Compression Therapy Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Compression Therapy Market

Compression therapy, a cornerstone in managing venous and lymphatic disorders, has witnessed significant advancements and market growth in recent years. As of 2018, the global compression therapy market was valued at USD 3.01 billion and is projected treach USD 4.51 billion by 2026, exhibiting a compound annual growth rate (CAGR) of 5.2% during the forecast period.

Understanding Compression Therapy

Compression therapy involves applying controlled pressure tthe lower extremities tenhance blood flow and support the lymphatic and venous systems. This method is pivotal in treating conditions such as venous leg ulcers, lymphedema, and deep vein thrombosis (DVT). The therapy primarily utilizes compression garments, including bandages and stockings, as well as devices like compression pumps.

Market Dynamics

Drivers:

1. Rising Prevalence of Venous and Lymphatic Disorders: An increase in conditions like venous leg ulcers and lymphedema has been observed globally. Factors such as immobility, obesity, and varicose veins contribute tthese disorders. For instance, venous leg ulceration affects approximately 1.5% of the general population and up t5% of the elderly.

2. Technological Advancements: Continuous research and development have led tinnovative compression products. Companies are introducing advanced compression garments and devices that offer improved efficacy and patient comfort. For example, in April 2022, Koya Medical launched an active compression system for lymphedema and venous diseases, featuring a soft, breathable mesh garment with proprietary Flexframe technology.

Restraints:

1. High Treatment Costs: Advanced compression therapies can be expensive, posing challenges for patients without adequate insurance coverage. For example, cancer-induced lymphedema treatment can cost over $62,000 in hospitalization expenses.

2. Lack of Awareness: In many low- and middle-income countries, there is limited awareness about venous and lymphatic disorders and their treatments, leading tunderdiagnosis and undertreatment.

Regional Insights

North America dominated the compression therapy market, holding a 34.77% share in 2018. This is attributed tthe high prevalence of lymphedema and venous diseases, coupled with advanced healthcare infrastructure. Europe follows closely, driven by increasing adoption of compression garments and supportive healthcare policies. The Asia-Pacific region is expected twitness significant growth due trising healthcare awareness and improving medical facilities.

Competitive Landscape

The market is characterized by strategic initiatives such as product launches, partnerships, and acquisitions. For instance, in February 2018, SIGVARIS expanded its product portfoliby introducing COOLFLEX™ NF, COMPREFLEX® REDUCE, and COMPREFLEX ARM, targeting venous diseases and lymphedema.

Key players in the market include:

  • SIGVARIS
  • Essity Aktiebolag (publ)
  • Arjo
  • PAUL HARTMANN Pty. Ltd
  • 3M
  • Tactile Systems Technology, Inc.
  • Smith & Nephew
  • medi GmbH & Co. KG
Future Outlook

The compression therapy market is poised for steady growth, driven by the increasing prevalence of venous and lymphatic disorders and continuous product innovations. However, addressing challenges such as high treatment costs and lack of awareness is crucial. Efforts tdevelop cost-effective solutions and educational initiatives can further enhance market penetration and improve patient outcomes globally.

ATTRIBUTE DETAILS

Study Period - 2015-2026

Base Year - 2018

Forecast Period - 2019-2026

Historical Period - 2015-2017

Unit - Value (USD billion)

Segmentation By Product
  • Compression Garments
  • Compression Bandages
  • Compression Stockings
  • Others
  • Compression Pumps
  • Others
By Application
  • Venous Leg Ulcer
  • Deep Vein Thrombosis (DVT)
  • Lymphedema
  • Others
By End User
  • Hospitals & Clinics
  • Nursing Care Centers
  • Home Care Settings
  • Others
By Geography
  • North America (the U.S. and Canada)
  • Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and the Rest of Europe)
  • Asia-Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia- Pacific)
  • Latin America (Brazil, Mexico, and the Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and the Rest of Middle East &Africa)


