One Stop Shop For Reports One Stop Shop For Reports
  • All Reports
  • All Sectors
    • Chemicals & Materials
      • Advanced Materials
      • Bulk Chemicals
      • Coatings | Paints and Additives
      • Composites
      • Renewable | Speciality chemicals
    • Consumer Goods
      • Baby Products
      • Consumer Electronics
      • Consumer Packaging
      • Cosmetics & Personal Care
      • Homecare & Decor
      • Luxury & premium products
    • Energy and Power
      • Energy Efficiency and Conservation
      • Green | Renewable Energy
      • Non Renewable | Conventional Energy
      • Power Equipment and Devices
    • Life Science
      • Biotechnology
      • Diagnostics
      • Healthcare
      • Healthcare IT
      • Medical Devices & Supplies
      • Pharmaceuticals
    • Food and Beverage
      • Agriculture & Agri Products
      • Beverages
      • Food Ingredients
      • Food Services and Hospitality
      • Nutraceutical | Wellness Food
      • Processed & Frozen Foods
    • Automotive and Transportation
      • Automotive components
      • Automotive Logistics
      • Automotive systems and accessories
    • Information and Communications Technology
      • E Commerce and Outsourcing
      • Entertainment & Media
      • High Tech | Enterprise & Consumer IT
      • Information & Network Security
      • Mobility | Telecom & Wireless
      • Software and Services
    • Semiconductor and Electronics
      • Semiconductor Materials and Components
      • Display Technology
      • Electronics System and Components
      • Emerging technologies
      • Security and Surveillance
      • Sensors and Controls
    • Building and Construction
      • Construction Materials
      • HVAC
      • Residential Construction and Improvement
      • Roads & Highways
    • Manufacturing
      • Manufacturing Services
      • Heavy Manufacturing
      • Packaging
      • Engineering | Equipment and Machinery
  • Who Trust Us
  • [email protected]
  • +1 718 874 1545 (International)
  • +91 78878 22626 (Asia)

More Results

One Stop Shop For Reports One Stop Shop For Reports
  • All Reports
  • All Sectors
    • Chemicals & Materials
      • Advanced Materials
      • Bulk Chemicals
      • Coatings | Paints and Additives
      • Composites
      • Renewable | Speciality chemicals
    • Consumer Goods
      • Baby Products
      • Consumer Electronics
      • Consumer Packaging
      • Cosmetics & Personal Care
      • Homecare & Decor
      • Luxury & premium products
    • Energy and Power
      • Energy Efficiency and Conservation
      • Green | Renewable Energy
      • Non Renewable | Conventional Energy
      • Power Equipment and Devices
    • Life Science
      • Biotechnology
      • Diagnostics
      • Healthcare
      • Healthcare IT
      • Medical Devices & Supplies
      • Pharmaceuticals
    • Food and Beverage
      • Agriculture & Agri Products
      • Beverages
      • Food Ingredients
      • Food Services and Hospitality
      • Nutraceutical | Wellness Food
      • Processed & Frozen Foods
    • Automotive and Transportation
      • Automotive components
      • Automotive Logistics
      • Automotive systems and accessories
    • Information and Communications Technology
      • E Commerce and Outsourcing
      • Entertainment & Media
      • High Tech | Enterprise & Consumer IT
      • Information & Network Security
      • Mobility | Telecom & Wireless
      • Software and Services
    • Semiconductor and Electronics
      • Semiconductor Materials and Components
      • Display Technology
      • Electronics System and Components
      • Emerging technologies
      • Security and Surveillance
      • Sensors and Controls
    • Building and Construction
      • Construction Materials
      • HVAC
      • Residential Construction and Improvement
      • Roads & Highways
    • Manufacturing
      • Manufacturing Services
      • Heavy Manufacturing
      • Packaging
      • Engineering | Equipment and Machinery
  • Who Trust Us
Home ➤ Life Science ➤ Therapeutics ➤ Compression Therapy Market
Compression Therapy Market
Compression Therapy Market
Published date: June 2024 • Formats:
Request Sample Schedule a Call
  • Home ➤ Life Science ➤ Therapeutics ➤ Compression Therapy Market

