Compression therapy is a treatment which is specially designed to support your veins and increase circulation in your legs. This therapy can be applied in various forms such as socks, stockings, pantyhoses and sleeves. Global compression therapy market was valued at $XX billion in 2017 and is expected to reach $XX billion by 2025 with a CAGR of XX% during the forecast period from 2019-2025. The factors like clinical evidence favouring the adoption of compression therapy in the management of target diseases and increasing incidence of sports injuries & accidents and the presence of a large target patient population are fuelling the market growth. The factors like low patient compliance for compression garments and lack of universally accepted standards for compression products are hindering the market growth. Rising patient awareness regarding the benefits of compression therapy in target disease management coupled with growth potential offered by emerging markets are the factors profiting the market growth.
Research Study Objectives:
- Define, estimate, and forecast the Compression Therapy market statistics by product, technique, application and regions concerning the individual growth drivers, market trends and their contribution toward the Compression Therapy market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Compression Therapy Market Analysis report.
- Analysis and conclusions on the future Compression Therapy market outlook.
Top-down and bottom-up approaches are used to validate the Compression Therapy Market Size and are used to estimate the size of other
dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Compression Therapy Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Compression Therapy market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Compression Therapy market segmentation is as follows:
By Product
- Compression Pumps
- Compression Braces
- Compression Garments
- Compression Bandages & Wraps
- Compression Stockings
- Others
By Technique
- Dynamic Compression Therapy
- Static Compression Therapy
By Application
- Lymphedema Treatment
- Leg Ulcer Treatment
- Deep Vein Thrombosis Treatment
- Varicose Vein Treatment
- Others
Geographical Analysis:
Compression Therapy Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia &
New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Compression Therapy Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Compression Therapy Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Compression Therapy market players, such as
- Getinge Group
- Julius Zorn GmbH
- Paul Hartmann AG
- Smith & Nephew PLC.
- Cardinal Health, Inc.
- Along with these companies, many other companies are considered in the report while analysing the Global Compression Therapy competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
