Compression Therapy Devices Market Research Report: Information by Region (Europe, Asia Pacific, North America and South America), Type and Application, Forecast to 2030 (Recession Impact Analysis)
ID : MRU_
96201 | Date :
Jan, 2023 | Pages :
160 | Region : Global |
Publisher : MRU
The Global Compression Therapy Devices Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
Compression therapy devices are used to treat chronic diseases such as, lymphedema, leg-ulcers, phlebitis, thrombosis, and other forms of varicose veins. These devices are also used to prevent venous issues during pregnancy and for long distance travel.
Depending on the pathology, medical compression therapy can be used in different forms such as, socks, stockings, tights, or bandages. Compression pumps are also available in the market which are kept around the affected area. The pump helps in unblocking the trapped fluid and gently compresses the area, reduces the pain and helps to mimic the way the body works generally.
The increasing prevalence of vascular diseases among the obese population, such as, venous veins, leg ulcers, foot ulcers, deep vein thrombosis and diabetic foot ulcers is the major factor fuelling the market for global compression therapy devices market. Increasing awareness on chronic wound associated risk factors and rising obese population also help to propel the growth of the market. Introduction of advanced compression therapy garments and devices in the market is anticipated to add novel opportunities for global compression therapy devices market in the forecast period.
The compression therapy devices market is classified by treatment which includes static compression therapy and dynamic compression therapy. The static compression therapy segment is further segmented in compression bandages, compression garments and diabetic shoes. The dynamic compression therapy segment is also classified as pumps and sleeves. The market by application can be categorized into varicose veins treatment, deep vein thrombosis treatment, lymphedema treatment, leg ulcer treatment and others. The market based on the end user is segmented as hospitals, ambulatory surgical centers and others.
As the report focuses on global Compression Therapy Devices Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
This report focuses on Compression Therapy Devices volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Compression Therapy Devices market size by analysing historical data and future prospect.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Medtronic
3M
Smith & Nephew
Sigvaris
Hartmann Group
Medi
BSN medical
ArjoHuntleigh
Juzo
Gottfried Medical In Market segmentation by geographical regions, the report has analyzed the following regions- North America (USA, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, Columbia etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Static Compression Therapy
Dynamic Compression Therapy In Market segmentation by applications :
Hospitals
Clinics
Ambulatory Surgical Centers
Others
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Compression Therapy Devices Market for the forecast period 2023 - 2030?
• What are the driving forces in the Compression Therapy Devices Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Compression Therapy Devices industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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