Key Trends as a Decision Maker You Absolutely Need to Know about the “Compression Therapy” Market
The global market for Compression Therapy is projected to reach US$3.3 billion by 2025, driven by the rising incidence of venous ulcers supported by aging population and the obesity epidemic.
Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Compression Therapy market. Report segmentation includes Application (Varicose Vein Treatment, Deep Vein Thrombosis Treatment, Lymphedema Treatment, Leg Ulcer Treatment, Other Applications); Segment (Compression Garments, Compression Braces, Compression Pumps) ).
10 June 7:47 A.M., California/Marketwire/ - According to the new market research report, the global market for Compression Therapy is projected to reach US$3.3 billion by 2025, driven by the rising incidence of venous ulcers supported by aging population and the obesity epidemic. Compression therapy represents the first line of treatment for venous ulcers and is aimed at increasing blood flow to lower limbs and extremities by simple application of gentle pressure. Few of the benefits of this therapy include muscle compression to mobilize blood flow and fight inflammation and edema; reduced muscle soreness; helps loosen up the veins; relives pain by reducing lactic acid build-up in muscles; restores valve competence; reduces venous reflux (VR); accelerates capillary flow, and lowers capillary fluid leakage. Properly designed compression products also help soften lipodermatosclerosis and improve lymphatic flow. Compression stockings, stretch wraps, bandages and socks are popular types of compression products.
Few of the innovations in this space include development of fabrics and pre-treated microfibers which provide moisture control, antimicrobial protection, and cut resistance; and integration of special compression zones woven into the fabric to suit the body's anatomy and biomechanics. Also poised to benefit the market is the development of medical grade compression standards which are calibrated to be 20 mmHg (millimeters of mercury) and over to encourage muscle oxygenation and prevent tissue damage, injury to skin, constriction, thrombosis, and local damage to the peroneus and peripheral nerves resulting from wrong compression pressure. The Static Stiffness Index (SSI) is becoming an important parameter for developing efficient compression products. Given the importance of compression pressure in reducing the risk of venous reflux, new studies are being conducted and scientific literatures are being published as guidelines for optimum application of pressure. The International Compression Club defines and recommends appropriate SSI to ensure proper use of applied compression therapy. Among the types of compression bandages, inelastic bandages also known as short stretch bandages is preferred over elastic bandages known as long stretch bandages for faster healing of venous ulcer. Compression strapping is also growing in popularity in the treatment of hard-to-heal and non-healing wounds. This technique enhances the outcome of compression therapy and promotes healing and involves the use of additional strips of short stretch compression bandage overlaying compression bandaging.
Key Competitors Covered in the Report
Bio Compression Systems, Inc.
BSN Medical GmbH
Cardinal Health, Inc.
DJO Global, Inc.
Julius Zorn GmbH
Medi GmbH & Co. KG
Paul Hartmann AG
Smith & Nephew PLC
Geographies Analyzed in the Report
Europe (France, Germany, Italy, United Kingdom, and Rest of Europe)
Rest of World.
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. All analysis and findings published in the report are based on validated engagements from a total executive pool size of 11788. Among this pool, 1413 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 354 unique participations, a total of 159 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.
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