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Compression Therapy Market - Industry Analysis, Size, Share, Growth, Trends and Forecast to 2025

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Compression therapy involves the use of specifically designed stockings that are used to increase the blood flow activity in the limbs or other parts of the body by strengthening vein support. Compression garments provides a certain amount of gradua
COMPRESSION THERAPY MARKET
Global Industry Insights, Trends, Outlook, and
Opportunity Analysis, 2017–2025
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REPORT DESCRIPTION
Compression Therapy Market Overview
Compression therapy involves the use of specifically designed stockings that are used to
increase the blood flow activity in the limbs or other parts of the body by strengthening vein
support. Compression garments provides a certain amount of graduated pressure that helps to
control the leg swelling and discomfort caused by venous diseases. In case of pneumatic
compression therapy, compression pumps are used to treat leg ulcers, while static compression
therapy uses bandages, stockings, diabetic shoes and socks as per patient requirement.
Compression therapy is majorly used in the treatment of varicose veins, deep vein
thrombosis (DVT), lymphedema, venous leg ulcers, gravitational eczema and venous
thrombolism (VTE). Compression therapy is majorly used for the active treatment of ulcers and
in preventing its recurrence. According to Vascular Disease Foundation, chronic venous
insufficiency majorly affects 50% of the adult population worldwide. This therapy is also
preferred by sportspersons and athletes for treating musculoskeletal and spinal injuries.
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Recent advancements in compression therapy includes various product innovations and new
technologies that are user friendly and adapts according to patient requirements. In 2016,
COOLSYSTEMS, INC. developed ACCEL technology helping in integrated pneumatic compression
and cold therapy.
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REPORT DESCRIPTION
Compression therapy market taxonomy:
On the basis of technology, the compression therapy market is classified into:
• Static compression therapy
• Dynamic compression therapy
On the basis of product type, the compression therapy market is classified into:
• Compression pumps
• Compression bandages
• Compression stockings
• Compression tapes
On the basis of end user, the compression therapy market is classified into:
• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Home Care Settings
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REPORT DESCRIPTION
Increase in awareness about venous diseases and injuries due to adventure activities and sports
are driving the growth of compression therapy market. For instance, according to Safe Kids
Worldwide, a global organization which is committed to prevent injuries in children, around 1.3
million cases of sports injuries in youngsters are registered in the U.S every year. Moreover,
growing aging population and increasing prevalence of diabetes are also supporting the growth of
the compression therapy market in the region. According to the International Diabetes
Federation, the prevalence of diabetes is expected to grow from 366 million in 2011 to 552 million
by 2030 worldwide that is expected to augment the market growth in the future. Also the rise in
DVT cases add to the growth of the market. As per the Centers for Disease Control and Prevention
(CDC), the annual incidence of DVT in the U.S. is 1 per 1000 people. The CDC also states that
60,000-100,000 patients suffered from DVT in 2016 in the U.S.
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Key players in the global compression therapy market include Getinge AB, 3M, BSN Medical,
Medtronic, SIGVARIS, FlowAid Medical Technologies, Bio Compression Systems, IntelliSkin,
ConvaTec, Devon Medical Products, ElastiMed, Kinesio, KT Health and Laboratoires
Innothera S.A.S. Companies are striving to increase their market share through inorganic and
collaborative growth strategy. For instance, FarrowMed Medical solutions was acquired by
BSN medicals in 2015. This helped BSN medical to expand its lymphedema treatment
solutions portfolio.in different regions.
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