Product (Compression Pumps, Compression Stockings, Ortho Braces, Bandages, Wraps, Tapes)
The compression pumps segment in the compression therapy market is estimated to hold 25% of the revenue share during the forecast owing to the technological advancements. The development of portable and wearable compression pumps has made them more convenient and accessible to patients. These devices can be worn discreetly under clothing and can be used at home or on the go, enabling patients to manage their conditions more effectively. As awareness of the benefits of compression therapy increases, more patients and healthcare providers are turning to compression pumps as a non-invasive treatment option. This is driving the demand for these products and contributing to their growth.
Application (Deep Vein Thrombosis (DVT), Varicose Vein, Lymphedema Ulcer)
The varicose vein treatment segment is set to garner a notable share shortly. Varicose veins are commonly treated with graduated compression therapy as they can help ease the pain and reduce swelling. Compression stockings, in particular, can help enhance circulation and support the veins by providing distally increasing compression of 18-40 mmHg. Besides this, these stockings may not be effective in removing varicose veins but they can increase blood circulation.
End-User (Hospital, Home Care, Pharmacies, Online Pharmacies)
Compression therapy market from the hospital segment is set to garner a significant share in the coming years on account of the large number of patients requiring treatment for various conditions. Hospitals provide a wide range of medical care. They know how to solve common problems and have the resources to solve more complex medical problems.
Moreover, hospitals may also offer specialized care, and treat patients with chronic wounds where compression therapy can aid in wound healing. Besides this, daily several surgical procedures take place within the hospital premises which may necessitate the usage of compression therapy to prevent blood clots after the surgery.
Our in-depth analysis of the global market includes the following segments:
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Author Credits: Radhika Pawar
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