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Compression Therapy Market

: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025

The Compression Therapy Market: Type (Static compression therapy, Dynamic compression therapy), By Preparation (Compression pumps, Compression bandages, Compression stockings, Compression tapes),  End User (Hospitals, Clinics, Ambulatory Surgical Centres, Home Care Settings), By Geography

 

Global Compression Therapy Market

 

 Market Outline: Compression Therapy Market

Compression therapy is a straightforward and compelling method for expanding bloodstream movement in the lower appendages through fortifying vein bolster. It’s a type of wound care that means to delicately apply weight to the lower legs and legs by wearing particularly composed leggings.

 

Market Dynamics: Compression Therapy Market 

Increment in awareness about venous maladies and wounds because of experiential exercises and games are driving the development of compression therapy market. For example, as indicated by Safe Kids Worldwide, a worldwide association which is focused on avoiding wounds in kids, around 1.3 million instances of games wounds in adolescents are enlisted in the U.S consistently. In addition, developing maturing populace and expanding pervasiveness of diabetes are likewise supporting the development of the compression therapy market in the area. As per the International Diabetes Federation, the predominance of diabetes is relied upon to develop from 366 million of every 2011 to 552 million by 2030 worldwide that is required to expand the market development in the future. Lack of information about the ailment sign among patients and lacking repayment for compression therapy from government organizations in created nations will back off the compression therapy market in the estimated time frame.

 

Market Scope: Compression Therapy Market 

The Compression Therapy Market is classified on the basis of type, technology, and geographical regions.

Based on Technology, Compression Therapy Market is segmented into

  • Static compression therapy
  • Dynamic compression therapy

 Based on Type, Compression Therapy Market is segmented into

  • Compression pumps
  • Compression bandages
  • Compression stockings
  • Compression tapes

Based on End User, Compression Therapy Market is segmented into

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centres
  • Home Care Settings

Geography

North America

  • US
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea

Rest of Asia-Pacific

  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

Market Summary: Compression Therapy Market 

Portrayed by the nearness of key players the worldwide pressure treatment advertise is profoundly divided. Forceful evaluating, propelled highlights, for example, conveyability, brilliant wearables, and new applications are the major fighting variables for the market players. The advances in innovation and item up degree will increase the aggressive condition among merchants. In addition, to manage themselves in the market, a few merchants are framing procedures to expand their market share.Companies are endeavoring to build their piece of the overall industry through inorganic and community development technique. For example, FarrowMed Medical arrangements was obtained by BSN medicals in 2015. This assisted BSN medicinal with expanding its lymphedema treatment arrangements portfolio.in diverse locales. In May 2017, Footfalls and Heartbeats, a UK based shrewd textures producing organization joined forces with Karl Otto Braun GmbH and Co. KG (KOB), to build up a shrewd swathe that can gauge the weight connected by pressure gauze and empower live observing of pressure treatment. KOB is a gauze and textures maker situated in Germany.

 

Regional Analysis: Compression Therapy Market 

Geographically Compression Therapy Market is segmented as Latin America, North America, Asia- Pacific, The Middle East & Africa and Europe. North America holds the significant piece of the overall industry because of quick acknowledgment of new advances and expanding predominance of obesity leading to vascular diseases. Obesity in people prompts movement of knee osteoarthritis (OA) prompting a kind of asymptomatic vascular illness. As indicated by the American Academy of Orthopedic Surgeons (AAOS), around 600,000 knee arthroplasty medical procedures were performed in 2010 in the U.S. Moreover, development in Asia Pacific locale is relied upon to be driven significantly by rising games wounds. As per the Asian Federation of Sports Medicine (AFSM), around 21,334 occurrence of games wounds happen every year in Asia. Such rates combined with affordability, patient awareness and availability would fuel the development in Asia Pacific compression therapy market.

 

Market participants: Compression Therapy Market 

Some of the players in Compression Therapy Market

  • BSN medical (Germany)
  • DJO Global Inc. (U.S.)
  • medi GmbH & Co KG (Germany)
  • Tactile Medical (U.S.)
  • PAUL HARTMANN AG (Germany)
  • SIGVARIS (Switzerland)
  • Sanyleg S.r.l. (Italy)
  • 3M Company (U.S.)
  • ConvaTec Inc. (U.K.)
  • ArjoHuntleigh (Getinge Group) (Sweden)
  • Julius Zorn GmbH (Juzo) (Germany)
    
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