Compression Therapy Market Projected to Reach CAGR of 5.7% Forecast by 2029, Global Trends, Size, Share, Growth, Future Scope and Key Player Analysis
COMPRESSION THERAPY MARKET OVERVIEW-
Global Compression Therapy Market, By Technique (Static Compression Therapy, Dynamic Compression Therapy), Product (Compression Garments, Compression Tapes, Compression Pumps, Compression Braces, Compression Pumps), Application (Varicose Vein Treatment, Deep Vein Thrombosis Treatment, Lymphedema Treatment, Leg Ulcer Treatment, Others), End User (Pharmacies and Retailers, Hospitals and Clinics, E-Commerce Platforms)-Industry Trends and Forecast to 2029.
COMPRESSION THERAPY MARKET ANALYSIS AND INSIGHT
- Data Bridge Market Research analyses that the compression therapy market was valued at USD 3.0 billion in 2021 and is further estimated to reach USD 4.67 billion by 2029, and is expected to grow at a CAGR of 5.7% during the forecast period of 2022 to 2029.
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With a systematic problem analysis, model building and fact-finding, Compression Therapy Market research report assists businesses in decision-making and managing marketing of goods and services. This market report gives out the best opportunities available in the market and efficient information with which business can achieve great success. This market report has been framed by taking into account several factors of the present and upcoming market scenario. A good number of top competitors are taken into consideration in this Compression Therapy Market report to obtain the insights on strategic industry analysis of the key factors influencing the market.
COVID-19 Impact on Compression Therapy Market
The COVID-19 had a negative impact on the compression therapy market. The healthcare industry is at the heart of this worldwide pandemic threat, which is predicted to have far-reaching long-term implications. Once the crisis is under control or fades, this is expected to drive countries and significant market actors to implement critical healthcare reforms. Along with the sharp drop in out-patient footfall, elective surgeries, and international patients, the private healthcare sector is facing twice the burden, investing additional manpower, equipment, consumables, and other resources to ensure 100 percent preparedness for safety in hospitals and the eventual treatment of patients. The epidemic has had an impact on the orthopaedics industry, as doctors are being reassigned to treat COVID-19 patients, limiting their ability to focus on ordinary patients.
RECENT DEVELOPMENT
- In March, 2020, SIGVARIS AG, a Swiss compression therapy specialist, has introduced a new line of Coolflex devices to help patients with chronic vein illnesses, such as lymphatic disorders in the arm, heal faster.
COMPRESSION THERAPY MARKET SEGMENTATION
Technique
- Static Compression Therapy
- Dynamic Compression Therapy
Product
- Compression Garments
- Compression Tapes
- Compression Pumps
- Compression Braces
- Compression Pumps
Application
- Varicose Vein Treatment
- Deep Vein Thrombosis Treatment
- Lymphedema Treatment
- Leg Ulcer Treatment
- Others
End User
- Pharmacies and Retailers
- Hospitals and Clinics
- E-Commerce Platforms
COMPRESSION THERAPY MARKET COUNTRY LEVEL ANALYSIS
- The countries covered in the compression therapy market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
KEY PLAYERS COMPRESSION THERAPY MARKET
- 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)
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BASIC QUESTIONS ANSWERED
- What are the key driving factors and challenges in the industry?
- Who are the key market players in the Compression Therapy Market?
- What are the regional growth trends and the leading revenue-generating regions for the Compression Therapy Market?
- How has the Compression Therapy Market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Compression Therapy Market?
- What are the key regional markets?
- What is the major Product Type of Compression Therapy Market?
- What are the major applications of Compression Therapy Market?
MAJOR TOC OF THE REPORT
- Chapter One: Industry Overview
- Chapter Two: Analysis and Insights
- Chapter Three: Major Segmentation Analysis
- Chapter Four: Country Level Analysis
- Chapter Five: Production Market Analysis
- Chapter Six: Sales Market Analysis
- Chapter Seven: Consumption Market Analysis
- Chapter Eight: Production, Sales, and Consumption Market Comparison Analysis
- Chapter Nine: Major Manufacturer’s Production and Sales Market Comparison Analysis
- Chapter Ten: Competition Analysis by Players
- Chapter Eleven: Marketing Channel Analysis
- Chapter Twelve: New Project Investment Feasibility Analysis
Get TOC Details- https://www.databridgemarketresearch.com/toc/?dbmr=global-compression-therapy-market
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