Market Reports Center

Global Compression Therapy Market 2017-2021


Report Details

Global Compression Therapy Market 2017-2021

SKU TCJAN172147
Category Diagnostics
Publisher Technavio
Pages 83
Published Jan-17
Request Discount Pay by Wire/Invoice

Description

Technavio Announces the Publication of its Research Report – Global Compression Therapy Market 2017-2021

Technavio recognizes the following companies as the key players in the global compression therapy market: 3M, BSN Medical, Getinge, Medtronic, and SIGVARIS

Other Prominent Vendors in the market are: Adidas, Bio Compression Systems, ConvaTec, Devon Medical Products, ElastiMed, FlowAid Medical Technologies, IntelliSkin, Kinesio, KT Health, Laboratoires Innothera, medi, Medical Compression Systems, Nike, PAUL HARTMANN, Smith & Nephew, Tactile Systems Technology, Thuasne, VERT, Zensah, and Zimmer Biomet

Commenting on the report, an analyst from Technavio’s team said: “The market has been witnessing a paradigm shift toward the adoption of wearable compression systems, owing to the increased advantages over conventional compression therapy systems such as stockings. The traditional compression systems can be uncomfortable and difficult for individuals to put on without assistance. This could be due to age-related issues, arthritis, poor mobility or flexibility. Also, the pneumatic compression pumps are costly and bulky, due to which the individuals may resist the adoption. Therefore, the vendors have focused on developing lightweight wearable compression systems. For instance, ElastiMed is using smart materials to develop a wearable compression device that features a battery, which allows the garment to contract and massage the leg. In addition, the device is easy to wear, effective and affordable treatment option. Also, Tactile Systems Technology is offering Flexitouch System (only device that has a strong clinical profile to reduce chronic swelling related to lymphedema) is an advanced intermittent pneumatic compression device, which can stimulate the lymphatic system and reduces the rate of hospital visits. The tactile Systems Technology reported almost 92% of its total sales from Flexitouch System in 2015.”

According to the report, the increasing surgical procedures such as hip and knee replacements increase the risk of DVT, thereby fueling the need for compression therapy systems. Surgeries often result in long periods of immobility, increasing the chances of developing DVT due to reduced blood flow. It is reported that over a million Americans undergo joint replacement surgeries every year. Individuals undergoing knee replacement and hip replacement surgeries have an increased likelihood of developing DVT. Apart from this, more than 670,000 broken bone repair surgeries are performed every year in the US. It is also observed that these cases of joint replacements and cardiovascular procedures are more commonly observed among the older population.

Further, the report states that reforms in the reimbursement structure and rates will affect consumer demand and lead to market fluctuations worldwide. In spite of reforms in medical devices and pharmaceuticals, many developed countries do not have proper reimbursement policies for many medical devices such as compression therapy devices.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.


About Compression Therapy

Compression is a technique for supporting the venous system in the preventive setting and acute and post thrombosis care. Therapeutic compression accelerates deep venous flow rates by putting pressure to compress superficial veins. This external force establishes a more efficient flow to the system, thereby combating venous stasis.

Technavio’s analysts forecast the global compression therapy market to grow at a CAGR of 5.21% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global compression therapy market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of compression products such as
• Compression bandages
• Compression pumps
• Compression stockings
• Compression tapes

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Compression Therapy Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• 3M
• BSN Medical
• Getinge
• Medtronic
• SIGVARIS

Other prominent vendors
• Adidas
• Bio Compression Systems
• ConvaTec
• Devon Medical Products
• ElastiMed
• FlowAid Medical Technologies
• IntelliSkin
• Kinesio
• KT Health
• Laboratoires Innothera
• medi
• Medical Compression Systems
• Nike
• PAUL HARTMANN
• Smith & Nephew
• Tactile Systems Technology
• Thuasne
• VERT
• Zensah
• Zimmer Biomet

Market driver
• Growing adoption of sequential compression device systems
• For a full, detailed list, view our report

Market challenge
• Highly fragmented market increasing the competition
• For a full, detailed list, view our report

Market trend
• Growing focus on sports apparel manufacturers to offer compression therapy systems
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.