Global Compression Therapy Market By Technique (Static Compression Technique, Dynamic Compression Technique), By Product (Compression Garments, Compression Bandages, Compression Tapes, Other), By Application (Varicose Vein Treatment, Deep Vein Thrombosis Treatment, Lymphedema Treatment, Other), By Distribution Channel (Hospital & Clinics, Pharmacies & Retailers, Home Care Settings, Other), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2024-2033

  • Published date: June 2024
  • Report ID: 40494
  • Number of Pages: 329
  • Format:
  • Overview
  • Table of Contents
  • Major Market Players
  • Request a Free Sample
  • Quick Navigation

    • Report Overview
    • Key Takeaways
    • Technique Analysis
    • Product Analysis
    • Application Analysis
    • Distribution Channel Analysis
    • Market Segments
    • Driver
    • Trend
    • Restraint
    • Opportunity
    • Regional Analysis
    • Key Players Analysis
    • Recent Developments
    • Report Scope

    Report Overview

    The Global Compression Therapy Market size is expected to be worth around USD 7.3 Billion by 2033, from USD 4.1 Billion in 2023, growing at a CAGR of 5.9% during the forecast period from 2024 to 2033.

    An elastic device is used to administer medical compression therapy. It provides regulated pressure to the limbs and other areas of the body. The device presses vein walls together, increasing circulation. Compression therapy is commonly used after surgery to reduce swelling and improve leg circulation. Walking, or any other activity that involves leg movement, causes contraction and relaxation of the calves muscles. This helps to improve blood flow from the lower extremities to the heart.

    Various factors that contributed to the growth of the market were the increased incidence of vein-related conditions such as deep vein thrombosis, leg ulcers, varicose veins, lymphedema, and blood clots. Additionally, for the treatment of these disorders, there is a remarkable increase in the utilization of products, mostly stockings and bandages. This factor propels the growth of the market.

    Compression Therapy Market Growth

    Key Takeaways

    • Market Growth: Compression Therapy Market set to reach USD 7.3 Billion by 2033, growing at a 5.9% CAGR from USD 4.1 Billion in 2023.
    • Technique Analysis: Static compression technique dominated the market in 2023 (53.7% share).
    • Product Preference: Compression bandages account for 38% market share, favored for treating edema and venous disorders in the lower limb.
    • Application Focus: Varicose vein treatment holds a significant market share of 34.5% in 2023, demonstrating a growing preference for compression therapy in managing this condition.
    • Distribution Dynamics: Hospitals & clinics dominate distribution with a 53% market share in 2023, while e-commerce platforms exhibit the fastest growth.
    • Regional Dominance: North America leads with a 36.2% market share, amounting to USD 1.48 Billion, driven by an aging population and rising obesity rates.

    Technique Analysis

    Static Compression Technique Dominated the Market

    On the basis of technique segment, the market is divided into static and dynamic compression techniques. Among them, the static compression technique dominated the market with a share of 53.7% in 2023, due to this technology’s high convenience and user-friendly attributes. The significant portion of the market captured by this segment can be attributed to the ease of access to these products, making them highly effective in treating edema & sports-related injuries and providing relief from pain and pressure.

    Moreover, the advantages associated with static technology have been a fascinating factor, and this influence both patients and physicians. These factors can be attributed to the segment growth.

    Product Analysis

    Compression Bandages Accounted 38% Market Share in 2023

    On the basis of product segment, the market is divided into compression garments, compression bandages, compression tapes, compression pumps, compression ortho braces, and other products. Among them, the compression bandages collected the majority of the market share.

    The popularity of these bandages is increasing due to the increasing adoption of bandages for treating edema and venous and lymphatic disorders in the lower limb as they are cost-effective and sustain high tension. Moreover, they possess properties such as elasticity and flexibility. Also, healthcare professionals extensively prefer these bandages because it improves treatment outcomes.

    Compression Therapy Market Size 1

    Application Analysis

    Varicose Vein Treatment Has Acquired 34.5% Market Share in 2023

    On the basis of application segment, the market is divided into deep vein thrombosis treatment, lymphedema treatment, leg ulcer treatment, varicose vein treatment, and others. The varicose vein treatment holds the maximum share of 34.5%. Among these, the varicose vein treatment has emerged as a dominating segment in the market. It is expected to maintain its dominance in the forecast period owing to the growing preference for compression therapy in managing varicose veins.

    Moreover, continuous advancements in the devices utilized for such treatments have significantly fueled the demand for compression therapy devices. These developments are contributing to the overall growth and popularity of compression therapy in the medical field.

