Infinium Global Research Compression Therapy Market | Page 2
A latest report has been added to the wide database of Compression Therapy Market by Infinium Global Research. This
report studies the Compression Therapy Market by product (compression pump, compression bandage, compression stocking
and compression tape), disease condition (lymphedema, VTE and others), technology (static, dynamic) market status and
outlook of global and major regions, from manufacturers, and end industries. The objective of the study is to identify market
sizes of different segments & countries in recent years and to forecast the values for the next six years. Compression Therapy
Market provides opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive
landscape, latest trends, and product offerings of the major companies in the Compression Therapy Market. The Global
Compression Therapy market is projected to reach USD X.XX billion by 2023, growing with a CAGR of 5.0 % to 5.5 % from 2017
to 2023. The global compression therapy market was worth USD 2.72 billion in 2015. Compression therapy involves wearing
specially designed bandages, hosiery, socks or stockings, tapes for strengthening the support for veins and thereby increasing
the blood circulation in the legs. Compression therapy materials apply gentle pressure to the ankles and legs. It helps in
controlling the discomfort and swelling of legs. During the therapy, due to compression, muscular vibration is reduced
significantly and delayed muscle soreness is prevented. Compression therapy stockings are manufactured by using elastic
apparels. When these garments are used, the compression start at the ankles and then the action gradually moves upwards.
Static compression therapy and dynamic compression therapy are the two types of compression therapy.
Market Insights
Globally, the presence of large geriatric population with specific healthcare requirements related to venous or limb ailments is
a prime factor that is anticipated to drive the growth of the compression therapy market. Increasing awareness about various
venous diseases and injuries, along with the increase in participation in adventure and sporting activities are the major factors
driving the growth of the compression therapy market. Compression pumps segment is expected to be the fastest growing
segment in the global compression therapy market, due to the increasing number of patients with chronic illnesses related to
limbs. Static compression therapy segment accounts for majority of revenue in the global compression therapy. Easier
application as well as removal drives the increasing usage of the static compression therapy products
Segments Covered:
The report segments the global compression therapy market by product, disease condition and region. The segmentation
based on product includes compression pump, compression bandage, compression stocking and compression tape. On the
basis of disease condition, the market is segmented as lymphedema, VTE and others.
[Type text]