United States Compression Therapy Market Projected to Reach USD 4.71 billion by 2030, With 5.8% CAGR

Global Compression Therapy Market include -DJO Global, Inc., BSN medical, medi GmbH & Co. KG, Tactile Medical

LUTON, BEDFORDSHIRE, UNITED KINGDOM, April 25, 2024 /EINPresswire.com/ -- The “Compression Therapy Market report provides a holistic evaluation of the market for the forecast period (2024-2030). The report comprises of various segments as well an analysis of the trends and factors that are playing a substantial role in the market. The industry's size, revenues, market shares, major categories, drivers, and other market-related factors. The Compression Therapy market report also identifies regional industrial presence and market-limiting variables that could have an impact on growth trends after the projected period of 2030. These factors the market dynamics, involves the drivers, restraints, opportunities and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market This report additionally states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins. The report also focuses on Compression Therapy market major leading industry players of Compression Therapy market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information.

The global compression therapy market is expected to grow at 5.8% CAGR from 2024 to 2030. It is expected to reach above USD 4.71 billion by 2030 from USD 2.83 billion in 2020.

𝐆𝐞𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞, 𝐒𝐏𝐄𝐂𝐈𝐀𝐋 𝐎𝐅𝐅𝐄𝐑 (𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 𝐚𝐧 𝐔𝐩-𝐭𝐨 𝟐𝟎% 𝐝𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭)

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TOP Prominent Manufactures of Compression Therapy Market:

DJO Global, Inc., BSN medical, medi GmbH & Co. KG, Tactile Medical, SIGVARIS, Sanyleg S.r.l., 3M Company, ConvaTec Inc., ArjoHuntleigh, and Julius Zorn GmbH

Recent development:

In 2022, DJO acquired the EXCYABIR hip brace and the CryoKnee knee brace from Outcome-based Technologies to build its portfolio of bracing solutions, specifically in the fast-growing hip bracing category.

Compression Therapy Market Segment

Global Compression Therapy Market by Technique, 2020-2029, (USD Million)

Static

Dynamic

Global Compression Therapy Market by Product, 2020-2029, (USD Million)

Garments (Stockings, Bandages, Wraps)

Ortho Braces

Pump

Global Compression Therapy Market by Application, 2020-2029, (USD Million)

Varicose Vein

DVT

Lymphedema

Leg Ulcer

Global Compression Therapy Market by Distribution, 2020-2029, (USD Million)

Clinics

Pharmacies

E-Comm

The cost analysis of the Compression Therapy market has been performed while keeping in view manufacturing expenses, labour cost, and raw materials and their market concentration rate, suppliers, and price trend. Other factors such as Supply chain, downstream buyers, and sourcing strategy have been assessed to provide a complete and in-depth view of the market. Buyers of the report will also be exposed to a study on market positioning with factors such as target client, brand strategy, and price strategy taken into consideration.

Geographically, the detailed analysis of consumption, revenue, Compression Therapy market share and growth rate, historical data and forecast (2024-2030):

North America (United States, Canada)

Europe (Germany, France, UK, Italy, Russia, Spain)

Asia Pacific (China, Japan, Korea, India, Australia, New Zealand)

Middle East & Africa (Middle East, Africa)

Latin America (Mexico, Brazil, C. America, Chile, Peru, Colombia)

Dominating Region:

The compression therapy market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. In 2021, North America is expected to account for the largest share of the global market.

Asia Pacific is projected to register the highest growth during the forecast period. This can primarily be attributed to the rising geriatric population along with the growing significant prevalence of orthopaedic and diabetes-related diseases in this population in Asian countries, especially in China and India.

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Compression Therapy Market Key Indicators Analysed:

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2024-2030 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2024-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Compression Therapy Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

𝐑𝐞𝐚𝐬𝐨𝐧𝐬 𝐭𝐨 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:

Estimates 2024-2030 Compression Therapy Report on, Status and Forecast, by Players, Types and Applications market development trends with the recent trends and SWOT analysis

Market dynamics scenario, along with growth opportunities of the market in the years to come

Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects

Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

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