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Compression Therapy Devices Market Global Overview 2020 – 3M, Smith & Nephew, Medtronic, SIGVARIS.

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Detail Analysis of Global Compression Therapy Devices Market with respect to region specific market growth and Top Companies analysis. Along with this regional analysis of the market which includes North America, Europe, Asia Pacific and Middle East and Africa.

The “Global Compression Therapy Devices Market Analysis to 2027” is a specialized and in-depth study of the healthcare industry with a focused global market trend. The report aims to provide an overview of global compression therapy devices with detailed market segmentation by treatment, application, end user, and geography. The global compression therapy devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

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Compression therapy devices are used to treat chronic diseases such as, lymphedema, leg-ulcers, phlebitis, thrombosis, and other forms of varicose veins. These devices are also used to prevent venous issues during pregnancy and for long distance travel. Depending on the pathology, medical compression therapy can be used in different forms such as, socks, stockings, tights, or bandages. Compression pumps are also available in the market which are kept around the affected area. The pump helps in unblocking the trapped fluid and gently compresses the area, reduces the pain and helps to mimic the way the body works generally.

The increasing prevalence of vascular diseases among the obese population, such as, venous veins, leg ulcers, foot ulcers, deep vein thrombosis and diabetic foot ulcers is the major factor fuelling the market for global compression therapy devices market. Increasing awareness on chronic wound associated risk factors and rising obese population also help to propel the growth of the market. Introduction of advanced compression therapy garments and devices in the market is anticipated to add novel opportunities for global compression therapy devices market in the forecast period.

Top Players:

1. 3M
2. Smith & Nephew
3. Medtronic
4. SIGVARIS
5. HARTMANN USA, Inc.
6. medi GmbH & Co. KG
7. BSN medical
8. ArjoHuntleigh
9. Juzo
10. Gottfried Medical, Inc.

The compression therapy devices market is classified by treatment which includes static compression therapy and dynamic compression therapy. The static compression therapy segment is further segmented in compression bandages, compression garments and diabetic shoes. The dynamic compression therapy segment is also classified as pumps and sleeves. The market by application can be categorized into varicose veins treatment, deep vein thrombosis treatment, lymphedema treatment, leg ulcer treatment and others. The market based on the end user is segmented as hospitals, ambulatory surgical centers and others.

The report provides a detailed overview on the industry including both qualitative and quantitative information. It provides overview and forecast of the global Compression Therapy Devices Market based on treatment, application and end user. It also provides market size and forecast till 2027 for overall Compression Therapy Devices Market with respect to five major regions, namely; North America, Europe, Asia-Pacific, Middle East and Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.

North America is expected to dominate the market due to the increasing prevalence of vascular diseases such as, diabetic foot ulcers, deep vein thrombosis, venous veins and leg ulcers or foot ulcers, and the presence of major players followed by Europe. The Asia-Pacific region is expected to have the significant growth in the forecast period due to government initiatives for vascular disease treatment and increasing obese population.

The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.

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Answers that the report acknowledges:

  • Market size and growth rate during forecast period
  • Key factors driving the “Compression Therapy Devices” market
  • Key market trends cracking up the growth of the “Compression Therapy Devices” market
  • Challenges to market growth
  • Detailed company profiles of key vendor of “Compression Therapy Devices” market
  • Detailed SWOT analysis of ten profiled companies
  • Opportunities and threats faces by the existing vendors in Global “COMPRESSION THERAPY DEVICES” market
  • Trending factors influencing the market in different geographical regions
  • Strategic initiatives focusing the leading vendors
  • PEST analysis of the market for the five major regions

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This post was originally published on Food and Beverage Herald

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