Compression Therapy Market Overview:
This Compression Therapy Market study looks at current and emerging industry trends and dynamics in the global Compression Therapy market. Compression Therapy Extensive market forecasting for the major market segments is carried out between 2023 and 2029. Extensive Compression Therapy market analysis is carried out by closely monitoring key product positions and the main competitors in the market framework. To understand the competitive landscape of the worldwide Compression Therapy market, key players are profiled and their strategies are thoroughly evaluated.
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Compression Therapy Market Scope:
Compression therapy plays an important role for wound and ulcer care. Compression therapy can be administered using bandages, stockings, and intermittent pneumatic compression (IPC) devices. The increasing surge of the various disorders like Chronic venous disease, Cirrhosis, Angioedema, Lymphedema; wearing compression gloves and stockings helps in preventing the accumulation of fluid; has driven the market of Compression Therapy.
Moreover to ensure precise pressure control and improve compliance, a device that monitors and adjust the compression is highly desirable, Pneumatic Compression Devices (PCD) offers this possibility. The PCD which are available in 3 different types like Fixed PCDs with no mobility, Semi-portable PCDs with extended mobility and Portable PCDs where one can move freely while the device is operating are the emerging devices has further contributing to drive the Compression Therapy market.
Compression Therapy Market Segmentation:
by Product Type
1. Post-Surgical Compression
1.1 Thrombo-Embolus deterrent
1.2 Graduated Compression socks
1.3 Other Forms of Surgical Compressions
2. Athletic Compression
2.1 Knee-length Compression socks
2.2 Compression Ankle Socks
2.3 Compression Sleeves
2.4 Compression ShortTights
2.5 Compression ShirtsBody Suits
by Application
1. Treatment of Rheumatoid Arthritis
2. Treatment of Post Thrombic Syndrome
3. Treatment of Chronic Ulcers
4. Treatment of lymphedema
by Technology
1. Static Compression
2. Dynamic Compression
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Compression Therapy Market Key Players:
The market research report provides comprehensive quantitative insights that provide a clear picture of the worldwide market potential in a variety of categories, as well as country-by-country analyses in each covered topic. The analysis investigates the market's major influencing factors, as well as complete company profiles of
1. DJO Global Inc(US)
2. Tactile Medical(US)
3. Cardinal Health, Inc.(US)
4. Bio Compression Systems, Inc(US)
5. ArjoHuntleigh (Sweden)
6. BSN Medical(Germany)
7. medi GmbH Co KG(Germany)
8. Julius Zorn GmbH(Germany)
9. PAUL HARTMANN AG(Germany)
10. SIGVARIS MANAGEMENT AG.(Australia)
11. Smith Nephew PLC.(UK)
12. Convatec Inc.(UK)
13. 3M Health Care (UK)
14. Sanyleg S.R.L.(Italy)
15. Covidien plc(Ireland)
16. Medtronic PLC(Ireland)
Regional Analysis:
COVID-19 Impact Analysis on Compression Therapy Market:
The COVID-19 epidemic has had a significant impact on the global Compression Therapy industry. Compression Therapy Production facilities were halted due to the global economic slump and a lack of manpower. The COVID-19 pandemic has led to a significant and extended drop in production utilization, and travel prohibitions and facility closures have kept personnel away from their facilities, causing the Compression Therapy market to decelerate in 2020. The negative impact of COVID-19 on the Compression Therapy market, on the other hand, is expected to be transitory, and the sector is expected to revive significantly by early 2021, owing to increased demand for Compression Therapy .
Key Questions Answered in the Compression Therapy Market Report are:
- Which segment was responsible for the largest share in the Compression Therapy market?
- How was the competitive scenario of the Compression Therapy market in 2020?
- Which are the key factors responsible for the Compression Therapy market growth?
- Which region held the maximum share in the Compression Therapy market in 2020?
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