Compression Therapy Market

Compression Therapy Market (Technology - Static and Dynamic; Product - Pumps (Intermittent and Sequential), Bandages, Stocking (Gradient and Anti-Embolism), and Tapes) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2027

  • According to Transparency Market Research’s latest report on the global compression therapy market for the historical period 2017–2018 and forecast period 2019–2027, owing to rising sports injuries, increase in the number of orthopedic surgeries, and rapidly growing obese population boost demand for compression therapy products globally. However, lack of favorable reimbursement policies pertaining to vascular disease treatment with compression products would hamper market growth.
  • According to the report, the global compression therapy market was valued at US$ 3.2 Bn in 2018 and is anticipated to expand at a CAGR of 6.1% from 2019 to 2027
fa global compression therapy market

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Rising sports injuries boost demand for compression therapy products: Key Drivers

  • Compression products are frequently used by athletes and sports persons as these reduce muscle pain, increase mobility, and enhance athletic performance. The most common causes of sports injuries are competitive, recreational or obligatory (physical education) activities. According to the Centers for Disease Control and Prevention (CDC), high school athletes alone account for 2 million injuries, 50,000 doctor visits, and 30,000 hospitalizations in the U.S. each year.
  • Hence, health care professionals (chiropractors and physiotherapists) extensively utilize these products for both amateur and professional sport patients and their regular clinic patients. Therefore, increasing number of sports injuries and growing preference by health care professionals are anticipated to increase the uptake of compression therapy products during the forecast period.

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Increasing obese population Boost Market Growth

  • Obese people are at high risk of developing vascular diseases due to the pressure exerted by the weight of the body on the skin and underlying organs. According to the World Health Organization (2014), the prevalence of obesity had doubled since 1980. The WHO further stated that over 1.9 billion adults aged 18 years and above were reported to be overweight in 2014, of these over 600 million adults were obese. Furthermore, it is estimated that over 35% of the total population was obese in 2016.
  • This number is expected to increase during the forecast period. Therefore, rise in the obese population augments the uptake of compression therapy products in order to prevent vascular diseases.

Lack of favorable reimbursement policies to Hamper Market

  • Unfavorable reimbursement policies have played a crucial role in the compression therapy industry in the past few years. The treatment of vascular diseases with compression therapy products is expensive and requires large amount of money for follow-ups and monitoring of treatment. Hence, reimbursement is considered to be an essential aspect of the treatment. The Centers for Medicare and Medicaid Services (CMS) provides reimbursement only to patients who have undergone a four-week trial of conservative therapy before opting for intermittent pump.
  • Moreover, private insurers are adopting these reimbursement restrictions for compression therapy products to treat vascular disease. This factor is more prominent in developing nations such as India, China, Brazil, and Mexico due to low affordability to purchase highly expensive brand new compression devices.

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Global Compression therapy Market: Competitive Landscape

  • This report profiles major players in the global compression therapy market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments
  • The global compression therapy market is highly fragmented, with the presence of a number of international as well as regional players
  • Leading players operating in the global compression therapy market are
    • 3M Health Care
    • ArjoHuntleigh
    • Bio Compression Systems, Inc
    • BSN Medical
    • Covidien plc
    • medi GmbH & Co KG
    • PAUL HARTMANN AG
    • SIGVARIS MANAGEMENT AG,.

Global Compression therapy Market: Key Developments

Key players in the global compression therapy market are engaged in regulatory approvals, technologically advanced products, launch of new products, and acquisition & collaborative agreements with other companies. These strategies are likely to fuel the growth of the global compression therapy market. A few expansion strategies adopted by players operating in the global compression therapy market are:

  • In 2015, BSN MEDICAL acquired Wright Therapy Products, Inc., a manufacturer of compression therapy systems to strengthen its presence in the compression therapy market.

The report on the global compression therapy market discussed individual strategies, followed by company profiles of manufacturers of compression therapy. The competitive landscape section has been included in the report to provide readers with a dashboard view and a company market share analysis of key players operating in the global compression therapy market.

Global Compression therapy Market - Segmentation

Attribute Detail
Technology
  • Static
  • Dynamic
Product
  • Compression Pump
    • Intermittent
    • Sequential
  • Compression Stocking
  • Compression Bandage
  • Compression Tape
Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Frequently Asked Questions

What is the total market worth of compression therapy market?

Compression therapy market is projected to reach a value of US$ 5,157.4 million by the end of 2027

What is the anticipated CAGR of the compression therapy market in the forecast period?