    Distribution Channel Analysis

    The Hospital & Clinics Segment Collected 53% of Market Share in 2023

    On the basis of distribution channel, the market is divided into hospitals & clinics, pharmacies & retailers, home care settings, e-commerce platforms, and other distribution channels. Among them, the hospital & clinics segment has collected the majority of the market share, and it is expected to dominate the market during the forecast period.

    Moreover, the e-commerce platforms were estimated to grow at the fastest CAGR owing to the increase in sales of compression therapy products for treatment of diseases through the platform.

    Market Segments

    By Technique

    • Static Compression Technique
    • Dynamic Compression Technique

    By Product

    • Compression Garments
    • Compression Bandages
    • Compression Tapes
    • Compression Pumps
    • Compression Ortho Braces
    • Other Products

    By Application

    • Varicose Vein Treatment
    • Deep Vein Thrombosis Treatment
    • Lymphedema Treatment
    • Leg Ulcer Treatment
    • Other Applications

    By Distribution Channel

    • Hospital & Clinics
    • Pharmacies & Retailers
    • Home Care Settings
    • E-commerce Platforms
    • Other Distribution Channels

    Driver

    The primary driver of the compression therapy market is the rising prevalence of venous disorders and chronic conditions such as lymphedema, deep vein thrombosis (DVT), and varicose veins. According to the World Health Organization (WHO), venous thromboembolism affects 1 in 1,000 people annually worldwide. This increasing patient population necessitates effective management solutions, making compression therapy a crucial treatment option.

    Additionally, the growing elderly population, who are more prone to chronic venous disorders, significantly contributes to market growth. The enhanced awareness about the benefits of compression therapy among patients and healthcare providers further propels market demand.

    Trend

    A significant trend in the compression therapy market is the integration of advanced materials and technologies into compression garments. Innovations such as gradient compression, which provides varying degrees of pressure along the limb, and smart textiles embedded with sensors for real-time monitoring are transforming patient care. These advancements not only improve patient compliance but also enhance therapeutic outcomes.

    For instance, smart compression garments can alert patients and healthcare providers about the optimal time for garment replacement or adjustments, thereby ensuring effective treatment. This trend towards technologically advanced products is expected to sustain market growth.

    Restraint

    One of the primary restraints of the compression therapy market is the high cost associated with advanced compression garments and devices. While traditional compression stockings and bandages are relatively affordable, the newer, technologically enhanced products come at a premium price. This can limit their adoption, especially in developing regions where healthcare budgets are constrained.

    Additionally, the lack of reimbursement policies for compression therapy in certain countries further hampers market growth. Patients in these regions may find it challenging to afford advanced compression therapy solutions, thereby affecting overall market expansion.

    Opportunity

    The expanding scope of e-commerce and telemedicine presents a significant opportunity for the compression therapy market. The increasing penetration of the internet and the rising popularity of online shopping platforms enable manufacturers to reach a broader customer base, including remote and underserved areas. Telemedicine allows for virtual consultations, where healthcare providers can prescribe compression therapy products and guide patients on their proper use.

    This approach not only improves accessibility but also enhances patient adherence to therapy. Leveraging these digital platforms can drive market growth by making compression therapy more accessible and convenient for patients globally.

    Regional Analysis

    North America Has Dominated the Compression Therapy Market

    North America has collected the majority of the market share of 36.2% and holds USD 1.48 Billion market value for the year, and leads the market owing to the increasing elderly population and rising obesity rates in the region over recent years. Additionally, favorable government reimbursement policies and growing healthcare awareness have played pivotal roles in the region’s growth. Moreover, the escalating burden of chronic vein disorders (CVD) has further propelled market expansion in North America.

    Asia Pacific region is expected to experience substantial growth throughout the forecast period. This growth is fueled by considerable investments in R&D by key industry players and initiatives to introduce products at more affordable prices. Furthermore, rising disposable incomes increase the possibility of product usage, while continuous improvements in healthcare infrastructure present lucrative growth opportunities in the region.

