Compression Therapy Market: By Technology, By Product, By Application and Geography

Compression Therapy Market Size, Share, Growth, Trends, and Global Industry Analysis: By Technology (Static Compression Therapy, Dynamic Compression Therapy), By Product (Compression Stockings, Compression Bandages & Wraps, Compression Garments, Compression Pumps, Compression Braces), By Application (Venous Leg Ulcers, Deep Vein Thrombosis Treatment, Lymphedema Treatment, Leg Ulcer Treatment, Other Applications) and Region

Compression Therapy Market size was valued at US$ 3.9 billion in 2023 and it is projected to grow at a significant CAGR of 5.8% over 2024-2030. Compression therapy, which involves applying external pressure to the human body, is the most well-known and crucial supplementary treatment for venous and lymphatic illnesses. The rising launch of compression therapy devices is also expected to drive the growth of this market. Doctors have prescribed compression therapy for thousands of years, as far back as the Hippocrates of ancient Greece. The increased acceptance of preventative care and/or rehabilitation as a long-term approach to handling various venous disorders is driving the global compression therapy market growth. Poor blood flow, often known as chronic venous insufficiency (CVI), is a frequent ailment treated with compression therapy.

Compression Therapy Market

According to Trusted Source research from 2014, CVI affects 25 to 40% of women and 10 to 20% of males. Because older adults are more sensitive to numerous health issues, the growing global geriatric population is considered a significant factor promoting market expansion. These variables drive patient demand for and use of various treatment modalities, such as compression therapy. Compression therapy products are becoming more popular as a first-line treatment for significant target indications and post-lasik surgery rehabilitation.

Today, different grades of compression stockings are available, ranging from over-the-counter support hoses to prescription devices. Emerging economies such as China, India, Brazil, and Mexico are expected to provide many potential possibilities for compression therapy market competitors during the projected period. In 2021, the compression garments segment had the most market share. This can majorly be attributed to the use of compression garments in a wide range of indications, such as varicose veins, edema, Deep vein thrombosis (DVT), lymphedema, and management of several chronic conditions.

Compression Therapy Market Key Developments

  • In January 2022, Convatec Group Plc a global medical solutions company focused on the management of chronic conditions, is pleased to announce that it has entered into a definitive agreement to acquire Triad Life Sciences Inc, a US-focused medical device company that develops biologically-derived innovative products to address unmet clinical needs in surgical wounds, chronic wounds and burns.
  • In July 2021, Essitys acquisition of ABIGO Medical is completed. The process following the acquisition of the remaining 25% of the shares of ABIGO Medical AB is completed and the company is now a wholly owned subsidiary of Essity. As per the terms of the transaction, ABIGO Medicals pharma business has been divested and sold to the companys founder Jan G. Smith.

Compression Therapy Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

5.8%

Largest Market

Asia Pacific

Fastest Growing Market

North-America

Compression Therapy Market Dynamics

Increased chronic venous insufficiency and deep vein thrombosis cases are driving the growth of the global compression therapy market. Chronic venous insufficiency is the most cited condition for compression therapy. Obesity, pregnancy, blood clots, varicose veins, and other injuries are risk factors for this illness. The use of other means of therapy and ignorance and lack of information about compression therapies are some of the primary barriers to this industry, particularly in many low and middle-income nations

Compression Therapy Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 3.9 billion

Market CAGR

5.8%

By Product Type

  • Compression Stockings
  • Compression Bandages & Wraps
  • Compression Pumps
  • Compression Braces
  • Others

By Technology

  • Static Compression Therapy
  • Dynamic Compression Therapy

By Application

  • Venous Leg Ulcers
  • Deep Vein Thrombosis Treatment
  • Lymphedema Treatment
  • Leg Ulcer Treatment
  • Other Applications

Key Features of the Report

  • The compression therapy market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The compression therapy market size was valued at US$ 3.9 billion in 2023

3M Company, ArjoHuntleigh, Inc, Bio Compression Systems, Inc, ConvaTec, Inc, DJO Global, Inc