Compression therapy market is anticipated to grow at a CAGR of 6.1% during the forecast period

Which region is expected to project the highest market share in the global compression therapy market?

North America accounted for a major share of the global compression therapy market

What are the key driving factors for the growth of the compression therapy market?

Compression therapy market is driven by rising sports injuries, increase in the number of orthopedic surgeries, and rapidly growing obese population

Who are the key players in the global compression therapy market?

Key players in the global compression therapy market include 3M Health Care, ArjoHuntleigh, Bio Compression Systems, Inc., BSN Medical, Covidien plc, medi GmbH & Co KG, PAUL HARTMANN AG, and SIGVARIS MANAGEMENT AG, among others

    1. Preface

        1.1. Market Definition and Scope

        1.2. Market Segmentation

        1.3. Key Research Objectives

        1.4. Research Highlights

    2. Assumptions and Research Methodology

    3. Executive Summary: Global Compression therapy Market

    4. Market Overview

        4.1. Introduction

            4.1.1. Definition

            4.1.2. Industry Evolution / Developments

        4.2. Overview

        4.3. Market Dynamics

            4.3.1. Drivers

            4.3.2. Restraints

            4.3.3. Opportunities

        4.4. Global Compression therapy Market Analysis and Forecast, 2017-2027

            4.4.1. Market Revenue Projections (US$ Mn)

    5. Key Insights

        5.1. Porter’s Five Forces Analysis

        5.2. Heat Map Analysis, by Key Players

        5.3. Value Chain Analysis

    6. Global Compression therapy Market Analysis and Forecast, by Technology

        6.1. Introduction & Definition

            6.1.1. Key Findings / Developments

        6.2. Global Compression therapy Market Value Forecast, by Technology, 2017-2027

            6.2.1. Static

            6.2.2. Dynamic

        6.3. Global Compression therapy Market Attractiveness, by Technology

    7. Global Compression therapy Market Analysis and Forecast, by Product

        7.1. Introduction & Definition

            7.1.1. Key Findings / Developments

        7.2. Global Compression therapy Market Value Forecast, by Product, 2017-2027

            7.2.1. Compression Pump

                7.2.1.1. Intermittent

                7.2.1.2. Sequential

            7.2.2. Compression Stocking

            7.2.3. Compression Bandages

            7.2.4. Compression Tapes

        7.3. Global Compression therapy Market Attractiveness, by Product

    8. Global Compression therapy Market Analysis and Forecast, by Type

        8.1. Introduction & Definition

            8.1.1. Key Findings / Developments

    9. Global Compression therapy Market Analysis and Forecast, by Region

        9.1. Key Findings

        9.2. Global Compression therapy Market Value Forecast, by Region

            9.2.1. North America

            9.2.2. Europe

            9.2.3. Asia Pacific

            9.2.4. Latin America

            9.2.5. Middle East & Africa

        9.3. North America Compression therapy Market Attractiveness, by Region

    10. North America Compression therapy Market Analysis and Forecast

        10.1. Introduction

            10.1.1. Key Findings

        10.2. North America Compression therapy Market Value (US$ Mn) Forecast, by Technology, 2017-2027

            10.2.1. Static

            10.2.2. Dynamic

        10.3. North America Compression therapy Market Value (US$ Mn) Forecast, by Product, 2017-2027

            10.3.1. Compression Pump

                10.3.1.1. Intermittent

                10.3.1.2. Sequential

            10.3.2. Compression Stocking

            10.3.3. Compression Bandages

            10.3.4. Compression Tapes

        10.4. North America Compression therapy Market Value (US$ Mn) Forecast, by Country, 2017-2027

            10.4.1. U.S.

            10.4.2. Canada

        10.5. North America Compression therapy Market Attractiveness Analysis

            10.5.1. By Technology

            10.5.2. By Product

            10.5.3. By Country

    11. Europe Compression therapy Market Analysis and Forecast

        11.1. Introduction

            11.1.1. Key Findings

        11.2. Europe Compression therapy Market Value (US$ Mn) Forecast, by Technology, 2017-2027

            11.2.1. Static

            11.2.2. Dynamic

        11.3. Europe Compression therapy Market Value (US$ Mn) Forecast, by Product, 2017-2027

            11.3.1. Compression Pump

                11.3.1.1. Intermittent

                11.3.1.2. Sequential

