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Global Compression Therapy Market Size, Trends and Growth opportunity, By Product (Compression Garments {Compression Bandages, Compression Stockings [Compression Class I, Compression Class II, Compression Class III]}, Compression Braces, Compression Tapes, Compression Pumps), By Technology (Static Compression Therapy, Dynamic Compression Therapy), By Distribution Channel (Institutional Sales, Hospitals, Clinics, Ambulatory Surgical Centers, Nursing Facilities, Retail Sales, Hospital Pharmacies, Retail Pharmacies, Online Sales), By Application (Varicose Vein Treatment, Deep Vein Thrombosis Treatment, Lymphedema Treatment, Leg Ulcer Treatment), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.


Report ID : IR100972 | Industries : Automotive and Transportation | Published On :March 2024 | Page Count : 6

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  • Global Compression Therapy Market Size, Trends and Growth opportunity, By Product (Compression Garments {Compression Bandages, Compression Stockings [Compression Class I, Compression Class II, Compression Class III]}, Compression Braces, Compression Tapes, Compression Pumps), By Technology (Static Compression Therapy, Dynamic Compression Therapy), By Distribution Channel (Institutional Sales, Hospitals, Clinics, Ambulatory Surgical Centers, Nursing Facilities, Retail Sales, Hospital Pharmacies, Retail Pharmacies, Online Sales), By Application (Varicose Vein Treatment, Deep Vein Thrombosis Treatment, Lymphedema Treatment, Leg Ulcer Treatment), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.
    Global Compression Therapy Market 
    Global Compression Therapy Market was valued at USD 3.6 billion in 2021 and is expected to reach USD 4.11 billion by 2027, at a CAGR 1.32% from 2022-2027.
    Compression Therapy helps increase blood circulation in the lower legs, ankles, and feet. It is an effective treatment for swelling and pain caused by conditions associated with poor circulation, such as chronic venous insufficiency and varicose veins.
    Market Drivers
    The increase in the prevalence of vein disorders such as deep vein thrombosis, leg ulcers, lymphedema, varicose veins, and blood clots is a high impact driver. Products, especially bandages and stockings are being increasingly used to treat the disorders, thus driving the market growth.
    Furthermore, the market is predominantly driven by the growing number of orthopedic procedures because of significant rise in the number of accidents and the obese population globally.
    Market Restraints
    Compression therapy market growth is estimated to be limited in many developing economies due to a lack of awareness of compression as a viable therapeutic option for the management of lymphatic and venous problems. Also, one of the key roadblocks to the market's expansion is the high cost of compression pumps.
    Market Segmentation
    The Global Compression Therapy Market is segmented into product, technology, application, and region.
    Based on technology, it is segmented in static compression therapy, and dynamic compression therapy. Benefits associated with this technology is believed to drive the inclination of patients and physicians, thus accounting for a dominant share.
    Regional Analysis
    The Global Compression Therapy Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
    The North American region is expected to dominate the compression therapy market with a share of maximum in 2022. This is attributable to favorable government reimbursement plans, growing healthcare awareness level, and high incidence of chronic venous disorders.
    Key Players
    Various key players are discussed into the Global Compression Therapy Market Report including: Medi GmbH & Co., Paul Hartmann AG, Julius Zorn GmbH, ArjoHuntleigh, SIGVARIS, Cardinal Health, Stryker, 3M Healthcare, Bio Compression Systems, Inc., and BSN Medical GmbH.