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1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Prevalence of Venous Leg Ulcer, DVT, Lymphedema and other key indications by country/region
4.2. Key Industry Trends
4.3. Key Industry Developments (Mergers, Acquisitions, and Partnerships)
4.4. New Product Launches
5. Global Compression Therapy Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Product
5.2.1. Compression Garments
5.2.1.1. Compression Bandages
5.2.1.2. Compression Stockings
5.2.1.3. Others
5.2.2. Compression Pumps
5.2.3. Others
5.3. Market Analysis, Insights and Forecast – By Application
5.3.1. Venous Leg Ulcer
5.3.2. Deep Vein Thrombosis
5.3.3. Lymphedema
5.3.4. Others
5.4. Market Analysis, Insights and Forecast – By End User
5.4.1. Hospitals & Clinics
5.4.2. Nursing Care Centers
5.4.3. Home Care
5.4.4. Others
5.5. Market Analysis, Insights and Forecast – By Country
5.5.1. North America
5.5.2. Europe
5.5.3. Asia Pacific
5.5.4. Latin America
5.5.5. Middle East & Africa
6. North America Compression Therapy Market Analysis, Insights and Forecast, 2015-2026
6.1. Key Findings / Summary
6.2. Market Analysis – By Product
6.2.1. Compression Garments
6.2.1.1. Compression Bandages
6.2.1.2. Compression Stockings
6.2.1.3. Others
6.2.2. Compression Pumps
6.2.3. Others
6.3. Market Analysis – By Application
6.3.1. Venous Leg Ulcer
6.3.2. Deep Vein Thrombosis
6.3.3. Lymphedema
6.3.4. Others
6.4. Market Analysis – By End User
6.4.1. Hospitals & Clinics
6.4.2. Nursing Care Centers
6.4.3. Home Care
6.4.4. Others
6.5. Market Analysis – By Country
6.5.1. U.S.
6.5.2. Canada
7. Europe Compression Therapy Market Analysis, Insights and Forecast, 2015-2026
7.1. Key Findings / Summary
7.2. Market Analysis – By Product
7.2.1. Compression Garments
7.2.1.1. Compression Bandages
7.2.1.2. Compression Stockings
7.2.1.3. Others
7.2.2. Compression Pumps
7.2.3. Others
7.3. Market Analysis – By Application
7.3.1. Venous Leg Ulcer
7.3.2. Deep Vein Thrombosis
7.3.3. Lymphedema
7.3.4. Others
7.4. Market Analysis – By End User
7.4.1. Hospitals & Clinics
7.4.2. Nursing Care Centers
7.4.3. Home Care
7.4.4. Others
7.5. Market Analysis – By Country/Sub-region
7.5.1. U.K.
7.5.2. Germany
7.5.3. France
7.5.4. Spain
7.5.5. Italy
7.5.6. Scandinavia
7.5.7. Rest of Europe
8. Asia Pacific Compression Therapy Market Analysis, Insights and Forecast, 2015-2026
8.1. Key Findings / Summary
8.2. Market Analysis – By Product
8.2.1. Compression Garments
8.2.1.1. Compression Bandages
8.2.1.2. Compression Stockings
8.2.1.3. Others
8.2.2. Compression Pumps
8.2.3. Others
8.3. Market Analysis – By Application
8.3.1. Venous Leg Ulcer
8.3.2. Deep Vein Thrombosis
8.3.3. Lymphedema
8.3.4. Others
8.4. Market Analysis – By End User
8.4.1. Hospitals & Clinics
8.4.2. Nursing Care Centers
8.4.3. Home Care
8.4.4. Others
8.5. Market Analysis – By Country/Sub-region
8.5.1. Japan
8.5.2. China
8.5.3. India
8.5.4. Australia
8.5.5. Southeast Asia
8.5.6. Rest of Asia Pacific
9. Latin America Compression Therapy Market Analysis, Insights and Forecast, 2015-2026
9.1. Key Findings / Summary
9.2. Market Analysis – By Product
9.2.1. Compression Garments
9.2.1.1. Compression Bandages
9.2.1.2. Compression Stockings
9.2.1.3. Others
9.2.2. Compression Pumps
9.2.3. Others
9.3. Market Analysis – By Application
9.3.1. Venous Leg Ulcer