    Compression Therapy Market Regions

    Key Regions

    • North America
      • The US
      • Canada
      • Mexico
    • Western Europe
      • Germany
      • France
      • The UK
      • Spain
      • Italy
      • Portugal
      • Ireland
      • Austria
      • Switzerland
      • Benelux
      • Nordic
      • Rest of Western Europe
    • Eastern Europe
      • Russia
      • Poland
      • The Czech Republic
      • Greece
      • Rest of Eastern Europe
    • APAC
      • China
      • Japan
      • South Korea
      • India
      • Australia & New Zealand
      • Indonesia
      • Malaysia
      • Philippines
      • Singapore
      • Thailand
      • Vietnam
      • Rest of APAC
    • Latin America
      • Brazil
      • Colombia
      • Chile
      • Argentina
      • Costa Rica
      • Rest of Latin America
    • Middle East & Africa
      • Algeria
      • Egypt
      • Israel
      • Kuwait
      • Nigeria
      • Saudi Arabia
      • South Africa
      • Turkey
      • United Arab Emirates
      • Rest of MEA

    Key Players Analysis

    Stryker made a Significant Announcement about the Inauguration of a New R&D Facility in India

    Manufacturers in the market are actively implementing various strategic initiatives to establish a robust position and enhance their overall presence. These initiatives encompass partnership & collaboration, acquisition & mergers, and increasing investments in research and development (R&D). By expanding their R&D capabilities, key players can effectively develop and launch innovative products, thereby expanding their product portfolio and securing a strong market position.

    For instance, in June 2022, Stryker made a significant announcement about the inauguration of a new R&D facility in India. Covering an area of 150,000 square feet, this facility aims to accelerate innovation not only in India but also on a global scale. Additionally, this move reinforces the company’s commitment to improving healthcare worldwide.

    Top Key Players

    • Stryker Corporation
    • Cardinal Health
    • Medi GmbH & Co.
    • BSN Medical GmbH
    • Julius Zorn GmbH
    • 3M Health Care
    • Bio Compression Systems, Inc.
    • Gottfried Medical
    • Hartmann AG
    • Other Key Players

    Recent Developments

    • In August 2023, Medi GmbH & Co. made a strategic move by acquiring Lympha Press International, a prominent player in intermittent pneumatic compression (IPC) therapy devices. This acquisition enhances Medi’s product range in the dynamic compression sector.
    • In June 2023, 3M Health Care responded to the rising demand for comfortable compression wear with the introduction of a new line of compression socks and stockings under the Futuro brand. These products boast improved graduated compression and advanced moisture-wicking technology, catering to everyday use.
    • In April 2023, BSN Medical GmbH joined forces with PhysiPod, a digital therapeutics company. Together, they are developing a connected compression garment system that syncs with a mobile app for personalized treatment plans and remote monitoring. This aligns with the growing trend of incorporating digital health solutions in compression therapy.

    Report Scope

    Report Features Description
    Market Value (2023) USD 4.1 Billion
    Forecast Revenue (2033) USD 7.3 Billion
    CAGR (2024-2033) 5.6%
    Base Year for Estimation 2023
    Historic Period 2018-2022
    Forecast Period 2024-2033
    Report Coverage Revenue Forecast, Market Dynamics, Competitive Landscape, Recent Developments
    Segments Covered By Technique- Static Compression Technique, Dynamic Compression Technique; By Products- Compression Garments, Compression Bandages, Compression Tapes, Compression Pumps, Compression Ortho Braces, and Other Products; By Application- Varicose Vein Treatment, Deep Vein Thrombosis Treatment, Lymphedema Treatment, Leg Ulcer Treatment, and Other Applications; By Distribution Channel- Hospital & Clinics, Pharmacies & Retailers, Home Care Settings, E-commerce Platforms, and Other Distribution Channels.
    Regional Analysis North America – The US, Canada, & Mexico; Western Europe – Germany, France, The UK, Spain, Italy, Portugal, Ireland, Austria, Switzerland, Benelux, Nordic, & Rest of Western Europe; Eastern Europe – Russia, Poland, The Czech Republic, Greece, & Rest of Eastern Europe; APAC – China, Japan, South Korea, India, Australia & New Zealand, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, & Rest of APAC; Latin America – Brazil, Colombia, Chile, Argentina, Costa Rica, & Rest of Latin America; The Middle East & Africa – Algeria, Egypt, Israel, Kuwait, Nigeria, Saudi Arabia, South Africa, Turkey, United Arab Emirates, & Rest of MEA.
    Competitive Landscape Stryker Corporation, Cardinal Health, Medi GmbH & Co., BSN Medical GmbH, Julius Zorn GmbH, 3M Health Care, Bio Compression Systems, Inc., Gottfried Medical, Hartmann AG, and Other Key Players.
    Customization Scope Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements.
    Purchase Options We have three licenses to opt for: Single User License, Multi-User License (Up to 5 Users), Corporate Use License (Unlimited User and Printable PDF).