    Market Taxonomy
    By Product
    •    Compression Garment
    •    Compression Bandages
    •    Compression Stockings
    •    Compression Class I
    •    Compression Class II
    •    Compression Class III
    •    Compression Braces
    •    Compression Tapes
    •    Compression Pumps
    •    Others
    By Technology
    •    Static Compression Therapy
    •    Dynamic Compression Therapy
    By Distribution Channel
    •    Institutional Sales
    •    Hospitals
    •    Clinics
    •    Ambulatory Surgical Centers
    •    Nursing Facilities
    •    Retail Sales
    •    Hospital Pharmacies
    •    Retail Pharmacies
    •    Online Sales
    By Application
    •    Varicose Vein Treatment
    •    Deep Vein Thrombosis Treatment
    •    Lymphedema Treatment
    •    Leg Ulcer Treatment
    By Region
    •    North America
    •    Latin America
    •    Europe
    •    Asia Pacific
    •    Middle East & Africa

    Global Compression Therapy Market
    1 Introduction
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Compression Therapy Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Compression Therapy Market, By Product
    5.1 Y-o-Y Growth Comparison, By Product
    5.2 Global Compression Therapy Market Share Analysis, By Product
    5.3 Global Compression Therapy Market Size and Forecast, By Product
    5.3.1 Compression Garment
    5.3.2 Compression Bandages
    5.3.3 Compression Stockings
    5.3.4 Compression Class I
    5.3.5 Compression Class II
    5.3.6 Compression Class III
    5.3.7 Compression Braces
    5.3.8 Compression Tapes
    5.3.9 Compression Pumps
    5.3.10 Others
    6 Global Compression Therapy Market, By Technology
    6.1 Y-o-Y Growth Comparison, By Technology
    6.2 Global Compression Therapy Market Share Analysis, By Technology
    6.3 Global Compression Therapy Market Size and Forecast, By Technology
    6.3.1 Static Compression Therapy
    6.3.2 Dynamic Compression Therapy
    7 Global Compression Therapy Market, By Distribution Channel
    7.1 Y-o-Y Growth Comparison, By Distribution Channel
    7.2 Global Compression Therapy Market Share Analysis, By Distribution Channel
    7.3 Global Compression Therapy Market Size and Forecast, By Distribution Channel
    7.3.1 Institutional Sales
    7.3.2 Hospitals
    7.3.3 Clinics
    7.3.4 Ambulatory Surgical Centers
    7.3.5 Nursing Facilities
    7.3.6 Retail Sales
    7.3.7 Hospital Pharmacies
    7.3.8 Retail Pharmacies
    7.3.9 Online Sales
    8 Global Compression Therapy Market, By Application
    8.1 Y-o-Y Growth Comparison, By Application
    8.2 Global Compression Therapy Market Share Analysis, By Application
    8.3 Global Compression Therapy Market Size and Forecast, By Application
    8.3.1 Varicose Vein Treatment
    8.3.2 Deep Vein Thrombosis Treatment
    8.3.3 Lymphedema Treatment
    8.3.4 Leg Ulcer Treatment
    9 Global Compression Therapy Market, By Region
    9.1 Global Compression Therapy Market Share Analysis, By Region
    9.2 Global Compression Therapy Market Share Analysis, By Region
    9.3 Global Compression Therapy Market Size and Forecast, By Region
    10 North America Compression Therapy Market Analysis and Forecast (2022-2027)
    10.1 Introduction
    10.2 North America Compression Therapy Market Share Analysis, By Product
    10.3 North America Compression Therapy Market Size and Forecast, By Technology
    10.4 North America Compression Therapy Market Size and Forecast, By Distribution Channel
    10.5 North America Compression Therapy Market Size and Forecast, By Application
    10.6 North America Compression Therapy Market Size and Forecast, By Country
    10.6.1 U.S.
    10.6.2 Canada
    10.6.3 Mexico
    11 Europe Compression Therapy Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 Europe Compression Therapy Market Share Analysis, By Product
    11.3 Europe Compression Therapy Market Size and Forecast, By Technology
    11.4 Europe Compression Therapy Market Size and Forecast, By Distribution Channel
    11.5 Europe Compression Therapy Market Size and Forecast, By Application
