioedema, Lymphedema; wearing compression gloves and stockings helps in preventing the accumulation of fluid; has driven the market of Compression Therapy.
Moreover to ensure precise pressure control and improve compliance, a device that monitors and adjust the compression is highly desirable, Pneumatic Compression Devices (PCD) offers this possibility. The PCD which are available in 3 different types like Fixed PCDs with no mobility, Semi-portable PCDs with extended mobility and Portable PCDs where one can move freely while the device is operating are the emerging devices has further contributing to drive the Compression Therapy market.
Compression Therapy Market Segmentation:
by Product Type
1. Post-Surgical Compression
1.1 Thrombo-Embolus deterrent
1.2 Graduated Compression socks
1.3 Other Forms of Surgical Compressions
2. Athletic Compression
2.1 Knee-length Compression socks
2.2 Compression Ankle Socks
2.3 Compression Sleeves
2.4 Compression Short&Tights
2.5 Compression Shirts&Body Suits
by Application
1. Treatment of Rheumatoid Arthritis
2. Treatment of Post Thrombic Syndrome
3. Treatment of Chronic Ulcers
4. Treatment of lymphedema
by Technology
1. Static Compression
2. Dynamic Compression
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Compression Therapy Market Key Players: The key players are
1. DJO Global Inc(US)
2. Tactile Medical(US)
3. Cardinal Health, Inc.(US)
4. Bio Compression Systems, Inc(US)
5. ArjoHuntleigh (Sweden)
6. BSN Medical(Germany)
7. medi GmbH & Co KG(Germany)
8. Julius Zorn GmbH(Germany)
9. PAUL HARTMANN AG(Germany)
10. SIGVARIS MANAGEMENT AG.(Australia)
11. Smith & Nephew PLC.(UK)
12. Convatec Inc.(UK)
13. 3M Health Care (UK)
14. Sanyleg S.R.L.(Italy)
15. Covidien plc(Ireland)
16. Medtronic PLC(Ireland)
Regional Analysis:
This comprehensive " Compression Therapy Market" study encompasses critical industry elements such as progression, segmentation, growth prospects, challenges, opportunities, and competitive analysis. The segmentation analysis primarily focuses on revenue forecasts categorized by region, type, and application spanning from 2021 to 2027. This evaluation scrutinizes market size, developmental status, forecasts, and company profiles, offering insights into the competitive landscape and data sourced from major industry players.
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COVID-19 Impact Analysis on Compression Therapy Market:
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