Compression Therapy Market Trends

Growth Drivers

Rising Aging Population- Many older people who live at home wear medical compression stockings to avoid venous insufficiency, aching legs, and leg ulcers as it has the potential to alleviate pain and inflammation in older adults.Lately, more than 8% of the world's population is 65 or older.
Growing Preference for Non-Invasive Treatments - Compression therapy is a non-invasive treatment option for managing a range of medical conditions, leading to an increase in demand for these products.

Challenges

Compliance Issues- Compression therapy products need to be worn consistently and correctly to be effective, but many patients struggle to comply with the recommended regimen due to discomfort, inconvenience, or lack of understanding of the treatment.
Side Effects Caused by Using Compression Garments
Competition from Alternative Treatment May Limit the Adoption of Compression Therapy

Compression Therapy Market: Key Insights

Base Year	2024
Forecast Year	2025-2037
CAGR	5.8%
Base Year Market Size (2024)	USD 4.19 billion
Forecast Year Market Size (2037)	USD 8.72 billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of compression therapy is evaluated at USD 4.38 billion.

The 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. Increase in incidence of chronic diseases and the spike in research spending will drive the market growth.

North America industry is poised to dominate majority revenue share 45% by 2037, impelled by increasing spending in healthcare in the region.

The major players in the market are BSN Medical, Medtronic PLC, Bio Compression Systems, Inc., Sigvaris, Inc., Medi GmbH & Co. KG, Tactile Medical, DJO Global, Inc., Sanyleg S.r.l., Paul Hartmann AG.

Compression Therapy Market Trends