            11.3.2. Compression Stocking

            11.3.3. Compression Bandages

            11.3.4. Compression Tapes

        11.4. Europe Compression therapy Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017-2027

            11.4.1. Germany

            11.4.2. U.K.

            11.4.3. France

            11.4.4. Spain

            11.4.5. Italy

            11.4.6. Rest of Europe

        11.5. Europe Compression therapy Market Attractiveness Analysis

            11.5.1. By Technology

            11.5.2. By Product

            11.5.3. By Country/Sub-region

    12. Asia Pacific Compression therapy Market Analysis and Forecast

        12.1. Introduction

            12.1.1. Key Findings

        12.2. Asia Pacific Compression therapy Market Value (US$ Mn) Forecast, by Technology, 2017-2027

            12.2.1. Static

            12.2.2. Dynamic

        12.3. Asia Pacific Compression therapy Market Value (US$ Mn) Forecast, by Product, 2017-2027

            12.3.1. Compression Pump

                12.3.1.1. Intermittent

                12.3.1.2. Sequential

            12.3.2. Compression Stocking

            12.3.3. Compression Bandages

            12.3.4. Compression Tapes

        12.4. Asia Pacific Compression therapy Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017-2027

            12.4.1. China

            12.4.2. Japan

            12.4.3. India

            12.4.4. Australia & New Zealand

            12.4.5. Rest of Asia Pacific

        12.5. Asia Pacific Compression therapy Market Attractiveness Analysis

            12.5.1. By Technology

            12.5.2. By Product

            12.5.3. By Country/Sub-region

    13. Latin America Compression therapy Market Analysis and Forecast

        13.1. Introduction

            13.1.1. Key Findings

        13.2. Latin America Compression therapy Market Value (US$ Mn) Forecast, by Technology, 2017-2027

            13.2.1. Static

            13.2.2. Dynamic

        13.3. Latin America Compression therapy Market Value (US$ Mn) Forecast, by Product, 2017-2027

            13.3.1. Compression Pump

                13.3.1.1. Intermittent

                13.3.1.2. Sequential

            13.3.2. Compression Stocking

            13.3.3. Compression Bandages

            13.3.4. Compression Tapes

        13.4. Latin America Compression therapy Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017-2027

            13.4.1. Brazil

            13.4.2. Mexico

            13.4.3. Rest of Latin America Latin America

        13.5. Latin America Compression therapy Market Attractiveness Analysis

            13.5.1. By Technology

            13.5.2. By Product

            13.5.3. By Country/Sub-region

    14. Middle East & Africa Compression therapy Market Analysis and Forecast

        14.1. Introduction

            14.1.1. Key Findings

        14.2. Middle East & Africa Compression therapy Market Value (US$ Mn) Forecast, by Technology, 2017-2027

            14.2.1. Static

            14.2.2. Dynamic

        14.3. Middle East & Africa Compression therapy Market Value (US$ Mn) Forecast, by Product, 2017-2027

            14.3.1. Compression Pump

                14.3.1.1. Intermittent

                14.3.1.2. Sequential

            14.3.2. Compression Stocking

            14.3.3. Compression Bandages

            14.3.4. Compression Tapes

        14.4. Middle East & Africa Compression therapy Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017-2027

            14.4.1. GCC Countries

            14.4.2. South Africa

            14.4.3. Rest of Middle East & Africa

        14.5. Middle East & Africa Compression therapy Market Attractiveness Analysis

            14.5.1. By Technology

            14.5.2. By Product

            14.5.3. By Country/Sub-region

    15. Competition Landscape

        15.1. Market Player - Competition Matrix (by Tier and Size of companies)

        15.2. Market Share / Position Analysis, by Company, 2018

        15.3. Company Profiles

            15.3.1. 3M Health Care

                15.3.1.1. Company Overview (HQ, Business Segments, Employee Strength)

                15.3.1.2. Growth Strategies

                15.3.1.3. SWOT Analysis

            15.3.2. ArjoHuntleigh

                15.3.2.1. Company Overview (HQ, Business Segments, Employee Strength)

                15.3.2.2. Growth Strategies

                15.3.2.3. SWOT Analysis

            15.3.3. Bio Compression Systems, Inc.

                15.3.3.1. Company Overview (HQ, Business Segments, Employee Strength)

                15.3.3.2. Growth Strategies

