Global Market Study on Compression Therapy: Asia to Witness Highest Growth by 2020
Description-
Compression
Therapy
is a procedure entailing the delivery of an external force to tired
and aching legs and other relevant anatomical targets where
compression is required for management. This therapy is used to treat
venous and lymphatic diseases, such as lower limb edema, venous
eczema, deep vein thrombosis, and diabetic foot ulcers.
Compression
can be achieved by using garments such as bandages and stockings.
These compression garments prevent blood from pooling in the legs,
which, in turn, helps improve blood circulation. Compression garments
are designed to apply differing amounts of pressure to various parts
of the leg.
To
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Increasing
prevalence of diabetes, growing aging population, high incidence of
sports injuries, rising awareness about various venous diseases, and
the advanced features of compression therapy garments and devices are
the major drivers of the global compression therapy market. On the
other hand, inadequate reimbursement policies and risk of
complications associated with compression therapy devices are some of
the major restraints for the compression therapy market.
In
terms of geography, North America dominates the compression therapy
market, followed by Europe. This is due to increasing number of
sports injuries and a growing aging population in the region.
According to Safe Kids Worldwide, a global organization dedicated to
preventing injuries in children, every year about 1.3 million cases
of sports injuries among youngsters are registered in the U.S.
Moreover, increasing prevalence of diabetes and rising obesity are
also supporting the growth of compression therapy market in North
America.
The
compression therapy market in Europe is expected to witness moderate
growth attributable to rising incidence of sports injuries in the
region. In Europe, Germany, France, the U.K., Italy, and Spain
account for the majority share of the compression therapy market. The
compression therapy market is expected to expand at a significant
rate over the next few years. This is due to the rising number of
sports injuries in various countries, such as India, and especially
the Southeast Asian countries. Moreover, a growing aging population
and increasing prevalence of diabetes are also supporting the growth
of compression therapy market in the region. India, China, and Japan
are expected to be the fastest-growing markets for compression
therapy in Asia.
This
report provides in-depth analysis and estimation of the compression
therapy market for the period from 2014 to 2020, considering 2014 as
the base year for calculation. In addition, data pertaining to
current market dynamics, including market drivers, restraints,
trends, and recent developments, have been provided in the report.
The compression therapy market is categorized based on static
compression therapy, dynamic compression therapy, and geography.
Based on static compression therapy, the market is further
categorized into compression bandages, compression garments, diabetic
shoes, and others. Based on dynamic compression therapy, the report
comprises non-segmented pneumatic pump and segmented pneumatic pumps.
On the basis of geography, the report identifies and analyzes the
market size and predictions for North America, Europe, Asia, and the
Rest of the World (RoW).
Some
of the major players in the compression therapy market are SIGVARIS,
BSN medical GmbH, PAUL HARTMANN AG, Julius Zorn GmbH, ArjoHuntleigh,
THUASNE, Smith & Nephew plc, medi GmbH & Co. KG, and
Medtronic plc. These key market players have been profiled on the
basis of attributes such as company overview, recent developments,
growth strategies, sustainability, and financial overview.
For More Information Kindly Contact:
ResearchMoz
Mr. Nachiket Ghumare,
Tel: +1-518-621-2074,
USA-Canada Toll Free: 866-997-4948,
Email: sales@researchmoz.us,
Website: http://www.researchmoz.us
Mr. Nachiket Ghumare,
Tel: +1-518-621-2074,
USA-Canada Toll Free: 866-997-4948,
Email: sales@researchmoz.us,
Website: http://www.researchmoz.us
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