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.
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 growth of the compression therapy market can be attributed to the increasing number of orthopedic procedures, a rising number of accidents, and growing obese populations, around the globe. According to the American Academy of Orthopedic Surgeons (AAOS), by 2030, primary Total Hip Replacements (THR) and Total Knee Replacements (TKR) procedures are projected to grow a staggering171% and 189% respectively. Moreover, rising geriatric population, which is highly susceptible to orthopedic conditions, is anticipated to contribute to the high number of orthopedic procedures, which in turn is expected to propel the adoption of compression therapy products significantly in the coming years.
The Compression Therapy Market is segmented on the basis of Technique, Product, Applications and region.
Major Technique of Compression Therapy Market covered are:
- Static
- Dynamic
Major Product of Compression Therapy Market covered are:
- Compression Garment
- Compression Braces
- Compression Pumps
Major Applications of Compression Therapy Market covered are:
- Varicose Veins
- Deep Vein Thrombosis (DVT)
- Lymphedema
- Leg Ulcers
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