What is the global market size of Compression Therapy Market?

Global Compression Therapy Market size was valued at USD 3.9 billion in 2022 and is poised to grow from USD 4.11 billion in 2023 to USD 6.26 billion by 2031, growing at a CAGR of 5.40% during the forecast period(2024-2031).

Compression Therapy Market Regional Analysis

Q: Who are the key vendors in the Compression Therapy Market?

The main competitors in the compression therapy market are concentrating their efforts on expanding their worldwide and regional customer bases through acquisitions, mergers, and expansions. Companies in the compression therapy market use acquisition, regulatory clearances, and the introduction of new products as their main strategies. Key businesses are focusing their efforts on the creation of advanced and affordable products as well as ondistribution deals to broaden their market reach, notably in Asia Pacific.In our Compression Therapy market reports, some of the leading CompressionTherapy players are as follows: medi GmbH & Co. KG (Germany), Medtronic plc(Ireland), SIGVARIS GROUP. (US), Juzo (Germany), PAUL HARTMANN AG(Germany), 3M (US), Spectrum Healthcare. (India), BIOCOMPRESSION SYSTEMS(US), Gottfried Medical, Inc. (US), BSN medical (Germany), Arjo. (Sweden),DJO, LLC (US), Tactile Medical (US), SANYLEG SRL a socio unico (Italy),Cardinal Health. (US), Devon Medical Products (US), THUASNE SAS (US), ACIMedical, LLC (US), Ofa Bamberg GmbH (Germany), Mego Afek A.C. ltd.(Israel), Medline Industries, Inc. (US) '3M (US) ', 'ArjoHuntleigh(Sweden) ', 'Bio Compression Systems, Inc. (US) ', 'Cardinal Health, Inc.(US) ', 'ConvaTec Inc. (UK) ', 'Julius Zorn GmbH (Germany) ', 'Medi GmbH &Co. KG (Germany) ', 'Paul Hartmann AG (Germany) ', 'Sanyleg S.r.l.(Italy) ', 'Sigvaris Group (Switzerland) ', 'Smith & Nephew PLC (UK) ','Tactile Medical Systems Technology, Inc.' ('Tactile Medical') (US) ', 'MegoAfek Ltd. (Israel) ', 'Medline Industries, LP (US) ', 'Gottfried Medical,Inc. (US) ', 'ThermoTek, Inc. (US) ', 'Bauerfeind AG (Germany) ', 'OFABamberg GmbH (Germany) ', 'ACI Medical, LLC (US) ', 'Airos Medical Inc.(US) ', 'Barcelcom Têxteis, S.A. (Portugal) ', 'Cizeta Medicali S.p.A.(Italy) ', 'Bosl Medizintechnik (Germany)'

Skyquest Technology's expert advisors have carried out comprehensive global market analysis on the compression therapy market, covering regional industry trends and market insights. Our team of analysts have conducted in-depth primary and secondary research to provide regional industry analysis and forecast of compression therapy market across North America, South America, Europe, Asia, the Middle East, and Africa.

Compression Therapy Market Regional Insights

North America is anticipated to hold the greatest market share for compression therapy in 2021. This is mostly due to the increase in orthopaedic and spinal operations, the rise in lymphedema, varicose veins, and DVT cases, the frequency of sports injuries, and the existence of several compression therapy product producers in the area.

According to Safe Kids Worldwide, a global organisation devoted to preventing child injuries, there are over 1.3 million incidents of sports-related injuries among children recorded each year in the United States. Compression therapy will be employed more frequently during the recovery phase as traffic accidents rise in this area, resulting in market expansion. The North American market for compression therapy devices is estimated to be valued US$ 1.3 billion and grow at a CAGR of 5.6% over the following few years.

In addition, it is anticipated that the rise in the obese population and the growing occurrence of diabetes would increase demand for compression gear, which will in turn propel the market for compression therapy devices in the years to come.

Due to the increased spending on R&D by prominent key players, Asia-Pacific is predicted to experience considerable growth in the compression therapy market. In the upcoming years, it is also projected that ongoing efforts to commercialise goods at a reduced cost will fuel the expansion of the compression therapy market in the region.

Compression Therapy Market Report Snapshots

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FAQs

Compression Therapy Market size was valued at USD 4.11 Billion in 2023 and is poised to grow from USD 4.33 Billion in 2024 to USD 6.6 Billion by 2032, growing at a CAGR of 5.40% during the forecast period (2025-2032).

Compression Therapy players are as follows: medi GmbH & Co. KG (Germany), Medtronic plc (Ireland), SIGVARIS GROUP. (US), Juzo (Germany), PAUL HARTMANN AG (Germany), 3M (US), Spectrum Healthcare. (India), BIOCOMPRESSION SYSTEMS (US), Gottfried Medical, Inc. (US), BSN medical (Germany), Arjo. (Sweden), DJO, LLC (US), Tactile Medical (US), SANYLEG SRL a socio unico (Italy), Cardinal Health. (US), Devon Medical Products (US), THUASNE SAS (US), ACI Medical, LLC (US), Ofa Bamberg GmbH (Germany), Mego Afek A.C. ltd. (Israel), Medline Industries, Inc. (US) '3M (US) ', 'ArjoHuntleigh (Sweden) ', 'Bio Compression Systems, Inc. (US) ', 'Cardinal Health, Inc. (US) ', 'ConvaTec Inc. (UK) ', 'Julius Zorn GmbH (Germany) ', 'Medi GmbH & Co. KG (Germany) ', 'Paul Hartmann AG (Germany) ', 'Sanyleg S.r.l. (Italy) ', 'Sigvaris Group (Switzerland) ', 'Smith & Nephew PLC (UK) ', 'Tactile Medical Systems Technology, Inc. ("Tactile Medical") (US) ', 'Mego Afek Ltd. (Israel) ', 'Medline Industries, LP (US) ', 'Gottfried Medical, Inc. (US) ', 'ThermoTek, Inc. (US) ', 'Bauerfeind AG (Germany) ', 'OFA Bamberg GmbH (Germany) ', 'ACI Medical, LLC (US) ', 'Airos Medical Inc. (US) ', 'Barcelcom Têxteis, S.A. (Portugal) ', 'Cizeta Medicali S.p.A. (Italy) ', 'Bosl Medizintechnik (Germany)'

There have been rapid technological advancements in the field of wound care, as well as an increase in the number of clinics offering prevention and rehabilitation services.

For patients with cystic fibrosis (CF), the most recent high frequency chest compression (HFCC) technology is used to remove mucus discharges from airways and enhance lung function. The system comprises of a variable air pulse delivery system and a non-stretch inflatable vest worn by the patient to cover the chest bandages. The bandages are applied at full stretch and feature printed ovals or rectangles for improved bandage extension.

Compression Therapy Market Regional Analysis

Compression Therapy Market Regional Insights

Compression Therapy Market Report Snapshots

FAQs

What is the global market size of Compression Therapy Market?

Who are the key vendors in the Compression Therapy Market?

What is the key driver of Compression Therapy Market?

What is the key market trend for Compression Therapy Market?

Which region accounted for the largest share in Compression Therapy Market?

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