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Global Compression Therapy Market Trajectory & Analytics, 2020-2022 & 2027 – Compression Garments Segment Leads, Pumps to Record High Growth – ResearchAndMarkets.com



DUBLIN–()–The “Compression Therapy – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

Global Compression Therapy Market to Reach $3.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Compression Therapy estimated at US$2.7 Billion in the year 2020, is projected to reach a revised size of US$3.6 Billion by 2027, growing at a CAGR of 3.9% over the analysis period 2020-2027.

Compression Garments, one of the segments analyzed in the report, is projected to record a 3.3% CAGR and reach US$1.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Compression Braces segment is readjusted to a revised 4.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 7.1% CAGR

The Compression Therapy market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$232.7 Million by the year 2027 trailing a CAGR of 7.1% over the analysis period 2020 to 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3% and 3.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.

Compression Pumps Segment to Record 4.9% CAGR

In the global Compression Pumps segment, USA, Canada, Japan, China and Europe will drive the 4.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$533.7 Million in the year 2020 will reach a projected size of US$732.3 Million by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$239.5 Million by the year 2027.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • Impact of Covid-19 and a Looming Global Recession
  • Compression Therapy: A Widely Used Treatment Method for Venous and Lymphatic Diseases
  • Types of Compression Therapy Products
  • Compression Garments
  • Compression Stockings & Socks
  • Compression Pumps
  • Static and Dynamic Compression Therapy
  • Compression Therapy Market: Growth Scenario and Outlook
  • Compression Garments Segment Leads, Pumps to Record High Growth
  • Static Compression Therapy: The Larger Segment
  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS (Total 79 Featured)

  • 3M Company
  • ArjoHuntleigh, Inc.
  • Bio Compression Systems, Inc.
  • BSN Medical GmbH
  • Cardinal Health, Inc.
  • ConvaTec, Inc.
  • DJO Global, Inc.
  • Julius Zorn GmbH
  • Medi GmbH & Co. KG
  • Medtronic PLC
  • Paul Hartmann AG
  • Sanyleg Srl
  • SIGVARIS, Inc.
  • Smith & Nephew PLC
  • Tactile Medical

3. MARKET TRENDS & DRIVERS

  • Rising Prevalence of Chronic Venous Diseases and Need for Preventive Care & Rehabilitation Drives Demand for Compression Therapy Products
  • Global Prevalence of Wounds in Millions by Type
  • Venous Symptoms in CVD Patients: Ranked in Order of Occurrence
  • Prevalence of Different Venous Abnormalities in CVD Patients: Ranked in Order of Occurrence
  • A Review of Key Target Diseases: DVT, Varicose Veins and Lymphedema
  • Deep Vein Thrombosis (DVT)
  • Lymphedema
  • Varicose Veins
  • Growing Geriatric Population with Venous or Limb-related Health Ailments Enhances Importance of Compression Therapy
  • Increasing Incidence of Sports Injuries Drives Demand for Compression Therapy Products
  • Compression Garments Market: An Overview
  • Growing Significance of Compression Stockings in Treatment of Venous Disorders
  • Advent of Aesthetically Pleasing Compression Stockings Fuels Growth
  • Role of Compression Stockings in Treatment of Varicose Veins and Chronic Venous Insufficiency (CVI)
  • Rise in Sclerotherapy-related Surgeries Augurs Well for Compression Therapy Market
  • High Risk of Leg Ulcers and Edema in a Growing Diabetic Population Fuels Demand for Compression Therapy Products
  • Adoption of Sequential Compression Device Systems Continues to Grow

4. GLOBAL MARKET PERSPECTIVE

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/ow3y9c



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