                15.3.3.3. SWOT Analysis

            15.3.4. BSN Medical

                15.3.4.1. Company Overview (HQ, Business Segments, Employee Strength)

                15.3.4.2. Growth Strategies

                15.3.4.3. SWOT Analysis

            15.3.5. Covidien plc

                15.3.5.1. Company Overview (HQ, Business Segments, Employee Strength)

                15.3.5.2. Growth Strategies

                15.3.5.3. SWOT Analysis

            15.3.6. medi GmbH & Co KG

                15.3.6.1. Company Overview (HQ, Business Segments, Employee Strength)

                15.3.6.2. Growth Strategies

                15.3.6.3. SWOT Analysis

            15.3.7. PAUL HARTMANN AG

                15.3.7.1. Company Overview (HQ, Business Segments, Employee Strength)

                15.3.7.2. Growth Strategies

                15.3.7.3. SWOT Analysis

            15.3.8. SIGVARIS MANAGEMENT AG

                15.3.8.1. Company Overview (HQ, Business Segments, Employee Strength)

                15.3.8.2. Growth Strategies

                15.3.8.3. SWOT Analysis

    List of Tables

    Table 1: Global Compression therapy Market Value (US$ Mn) Forecast, by Technology, 2017-2027

    Table 2: Global Compression therapy Market Value (US$ Mn) Forecast, by Product, 2017-2027

    Table 3: Global Compression therapy Market Value (US$ Mn) Forecast, by Compression Pump, 2017-2027

    Table 4: Global Compression therapy Market Value (US$ Mn) Forecast, by Region, 2017-2027

    Table 5: North America Compression therapy Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017-2027

    Table 6: North America Compression therapy Market Value (US$ Mn) Forecast, by Technology, 2017-2027

    Table 7: North America Compression therapy Market Value (US$ Mn) Forecast, by Product, 2017-2027

    Table 8: North America Compression therapy Market Value (US$ Mn) Forecast, by Compression Pump, 2017-2027

    Table 9: Europe Compression therapy Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017-2027

    Table 10: Europe Compression therapy Market Value (US$ Mn) Forecast, by Technology, 2017-2027

    Table 11: Europe Compression therapy Market Value (US$ Mn) Forecast, by Product, 2017-2027

    Table 12: Europe Compression therapy Market Value (US$ Mn) Forecast, by Compression Pump, 2017-2027

    Table 13: Asia Pacific Compression therapy Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017-2027

    Table 14: Asia Pacific Compression therapy Market Value (US$ Mn) Forecast, by Technology, 2017-2027

    Table 15: Asia Pacific Compression therapy Market Value (US$ Mn) Forecast, by Product, 2017-2027

    Table 16: Asia Pacific Compression therapy Market Value (US$ Mn) Forecast, by Compression Pump, 2017-2027

    Table 17: Latin America Compression therapy Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017-2027

    Table 18: Latin America Compression therapy Market Value (US$ Mn) Forecast, by Technology, 2017-2027

    Table 19: Latin America Compression therapy Market Value (US$ Mn) Forecast, by Product, 2017-2027

    Table 20: Latin America Compression therapy Market Value (US$ Mn) Forecast, by Compression Pump, 2017-2027

    Table 21: Middle East & Africa Compression therapy Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017-2027

    Table 22: Middle East & Africa Compression therapy Market Value (US$ Mn) Forecast, by Technology, 2017-2027

    Table 23: Middle East & Africa Compression therapy Market Value (US$ Mn) Forecast, by Product, 2017-2027

    Table 24: Middle East & Africa Compression therapy Market Value (US$ Mn) Forecast, by Compression Pump, 2017-2027

    List of Figures

    Figure 1: Global Compression therapy Market Value (US$ Mn) and Distribution (%), by Region, 2018 and 2027

    Figure 2: Global Compression therapy Market Value (US$ Mn) and Forecast, 2019-2027

    Figure 3: Global Compression therapy Market Value Share (%), by Technology, 2018

    Figure 4: Global Compression therapy Market Value Share (%), by Product, 2018

    Figure 5: Global Compression therapy Market Value Share (%), by Region, 2018

    Figure 6: Global Compression therapy Market Value Share Analysis, by Technology, 2018 and 2027

    Figure 7: Global Compression therapy Market Attractiveness, by Technology, 2019-2027

    Figure 8: Global Compression therapy Market Revenue (US$ Mn) and Y-o-Y Growth (%), by Static, 2017-2027

    Figure 9: Global Compression therapy Market Revenue (US$ Mn) and Y-o-Y Growth (%), by Dynamic, 2017-2027

    Figure 10: Global Compression therapy Market Value Share Analysis, by Product, 2018 and 2027

