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New report shares details about the medical updates on compression therapy market to 2022

Medical Market Research

Geographically, compression therapy market is segmented into North America, Europe, Asia-Pacific, &Rest of the World. Asia-Pacific expected to register highest growth rate during forecast period, owing to the rising per capita healthcare expenditure across emerging Asian countries, rapid expansion in target patient population, & growing awareness about different target disorders among healthcare professionals through conferences.

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The compression therapy market is dominated by BSN medical (Germany), DJO Global Inc. (U.S.), medi GmbH & Co KG (Germany), Tactile Medical (U.S.), PAUL HARTMANN AG (Germany), and SIGVARIS (Switzerland).

Product launches, agreements, and collaborations were the major strategies adopted by market players to achieve growth in the market.

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The global compression therapy market projected to reach USD 3.40 billion by 2022 from USD 2.70 billion in 2017, at a CAGR of 4.7%. Factors driving growth of compression therapy market include growing target patient population, significant sports injuries & accidents across globe, & technological advancements in orthopedic industry.

Lack of universally accepted standards for compression products & lower patient compliance for compression garments are key factors restraining growth of compression therapy market globally.

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Compression therapy market report covers the market across four major geographies, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW). Of the four geographic regions studied in the report, North America is estimated to command the largest share of the market in 2017.

The large share of the North American market can be mainly attributed to the presence of a number of compression therapy product manufacturers and growing prevalence of target conditions.

Key Target Audience:

  • Compression therapy product manufacturers
  • Product suppliers, direct distributors, and third-party sales channels
  • Healthcare providers (hospitals, orthopedic clinics, and outpatient clinics)
  • Research laboratories and academic institutes
  • Medical and clinical research laboratories
  • Market research and business consulting firms
  • Government, national, and international regulatory authorities
  • Non-government and independent associations/organizations

Compression therapy market report studies compression therapy market based on product, technique, and application. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting the market growth.

Click now for more Details, Queries and Other Information on this study “Compression Therapy Market by Technique (Static, Dynamic), Product (Compression Garment (Stockings, bandages, Wraps), Compression Braces, Compression Pump), Application (Varicose Vein, Deep Vein Thrombosis, Lymphedema, Leg Ulcer) - Global Forecast to 2022research report can be requested at…unt?rname=1173314 .

Report studies the compression therapy market based on product, technique, and application. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting the market growth.

It analyzes opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for the market leaders.

Objectives of the study:

  • To define, describe, and forecast the global market on the basis of technique, product, application, and region
  • To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze the micromarkets with respect to individual growth trends, future prospects, and contributions to the total market
  • To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders

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