Compression Therapy Market : Global Market Estimation, Dynamics, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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The Compression Therapy Market: Type (Static compression therapy, Dynamic compression therapy), By Preparation (Compression pumps, Compression bandages, Compression stockings, Compression tapes),  End User (Hospitals, Clinics, Ambulatory Surgical Centres, Home Care Settings), By Geography

 

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Report

Description

Global Compression Therapy Market was valued at US$ 2.8 Bn in the year 2020 and is anticipated to grow US$ 3.99 Bn by 2027 at CAGR of 5.2% over the forecast years 2021-2027. Compression therapy is a straightforward and compelling method for expanding bloodstream movement in the lower appendages through fortifying vein bolster. It’s a type of wound care that means to delicately apply weight to the lower legs and legs by wearing particularly composed leggings. Portrayed by the nearness of key players the worldwide pressure treatment advertise is profoundly divided. Forceful evaluating, propelled highlights, for example, conveyability, brilliant wearables, and new applications are the major fighting variables for the market players. The advances in innovation and item up degree will increase the aggressive condition among merchants. In addition, to manage themselves in the market, a few merchants are framing procedures to expand their market share.Companies are endeavoring to build their piece of the overall industry through inorganic and community development technique. For example, FarrowMed Medical arrangements was obtained by BSN medicals in 2015. This assisted BSN medicinal with expanding its lymphedema treatment arrangements portfolio.in diverse locales. In May 2017, Footfalls and Heartbeats, a UK based shrewd textures producing organization joined forces with Karl Otto Braun GmbH and Co. KG (KOB), to build up a shrewd swathe that can gauge the weight connected by pressure gauze and empower live observing of pressure treatment. KOB is a gauze and textures maker situated in Germany. Geographically Compression Therapy Market is segmented as Latin America, North America, Asia- Pacific, The Middle East & Africa and Europe.

 


Compression Therapy Market

MARKET SUMMARY
-
5.2%
  • Study Period– 2021-2027
  • Base Year– 2020
  • CAGR–5.2%
  • Largest Market– North America
  • Fastest Growing Market– Asia Pacific

Compression Therapy Market

  • Compression Therapy Market is classified on the basis of type, technology, and geographical regions.
  • Athletes and sportspeople regularly utilise compression goods to relieve muscle soreness, promote mobility, and improve athletic performance. Competitive, recreational, and compulsory (physical education) activities are the most common causes of sports injuries. The Centers for Disease Control and Prevention (CDC) state that (CDC), Each year, 2 million injuries, 50,000 doctor visits, and 30,000 hospitalizations are caused by high school athletics in the United States.
  • As a result, health care professionals (chiropractors and physiotherapists) use these goods extensively for amateur and professional athletes, as well as their normal clinic patients. As a result, the uptake of compression treatment products is expected to rise over the forecast period due to a growth in the number of sports injuries and a growing demand among health care providers.
Market Key Players
  • BSN medical
  • DJO Global Inc.
  • medi GmbH & Co KG
  • Tactile Medical
  • PAUL HARTMANN AG
  • SIGVARIS
  • Sanyleg S.r.l.
  • 3M Company
  • ConvaTec Inc
  • ArjoHuntleigh (Getinge Group)
  • Julius Zorn GmbH (Juzo)
Growth

Compression Therapy Market

Increment in awareness about venous maladies and wounds because of experiential exercises and games are driving the development of compression therapy market. For example, as indicated by Safe Kids Worldwide, a worldwide association which is focused on avoiding wounds in kids, around 1.3 million instances of games wounds in adolescents are enlisted in the U.S consistently. In addition, developing maturing populace and expanding pervasiveness of diabetes are likewise supporting the development of the compression therapy market in the area. As per the International Diabetes Federation, the predominance of diabetes is relied upon to develop from 366 million of every 2011 to 552 million by 2030 worldwide that is required to expand the market development in the future. Lack of information about the ailment sign among patients and lacking repayment for compression therapy from government organizations in created nations will back off the compression therapy market in the estimated time frame


North-America Got Significant Share

Compression Therapy Market

North America holds the significant piece of the overall industry because of quick acknowledgment of new advances and expanding predominance of obesity leading to vascular diseases. Obesity in people prompts movement of knee osteoarthritis (OA) prompting a kind of asymptomatic vascular illness. As indicated by the American Academy of Orthopedic Surgeons (AAOS), around 600,000 knee arthroplasty medical procedures were performed in 2010 in the U.S. Moreover, development in Asia Pacific locale is relied upon to be driven significantly by rising games wounds. As per the Asian Federation of Sports Medicine (AFSM), around 21,334 occurrence of games wounds happen every year in Asia. Such rates combined with affordability, patient awareness and availability would fuel the development in Asia Pacific compression therapy market.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, and forecast from 2021-2027
  • The report covers in-detail insights about the competitor’s overview, key findings, and their key strategies
  • The report outlines drivers, restraints, challenges, and trends that are currently faced by the industry
  • The report tracks recent innovations, key developments, and startup’s details that are working in the industry
  • The report provides plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Compression Therapy Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • BSN medical
  • DJO Global Inc.
  • medi GmbH & Co KG
  • Tactile Medical
  • PAUL HARTMANN AG
  • SIGVARIS
  • Sanyleg S.r.l.
  • 3M Company
  • ConvaTec Inc.
  • ArjoHuntleigh (Getinge Group)
  • Julius Zorn GmbH (Juzo)

Description

Global Compression Therapy Market was valued at US$ 2.8 Bn in the year 2020 and is anticipated to grow US$ 3.99 Bn by 2027 at CAGR of 5.2% over the forecast years 2021-2027. Compression therapy is a straightforward and compelling method for expanding bloodstream movement in the lower appendages through fortifying vein bolster. It’s a type of wound care that means to delicately apply weight to the lower legs and legs by wearing particularly composed leggings. Portrayed by the nearness of key players the worldwide pressure treatment advertise is profoundly divided. Forceful evaluating, propelled highlights, for example, conveyability, brilliant wearables, and new applications are the major fighting variables for the market players. The advances in innovation and item up degree will increase the aggressive condition among merchants. In addition, to manage themselves in the market, a few merchants are framing procedures to expand their market share.Companies are endeavoring to build their piece of the overall industry through inorganic and community development technique. For example, FarrowMed Medical arrangements was obtained by BSN medicals in 2015. This assisted BSN medicinal with expanding its lymphedema treatment arrangements portfolio.in diverse locales. In May 2017, Footfalls and Heartbeats, a UK based shrewd textures producing organization joined forces with Karl Otto Braun GmbH and Co. KG (KOB), to build up a shrewd swathe that can gauge the weight connected by pressure gauze and empower live observing of pressure treatment. KOB is a gauze and textures maker situated in Germany. Geographically Compression Therapy Market is segmented as Latin America, North America, Asia- Pacific, The Middle East & Africa and Europe.

 

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