Compression Therapy Market is estimated to grow considerably during 2023-2032 due to the increasing prevalence of the venous disorder, stimulated by sedentary lifestyle and other unhealthy habits. Moreover, a surge in orthopedic procedures would further add to the compression therapy demand in the coming years. As per credible reports, more than 7 million orthopedic procedures are carried in United States every year.
Compression therapy is a treatment that helps in improving blood flow in lower legs via elastic stockings or wraps. Compression is provided to legs, ankles, and feet with the help of elastic. It helps prevent blood pooling and fluid building up in these areas.
Overall, the compression therapy industry is segmented in terms of product, technology, application, and region.
Based on the product, the compression pumps segment will be valued at over USD 741 million by 2032. Product advantages including non-healing ulcers and wounds, will likely increase its penetration in the coming years. Compression pumps aid in pain relief and fluid discharge. Besides, it also enhances blood circulation, assists in healing wounds, and is deemed an effective mode of treatment against lymphedema.
By technology, the dynamic compression therapy will witness strong demand during 2032. Increasing hip replacement procedures across the globe to reduce the risk of postoperative deep vein thrombosis will favor segment expansion. Besides, the favorable clinical evidence related to the use of dynamic compression therapy devices in multiple venous treatments.
Considering the application, the deep vein thrombosis treatment (DVT) segment will record positive expansion through 2032. The mounting use of compression stockings for treating deep vein thrombosis is poised to expand the segment growth.
Regionally, the Europe compression therapy industry will exhibit more than 5% CAGR between 2023-2032. Increasing requirement and demand for compression therapy as postoperative procedure will support regional growth. Furthermore, increasing patient pool in the region would add the demand for compression therapy in the near future.
Clinical data support compression therapy’s use in the treatment of specific illnesses. As sports injuries and accidents are becoming more common, the market is anticipated to grow at a rapid pace. Germany witnesses strong demand for compression therapy due to the presence of a large obese patient population and the increasing product adoption across the region. Besides, given the growing health concerns, the U.K. is also expected to witness massive growth during the estimated timeframe.