Compression Therapy Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Compression therapy is a medical procedure in which external pressure is applied to the skin and underlying structure (organ) to promote normal flow of venous blood in the body. Compression therapy is recognized as a gold standard of treatment for lymphedema, chronic venous insufficiency, and deep vein thrombosis. This is because it is safe, easy-to-use and provide effective treatment in a short time span. Compression therapy aims to increase venous and lymphatic fluid in the limb through the utilization of an external force (exerted by compression products). This report studies the current scenario as well as future market potential for compression therapy globally. This report comprises an elaborate executive summary, which includes a market snapshot that provides market dynamics of various segments and sub-segments that are included in the report in a precise manner. Moreover, executive summary comprises waterfall diagram, which reflects the market size of various segments in descending order.
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A detailed qualitative analysis of the factors responsible for driving and restraining the growth of the global compression therapy market and future opportunities has been provided in the market overview section. This section of the report also provides market attractiveness analysis, Porter’s Five Forces analysis, and heat map analysis of the key players operating in the compression therapy market. The research report also provides value chain (distribution) analysis from the supplier of the raw material to the end-users (patients).
Based on technology, the global compression therapy market has been segmented into static and dynamic technologies. The market for these technologies has been extensively analyzed based on consistency, effectiveness, and sales revenue of the various techniques developed by the manufacturers. The market size and forecast in terms of USD million for each technology has been provided for the period from 2013 to 2023. The report on the compression therapy market also provides compound annual growth rate (CAGR %) for each of the market segments mentioned above for the forecast period from 2015 to 2023, considering 2014 as the base year.
Based on products, the global compression therapy market has been segmented into compression pump, compression bandage, compression stocking, and compression tape. The market for these products has been extensively analyzed based on consistency, effectiveness, and sales revenue of the various products developed by the manufacturers. The market size and forecast in terms of USD million for each product (category) has been provided for the period from 2013 to 2023. The report on the compression therapy market also provides compound annual growth rate (CAGR %) for each of the market segments and sub-segments mentioned above for the forecast period from 2015 to 2023, considering 2014 as the base year.
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Geographically, the compression therapy market has been categorized into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. The market size and forecast for each of these regions have been provided for the period from 2013 to 2023 along with CAGR (%) for the forecast period from 2013 to 2023. The research study also incorporates the competitive scenario of major players in these regions.
A list of recommendations has been provided for new entrants to help establish a strong presence and for existing market players to increase their market shares. The report concludes with the profiles of major players in the compression therapy market based on various attributes such as company overview, financial overview, business strategies, product portfolio, and recent developments. Major players profiled in this report include 3M Health Care, ArjoHuntleigh, BSN medical, Medtronic plc, Bio Compression Systems, Inc., medi GmbH & Co. KG, PAUL HARTMANN AG, and SIGVARIS MANAGEMENT AG.
The global compression therapy market is segmented as follows:
Global Compression Therapy Market, by Technology
Static
Dynamic
Global Compression Therapy Market, by Product
Compression Pump
Intermittent
Sequential
Compression Stocking
Compression bandage
Compression Tape
Global Compression Therapy Market, by Geography
North America
U.S.
Canada
Europe
U.K.
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Italy
Rest of Europe
Asia Pacific (APAC)
Japan
China
Rest of APAC
Latin America (LATAM)
Brazil
Mexico
Rest of LATAM
Middle East and Africa (MEA)
Saudi Arabia
UAE
Rest of MEA
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