Learn about the global compression therapy market through The Business Research Company, which provides information on compression therapy market size, compression therapy market drivers and restraints, compression therapy market players, the COVID-19 impact on the compression therapy market, and more.

The global compression therapy market is expected to grow from $3.44 billion in 2021 to $3.65 billion in 2022 at a compound annual growth rate (CAGR) of 6.3%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The compression therapy market is expected to reach $4.64 billion in 2026 at a CAGR of 6.2%.

The rise in the geriatric population is contributing to the growth of the compression therapy market.

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The compression therapy market consists of sales of compression therapy products and related services by entities (organizations, sole traders, and partnerships) that are engaged in the manufacturing of compression therapy products. Compression therapy is the application of elastic or inelastic wraps or garments that exert sustained external pressure over the lower extremities to relieve venous congestion thereby reducing edema and promoting the return of venous blood to the heart.

Global Compression Therapy Market Segments Include:

By Product: Compression Pumps, Compression Stockings, Compression Bandages, Compression Tapes

By Technique: Static Compression Therapy, Dynamic Compression Therapy

By Application: Varicose Vein Treatment, Deep Vein Thrombosis Treatment, Lymphedema Treatment, Leg Ulcer Treatment, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the compression therapy market in 2021.

Players in the compression therapy market are increasingly focusing on the launching of new compression therapy systems.

TBRC’s compression therapy market report covers:

Major Market Players: 3M Health Care, ArjoHuntleigh, BSN Medical, Medi GmbH & Co KG, PAUL HARTMANN AG, SIGVARIS MANAGEMENT AG, Tactile Medical, DJO Global Inc., ConvaTec Inc. and ArjoHuntleigh.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Compression Therapy Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides compression therapy market overviews, analyses and forecasts market size, share, compression therapy market players, compression therapy market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s compression therapy market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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