Compression Therapy Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032
Compression Therapy Market value is set to record over 5.5% CAGR from 2024 to 2032 due to the increasing launches of products for addressing the rising awareness of lymphedema and related conditions.
Compression therapy products can enhance the management of lymphedema symptoms, thereby improving the quality of life for affected individuals. Healthcare providers are now offering advanced compression therapy options, including specialized garments and devices, to effectively reduce swelling and promote lymphatic flow. For example, in April 2022, Koya Medical introduced the Dayspring Lower Extremity Active Compression Treatment, targeting lymphedema and venous disorders, to provide advanced solutions for managing and alleviating lower extremity conditions.
The compression therapy industry is segmented by product, technology, application, distribution channel, and region.
The market share of the compression tapes product segment will record a notable growth rate between 2024 and 2032, due to their increasing role in providing targeted pressure to manage various conditions. Compression tapes are designed to be applied directly to affected areas, offering customizable compression levels to enhance circulation and reduce swelling. The focus on developing tapes with advanced materials and adhesive technologies is increasing to ensure comfort and effectiveness throughout daily activities.
In terms of application, the compression therapy market value from the leg ulcer treatment segment is anticipated to witness a significant boost from 2024 to 2032, driven by the need to enhance healing and manage symptoms. Compression therapy provides effective pressure to improve blood circulation and reduce swelling, promoting the healing of leg ulcers. The ongoing evolution in compression therapy applications is improving outcomes for patients with leg ulcers, supporting faster recovery and better management of chronic conditions.
Asia Pacific compression therapy industry size will record a notable expansion through 2032 due to the increasing incidence of sports injuries. Advances in therapy techniques and equipment are being developed to meet the growing needs for improving comfort, effectiveness, and ease of use for athletes and active individuals. Innovations are further enhancing compression therapy, with research integrating new materials and technologies to better support injury recovery. This trend will ensure that compression therapy remains a vital component in managing sports-related injuries and improving overall recovery outcomes across the region.
Chapter 1 Methodology and Scope
1.1 Market scope and definition
1.2 Research design
1.2.1 Research approach
1.2.2 Data collection methods
1.3 Base estimates and calculations
1.3.1 Base year calculation
1.3.2 Key trends for market estimation
1.4 Forecast model
1.5 Primary research and validation
1.5.1 Primary sources
1.5.2 Data mining sources
Chapter 2 Executive Summary
2.1 Industry 360° synopsis
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Industry impact forces
3.2.1 Growth drivers
3.2.1.1 Increase in number of sports injuries and accidents
3.2.1.2 Rise in number of orthopedic procedures
3.2.1.3 Large unaddressed patient population
3.2.1.4 Growing awareness among the patients regarding treatment options
3.2.1.5 Recent technological advancements
3.2.2 Industry pitfalls and challenges
3.2.2.1 Availability of alternative treatments
3.2.2.2 Reduced compliance due to wearer discomfort
3.2.2.3 Side-effects with the use of compression therapy
3.3 Growth potential analysis
3.4 Technology landscape
3.5 Future market trends
3.6 Regulatory landscape
3.6.1 U.S.
3.6.2 Europe
3.6.3 Asia Pacific
3.7 Reimbursement scenario
3.8 Gap analysis
3.9 Start-up scenario
3.10 Porter’s analysis
3.11 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
4.1 Introduction
4.2 Company market share analysis
4.3 Company matrix analysis
4.4 Competitive analysis of major market players
4.5 Competitive positioning matrix
4.6 Strategy dashboard
Chapter 5 Market Estimates and Forecast, By Product, 2021 – 2032 ($ Mn)
5.1 Key trends
5.2 Compression garments
5.2.1 Compression bandages
5.2.2 Compression stockings
5.2.2.1 Compression class I
5.2.2.2 Compression class II
5.2.2.3 Compression class III
5.2.3 Other compression garments
5.3 Compression braces
5.4 Compression tapes
5.5 Compression pumps
Chapter 6 Market Estimates and Forecast, By Technology, 2021 – 2032 ($ Mn)
6.1 Key trends
6.2 Static compression therapy
6.3 Dynamic compression therapy
Chapter 7 Market Estimates and Forecast, By Application, 2021 – 2032 ($ Mn)
7.1 Key trends
7.2 Varicose vein treatment
7.3 Deep vein thrombosis treatment
7.4 Lymphedema treatment
7.5 Leg ulcer treatment
7.6 Other applications
Chapter 8 Market Estimates and Forecast, By Distribution Channel, 2021 – 2032 ($ Mn)
8.1 Key trends
8.2 Hospital pharmacies
8.3 Retail pharmacies
8.4 Online pharmacies
Chapter 9 Market Estimates and Forecast, By Region, 2021 – 2032 ($ Mn)