North America is the fastest-growing region for compression therapy market

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1. Executive Summary
2. Global Compression Therapy Market Introduction
2.1. Global Compression Therapy Market - Taxonomy
2.2. Global Compression Therapy Market - Definitions
2.2.1. Product Type
2.2.2. Technology
2.2.3. Application
3. Global Compression Therapy Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Compression Therapy Market Dynamic Factors - Impact Analysis
3.6. Global Compression Therapy Market - Competition Landscape
3.7. Epidemiology
4. Global Compression Therapy Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Compression Therapy Market, By Product Type, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1. Compression Stockings
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Compression Bandages & Wraps
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Compression Pumps
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Compression Braces
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Others
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
6. Global Compression Therapy Market Forecast, By Technology, 2019 - 2023 and Forecast, 2024 - 2030
6.1. Static Compression Therapy
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Dynamic Compression Therapy
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
7. Global Compression Therapy Market Forecast, By Application, 2019 - 2023 and Forecast, 2024 - 2030
7.1. Varicose Vein Treatment
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Deep Vein Thrombosis Treatment
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Lymphedema Treatment
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Leg Ulcer Treatment
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Others
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
8. Global Compression Therapy Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Compression Therapy Market - Opportunity Analysis Index, By Product Type, Technology, Application, and Region, 2024 - 2030
9. North America Compression Therapy Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Compression Stockings
9.1.2. Compression Bandages & Wraps
9.1.3. Compression Pumps
9.1.4. Compression Braces
9.1.5. Others
9.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Static Compression Therapy
9.2.2. Dynamic Compression Therapy
9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. Varicose Vein Treatment
9.3.2. Deep Vein Thrombosis Treatment
9.3.3. Lymphedema Treatment
9.3.4. Leg Ulcer Treatment
9.3.5. Others
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Compression Therapy Market - Opportunity Analysis Index, By Product Type, Technology, Application, and Country, 2024 - 2030
9.6. North America Compression Therapy Market Dynamics - Trends
10. Europe Compression Therapy Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
10.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Compression Stockings
10.1.2. Compression Bandages & Wraps
10.1.3. Compression Pumps
10.1.4. Compression Braces
10.1.5. Others
10.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Static Compression Therapy
10.2.2. Dynamic Compression Therapy
10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Varicose Vein Treatment
10.3.2. Deep Vein Thrombosis Treatment
10.3.3. Lymphedema Treatment
10.3.4. Leg Ulcer Treatment
10.3.5. Others
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Poland
10.4.8. Rest of Europe
10.5. Europe Compression Therapy Market - Opportunity Analysis Index, By Product Type, Technology, Application, and Country, 2024 - 2030
10.6. Europe Compression Therapy Market Dynamics - Trends
11. Asia-Pacific Compression Therapy Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
11.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Compression Stockings
11.1.2. Compression Bandages & Wraps
11.1.3. Compression Pumps
11.1.4. Compression Braces
11.1.5. Others
11.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Static Compression Therapy
11.2.2. Dynamic Compression Therapy
11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Varicose Vein Treatment
11.3.2. Deep Vein Thrombosis Treatment
11.3.3. Lymphedema Treatment
11.3.4. Leg Ulcer Treatment
11.3.5. Others
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Compression Therapy Market - Opportunity Analysis Index, By Product Type, Technology, Application, and Country, 2024 - 2030
11.6. Asia-Pacific Compression Therapy Market Dynamics - Trends
12. Latin America Compression Therapy Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
12.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Compression Stockings
12.1.2. Compression Bandages & Wraps
12.1.3. Compression Pumps
12.1.4. Compression Braces
12.1.5. Others
12.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Static Compression Therapy
12.2.2. Dynamic Compression Therapy
12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Varicose Vein Treatment
12.3.2. Deep Vein Thrombosis Treatment
12.3.3. Lymphedema Treatment
12.3.4. Leg Ulcer Treatment
12.3.5. Others
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Compression Therapy Market - Opportunity Analysis Index, By Product Type, Technology, Application, and Country, 2024 - 2030
12.6. Latin America Compression Therapy Market Dynamics - Trends
13. Middle East and Africa Compression Therapy Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
13.1. By Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. Compression Stockings
13.1.2. Compression Bandages & Wraps
13.1.3. Compression Pumps
13.1.4. Compression Braces
13.1.5. Others
13.2. Technology Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Static Compression Therapy
13.2.2. Dynamic Compression Therapy
13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Varicose Vein Treatment
13.3.2. Deep Vein Thrombosis Treatment
13.3.3. Lymphedema Treatment
13.3.4. Leg Ulcer Treatment
13.3.5. Others
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Compression Therapy Market - Opportunity Analysis Index, By Product Type, Technology, Application, and Country, 2024 - 2030
13.6. MEA Compression Therapy Market Dynamics - Trends
14. Competition Landscape
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Technology & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Paul Hartmann AG
14.2.2. Smith & Nephew PLC
14.2.3. Medtronic PLC
14.2.4. ConvaTec Inc.
14.2.5. Medi Canada Inc.
14.2.6. DJO Global, Inc
14.2.7. 3M Company
14.2.8. SIGVARIS
14.2.9. BSN medical
14.2.10. Tactile Medical
14.2.11. Essity AB
14.2.12. Cardinal Health
15. Research Methodology
16. Key Assumptions and Acronyms

Key Market Players

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

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