Compression Therapy Market Business Scenario, Size, Share, Growth, Insights, Industry Analysis, Trends and Forecasts Report 2030

Compression Therapy Market

The global compression therapy market size is expected to reach USD 4.77 Billion at a steady revenue CAGR of 5.2% in 2030, according to latest analysis by Emergen Research. Clinical evidence favoring adoption of compression therapy in target condition management is a major factor driving market revenue growth. For instance, poor blood flow, often known as Chronic Venous Insufficiency (CVI), is a frequent ailment treated with compression treatment. According to research, CVI affects between 25% and 40% of women and 10% to 20% of males. Compression stockings and athletic clothing are becoming increasingly prevalent. Compression treatment increases performance, decreases post-exercise discomfort, and lowers risk of blood clots in athletes, hence driving market revenue growth.

This report is a fair prototype of the Compression Therapy-industry containing an in-depth study of the global Compression Therapy market. This report serves as a valuable source of data and information related to this industry. It covers various industry aspects with a particular focus on market scope and application areas. The report identifies the fundamental business strategies adopted by industry experts and offers an insightful study on the value chains and distribution channels of the global market. The report authors have also analyzed current industry trends, growth potential, current overview, and market limitations.

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The Compression Therapy industry is segmented in this report based on manufacturers, regions, product types, and applications. The study can help understand the industry and define progress strategies for the company / key players. Provides a detailed analysis of new entrants or existing competitors in the Compression Therapy industry, ranging from industry positioning and marketing channels to potential growth strategies.

3M, Arjo, Biocompression Systems, Essity Medical Solutions, Cardinal Health, Convatec Inc., DJO, LLC., Juzo, Paul Hartmann AG, and Sanyleg Srl.

Some Key Highlights from the Report

  • On 10 June 2022, Normatec 3 by Hyperice, the latest generation of iconic Normatec series, which utilizes dynamic air compression to promote everyday health and help in faster recovery, improved training, and optimal performance, was introduced by Hyperice, a worldwide high-performance wellness brand. Scientific studies have shown that using Normatec after exercise can lower pain sensitivity and muscular tiredness while also improving range of motion.
  • The compression garments segment is expected to account for largest revenue share during the forecast period. This is attributed to their broad application portfolio, including varicose veins, edema, and DVT, as well as proven use in key markets for the therapy of various chronic diseases. For example, compression garments have become increasingly popular in sportswear. Compression garment efficacy, safety, pressure distribution, and retention are key factors that have a significant influence on user’s health. They’ve been employed in treatment of chronic venous disease, scar care, orthopedic supports, sportswear, and body sculpting. As a result, above factors are expected to drive market revenue growth of this segment.
  • The lymphedema treatment segment is expected to register a high revenue growth rate during the forecast period. This is attributed to increasing prevalence of lymphedema, wide usage of compression garments as an adjunctive therapy, and increased availability of funding. For example, on 10 August 2021, Koya Medical, a healthcare company that focuses on developing innovative treatment options for lymphedema and venous diseases, announced that Centers for Medicare & Medicaid Services (CMS) has assigned new billing codes to Dayspring, its wearable and active compression therapy system for lymphedema, in accordance with Healthcare Common Procedure Coding System (HCPCS). Dayspring, the first wearable and mobility-enabling active compression device has been approved by the Food and Drug Administration (FDA) to treat lymphedema and other associated disorders. On 01 October 2021, providers will be allowed to use these new codes.

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Emergen Research has segmented the global compression therapy market based on product, technique, application, distribution channel, and region:

  • Product Outlook (Revenue, USD Billion; 2019–2030)
    • Compression Garments
      1. Compression Stockings
      2. Compression Bandages and Wraps
      3. Others
    • Compression Pumps
    • Compression Braces
  • Technique Outlook (Revenue, USD Billion; 2019–2030)
    • Static Compression Therapy
    • Dynamic Compression Therapy
  • Application Outlook (Revenue, USD Billion; 2019–2030)
    • Varicose Vein Treatment
    • Deep Vein Thrombosis Treatment
    • Lymphedema Treatment
    • Leg Ulcer Treatment
    • Others
  • Distribution Channel Outlook (Revenue, USD Billion; 2019–2030)
    • Pharmacies & Retailers
    • Hospitals & Clinics
    • E-Commerce Platforms

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The report covers brief analysis of the impact of the Covid-19 outbreak on the Compression Therapy Market. The prolonged lockdown and disrupted supply chain across coupled with strict restrictions on international trade have a severe impact on the Compression Therapy Market growth. The Covid-19 pandemic increased the prices of raw materials and changed customer preferences.

What Questions Should You Ask before Buying a Market Research Report?

  • How is the Compression Therapy market evolving?
  • What is driving and restraining the Compression Therapy market?
  • How will each Compression Therapy submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2030?
  • How will the market shares for each Compression Therapy submarket develop from 2022 to 2030?
  • What will be the main driver for the overall market from 2022 to 2030?
  • Will leading Compression Therapy markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
  • How will the market shares of the national markets change by 2030 and which geographical region will lead the market in 2030?
  • Who are the leading players and what are their prospects over the forecast period?

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You need to discover how this will impact the Compression Therapy market today, and over the next 10 years:

  • Our 250-page report provides 194 tables and 189 charts/graphs exclusively to you.
  • The report highlights key lucrative areas in the industry so you can target them – Now.
  • It contains in-depth analysis of global, regional and national sales and growth.
  • It highlights for you the key successful trends, changes and revenue projections made by your competitors.

This report tells you Today how the Compression Therapy market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

Thank you for reading our report. Customization of the report is available according to the requirements of clients. In case of further queries about the report, do get in touch with us. Our team will make sure your report is tailored according to your needs.

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