Compression therapy is a recognized treatment of choice for recurrent chronic venous diseases. Chronic venous diseases arise among individuals with increased strain on veins of the leg, thereby, resulting in the blood to flow back up and eventually pool out in the legs.The goal of the therapy is the healing of the ulcer and reduction of edema, lipodermatosclerosis, and pain associated with the ailment.These products are also extensively utilized to promote the circulation of blood within the body and prevent coagulation of fluids in tissue spaces, and therefore promote muscle health.
Market Industry Reports (MIR) has published a new report titled "Compression Therapy Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020–2030." According to the report, the Global Compression Therapy Market accounted for over US$ 3 million in 2019. It is anticipated to grow at a CAGR of ~4.5% from 2020 to 2030.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.
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