Compression Therapy Market size was valued at USD 4.19 billion in 2024 and is expected to reach USD 8.72 billion by the end of 2037, expanding at around 5.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of compression therapy is evaluated at USD 4.38 billion. The reason behind the growth is impelled by increase in incidence of chronic diseases. Chronic diseases such as lymphedema, deep vein thrombosis, and chronic venous insufficiency are on the rise, driving the demand for compression therapy that involves applying pressure to the affected area of the body using specially designed garments, stockings, or bandages. According to the World Health Organization (WHO), chronic diseases account for 60% of all deaths globally.
The spike in research spending are believed to fuel the market growth. This has led to increased investment in research and development activities to continuously find more viable solutions for compression therapy.
Author Credits: Radhika Pawar
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