Compression therapy performs its function by strengthening vein support, a form of wound care that includes a simple & effective process of increasing the blood flow in the lower limbs. This therapy aims to gently apply pressure to the ankles and legs by wearing specifically designed products. These products then work to slowly stretch out vein walls and improve the overall circulation, which in turn, helps to eliminate swelling while reducing the pain.
Major Key Players of the Compression Therapy Market are:
DJO GLOBAL, INC., BSN medical, Medi GmbH & Co. KG, Inc., Tactile Medical., SIGVARIS GROUP., Smith & Nephew Plc. , 3M, ConvaTec Inc., Arjo., and Juzo, among others.
The global compression therapy market is majorly driven by rising incidents of sports injuries and accidents along with increasing applications of compression therapy products in sports medicine that are expected to provide lucrative growth opportunities for the market. Moreover, the rising number of individuals suffering from chronic venous diseases and experiencing increased pressure strains on leg veins is anticipated to further propel market growth during the forecast period. The continuously evolving lifestyle of people across the globe has led individuals to spend minimal time on physical activity, in turn, propelling the number of obesity-related ailments. Similarly, compression therapy products are also widely used among patients suffering from arthritis and a growing population suffering from such disorders is projected to considerably boost market growth during the forecast period. This is another factor responsible for the extensive growth of the global compression therapy market. However, reduced compliances for products due to users’ discomfort and potential problems that may arise due to the inappropriate donning of compression garments may restrict market growth to a certain extent.
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