Compression Therapy Market By Segmentation, By Region, and By Country 2021 2030 | Says Kenneth Research

Kenneth Research recently added a report on ‘Compression Therapy Market’ in its database of market research reports which provides its readers an in-depth analysis on the latest trends, growth opportunities and growth drivers that are associated with the growth of the market. The report additionally shares critical insights on the COVID-19 impacts on the Compression Therapy Market, along with the compound growth rate (CAGR) of the market for a projected period between 2021 2025. The report also includes analysis of the market by utilizing different analytical tools, such as PESTEL analysis and Porter’s five forces analysis. These tools also provide an in-depth analysis on the micro and macro-environmental factors that are associated with the growth of the market during the forecast period.

The global Compression Therapy Market was valued at USD 2.33 billion in 2016 and is projected to reach USD 3.37 billion by 2025, growing at a CAGR of 4.2% from 2017 to 2025.
Compression therapy is basically known to work on two principles, which are increased pressure and temperature control. The Highest demand of the devices offering compression therapy is seen in sports and athletics. The Market is seeing rise because of increasing sport and fitness activities all over globe and also because of larger share of older age group in the entire population.

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Market Dynamics:
1. Market Drivers
1.1 Large count of targeted patients
1.2 Growingnumber of sport injuries and accidents
1.3 Growing technological developments in orthopedics
1.4 Better results with Compression therapy with clinical evidences

2. Market Restraints
2.1 Lack of universally set standards for Compression products
2.2 Less support of patients

Market Segmentation:
1. Global Compression Therapy Market, by Product:
1.1 Compression Garments
1.1.1 Compression Stockings
1.1.2 Compression Bandages & Wraps
1.1.3 Other Compression Garments
1.2 Compression Pumps
1.3 Compression Braces

2. Global Compression Therapy Market, by Application:
2.1 Varicose Vein Treatment
2.2 Deep Vein Thrombosis Treatment
2.3 Lymphedema Treatment
2.4 Leg Ulcer Treatment
2.5 Other Applications

3. Global Compression Therapy Market, by Technique:
3.1 Static Compression Therapy
3.2 Dynamic Compression Therapy

4. Global Compression Therapy Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. 3M Company
2. Medtronic PLC
3. Bio Compression Systems, Inc.
4. BSN Medical
5. Medi GmbH & Co. Kg
6. Paul Hartmann AG
7. Smith & Nephew PLC.
8. Cardinal Health, Inc.
9. Sigvaris
10. Sanyleg S.R.L.
11. Tactile Medical
12. Convatec Inc.
13. DJO Global Inc.
14. Arjohuntleigh (Subsidiary of Getinge Group)
15. Julius Zorn GmbH
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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Research study on the Compression Therapy Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.

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Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

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Christophe Rude

Christophe Rude

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