Global Compression Therapy Market

Dec 2018| VMR317A| Verified Market Research

Report Highlights

The global Compression Therapy Market was valued at USD 2.33 billion in 2016 and is projected to reach USD 3.37 billion by 2025, growing at a CAGR of 4.2% from 2017 to 2025.

Compression therapy is basically known to work on two principles, which are increased pressure and temperature control. The Highest demand of the devices offering compression therapy is seen in sports and athletics. The Market is seeing rise because of increasing sport and fitness activities all over globe and also because of larger share of older age group in the entire population.

Market Dynamics:
1. Market Drivers
1.1 Large count of targeted patients
1.2 Growingnumber of sport injuries and accidents
1.3 Growing technological developments in orthopedics
1.4 Better results with Compression therapy with clinical evidences

2. Market Restraints
2.1 Lack of universally set standards for Compression products
2.2 Less support of patients

Market Segmentation:
1. Global Compression Therapy Market, by Product:
1.1 Compression Garments
1.1.1 Compression Stockings
1.1.2 Compression Bandages & Wraps
1.1.3 Other Compression Garments
1.2 Compression Pumps
1.3 Compression Braces

2. Global Compression Therapy Market, by Application:
2.1 Varicose Vein Treatment
2.2 Deep Vein Thrombosis Treatment
2.3 Lymphedema Treatment
2.4 Leg Ulcer Treatment
2.5 Other Applications

3. Global Compression Therapy Market, by Technique:
3.1 Static Compression Therapy
3.2 Dynamic Compression Therapy

4. Global Compression Therapy Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. 3M Company
2. Medtronic PLC
3. Bio Compression Systems, Inc.
4. BSN Medical
5. Medi GmbH & Co. Kg
6. Paul Hartmann AG
7. Smith & Nephew PLC.
8. Cardinal Health, Inc.
9. Sigvaris
10. Sanyleg S.R.L.
11. Tactile Medical
12. Convatec Inc.
13. DJO Global Inc.
14. Arjohuntleigh (Subsidiary of Getinge Group)
15. Julius Zorn GmbH
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Compression Therapy Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.

Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.

Why BCC Research?

Every purchase provides access to:

  • Thousands of recently published reports from select publishers
  • Member Discounts of up to 50% on over 20,000 additional reports from all publishers
  • Our analysts and research concierge for all inquiries
CUSTOM RESEARCH

Need a custom data table, graph or complete report? Tell us more.

Contact Us
Share This Report