9.3.2. Deep Vein Thrombosis
9.3.3. Lymphedema
9.3.4. Others
9.4. Market Analysis – By End User
9.4.1. Hospitals & Clinics
9.4.2. Nursing Care Centers
9.4.3. Home Care
9.4.4. Others
9.5. Market Analysis – By Country
9.5.1. Brazil
9.5.2. Mexico
9.5.3. Rest of Latin America
10. Middle East & Africa Compression Therapy Market Analysis, Insights and Forecast, 2015-2026
10.1. Key Findings / Summary
10.2. Market Analysis – By Product
10.2.1. Compression Garments
10.2.1.1. Compression Bandages
10.2.1.2. Compression Stockings
10.2.1.3. Others
10.2.2. Compression Pumps
10.3. Others
10.4. Market Analysis – By Application
10.4.1. Venous Leg Ulcer
10.4.2. Deep Vein Thrombosis
10.4.3. Lymphedema
10.4.4. Others
10.5. Market Analysis – By End User
10.5.1. Hospitals & Clinics
10.5.2. Nursing Care Centers
10.5.3. Home Care
10.5.4. Others
10.6. Market Analysis – By Country/Sub-region
10.6.1. GCC Countries
10.6.2. South Africa
10.6.3. Rest of Middle East & Africa
11. Competitive Analysis
11.1. Key Industry Developments
11.2. Global Market Share Analysis (2018)
11.3. Competition Dashboard
11.4. Comparative Analysis – Major Players
11.5. Company Profiles (Overview, Products & services, SWOT analysis, Recent developments, strategies, financials (based on availability))
11.5.1. SIGVARIS
11.5.1.1. Overview,
11.5.1.2. Products & services,
11.5.1.3. SWOT analysis,
11.5.1.4. Recent developments,
11.5.1.5. strategies,
11.5.1.6. financials (based on availability)
11.5.2. 3M
11.5.2.1. Overview,
11.5.2.2. Products & services,
11.5.2.3. SWOT analysis,
11.5.2.4. Recent developments,
11.5.2.5. strategies,
11.5.2.6. financials (based on availability)
11.5.3. Arjo
11.5.3.1. Overview,
11.5.3.2. Products & services,
11.5.3.3. SWOT analysis,
11.5.3.4. Recent developments,
11.5.3.5. strategies,
11.5.3.6. financials (based on availability)
11.5.4. PAUL HARTMANN Pty. Ltd
11.5.4.1. Overview,
11.5.4.2. Products & services,
11.5.4.3. SWOT analysis,
11.5.4.4. Recent developments,
11.5.4.5. strategies,
11.5.4.6. financials (based on availability)
11.5.5. medi GmbH & Co. KG
11.5.5.1. Overview,
11.5.5.2. Products & services,
11.5.5.3. SWOT analysis,
11.5.5.4. Recent developments,
11.5.5.5. strategies,
11.5.5.6. financials (based on availability)
11.5.6. Essity Aktiebolag (publ)
11.5.6.1. Overview,
11.5.6.2. Products & services,
11.5.6.3. SWOT analysis,
11.5.6.4. Recent developments,
11.5.6.5. strategies,
11.5.6.6. financials (based on availability)
11.5.7. Smith & Nephew
11.5.7.1. Overview,
11.5.7.2. Products & services,
11.5.7.3. SWOT analysis,
11.5.7.4. Recent developments,
11.5.7.5. strategies,
11.5.7.6. financials (based on availability)
11.5.8. Bio Compression Systems, Inc.
11.5.8.1. Overview,
11.5.8.2. Products & services,
11.5.8.3. SWOT analysis,
11.5.8.4. Recent developments,
11.5.8.5. strategies,
11.5.8.6. financials (based on availability)
11.5.9. Tactile Systems Technology, Inc.
11.5.9.1. Overview,
11.5.9.2. Products & services,
11.5.9.3. SWOT analysis,
11.5.9.4. Recent developments,
11.5.9.5. strategies,
11.5.9.6. financials (based on availability)
11.5.10. Other Players
11.5.10.1. Overview,
11.5.10.2. Products & services,
11.5.10.3. SWOT analysis,
11.5.10.4. Recent developments,
11.5.10.5. strategies,
11.5.10.6. financials (based on availability)

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