    11.5 Europe Compression Therapy Market Size and Forecast, By Country
    11.6.1 Germany
    11.6.2 France
    11.6.3 UK
    11.6.4 Rest of Europe
    12 Asia Pacific Compression Therapy Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Asia Pacific Compression Therapy Market Share Analysis, By Product
    12.3 Asia Pacific Compression Therapy Market Size and Forecast, By Technology
    12.4 Asia Pacific Compression Therapy Market Size and Forecast, By Distribution Channel
    12.5 Asia Pacific Compression Therapy Market Size and Forecast, By Application
    12.6 Asia Pacific Compression Therapy Market Size and Forecast, By Country
    12.6.1 China    
    12.6.2 Japan
    12.6.3 India
    12.6.4 Rest of Asia Pacific
    13 Latin America Compression Therapy Market Analysis and Forecast (2022-2027)
    13.1 Introduction
    13.2 Latin America Compression Therapy Market Share Analysis, By Product
    13.3 Latin America Compression Therapy Market Size and Forecast, By Technology
    13.4 Latin America Compression Therapy Market Size and Forecast, By Distribution Channel
    13.5 Latin America Compression Therapy Market Size and Forecast, By Application
    13.6 Latin America Compression Therapy Market Size and Forecast, Country
    13.6.1 Brazil
    13.6.2 Rest of Latin America
    14 Middle East Compression Therapy Market Analysis and Forecast (2022-2027)
    14.1 Introduction
    14.2 Middle East Compression Therapy Market Share Analysis, By Product
    14.3 Middle East Compression Therapy Market Size and Forecast, By Technology
    14.4 Middle East Compression Therapy Market Size and Forecast, By Distribution Channel
    14.5 Middle East Compression Therapy Market Size and Forecast, By Application
    14.6 Middle East Compression Therapy Market Size and Forecast, By Country
    14.6.1 Saudi Arabia
    14.6.2 UAE
    14.6.3 Egypt
    14.6.4 Kuwait
    14.6.5 South Africa
    15 Competitive Analysis
    15.1 Competition Dashboard
    15.2 Market share Analysis of Top Vendors
    15.3 Key Development Strategies
    16 Company Profiles
    16.1 Medi GmbH & Co.
    16.1.1 Overview
    16.1.2 Offerings
    16.1.3 Key Financials
    16.1.4 Business Segment & Geographic Overview
    16.1.5 Key Market Developments
    16.1.6 Key Strategies
    16.2 Paul Hartmann AG
    16.2.1 Overview
    16.2.2 Offerings
    16.2.3 Key Financials
    16.2.4 Business Segment & Geographic Overview
    16.2.5 Key Market Developments
    16.2.6 Key Strategies
    16.3 Julius Zorn GmbH
    16.3.1 Overview
    16.3.2 Offerings
    16.3.3 Key Financials
    16.3.4 Business Segment & Geographic Overview
    16.3.5 Key Market Developments
    16.3.6 Key Strategies
    16.4 ArjoHuntleigh
    16.4.1 Overview
    16.4.2 Offerings
    16.4.3 Key Financials
    16.4.4 Business Segment & Geographic Overview
    16.4.5 Key Market Developments
    16.4.6 Key Strategies
    16.5 SIGVARIS
    16.5.1 Overview
    16.5.2 Offerings
    16.5.3 Key Financials
    16.5.4 Business Segment & Geographic Overview
    16.5.5 Key Market Developments
    16.5.6 Key Strategies
    16.6 Cardinal Health
    16.6.1 Overview
    16.6.2 Offerings
    16.6.3 Key Financials
    16.6.4 Business Segment & Geographic Overview
    16.6.5 Key Market Developments
    16.6.6 Key Strategies
    16.7 Stryker
    16.7.1 Overview
    16.7.2 Offerings
    16.7.3 Key Financials
    16.7.4 Business Segment & Geographic Overview
    16.7.5 Key Market Developments
    16.7.6 Key Strategies    
    16.8 3M Healthcare
    16.8.1 Overview
    16.8.2 Offerings
    16.8.3 Key Financials
    16.8.4 Business Segment & Geographic Overview
    16.8.5 Key Market Developments
    16.8.6 Key Strategies
    16.9 Bio Compression Systems, Inc.
    16.9.1 Overview
    16.9.2 Offerings
    16.9.3 Key Financials
    16.9.4 Business Segment & Geographic Overview
    16.9.5 Key Market Developments
    16.9.6 Key Strategies
    16.10 BSN Medical GmbH
    16.10.1 Overview
    16.10.2 Offerings
    16.10.3 Key Financials
    16.10.4 Business Segment & Geographic Overview
    16.10.5 Key Market Developments
    16.10.6 Key Strategies