According to a new market report published by Persistence Market Research “Global Market Study on Compression Therapy - Asia to Witness Highest Growth by 2020”, the global compression therapy market was valued at USD 2,377.8 million in 2014 and is expected to expand at a CAGR of 5.2% from 2014 to 2020, to reach USD 3,232.3 million by 2020.

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.

Globally, the market for compression therapy is witnessing significant growth due to the increasing prevalence of diabetes, growth of the aging population, high incidence of sports injuries, rising awareness about various venous diseases, and the advanced features of compression therapy garments and devices. However, inadequate reimbursement policies and the risk of complications associated with compression therapy systems inhibit the growth of the market. The global compression therapy market is anticipated to grow from an estimated USD 2,377.8 million in 2014 to USD 3,232.3 million by 2020 at a CAGR of 5.2% during the forecast period.

North America dominates the compression therapy market due to increasing numbers of sports injuries in the region. For instance, 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. Increasing prevalence of diabetes, aging population, and rising obesity are also supporting the growth of compression therapy market in North America.

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Summary of Table of Content

Chapter 1 Preface

Chapter 2 Market Synopsis

Chapter 3 Porter’s Five Forces Analysis

Chapter 4 Industry Overview

Chapter 5 Global Market Size and Forecast

Chapter 6 Market Size and Forecast by Static Compression Therapy

Chapter 7 Market Size and Forecast by Dynamic Compression Therapy

Chapter 8 Market Size and Forecast by Geography

Chapter 9 Competitive Scenario

Chapter 10 Company Profiles

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