The Compression Therapy Market is anticipated to touch USD 2600 million at a 5% CAGR between 2021- 2027.
Compression therapy is the process of supporting a vein by applying pressure evenly over the painful area. Most compression therapy tools are designed to be worn by the user. It usually comes in the form of stockings or socks, but other forms such as shin sleeves, elbow sleeves, and masks are also on the market. Compression therapy is specifically designed to promote blood flow and support veins. Specially designed stockings provide gentle pressure on the ankles and legs and reduce swelling and discomfort. Different garments are designed to apply different pressures to different points on the feet and legs.
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Market Segments
By Technique
- Static Compression Therapy
- Dynamic Compression Therapy
By Product
- Compression Garments
- Compression Braces
- Compression Pumps
By Application
- Varicose Vein Treatment
- Deep Vein Thrombosis Treatment
- Lymphedema Treatment
- Leg Ulcer Treatment
By Distribution Channel
- Pharmacies & Retailers
- Hospitals & Clinics
- E-Commerce Platforms
Key Players
The major players in this market are DJO Global, Inc. (US), BSN medical (Germany), medi GmbH & Co. KG (Germany), Tactile Medical (US), SIGVARIS (Switzerland), Sanyleg S.r.l. (Italy), 3M Company (US), ConvaTec Inc. (US), ArjoHuntleigh (Getinge Group, Sweden), and Julius Zorn GmbH (Germany).
Scope of the Report
The research study analyzes the global Compression Therapy industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Compression Therapy Market Report
1. What was the Compression Therapy Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Compression Therapy Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Compression Therapy Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Compression Therapy market.
- The market share of the global Compression Therapy market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Compression Therapy market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Compression Therapy market.
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