    Figure 11: Global Compression therapy Market Attractiveness, by Product, 2019-2027

    Figure 12: Global Compression therapy Market Revenue (US$ Mn) and Y-o-Y Growth (%), by Compression Pumps, 2017-2027

    Figure 13: Global Compression therapy Market Revenue (US$ Mn) and Y-o-Y Growth (%), by Compression Stocking, 2017-2027

    Figure 14: Global Compression therapy Market Revenue (US$ Mn) and Y-o-Y Growth (%), by Compression Bandages, 2017-2027

    Figure 15: Global Compression therapy Market Revenue (US$ Mn) and Y-o-Y Growth (%), by Compression Tapes, 2017-2027

    Figure 16: Global Compression therapy Market Value Share, by Region, 2018 and 2027

    Figure 17: Global Compression therapy Market Attractiveness, by Region, 2019-2027

    Figure 18: North America Compression therapy Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017-2027

    Figure 19: North America Compression therapy Market Value Share Analysis, by Country, 2018 and 2027

    Figure 20: North America Compression therapy Market Attractiveness, by Country, 2019-2027

    Figure 21: North America Compression therapy Market Value Share Analysis, by Technology, 2018 and 2027

    Figure 22: North America Compression therapy Market Attractiveness, by Technology, 2019-2027

    Figure 23: North America Compression therapy Market Value Share Analysis, by Product, 2018 and 2027

    Figure 24: North America Compression therapy Market Attractiveness, by Product, 2019-2027

    Figure 25: Europe Compression therapy Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017-2027

    Figure 26: Europe Compression therapy Market Value Share Analysis, by Country/Sub-region, 2018 and 2027

    Figure 27: Europe Compression therapy Market Attractiveness, by Country/Sub-region, 2019-2027

    Figure 28: Europe Compression therapy Market Value Share Analysis, by Technology, 2018 and 2027

    Figure 29: Europe Compression therapy Market Attractiveness, by Technology, 2019-2027

    Figure 30: Europe Compression therapy Market Value Share Analysis, by Product, 2018 and 2027

    Figure 31: Europe Compression therapy Market Attractiveness, by Product, 2019-2027

    Figure 32: Asia Pacific Compression therapy Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017-2027

    Figure 33: Asia Pacific Compression therapy Market Value Share Analysis, by Country/Sub-region, 2018 and 2027

    Figure 34: Asia Pacific Compression therapy Market Attractiveness, by Country/Sub-region, 2019-2027

    Figure 35: Asia Pacific Compression therapy Market Value Share Analysis, by Technology, 2018 and 2027

    Figure 36: Asia Pacific Compression therapy Market Attractiveness, by Technology, 2019-2027

    Figure 37: Asia Pacific Compression therapy Market Value Share Analysis, by Product, 2018 and 2027

    Figure 38: Asia Pacific Compression therapy Market Attractiveness, by Product, 2019-2027

    Figure 39: Latin America Compression therapy Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017-2027

    Figure 40: Latin America Compression therapy Market Value Share Analysis, by Country/Sub-region, 2018 and 2027

    Figure 41: Latin America Compression therapy Market Attractiveness, by Country/Sub-region, 2019-2027

    Figure 42: Latin America Compression therapy Market Value Share Analysis, by Technology, 2018 and 2027

    Figure 43: Latin America Compression therapy Market Attractiveness, by Technology, 2019-2027

    Figure 44: Latin America Compression therapy Market Value Share Analysis, by Product, 2018 and 2027

    Figure 45: Latin America Compression therapy Market Attractiveness, by Product, 2019-2027

    Figure 46: Middle East & Africa Compression therapy Market Value (US$ Mn) Forecast and Y-o-Y Growth (%) Projection, 2017-2027

    Figure 47: Middle East & Africa Compression therapy Market Value Share Analysis, by Country/Sub-region, 2018 and 2027

    Figure 48: Middle East & Africa Compression therapy Market Attractiveness, by Country/Sub-region, 2019-2027

    Figure 49: Middle East & Africa Compression therapy Market Value Share Analysis, by Technology, 2018 and 2027

    Figure 50: Middle East & Africa Compression therapy Market Attractiveness, by Technology, 2019-2027

    Figure 51: Middle East & Africa Compression therapy Market Value Share Analysis, by Product, 2018 and 2027

    Figure 52: Middle East & Africa Compression therapy Market Attractiveness, by Product, 2019-2027

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