    Frequently Asked Questions (FAQ)

    What is the projected CAGR at which the Compression Therapy market is expected to grow at?

    The Compression Therapy market is expected to grow at a CAGR of 5.9% (2024-2033).

    List the segments encompassed in this report on the Compression Therapy market?

    Market.US has segmented the Compression Therapy market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By Technique the market has been segmented into Static Compression Technique, Dynamic Compression Technique. By Product the market has been segmented into Compression Garments, Compression Bandages, Compression Tapes, Other. By Application the market has been segmented into Varicose Vein Treatment, Deep Vein Thrombosis Treatment, Lymphedema Treatment, Other. By Distribution Channel the market has been segmented into Hospital & Clinics, Pharmacies & Retailers, Home Care Settings, Other.

    List the key industry players of the Compression Therapy market?

    Stryker Corporation, Cardinal Health, Medi GmbH & Co., BSN Medical GmbH, Julius Zorn GmbH, 3M Health Care, Bio Compression Systems, Inc., Gottfried Medical, Hartmann AG, Other Key Players

    Which region is more appealing for vendors employed in the Compression Therapy market?

    North America is expected to account for the highest revenue share of 36.2% and boasting an impressive market value of USD 1.48 billion. Therefore, the Compression Therapy industry in North America is expected to garner significant business opportunities over the forecast period.

    Name the key areas of business for Compression Therapy?

    The US, Canada, India, China, UK, Japan, & Germany are key areas of operation for the Compression Therapy Market.

    Compression Therapy Market
    Compression Therapy Market
    Published date: June 2024
    add_shopping_cartBuy Now get_appDownload Sample
    keyboard_arrow_up
    • Stryker Corporation Company Profile
    • Cardinal Health
    • Medi GmbH & Co.
    • BSN Medical GmbH
    • Julius Zorn GmbH
    • 3M Health Care
    • Bio Compression Systems, Inc.
    • Gottfried Medical
    • Hartmann AG
    • Other Key Players
  • settingsSettings

Related Reports

  • CAR-T Cell Therapies Market
  • Digital Therapeutics Market
  • Compression Therapy Market
  • Peptide Therapeutics Market
  • Brain Implants Market
  • Sickle Cell Disease Treatment Market
  • Brachytherapy Market

Our Clients

  • Our Clients
Inquiry Before Buying

Compression Therapy Market
  • 40494
  • June 2024
    • ★★★★★
      ★★★★★
    • (7)
add_shopping_cart Buy Now
Trusted by more than 17382 organizations globally
  • Client Logo
  • Client Logo
  • Client Logo
✖
Request a Sample Report
We'll get back to you as quickly as possible

Single User
$6,000
$3,999
USD / per unit
save 24%
Multi User
$8,000
$5,999
USD / per unit
save 28%
Corporate User
$10,000
$6,999
USD / per unit
save 32%
e-Access
Report Library Access
Data Set (Excel)
Print
Company Profile Library Access
Interactive Dashboard
Free Custumization No up to 10 hrs work up to 30 hrs work
Accessibility 1 User 2-5 User Unlimited
Analyst Support up to 20 hrs up to 40 hrs up to 50 hrs
Benefit Up to 20% off on next purchase Up to 25% off on next purchase Up to 30% off on next purchase
Buy Now ($ 3,999) Buy Now ($ 5,999) Buy Now ($ 6,999)
  • location_on420 Lexington Avenue, Suite 300 New York City, NY 10170,
    United States
  • phone+1 718 874 1545 (International)
  • phone+91 78878 22626 (Asia)
  • email[email protected]
  • Facebook Logo
  • Twitter Logo
  • LinkedIn Logo
Find Help
  • Contact Us
  • How to Order
Legal
  • Privacy Policy
  • Refund Policy
  • Frequently Asked Questions
  • Terms and Conditions
Explore
  • About Us
  • All Reports
  • All Sectors
  • Infographics
  • Statistics and Facts
  • Companies
Secured Payment Options
Secured Payment Options

© 2025 Market.Us. All Rights Reserved.