News/Press Release

Table of Content

Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
• Highlights
PART 05: An overview of pathophysiology and key disease applications
• Pathophysiology
• Diabetes
• VTE
PART 06: Market landscape
• Market overview
• Five forces analysis
PART 07: Key clinical trials
PART 08: Market segmentation by technology
• Static compression therapy
• Dynamic compression therapy
PART 09: Market segmentation by product type
• Compression pumps
• Compression bandages
• Compression stockings
• Compression tapes
PART 10: Geographical segmentation
• Compression therapy market in Americas
• Compression therapy market in EMEA
• Compression therapy market in APAC
PART 11: Market drivers
• Increasing surgical procedures
• Growing adoption of sequential compression device systems
• Presence of large patient pool with venous disorders and diabetes
• Increasing sports- and road accident-related injuries
PART 12: Impact of drivers
PART 13: Market challenges
• Growing preference for alternatives
• Lack of reimbursements
• Highly fragmented market increasing the competition
PART 14: Impact of drivers and challenges
PART 15: Market trends
• Paradigm shift toward the adoption of smart and wearable compression systems
• Growing focus on sports apparel manufacturers to offer compression therapy systems
• Increasing mergers and acquisitions
PART 16: Vendor landscape
PART 17: Key vendor analysis
• 3M
• BSN Medical
• Getinge Group
• Medtronic
• SIGVARIS
• Other prominent vendors
PART 18: Appendix
• List of abbreviations
PART 19: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global compression therapy market snapshot
Exhibit 03: Global compression therapy market 2016-2021 ($ millions)
Exhibit 04: Opportunity analysis in global compression therapy market
Exhibit 05: Five forces analysis
Exhibit 06: Key clinical trials
Exhibit 07: Segmentation of global compression therapy market based on technology 2016
Exhibit 08: Global static compression therapy market 2016-2021 ($ millions)
Exhibit 09: Global dynamic compression therapy market 2016-2021 ($ millions)
Exhibit 10: Segmentation of global compression therapy market based on product type 2016
Exhibit 11: Global compression pumps market 2016-2021 ($ millions)
Exhibit 12: Global compression bandages market 2016-2021 ($ millions)
Exhibit 13: Global compression stockings market 2016-2021 ($ millions)
Exhibit 14: Global compression tapes market 2016-2021 ($ millions)
Exhibit 15: Segmentatison of global compression therapy market based on geography 2016 and 2021
Exhibit 16: Compression therapy market revenue by geography 2016-2021 ($ millions)
Exhibit 17: Market scenario in Americas
Exhibit 18: Compression therapy market in Americas ($ millions)
Exhibit 19: Market scenario in EMEA
Exhibit 20: Compression therapy market in EMEA ($ millions)
Exhibit 21: Market scenario in APAC
Exhibit 22: Compression therapy market in APAC ($ millions)
Exhibit 23: Factors driving the adoption of sequential compression therapy system
Exhibit 24: Key factors adding to the patient pool
Exhibit 25: Incidences of sports-related injuries
Exhibit 26: Impact of drivers
Exhibit 27: Some of the substitutes
Exhibit 28: Factors affecting the adoption rates
Exhibit 29: Impact of drivers and challenges
Exhibit 30: Competitive structure analysis of global compression therapy market 2016
Exhibit 31: Competitive analysis of global compression therapy market
Exhibit 32: Competitive landscape analysis of various compression therapy manufacturers 2016
Exhibit 33: Strategic success factors of companies in global compression therapy market
Exhibit 34:M: Strength assessment
Exhibit 35:M: Strategy assessment
Exhibit 36:M: Opportunity assessment
Exhibit 37: BSN Medical: Key highlights
Exhibit 38: BSN Medical: Strength assessment
Exhibit 39: BSN Medical: Strategy assessment
Exhibit 40: BSN Medical: Opportunity assessment
Exhibit 41: Getinge Group: Key highlights
Exhibit 42: Getinge Group: Strength assessment
Exhibit 43: Getinge Group: Strategy assessment
Exhibit 44: Getinge Group: Opportunity assessment
Exhibit 45: Medtronic: Key highlights
Exhibit 46: Medtronic: Strength assessment
Exhibit 47: Medtronic: Strategy assessment
Exhibit 48: Medtronic: Opportunity assessment
Exhibit 49: SIGVARIS: Key highlights
Exhibit 50: SIGVARIS: Strength assessment
Exhibit 51: SIGVARIS: Strategy assessment
Exhibit 52: SIGVARIS: Opportunity assessment

Companies Profiled

3M, BSN Medical, Getinge, Medtronic, SIGVARIS, Adidas, Bio Compression Systems, ConvaTec, Devon Medical Products, ElastiMed, FlowAid Medical Technologies, IntelliSkin, Kinesio, KT Health, Laboratoires Innothera, medi, Medical Compression Systems, Nike, PAUL HARTMANN, Smith & Nephew, Tactile Systems Technology, Thuasne, VERT, Zensah, Zimmer Biomet.

Market Reports Center © Copyright 2017 All rights reserved.

wire transfer
ssl