Press Release

Compression Therapy Market to be Dominated by Compression Bandages Through 2028

Rising incidence of Orthopedic Procedures is driving the growth of the market in the forecast period 2024-2028.


According to the TechSci Research report, Compression Therapy
Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, Global Compression Therapy market is projected to increase at an impressive rate in the forecast period 2024-2028. In compression therapy, lower limbs are subjected to regulated pressure to improve lymphatic and venous system functions and blood flow. It is both the most well-known and crucial method of treating venous and lymphatic disorders. Compression therapy market growth is anticipated to be primarily driven by factors including the rising prevalence of vein disorders like venous leg ulcers, lymphedema, deep vein thrombosis, etc., the growing geriatric population, and the rising adoption of pressure therapies for treating these vein disorders. Additionally, increasing healthcare expenditure in developed and emerging economies has led to improved access to healthcare services, including compression therapy. Moreover, the expanding healthcare infrastructure and reimbursement coverage for compression therapy in many countries are supporting the growth of the global compression therapy market.


However, there are a number of challenges that could limit the expansion of the global market for Compression Therapy, including the lack of awareness, compliance and adherence issues, size and fit challenges, cost and reimbursement limitations, among others. Many patients, healthcare providers, and caregivers may have limited awareness or understanding of compression therapy and its benefits. Lack of education about the appropriate use, application, and benefits of compression therapy can result in underutilization or improper utilization of compression products, leading to suboptimal outcomes. Additionally, adherence to prescribed compression therapy regimens can be challenging for some patients. Compression garments or devices may be uncomfortable, difficult to put on or take off, or cause skin irritation.


Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "
Compression Therapy Market


The Compression Therapy market is segmented based on Product, Portability, Method, Application, and End-Use.

Based on product, the market is categorized into Compression Bandages, Compression Wraps, Compression Stockings (Class I, Class II, Class III), Compression Tapes, Compression Pumps, Compression Braces, and Others. Compression Bandages segment is dominating the growth of the market throughout the forecast period. The factors responsible for the growth of the market are high adoption in the lower limb lymphatic and venous diseases treatment as well as edema. Bandages are believed to have advantages including high-tension sustainability and high-cost efficiency, extensibility, and flexibility that account for their widespread use in a variety of venous disorders which, in turn, increases the adoption and drive the growth of the market.

Based on technique, the market is divided into Static Compression Therapy and Dynamic Compression Therapy. The Static Compression category dominated the market for advanced wound care in 2021, accounting for highest revenue share. Benefits of static compression are thought to influence physicians and patients alike, accounting for a leading share of the market. Furthermore, static compression therapy is easily available in treating edema and sports-related injuries to enable pain and pressure relief which, in turn, drives the growth of the market.

Based on application, the market is categorized into Varicose Vein Treatment, Deep Vein Thrombosis Therapy, Lymphedema Treatment, Leg Ulcer Treatment, and Others. Varicose Vein Treatment segments lead the growth of the market throughout the forecast period. As compression therapy is the first line of treatment in various vein illness, age-related degeneration and obesity are estimated to support the growth of the segment. Based on distribution channel, the market is divided into Pharmacies & Retails, Hospitals & Clinics, E-commers Platform, and Home Care Settings. In 2021, the Pharmacies & Retails segment revenue share was highest.


Major companies operating in the Compression Therapy market
are:

  • Cardinal Health
  • Julius Zorn GmbH
  • Hartmann AG
  • Medi GmbH & Co.
  • SIGVARIS
  • BSN Medical GmbH
  • Arjo Huntleigh
  • 3M Health Care
  • Spectrum Healthcare
  • Bio Compression Systems, Inc.
  • Stryker
  • Gottfried Medical.


Recent Development

The revised compression therapy solutions from AIROS Medical Inc. were released in July 2020. For the first time in three years, the company's new AIROS 6 Sequential Compression Therapy gadget and Arm Plus clothing have received FDA approval.


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North America is expected to dominate in the global compression therapy market during the forecast period on account of the growing aging population, increasing prevalence of chronic diseases, and high awareness among healthcare providers and patients about the benefits of compression therapy. Additionally, in North America, there is a strong focus on evidence-based practice and guidelines, with standardized protocols for the appropriate use of compression therapy in different conditions. The market is characterized by the presence of established players offering a wide range of compression products, including compression stockings, bandages, sleeves, and other devices. said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.  


“Compression Therapy Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F”,
Segmented By Product {Compression Bandages, Compression Wraps, Compression Stockings (Class I, Class II, Class III), Compression Tapes, Compression Pumps, Compression Braces, Others}, By Technique (Static Compression Therapy, Dynamic Compression Therapy), By Application (Varicose Vein Treatment, Deep Vein Thrombosis Therapy, Lymphedema Treatment, Leg Ulcer Treatment, Others), By Distribution Channel (Pharmacies & Retails, Hospitals & Clinics, E-commers Platform, Home Care Settings), By Company and By Region, has evaluated the future growth potential of Compression Therapy market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Compression Therapy market.”


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